Cryptocurrency Q&A How will miners make money after all Bitcoin is mined?

How will miners make money after all Bitcoin is mined?

CryptoLodestar CryptoLodestar Mon Dec 16 2024 | 6 answers 1704
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? How will miners make money after all Bitcoin is mined?

6 answers

BlockchainBaron BlockchainBaron Wed Dec 18 2024
Mining rewards are gradually decreasing, indicating a shift in the primary revenue source for miners.

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DondaejiDelightfulCharmingSmileJoy 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.

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Caterina 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.

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Silvia 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.

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RainbowlitDelight 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.

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