CryptoMediaClub
Monday, June 16, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Analysis

Power Law predicts Bitcoin block rewards to hit $5.5 million within 10 years

12.08.2024
A A
0
122
VIEWS
ShareShare

Bitcoin block rewards will likely evolve significantly over the coming decade, driven by substantial shifts in Bitcoin prices and fee changes. One popular model for projecting future prices is the Power Law, coined by Giovanni Santostasi. Based on this model, CryptoSlate has calculated the Bitcoin block reward over the next ten years.

The Power Law Model predicts Bitcoin trading within a set range, illustrated on the left of the table below by the upper and lower bound prices, with the regression fit aligning with a ‘fair price.’ The right-hand columns show the Bitcoin block reward based on these prices, considering future Bitcoin halvings.

Year Upper Bound Price ($) Fair Price ($) Lower Bound Price ($) Block Reward Upper ($) Block Reward Fair ($) Block Reward Lower ($)
2024 274,548 69,100 24,517 857,965 215,903 76,617
2025 379,955 100,805 35,767 1,187,362 315,017 111,772
2026 515,561 143,725 50,995 1,611,130 449,143 159,362
2027 684,305 199,734 70,868 2,138,456 624,170 221,464
2028 897,270 273,663 97,099 1,401,985 427,598 151,718
2029 1,163,524 370,148 131,333 1,818,008 578,357 205,209
2030 1,491,596 494,028 175,287 2,330,620 771,920 273,887
2031 1,884,046 648,109 229,958 2,943,823 1,012,671 359,310
2032 2,369,328 845,919 300,143 3,702,076 1,321,749 468,974
2033 2,901,380 1,070,486 379,822 4,533,406 1,672,634 593,473
2034 3,579,973 1,366,669 484,912 5,593,709 2,135,421 757,676

Note that these figures do not account for fees paid to miners or changes in either the hash rate or Bitcoin difficulty. An increase or decrease in fees would directly alter the overall block reward, whereas changes in the hash rate and difficulty will make it harder or easier to mine Bitcoin, affecting the cost to mine Bitcoin.

The projections indicate a steady rise in the potential price of Bitcoin, with the upper bound price expected to increase from $274,548 in 2024 to $3,579,973 by 2034. Based on these price estimates, the corresponding block rewards suggest that miners could see their potential rewards at the upper bound price grow from approximately $857,965 in 2024 to $5,593,709 by 2034. However, the fair and lower bound prices, which provide more conservative estimates, show a different picture, with fair price block rewards starting at $215,903 in 2024 and increasing to $2,135,421 by 2034, and lower bound price rewards growing from $76,617 to $757,676 over the same period.

These projections stress the importance of efficiency and cost management for miners. For example, after the next halving in 2028, Bitcoin rewards could fall lower than they are today. As the block reward is halved approximately every four years, the reliance on transaction fees is likely to grow, making the network’s transaction activity a critical factor in maintaining profitability. Moreover, miners may face thinner margins if the hash rate increases without a corresponding rise in Bitcoin prices, highlighting the need for constant adaptation to the network’s evolving conditions.

The anticipated increase in Bitcoin prices suggests a potential for higher returns, but this is tempered by the risks associated with increased difficulty and the possible reduction in block rewards after halving events. Miners who can innovate and adapt to these changes by using more energy-efficient hardware or diversifying revenue streams may be better positioned to thrive in this evolving landscape. The long-term outlook indicates that while rewards per block may grow in absolute fiat terms, the path to these rewards will likely become more challenging, requiring miners to optimize their operations continuously.

As of press time, the Bitcoin reward per block is 3.125 BTC, which equates to around $183,437. Should Bitcoin follow the Power Law Model through to 2034, the reward could increase by 2,905% to reach as high as $5,593,709. With transaction fees included, Bitcoin mining in 10 years could be highly lucrative if managed efficiently. With roughly 144 Bitcoin blocks produced daily, this would equate to roughly $792 million worth of Bitcoin per day and $5.5 billion per week.

