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bitcoinhost (OP)
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November 22, 2013, 10:10:50 AM
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Bitcoin miners help with processing transactions for bitcoin,  but what happens when all the miners are no longer mining since all bitcoins are discovered?

Who and what will assist the ongoing need for processing power?
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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November 22, 2013, 10:16:54 AM
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This question is asked so often that more computing power is used on the question than all coins mined to date.

There is even a thread on the main page asking the same thing.
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November 22, 2013, 10:22:31 AM
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Thanks, I looked for a while but did not see any threads.  Got one?
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November 22, 2013, 10:24:13 AM
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https://bitcointalk.org/index.php?topic=341554.0
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
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