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The Economics of Bitcoin Mining

While the world seems to be fixing its eyes on the bitcoin price charts, I watch a simple and mundane number: The per block ‘transaction fee/subsidy’ ratio on Bitcoin blockchain. The fees/subsidy ratio is the most significant bitcoin chart to look at, because it is signaling the future. Why is this important? Because this is...

Read more... The full content of this chapter is available in the two-volume book:

Bit & Coin

Merging Digitality and Physicality

Volume IDigital Humanity’s Truth Layer - The New Internet, its Authenticity Layer, and Applications
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Volume IIBitcoin, Blockchain, and Beyond - Essays of Science, Economics, Law, Ethics, and Controversies
(coming soon)