Nyo hai
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Activity: 124
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July 04, 2018, 08:35:58 AM |
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As long as there still a miners crypto world it always exists and I suppose cryptocurrency will not reach its limit
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Liberto
Sr. Member
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Activity: 391
Merit: 254
Blockchain Stranger
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July 04, 2018, 09:07:25 AM |
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As far as I know my name is not only required in order to create new bitcoins but also mining is needed to perform all the transactions between addresses so I think it would never stop..
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shapegray
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Activity: 126
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July 04, 2018, 10:18:32 AM |
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It will not stop. I think that miner more and more till now. Also if the supply has reach their limit, maybe miner will move to other coin that has more supply.
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qidai9
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July 05, 2018, 04:44:02 AM |
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If mining is definitely less and less for a currency, you are mining every day, its resources are limited, but the mining work will not stop, it will have more different cryptocurrency You can pick different currencies
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NickeyBubl
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July 05, 2018, 05:01:36 AM |
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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 ! I think, that the probability, that this will happen, is very small, I don't think, that mining will ever stop. Even if it will be unprofitable, all people will not stop doing it. |
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mike84.hn
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Activity: 36
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July 05, 2018, 05:03:35 AM |
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To much money for electric to mining. With curent price of BTC, it's better if you stop mining.
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automail
Full Member
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Activity: 504
Merit: 106
🚀🚀 ATHERO.IO 🚀🚀
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July 05, 2018, 05:09:24 AM |
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Mining will never stop. As long as crypto currency exist, there will always be mining. If there are coins to mine, it makes sense that miners do what they do best, mining. From what I've read, mining is not as productive anymore but miners can still earn money from it. It just so happen that the number of miners goes up so their share goes lower as well. Think of the coins to be mined as a pizza, the more miners share on it, the less coin they can get.
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yinhu
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Activity: 58
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July 05, 2018, 05:37:33 AM |
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I don't think mining will stop. Virtual currency needs to be mined and some people need to do it. This is a balance.
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mmmn639
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July 05, 2018, 05:43:05 AM |
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I don’t know it for the time being. I don’t know if it will be mined in the end. Just like oil, I will eventually mine it. I believe that on the road of mining, there will be another new thing that can replace it.
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straimrpl777
Member
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Activity: 378
Merit: 11
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July 05, 2018, 05:55:19 AM |
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I do not think that the mining of crypto currencies will ever be unprofitable, new crypto coins constantly appear, which can be mined, this process will never stop.
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DISPERADO
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July 05, 2018, 09:23:27 AM |
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I think that mining will never stop, it is an important part of the cryptoworld. More and more people are engaged in mining. People are interested.
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#bromocorah
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Activity: 98
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July 05, 2018, 09:59:24 AM |
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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 ! Not likely, as many new coins will be created, and if according to what I learned, the transaction costs from Bitcoin will be reversed to the miners, so it seems that mining will remain as long as Bitcoin is still transacted. |
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Vzae
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July 05, 2018, 02:15:27 PM |
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Mining will not stop because every day there is always a new coin that can be mined.
Mining coins there is always adaptive difficulty and an increase in crypto network that takes a long time to spend the total supply of coins. That's the cause, why mining never stop.
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iSparta
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July 05, 2018, 10:11:24 PM |
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Mining will never stop because it is used to keep cryptocurrencies decentralized and to confirm transactions. The coins for mining and the way how to do it may be changed, also future global virtual machine will need computer power of miners.
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Dynamist
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July 06, 2018, 08:03:45 AM |
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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 ! No, i believe it won't stop. Mining is vital to the process of trading and transactions. Its how a decentralized system works. This is the reason why a mining tool was made out of high graphics processors to handle such complicated task on managing transactions and transfer. Mining is very essential to the crypto industry and its normal operations. This why mining can't stop. |
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judyrob
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July 06, 2018, 08:05:39 AM |
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miners will stop when crypto they mine will be exhausted. This naturally makes them will switch to another crypto. However, the cycle said for some years there will be a reduction of the gifts for the miners. so this certainly will make the results of the miners each year will be small. for will likely be exhausted could only but will be in for a long amount of time.
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target
Legendary
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Activity: 2240
Merit: 1041
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July 07, 2018, 03:40:55 AM |
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Solving blocks is essential to have a successful transactions within the blockchain, if mining will be stopped there has to be an option that are to be introduced like POS otherwise that would be asking the token to be stopped totally and can't be sent anymore to any address in the network. All these will still depend to the team if they decides something else but then again miners are going to rally together that might again result fork.
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Renaisance
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Activity: 84
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July 07, 2018, 04:19:53 AM |
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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 ! It does not seem to stop, as many altcoins are created and probably in the future will be even more. It's just to keep doing the mining maybe we should always update the device periodically. |
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Thirio
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Activity: 350
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July 08, 2018, 04:02:21 AM |
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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 ! 1. I think mining won't stop, well not until cryptocurrency be obsolete, which i think wouldn't happen since it just begun. Also, miners are the one who you send your gas/gwei to to make transactions for token exchanges. 2. Well i don't really know but i'm sure that they'll win nothing lol |
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beautygirl816
Jr. Member
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Activity: 81
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July 08, 2018, 09:47:50 AM |
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I think mining will not stop. I believe in bitcoin. The question is very good. If stop mining , blockchain technology must first be closed. But it will never happen. Every time the investor is increasing. There are a lot of transactions per second in bitcoin. It will not be traded after it is closed. So mining will never stop.
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