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Author Topic: Will mining will ever stop ?  (Read 4815 times)
marcelocoin
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September 29, 2018, 07:58:43 PM
 #861

the mining will never stop because many projects and blockcains are maintained by the miners, and the transaction rates go to them, in this case if a coin reaches its total supply there will still be mining of the blocks to earn the Fees
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September 29, 2018, 08:02:53 PM
 #862

Of course, this is quite profitable. I do not think that someone will be able to stop it. So do not panic in vain. Grin Grin
Awens
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September 29, 2018, 09:54:46 PM
 #863

Personally, I think that mining will soon completely disappear. It seems to me that crypto community does not need it anymore because most coins change protocol to Proof-of-Stake or other.
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September 29, 2018, 09:59:23 PM
 #864

Well,  I personally think that as time moves on in life,  mining will stop eventually because cryptocurrency doesn't need that again because of stress.
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September 29, 2018, 10:42:47 PM
 #865

Yes, it can happen we never know. As the rise of mining difficulty low block reward, there are some chances & ETH is thinking of moving to POS so but there will be miners for sure they have the all equipment for mining they will not just sit down there and watch they will mine xD Smiley

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September 29, 2018, 10:58:44 PM
 #866

I think mining will never stop at any time, because now not only Bitcoin and Ethereum can be mining, but now a lot of coins have started to be mining, so I'm sure that whenever mining will never stop.

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September 29, 2018, 11:08:33 PM
 #867

I do not think that mining will last long. It's support is getting smaller and I think that soon all coins will be based on PoS protocol
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September 29, 2018, 11:20:35 PM
 #868

No, mining won't stop because they are the one that keep the network running, without the miner then proof of work won't work for sure and you can do anything whether it is sending your money etc. I don't know what will happen when all the coin has been mined because it is too far in the future Grin
BoxerRobert
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September 30, 2018, 01:08:29 AM
 #869

Mining won't stop until they reach their goal.
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September 30, 2018, 10:32:32 PM
 #870

Well,  I personally think that as time moves on in life,  mining will stop eventually because cryptocurrency doesn't need that again because of stress.
Some coins may need someone or a large amount of people to mine coins because of their network speed.

 
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September 30, 2018, 10:37:14 PM
 #871

It will only stop until there is nothing to mine. However, as more people tried to build and mine the earnings in mining will not be as high as before. The rewards for mining  is getting lower and miners are doing everything they can to at least break even on costing. They are unable to sell the mined coin because of the low price and soon will be forced to sell if they are in need of money.

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September 30, 2018, 10:49:42 PM
 #872

From the basic facts that I know, mining will never end. If mining ends, it means transactions can not be executed and hence no crypto in existence. What I know of is that the total coins allocated as block reward may finish with time and even with that, the miners will still mine.

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September 30, 2018, 11:27:12 PM
 #873

Mining will never stop as there are new coins entering the market which can be mined. The mining difficulty is changing
all the time and it makes it difficult for miners to have long term profit calculation.

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mikkev01
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September 30, 2018, 11:46:03 PM
 #874

I do not think that mining will ever stop, it will be continue till the last coin produced, because a miner gets transaction fee for every transaction and this is his profit without any new investment.
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October 05, 2018, 10:08:33 PM
 #875

I believe that mining will stop when all bitcoin is mined, and now it is not profitable it will still produce bitcoin.

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October 22, 2018, 01:02:40 PM
 #876

I dont think it will stop. Because mining is the way to issue more tokens ans approve all transactions on the blockchain. Some blockchains can stuck without miners.
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October 22, 2018, 04:11:46 PM
 #877

I dont think it will stop. Because mining is the way to issue more tokens ans approve all transactions on the blockchain. Some blockchains can stuck without miners.
Well said, mining can't be stop with how the system has been made, it only can be done if all those coins that exist will be converted to PoS or another type of productions, but until bitcoin still using Pow mining will continue as miners need to work for the transactions, though it's no longer profitable like before but those who's believing that it will bounce back, will continue to mine and hold their coins hoping that in the future things will change their lifestyle, what happen before can happen back in the future.
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October 22, 2018, 04:23:57 PM
 #878

I think mining won't stop. It just will become a big corporation business. People are unting in pools, pools uniting in companies and so on. And one day they will have so much power that no individual will be able to beat them in mining.

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October 22, 2018, 07:18:07 PM
 #879

Perhaps in the future when all bitcoin mining will stop , but then there will be other coins that will mine and so will continue throughout the time.

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October 22, 2018, 07:38:58 PM
 #880

Perhaps in the future when all bitcoin mining will stop , but then there will be other coins that will mine and so will continue throughout the time.

Today there is an interest in trading the letter B Bitcoin is precisely about uneven prices. When the price fluctuates, then there is the possibility of earning a difference in price, and also there is an opportunity to get a good income with long-term storage of the coin. But when it is over, there may be stability, which many users will not like.

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