Bitcoin Forum

What will happen if miners stop mining bitcoin? Will result in broken blockchain or any other problems to the network? I would like to buy some bitcoin for long-term investment and not plan to sell for years

If miners stop mining the network, than the security is degraded and the network would be susceptible to attacks such as the infamous %51 attack (http://www.coindesk.com/51-attacks-real-threat-bitcoin/).


Today with the interest in Bitcoin, there isn't much of a risk about worrying about this. Even when block rewards halve over time, the fees are suppose to account for miners incentives. This of course could be up for debate, but in theory from the inception of Bitcoin, there should always be a miners incentive.

Go ahead and buy for the longer term, keep them safe in a hardware wallet for years before selling them. Nothing will happen to the bitcoin network as miners will not stop mining as long as there is some incentive to them or being the fees when sending a bitcoin transaction. There will always be transaction fees as long as people will keep using bitcoins and by the calculation the last coin will be mined to make 21 mln coins available in the year 2140, which pretty sure we would all be dead by then so do not worry as nothing will happen, except that the price may skyrocket after those years and you be a rich man back then when you will sell your coins.

The whole system will collapse.

But that will not happen unless bitcoin's price drops down to 100$ or smth like that. As long as mining is profitable, people will be mining bitcoins.

You are so funny but make senses, lol

Yeah miners won't stop bitcoin mining at the earliest. Miners were the key factor for the successful growth and long time survival of bitcoin compared to other digital currencies. If by situation miners stop mining, some others will start mining.

No, that's not it. What you're describing is a scenario where a portion of the miners stop hashing which makes the network more susceptible to such attacks. What OP is describing is a scenario in which all(?) miners stop mining Bitcoin. This is a very unusual and improbable case in which Bitcoin would most likely be going towards its death. However, let's assume that all of the turn on machines and nobody turns new machines on (also unlikely) the Bitcoin network would just come to a halt. Transactions would just go into mempools but they would never end up being confirmed. If you understand how Bitcoin functions, then you'd know that it couldn't work in such a scenario.

People are very bad with probabilities. This reminds me of people who worry about private key collisions when it is more likely that a meteorite wipes out Earth.

A mining never end. After all, in order to function bitcoin network, ie, Mining committed to the transaction must always continue until the network lives. Because the blocks are wrapped in a transaction and stored in the database, where they are stored, and if mining ceases, it can no longer be transact, i.e. transfer coins to other people.

if the price getting lower even after halving happening the miners could possibly looking for another way to earn more profit rather than holding on bitcoin,just for example alt,but if they still see bitcoin profitable then why move,100$ will indeed make miners get away but even 300$ after halving will make miners thinking twice to continue the mining unless they got very cheap electricity

for bitcoin is still used, I think bitcoin prices will be higher in the near future. but I think bitcoin will be increasingly difficult to get, and if it happens, I think the price of bitcoin will start to fall in the near future after the bitcoin prices rise, and it will probably make bitcoin be no longer needed. but I think it will not happen

Ive worried at one time or another about every possibility that bitcoin could die for 1 reason or another but i think its pretty safe to say that miners wont leave. As long as theres profit to be made someone will be mining. Be that commercial miners mining dozens of coins a day or home miners mining a few satoshis each day.

the value of btc will be decrease. and many people will hoard of it

The movement of chain will stop.  Automatically all transaction will be unconfirmed.  The Bitcoin economy will be in chaos.  This will result to fear and the buy support will start to be pulled out.  And then one by one cpu will start mining it again but due to global low hashrate, this will be susceptible to double spending.  But then all those who are holding BTC will make sure this wont happen so they will start mining it by themselves and the domino effect follows.  Basically mining Bitcoin wont end even if all coins are mined.  This is one of the reason, personal interest and investment security.  So be calm and hold your BTC for as long you want.

I agree, many people are strongly interested in bitcoin. I personally will start mining again if all current miners stop their activity.

It's the way I interpreted the question. Nether mine nor your answer is incorrect.


Also im not sure I understand your second statement and how its applicable to what I wrote. Are you saying that there is a risk of this happening?

It's most likely that miners won't stop mining bitcoin but in case they do then the system will fail. Mining bitcoin keeps the bitcoin network working by approving the transactions which creates a stable, safe and secure network. Thus mining is the intregal part of the bitcoins.

Theory: if ALL miners stop mining, as explained by Lauda, there will not be new blocks added to the blockchain, all transactions would not be confirmed. Panic! Value of bitcoin: zero.

Reality: that would never happen. Even if all current miners stop mining, the difficulty would drop in max 2 weeks. Old miners with old equipment would start mining again because it would be profitable again.

Stop making useless posts.

If you want to look at it that way, yes.

What I mean is, people worry about things with very low probabilities that may or may not happen in the future. I've seen a few threads about collisions. Why worry about private key collisions when it is more likely that Earth would be destroyed by a meteorite? People are just very bad with probabilities (this is why they play lotto). The only scenario in which I see miners turning off pretty much all of their devices is one in which Bitcoin is already dying/dead (so it wouldn't even matter).

I think no one will do like that, no one will leave mining but only the small miners who will not earn good amount , there are a lot of other big miners who know well that mining is beneficial and they will not leave mining.

If miners stop mining then bitcoin will cease to exist 20 years from now. If there are no miners there will be big transactions problem such as major hacking incidents. Long term investment is a big problem not because of miners stop mining but more on the instability of bitcoins price demand on the market. If you will invest long term it needs daily monitoring as to avoid losses.

well if miners stopped mining bitcoins than bitcoin wouldnt basically exist in my opinion because there would be no people who would confirm all the transactions that are going through blockchain

though basically it is impossible because if less miners would mine bitcoins then the difficulty would be much smaller and more people with old pcs would mine in order to get easy profit

What do you mean? Why 20 years? Or 5? Or 1?
IF no one mines blocks, Bitcoin would stop functioning immediately, not in 20 years. But, as we said, that's impossible.

When the miners stop mining, transactions stop confirming, and blocks stop being solved. So in a nutshell, everything grinds to an immediate halt ;)

Verifying every transaction is main job of all the miners and if majority of miner leave than some of the big miner still exist by than can just temper/modify transaction and verified if they can own 51% of mining power.

But i am not seeing this happening even after centuries, and i am sure we will not be alive by that time, so just buy it and store how much years you like to store.

no more transactions, that is what would happen.
but chill, it wont happen...a 10 billion market doesnt crash from one day to another.

Yeah truly the confirmations really get stopped, this will stop the bitcoin acceptance among other users who already have hesitation to be a part of bitcoin. Possibly such a situation won't happen because when one stops mining, someone else starts mining.

If miners would stop mining bitcoin, then transactions wouldn't be processed and there wouldn't be any additional supply of bitcoins anymore, rather, bitcoin would just stop functioning.
It's really scary to think what will happen because bitcoin largely depends on miners.

Thanks for the clarification.

i think its price will go high because its supply will be very limited and lucky for those who has already has their own, they can sell it at high price

As long as there are a monetary incentive for people to do something, then they will do it... Bitcoin mining has been profitable enough for some people to invest millions into Bitcoin mining and I doubt

that any of them will pull out before they at least ROI or if they made a profit from it. The miners will take a beating after the Halving, but they will still be making some profit.. so I doubt that we would

see a gigantic exodus of miners after the halving.   ;)

if the minor stop mining the bitcoin price will fell down to a very low level.

no i dont think so. i think that the supply will minimize and the demand will increase so the price of bitcoin will increase instead of decrease. if you have any doubt just see the survey.

