The Incentive Reversal: When US States Stop Subsidizing the Machines That Mine Bitcoin
Hype fades; structure remains. The welcome mat is being withdrawn. Multiple...
Miners
•
Maxtoshi
•
2026-08-05
#Incentive
Incentive related articles
Market Prices
BTC
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$687.1
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XRP Ledger
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Fear & Greed
63
Greed
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Event Calendar
202622
03
unlock
Optimism Unlock
Circulating supply increases by about 2%
28
03
unlock
Arbitrum Token Unlock
92 million ARB released
30
04
upgrade
Celestia Mainnet Upgrade
Improves data availability sampling efficiency
12
05
halving
BCH Halving
Block reward halving event
15
04
halving
Bitcoin Halving
Block reward reduced to 3.125 BTC
10
05
upgrade
Ethereum Pectra Upgrade
Raises validator limit and account abstraction
18
03
unlock
Sui Token Unlock
Team and early investor shares released
08
04
upgrade
Solana Firedancer
Independent validator client goes live on mainnet
Tag Cloud
Tools
All →Altseason Index
41
Bitcoin Season
BTC Dominance
Altseason
Gas Tracker
Ethereum
28 Gwei
BNB Chain
3 Gwei
Polygon
42 Gwei
Arbitrum
0.5 Gwei
Optimism
0.3 Gwei
Market Cap
All →
1
Bitcoin
BTC
$77,411.3
1
Ethereum
ETH
$2,396
1
Solana
SOL
$99.48
1
BNB Chain
BNB
$687.1
1
XRP Ledger
XRP
$1.34
1
Dogecoin
DOGE
$0.0815
1
Cardano
ADA
$0.1970
1
Avalanche
AVAX
$7.17
1
Polkadot
DOT
$0.8604
1
Chainlink
LINK
$11.15
🐋 Whale Tracker
🟢
0x54eb...6312
12m ago
In
1,149,043 USDC
🔴
0x6bd8...f0a7
5m ago
Out
482,871 USDC
🔵
0x8f8c...64a3
6h ago
Stake
157,322 USDC
💡 Smart Money
0x7f97...fa50
Institutional Custody
+$0.6M
71%
0x8d37...f192
Market Maker
+$0.6M
76%
0xf5f2...ee65
Institutional Custody
+$0.2M
77%