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Topic: After all bitcoins mined - page 4. (Read 2151 times)

full member
Activity: 266
Merit: 100
March 09, 2017, 07:11:41 AM
#4
When all the bitcoins will be mined which will happen in the year 2140, they will only get rewards and it is possible that the price of bitcoins would rise up to a sky level and new bitcoin miners would not be any profitable.
legendary
Activity: 3668
Merit: 6382
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March 09, 2017, 06:55:02 AM
#3
What would happen after all the 21 million bitcoins mined? How the transactions would be carried?

The transactions should be carried in the same way as now.
The difference is that now the miners get the block reward + tx fees and then they'll get only the tx fees.
It's one of the reasons the Bitcoin price (or the fees) will have to rise enough to keep the mining profitable even in those years to come.
hero member
Activity: 574
Merit: 500
March 09, 2017, 06:53:47 AM
#2
After all the 21 million bitcoins are mined blocks continue to build up. Miners will receive fees only.
hero member
Activity: 490
Merit: 500
March 09, 2017, 06:46:19 AM
#1
What would happen after all the 21 million bitcoins mined? How the transactions would be carried?
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