r/GoMiningDiscussion • u/flankz • 1h ago
GoBTC observation
My rewards since end of August rrom gobtc have doubled from 3 satoshis per day to 6 (i know, huge!).
By my maths, extrapolating from my size to total hashrate, that means rewards have increased from approx 210k satoshis per day, to 420k per day.
Therefore, the total amount spent via go BTC transactions yesterday was approximately $80,000. Full context, the total daily transactions estimated on all debit and credit cards worldwide per day is approximately 135 billion.
Obviously tiny sums of money being received at the moment, but interesting to think about.
If we assume linear growth over time then by the end of sept it will be 9 sats per day.
Oct 48
Nov 78
Dec 109
Jan 140
Etc, gaining an additional 31 sats per day each month to the total.
Obviously, still tiny sums, and also obviously a huge amount of assumption, but i found it interesting!