Bitcoin Mining is 95% subsidised?! #consensus #issuance #subsidy
Video Transcript
Did you know that Bitcoin mining is 95% subsidized that is that we have blocks of Bitcoin being mined where 95% of it is new Bitcoin in issuance and 5% from transaction fees of existing Bitcoin in circulation what this does is transitionally over time we cut the
Blocks of new Bitcoin in half and the transaction fees begin to increase through adoption and that transition is going to take place over the next 100 plus years
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