I'm wondering how miners will earn an income once all the
Bitcoin has been mined. Will they still be able to make money and if so, how?
6 answers
BlockchainBaron
Wed Dec 18 2024
Mining rewards are gradually decreasing, indicating a shift in the primary revenue source for miners.
DondaejiDelightfulCharmingSmileJoy
Wed Dec 18 2024
As mining rewards diminish, transaction fees are poised to take center stage as the main source of income for miners.
Caterina
Tue Dec 17 2024
This shift is inevitable, as once all bitcoins are mined, miners will solely rely on transaction fees to validate and secure the network.
Silvia
Tue Dec 17 2024
On April 20, 2024, a significant milestone was reached when transaction fees peaked at an astonishing 1,257.71 BTC.
RainbowlitDelight
Tue Dec 17 2024
This marked a day where transaction fees accounted for over 75% of miner revenue, highlighting the growing importance of these fees.