Bitcoin becomes very insecure if miners stop mining. Think of how easy a 51% attack would be to pull off.

However, I disagree with your assumption that miners will stop. And certainly that if Bitcoin dies it would be because miners stop. I would instead think that miners would only stop if something else already killed Bitcoin. Bitcoin is designed to always give miners an incentive to keep mining and secure the network. If miners don't have an incentive to mine, then Bitcoin has already failed.

Many mining pools don't pay out income from transaction fees and the whole thing is often glossed over. But mining income is newly minted coins PLUS fees from the transactions you include in the blocks you generate.

It won't happen. Zero chance. Here's why:

If mining becomes unprofitable, the hash rate will drop. This makes mining more profitable for those who want to jump in and start mining...and they will. Someone will always be ready to jump in and grab the mining fees and/or block rewards.

The only way mining would stop is if there's a global catastrophe. If that happens, mining BTC will be at the bottom of people's priorities.

But is mining actually profitable? I mean, if we consider the sum miners cost + electricity and some details that can break?

for me as i have observe and do the survey i can say that if the minor stop m ining any more the supply will disturbed and the demand will automatically increase therefore the price of bitcoin will also increase in future.

If understand what is bitcoin actually, then folks will never rise such questions.

Bitcoin is not a thing that discovered or find somewhere on mars or any planet.

Its an invention considering by all outcomes and possibilities.

And release to world for worlds convenience.

We just see one side of blockchain in form of currency, but it has several more advantages for better future.

As in world always new or innovative things are criticized. But Cryptography is really goldmine for human being.

as i have no experience of halving and mining so i am not understanding the reality of halving and mining. but i am hearing from my friends that if the minr stop mining then the price of bitcion will increase. and i think that is the reason that we can see the present increase in the price of bitcoin.

Yeah correct bitcoin will going down because can not supply the demand of all users and i think some users looking for other coin who are able to supply their demand and what coin is very stable than bitcoin. That is why we need to support the miners not to stop instead they need to continue mining and expand their mining farm

according to some people the price of bitcoin will increase may me more increase. because the demand will increase. while other thinks that it will have a very bad effect on the value of bitcoin. let see what happens

the reason is very simple. the minor will stop mining. the the bitcoin supply will decrease and therefore the demand will increase. so people will start buying bitcoin with a high rate which will increase the price of bitcoin.

minner stop mining bitcoin big effect is bitcoin,
transaction slowly, trust down, and bitcoin down down price,
and community bitcoin is price down trust down too, multiple effect accident is miner stop mining

maybe if the termination of mining bitcoin , bitcoin be very unsafe if indeed it happens . however , I do not agree with you , if mining stops. I think the miners would stop if something else had killed bitcoin . bitcoin miner is designed to always provide incentives , maintaining and securing the network mining . if miners do not provide assurance / incentives to I am , then I say bitcoin has failed .

miners its just a tools to dig some bitcoin but bitcoin itself is cryptocurrency that we can buy and sell, and if miners stop mining bitcoin, then bitcoin still continue because there are many bitcoin available on the market, so do not worry.

but what if people know because mining process stops, and the number of bitcoin will not increase, and with it people would think bitcoin prices continue to rise and eventually people will continue to hoard bitcoin without anyone willing to sell. If it continues to happen sustainable bitcoin will die. Just my opinion :)

In my opinion if miners stop mining Bitcoin the supply of the coins remains steady and the price would rise because of high demand and low on supply but the question comes thru my mind is Bitcoin is already millions circulating to the network,its impossible to drop it's price as others saying Bitcoin would die or failed. Just my opinion though.

More or less it's will happen with the supply... because the miners are the main bitcoin supplier.... and the price will rising with faster because bitcoin is become a rare things you can get....

now is good price , dont wait buy some bitcoins and dont sell

If miners stop mining bitcoin i think all trading site or mining site using bitcoin will close because if miners stop the supply of bitcoin become low coz many traders sell there bitcoin they have panic selling before bitcoin getting the price is low. That only base in my opinion.
 Bitcoin getting lost if miners stop mining.

First of all, hello to everybody :D . I am recently join the forum and I would say thanks to all for sharing information and experience.


In my personal opinion, The way out from this problem is that in the future, every person who have a Bitcoin must be the miner of itself.
I would like to explain what i mean: If everyone have the opportunity to be a miner, due to the technological progress which decrease the cost of mining, and due to a simplification of the interface that users should use to use the software (to confirm blocks), and work together into a big pool, and get paid for that, there isn't risk of crack for Bitcoin. Also the owners of Bitcoin would make stable the value of it.

I apologize if my English is not perfect.

You need to gain idea on Blockstream Satellite. There are few satellites launched to allow people who do not have any access to internet. Yet with the use Blockstream Satellite they can exchange bitcoins, which does not need the access to internet.

I hope this never happens. The miners are interested in BTC support, they make huge money ,so i dont see the reasons for them to quit right now. But i don't know what happens when will Lightening network will integrated...so , fees should reduce and the interest of miners possibly will be reduced.

after all what is the reason why they stop mining if the bitcoin price is as good as this? I think it will be difficult to happen. if they stop mining it means they miss a good chance. But if that happens, miners stop mining, then the outstanding bitcoin will become more expensive.

No transactions would be processed nor would any new cin be unlocked. It's pretty straight forward.

We would have a serious problem if miners switched to another cryptocurrency (which by the way is very unlike to happen). Bitcoin developers would be forced to change the algorithm to allow GPU mining or even switch to Proof of Stake which differs a lot from Proof of Work. Bitcoin is one of the most profitable cryptocurrencies to mine on ASICs. The biggest risk are hard forks which may take away huge amount of miners from the "legacy Bitcoin".

If for some reasons bitcoin mining will be halted. I think all of the transaction won't be processed. No one can withdraw thier money, invest, or transfer their funds.

Bitcoin Cash (BCH) is already significantly more profitable to mine than Bitcoin. Many miners are switching to Bitcoin Cash already and Bitcoin transaction times and mining fees are skyrocketing.

Bitcoin is slowly dying...

If miners stop mining the network, than the security is degraded and the network would be susceptible to attacks such as the infamous %51 attack   :o :o   :). But that will not happen unless bitcoin's price drops down to 100$ or smth like that. As long as mining is profitable, people will be mining bitcoins. :) :)

I hope not. I still have high hopes in bitcoin. If the problems in bitcoins won't be fixed, I guess it would mean end to it.

the possibility of bitcoin has run out of supply and this will be the trigger of the scarcity and overpriced bitcoin price, this will make the bitcoin more expensive and altcoin begin to grow trying to kill bitcoin.

yes, like you said we will be dead by year where bitcoin is stop mined. i know the price will to go to sky if the miners stop doing mining.
but just think about our child or maybe grandchild in that year who use bitcoin, i am just curious what bad thing will be happen if no mining anymore?

It will not happen, because we all know that mining of bitcoin is profitable but of course you need to have good mining rigs or hardware.
Then there are some users are now turn to mine other coin because they do not like the high mining fee of bitcoin or they do not afford to have mining hardware for bitcoin.

