Nostr Web Client

I understand the fees have the potential to keep miners operating, but you were speaking about rewards alone will be enough to keep a robust market for mining, but as we all know, those come to an end in 2140. So after that, I think what you are laying out is that the fees will be enough to keep a robust market for mining? And if I understand this correctly, then not only will the miners want to operate, but then we also have robustly secure protocol.

Tauri 8mo ago

Just to put things in perspective — the last whole Bitcoin will be mined for nearly 40 YEARS where miners all over the world will keep working, probably burning way more energy than we already do today — and right now, it’s equivalent to 12 nuclear reactors running non-stop. All that effort, just to squeeze out the final bits of a fixed 21 million supply. So yeah… what do you think a full Bitcoin will be worth then? Or even a sat? Or the cost to get a transaction into a block? I’m guessing enough.

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