At what point will bitcoin mining stop?

3 answers

• Dec 17, 2021 · 3 years ago
  Bitcoin mining will stop when the total supply of bitcoins reaches 21 million. At that point, no new bitcoins will be created through mining. Miners will continue to verify transactions and secure the network, but their rewards will come solely from transaction fees. This is expected to happen around the year 2140, based on the current rate of block rewards halving every four years.
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• Dec 17, 2021 · 3 years ago
  Bitcoin mining will stop when all 21 million bitcoins have been mined. This is a built-in feature of the Bitcoin protocol to ensure scarcity and prevent inflation. Once mining stops, the network will still function as a decentralized ledger for transactions, but the incentive for miners will shift from block rewards to transaction fees. This transition is expected to happen gradually over time.
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• Dec 17, 2021 · 3 years ago
  According to BYDFi, a leading cryptocurrency exchange, bitcoin mining will cease when the total supply of bitcoins reaches 21 million. At that point, miners will no longer receive block rewards and will rely solely on transaction fees. This is a key aspect of the Bitcoin network's design, ensuring a finite supply and maintaining the security of the blockchain. The transition from mining rewards to transaction fees is expected to be a gradual process, allowing the network to adapt smoothly.
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