95% of all Bitcoin is now mined — and it’s raising a new question about security
With 95% of Bitcoin mined, the milestone raises concerns about the network's long-term security as miner subsidies decrease and reliance on transaction fees grows.Summary
Bitcoin has surpassed 20 million coins mined, representing 95% of its total 21 million coin limit. This milestone highlights Bitcoin’s scarcity, a core design principle, but also raises questions about the network’s future security. As mining rewards decrease with each halving, miners are facing shrinking margins and are exploring alternative revenue streams like AI hosting. The long-term viability of Bitcoin’s security model depends on whether transaction fees will increase sufficiently to compensate for the declining block subsidy, a point of debate among experts. While some are optimistic about price increases and network growth driving fee revenue, others warn that insufficient fees could compromise the network's security, potentially impacting the entire crypto ecosystem.
(Source：CryptoSlate)