Will mining will ever stop ?

[party22]

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 after all Bitcoins are depleted mined, and the whole world uses digital currency as the primary medium of exchange, then it is possible that transaction costs will rise due to increased demand for transactions.

[1714176430]

1714176430

[1714176430]

1714176430

[1714176430]

1714176430

[shiningstar]

No, mining won't stop because they are the one that keep the network running, without the miner then proof of work won't work for sure and you can do anything whether it is sending your money etc. I don't know what will happen when all the coin has been mined because it is too far in the future.

[maromak]

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 !

the miners have the opportunity to gradually adapt and adjust to rely more on transaction costs than the revenue from mining Bitcoins. most likely that will keep miners profitable is the future development of mining technology and an increase in Bitcoin's stable purchasing power.

[sircy]

Salama stock coins still available then mine will never be completed. If it reaches its limit will probably replace it with another. When it's reached the limit then it will certainly make the coins became scarce. same is the case with the increasingly rare stuff then it will usually make it become increasingly expensive. but this is only a prediction only. for the result is necessarily determined by several other factors as well.

[Freezingel]

Unless they change to proof of stake then i can't see mining ever stop as is is required to keep the network alive and processing all kind of transactions on thay chain. Like ethereum they probably switch to pos later so they don't need miner anymore, the miners themselves will search another coin to mine if they can't mine coin A anymore.

[karramov]

the fun begins . it's deficits. holders will be really manipulate the market who will buy all the coins now will rule them

[hoangenc9z99]

As long as still profitable mining will not stop, even more and more of its enthusiasts because of seeing a very large profit. and if the total coin in the mining has reached the limit then the miner still get the income from the transaction fee that occurs in blockchain so no need to worry.

[Danielcrypto2015]

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 !

I think coin mining will never stop. Currently, there are about 1550 coins on the market and of course, most of them can be mined via POS or POW. In case one coin that reaches it limits, then another coins will be replaced for it. Besides, as I know, there are many coins having no limit (unlimit amount) meaning that it will produce more amount of coin daily for consuming to the market. Therefore, If some coins reach its limits, then I think there are nothing happened and crypto market will be continued.

[hoangvyhienqbh]

I think mining will be stopped in future. Because they will be more and more coins who wouldnt be mined anymore, because it just needs to much power and to much eelectricity. YOu see there are several coins who work with prrof of stake and it works very good.

[russ26]

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 !

It would not stop unless it satisfied these conditions. 1st is that, when mining bitcoin becomes illegal in certain country well, who wants to be in jailed though. Second, is that when bitcoin cap runs out, well, you could continue mining but you won't get even a cent of bitcoin when bitcoin runs out. Third one, is that if you are not yourself satisfied doing mining things anymore. Well, there are lots more these are only my perception on when the mining will stop.

[juragankambing]

according to say mining will stop if it has reached its limit,
of course if cryptocurrency has reached its limit then it depends on demand and supply,
whether the demand is greater than the supply, if it happens then the price of the cryptocurrency will soar and make the cryptocurrency like a valuable item

[Yara1996]

I think that it will end in the near future, that is, people will mince it in the next 20 years until they block all ciphers and prices should always grow, nobody knows what their limitations are!

[juragane]

it seems that bitcoin will never stop as long as there is a coin that can be generated from mining, not just bitcoin alone but some altcoin can also be generated from mining.

[calandra78]

1. yes mining will stop when the total cap is reached but that take so long time as you see even btc still not reached the cap until now

2. if all mineable reach the limits so nothing happen, you just can mined it again

[WildFire.ca]

POW algorithm is already outdated, it requires too much electricity. Soon all coins will use the POS algorithm.

[kjnfmplm]

No, I don't think that mining will ever stop in the future. Because, if mining will stop, then where will we grab the coins we have today? If mining stop in the future, then the cycle of cryptocurrency will be toppled. If there are no miners, then we can't get our coins that we buy.

Same thing for the investors. If investors stop investing, then what's the point of mining those coins? Every part of the crypto cycle is important. So it won't stop.

If you said that the mining of Bitcoins will stop, then it probably will in the future. If the 21 million coins are mined. And, it will be a long time ahead. No need to worry about it.

[makerst]

No, I think that mining will continue to work, but it will work on a more serious scale, because the complexity grows and it becomes more difficult, it's obvious, now the hash rate is much higher than before, so normal farms can not cope.

[markgayamo]

I think mining will never stop and will continue forever as long as there is a great price of bitcoin and any other altcoins. Mining is just like your job or career, if you quit your job or career you will get nothing and you don't have a salary or income, like in mining if you stop mining coins you will lost your job but the coins that you mine either you sell it or hold it. That's why I think mining will never stops and I know that crypto currency will be good in the future.

[moriadwarf]

Honestly, mining any coin might be reasonably worth doing long term even though plenty of factors related to newer chips affect results.

[Robertqueen2]

Yes, I think mining will reach an end as it has more negative effects than positives, especially regarding energy and environment. Regarding cryptocurrency limits, we are unable at present to give an exact prediction about the limits cryptocurrency will reach as we can't stop orders.