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Topic: if bitcoin can no longer be mined - page 3. (Read 641 times)

copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
April 27, 2020, 10:36:18 AM
#3
Welcome to the forum

Firstly it's not 21 BTC, it's 21 million BTC otherwise it would mean I belong to the Elite =)

If all bitcoins have been mined, no more bitcoins will be added and obviously miners won't mine it anymore. But beside hashing, miners will still be needed to validate transactions and the fees will be the incentives
legendary
Activity: 2114
Merit: 1323
Bitcoin needs you!
April 27, 2020, 10:28:17 AM
#2
Have a look at this thread and it should explain everything for you  Smiley
https://bitcointalk.org/index.php?topic=5243500.20

For anything you need to know about Bitcoin you can use the SEARCH feature at the top left of the home page  Smiley
newbie
Activity: 1
Merit: 0
April 27, 2020, 10:17:09 AM
#1
Hi, I just joined this forum. I have searched various articles on bitcoin, altcoin, and the use of cryptocurrencies. In every article it is mentioned that bitcoin is only 21Million BTC to be mined. then my question is, What happens if all bitcoin (21Million BTC) has been mined? Are miners going to mine alt? or supply will be added? please explain to me so that I can understand more.
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