Transaction

e30f0059239f2a73cc39cac61f6b471fd6e5c53ba77cd6accc7f5feef317536c
Timestamp (utc)
2024-03-28 18:53:11
Fee Paid
0.00000015 BSV
(
0.00516220 BSV
-
0.00516205 BSV
)
Fee Rate
10.35 sat/KB
Version
1
Confirmations
93,064
Size Stats
1,449 B

2 Outputs

Total Output:
0.00516205 BSV
  • j"1LAnZuoQdcKCkpDBKQMCgziGMoPC4VQUckM¬<div class="post">Some places where generation will gravitate to:<br/>1) places where it's cheapest or free<br/>2) people who want to help for idealogical reasons<br/>3) people who want to get some coins without the inconvenience of doing a transaction to buy them<br/><br/>There are legitimate places where it's free. &nbsp;Generation is basically free anywhere that has electric heat, since your computer's heat is offsetting your baseboard electric heating. &nbsp;Many small flats have electric heat out of convenience.<br/><br/>How expensive is heating oil? &nbsp;With the price of oil so high, if it's actually more expensive than electric, then generating would have negative cost.<br/><br/>There's also kids putting it on their parent's power bill, employees their employer, botnets, etc.<br/><br/>Case 3 comes into play for small amounts. &nbsp;The overhead of doing an exchange doesn't make sense if you just need a small bit of pocket change for incidental micropayments. &nbsp;I think this is a nice advantage vs fiat currency, instead of all the seigniorage going to one big entity, let it go in convenience amounts to people who need to scrape up a small amount of change.<br/></div> text/html
    https://whatsonchain.com/tx/e30f0059239f2a73cc39cac61f6b471fd6e5c53ba77cd6accc7f5feef317536c