ferenckovacs on Nostr: Mempool is clearing out—does this mean Bitcoin’s security budget is in trouble? ...
Mempool is clearing out—does this mean Bitcoin’s security budget is in trouble? Really?
Right now, the block reward is 315M sats, while transaction fees are around 4M sats—fees make up less than 2% of miner revenue.
But what happens after two halvings?
• Block reward: 78.75M sats
• Fees (assuming 4M sats remain constant): 4M sats
• Total: 82.75M sats
If #Bitcoin reaches $1M per BTC, miners will earn $827,500 per block, which is more than 2.5x today’s earnings.
The network adapts. As Bitcoin’s price rises, miner incentives remain strong.
#Bitcoin #SecurityBudget #Halving
Right now, the block reward is 315M sats, while transaction fees are around 4M sats—fees make up less than 2% of miner revenue.
But what happens after two halvings?
• Block reward: 78.75M sats
• Fees (assuming 4M sats remain constant): 4M sats
• Total: 82.75M sats
If #Bitcoin reaches $1M per BTC, miners will earn $827,500 per block, which is more than 2.5x today’s earnings.
The network adapts. As Bitcoin’s price rises, miner incentives remain strong.
#Bitcoin #SecurityBudget #Halving