What would happen if bitcoin miners stop?

[ihsanskanzaone]

If bitcoin mining stops then bitcoin transaction process will take a long time because bitcoin transaction verification is done by bitcoin mining so if it stops at bitcoin transaction very much then transaction will be very long or can fail to be sent. So to support the success of the transaction many bitcoin users then this system is divided into thousands of computers to process bitcoin transactions.

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[Oasisman]

I heard that bitcoin is controlled by we users and miners,
so I wonder what would happen if all the bitcoin miners stop mining bitcoin?.

I'm curious to know what would happen to bitcoin.

This isnt going to happen but to answer this question, Bitcoin will fall and become worthless. Miners are the most important people in the world of Cryptocurrency. They are the one who runs every transactions fast and prevent double spending. Theyre keeping every transactions made in the blockchain. Thus,  I cant find any reasons why a miner would stop mining, when this is one of the most profitable way of earning money.

[webtricks]

I heard that bitcoin is controlled by we users and miners,
so I wonder what would happen if all the bitcoin miners stop mining bitcoin?.

I'm curious to know what would happen to bitcoin.

This is certainly not going to happen. Bitcoin mining is based on the concept of - Mining Paradox.
Suppose 10 people are mining Bitcoins and earning profits. Now seeing them 10 more enter. Earlier mining profit was distributed among 10 people and now 20. Suppose 10 more people enter, now mining become non-profitable as well as miners have to bare losses. As a result, several will leave mining. Now suppose 20 miners leave mining, once again mining will become profitable and new miners will enter. So this circle will continue but never drop to zero.

PS: Well, if something similar happens, I am ready with my small mining rig. When everyone else stop mining, I will start with it and become millionaire the very next day. 

But im still curious about what the relationship between these miners with the whole transaction of the blockchain.
i thought these miners only do an activity with the pools, and there are no relation with the transaction network

Not all miners work in pool. Pool refers to a group of miners who pool their resources and earn collective profits.
Else otherwise, miners have much to do with transaction network. Bitcoin ecosystem can't work without miners. They are in direct/positive correlation with Bitcoin. A moment mining stops, all pending btc transactions will come to neutral gear too.

[bitbunnny]

Don't bother with such scenario because it's not going to happen. There will always be miners mining Bitcoin until it's the final number of coins is reached.
In opposite scenario I guess Bitcoin will stop to exist because the whole Bitcoin system can't exist without miners, just like it can't exist without users. So, this actualy makes no sense. It's like you are asking what would happen if the Earth stops turning around.

[jam22]

We'll we don't know what will happen, but if it might happen that'll be bad.

[colonel_koval]

I heard that bitcoin is controlled by we users and miners,
so I wonder what would happen if all the bitcoin miners stop mining bitcoin?.

I'm curious to know what would happen to bitcoin.

haha they would lose the tons of profit they are making (while the hardware operates only) not mentioning all the money they dumped to buy the hardware. And we are taking here about facilities worth millions of dollars. So while we can toy with discussing such topics, it is like discussing the total impossibility.

[lighpulsar07]

I heard that bitcoin is controlled by we users and miners,
so I wonder what would happen if all the bitcoin miners stop mining bitcoin?.

I'm curious to know what would happen to bitcoin.

haha they would lose the tons of profit they are making (while the hardware operates only) not mentioning all the money they dumped to buy the hardware. And we are taking here about facilities worth millions of dollars. So while we can toy with discussing such topics, it is like discussing the total impossibility.

Indeed the miner has more to lose than us holders vecause miners are handling all of the expenses the electricity, maintenance of equipments, rent if you have a mining rig and lastly the salaries of workers. Although the miners have a choice to mine on bitcoins or switch on to the other cryptocurrencies but due mining reward the miners wouldn't let the opportunity slip intp their hands especially the block reward.

[ubay]

If the miners stop, then the blockchain system will encounter problems. Because bitcoin requires confirmation to blockchain about its activity, I can not imagine if the miners stopped.

