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Questions for Mining (9)
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Can Bitcoin's transaction fee market provide sufficient incentive for miners to secure the network in the long term, when block rewards approach zero? This is known as the 'security budget' problem. Is there a solution?
Updated At
8/18/2025
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If most countries worldwide were to ban Bitcoin mining, would the remaining hash power be sufficient to secure the network? What impact would this have on Bitcoin's decentralization?
Updated At
8/18/2025
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How would imposing KYC/AML (Know Your Customer/Anti-Money Laundering) regulations on miners change the mining industry's ecosystem and the network's censorship resistance?
Updated At
8/18/2025
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How will the development of AI (Artificial Intelligence) affect Bitcoin? For example, can AI be used to optimize mining efficiency, perform more complex on-chain analysis, or even discover protocol vulnerabilities?
Updated At
8/18/2025
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As block rewards diminish and transaction fees become the primary source of income for miners, how will this affect the energy consumption patterns of mining?
Updated At
8/18/2025
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In game theory, can the competition among miners be considered a 'Prisoner's Dilemma'? Under what circumstances would collective collusion by miners (e.g., a 51% attack) become a rational choice?
Updated At
8/18/2025
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Is using stranded energy, such as associated gas from oil fields, a viable solution for Bitcoin's energy problem, or is it an overhyped niche market?
Updated At
8/18/2025
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Does the geographical centralization of Bitcoin mining (whether previously in China or later in the United States) pose a systemic risk to the network's decentralization?
Updated At
8/18/2025
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The rapid iteration of Bitcoin mining hardware (ASICs) creates a significant amount of e-waste. How can this problem be solved?
Updated At
8/18/2025