Bitcoin Forum
May 04, 2024, 11:39:22 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Bitcoin > Bitcoin Discussion > What happens when we have mined all the BTC
Pages: « 1 2 [3]  All
« previous topic next topic »
  Print  
Author Topic: What happens when we have mined all the BTC  (Read 1865 times)
el kaka22
Legendary
*
Offline Offline

Activity: 3514
Merit: 1162


www.Crypto.Games: Multiple coins, multiple games


View Profile
June 19, 2016, 10:27:17 AM
 #41
Quote from: XERES on February 26, 2016, 08:57:23 AM
as mentioned above, how will miners afford to support the network?

when all coins are mined out, miner still will be going to have a small amount for fee.
And I don't think that would happen very soon, I read an article once that stating all BTC would be mined in the year 2160. So, their earning from fee would be more than current ones as bitcoin price at that time might be huge.
█████████████████████████
███████▄▄▀▀███▀▀▄▄███████
█████▄▀███▄███▄███▀▄█████
█████▄█▄█▀▀███▀▀█▄█▄█████
████▀▀██▀███▀███▀██▀▀████
█████▄█████████████▄█████
████████▀███████▀████████
█████▀█████████████▀█████
████▄▄██▄██▄█▄██▄██▄▄████
█████▀█▀███▀▄████▀█▀█████
█████▀▄███▀███▀███▄▀█████
███████▀▀▄▄███▄▄▀▀███████
█████████████████████████		.
 CRYPTOGAMES 		.
 Catch the winning spirit! 
│█▄░▀███▌░▄
███▄░▀█░▐██▄
▀▀▀▀▀░░░▀▀▀▀▀
████▌░▐█████▀
████░░█████
███▌░▐███▀
███░░███
██▌░▐█▀
PROGRESSIVE
      JACKPOT      
│██░░▄▄
▀▀░░████▄
▄▄▄▄██▀░░▄▄
░░░▀▀█░░▀██▄
███▄░░▀▄░█▀▀
█████░░█░░▄▄█
█████░░██████
█████░░█░░▀▀█
LOW HOUSE
         EDGE         
│██▄
███░░░░░░░▄▄
█▀░░░░░░░████
█▄░░░░░░░░█▀
██▄░░░░░░▄█
███▄▄░░▄██▌
██████████
█████████▌
PREMIUM VIP
 MEMBERSHIP 
│
DICE   ROULETTE   BLACKJACK   KENO   MINESWEEPER   VIDEO POKER   PLINKO   SLOT   LOTTERY
Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
secone
Hero Member
*****
Offline Offline

Activity: 700
Merit: 501


View Profile
June 19, 2016, 04:32:40 PM
 #42
Quote from: XERES on February 26, 2016, 08:57:23 AM
as mentioned above, how will miners afford to support the network?


i think people who running the bitcoin Qt wallet full nodes, will help bitcoin network.
also miner will be interesting to collect bitcoin fee.
Pages: « 1 2 [3]  All
  Print  
Bitcoin Forum > Bitcoin > Bitcoin Discussion > What happens when we have mined all the BTC
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!