Good to know :
What will happen when there is no more Halving?
When there are no more new bitcoins to mine.
Miners will no longer receive bitcoin rewards for their work.
Which will necessarily reduce the interest of bitcoin workers. Who has an electronic armada at home to exercise.
Imagine no longer receiving a decent income to go to work while having to get up early, take your car and go to work... do you think that so many of you will still be working?
This leads us to ask ourselves the following question: But how will they be rewarded?
They will then have to rely solely on transaction fees to generate revenue.
This could lead to an increase in transaction fees on the Bitcoin network, with miners incentivized to select transactions with the highest fees.
Bitcoin's average transaction fees climbed from $8.59 to $12.75. This corresponds to an increase of +48% and costs will therefore increase disproportionately to compensate for the financial loss.
So you should expect to have large transaction fees in the future for transactions made in BTC.
To remain profitable, miners may need to adjust their operational costs, including by adopting more efficient technologies or seeking cheaper sources of electricity.
Or simply stop their mining activities..
The cost of electricity, equipment and their maintenance is not negligible for miners.
What do you think about this ? Do not hesitate to give your opinion, your point of view.
#halvingbitcoin #HalvingHorizons #mineurs #Bitcoin #Binance
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