Transaction

3e4e71c05b9dfea2e089dd247611bc02c08acfb890e69e92bd5c4941b34bfecf
Timestamp (utc)
2024-03-29 03:19:36
Fee Paid
0.00000012 BSV
(
0.00444560 BSV
-
0.00444548 BSV
)
Fee Rate
10.71 sat/KB
Version
1
Confirmations
95,086
Size Stats
1,120 B

2 Outputs

Total Output:
0.00444548 BSV
  • j"1LAnZuoQdcKCkpDBKQMCgziGMoPC4VQUckMd<div class="post">The problem with your analysis is that you assume that all for-profit minters will have the same profit margin. They won't. Among other things, larger minters will have economies of scale in their favour, making them more profitable.<br/><br/>In addition, as Bitcoin grows, people will develop dedicated hardware that maximizes the khash/dollar spent. In addition, people will tune the software in more and more precise ways to squeeze slightly more khash/second out of the same hardware. The people who invest a large fixed cost to do that will receive a correspondingly lower variable cost per Bitcoin minted in return, so they'll be able to mint at price levels that would drive others out.<br/><br/>Finally, at the point that this becomes an issue, everyone will be including transaction fees with their transactions to incentivize minting.</div> text/html
    https://whatsonchain.com/tx/3e4e71c05b9dfea2e089dd247611bc02c08acfb890e69e92bd5c4941b34bfecf