Will mining will ever stop ?

[Thewel]

I think the big possibility of mining will not stop, especially now that many have already turned to mining, and mining also there we can get more profit than we follow bounty.

[1713996857]

1713996857

[ngerok]

I think if Bitcoin has reached the total supply and supply is up, then the price of Bitcoin will be destroyed and will not have value

[Trimegistus]

I think if Bitcoin has reached the total supply and supply is up, then the price of Bitcoin will be destroyed and will not have value

Maybe, who knows? But we will all be dead by then...   

[akram143]

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

1 - will mining will ever stop ?

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 never stops because miners are important to confirm our transactions.If miners stopped then no transactions will occur and our transactions will be in pending forever.
2.If the coin reached maximum limit of it then miners will continue to run because we are paying the miners in the form of transacction fee.But don't worry the mining difficulty will change accodring to their blocks the last bitcoin will be mined in  the year of 2140.

[Eclipse2021]

I think mining cannot stop for now or in the near future. As long as coins will exist the mining system will be here laso. And without miners , who is gonna confirm your transaction ? you see ...we need miners for crypto to work properly.

[karmicpanther]

As long as there is a profitable coin that has a proof of work, mining will never stop and it will continue for generation.

[Raist]

Mining will not ever stop unless the use of cryptocurrencies stops, transactions in the crypto world are real because of these miners, without them, you would not have your bounty token or whatever you have that you gained from crypto. I do not claim perfect knowledge but we really need miners for our transactions, and that is why they are here.

Generally all this stuff is built on miners. Do not know how will it change during upcoming years but as everything in this world it will try to centrilize more and more. It can also happen that what was the bless for the crypto can become it's problem.

[13ex07]

even if all Bitcoins have been mined, miners still need to keep running to confirm transactions. This time, their rewards will be entirely based on transaction fees instead of bitcoin from newly formed blocks.

I completely agree with it

[jhonjhon]

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

1 - will mining will ever stop ?

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 !

If happens that they ave reaches the supply limit, of course they will go for another coins.
Actually mining still have to continue  for the reason that, it only be the way to continue the life cryptocurrency. Since a lot of coins created, it is not possible to stop from their job.

[niazzy]

interesting thing wil happen when ETHEREUM will go PoS
many gpu`s are mining ETHEREUM, there will be too much free hashpower spreading

[shuja]

If you have to knowledge and resources to mine any coin, one had rather choose to mine the coins than buy them. According to me, mining is a better way of making for money. So, mining won’t stop.
Reaching the coins limit is next to impossible, since people choose easier way of buying and selling coins. No one will keep hold of one coin forever.

[Monodont]

There will probably be new ways invented to secure transactions that don't rely on hardware or holding large quantities of the coin. Will such an alternative stop mining though? It would have to take the crypto world by storm.

[xiaohang07]

For bitcoin, it will never end. When all the bitcoin are mined, miners will solely mine transaction fees which could be huge if bitcoin can reach mainstream adoption.

[Texacha]

interesting thing wil happen when ETHEREUM will go PoS
many gpu`s are mining ETHEREUM, there will be too much free hashpower spreading

Yup, that day seem to be still far away 1year+ , but when it comes, it would be interesting to see. Probably in first few months most coins would be profitable to mine only for people with very low electricity cost.

[datento]

If minning stop then cryptocurency stop, because minning is what keep the transaction going.

[Trimegistus]

interesting thing wil happen when ETHEREUM will go PoS
many gpu`s are mining ETHEREUM, there will be too much free hashpower spreading

I'm looking forward to have a PoS wallet minting ETH and generating passive revenue like I'm doing now with other PoS coins.

Mining will never stop, not only because is at the core of the PoW mechanism but also because there will always be a profitable coin to mine at least for those with free electricity.

But the future will be PoS, no question about that!

[inyakizuryel]

I really hope so but dont rely too much on the mining. You may try to join bounty campaigns and from there you can earn more, i really dont prefer mining

[AltcoinAuthority]

I think It wont stop for next two years or more. However mining probably will be less profitable then now. I believe in words of Vitalik Buterin, only two years and no more.

It won't stop because mining Bitcoins and other altcoins is a mandatory thing for the blocks to keep going without blocking the whole network.

[siddartha1492]

In case you are talking about POW (proof of work) mining, then I guess it will become less popular in future, because of the amount of electricity it consumes. Most coins, including Ethereum are moving towards POS (Proof Of Stake). As for the Bitcoin, I think it will continue, till it can, because transactions will still need POW to get verified even after all the Bitcoins have been mined. Miners will then earn money in form of fees, and not new Bitcoins.

[Rkoshay]

I'm hoping it won't stop but looking at the new entries into crypto currency there are not that many that are mineable.  This is also true looking at the existing ones.  It's well over 10 non mineable coins to 1 mineable coin.  With that in mind it could become an issue, especially for those without the resources of the big miners to go after the coins.