As you know, bitcoin is getting more and more popular, i believe that there are some people who failed, can detract it. So there have many people earning profits as well as failing from investing it. But most of people who invest btc, they all know that btc brings to them many chances to achieve benefits ,that’s one of the most attractive which make btc grow and exist. I think btc is really safe, no one will top mining btc. So don’t worry, if you see that it’s a big chance to invest btc for a long term ,you should choose it.

If the existing miners stop producing bitcoin, then there will be new miners who will do it instead of them. Bitcoin is the currency of consensus. And only the refusal of users can destroy it.

It is impossible to happen since bitcoin is creating new opportunities for miners to reach their dreams. Bitcoin would never end since if a miner stopped another miner will engage.

According to my understanding, it is always required to have miners involvement to confirm the transaction in blockchain technology. Only after some mathematical functions run by the miners, will create a block with the confirmation of transactions in that block. With the nature of the blockchain, there should be someone to confirm the transactions. That is miners do.

I think bitcoin will not run out not because of mining alone, bitcoin own ... own, well when miner stop mining, in this case BITCOIN out in mining

The selling value of bitcoin will drop dramatically, bitcoin prices continue to rise as more and more people are searching.
As with gold jewelry, as the gold price approaches suddenly rises but after the holiday and the crowd sells their jewelry the selling value of gold will go down. Something will be worth it when needed, as well as bitcoin, the more people who mine and look for bitcoin the higher the price.

Miners are the reason why our transactions are confirmed, my question here what if we reach the 21m Bitcoin supply? What will happen to our transactions since miners doesn't have anything to mine anymore? Are they going to keep mining to continue confirming each transaction even if they cannot mine any Bitcoin anymore?

 Miners will not stop as long they see an opportunity and potential.
As long there is a bitcoin demand miners will continue to build rigs.

In my own opinion, Miners is really affecting the circulation of the entire market because the percentage of miners who are contributing to the market is very high and mining is the first option to earn bitcoins.

I don't see any problem if they stop mining because this is eventually what will happen when the whole 21million is fully mined. But what is key is if the transactions are allowed to confirm when initiated the moment that is done, we are good and comfortable in my opinion but others could express more fear than this as to the important role miners play in the scheme of events as it relates to bitcoin and blocks confirmation or mining.

Market will be greatly affected if miners will stop mining because mining is the biggest way for the market to increase its supply in the market and if it will be remove then the circulation will be slower and might decrease the coins value.

With no miners we would have no network it would solve the high transaction fee problem. In all seriousness tho we need miners to continue the supply we are still a long way away from everything being mined.

It will make a huge impact in the market. Miners will only stop to mine if they think it is no longer profitable to them.  If that happens, the value of bitcoins will drop down gradually.

It is already happening now. A lot many of the miners have shifted to Bitcoin Cash, as it is more profitable to mine. And the results are there for everyone to see. Even now, the number of unconfirmed transactions is above the 200K mark and the minimum fee required for instant confirmation is remaining at close to 1,000 Sat/Byte levels (according to bitcoinfees.earn.com).

new miners will start mining. bitcoin uncentralization any one can buy Miners and start mining.

if all stop mining bitcoin will end and price will back to 0

Mining has become one of the best investments and even big companies started to invest in this field.
Also new equipements and hardware are being manufactured and sold just for the mining purpose which leaves no doubt that miners will not stop mining soon.
What we should fear more is the fact that mining is becoming more centralized because of big companies dominance.

If some miners stop bitcoin mining then it will be easier to do for others. Bitcoin chain is too difficult and long yet. But it wouldn’t stop to create new blocks. So don’t worry about Bitcoins and its miners.

If that happens then our transaction through bitcoin will not be processed or will not be confirmed. Miners are the one responsible in confirming those transactions.

Bitcoin miners are paid with a combination of newly issued units of currency and the transaction fees for the transactions the miner includes in the block. The system is designed to initially reward miners with a large amount of newly issued bitcoin, because it started when bitcoin was not worth very much relative to other forms of money. Every four years worth of blocks, the amount of newly issued bitcoin awarded to miners is cut by half. This is how the system guarantees that there will only be 21 million units of currency. Over time, the value of bitcoin goes up, and the system bootstraps itself, steadily shifting the mining incentive away from newly issued bitcoin and toward transaction fees.

Mining difficulty is adjusted totally differently. Every two weeks worth of blocks, mining difficulty is adjusted so that the average time between blocks remains at ten minutes. Difficulty is adjusted either up or down as needed, with limits on how large the change can be. This means that there will always be miners, because as difficulty rises some may drop out, but then when difficulty drops new miners come in. This has resulted in an incredibly strong bitcoin mining ecosystem where competition drives the development of more and more efficient ways of mining bitcoin with as little power as possible. This bitcoin mining ecosystem has been running nonstop since the first block was mined in 2009, and there is no reason to expect it ever to stop.

If bitcoin stop mining it will definitely increase it's price because the want will increase and the way if having  it will increase

Let's say we lost 75% of all hash power.

That means instead of 10 minute block times we have 40 minute block times. Instead of a 2 week difficulty retarget interval we have at worst 8 weeks. After the difficulty retarget we get back to normal.

8 weeks of temporary slow down is nothing compared to the 8 years that the bitcoin network has existed.

The thought might be this: no one is digging a mine and no one confirms the transaction, and the transaction is never confirmed and cannot be transferred?

I just want to analyze this scenario theoretically, so that I can have a deeper understanding of bitcoin.

There will be a lot of problems if this happens:

1) We will not see any new coins and thus supply will reduce. If there is sufficient demand, this will boost the prices by huge margin.

2) We may see a situation where people will start hoarding all the coins. Since they are aware that new coins are not coming in the market, they will not sell the coins they are holding.

This is not going to happen practically. This is because a lot of people have already made huge investment for setting up the mining equipment.

If ever the miners will stop mining, bitcoin will die. Miners confirm transactions by adding them to the block chain. Miners are one of the reason why the bitcoin is still alive. And if they stop, normal people will continue it like they will become the another miners to mine in bitcoin.

Although this kind of situation is unlikely to happen, but if all the miners have stopped mining, then the whole bitcoin network will not be normal operation to all of our bitcoin cannot normal turn in and turn off, so the bitcoin will lose its value.

First I want to say I am still very green and don’t know a lot but I still mine. That being said, my thinking of bitcoin and mining is what you stated. So makes me wonder, what will happen in 2,5,10 years from now when mining the coins will be very hard and limited. Will it always be profitible?

When it becomes non profitable people will stop. I use myself as the example. Today I just turned my s9’s back on because the price in back in the range that I can break even or make a little.

If we ever get to the point difficulty is too much, electricity is too much to be profitable what would happen to bitcoin? Would it simply die? How will transactions be made if most miners cannot make ends meet?

If we are the infrastructure of the system and can’t make a profit what happens to the system?

I read and see many articles that make statements like it’s not feasible to mine bitcoin anymore.. so if people are only buying and trading... how can they without miners?

There is so much that I don’t know or understand yet so just trying to shed a little bit of light on this.

The whole bitcoin or system will collapse and if the prize gets lower and lower then the users won't have an time to use it.

if ever miners will be stop i don't know what happen to bitcoin but instead bitcoin will stop for mining we can use other option like captha?and  for that btc will continue to get high .

If bitcoin ceases to be mined, then transactions within this blockchain price will cease to be processed. But do not worry, this most likely will never happen. Bitcoin has already won the trust of investors.

