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LBRY Claims • bitcoin-miners-leaving-btc

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10 Apr 2024 13:12:51 UTC
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Bitcoin Miners Leaving BTC?
Join the private Bitcoin forum:<br /><a href="https://www.bitcoinuniversity.com/bitcoin-forum" target="_blank" rel="nofollow">https://www.bitcoinuniversity.com/bitcoin-forum</a><br /><br />In this video, I discuss the effect of the halvings on BTC, BCH, and BSV and how larger blocks have been preventing a robust transaction fee market from developing.<br /><br />BCH and BSV continue to bleed value against BTC, and their network hash rates are far below that of the Bitcoin (BTC) network.<br /><br />BTC blocks are already showing the beginning of a robust transaction fee market, which requires that blocks be relatively full. If blocks are not full, then you end up with 1 sat/vb transactions and very little transaction fee revenue for the miners.<br /><br />What's going to happen as the block subsidy gets halved again and again every 4 years?<br /><br />Miners will become increasingly dependent on transaction fees for revenue. BCH and BSV have big empty blocks that don't encourage a robust transaction fee market to develop-- so there is zero risk that BTC miners leave BTC for BCH or BSV.<br /><br />In fact, the opposite will happen: miners will continue to leave BCH and BSV and point their hash to the BTC network. That will leave BCH and BSV with even less security than they have today, which will encourage even fewer people to use them to use them, since they offer less security and slower final settlement.<br /><br />Bitcoin is winning and will continue to win the money game.<br /><br />Get on the winning team--<br /><br />You'll be much happier and sleep better at night.<br /><br />Stop looking for "the next Bitcoin"<br /><br />Bitcoin is the next Bitcoin.<br /><br />There is no second best.<br /><br />Not investment advice! Consult a financial advisor.<br /><br />Learn more about the Bitcoin halving:<br /><a href="https://www.youtube.com/watch?v=qoOfikLKbDY&ab_channel=BitcoinUniversity" target="_blank" rel="nofollow">https://www.youtube.com/watch?v=qoOfikLKbDY&ab_channel=BitcoinUniversity</a><br /><br />Relative market caps:<br /><a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="nofollow">https://coinmarketcap.com/currencies/bitcoin/</a><br /><a href="https://coinmarketcap.com/currencies/bitcoin-cash/" target="_blank" rel="nofollow">https://coinmarketcap.com/currencies/bitcoin-cash/</a><br /><a href="https://coinmarketcap.com/currencies/bitcoin-sv/" target="_blank" rel="nofollow">https://coinmarketcap.com/currencies/bitcoin-sv/</a><br /><br />Craig Wright is not Satoshi:<br /><a href="https://twitter.com/BTC_Archive/status/1773644303811670437" target="_blank" rel="nofollow">https://twitter.com/BTC_Archive/status/1773644303811670437</a><br /><br />SHA-256 hash calculator:<br /><a href="https://xorbin.com/tools/sha256-hash-calculator" target="_blank" rel="nofollow">https://xorbin.com/tools/sha256-hash-calculator</a><br /><br />BTC hashrate chart:<br /><a href="https://www.coinwarz.com/mining/bitcoin/hashrate-chart" target="_blank" rel="nofollow">https://www.coinwarz.com/mining/bitcoin/hashrate-chart</a><br /><br />BCH hashrate chart:<br /><a href="https://www.coinwarz.com/mining/bitcoincash/hashrate-chart" target="_blank" rel="nofollow">https://www.coinwarz.com/mining/bitcoincash/hashrate-chart</a><br /><br />BSV hashrate chart:<br /><a href="https://bitinfocharts.com/comparison/bitcoin%20sv-hashrate.html#alltime" target="_blank" rel="nofollow">https://bitinfocharts.com/comparison/bitcoin%20sv-hashrate.html#alltime</a> <br /><br />Hashrate converter:<br /><a href="https://coinguides.org/hashpower-converter-calculator/" target="_blank" rel="nofollow">https://coinguides.org/hashpower-converter-calculator/</a><br /><br />BCH blockchain explorer:<br /><a href="https://bchmempool.cash/" target="_blank" rel="nofollow">https://bchmempool.cash/</a><br /><br />BTC blockchain explorer:<br /><a href="https://mempool.space/" target="_blank" rel="nofollow">https://mempool.space/</a><br /><br />BTC has much faster settlement finality:<br /><a href="https://howmanyconfs.com/" target="_blank" rel="nofollow">https://howmanyconfs.com/</a><br /> <br />I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals. <br /><br />#Bitcoin <br />#crypto <br /><br />Disclaimer <br />Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.<br />...<br /><a href="https://www.youtube.com/watch?v=7V7h87YJYPE" target="_blank" rel="nofollow">https://www.youtube.com/watch?v=7V7h87YJYPE</a>
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