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by tedunangst 1652 days ago
Yeah, my bad for being imprecise. The base fee is burned and you can pay a bribe for priority, but from a supply and demand perspective, does that affect miner supply? It's the same number of blocks and hashes and miners regardless of excess gas spent. I think it's more like you're not paying to play snake specifically, you're paying miners not to do what they were going to do anyway.
1 comments

How could it not affect miner supply? The block reward directly affects how much equipment miners buy for the future, and if it fluctuates enough it can also affect how loaded they keep their existing equipment.
I'm probably wrong.