Mason Jappa predicts Bitcoin mining will stay profitable for at least 12 more years, but post-2036, miners will rely on transaction fees or a $1 million BTC price.
Bitcoin mining remains one of the most misunderstood but essential aspects of the crypto ecosystem.
According to Mason Jappa, CEO of Blockware, mining is set for at least 12 more years of clear profitability, but concerns over centralization and sustainability are growing.
Speaking with Roundtable host Rob Nelson, Jappa noted that Bitcoin price growth continues to outpace mining difficulty, ensuring that miners can remain profitable.
"Looking at historical data, Bitcoin price has outpaced difficulty growth, and on a running monthly basis, Bitcoin price is about 5% increase. Monthly difficulty is about a 3.14% increase," Jappa explained. “So really what needs to happen in the future is mining transactions need to pick up, miners are making more from fees or we have a million dollar Bitcoin price rate. But the next 12 years to me are super clear.”
Source : The Street
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