[palle11]

I heard that bitcoin is controlled by we users and miners,
so I wonder what would happen if all the bitcoin miners stop mining bitcoin?.

I'm curious to know what would happen to bitcoin.

The scenario is that, that would breed confusion and chaos in the whole of crypto market because all altcoin would be affected, no transfer and no receiving. For instance, mere network problem  or network jamb due to too much transactions causes problems and restiveness, not to talk of total shut down of minning.

I mean, is more like a difficult scenario to envisage.

[Hobo66]

Thanks for your info about the stopping of bitcoin miners.
So I would say what if the government started to target the huge bitcoin mining farms stopping the process
of mining, do you think this could be the end of bitcoin?.

[nidacoinlove]

I heard that bitcoin is controlled by we users and miners,
so I wonder what would happen if all the bitcoin miners stop mining bitcoin?.

I'm curious to know what would happen to bitcoin.

You have heard wrong buddy. We the users have no role to control bitcoin, it is controlled by the miners. We only give them directiona to put our bitcoin from one place to another, like from one bitcoin address to another address. Bitcoin is purely in the control of miners. If they stop processing transaction and stop mining bitcoin we can't do anything else then just watch and see our transactions pending. Many of miners have already quit mining bitcoin therefore, we are paying the insane transaction fees and have to wait for hours for the confirmation.
If the remaining miners quit mining bitcoin, it will simply crash be of no use anymore. 

[tigan_gangmei]

Miners control Bitcoin transaction and release of new Bitcoins into the system. So if there are no Miners, that will be the end of Bitcoin,which will never happen.

[samuraijin]

I think it will never happen because if the mining will be stopped then there will be no new coins entering the exchange and no new transactions will be processed and will be more profitable for each individual miner

[helars2008]

Lets say we will come in to the situation stated above.
Then i am sure that it will be the end of bitcoin.
I am not saying that this might happen but if ever it does happen then all our works today will be for nothing.

[tinus42]

I heard that bitcoin is controlled by we users and miners,
so I wonder what would happen if all the bitcoin miners stop mining bitcoin?.

I'm curious to know what would happen to bitcoin.

I would start mining again with my USB Block Erupters and Antiminer U2's

[devcracker]

I heard that bitcoin is controlled by we users and miners,
so I wonder what would happen if all the bitcoin miners stop mining bitcoin?.

I'm curious to know what would happen to bitcoin.

Well, it's not gonna happen. The process is bitcoin mining is circular. So, it never stops. If some miners stop mining then the mining edge of other miners will increase thus increasing their profit ratio. So, here every second person is fighting for more and more money, and nobody wants to lose the race. And if uncertainly it would happen then bitcoin will crash within seconds resulting massive loss.

[sofi@]

If bitcoin miners stop I don't think it will greatly affects the market of bitcoin because so far majority or almost 90% of bitcoin supply is already in the circulation so the remaining for me is immaterial witg regards to the supply that we have now also just in case the supply isn't to cover the demand the pricing for bitcoin will only adjust and go higher which I think investors and all people will only love to hear.

[PizzaBTC]

Lets say we will come in to the situation stated above.
Then i am sure that it will be the end of bitcoin.
I am not saying that this might happen but if ever it does happen then all our works today will be for nothing.

I think this question is not valid. How you don’t know about the fact that if the manufacturers of some product or service comes to stop, what would happen with that survive, definitely that will be going to an end. Same will happen with bitcoin if it is so. If miners just started the work, bitcoin will be seizing in the market and everything related to them will be just jammed.

[moldseuler]

If ever bitcoin miners were to stop mining all together then the system will gradually fluctuate resulting to bitcoins downfall, but we should also note that that would probably never happen as miners are rewarded large amount of bitcoins for their work.

[potatochain]

If there were no miners to mine bitcoins, then no additional btc will be added to the community. This is unlikely as many are aiming to mine btc.