Only 5% of Bitcoin remains to be mined, but this 5% will support a million-dollar coin price over the next 10 years!
💰 Mining is essentially the process by which miners maintain network security and earn block rewards + transaction fees. With rewards halving every 4 years, all will be mined by 2140. $BTC
📉 Key support - "shutdown price" (the cost price for miners), historically, whenever it briefly drops below this, it quickly rebounds. For 95% of the time over the past 16 years, the coin price has been above the cost line.
🔮 Model predictions: the cost price will reach 120,000 in 2028, 250,000 in 2032, and 500,000 in 2036. At that time, the market price may hit 1 million dollars per coin!
⛏️ Mining advantages: low-cost phased coin acquisition, assets have a safety cushion, stable cash flow, suitable for long-term coin holding. But the next 10 years is the last dividend period - production decreases, energy efficiency peaks, and the safety cushion thins.
🌍 Bitcoin has withstood crises for 16 years, relying on global consensus and the ceaseless roar of mining machines. This is the most reliable cash flow and the underlying driving force for the long-term rise in coin prices!
📌 For more in-depth analysis, feel free to follow and discuss! The above main points come from YouTube @GiantCutie-CH