If miners stop mining, then bitcoin transaction speed will last forever i think.
Miners is doing transaction process, they record the transaction on the mined block.
So, if there is no miners, there won't be any transaction records i think.

If miners stop mining bitcoin it's mean we Will have a big problem with bitcoin transaction because miners are one of the important factors that make transaction easier but you should not worry about that when you want to buy bitcoin because I sure that is Will never happen.

I think its price will increase because its supply will be very limited and good luck for those who already own it, they can sell it at high prices.

Let’s not assume everyone stops mining, but let’s say the largest miners who have dedicated warehouses full of miners stop mining. This would cause the network to come to a screeching halt, no blocks would be found until the block difficulty readjusts. This happens every 2 weeks. Bitcoin’s mining algorithm is about guessing random numbers, and hoping you get lucky. The mining difficulty indicates the threshold of a valid magic number. Any number less than the given difficulty is a valid block. Any number larger than the given difficulty is considered an invalid block by Bitcoin’s mining algorithm.

If all large miners were to stop mining, the mining difficulty would decrease (the magic number that determines block validity would actually increase), which means miners can now find a number larger than when large miners were mining and have the block be valid.

if the blocks are not mined, these transactions would not resolve, the value being transferred would sit in limbo and the transactions would need to be cancelled. Value would not be lost, but no transactions could occur.

Then it would be a sad day for Bitcoin! There would be a lack of transaction verification. Essentially, Bitcoin wouldn’t work without miners.

Fortunately, anyone can mine. And while it might not be profitable or sustainable for some, it will be for others. It’s highly unlikely that everyone would stop mining Bitcoin, unless an alternative with value that exceeds Bitcoin should arise!

Happy mining, miners!

Bitcoin will be completely mine by 2140 and the only reward that would be left for miner is transaction fees which of course will be a better reward for them then because btc will be much worth and the transaction fee might be as better to not too high for the users as well .

if there is no miner, the bitcoin transaction will be disrupted. and will not be stable, the blockchain system will not work properly. even going to die.

but mining will not stop, because mining profits are huge. every difficulty they face makes their profits bigger.

Today with the concern for Bitcoin, there is not much risk of worrying about this. This of course could be for debate, but theoretically since the founding of Bitcoin, there should always be a mine promoter. Nothing will happen to bitcoin networks as miners will not stop mining as long as there is some motivation for them either to charge when sending a bitcoin transaction.

The whole bitcoin and crypto community will br down. But I think as long as miners getting enough profit on mining this would not be stop. Unless bitcoin continues to drop it's price, some miners will stop because they cant  get enough profit if that's happen. As long as there's a money in mining they wont stop of it.

Miners stop mining bitcoins?
Honestly i really don't think that is possible to happen, because mining are true profitable and if gonna be happen maybe it will collapse.

you should know that one of the miner functions is to keep the blockchain and store every transaction. then the miner also has a function to validate each transaction, so that the transaction can work well, and the miner is the main aspect that runs all the bitcoin protocols.

from my simple explanation, maybe you can think, what will happen if there is no miners?

What could stop the miners from mining this precious thing? Moreover, bitcoin longer becomes a rare item, will automatically make the price more expensive, especially if there is a good development related to legality. So I guess that's impossible. unless there's a bad thing that destroys cryptocurrency.

There is no such thing as stop mining. Big players invested heavily on hardware and cannot leave a business from night to morning, even if the price collapses. In case some will stop, there will be soon after new players coming in a market which is going to be always lucrative.

Even if the bonus reward is halved over time, the charges are assumed to account for the mine preferences. Let's continue and buy for longer, keeping them safe in their hard-earned wallet for many years before selling them. There will always be transaction fees as long as people will continue to use bitcoin and calculate the last penny to be exploited to earn 21 million dollars available in 2140, which we will surely die first beforehand. Worried that nothing will happen, except that the price may skyrocket after those years and you become a rich person then you will sell your money.

I think its not possible that all miners will stop to mine Bitcoin, the difficulty will decrease and someone will continue to support network even with one graphic cart or ASIC.

Miners never Stop Mining bitcoins because more and more peoples are taking interest in bitcoins and there is no possibilities of they can stop, this thing is possible when bitcoin price will be 100$ to 200$ but now this thing happen only in dreams also bitcoin transaction fees giving miners profits so u can buy bitcoins and hold in hardware wallet like ledger not in exchanges for long times.

There is a possibility that the miners stop mining bitcoin if the demand of bitcoin declines over a period of time there is a domino effect  from the end users to miners regarding to the supply and demand of the bitcoin and besides the transaction will be halted as there were no miners to validate the transaction of the blockchain. The bottom line is it all depends to the supply and demand.

In this case, price of Bitcoin will increase a lot. There are 4 million Bitcoins that have not been mined yet, and this number is going down day by day, but it is still not finished. Stopping the mining, something like the supply is over and it can absolutely affect price.

The miner is the most important element of this wheel that processes. Everything gets worse without miners.

Nothing will happen to bitcoin networks as miners will not stop mining as long as there is some motivation for them either to charge when sending a bitcoin transaction. The exploit never ends. Because blocks are packaged in a transaction and stored in the database where they are stored, and if the exploit is no longer valid, it can no longer be trafficked. other.

The consequences of stopping mining are catastrophic. No one will be provided with transactions, they will hang, users will not be able to use cryptocurrency, and because of its uselessness as a means of payment nobody will need it. In fact, it does not look so scary

It will be the end of bitcoin at all. However, it is not possible because it is profitable. So simple logic in my opinion

If the miners stop mining the BTC, the BTC's network will become congested and even die. At that time, the price of BTC may drop sharply.

I could only tell you that investing in long term is very good idea cause nowadays we here that many countries are thinking about making crypto legal and free to use and if it will happen in future price will go to the moon so investing now for long years could be one of your best decisions ever.

If the miners stop their work, then the entire system will stop at the same time. It will not be possible to make any transactions. And this will lead to the fact that the bitcoin system will cease to exist. Therefore, we are all very dependent on miners in this sense.

Well it will be a free fall for btc i suppose and not only for bitcoin but the entire market would likely feel it's effect and will take time if ever it can recover. Though i don't see that happening so don't worry.

I can say with 99.99% confidence that miners will not stop bitcoin mining. because it is not profitable for them they bought the equipment, which should pay off and make a profit. As for your addition, you can safely buy 1 bitcoin and store it on a hard wallet and not worry

At the current price of Bitcoin, that is not possible
Any altcoin otherwise Mining will be considered destroyed! Without confirmation, every transaction will not confirm!

This is a hypothetical question but will not happen because of a number of factors:

1) Mining is distributed over the world and there are not selective people controlling this. So even if some people stop mining, others will continue.

2) There are companies who have already invested huge money on set up for mining. Now, if they stop mining, they will be in huge loss.

it can result of having a demand on bitcoin because miners will stop to mined these cryptos.Shortage for digital currencies may encounter because even miners has all the equipment to mined bitcoins but they still felt that it wasnt profitable enough for them.Im quite sure that if this will happen,people will surely seek solutions to address this problem in near future.

Theres more than enough bitcoin in circulation so nothing to be worry if miners stopped mining bitcoins...

Besides there are many alternative coins that may replace bitcoin if ever this will be done,but for me the price of this coin will become higher because of the demand people may have if does.

