Bitcoin Forum
May 04, 2024, 09:08:57 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 [37] 38 39 40 41 42 43 44 45 »
  Print  
Author Topic: Will mining will ever stop ?  (Read 4815 times)
londawzen
Member
**
Offline Offline

Activity: 120
Merit: 10


View Profile
September 13, 2018, 06:21:43 AM
 #721

Mining is at the heart of blockchain technology and allows for decentralization.
This concept has proved its work. But most likely, in a couple of years we will see crypto evolve and be offered a real alternative that does not consume as many resources.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714813737
Hero Member
*
Offline Offline

Posts: 1714813737

View Profile Personal Message (Offline)

Ignore
1714813737
Reply with quote  #2

1714813737
Report to moderator
1714813737
Hero Member
*
Offline Offline

Posts: 1714813737

View Profile Personal Message (Offline)

Ignore
1714813737
Reply with quote  #2

1714813737
Report to moderator
1714813737
Hero Member
*
Offline Offline

Posts: 1714813737

View Profile Personal Message (Offline)

Ignore
1714813737
Reply with quote  #2

1714813737
Report to moderator
DavidY
Newbie
*
Offline Offline

Activity: 38
Merit: 0


View Profile
September 13, 2018, 06:32:36 AM
 #722

I think that as long as the mining is profitable, it will never stop. Of course, the mining profits are big and small. If the mining profit is very large, the mining will become very crazy. On the contrary, if the mining is unprofitable or profitable, Oh, then it might stop, it all depends on the profit.
Mr. Legendaris
Sr. Member
****
Offline Offline

Activity: 468
Merit: 250



View Profile
September 13, 2018, 06:46:33 AM
 #723

The level of difficulty of mining is always increasing, if prices continue to decline then miners do not get profit so they choose to stop rather than lose, I am sure that someday mining will stop and circulation of coins is from the market.


            █ █ █ █ █
         ██           ██
       ██     █ █ █ █   ██
     ██    ██        ██
   ██   ██               
  ██   ██     ████████                  ██████████
            ███          ██   █████████     ██      ██████  ██   ███████  ██    ███   ███████
 ██   ██    ███              ██      ███    ██      ██          ███       ██   ███  ██
 ██   ██    ███  ██████  ██  ██      ███    ██      ██      ██  ███       ██  ███   ██
            ███      ██  ██  ██      ███    ██      ██      ██  ███       ██████     ███████
 ██   ██    ███      ██  ██  ██      ███    ██      ██      ██  ███       ██  ██           ██
             ██      ██  ██  ██      ███    ██      ██      ██  ███       ██   ███         ██
 ██   ██      ███████    ██   █████████     ██      ██      ██   ███████  ██    ███  ███████
  ██   ██                           ███
   ██    ██          ██            ███
     ██    ██ █ █ █ █   ██
       ██             ██
          █ █ █ █ █ █
























Telegram     Facebook     Twitter     Medium
-
WEBSITEE |█| WHITEPAPER












erox
Full Member
***
Offline Offline

Activity: 308
Merit: 106



View Profile
September 13, 2018, 06:48:06 AM
 #724

No because the reduction of profit from mining takes part of the miners, while the complexity decreases which increases the profitability of mining. Ie at any price, mining will be profitable to someone)

NAVIBRATION  -  feel your way   |   The way of knowing the world, reinvented
▬▬   WHITEPAPER   :   ONE PAGER   ▶  WATCH INTRO
FACEBOOK   ●   TWITTER   ●   TELEGRAM   ●   LINKEDIN   ●   YOUTUBE
HighLine21
Newbie
*
Offline Offline

Activity: 154
Merit: 0


View Profile
September 13, 2018, 06:49:58 AM
 #725

I believe its not gonna happen.
BlueBerry412
Newbie
*
Offline Offline

Activity: 140
Merit: 0


View Profile
September 13, 2018, 06:50:48 AM
 #726

Government can stop the mining. Otherwise it won't stop.
Joannafarrell
Newbie
*
Offline Offline

Activity: 18
Merit: 0


View Profile
September 13, 2018, 06:56:25 AM
 #727

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.
darmin
Member
**
Offline Offline

Activity: 532
Merit: 10


View Profile
September 13, 2018, 07:45:05 AM
 #728

prizes in the mine are always deducted each time. This certainly will make the results of mine became less and less and much less if the want to have reached its limit. but certainly a lot of altcoins that can be mined and of course if one is reached in the course will continue popping up new ones and this will continue to be sustainable. so maybe mine will continue to happen but not on coins that have been great at the moment but on the new coin kept popping up.

