90% Monero Block Already Mined!

90% Monero Block Already Mined!

MoneroBlocks.info has recently revealed that 90% of Monero’s block reward have been mined. Moneropedia explained, “Miners need an incentive to mine. Because of the dynamic blocksize, competition between miners will cause fees to decrease. If mining is not profitable due to a high cost and low reward, miners lose their incentive and will stop mining, reducing the security of the network.”

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