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Author Topic: What'll happen to Bitcoin in 2040 when no BTC reward for new block found?  (Read 722 times)
sgh858 (OP)
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May 08, 2013, 03:06:11 AM
 #1

Nob question:

No miner, no bitcoin. What'll happen to Bitcoin in 2040 when no BTC reward for new block found?

How the miner make money?

Birdy
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May 08, 2013, 03:22:24 AM
 #2

The miners also gain the transaction fees.
superkawaii
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May 08, 2013, 03:36:38 AM
 #3

The miners also gain the transaction fees.

lol i always wondered what that fee went towards and who gets it xD
Abdussamad
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May 08, 2013, 04:01:21 AM
 #4

It's 2140 not 2040
thepj
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May 08, 2013, 04:16:41 AM
 #5

The miners also gain the transaction fees.

You think it will still be profitable then for ASICS?
DannyHamilton
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May 08, 2013, 04:39:57 AM
 #6

The miners also gain the transaction fees.

You think it will still be profitable then for ASICS?

Yes.  It is designed to be.
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May 08, 2013, 04:45:44 AM
 #7

The miners also gain the transaction fees.

You think it will still be profitable then for ASICS?

Yes.  It is designed to be.

Yup, transaction fees should be sufficient however mining will likely be less profitable than with the reward though unfortunately.

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