Post by KBPS
Approximately 6 months ago (maybe more/less) Kurt did one of his Q&A shows on his YouTube channel. I am paraphrasing here but he said something akin to "if mining operation income source was only mining then business would be bankrupt". I like Kurt because he doesn't purposely hide negativity if asked directly.
So that 2,700 tps figure (if it's correct, I don't know if it is) only maintains the current disastrous financial situation. Maintaining status quo for the BSV network is hardly going to be a good outcome imho.
Just do the simple maths. 2018 to now has seen how much increase in cost to mine? Factor in the halvings, factor in well nigh zero (?) miner fees, factor in the token is near ATL. Does this sound like "future is so bright I have got to wear shades?"
What the chain says
- Block
- 962 566
- Time
- 2026-08-16T11:05:44Z
- Signer
- 1ExP8Lp55td1Wsb1RghgeCVnb6jrUEYgjV
- App
- twetch
- Type
- reply
- Content type
- text/markdown
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1ExP8Lp55td1Wsb1RghgeCVnb6jrUEYgjV UnverifiedReplies (1)
Not sure if you know how mining works. Since 2018 difficulty has gone down very hard. So the mining costs are at its lowest level.