If this happens someday, then bitcoin will disappear, because there will not be anyone to confirm the transactions and bitcoin will eventually become useless to anyone. This is my opinion and I can be wrong.

For bitcoin is still used, I think bitcoin prices will be higher in the near future. But I think bitcoin will be increasingly difficult to get, and if it happens, I think the price of bitcoin will start to fall in the near future after the bitcoin prices rise.

If every miners stop mining, i will mining bitcoins, becouse i will be rich ;)
I think its impossible... Low miners, more profit, so miners will be in our live forever

Is like in the online games, when everyone logged out from it, all the game disappear. This is what I'm thinking about how cryptocurrency transactions work.
So if all the people stop mining bitcoin all the transactions will fall with.

Mining will not stop till the miners are being rewarded sufficiently.  People will have to pay in  their own interest too.  Because if the miners do not get their payments; naturally nobody will be working in a loss.
And if they stop there will be a panic.  Transactions will stop uncleared.
So in the benefit of all the mining must go on without any stop.

In my view, if miners stop their mining of bitcoin then what will happen is the market situation will not be as busy and active as before. Crypto currency players who are accustomed to mining and quitting mining will have no great challenges. I am sure the motivation of miners in playing bitcoin will also go down. Usually every day they are challenged to get bitcoin in a certain amount then now the state is not there. This will be a shock for miners and they have to adapt to new circumstances. This is not an easy situation.

Practically speaking people who benefited will not do anything that will harm something they are up to. So why stop mining if you get something in return, or let's call it as an incentives. Bitcoin does not only benifit miners but at the same time, if someone already have a bitcoin, bitcoin can help in a lot of ways. It is lime earning without doing huge effort at the same time, investing in a small amount and get big in return.

For all intents and purposes individuals who profited won't do anything that will hurt something they are doing. So why quit mining on the off chance that you receive something consequently, or we should call it as an impetuses. Bitcoin does benifit diggers as well as in the meantime, in the event that somebody as of now have a bitcoin, bitcoin can help from various perspectives. It is lime acquiring without doing tremendous exertion in the meantime, putting resources into a little sum and receive huge consequently.

Bitcoin will not pereppanut get. I read the information about a month ago that according to specialists' calculations the last bitcoin will be mined in 2051. ;D

what will happen if the miners stop mining, the answer is easy, they don't get the bitcoin or another coin, hahaha, okay maybe nothing happened because of this, the bitcoin that already mined is still in the circulation right? so nothing happen

I think it would be worthwhile to buy another crypto currency, if for several years, much more promising.

There will be lower supply of bitcoin and the price will go up: law of supply and demand; but for sure those miner will never stop because they already buy those equipments that equipments are costly if they stop then they will surely sell their equipments and another one will start mining. Miner's will never stop mining till bitcoin reach its limit or its maximum count.

I thought them stop mining it already :b the more they keep mining the more time they wasting it.

Nothing is going to happens if the miners stop mining because now there are about 18 million bitcoins are there in the market if no body is mining means there will be little shortage in bitcoin means its demand can increase and its price will be going up.Bitcoin is a new form of economy with strong net work systems which can be operated world wide .Its features are found very attractive for the various usage and hence its popularity has wide spread world wide.

If that will happen, the transaction in the blockchain will be reduced, the confirmation will become slower. But I do not believe that mining will totally stop because it will not happen. If you are mining, there are rewards so it will not totally stop.

miner bitcoin probably will not stop to mine bitcoin for continuity of blockchain. then do not hesitate to invest in bitcoin.

If bitokoyn it will be more difficult to get, it, on the contrary, will rise in price. The sale absolutely precisely will not stop, while there is a chance to receive profit. People in general like to receive profit, and in case with bitkoynom it can be all significant))

Based on the teory, when all of miners in the blockchain stop to mine bitcoin, then the blockchain will be broken. Because there is no one who wanna confirm that transaction. But in my view, it is posibble someone stop to mine the bitcoin when the others still use it.

i guess the price of bitcoin will fall down seriously and I hope this will not happen

Oh it is a bad situation, the transaction will not be confirmed, the price will drop and bitcoin will dead. But i don't think that people will stop mining bitcoin because its price is going up year by year.

I believe it is very unlikely that miners might stop mining bitcoin at all. Not in this life ;)

If miners stop mining bitcoin, then their would be no blockchain confirmation and it will render the network useless. But miners will never stop, just as banks will never stop doing business with the public and other financial institutions. They know their gain.

If the existing miners stop producing bitcoin, then there will be new miners who will do it instead of them. the possibility of bitcoin has run out of supply and this will be the trigger of the scarcity and overpriced bitcoin price

  Hello !
 Theoretically, they could, yes ! But it’s not in there interest. When you mine Bitcoin, you create it for the Network, which means that you don’t have to pay for them. So, it’s a pretty sweet deal! And miners are part of the bitcoin community, they want it to prosper, so they will keep doing it.
 There’s a limited of bitcoins that can be mined (21 millions over the years), but until this number is reached, miners will mine.

bitcoin mining is so costly and in this bearish market miners are mining bitcoin bcz they know bitcoin is genuine.and after all bitcoin mined how btc will survived?ame now if miner not mine btc then another way will come.

Bitcoin is not a new coin and it will not stop being mined especially because its changing businesses and having a new look for cryptocurrencies. Buy and wait for like 3years and see it become a fortune.

If no once mines bitcoins, you will be unable to send your bitcoins anywhere. The Bitcoin network would turn into a zombie network, like some deserted altcoins are, you would probably be able to trade bitcoins on the exchanges, but you cut not send bitcoins to or from the exchanges.
I don't think the miners will stop mining bitcoins, and remember everyone can be a miner also you.
Sounds like a good plan, get some bitcoins next time we reaching the bottom and keep them for 10 years or more.

Interest Ask. However, it's hard to imagine ... so people lose interest. However, if this could theoretically happen, the price of bitcoin would fall very quickly ... at least I think so, although I'm unfortunately not an expert in this field

from the  deapest  of my  heart  i  hope that  it is not  going  to happen  and  if  happens i think  it  is  the  end of it also  in one word we can say it is an end for us also and definitely don t want to happen.

in my view, it's possible that someone stopped to mine bitcoin when others were still using it. Based on theory, when all the miners on the blockchain stopped mining bitcoin, the blockchain would be damaged. Because no one wants to confirm the transaction.

I do not think it would be lost if they stopped bitcoin mining because others bought a bitcoin in the market. if the miner was the bridge to increase the btc sure the market was out of stock because there was no supply for everyone investors in the BTC.

I dont think so, if miners will limit themselves to mine excessive Bitcoin I think there is more Bitcoin to be acquired by the people who work herr and I guess that will give us a better way of earning here whoch is different from what is happening nowadays here, the opportunities were getting lesser and they become very strict for the terms and conditions as well as for the people who may be involved to the bounty.

It is true that Bitcoin mining costs are now greater than actual market rate of Bitcoin. So bitcoin miners are in great loss. If miners stop mining Bitcoin, Its security will be in great trouble and bitcoin price will surely fall.

you have a lot of capital if you can invest in bitcoin you might be successful in the following year like my friend who has succeeded in the present who has invested in bitcoin in the past and now he gets the results and this needs to be emulated

If this would happen I will probably agree. We will need a way miner to keep doing their work. If 21 million is mined and maxed out, this should be the way we pay miners.

