Post
Topic
Board Bitcoin Discussion
Re: BTC miners income decline or will sell BTC to maintain operations
by
kotajikikox
on 21/05/2024, 20:50:28 UTC
That's a very bad translation job. The disconnected sentences imply to me that an image was translated using something like Google Lens.
You’re correct. The random cut off and capitalization is a very telling sign.

The drop in transaction fees and benefits has forced miners to consider selling bits
Coins to cover operating costs.
Bits coins? Seriously.

I did understand it so anyway yes with the mining rewards cut in half, miners now look for other ways to earn. This can further increase the transaction fees required as more and more miners will be turning away from verifying transactions. Needless to say, they need to be met with more incentives.