$BTC miners are struggling as transaction fees hit a decade-low.
Miners now rely almost entirely on block subsidies, creating a structural risk that grows with each halving. If fee markets stay weak, the network's long-term security budget faces pressure. Watch mempool congestion to see if user demand picks up or if capital shifts toward high-compute plays like $RENDER.
$BTC #Mining #Security #OnChain
Miners now rely almost entirely on block subsidies, creating a structural risk that grows with each halving. If fee markets stay weak, the network's long-term security budget faces pressure. Watch mempool congestion to see if user demand picks up or if capital shifts toward high-compute plays like $RENDER.
$BTC #Mining #Security #OnChain