Will mining will ever stop ?

[Wildskull]

Mining obviously will not stop, as long as there is still a market for cryptocurrency. But maybe in the future mining will be dominated by big companies because the possibility no longer produces for those who mine with a simple device.

[Tayata2005]

To give some coins its usefulness and money like image they need to be mined. Mining gives coin its scarcity value to usefulness and so on. So mining won't stop for now.

[Malabarka]

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 we talk about bitcoin, we can compare it with gold.. Let's call it digital gold. It is logical to assume that the less free bitcoins remain - the more expensive they will cost.
The situation with altcoins is slightly different. Too many of them. So much so that they repeat each other. So do not worry that someone does not have enough altcoins.

[m0Ray]

Home mining may result in a large increase of complexity of production and maintenance when the mining farms will not be profitable players with small hands.

[febrian1705]

in my opinion, mining will not stop, only I, we will be even harder to get coins so we have to be more excited in mining. really you say BTC a little more mao has reached the limit .. so we as miners must have a goal until the BTC coin reaches the top.

[odri777]

If coins can still be obtained, then the extraction will not stop until there is an opportunity to mine them!

[Diamond_Darrell]

At once it is obvious that there are a lot of experts on this topic. Everybody gives advice. It is very interesting to listen to read some of them. Here is a sensible thought:

[quote author = Farul link = topic = 2714689.msg44127661 # msg44127661 date = 1534341683]
1.Maybe, A Lot Of People Saying That PoS Is Better Than PoW (Mining)
  Why? Its More "Enviromental Friendly", Faster Transaction, Cheaper Fee
So I Think PoS Will Replacing PoW Soon.
2.The Miner Would Get Coin From The Transaction Fee
[/ quote]

[Nigmar]

I figure mining will never stop insofar as there are any coins that could be mining and if the supply achieves the points of confinement, at that point we can move to another coin that will give us a benefit. I am certain that there are numerous coins that we can dig and the cost for each coin will increment and on the off chance that we are sparing a ton of coin from mining, at that point I figure our benefit will be huge. they will win the cash in the event that they can spare their coins and just hold up until the point when the cost builds high.

[prizrak9484]

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 !

And how can a crypto-currency reach its limits? It is constantly spinning, constantly trading and transactions are only increasing daily.
The miners also get bitcoins for their manipulations for a reason, they work so that transactions are faster, they are paid for it, and not because they like miners dig the ground and search for bitcoins. Do you think that 21 million bitcoins are buried and everyone is looking for it and everything will stop when everyone finds it ?!))) No, of course, the miners are engaged in quite different things. This is the answer to your first question.
And now about the limits. The limit is only in the amount of bitcoin, etherium and other coins. And that's all. There are no limits on their cost, they even cost 100 million dollars, nobody knows. If one man buys out all coins of one type, for example bitcoin, and will just keep him on his wallet and do nothing with him, then yes, the coin will cease be relevant and "die out." But this is nonsense, who needs it ?! That's right, no one! Nobody will buy up a coin, so that she can, only a sick person))) Since bitcoin (say, talking only about him) is constantly spinning on exchanges, at the auction, it will always be in demand and will never reach a limit or limit, because limits no! The price will vary constantly, the main thing is to catch that moment of the price that you need - to sell at the maximum or buy at the minimum. So be sure that you can calmly deal with this matter and be happy, the main thing do not be afraid to start, everything will come with experience!)) This is your answer to the second question, I hope that you understood me!)) 

[Navneet1120]

I don't think that mining will ever stop. Until the bitcoins are here , this situation will never arise.

[lllidan]

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 don't think mining will be stopped. If there is no miner, then who will keep the entire network running?
2 When Bitcoin 21M is fully mined, the price of BTC will definitely have a huge leap. But this takes a long time

[mmocrypto]

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.

[grandepl]

mining is getting harder every day. because costs are increasing, earnings are decreasing. for this reason small miners no longer want to mining. I think shipping fees in the future will be more expensive.

[Enzo05]

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 two major crypto like BTC and ETH already reached its limit then we can transfer to other mining coins which is also profitable like ETH and BTC . There's a lot of choices you know .

[Abeycity9917]

I am sure that there are many coins that we can mine and the price for each coin will increase if we are hoarding a lot of coin from mining, we will make alot of cash from it. We can wait till the price rises

[bizzargin]

I think that mining cannot be stopped because all your cryptocurrency transactions are processed through miners.

[littleheart]

I think insofar as there is as yet a digital currency that can be in mining, a mineworker won't come up short on wellsprings of pay. perhaps they will move the coin in the mining if the aggregate supply of coins in the past mine is up. also, search for other crypto that still has a great deal of supply

[gumpoh]

It will stop, and sooner or later, mining will stop and there will be other ways to get coins. The encryption industry is an uncertain industry, so everything is possible.

[harm]

Not sooner rather than later. The entire cryptographic forms of money are encouraged by mining and without mining then exchanges won't be affirmed which would imply that you would not have the capacity to send coins. Ethereum is by all accounts chipping away at changing over to POS which would imply that the administrations of diggers would never again be required yet until the point when something to that effect is set up.

[tuanytcc]

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 in the future, the mining form will change to POS because Mining must take much energy and increasingly not be effective anymore. And when each coins reach its limit, scarcity of it will raise and its value will also raise