johnfork

Not sure why you're so worked up but you’ve got some good points. But if a lot of these "unprofitable miners" leave, doesn’t that make it more centralized and easier for 51% attacks? Just saying, in a crazy scenario.

But I thought it made sense here since it’s about mining... you know? I saw that other thread, but didn’t find any answers to my question, so I just posted this.

So, I’m wondering what happens once all 21 million bitcoins are mined. Right now, miners earn rewards from both block rewards and transaction fees. But once that cap hits, will they only rely on transaction fees? Is it…

True, but when people hear "nuclear" they freak out, thinking of Chernobyl. Government ain't helping with the education either; they'd rather evacuate than inform.

I've always thought mining works better in cooler climates. UAE is super hot, especially in summer. How do you manage that? $0.0299/kWh sounds crazy good though. Almost 4x cheaper than the US and China, where it's…