Oddbean new post about login | logout You attain 100,000,000 Satoshi’s faster and with less electricity expenses when your transaction fees are through the roof fren. Check out the Braiins pool calculator……….
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You earn more revenue when you mine a block, but that has nothing to do with the cost of mining it.
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The attainment of 100,000,000 Satoshis through the subsidity and fees is obtained with an overall lower electricity cost. I see that on a small scale fren with mining, so I respectfully disagree with you. Hope you have a great New Year!
Cheers, happy new year to you! I just push back on the idea of “100k sats” as a single measure of miner revenue. Block subsidy (new issuance, or “production”) is an entirely separate revenue stream from tx fees. One is known and predictable, where the other is a determined by (volatile) market demand. The cost of producing ~enough hashes (statistically) to find a block is not determined by either form of miner revenue. It is determined by real world hardware/energy/etc costs, and how many hashes competing miners are producing. TLDR; successful miners do a ton of financial and risk modeling for all kinds of scenarios, and invest accordingly.