What is Bitcoin Mining and How to Mine It :: Bitcoin SV (BSV)

For miners to remain economically incentivised to continue to secure the Bitcoin blockchain as the static subsidy continues to get cut in half, bigger block sizes are required. These bigger blocks are needed to fit millions and eventually billions of transactions, each generating more transaction fee revenue for the miners to offset the lost revenue from the reducing static subsidy.

Unfortunately, the BTC network has kept the block size very small – just 1MB, which fits very few transactions. This will not provide miners with enough transaction fee revenue as the fixed subsidy continues to be cut in half.

Bitcoin SV restores Satoshi’s original vision. It uncaps the block size and makes data capacity unlimited; this means BSV can support blocks with huge numbers of transactions, which even with low transaction fees, can sustain mining profitability for years to come.