From Cyberspace To Outer Space: Will Fiat Imperialism Push Mining Off-Planet? | ZeroHedge
Authored by William Stebbins Jr. via Bitcoin Magazine,
Tension is building in the mines.
As the 4th Halving nears and the block reward trims to 3.125 bitcoin per block, miners must not only adapt to a significantly diminished reward, but contend with an increasingly profit-hostile future which might have surprised even the prescient Nakamoto. Indeed, despite widespread hope that fiat states will come to accept peaceful coexistence with bitcoin—I, too, would prefer this outcome—and (more…)