So, Im almost complete with my first lesson and mining was briefly discussed. Once the 21 Million Bitcoin threshold is reached, what incentives miners to continue to work? Additionally, will the work not be compensated??
miner get the fees as well. once 21 million has been mine then it’s just the fee that the miner will get. At that point fee will be alot higher as well
Thanks, that makes sense!
The incentive will be the transaction fees