Unruly by Design: Fee Volatility and Strategic Attacks in Bitcoin Mining
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We develop a model of aberrant behavior by Bitcoin miners and test it with a new 2017-2025 dataset. Miners rewards, comprised partly of user fees, exhibit variability across blocks of transactions. When large reward disparities exist between adjacent blocks, miners have incentives to attempt
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美国国家经济研究局创建时间：
2026-07-01
