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Author Topic: Will mining will ever stop ?  (Read 4815 times)
a123canz999888
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May 13, 2018, 01:17:06 PM
 #241

This is what Im still wonder, I hope there are more comments to compare
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popotao91
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May 18, 2018, 03:34:51 AM
 #242

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.
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May 18, 2018, 03:59:49 AM
 #243

Of course not, the day when mining will end.
I think miners can get block rewards from it.
thuthitao14
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May 18, 2018, 09:35:15 AM
 #244

Good question. For me, it will never stop because if it will stop no more people or miner will process our transaction, there are many transactions ever second. Blockhain is evolving everyday, you cannot stop mining because if it will happen, no more transaction will be processed.
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May 18, 2018, 09:41:28 AM
 #245

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 !


Even if all the bitcoins have been mined, the miners still need to keep running to confirm the deal.

In the future, the percentage of expenses will increase. When the limit is reached, the miners will continue to confirm the deal and receive funding from there.
hoangnhungg555
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May 18, 2018, 10:55:10 AM
 #246

Good question. For me, it will never stop because if it will stop no more people or miner will process our transaction, there are many transactions ever second. Blockhain is evolving everyday, you cannot stop mining because if it will happen, no more transaction will be processed.
vivuta107
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May 18, 2018, 03:16:38 PM
 #247

I don’t think so since the concept of mining in cryptocurrency is very vital. Many investor get touch with it so it’s hard to tell when it will stop.
Coingram
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May 18, 2018, 03:19:53 PM
 #248

till there will be minable coins its will never stop, mining is easy to get different coins or tokens, and than change them to btc or eth if you preffer to hold these instead of alts
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May 19, 2018, 07:05:22 AM
 #249

miners still will mine because transaction fees are going to miners and they process transactions , so dont worry , because now miners receive around 50 millions only from 1 coin and can earn much more in future.
spastikss
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May 19, 2018, 07:12:43 AM
 #250

I dont think that mining will stop in one day. Because there will be always new coins to mine. And also for sending and receiving coins , we need miners.

wh1rlw1nd
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May 19, 2018, 07:16:26 AM
 #251

well, it's easy to answer: there is PoW consensus system - proof of work, that rewards miners for maintaining blockchain. also miners get cryptocurrency from transaction fees (in BTC blockchain, for example).
so as long as there is Proof of Work - there will be miners.    

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May 19, 2018, 07:20:41 AM
 #252

I think that mining supported by producers of mining equipment and video cards. So I think that mining will not stop in nearest years due that it is big business and big money.
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May 19, 2018, 07:23:55 AM
 #253

We all know that when the time comes that bitcoin mining will definitely stop the bitcoin currency. But the probability of this happens only 3-5%. Do not worry as long as we used bitcoin the transaction and miners must go on.
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May 19, 2018, 02:41:38 PM
 #254

Coin mining becomes the choice of people who have a lot of money to earn a lot of coins in quick time and I do not think it will end up as profitable
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May 19, 2018, 03:44:31 PM
 #255

Mining-activity on creation of new structures for maintenance of functioning of crypto-currency platforms. So I don't think that mining will die. But if it happens, than Bitcoin will die too (in a sense)
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May 20, 2018, 12:34:06 AM
 #256

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.
bitcon
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May 22, 2018, 12:31:27 PM
 #257

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 !


Mining can not be stopped. It can become harder but it will never stopped. We see like many users left their Bitcoin mining and trying to find blockchains that easier for mining. And they are really finding better way to get new coins.
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May 23, 2018, 06:06:43 PM
 #258

Farms for mining are a very strange thing. I do not understand why people invest so much money, although they will be able to return them in a year or more. I could not do that.
samward
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May 23, 2018, 06:10:56 PM
 #259

Mining is nothing but the transactions approved by block chain technology. Few are confused about mining may stop when BTC reaches its highest level, but that is not true. Each every transaction in block chain is mining actually and if BTC or all the crypto currencies disappear then mining may stop but there is no chance for that for another 100 years at least.
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May 24, 2018, 01:15:55 PM
 #260

It won't stop because the blockchain runs on the processing power that the hardwares of these miners provide and until there is a way for the blockchain to run on its own then there will always be miners and as long as there are coins which means money to be made from mining, then we will always have miners. They are very important to the network and without them your transactions do not go through.

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