[ ] ENTER BUTTON C h a i n  ❱❱❱❱ Main project is buying   &
▬▬▬ PAYBUTTON : Wallet App   |   selling luxury goods ❱❱❱❱
██ NFT DEFI ██   [ B U Y ]   ██ ◥ telegram ██ ◥ twitter ██
KimJonnan
Newbie
*
Offline Offline

Activity: 91
Merit: 0


View Profile
September 13, 2018, 07:47:54 AM
 #729

The current understanding of mining will never stop, and the mining stop represents the loss of circulation of coins. The loss of circulation of coins means that they are eliminated. This cash will be eliminated. The cryptocurrency will not be eliminated.
NIuok
Newbie
*
Offline Offline

Activity: 109
Merit: 0


View Profile
September 13, 2018, 07:51:55 AM
 #730

Mining can't be stopped, it won't stop, and mining can't be stopped if you want to maintain the operation of the entire network. When the BTC 21M was completely developed,. I believe that the price of BTC will surprise everyone.
shoujiuhaituo7
Jr. Member
*
Offline Offline

Activity: 210
Merit: 3


View Profile
September 13, 2018, 08:00:38 AM
 #731

I believe mining will never stop because the bitcoin network will die without miners.

Mining will never stop, as the larger bitcoin that the community has developed has become more and more valuable.
alizalela7
Newbie
*
Offline Offline

Activity: 182
Merit: 0


View Profile
September 13, 2018, 08:05:04 AM
 #732

At some time in the future the bitrate will be heavily exploited and mining will be reduced gradually because the amount of bitcoin has been dug many
BADBITCH
Jr. Member
*
Offline Offline

Activity: 532
Merit: 6


View Profile
September 13, 2018, 08:06:44 AM
 #733

I do not think mining will ever stop because yhetb will always be coins to be
And even there will always be the rich and lazy who will prefer to buy mining engines

Than actually invest real time
But still it depends on the coin to be minded and the supply
RandyMagnum
Sr. Member
****
Offline Offline

Activity: 662
Merit: 250



View Profile
September 13, 2018, 08:13:19 AM
 #734

I think proof-of-work consensys is the most reliable and time-tested nowdays, so the mining will exist as secure way to ensure reliable operation of the network.
kanayaTabitha
Sr. Member
****
Offline Offline

Activity: 980
Merit: 252


View Profile
September 13, 2018, 08:13:48 AM
 #735

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 !

1.mining bitcoin will stop when the total supply has been circulated, when everyone has their digital assets (bitcoin)

2.crypto is called a decentralized currency because there is no central controlling. and when the supply runs out according to market law the rarer the items that are in demand are more expensive.
martabaktelor
Member
**
Offline Offline

Activity: 574
Merit: 10


View Profile
September 13, 2018, 08:21:01 AM
 #736

Mining will continue to run and there are still many people who are mine. Mine still has a huge potential to get the token. We know that mine needs equipment that supports and the equipment cost is too expensive. But if we succeed and can continue collecting coins is certainly the results are also very much. And this is what interests people to do mining coin.
sinkfish
Jr. Member
*
Offline Offline

Activity: 252
Merit: 1


View Profile
September 13, 2018, 10:36:47 AM
 #737

as long as crypto is still trading. mining will keep continue. even its stop, probably way pass all BCT forumer are dead.
iancortis
Full Member
***
Offline Offline

Activity: 602
Merit: 105



View Profile
September 13, 2018, 02:14:23 PM
 #738

if mining is finish til the allocated amount reached. i think mining is still on their feet and be rewarded by staking not mining. they helping for a confirmations to confirms transactions and getting a fast and secured transactions.
Kawasakigp
Newbie
*
Offline Offline

Activity: 111
Merit: 0


View Profile
September 13, 2018, 02:55:02 PM
 #739

What do you mean mining will ever stop? Your bitcoin mining will stop only if you invested in site that can stand only in 20-30 days.there's a legit mining site like hashflare,minergate.
Nizmalea
Newbie
*
Offline Offline

Activity: 33
Merit: 0


View Profile
September 13, 2018, 02:56:40 PM
 #740

ETH will change to PoS in the near future and that might trigger a new wave of altcoins to join the already successful PoS v3 implementation.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 [37] 38 39 40 41 42 43 44 45 »
  Print  
 
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!