If miners stop mining then bitcoin will cease to exist 20 years from now. If there are no miners there will be big transactions problem such as major hacking incidents. Long term investment is a big problem not because of miners stop mining but more on the instability of bitcoins price demand on the market. If you will invest long term it needs daily monitoring as to avoid losses.

The movement of chain will stop.  Automatically all transaction will be unconfirmed.  The Bitcoin economy will be in chaos.  This will result to fear and the buy support will start to be pulled out.  And then one by one cpu will start mining it again but due to global low hashrate, this will be susceptible to double spending.  But then all those who are holding BTC will make sure this wont happen so they will start mining it by themselves and the domino effect follows.  Basically mining Bitcoin wont end even if all coins are mined.  This is one of the reason, personal interest and investment security.  So be calm and hold your BTC for as long you want.

If miners stop the mining of bitcoin, technically, the rate of unconfirmed transactions will increase.
The blockchain ecosystem will experience turbulence .
This will send negative signal to especially novice investors ..who will then start carrying rumours that bitcoin has scam exited.
Though i do not think , it will ever get to this stage where miners would stop mining.

Some mathematical functions run by miners, will create blocks with transaction confirmation on the block. With the nature of the Blockchain, there is someone to confirm the transaction and that can be done by the miner. 8)

Why will all miners do that ? If you had invested $10000 for the set up and hope to recover the cost in few years, will you stop mining after some time ?

I don't think that this is possible even in theory because bitcoin miners are having the profits during the process of mining, so actually they are earning money for that and who will stop earning money just for any purpose?

I don't think miners will stop mining and this is not going to happen as long as miner are receiving their transaction fees and i think there is no reason for not getting their transaction fees as long as there is huge demand of Bitcoin in the cryptocurrency market. You just keep on investing in Bitcoin and you will surely get big returns if you are doing it on regular basis and for a longer time period.

I think the value of bitcoin will go down slowly and the credibility itself. Mang investors will stop in investing on bitcoin because they know that they will not be successful anymore compare to their past investments. And I think other coins will be more credible in other countries and will have higher great price market value and will be given more projects by ICO companies.

That is in some way true but there will be time when the amount of bitcoin will be always the same (cause the number of bitcoin is not infinit). So for me it doesn't matter how many bitcoins will be on market cause there will be always possibilities to make transactions or ways to send coins to other person.

Miners stop mining bitcoin !!!
As long as people keep using bitcoins they will not stop mining. Mining will continue until all the Bitcoins are finished being created and when the miners stop mining transactions stop. So, Blockchain stop.

To say the truth miner will not stop the mining process. Hence we do not need worry about it. Please invest your maximum amount from pocket on bitcoin you will get the best returns than any time.

Until the last computer mine the bitcoin we will not stop from mining.

I don't think miner will stop mining the bitcoin. Because it is profitable and very easy to do. But if bitcoin keep dowing to the under 1K USD or less then I think miner will give up their hope from Bitcoin and they will stop mining. And bitcoin will be finished if every miner stops doing mine.

But I think that will not happen, you can go for buy bitcoin and keep them in a secure hardware wallet.

Miners will never stop mining
As long as it is profitable for them and I think it will remain so
Go ahead and buy as much as possible

There are about 17 to 18 million bitcoins are in the market so far it is mined and if the miners are going to stop mining further it means that the above 18 million bitcoins will be circulating in the market .But bitcoins demand will be increasing and its price can move up..Bitcoin can be useful in various ways of life to the human being world wide and it is found essential to the daily life.of the modern society.

If the miner stop mining bitcoin they have a lot of possibls to happen. But it is low percent to happen because even they have a lot of miner now leave bitcoin they have still mining and other investor will start mining and they don't have reason to stop mining to bitcoin.

We all know that bitcoin is a decentralised and independent crypto currency and moreover it is a currency which keeps on circulating between people so if miners stop mining the bitcoin then obviously its demand will increase and then in turn its valuation will increase but no doubt its keeps on circulating, it is like other Fiat currencies like in case of INR, it is mined by RBI and if they will stop mining INR obviously its demand will increase but still it will be keep in circulation.

if miners stop mining in bitcoin, bitcoin will experience a change in the crypto market the average transaction in the market will experience a shortage. and this will show the impact on prices, automatically prices start to crawl up. but miners cannot do this because miners also want to make money on bitcoin.

It's nearly impossible for this to ever happen.  Even if the price tanked there would always be die hard supporters and enthusiasts mining.  The network would still work fine with all these mega companies and their asic farms.  I don't think Satoshi envisioned the mining arms race would take off so quickly as he meant for it to be more decentralized with people mining from home.

The blockchain network transfer will be interrupted or delayed. The BTC network needs high computing power, so if there is no Internet, BTC will die.

very interesting topic for discussion! If the miners stop production? then I think the price will grow very much! now the miners very seriously controls the price, they are very influential in the crypt world! in any situation, this is relatively bad for the crypto market!

Good question but I think it is impossible for miners to stop mining for bitcoin because that is their main job to earn bitcoin.But if this happens, I think it will decrease their bitcoin earnings.

The assumption is bot valid only when the cost of mining is bigger than the benefit of mining. However, I do not think that will happened.

I don't think there will ever be a time when miners will stop mining cryptocurrencies. Miners get incentivized for mining cryptocurrencies and validating transactions so they won't stop. Plus, there is a whole lot of Bitcoins to be mined yet which will take a lot of time to do. As for your proposed investment, you can go ahead and invest in the Bitcoin. It will be the wisest and safest decision you ever made if you can hold your investment for the long term.

Well if they will stop mining bitcoin then we will start to mine on it. This is a very good business then why one should stop mining bitcoin? As we all know that bitcoin mining is one of the most formidable form of business here in cryptocurrency that after acquiring expensive mining equipment one could earn BTC relatively with good proportion on bitcoin being mine. I wish i could get a good mining equipment in the near future.

Without mining, there can be a good chance to increase the price of bitcoin and become more expensive because of limited supply for bitcoin. Many can find ways to invest more and start working with all effort to earn without any amount to put on it. Miners cannot stop to mine but the equipment to used for it can make more expensive to lessen the number of miners.

Low bitcoin prices make small miners lose money and face the risk of owning or selling themselves. The use of computer staging for continuous cashing can reduce the life expectancy as well as the sudden death of the components. Now Bitcoin plows are no longer profitable. Sure one thing, who plow, that person loses electricity.

A good topic to discuss. In my opinion, if this happens, the value of the BTC increases dramatically. Demand is increasing, but the supply will not be stable at the Crypto market. Not only the BTC but the remaining Altcoin also enjoy the benefits. The money market will become a fertile ground for investors around the world

I think if miners stop mining it is not problem because we can do projects in bounty may be it can increase our profit

You do not need to worry about this, it's almost impossible to happen today, as prices continue to go down but the rate of digging is constantly increasing showing great interest in the market and they still have. Be profitable, the potential of bitcoin is huge and you should buy and store in the long run

i think it is good to be forward thinking! however, there are already alot of companies that do mining specifically and i doubt that all of them will quit the game.

