Why are Empty Blocks Happening with OrangeSurf from mempool.space (SLP588)
Stephan Livera Podcast
00:00
Understanding Empty Blocks in Bitcoin Mining
The chapter delves into the concept of empty blocks in Bitcoin mining and how the proportion of transaction fees to block reward subsidy impacts the decision to mine empty blocks. It discusses the economics behind choosing whether to mine empty or full blocks based on the percentage of fees in the block reward and analyzes the impact of decreasing block subsidies on incentivizing mining pools to avoid empty blocks.
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