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deppil
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September 27, 2018, 12:50:01 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
Thats right, while other coins that don't have a lot of miners can still be used for mining and are still profitable. for now mining is still profitable you can search for the potential coin to mine. You can use vps/the like or use tools to minning |
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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Fitrilalala
Member
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Activity: 248
Merit: 10
The Exchange for EOS Community
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September 27, 2018, 12:52:10 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 ! there is other coins to be mine, so dont think it would stop anytime soon. Bitcoin is one of coin that are profitable to be mine yet you can mine other coins such as ethereum. |
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ooxtcoo
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September 27, 2018, 02:00:32 PM |
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If the mining will ever cease to bring profit for the miners, then this crypto currency will simply disappear without providing a technical base.
A bitcoin will never exceed 21 million coins, because they are pre-programmed.
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ahmed04
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September 28, 2018, 12:22:13 PM |
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In some coins, of course, it will end, because there is a total number of existing coins. But by itself, it will remain in the market.
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jouns
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September 28, 2018, 01:19:37 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 ! It seems to me that mining will end much earlier than the volume of released bitcoins will reach 21M, by that time I think that most millionaires will want to have a couple of bitcoins, so its price will grow significantly. |
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myhoho
Legendary
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Merit: 1008
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September 28, 2018, 01:23:33 PM |
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Ethereum is going to stop mining next year. And going to be a POS coin.
Which can make a valotile market for ethereum. In a strategic view price must go up but its crypto you cannot predict the future.
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Oldi-mii
Jr. Member
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Activity: 53
Merit: 10
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September 28, 2018, 01:25:12 PM |
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A limited number of coins creates a stir. Everyone needs bitcoin just because it will end soon. And in fact, nothing much will happen. All as they lived - and will live on.
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liam111
Jr. Member
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September 28, 2018, 01:26:20 PM |
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In my opinion mining on ASICs is not good for environment, so i believe in a new more poverful types of mining like Proof of Stake or others.
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xbudahx
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September 28, 2018, 01:30:30 PM |
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Of course, when mining as a tool to regulate the value of an asset will be exhausted, in the sense that there will be new, much more effective instruments for regulating value, for example, the natural demand for a given asset, I think that mining will pass to a less resource-intensive protocol.
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spike420211
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September 28, 2018, 01:34:56 PM |
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If the mining stops, then who will handle the transactions on the networks? I think those projects that will solve this problem will come forward technologically. The etherium is already taking steps in this direction.
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Soundy
Copper Member
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September 28, 2018, 01:45:28 PM |
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I don't think mining will ever stopped as there are many mineable coins. Though this coins has limit of mining but there are many new ones which miners can shift their focus on.
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Bunsomjelican
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September 28, 2018, 01:48:36 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 ! What's came up to your mind anyway to ask this question? its impossible that mining will stop, because it is very important in this business to have that actually. If I am going to ask, it is much better to have your own mining rig but sad to say I can't afford to buy it now due to its too expensive, but if times come that I would have money to buy it, I'll do to have it. |
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iTradeBit
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September 28, 2018, 02:05:28 PM |
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Mining will stop when coins stop.
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masterfu678
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www.becent.com
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September 28, 2018, 08:59:37 PM |
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Of course, now mining is not as popular and popular as a few months ago. I think it's a great investment, even though it doesn't make as much money as it did before. It seems to me that it is worth doing this, because cryptocurrencies are very unpredictable
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catterpillar07
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Activity: 224
Merit: 10
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September 29, 2018, 05:09:15 PM |
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I don't think so. People will do this anyway because crypto is going to be more and more popular in the future! So mining will ever stop!
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saaux
Jr. Member
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Activity: 252
Merit: 1
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September 29, 2018, 05:28:32 PM |
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yes, there are many mining companies. even lower prices of btc. and the better of them does not stop for more btc availability. and they just keep btc up again before the end of this year.
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AngellSky
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September 29, 2018, 05:52:25 PM |
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yes, there are many mining companies. even lower prices of btc. and the better of them does not stop for more btc availability. and they just keep btc up again before the end of this year.
The fact is that even with today's prices for Bitcoin, mining may well pay off. in any case, if you believe all the positive predictions about Bitcoin, then Nobody will not get Bitcoin. |
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Capture
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⚫●● Ky-Ky ●●⚫
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September 29, 2018, 07:49:16 PM |
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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
We can actually develop new coins, but it seems to me that mining is already in the past, because most new coins are created on other protocols that do not need mining. |
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Milla Komani
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September 29, 2018, 07:54:07 PM |
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The extraction, of course, will not stop, it can not be stopped. Just need to look for a solution with the scammers market. The trust of investors goes away with them
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natumanya
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September 29, 2018, 07:58:04 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
some coins will disapiere and some coins will grow with their price) This is the endless story I think) So my answer is no) Mining will live forever) |
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