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RE: There's a Bitcoin GOLD RUSH Going on - How to PROFIT Big from BITCOIN
What you missed is that bitcoin transaction fees have skyrocketed. And who do you think gets those fees? MINERS.
What you missed is that bitcoin transaction fees have skyrocketed. And who do you think gets those fees? MINERS.
Actually, I didn't miss that at all. I even mentioned the fact that miners get fees in my comment. I know fees are high right now. What I am saying is that after all Bitcoin has been mined, miners will have to rely on fees for income. If transaction fees drop, it will be a question of whether or not the fees that miners bring in will be able to support the cost of their rigs and provide a decent profit.
I didnt't say mining wouldn't be viable. I just think it remains to be seen. We won't really know until it happens.