Dashjr Proposes Zero Bitcoin Subsidy for 30 Days

Luke Dashjr has proposed a temporary change to Bitcoin's block subsidy in an effort to challenge profit-driven miners and promote network decentralization.

The proposal would set the block subsidy to zero for approximately 30 days, leaving miners dependent on transaction fees. This would affect roughly 4,320 blocks and temporarily defer about 13,500 BTC of scheduled issuance.

The alternative option would extend the coinbase maturity period from 100 to 4,375 blocks, keeping the subsidy intact but delaying when miners can spend it. At Bitcoin's ten-minute target, this equals about 30 days.

Dashjr argues that a fee-only period could pressure miners with high electricity costs or heavy debt, while those with efficient infrastructure and lower expenses would gain a relative economic advantage.