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Author Topic: Will mining will ever stop ?  (Read 4815 times)
Revolvere
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August 05, 2018, 03:24:59 AM
 #601

Hello people, i'm new in the crypto worlds , i have two questions please i need logic answers .

1 - will mining will ever stop Huh?

2 - what will happens when the cryptocurrency reaches it limits ( example : bitcoin 21M , ETH .... , and other curriencies ) ? will they win money after the currencies reaches its limits ?

thank you !


Just like all Bitcoin has been mined out, the miner still has to keep running to accommodate the transaction.
At present, prizes are based on transactions, not bitcoin from newly born blocks or are still in the development stage.
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Even if you use Bitcoin through Tor, the way transactions are handled by the network makes anonymity difficult to achieve. Do not expect your transactions to be anonymous unless you really know what you're doing.
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dedi joni
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August 05, 2018, 03:28:51 AM
 #602

Just like all Bitcoin has been mined out, the miner still has to keep running to accommodate the transaction.
At present, prizes are based on transactions, not bitcoin from newly born blocks or are still in the development stage.
Yes, when the bitcoin has been completed and cannot be mined for more, then another alternative is to block other crypto continue to be developed. I think crypto mining will not be completed.
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August 05, 2018, 03:32:47 AM
 #603

Hello people, i'm new in the crypto worlds , i have two questions please i need logic answers .

1 - will mining will ever stop Huh?

2 - what will happens when the cryptocurrency reaches it limits ( example : bitcoin 21M , ETH .... , and other curriencies ) ? will they win money after the currencies reaches its limits ?

thank you !


Speaking of bitcoin, I think that after reaching the maximum limit, a few other coins will appear immediately.
This is closely related to bitcoin technology and will be mined. Because if it's not like that mining will stop, and that's not good.
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August 05, 2018, 03:35:26 AM
 #604

It seems that if everything has been mined, the mine will stop. But I cannot confirm what will happen if the mine is completed. This is still out of my mind. I hope there will be a positive impact if mining is completed.

leow
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August 05, 2018, 03:38:48 AM
 #605

I think that the mining of coins will not stop, as around the world are building huge mining farms for the production of hundreds of coins. Cryptocurrency is our future. This fact is already indisputable. And to talk about the limits of cryptocurrency, too, I do not see the point, no one knows when they will be, you can only guess and guess.
gucci belt
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August 05, 2018, 07:05:03 AM
 #606

Hello people, i'm new in the crypto worlds , i have two questions please i need logic answers .

1 - will mining will ever stop Huh?

2 - what will happens when the cryptocurrency reaches it limits ( example : bitcoin 21M , ETH .... , and other curriencies ) ? will they win money after the currencies reaches its limits ?

thank you !


No, it will never stop because there will be a reward for that. And when all is mined, mining will be used to process transactions but at that time who knows what will happen to Crypto.
dimb
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August 05, 2018, 07:12:25 AM
 #607

The number of people engaged in mining increases day by day. Accordingly, the complexity of earnings increases As the number of coins is limited. But in the near future, mining will not disappear.
Anubisi
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August 05, 2018, 07:16:23 AM
 #608

Mining will not stop for at least the next 30 years. The current mining stop is equal to the loss of circulation of coins, so perhaps bitcoin mining will always exist.
engesi
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August 05, 2018, 07:24:55 AM
 #609

In theory, the total amount of most coins is limited. For example, bitcoin is 21 million. Since the total amount is limited, as long as mining is always carried out, one day the coin will be fully mined. This is no doubt.
But mining does not stop, because we can see that many new coins that can be mined appear every day.

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Sri Asih
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August 05, 2018, 07:25:48 AM
 #610

Hello people, i'm new in the crypto worlds , i have two questions please i need logic answers .

1 - will mining will ever stop Huh?

2 - what will happens when the cryptocurrency reaches it limits ( example : bitcoin 21M , ETH .... , and other curriencies ) ? will they win money after the currencies reaches its limits ?

thank you !


For me, it will never stop because if it stops blocking the transaction.
Blockchain also develops every day, you cannot stop mining because if that happens, no more transactions will be processed.
ozgurk
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August 05, 2018, 07:30:54 AM
 #611

I hear last month bitcoin mining cost will 9000usd en of this year and if the price is star this level, some miners will stop their machines i think. Mining can be stop Sad

Sier86
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August 05, 2018, 09:14:56 AM
 #612

Mining will stop one day for sure, blockchain technology will keep improving and become more stable without mining needed,but this will happen not even in five years,may be in 10-15 years ,so dont worry about mining for now

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Jiucaige
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August 05, 2018, 09:41:27 AM
 #613

Mining will certainly not stop, it will only become more and more difficult to mine. How do you trade coins if mining stops? So mining is impossible to stop.
Master_Obi1
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August 05, 2018, 09:44:08 AM
 #614

Mining will not ever stop. Only when cryptocurrenct will die. Mining needed to support network. When reward of mining will be cheaper and cheaper - most miners stop it, and difficulty may move down.

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HansakaMadushan
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August 07, 2018, 04:50:48 PM
 #615

I figure mining will never stop insofar as there are any coins that could be mining and if the supply achieves the points of confinement, at that point we can move to another coin that will give us a benefit. I am certain that there are numerous coins that we can dig and the cost for each coin will increment and on the off chance that we are sparing a great deal of coin from mining, at that point I figure our benefit will be enormous. they will win the cash on the off chance that they can spare their coins and just hold up until the point that the cost builds high.
1978lover
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August 10, 2018, 02:42:55 PM
 #616

Even if all the bitcoins have been mined, the miners still have to keep running.
Pleemlio
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August 12, 2018, 10:16:52 AM
 #617

Great inquiry. For me, it will never stop on the grounds that in the event that it will stop no more individuals or digger will process our exchange, there are numerous exchanges ever second. Blockhain is developing ordinary, you can't quit mining in light of the fact that on the off chance that it will happen, no more exchange will be handled.
numbertech
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August 12, 2018, 10:24:10 AM
 #618

No mining will ever stop when cryptomoney is on top, because it is very profitable, when to be mined all the coins still need to do mining transactions. If certain coin inventory, say BTC or ETH all mined then the miners will benefit from the transaction costs paid by everyone. This could be a sign of an increase in the cost of certain coin transactions in the future as miners benefit from only the transactions and not the rewards they earn from the mining blocks. Cool
crimsongoth
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August 12, 2018, 11:03:28 AM
 #619

I think stop of the mining is impossible. Even if a cryptocurrency is over for mining,ç, new options will always emerge so mining business will never end.
panbirt
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August 12, 2018, 11:15:28 AM
 #620

Mining will not stop. As long as the encryption market is always running. Mining will not stop. The employee will also work all the time. The cryptocurrency begins with mining. There will be more and more coins in the encryption market for you to dig.
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