Now it's my chance with my solo USB miner!
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B-b-but Ordinals were going to fix the incentives 🙃
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25 sats \ 1 reply \ @8 12 Feb 2023
I would think it would go up from the Ordinals
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The fee revenue to miners is today yet a fraction of the revenue to miners due to the block subsidy award. So even if ordinals were to quadruple tx fee revenue to miners, that still wouldn't have a significant impact to miner's revenue and thus not a reason for them to add capacity.
But likely hashrate will overall continue to rise if current exchange rate levels hold even, nonetheless if they were to increase in the near future.
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Sigh if relief, thank you for the good news 🗞️
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