Will The Halving Bankrupt Bitcoin Miners?

On April 19th the Bitcoin network conducted a halving event whereby block rewards for Bitcoin miners was cut in half. All else equal Bitcoin miners would have had their revenue cut in half overnight. Yet surprisingly, Bitcoin miners experienced an unexpected surge in revenue post-halving as transaction fees skyrocketed. So what's going on?



#Wallstreetmillennial #bitcoin #bitcoinmining

––––––––––––––––––––––––––––––
Creative Commons — Attribution-ShareAlike 3.0 Unported — CC BY-SA 3.0
––––––––––––––––––––––––––––––

0:00 - 2:16 Intro
2:17 - 8:45 Bitcoin mining industry
8:46 - 15:37 Transaction fees
15:38 Outlook for miners

[bobrunrun]

Wall Street Millennial just lied to my face for money. Participation in Kalshi is not investing, it is gambling, and conflating the two with your audience for ad money is deceptive.
Credibility matters, especially when speaking on financial matters. I am so tired of grifters.

[evanthesquirrel]

Your sponsor is a straight up bookie. Please don't accept their money again

[anpeck]

I normally dont give a f about youtubers sponsors since its how you make your money but this has got to be one of the worst sponsorship ive seen in a while. The platform markets itself as an investing site, while their main focus is gambling on real world events. If you continue to take these people as your sponsor Im sure a large portion of your audience will be pissed.

[TiberianFiend]

People don't seem to understand how financial YouTube works. Financial YouTubers create videos on big scams to lure in viewers they can sell their smaller scams to for profit.

[Theguyinthefez]

The choice of sponsor is a bad look whichever way you cut it. I get YT people have to eat but a gambling website under the guise of a “marketplace”? Come on now.

[williamtimonen]

I hope you did some math on whether taking the sponsor was worth it beforehand… and if it was. Fair game.

[ktktktktktktkt]

"Since crypto traders will likely buy into scams and memes anyway, there's no harm in him creating a new one" So it's ok to scam people as long as everyone else is doing it. Makes sense.

[danielwilson]

I hope you understand why gambling companies pay so much much more than other sponsors. It’s because they’re destroying peoples lives by taking way more money than your typical e-commerce or subscription

[hospitable_ghost]

I can't stand when influencers just take sponsor money from whoever. I get that everyone's gotta work for a living, but advertising for a gambling sponsor is beyond the pale.

[tdub]

Bro... You're promoting a gambling Kalshi 👎

[jonbui]

Came to the comments and turns out everyone heard what I thought I heard

[guyincognito]

Will the Kalshi sponsorship halve Wall Street Millenial's subscriber count?

[Lololol]

Might as well just shoutout FTX in the next video sponsor!!! 🤣

[jeffsyphus]

I really dislike the gambling sponsor. Especially since it’s trying to seem like some kind of legitimate investment.

[ADJLfanatic]

Gambling addictions are pretty much as bad as drug addictions. And the platform has some of the dumbest things to bet on. I don't usually care about sponsors since everyone has to make their money somehow but this really left a bad taste in my mouth. Even getting a BetterHelp sponsorship would feel less sinful than betting and that's saying a lot.

[kidd]

He has no qualm having shady sponsors at all

[AlleyCat]

Bro warns us of the stupidity of betting on digital GIFs, proceeds to promote betting on Taylor Swift concerts. Can’t make this up.

[darkjudge]

Why does this channel make content attacking frauds and grifters yet 90% of the time runs spoken ads for frauds and grifters? Seriously, what the fuck?

[Ahfuric]

Bruh kalshi is something I’d expect him to make a video on

[feylezofriza]

I understand that a channel needs to eat. But please don't eat people