efodix
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June 03, 2018, 04:31:57 PM |
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I think mining will stop only when the market will be dead, as there are always new coins to be mined. But in the future it will not be so profitable and in trend like now.
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keykey1
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June 06, 2018, 03:32:38 PM |
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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 ! We see that mining of Bitcoin has become a difficult but there are many other coins that could be mined. Litecoin is the only one good example. If some coins can not be mined. They have been replaced by others.
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flower1024
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June 06, 2018, 03:51:10 PM |
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Mining will stop when it will become no profitable anymore. Another variant it's when costs on electricity will become very high. Moreover, mining can stop if government will forbid cryptocurrency.
Yes the mining will stop when the cryptocurrency will lose the value and come to the electricity bill for home use our government will fix some units if it exists then they will come and check our house, if you have a commercial connection then you can set up your rig but govt forbid cryptocurrency then we can't do anything.
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fiderr95
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June 06, 2018, 05:22:47 PM |
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I think mining dont stop. Because if it will be, cryptocurrency will lose the value. There is no need to worry in recent years.
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Greed Dev
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June 06, 2018, 05:25:11 PM |
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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 ! Surely the tap will never stop. There are some cases where operators will stop that is that people hold and never sell pennies on exchanges after exploited. But this will never happen
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jankole14
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June 06, 2018, 05:26:13 PM |
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Hello, the mining will never stop. It should not stop I guess, or all the transactions will not be confirmed. No transaction will be processed if the miners stops from mining.
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Ayobami99
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The wonders of the blockchain technology
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June 06, 2018, 05:28:46 PM |
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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 ! As much as transactions still exist on the blockchain, mining will continue. Miners are the ones who confirms transactions through their hardwares. Blockchain can never reach it limit as long as miners exist. They are the one creating new tokens
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Raymondavid47
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June 06, 2018, 05:32:33 PM |
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I don't think mining will ever stop, except if crypto fades away. And I don't think that's happening soon. The point is mining of bitcoin will soon stop because it's reaching its limits, but it doesn't stop other altcoins to be mined. So mining continues
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sirmitchel
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June 06, 2018, 05:34:07 PM |
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I also think and believe mining won’t stop. It’s an added appeal to cryptocurrency, no matter how extensive and time consuming or costly it is, mining is a vey popular and reliable mode for a lot of people. Other than investing and trading, mining has proven to be a efficient means on procuring free available crypto currencies. It’s a captivating industry nowadays.
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nezzard
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Powered by Artificial Intelligence & Human Experts
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June 06, 2018, 05:54:53 PM |
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Mining of crypto currency is very useful in any case. He brings a lot of money to our sphere. Especially as long as the limit of the number of coins is not obtained)
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Orlana
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June 06, 2018, 05:58:31 PM |
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Mining will be stopped when many major platforms switch to PoS mining. I can not call this action mining, but others call it that. What happens when the last coin is produced, I do not know. Most likely the price will start to decrease a little.
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★ PRiVCY ➢ Own Your Privacy! ➢ Best privacy crypto-market! ★ ✈✈✈[PoW/PoS]✅[Tor]✅[Airdrop]✈✈✈ (https://privcy.io/)
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PSL
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June 06, 2018, 06:14:00 PM |
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I guess that mining will be relevant for a long time. Another question is the profitability of mining. I advise you to turn to serious professionals who will set up the equipment and prompt on the mining of specific coins.
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ligerti
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June 10, 2018, 02:44:47 PM |
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It is unlikely that mining will stop, while it remains quite profitable. Now more and more people are interested in this direction as in the possibility of stable profit making.
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Trimegistus
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June 11, 2018, 07:23:24 AM |
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Mining is at the core of every PoW crypto asset and therefore it can never stop otherwise there is no way to confirm transactions.
But the PoW model is exhausted and I believe we will soon see all major currencies migrating to PoS.
ETH will lead the way and the others will follow.
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FumBerry
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June 11, 2018, 07:29:57 AM |
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Mining is like a part of the backbone in cryptocurrency, asking mining to seize is like blocking your left nostrils from producing air. I don't know if I speak for all when I say this
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clarkt
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June 11, 2018, 07:33:40 AM |
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Mining is the reason there is trustless transactions, mining also ensure you transactions get confirmation from your end to it's destination. There are economic reasons as well to mining since manufacturer and the miners make a living from mining!
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joshua0502
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June 11, 2018, 07:43:05 AM |
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Mining will never stop, as long as there are so many people are using it and getting coins. And also mining is very useful of getting coins, it helps a lot.
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mbangsar04
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June 11, 2018, 12:26:39 PM |
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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 ! In my opinion mining will never end as long as there is still a transaction. But the likelihood of getting older will be less reward earned.
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hanapre
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June 11, 2018, 12:35:17 PM |
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No mining will ever stop when cryptomoney is on top. Because it is very profitable, when to be mined all the coins still need to do mining transactions. If certain coin inventory, say Bitcoin or Ethereum all mined then the miners will benefit from the transaction costs paid by everyone. This could be a sign of an increase in the cost of certain coin transactions in the future as miners benefit from only the transactions and not the rewards they earn from the mining blocks.
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wiak2
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June 12, 2018, 05:46:32 PM |
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Really an interesting question. Personally, I believe that mining is unlikely to stop in the short term. After all, now it is really a profitable and effective option for investment.
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