How Bitcoin Transaction Fees Sustain Miner Incentives
bitcoin transaction fees reward miners for including transactions in blocks. As block subsidies decline over time, these fees become crucial to sustain miner incentives and network security.
Capitalizations Index – B ∞/21M
bitcoin transaction fees reward miners for including transactions in blocks. As block subsidies decline over time, these fees become crucial to sustain miner incentives and network security.
bitcoin’s protocol cuts block rewards in half every 210,000 blocks, roughly every four years, slowing new supply, reinforcing scarcity, and influencing miner incentives and market dynamics.
bitcoin’s 21 million coin limit is enforced by code and a halving schedule. This article explains how new coins are issued, when they’ll run out, and why the cap matters.
This article explains the bitcoin block reward: how miners earn newly created BTC plus fees, how halvings reduce rewards over time, and why this mechanism secures supply and incentivizes mining.