Piecover on Nostr: To those who think tx fees will not sufficient to pay miners to maintain the network. ...
To those who think tx fees will not sufficient to pay miners to maintain the network. Even if all big miners drop out today, the Bitaxe miners and so many mini miners will continue to secure their money #Bitcoin and also by betting on winning a block in their lifetime.
The difficulty adjustment is what will provide the equilibrium necessary to keep the network free from socialism, secured and robust.
Published at
2024-08-01 11:54:56Event JSON
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"content": "To those who think tx fees will not sufficient to pay miners to maintain the network. Even if all big miners drop out today, the Bitaxe miners and so many mini miners will continue to secure their money #Bitcoin and also by betting on winning a block in their lifetime.\n\nThe difficulty adjustment is what will provide the equilibrium necessary to keep the network free from socialism, secured and robust.",
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