Will mining will ever stop ?

[OrlandoMagic]

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.

[1714826220]

1714826220

[1714826220]

1714826220

[1714826220]

1714826220

[dumplingsandsushi]

Satoshi Nakamoto created a really ingenius way to work out the whole mining thing.
Every time a block is mined, the next one becomes much more difficult.
It is based on an algorhythm that mathematically becomes much more complex.
since numbers are infinite, the difficulty can exponentially grow.
Currently, there actually isn't technology powerful enough to outpace that algorhythm.

What that means is that in order to reasonably mine btc, you would need a top end asics and join a mining pool that has tremendous hashpower.
but even with all of these mega mining pools, btc will not be finished mining for another estimated 50 years!
Newer blockchains like monero and the like are relatively "easier" but they too will become increasingly more difficult.

[beachbummer]

Satoshi Nakamoto created a really ingenius way to work out the whole mining thing.
Every time a block is mined, the next one becomes much more difficult.
It is based on an algorhythm that mathematically becomes much more complex.
since numbers are infinite, the difficulty can exponentially grow.
Currently, there actually isn't technology powerful enough to outpace that algorhythm.

What that means is that in order to reasonably mine btc, you would need a top end asics and join a mining pool that has tremendous hashpower.
but even with all of these mega mining pools, btc will not be finished mining for another estimated 50 years!
Newer blockchains like monero and the like are relatively "easier" but they too will become increasingly more difficult.

It is not true that the next block becomes automatically more difficult.

A simplified explanation is that there is a target time in order for a block to be mined. If the block is mined faster than the target time (either due to more hash power in the system or good luck), then the algorithm increases the difficulty which should result in increased time to mine the block. Conversely, if the block takes longer to mine, the difficulty is reduced thus allowing a higher chance for a block to be mined.

[gabmen]

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.

Yeah unless you deny miners resources, which is pretty much impossibe, they will keep mining until the last satoshi is mined. And even then, they'd simply move on to another coin they believe would be worth their resources

[dumbtool45]

All miners hope that the mining will never stop, but we need to understand that there is nothing eternal. Good luck to all

[fzavertuk]

I think the mining of old coins also takes up too many resources. But everything is changing and POS is gaining momentum.

[BitSat]

As long as there are Cryptos to mine and people who have the capital, mining will always continue to exist. The mining fee might also be one of the factor that might contribute to stop mining. Electricity and other expenses must also be considered. I believe Cryptocurrency has not yet reached its peak because it is still a lot of potentials that can still be developed and constantly experiencing growth. And will make people believe that Crypto is the future of digital cash is best.

[Ania Alison]

The popularity of crypto currency is growing and growing, so you need to use it as long as you have the opportunity. And I do not think that there will be an end.

[kipozer]

No, I think that mining will stop some day, because bitcoin works today and works on mining and without mining it just can not, so this is my opinion. I think that mining will live, but the situations are different therefore everything depends on the situation on the market.

[Hardiksingh]

Mining will never stop because miners make good profit from it. However there can be changes in mining products.If mining stops,then bitcoin will also stop which seems impossible.

[Mr.Noda]

On an example with bitcoin, when its production is over, it will cost incredibly expensive. With respect to other coins, it is difficult to say.

[dgoswami12]

Definitely minning will stop for a particular currency after it  goes up to its maximum supply. But I think then another mineable currency will come. So the idea and process of minning will continue.

[loveinberlin]

I think that this will happen maybe but not now. with time, certain changes will take place but I am sure that mining process will bring benefits for most of us soon. I hope it will not disappear

[Leo]

Mining cannot stop as for now can't really say maybe in future it will stop,  but as for now mining will continue,  miners are making cool money from mining all sort of cryptocurrency so I don't think it can stop

[EZTips]

Mining will not be stopped as constantly it will be necessary to serve and transfer transactions of people. Someone these is obliged to be engaged constantly.

[titanautonomous]

The difficulties are always being adjusted, but projects like ours are offering alternative uses for the equipment. Infrastructure as a service is a working business model, we are here to make it better, check us out if you're interested!  https://www.titanautonomous.com/

[Samkol26]

Mining can't stop because the blockchain always need miners and more processing powers for transaction which to my knowledge is done by miners computers.

[Flamebellow]

Mining can't stop , because it is the way how crypto network works and stays secure . But there are many different consensus protocols , which are vital for any cryptocurrency , not only traditional proof-of-work , which allow people to utilize their hardware to mine some cryptocurrency . For example : proof-of-stake allows users to mine cryptocurrency too , but it do not require any special hardware to do it . Only software wallet and some amount of cryptocurrency is required to become a miner , so I think mining will never stop , it only change a form .

[Naznayka]

Crypto mining will end only when the miners cease to have an incentive to mine. This will happen as long as there are coins. When the coin reaches its limit, something new will appear.

[zhelis74]

Mining can't stop because the blockchain always need miners and more processing powers for transaction which to my knowledge is done by miners computers.

Yes, mining is always been a part for a blockchain system it serves as a processor for every blockchain transaction and there are more miners that are keep on mining to earn a coin and I think the more miners on the crypto world then transaction will be fast and at ease.