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Bitcoin Forum > Bitcoin > Bitcoin Technical Support > +newb question* what happens to used btc addy? Are they eventually recycled?
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Author Topic: +newb question* what happens to used btc addy? Are they eventually recycled?  (Read 146 times)
soleysupremenick (OP)
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January 16, 2019, 03:17:47 PM
 #1
I'm a newb. Just curious...
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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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jackg
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January 16, 2019, 03:21:27 PM
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No. The address stays with you and can be used as much as you like.

A new address is generated for privacy purposes only.
We shouldn't run out of addresses as there are 2^256 or 115792089237316195423570985008687907852837564279074904382605163141518161494335 addresses that can possibly exist (it's actually a little lower but I'll just keep it simple at this point).
soleysupremenick (OP)
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January 16, 2019, 03:39:53 PM
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Quote from: jackg on January 16, 2019, 03:21:27 PM
No. The address stays with you and can be used as much as you like.

A new address is generated for privacy purposes only.
We shouldn't run out of addresses as there are 2^256 or 115792089237316195423570985008687907852837564279074904382605163141518161494335 addresses that can possibly exist (it's actually a little lower but I'll just keep it simple at this point).

Lol ok. Great response thank you. You actually eased my mind a little. Let's hope all is well....
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January 19, 2019, 08:24:19 PM
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You are probably wondering why your wallet has generated a new wallet address that is why you are having some kind of worry but it is normal and even if they gave you a new wallet address the BTC will still be sent to the wallet you are currently being use. Also you can still use the old address you are using as it won't be dead as it will still be connected to your address.
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January 19, 2019, 08:32:36 PM
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This is good to know too:
Quote from: satoshi on October 03, 2010, 08:54:07 PM
Sigh... why delete a wallet instead of moving it aside and keeping the old copy just in case?  You should never delete a wallet.
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