Mining Subsidies Expected to Fall as Efficiency Improves

Swan Bitcoin's Stephan Livera predicts an end to the current era of mining subsidies in the crypto sector. As efficiency improves, Livera believes that subsidies will fall.

Livera has been tracking the cost of running a Bitcoin node and recently introduced a dashboard to monitor this metric. He emphasizes the importance of understanding how efficiently mining models evolve over time.

This comes as debate around network spam intensifies, with some arguing for measures to mitigate it. However, Livera previously stated that Bitcoin's monetary function makes it impossible to eliminate spam from the network entirely.