How can miners redeem their rewards if the coinbase output is less than the dust limit?
Also, if we assume fees will be higher in the future, won't the dust limit be higher too?
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412 sats \ 3 replies \ @Scroogey 29 Oct 2022 freebie
The coinbase output includes all the fees paid by the transactions included in the block. If the sum of reward and fees is still below the dust limit, there is no monetary incentive to mine...
Why would the dust limit increase with fees in the future? I'd expect the dust limit to decrease as the BTC price increases.
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517 sats \ 0 replies \ @peace 29 Oct 2022 freebie
AFAIK since a dust limit is when the transaction fee is greater than the amount of Bitcoin in the transaction, as fees increase a higher transaction amount is required to be greater than the fee—increasing the dust limit.
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0 sats \ 0 replies \ @selfish_gene 30 Oct 2022
не столь сильно он будет большой... хватит и 0.1 в блок... этого достаточно после поглащения 10% капитализации $₽€¥¢£ всех валют....
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0 sats \ 0 replies \ @nullcount OP 30 Oct 2022
This could be the ultimate incentive to adopt stratum V2. Mining an empty block becomes a liability if the subsidy is lower than the dust limit.
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30 sats \ 0 replies \ @timechain 29 Oct 2022
Yeah, by that time tx fees will greatly outweigh the subsidy. Both go to the mining pool operator, who disperses the Bitcoin. There are ways of getting this pretty cheap; batching the sending, which is already done, but maybe they can release the coins from a few days of mining by keeping track of contributed hash and dispersing in proportion. Opening a LN channel with each miner is also a possibility.
Since mining pools compete with each other and switching pools is easy, the pools that innovative to get the most sats/work in the miner's wallet wins the hashpower.
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0 sats \ 0 replies \ @selfish_gene 30 Oct 2022
все просто... просто сейчас нужно откладывать на 5 или 10 халвингов вперёд... 20% потом просто майнить. в гловову это не придёт тем кто не майнил... а вот другие майнеры ещё с 2014 года откладывали 50% на 2024 год... так что майнеров цена не интересует как... у них уже есть запасы на 10 лет вперёд при нынешней цене... хотя 8 лет назад это было 4$ всего... понимаешь?
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