Pjoh ie
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Activity: 168
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September 26, 2018, 08:34:28 PM |
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when crypto technology is gone, mining will disappear on its own without having to remove it maybe doomsday will eliminate friends, because crypto is very dependent on the internet, just as the lungs need oxygen to breathe
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Hadarula
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EVERID Decentralized platform for a new Economy
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September 26, 2018, 08:34:51 PM |
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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.
mining is not that dreadful enemy as many peopel think it is amd it can bre useful in a way maybe but it is not for kme
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EVERID │ Decentralized platform for a new economy │
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MasckRRR
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September 26, 2018, 08:47:16 PM |
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We all know that the total supply of bitcoins is limited to 21 million and the flow of new bitcoins on the market has also declined. Approximately every four years, the number of bitcoins awarded for the production of the block is halved. I believe that the extraction will remain, only it will be transformed into another form and there will be new technologies for the extraction of other altcoyins.
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kamilah147
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September 26, 2018, 08:50:17 PM |
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when crypto technology is gone, mining will disappear on its own without having to remove it maybe doomsday will eliminate friends, because crypto is very dependent on the internet, just as the lungs need oxygen to breathe
of course, if the crypto disappears, the miners will also disappear, for what it still survives, because nothing is maintained. but I am sure and believe that crypto will develop again and will not disappear.
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Jana Wood
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September 26, 2018, 08:55:29 PM |
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No, I just got into the taste) I do not think this will ever stop. For me it is quite profitable. I like this world and I will help it to develop)
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salad daging
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September 26, 2018, 09:07:24 PM |
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I think that depends on what coins will be mined because there are some coins that cannot be added to the supply amount. For example, is bitcoin and if you mean bitcoin, I would say that my prediction is that bitcoin mining will stop in 2021 because the amount of bitcoin that has not been mined is low while the number of miners increases
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baribori45
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September 26, 2018, 09:08:34 PM |
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even if all Bitcoins have been mined, miners still need to keep running to confirm transactions. This time, their rewards will be entirely based on transaction fees instead of bitcoin from newly formed blocks.
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crzybilly
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September 26, 2018, 09:10:41 PM |
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Mining will stop, when there will be nothing left to mine. Unfortunately, the prices of alts are too low now and more and more mining platforms are closing down due to the too high electricity fees. But if you own a free electricity source, than you are good to go BTC mining will stop, when we reach 21 Million BTC in calculation supply.
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Russlenat
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September 26, 2018, 09:20:52 PM |
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For me mining is important for the fastest flow of transactions of digital currency and it is really needed for now due to the continues growing of crypto users and it will not stop because crypto will continue to exist and it is now part of our life to support our financial needs, it is also an investment for the other people who have a lot of money to buy an expensive mining hardware.
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Micerker
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BBOD The Best Derivatives Exchange
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September 26, 2018, 09:23:06 PM |
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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 ! Mining will never stop because many Altcoins allow mining and they have huge supplies that can not reach the limit. In particular, the higher the mineralisation, the higher the algorithm will be, so mining will never stop.
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clipto
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September 26, 2018, 09:24:56 PM |
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Mining will stop, when there will be nothing left to mine. Unfortunately, the prices of alts are too low now and more and more mining platforms are closing down due to the too high electricity fees. But if you own a free electricity source, than you are good to go BTC mining will stop, when we reach 21 Million BTC in calculation supply. It is exactly what I am thinking about. I have the same opinion, because there are some Bitcoins left to mine and people will develop another ways to mine them. For example, people can use solar energy to mine alts or BTC. I am sure, there are already some projects, that are going to do so. Mining will never stop!
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markgayamo
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September 27, 2018, 03:33:20 AM |
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I think mining will never stops if there is more people that doing mining in crypto to get a big profit, still bitcoin is the number one coin in the market, there is also more coins to mine if you know the strategy of it and the coin that you mine will pump and have a price in the market. It is better that you mine bitcoin because it is already listed in many exchange sites and as long that you know the process of it there is money in bitcoin mining.
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ankusharora1980
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September 27, 2018, 04:41:17 AM |
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I DON'T THINK THAT MINING WOULD EVER STOP IT SEEMS NEVER ENDING WORK.IT MAY BE LESS PROFITABLE BUT CAN'T BE TOTALLY FINISHED
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tungaqhd
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September 27, 2018, 04:45:55 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 ! For some currency, mining will stop when it reach the maximum amount of the currency. As i know there are some currencies that do not have any limit.
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idioma1
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September 27, 2018, 05:04:19 AM |
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I thibelieve that mining will never stop because I m sure there exist other coins that could be mining
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Chom_
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September 27, 2018, 05:05:05 AM |
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already a lot of the answer to member forum this, I think the existing answers fitting, and I just want to a little add opinion on my knowledge on post Agan, miners that keep network on crypto, and the miners monetizing results transactions on the network users, this means the absence of miners ctypto will die, because the absence of secure network on crypto
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Rocketiy
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September 27, 2018, 08:11:06 AM |
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Mining will not stop, and mining will lose liquidity if it stops cryptocurrency. Liquidity is vital to the currency.
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bajindul88
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September 27, 2018, 12:09:35 PM |
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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 ! As long as there are coins that should be mined as long as mining still exists, bitcoin is a real example of crypto which will soon reach its limit, but based on research in this forum I can conclude that if Bitcoin is nearing its limit the price will be higher due to the level the difficulty gets higher and the rewards get smaller.
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Tiger Junk
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September 27, 2018, 12:18:24 PM |
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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 mining will never stop unless many people will not patronize mining because of the hard of mining. When the cryptocurrencies reached it limits it will be hard to those miners who are mining because it will take more time to mine more because the crypto increase the solving blocks of blockchain will be hard also.
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cryptonewsID
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September 27, 2018, 12:31:46 PM |
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already a lot of the answer to member forum this, I think the existing answers fitting, and I just want to a little add opinion on my knowledge on post Agan, miners that keep network on crypto, and the miners monetizing results transactions on the network users, this means the absence of miners ctypto will die, because the absence of secure network on crypto
true what you say there is no mining, crypto will die, and this shows the importance of miners for cryptocurrency sustainability. more and more people mining coins other than bitcoin is an advancement in crypto.
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