
Surviving As A Bitcoin Miner w/ Marshall Long
Bitcoin Magazine Podcast
00:00
The Bitcoin Network and the Alignment of Incentives
As a minor, it is in my best interest to try to encourage as much on chain activity. Therefore, I can make more Bitcoin from transaction fees. However, it is a fine line between that and it being not good for the network. So if the block size goes too high, then there can be big issues with that. There's all kinds of interesting arguments about how the network pros and cons with different block sizes. But we started this conversation and it was an interesting learning experience for me. Timing as well was terrible on my part.
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