Will mining will ever stop ?

[ryap12]

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 !

Mining will definitely stop for each crpyto if the minable coins are all mined. Im not sure what's going to happen if we reach the cap but what I do know it that, that particular coins will definitely become more expensive as the supply can no longer reproduce.

[Considered]

I don't think mining will ever stop, if it does then that becomes the end of crypto circulation as there will be no more coin production,  and case it does, it means that the supply will be low and demand will be high, leading to a hike in prices in the long run

[Victorheywhy]

I do not think mining will ever stop as long as cryptocurrency still exists. Mining has been a very good thing for some crypto experts who know how to dwell in it. Although, I do not mine coins; I rather trade. But, I don't think mining will stop.

[lorylore]

Mining will eventually end at a day. There is a fix amount of the BTC or the Coins that appear in the market, so the miner will keep on mining and then will and soon.

[Mjadon15]

Cryptocurrency mining will not stop. Judging from the technology behind the control of Bitcoin circulation. There are only 21 million Bitcoins available for mining. Once all of those Bitcoins have been mined, no more new Bitcoins will ever be created.
Not only is the total supply of Bitcoins capped at 21 million, but the flow of new Bitcoins into the market has also been tapering off. Roughly every four years, the number of Bitcoins awarded for mining a block is cut in half.

All these are control measures to ensure that Bitcoin does not reach the 21Million Quantity in supply. Therefore, as much as these controls are in place, I don't see Bitcoin mining ending sooner or later.

[Mjadon15]

I don't think mining will ever stop, if it does then that becomes the end of crypto circulation as there will be no more coin production,  and case it does, it means that the supply will be low and demand will be high, leading to a hike in prices in the long run

Exactly my point. When Bitcoin miners “mine” a new block of transactions they are rewarded freshly minted Bitcoins. Originally, 50 Bitcoins were earned for mining a block. Then it dropped 25 Bitcoins, and then to 12.5 Bitcoin. In four years interval. That means in 2020, it’ll drop to 6.25 Bitcoins. Thus, while a government may constantly increase its money supply, Bitcoin has built-in features that encourage the exact opposite. The decreasing flow of new Bitcoins and the 21 million cap will help ward off inflationary pressures.
Also, there are many “lost Bitcoins” that were stored on old hard drives that were thrown away and can no longer be recovered. This is called COIN BURNING. This makes the total supply of Bitcoins actually lower than 21 million.

[Direwolve735]

First, at the current mining speed, the last block will be mined somewhere in 2140. By that time, the economic conditions may be so changed that the need for compensation for the block may fall away. Also it is necessary to take into account that miners have a secondary source of income - commission for transactions. Perhaps, by the time of rewards for a new block, mining for the sake of commissions can become quite profitable.

[vendy86]

There is so many Coin that we can Be Mining for now, that why even Major coin like Bitcoin, Ethereum and Bitcoin Cash has run out, we still have so many another coin for an option. and I think it will keep continuing like this.
And if a coin with a limited total inventory has been mined, I think the price will keep going up because now its pure up to the market holder.

[Krendiv]

as long as crypto is alive , mining will always be relevant and will live

[pazzanegro]

No, I don't think it will ever stop. Its profitable enough, of course If you have latest miners or GPUs and your electricity bills are not covering your cryptomining income

[Visibel]

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, mining will continue until Bitcoin has a very good future.
Bitcoin is decentralized and mining is needed for fast and easy transactions, mining will continue, because this is a necessity or obligation.

[dianikusuma]

mining will continue to happen every time. but the longer the sure gift in mining will diminish as the system previously. for crypto depleted mined I guess there might have been. There will always be new crypto can be mined and certainly could be another option when crypto is nothing out. It will make the sale price becomes higher when the crypto will fade thinning numbers were available.

[DesertOasis3]

I think the viability of mining and the ever-increasing costs associated with it are forcing new ideas for verification to come to the fore. Proof of Stake and leased proof of stake would appear to be the next generation of coins where people hold Masternodes to form the consensus for the network. this will use far less electricity and resources so I think the profile of mining is going to change rather than stop.

[Drunken Lullabies]

It may not stop, but jatahnya will be reduced. Because I also had heard about this policy. That allocation of mining allotments will indeed decrease. It is long, but it is possible the new will be realized. so for those of you that mining be prepared.

[3x1t]

This doing is close to be finished I consider. There are too many other way to earn money with less amount of money, for example, investing or trading.

[Komaci]

No, I think mining won't ever stop cause it will stop no more people or miner will process our transaction, there are many transactions every second.

[Akselrod]

I think that in such a form as we are now observing it - yes. Too much electricity is spent on this and it is unacceptable for modern times. In the future, new miners or chips will appear, which will be energy-efficient. Therefore, I believe that the mining will remain, only it will be transformed into another form.

[jeffbitcoin2018]

I think they will never stop!! Because of the coin are going up and down !! And mining its easy to but its hard to wait until they rich here maximum withdrawal right??

[voltesbazooka]

No, I don't think it will ever stop. Its profitable enough, of course If you have latest miners or GPUs and your electricity bills are not covering your cryptomining income

At the very least, according to CCN latest reports, the number of miners are increasing despite the recent down in the cryptocurrency market. This means that mining is far from being gone.

[Dheo]

No, I don't think it will ever stop. Its profitable enough, of course If you have latest miners or GPUs and your electricity bills are not covering your cryptomining income

At the very least, according to CCN latest reports, the number of miners are increasing despite the recent down in the cryptocurrency market. This means that mining is far from being gone.

But what if they already reached the total supply? We all know that all coin has it's limit. Well if mining will continue getting coin then it's good because you can earn always.