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Topic: ✨✨✨ How expensive will the last bitcoins be to mine? ✨✨✨ (Read 174 times)

member
Activity: 126
Merit: 10
Renewable Energy Cryptocurrency
Well we are going to see. Maybe it is will be cheaper. Maybe bitcoin will go down deep. And also people will start to use more powerful super computers for mining. It is another factor for that.
full member
Activity: 280
Merit: 105
The cost of mining is ever increasing and it's one of only a few downsides to bitcoin. The last bitcoin if identifiable may sell for a premium anyway just because it's the last one. I hope any collector buying it though makes sure to leave it in an empty address or in future it will be just another bitcoin mixed in with all the rest.
newbie
Activity: 14
Merit: 0
"Grist claims that by July 2019 the bitcoin network will require more electricity than the entire U.S. and by February 2020 it will use as much electricity as the entire world"

http://wisdomsave.com/2017/12/08/bitcoins-energy-cost-is-huge-and-growing.html

WOW  Shocked

Its going to be insanely expensive just in the next few years!
newbie
Activity: 14
Merit: 0
Nearly 17m out of the 21m total bitcoins have already been mined.

The coins are going to get incredibly difficult and expensive to mine. How much will it cost to mine the last 1m, 100k, 10k, 1k, 100, 1 bitcoins?

Its crazy to think how expensive it might get and how many resources might get destroyed in attempt to mine them
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