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Author Topic: Will mining will ever stop ?  (Read 4840 times)
wowprolol
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August 12, 2018, 11:18:39 AM
 #621

even if they get all the bitcoins it will change almost nothing . the price of bitcoin will decline
Marcsymon
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August 12, 2018, 11:22:37 AM
 #622

Mining will not stop. As long as the encryption market is always running. Mining will not stop. The employee will also work all the time. The cryptocurrency begins with mining. There will be more and more coins in the encryption market for you to dig.

Actually mining is part of cryptocurrency investment and this was already uprooted that hard to avoid. If bitcoin industry exist for many years, I think mining will also does, and this will not stop ever.
odranoel
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August 12, 2018, 11:24:16 AM
 #623

Correct me if i am wrong because i never been tried mining since i joined, but as i understand mining was never stopped but sometimes temporarily hold because if sometimes miners feel that they are losing, but if is okay in the times comes it will resume and continue mining.

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itoybtc
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August 12, 2018, 11:25:26 AM
 #624

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 will never stop as we can see there's a lot of people who has their business by mining using CPU and GPU mine. For me i think mining will still there unless the price of the GPU and CPU will increase rapidly in the market because of that the miners will have difficulties in terms of purchasing the CPU and GPU because of the price hike in the market. And also new opportunities in the cryptocurrency so that the investors still have their interest in mining activities. So they will earn and earn a lot of profit in mining. And because of that not only the value of the cryptocurrency will increase but also the numbers of miners and investors in this kind of business.
charlop24
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August 12, 2018, 11:27:07 AM
 #625

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 !


Firstly, mining is required to support the ecosystem of a cryptocurrency, confirming transaction and ensuring that whole system runs smoothly. The fact that mining is required for the smooth running of an ecosystem makes it compulsory and as such its not going to stop, unless there's a change in the modus operandi of the ecosystem.

Secondly, when a cryptocurrency has a maximum supply limit such as Bitcoin with 21 million as its supply. It simply means that the only Bitcoin which would ever be in circulation is 21 million. This was effected to curb inflation and ensure that there's a constant increase in the value of the cryptocurrency. As learnt in basic economics, the lesser the supply of a commodity, the higher the price and vice versa.
CardMate355
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August 12, 2018, 11:28:56 AM
 #626

I don't think mining will stopped ever.
mh6e
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August 12, 2018, 11:31:35 AM
 #627

I don't believe we'll see the days when mining will stop. The crypto currency will fade away much earlier than this thing would happened.

If mining is stop so does crypto. Because mining is the one who will process all transaction. Maybe if it reaches to  limit it stop but for that certain coin only. I think the other coin is still continue mining. That's how mining works if one area is out they transfer to another area to be mine again.
ExoticDynamics547
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August 12, 2018, 11:33:18 AM
 #628

Mining will never stop. There will be more difficulties in mining in future that's it.
WiredContent55
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August 12, 2018, 11:35:08 AM
 #629

As the world is running to the massive technology, so it will be impossible to stop mining.
BlazeEthereal27
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August 12, 2018, 11:35:43 AM
 #630

The use of crypto currencies will be bigger so in future people will need more coins. so mining is unstoppable.
MixedGalaxy214
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August 12, 2018, 11:37:25 AM
 #631

I don't think mining will stopped ever as new companies will use new coins and then there will the need of new coins.
Cgilonrondom
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August 13, 2018, 08:47:49 AM
 #632

The cryptocurrencies will  fade if the mining stops and it will change the dynamics.
javierromero69follaculos
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August 13, 2018, 09:15:22 AM
 #633

Nope, I don’t see that coming and it is something that is clearly not possible.
Btcalimie
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August 13, 2018, 09:22:20 AM
 #634

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 will not stop and will run forever. Base on what we all see mining is very useful in every transactions we have made. This way we could experience faster transaction with a low cost. If cryptocurrency will rich its limit that I am sure their going to expand it.
Set01111
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August 13, 2018, 09:32:31 AM
 #635

To get coins there are many ways such as mining coins and coins earned usually more and faster for that we will worry if the coins reach the limit faster but I think it will not happen because the investment is not limited and mining will continue to be done as long as it is profitable.
csbsstudent
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August 13, 2018, 10:53:42 AM
 #636

Yes, it will stop and it will happen in the nearest future. Mining has been decreasing for a long time and it doesn't become slower even a little bit.

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Bitlife81
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August 13, 2018, 10:55:37 AM
 #637

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.
starplaks
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August 13, 2018, 11:00:51 AM
 #638

Mining will not end as long as there is a crypto currency, unless of course another way of mining is invented!
humber1
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August 13, 2018, 11:14:08 AM
 #639

I don't believe that mining will stop forever, even if some coins will be completely harvested, miners will still have other coins to pick, because with the continuous improvement of blockchain technology, more and more blockchain projects will join. Come in, so I don't think mining will stop forever
Toing_Jr
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August 14, 2018, 01:25:54 AM
 #640

In my opinion, 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. So just keep your good work. Good luck.
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