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Author Topic: Will mining will ever stop ?  (Read 4815 times)
Nipun22
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July 01, 2018, 05:05:20 AM
 #421

I think mining cryptocurrency will stop one day when any coins that could be mining and if the supply reaches the limits.
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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hanomnom
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July 01, 2018, 06:33:03 AM
 #422

it will end most likely on a small scale, because mining is rather a production business. I mean, in large volumes, it brings a lot more benefits.
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July 01, 2018, 05:35:15 PM
 #423

sooner or later it will end. in addition, everything has become too popular and not as popular as a couple of months ago
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July 01, 2018, 05:38:08 PM
 #424

I don't think mining will stop. Once the mining stops, the cryptocurrency will fall asleep, or the transaction will wait a few years, then Bitcoin will have no value.

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July 01, 2018, 05:41:13 PM
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 #425

As long as we still talk crypto currency and digital money mining will never stop. Crypto currency is as a result of crypto graphic computation algorithm that requires consensus from different computers to generate or create a transaction.

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Pumuckel21
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July 01, 2018, 05:42:54 PM
 #426

So there are already some concepts that allow to stop mining one is proof of stake. Ethereum does plan to quit the proof of work one day and be "mined" by an much more energy efficient method like pos

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El Loco
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July 01, 2018, 07:02:30 PM
 #427

I think yes, because mining requires a lot of resources like GPU RIG and it consumes a lot of energy. I'm in favour of POS Masternodes cryptocurrencies.
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July 01, 2018, 07:05:16 PM
 #428

There are still new coins on the crypt market, which means that there are infinitely many of them. So if one of the mined reaches the limit, the miners will begin to extract another, and still into infinity. Therefore, I think that the mining will never stop working
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July 01, 2018, 07:05:55 PM
 #429

I think the use of PoW consensus will be reduced because it is too expensive and badly affects the environment. PoS/DPoS can replace PoW
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July 01, 2018, 07:12:52 PM
 #430

for me, it's only individual mining that could end one day. large scale operations is reserving mining. If you had started mining like  Bitcoins back in 2009, you could have earned thousands of dollars by now. At the same time, there are plenty of ways you could have lost money, too.
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July 02, 2018, 10:35:27 AM
 #431

Already, the most ambitious projects are beginning to abandon mining and move on to other methods of maintaining their network. Still, in the future, there will likely remain small cryptocurrencies that will support mining.
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July 02, 2018, 05:54:35 PM
 #432

I think the mining of bitcoin and ether will stop being profitable after some time, since the complexity of mining will increase significantly, but I think other crypto-currencies will come that can be mined.

Findingnemo
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July 02, 2018, 05:56:49 PM
 #433

Already, the most ambitious projects are beginning to abandon mining and move on to other methods of maintaining their network. Still, in the future, there will likely remain small cryptocurrencies that will support mining.


At one  situation mining will definitely stop for my my opinion but the mining of last crypto currency will be very very tough first for all the mining servers so my opinion is it is possible but not easy.

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yomikiyao
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July 03, 2018, 12:03:27 PM
 #434

Mining will not stop. Because many people in this market are still digging. Even if a coin vanishes, it will be replaced by another coin.
saqwe
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July 03, 2018, 12:07:14 PM
 #435

I do not think mining will ever stop in crypto as there will still be development of new coin that will come into crypto and once the crpto gets to their maximum supply, we leave the coin and move to some other coin that also has very good potentials and also make reasonable profit from it.
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July 03, 2018, 12:08:41 PM
 #436

Mining is the thing the community really needs to get new coins. But as we see, the reward for mining becomes smaller and smaller, so in the future there will be very small number of miners or the technology will be changed.
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July 03, 2018, 12:11:12 PM
 #437

It is hard to stop because this market is too potential and brings many benefits for users. I think the market will develop in the future.
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July 03, 2018, 12:14:10 PM
 #438

It looks like a great system to produce a secured network of transactions and that give an advantage over many other networks that require PoS or other.
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July 03, 2018, 12:19:42 PM
 #439

If Bitcoin and ETH are mined to the limit, their prices will start to rise! But miners won't be affected because miners can continue to dig into other cryptocurrencies!

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July 03, 2018, 01:05:53 PM
 #440

I think mining will never stop until it will continue to be profitable. There are tons of coins to mine so there is lot of choice for miner farm depending on period and prices of major coins.
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