     I don't think that miners will stop mining if the miners stops mining Bitcoin that will be the failure of  Bitcoin  it will be insecure also . If bitcoin mining is stopped and the whole world is using the digital currency as primary exchange then it is possible for an increase in transaction fees since there will be more demand for transaction . Bitcoin survives in demand and supply since there is only 21 millions of Bitcoin created and cannot increase the supply naturally the transaction fees increases .

If miners will stop mining then it I think the bitcoin will eventually failed. But we don't need to worry about that because I believe they won't stop. 

It's impossible that the miners will stop mining bitcoin. If ever they will stop mining I don't think that bitcoin will fail, there will be a way for a resolution to the miners problem. But look on how this thread has been alive up to now and some really don't know what they are saying even though its their opinion.

If miners stop mining bitcoin, that will make imbalance to digital currencies. And we don't know what will happen to bitcoin if that happen. If you want to invest long term think well so that you will not regret. :)

There is no how miners will stop mining, that can only happen when bitcoin is finally dead. Miners are part and parcel of blockchain technology they are the oil that grease the system. What may happen is the sourcing of alternative energy supply to enable them do their work if the complain of the quantity of energy used from the public continues. may be there will be increase in mining fee.

In theory bitcoin will no more be a case because miners are mandatory not only for production new bitcoins but also to provide the transactions so bitcoin will die in that case.

The question should be, do miners wanted to stop? We all know that people loves to do something where they can get benifit. Just like in mining, you can earn with just waiting and not by exerting too much effort. Bitcoin is really powerful that if you started using it, you will love using it.

If stop digging Bitcoin, I think it will take a long time and find the coin scarce. So how can that not happen?

  Bitcoin is a digital decentralized electronic currency distributed  world wide without a third party that is the government takes no role in it . How can miners stop mining Bitcoin if it happens then there will not be any investors or buyers in Bitcoin community and that will be failure of Bitcoin .  There will be no transactions through Bitcoin blockchain  Bitcoin will become insecure when miners stop mining .  There are total 21 million of Bitcoin and already 16 million of Bitcoin have been mined .

So, scarcity of bitcoin will happen. And this scarcity will lead to lesser investors until no more will sell and of course will buy. Crypto currency will stop and disappear.

actually, I don't know about this but I think we only have bitcoin that already mined and the rest of bitcoin will stay in the block and never found. and besides that, I think this will make bitcoin to stop producing and maybe in that time, there will a way to continue the process so mining bitcoin will still exist. but I don't think that the miners will stop to mining bitcoin because at least, they can have bitcoin and they can sell the bitcoin to make money which can cover their electricity fee.

Positivism is important in everything we do. I totally understand this question and I know people worry a lot about Bitcoin. Many of them have lost their earnings. It is sad when you put your money in something and you lose it. Unfortunately, it is business. Now about your particular question, nothing will happen. I think if miners stop mining bitcoin, we can still use it in some transactions. There are many things we can do with a currency and Bitcoin as well. Too many possibilities with cryptos and the blockchain technology. People can still use it even if miners stop mining bitcoin.

The price is already not at its best, and not changing. for the price to drop it would make the situation way worse

It is very hard to think that miners stop Bitcoin mining at the earliest. A mining never end. If the miners stop mining Bitcoin then it will not be processed and our transactions will not be confirmed. Miners confirm the transactions by adding them to the block chain. I think, if there is no miners, there would not be any transaction record in future.

in my opinion the btc value will continue to decrease. and many people will store it up
no more transactions, that's what will happen.

It will not be soon and by then it is unknown what will happen to this network.The miners will receive a Commission from the transaction

Miners will continue to mine bitcoin till the end . I do not see them not mining bitcoin  because they are rewarded for work done

In my view, blocks would cease to be found and transactions would halt. Developers would probably create an emergency hard fork to change perhaps the Proof of Work or difficulty adjustment so that mining could restart. But I believer this can't happen at this point. There are few pools but there are a lot of individual miners across the world. Antpool alone has thousands of workers. If it shut down they will simply switch to other pool or mine solo

if miners stop mining for bitcoin it will certainly have an adverse impact on the continuity of bitcoin, but in my opinion that won't happen because bitcoin mining is very profitable, and I believe the value of bitcoin will continue to rise year by year

Despite what they say bitcoin mining and the rest of the cryptocurrency is unprofitable, my friend does not disable the farm and continues to mine! Since we all know that bitcoin is limited and in a couple of years it will cost a lot more.

Where miners to stop mining, the availability of bitcoins for all and sundry will greatly diminish and the price of bitcoin will be manipulated by the whales and forces that seek to profit greedily from such limited volume of bitcoin. It could be all wishy washy and unpredictable market prices.

My understanding is that as miners cease mining the difficulty level reduces
enabling new miners to enter the sphere.

And this is why mining will not get a chance to cease there will always be people
ready to start mining and earning rewards.

If miners stop mining bitcoin,  the demand of btcoin will overtake the supply of it......which in turn will bring about monopolistic tendencies in the crypto market,  as those who have the money will continue buying the available bitcoin and hoarding it..... then start selling at a high rate.

The already mined one will be the one in circulation which xan cause a lot of rise because they will be more demand since on the ones already created.

If, the miners stop mining activities, it can certainly result in the loss of several block chains, so that the stability/quality of bitcoin security tends to decrease. Don't be surprised if finally bitcoin is vulnerable to hacking. Maybe, this's the end of all bitcoin's popularity.

if the miners stop producing bitcoin, then the coin generally ceases to exist because the technology consists in the fact that due to the included computers and transactions are made

Scarcity will arise and the price of the cryptocurrency will definitely shoot up since they will br low supply and higher demand in the market.

The price of bitcoin will tend to zero because no new blocks were added to the block chain so it would be a currency with no sale movements, so the bitcoin would be just some nonsense codes. I doubt that happens but if something complicated happens.
 :o

I think that miners will never stop mining bitcoin. At least the big miners because they have invested too much money in it.

yups , it won't be possible because if one day there is a miner who stops on that day there is also a new miner who starts and if seen maybe almost more people are just starting mining.

Go ahead and by those coins and wait till the price is back but your question is what will happen if miners stop mining bitcoin? the whole system of bitcoin will collapse but that won't happen as long as bitcoin mining is profitable.
based on my own experience bitcoin mining is really profitable because last year until now I'm mining bitcoin, yes it not really too expensive but it can also pay half of my bills.

Many worries happen to bitcoin investors. Because the market is too chaotic

Nothing will happen and the transaction fee will be the reward for miners which I think is a very good one but am only worry of what the trx fee will be compare to the Bitcoin value they use to get and this might bring a high rate in fee but can't really say but that is my thoughts.

It looks extremely impossible that miners will stop mining Bitcoin because this is one of the most profitable passive income ever called Bitcoin mining especially when the electricity rates in your country is low you'll surely profit a lot with this method of earning Bitcoin. I can really feel that Bitcoin has even brighter future especially these days when more and more people are getting techie and technologically literate. ;D
I'm hoping that the electricity rates in our country go low, so I can start my mining dream too. 8)

Miners confirm transactions by adding them to the block chain. Miners are one of the reason why the bitcoin is still alive. And if they stop, normal people will continue it like they will become the another miners to mine in bitcoin.

If miners should say they aren't mining again then I see a decrease in the value or price of bitcoin though not all miners will say they wanted to stop mining at a single time, so if some should say they wanted to stop, definitely some will be and running mining.

