BTC miners have not moved their hashrate to other POW-based coins.

in H4LAB Research19 days ago (edited)

1000015063.jpg

Source: LookIntoBitcoin

This chart indicates that the BTC(Bitcoin) miners have not leaved the BTC blockchain. I thought it would collapse after the BTC 4th halving.

1000015061.jpg

Source: memepool.space

I checked the recent 10 block rewards on the site. The average block reward is 5~10 BTC. It composes the mining reward and tx(transactions) fee reward. So, BTC miners can receive more than 3.125 BTC.

Since BTC miners make money from tx fee, it seems that they've not leaved the BTC. What a shame. The BTC price is not likley to decrease or collapse. Because, the hashrate is like the intrinsic value of the BTC for the long-term.

Sort:  

This comment is for rewarding my analysis activities. Upvotings will be proceeded by @h4lab and @upex

Congratulations, your post has been upvoted by @upex with a 100.00% upvote. We invite you to continue producing quality content and join our Discord community here. Keep up the good work! #upex

Congratulations, your post has been upvoted by @nixiee with a 40.94021259794122 % upvote Vote may not be displayed on Steemit due to the current Steemit API issue, but there is a normal upvote record in the blockchain data, so don't worry.

Coin Marketplace

STEEM 0.29
TRX 0.13
JST 0.033
BTC 63252.23
ETH 3035.50
USDT 1.00
SBD 3.73