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Author Topic: Will mining will ever stop ?  (Read 4815 times)
HashieNewb
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September 13, 2018, 03:00:01 PM
 #741

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.
Zcash also the others that made a bunch of money let mining have some progress before the network gets clogged.

 
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007_Oldy
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September 13, 2018, 03:01:11 PM
 #742

Mining when will stop - there each coin will grow madly in the price. We will see such a stir that I have never seen. Those coins that cost a cent will grow by 300% -500%. While the crypto currency will not become a luxury for the rich.
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September 13, 2018, 03:04:24 PM
 #743

In general, if you look globally, paying no attention to such giants as BTC or ETH, then mining will live, because there are protocols on which very many coins work, which need mining, I think that in general it will now be needed.
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September 13, 2018, 05:40:21 PM
 #744

I think actually in the enxt years we will reach the climax of mining. Actually there are so many miners. And they are even more ACIS and and asic producers. Its like a mining war. So many hashpower and so many electricity used for the cryptocurrency network.
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September 16, 2018, 10:46:48 AM
 #745

Mining is a never ending process. It will go far.
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September 16, 2018, 10:47:48 AM
 #746

Mining will never stop. The changed might be on the product.
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September 16, 2018, 10:48:30 AM
 #747

If the government interfere then it can be stopped.
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September 21, 2018, 12:59:29 PM
 #748

Everything will be stopped one day but I suppose that mining will be changed in its technology but it will be alive too, it is very nice and safe way to earn.

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September 21, 2018, 01:05:38 PM
 #749

When Bitcoin will reach it's limit we all will be dead Cheesy
And there are so many coins and tokens that people can mine, so don't be afraid, something will remain to your children.
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September 21, 2018, 01:05:48 PM
 #750

If we talk about bitcoin, then the extraction will definitely stop once, because its limited set, and if we talk about other coins, especially about Etherium, then it seems to me it will be extracted for a long time ...

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September 21, 2018, 01:08:53 PM
 #751

While there are protocols that work only due to mining, I think that the mining will not disappear, but as soon as the protocols disappear, the work of the miners will not be necessary, you understand that everything has a beginning and an end, the most important thing is to understand when to finish.
foxbitcoin
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September 21, 2018, 01:11:05 PM
 #752

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 !

Each type of token that can be mined has a limit value that can be mined. You can take a look at this RIPA project, which can mine mines with XPX tokens.
Bitsinmyhead
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September 21, 2018, 01:13:45 PM
 #753

The UN would have to ban mining for it to stop. Highly unlikely + then there would probably still be mining in North Korea and Cuba etc...

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Thesaintplague
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September 21, 2018, 01:17:03 PM
 #754

1. Proof-of-Work is not yet ready for death, cryptocurrency is not yet sufficiently developed to abandon this method, because mining will not stop in the near (and long too) future.

2. It's not gonna happen soon. Let's talk about Bitcoin. I think that at the moment when the last Bitcoin will be mined, it will have to cost about 1 billion dollars. This will greatly affect the demand = price. Bitcoin is a digital gold, which is much better than traditional gold. Due to the limited quantity, its value will be much higher.

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matico
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September 21, 2018, 01:21:58 PM
 #755

Mining of cryptocurrency enables the trustless nature of cryptocurrency and the irreversable of transaction made on different coin protocol! Mining is integra part of cryptocurrency.

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September 21, 2018, 01:22:34 PM
 #756

Mining is one area that is good enough to produce coins. You can get valuable coins there, but of course, he has a considerable risk and reliable skills are also needed. The equipment needed to participate in the program is also quite a lot.

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September 21, 2018, 01:24:22 PM
 #757

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- it will never stop.
2- it is possible when they reach the maximum limit, like your example bitcoin and ethereum
some cryptocurrency is still minable. not to mention, day by day.
a new crypto is getting introduce the community.
and some promised that there crypto is possible to be mined.
so i think mining for cryptocurrency will never stop.
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September 21, 2018, 01:28:05 PM
 #758

If there remain projects with the type of blockchain PoW, if in the future the situation does not change, then the mining will remain.

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September 21, 2018, 01:30:33 PM
 #759

If the government interfere then it can be stopped.
Even if the government interfere here in crypto world no one can stop crypto world as long there are internet and devices like laptop, computers and cellphone crypto will forever and everyone nothing can do but to join us.
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September 21, 2018, 01:51:20 PM
 #760

Mining is the first reason to make coins alive and transaction process takes place because of the miner, so if there is no miner on a coin, then the coin is the same as dead. Unlike a token that can ride to a coin, for example ERC-20 which is in line with the ethereum blockchain.
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