What does the acceleration of mining transaction fees mean (mining fee money)

What does the acceleration of mining transaction fees mean Simply understood, when the block height of the Bitcoin network exceeds 105000, the mining reward is automatically reduced from the current 0.01 BTC to 0.001 BTC; After halving, the block size on the Bitcoin blockchain will increase over time. Therefore, whenever more blocks appear and become larger, additional fees will be paid to users, resulting in the entire chain becoming increasingly congested and with higher transaction fees

Mining costs money

Mining is a very power consuming and labor-intensive task.

. But, you might as well take a look at other machines! Because they have their own abacus and there is no unified way to handle the hash value issue of their transactions. So when we use these equipment for mining, we need to pay some handling fees. For example, when you play games on a computer and play Bitcoin wallets, you need to pay a certain cost So, why pay so much? This is because if you want to purchase a mining machine (if it works), your hardware will be much more expensive than it is now This is not a very friendly thing for ordinary people, and may even cause you significant losses. But for those who want to invest in digital currencies, this situation is not surprising, just like before – even if their prices are high, there is no guarantee of stable returns. Therefore, in order to ensure network security and maintain system security, you must also bear corresponding risks. (Block Beats)