How Bitcoin Will Fail from December (followup to my original prediction in 2021). :)
With 50% of miners bankrupt... "Each [surviving] miner now has twice the traffic (400 clients) higher cost and a potential congestion bottleneck".
Hello, 50% of the miners are gone and the remainder aren't earning much. Wait until 2024, when available coins (and miner income) drop in half. 485k unconfirmed transactions is a decent network failure, double of any previous failure.
It's amazing that no "analysts" realize that 50% less physical layer might cause congestion. :)
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