Marty's Ƀent
Issue #1145: 2021 saw the highest miner revenues by a wide margin
This is a great stat to see if the dwindling block subsidy getting cut in half every four years causes you worry.
This is a great stat to see if the dwindling block subsidy getting cut in half every four years causes you worry.
That was this week's Smorgasbord! We'll be back with another whenever we feel like it.
If you've been paying attention to the bitcoin fee market over the last few days you may have noticed a material uptick in the average sats per byte needed to get a transaction confirmed in a block.
We are still very much in the middle of "The Great Build Out". Luckily, the booster rockets are helping to secure the network as The Great Build out of the Cypherpunk Field of Monetary Dreams is underway.
Regardless, we know that the halving will be occurring around this time next year. Between now and then 667,200 bitcoins will be mined. North of $5 Billion worth at the current prices. Not that much capital needed to scoop those freshly minted bitcoins when you think about it.