But the profitability is what is the problem. From what I have heard, the miners are shutting down because mining BTC is becoming unprofitable for them and if this continue to happen then the system might collapse.

I guess if miners stop mining bitcoin, the 51% attack will be easy to do by some peoples or companies who have much ASIC.
The miners need to keep mining so the hashrate is keep decentralized, not centralized to some parties only.
buying bitcoin to hold for years is not a bad idea, it is a good investment planning.

If miners stop mining the bitcoin, than the security is going to be down and the network would be susceptible to attacks.

it should be made nown publicly that the existence of bitcoin is also a great responsibility on the shoulders of the miners as they need to process transactions to validate and form blocks in which ledgers are saved into. so if miners stop minning then the blockchain will have loads of shutdown farms and that will result in delay in transaction confirmations.

If today miners stop mining bitcoin, it will leave it susceptible to attacks especially the infamous 51% attack but it's very likely to happen as long as mining remains profitable.

I'm pretty sure that's not going to happen so you don't have to worry about it. Miners do this for a reason and that's because they get profit every month/year from mining bitcoin and this will not stop very soon since its a long way until 21 million bitcoins and the process of mining becomes harder every time a new block is created. Miners always are in profit because they adjust the fees depending on how hard the mining process gets so they don't have to worry about stop doing it since people also understand that and they are ready to pay for the necessary fees

First let understand what miner do. Miners create the blocks(batching the valid transactions) they add to the blockchain network. If everyone stops mining Bitcoin than there will be no one to verify the transaction and add blocks to the blockchain. So the block are still valid and the transactions function but since there is no verification we may not be sure valid transaction takes place.


There is no harm in doing long-term investments in bitcoin but there are still things to be remembered such as reviewing the market regularly to follow up the growth progression when there is a unexpected dip analyse the reason and determine the upward trend. Do trade on daily basis with minimum investment to make yourself updated.

Of course transactions on the Bitcoin network will be stagnant and the fees for the transactions issued will be even higher.

Cost of bitcoin mining is very expensive according to the current situation power consumption. If  Price of the bitcoin will increase over the $3500 in coming days then mining will not stop other wise miners will not mine to bitcoin because mining bitcoin will not recover the profit of the miners. Which will also effect the hash power to the bitcoin transaction across the world for the bitcoin.

Even though there is no lot of uncertainty for mining activities we are seeing in social media but at all miners stop their operations there will be new miners who enter the industry and mining is ongoing process

Many people fear mining will stop, bitcoin mining has many functions and will continue to generate costs. Bitcoin technology has been designed to be very fair for networks and mining, so it will not result in significant losses for mining. Mining costs will adjust power consumption and maintenance so that when bitcoin is mined there will be simpler technology to execute transaction confirmation, believe that the future will be more sophisticated and easy.

Because of high amount of income that they have gained, everybody start to mining and number of miner is so high than it has to be. Harsh conditions that we are all struggling may cause to a decrease on number of miners and it is not bad thing if does not exceed a considerable level.

On average now Miner dismissed because of income and also electricity usage which is not in accordance with the calculation. electricity expenditure every month is sometimes greater than the income caused by bitcoin which decreases in price

prices of all the cryptos have fallen too hard and i believe mining is not profitable anymore which results for most miners to quit on thier jobs  but i think there will always be an artificial miner or bots if ever human miners will all quit permanently  because we cant send or recieve our coins if there will be no miners available  .

the above situation can also become opposite . maybe no miners will quit all because they know that if they quit , the mining difficulty could loosen up for others  . i guess they dont want to sacrifies thier own position   because they also want to earn a profit  .

If the miners start with no quality foundation, there will be possibility for less profits. The quality rigs and all should be considered additionally we do need to focus on market trend before we enter in mining. They need to skip accordingly on basing the market trend that will eventually lead them to a stability.

If the existing miners stop producing bitcoin, then there will be new miners who will do it instead of them. the possibility of bitcoin has run out of supply and this will be the trigger of the scarcity and overpriced bitcoin price

there are 4 Million bitcoin that ready to mine, if the miners stop mining bitcoin, i think it will makes the bitcoin is hard to reach their max supply 21 Million, and i think it will decreasing the popularity because of this

Bitcoin will not decline in popularity even if the mining pool stops operating, try reading this study carefully that mining activities do not make bitcoin die (http://randomwalker.info/publications/mining_CCS.pdf) and it takes a long time to make the bitcoin network die.

- Indeed, miners will not stop mining bitcoin and other crypto because this is a very stable and long-term field, many people have a stable income regardless of market changes over time, and with such great points, there is no reason for miners to give up this place. However, if one day, miners suddenly stop mining and disappear from the market, that will be a sign to show that the disappearance of the market is approaching, we need to withdraw before the market goes down, without help and maintaining the stability of miners, this market is difficult to survive

maybe what will happen if there is no bitcoin miner can say there is no amount of bitcoin to sell and also for the bounty that is offered on each new coin, hopefully this prediction is not true, because mining bitcoin is enough useful for other bitcoin users.

I can't imagine that Bitcoin mining will be completely shut down. Even at prices of 1000$ there will be some mining, the only change will be the number of miners being active in the network. When Bitcoin was a few 100 dollar, there was also mining, only at a smaller scale.
Mining will always be dependant from BTC price and it's normal that unprofitable miners (too high electricity prices or outdated hardware) will shut down sometimes or pause operations.

Its obvious if this scenario will come true I do not buy bitcoin for my long term investment because possible bitcoin will die that's only my opinion but I know the new technology was not stop to continue improve their capability to access and fix all possible problem in the future.
The proof is lighting network is continue ongoing to develop their improvement including the blockchain technologies.

People that mine Bitcoin make the money on it. Why should they stop the business, which brings them such a great profit? They can simply go somewhere to the north, where mining is much more cheaper.

If miners stop mining bitcoin, i think our transaction confirmation become slower and maybe our transaction can not confirmed. Buying bitcoin is good option as long we keep it for long term, i am believe bitcoin will give big gain

To buy an equipment becomes more and more expencive and the income does not grow. Maybe using heat of mining equipment for heating of houses makes it cheaper in the colder regions, but it does not make it free. If you pay tens of thousands USD for equipment you need not just to have some income, but to get your investment back, right?

It must be acknowledged that the level of mining difficulties continues to increase so that mining is only dominated by large investors such as Bitmain, if miners stop mining, there will be a fixed stock while the demand increases so that the price of bitcoin rises dramatically.

That would be another fall of bitcoin. If they stop mining there will be lack of trading bitcoin and price would fall again, and again.

But lot of people will still buy of bitcoin lot of them are investors and traders but the supply gonna extend and the price will dump ofcourse because lack of investors that willing to bought bitcoins. But it's impossible to happen because miners earn daily for bitcoin mining.

Possibilities indeed will be dominated by large miners such as bitmain as they've got the large volume of coins being mine they've got the control over, and if this will continue for sure they will hold and let the value to rise more before they will sell it out.

Anyhow basically it's an important thing that will not be abandoned from time to time, it is like closely related to the existence of bitcoin and of course also many other efforts too that can affect it which are not only mining. For many years it can still be, even for now and for the future

As of today the circulating volume of bitcoin in the market is enough to sustain the needs of the people so for me theres no effect if ever the miners stop to mine bitcoin

And besides the more bitcoin has been mined is the harder it can be accumulated,so theres no really effect if time comes that they stop this mining activity