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Podcast: CoinDesk Podcast Network
Episode: THE MINING POD: Is Bitcoin’s Mining Revenue Model Broken?
Description: Our guest, Cormint CEO James McAvity, makes the case that Bitcoin’s low transaction fees should raise concerns.Â
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Welcome back to The Mining Pod! Today, James McAvity, CEO of bitcoin miner Cormint, joins us to talk about a potential, looming existential crisis for Bitcoin: low transaction fee revenue. With transaction fees at only 2% of mining revenue, McAvity argues the curr...