What you missed is that bitcoin transaction fees have skyrocketed. And who do you think gets those fees? MINERS.
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What you missed is that bitcoin transaction fees have skyrocketed. And who do you think gets those fees? MINERS.
Actually, I didn't miss that at all. I even mentioned the fact that miners get fees in my comment. I know fees are high right now. What I am saying is that after all Bitcoin has been mined, miners will have to rely on fees for income. If transaction fees drop, it will be a question of whether or not the fees that miners bring in will be able to support the cost of their rigs and provide a decent profit.
I didnt't say mining wouldn't be viable. I just think it remains to be seen. We won't really know until it happens.