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#892 Bitcoin & Climate Change w/ Chris Larsen

The Pomp Podcast

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Is There Any Economic Incentive for People to Mine?

Even if transaction fees exploded, which is part of the miners revenue, there was a bigger economic incentive for people to mine. If they went and spent every single dollar buying energy, and so they made no profit, it still would only get you about point nine% based on the numbers i've looked at. So that's whyi change the code. Andnd, change the proof of work. N't go to proof sik. But again, bottom line, if people can make money like they have been on god coin and it's helping the climate, that's unstoppable. That's carbon coin right there.

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