The post Power Law predicts Bitcoin block rewards to hit $5.5 million within 10 years appeared first on CryptoSlate.

Share9Tweet6ShareSharePin2

Related Posts

Investors price Metaplanet’s 10k Bitcoin holdings at $759k each as stock hits ¥1 trillion
Analysis

Investors price Metaplanet’s 10k Bitcoin holdings at $759k each as stock hits ¥1 trillion

16.06.2025
0

Japanese investment firm Metaplanet has reached its short-term goal of acquiring 10,000 Bitcoin, following a recent purchase of 1,112 BTC...

Read moreDetails
Bitcoin surges past $107k as crypto market defies global unrest over Israel-Iran tensions

Bitcoin surges past $107k as crypto market defies global unrest over Israel-Iran tensions

16.06.2025
Solana AI project Kled team wallets dumps $800k tokens after promising a $500k buyback plan

Solana AI project Kled team wallets dumps $800k tokens after promising a $500k buyback plan

16.06.2025
Ethereum ETF inflows reach second-highest level in 2025 as ETH’s market confidence climbs

Ethereum ETF inflows reach second-highest level in 2025 as ETH’s market confidence climbs

12.06.2025
70% of $1B Plasma deposits held by top 100 wallets, showing concentrated interest in XPL sale

70% of $1B Plasma deposits held by top 100 wallets, showing concentrated interest in XPL sale

12.06.2025
Load More
Next Post
How different Bitcoin Fear & Greed indexes calculate market sentiment

How different Bitcoin Fear & Greed indexes calculate market sentiment

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Solana Price Forecast: Development Activity Soars by 11% – Is SOL Heading for $300? 

Solana Price Forecast: Development Activity Soars by 11% – Is SOL Heading for $300? 

8 months ago
Enterprises should seek partners and solutions during the crypto winter: Paxos report

Enterprises should seek partners and solutions during the crypto winter: Paxos report

2 years ago
Circle CEO warns of active and accelerating de-dollarization

Circle CEO warns of active and accelerating de-dollarization

2 years ago
Popcat Price Hits New All-Time High – $10 Possible? 

Popcat Price Hits New All-Time High – $10 Possible? 

8 months ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

HYPE Explodes 10% to New All-Time High Above $44 – Is This the Top?

Bitcoin Whales and Retail Investors: Powerful Signal as Holding Reaches New Lows

Bitcoin surges past $107k as crypto market defies global unrest over Israel-Iran tensions

Vietnam Introduces Legal Regulation of Digital Assets

Bitcoin Funds Top $1.3B in Inflows, Ethereum Hits 4-Month High Amid $13.2B YTD Surge

Solana AI project Kled team wallets dumps $800k tokens after promising a $500k buyback plan

Trending

Telegram Gets Its First Native DeFi Lending App With Affluent Launch
All news

Telegram Gets Its First Native DeFi Lending App With Affluent Launch

16.06.2025
0

Affluent, a mini app built on The Open Network (TON), is bringing decentralized finance directly into Telegram’s...

Investors price Metaplanet’s 10k Bitcoin holdings at $759k each as stock hits ¥1 trillion

Investors price Metaplanet’s 10k Bitcoin holdings at $759k each as stock hits ¥1 trillion

16.06.2025
Shopify Launches USDC Cross-Border Payments in 34 Countries

Shopify Launches USDC Cross-Border Payments in 34 Countries

16.06.2025
HYPE Explodes 10% to New All-Time High Above $44 – Is This the Top?

HYPE Explodes 10% to New All-Time High Above $44 – Is This the Top?

16.06.2025
Bitcoin Whales and Retail Investors: Powerful Signal as Holding Reaches New Lows

Bitcoin Whales and Retail Investors: Powerful Signal as Holding Reaches New Lows

16.06.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz