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Author Topic: Will mining will ever stop ?  (Read 4816 times)
Prosperityforall
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September 25, 2018, 08:34:05 PM
 #801

There are a lot of coin appears every single day and they need to be mined,so mining won't ever stop. It will stop only in case of changing algorytm
alexberezov
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September 26, 2018, 05:36:15 AM
 #802

It can change the way it is done, let's say what Ethereum is trying to do now, but it will not disappear by itself, because new coins appear every day.
castiloros
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September 26, 2018, 06:24:19 AM
 #803

mine will stop when mined starting depleted or thinning. each year the prize for miners began to diminish and this, of course, makes mine have indications depleting allocation because this could be aimed so that at least the process of mine is still quite long. but we just wait time will answer and arrive if could actually mine would end.
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September 26, 2018, 06:29:42 AM
 #804

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 !

I think mining will never stop as long as many people who uses bitcoin patronize the mining of bitcoin in this world of crypto. If the bitcoin and eth reach it's limits, I think many will patronize again bitcoin or the people who patronize btc will be double.

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September 26, 2018, 06:52:44 AM
 #805

first,
for me our mining every day is only 3 times that we have to post so that not all of our interests will stop when we are no longer focused on this crypto world

second,
all the elements that are in bitcoin will all function to increase our cooperation to reach the limit after the currency has won

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September 26, 2018, 07:38:46 AM
 #806

Extraction will continue as long as the crypto currency is alive. People are trying to get new coins, and they will not stop doing it
rainezerr
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September 26, 2018, 07:42:25 AM
 #807

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, there will be always new people who are going to join the era and that is the reason why cryptocurrency is increasing even more every year.

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September 26, 2018, 08:04:19 AM
 #808

it can stop if the maximum limit is reached and there will be no buying and selling and there will be a higher price than this and will control all the currencies in the world. the achievement will take a long time to reach our grandchildren so the answer can be with that reason.

erox
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September 26, 2018, 08:06:20 AM
 #809

I think not, because even if the price will fall, some miners will leave and then the complexity will decrease and again the miners will come. In fact, it is an eternal system that does not depend on high coin prices.

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September 26, 2018, 12:31:21 PM
 #810

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 !


every crypto that has a POW feature also has a limit, but i think after that it will be replace by staking, helping the network to be much faster than before and more secured. thats only my thought, just correct me if im wrong..
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September 26, 2018, 12:35:26 PM
 #811

I will give my vote in favor of the fact that mining will still be relevant all the time, certainly before the emergence and mass use of quantum computers, so mining will live as long as it is demanding.
bamb
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September 26, 2018, 12:39:47 PM
 #812

Proof of work is very essential to cryptocurrency functionalities. Mining activities solves mathematical problems presented by users of cryptocurrency when they initiate payment processes. These processes is done in a decentralized enviroment  and this guarantee integrity outcome of crypto processes!

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September 26, 2018, 12:41:03 PM
 #813

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, there will be always new people who are going to join the era and that is the reason why cryptocurrency is increasing even more every year.

To think there's a chance the mining will be stop in the future, it is because the high consumption of electricity and it is not eco-friendly. Maybe it will change by POS, but don't know if this is will happen, no one knows. I am hoping will not stop it is because it gives the coins a higher value than POS.

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September 26, 2018, 12:42:35 PM
 #814

1. mining never stop
2. what will happens when the cryptocurrency reaches it limits? miners still can get rewards from fee transaction  Smiley
Khiceog
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September 26, 2018, 06:35:29 PM
 #815

Mining will die only when cryptocurrencies are dead. Now it is profitable, interesting and quite simple. I think that there is no better way to make money in the field of cryptocurrency. In addition, mining is available to absolutely everyone
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September 26, 2018, 06:55:31 PM
 #816

first,
for me our mining every day is only 3 times that we have to post so that not all of our interests will stop when we are no longer focused on this crypto world

second,
all the elements that are in bitcoin will all function to increase our cooperation to reach the limit after the currency has won


The reputation of the crypto currency is growing all the time for the better and reaching new heights, and the trust of users is growing.
smoolae
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September 26, 2018, 07:02:55 PM
 #817

Mining can really go on for as long as there are coins that can be mined with PC/rig/ASIC. But getting some nice profit from constant mining seems like a long shot for small farmers now. Big companies are owning the main hashpower and thanks to that get the biggest piece of the pie.

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September 26, 2018, 07:16:19 PM
 #818

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 in as much there are coin to be mined. Miner will continue mining so far money used in setting it up and little gain is guaranteed.

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cryptocyprus
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September 26, 2018, 08:31:39 PM
 #819

In theory, after for example Bitcoin reaches its limit, it will become a rare and valuable coin. His price should rise and as you get closer to the last production of coins, the Bitcoin will continue to rise in price.

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September 26, 2018, 08:33:37 PM
 #820

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 !

yes i think it will as there are many better ways of earning money and you can getmore peofit with less efforts

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