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Karud

11/18/2020 11:23

$Marathon Patent i do not understand the economy of bitcoin mining, any economist here to explain?

bitcoin is a fixed quantity asset which is cap at 21 million. let's say that all BTC had been mined and Marathon holds 10k of those coins, how will Marathon actually make money and shareholders get pay if Marathon do not sell their coins?

Would this not keep everyone stuck? Marathon will want to keep holding their coins to as value continue to grow for BTC, so where will it get it's money to pay back to shareholders?
Disclaimer: The comments, opinions and analysis expressed herein are for informational and educational purposes only and shoulk not be considered as individual investment advice or recommendations. Webull is not responsible or liable in any way for comments posted by pur users.

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All Comments(8)

Sozet Cilobarap11/18/2020 11:40
moving physical gold is far far more logistically expensive than a validator fee I'm sure.

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Sozet Cilobarap11/18/2020 11:38
also lost coins are forever lost.. sayyyyy 19 million in reality.. and shrinking

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Sozet Cilobarap11/18/2020 11:37
once all coins are mined (long long time), transactions, which are validated in "Blocks" on the blockchain by mining, will cost a variable nominal fee.

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DetectiveClarence11/18/2020 11:37
but it'll take til 2400 to mine most of it

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DetectiveClarence11/18/2020 11:36
at that point, fees become the main method, since they would have all the computers for the infrastructure up already

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lak***com11/18/2020 11:28
ps all btc will not be mined in out lifetime.

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lak***com11/18/2020 11:27
miners fee

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Bil***com11/18/2020 11:26
Mara makes money by processing crypto transactions.

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