The reward halves every 210 000 blocks. 50 -> 25 (now) -> 12.5 ->6.25 ...
After that, the transaction fees are the reward to the miners -> which would be currently less than 1%
Topic: what happens to the bitcoin mining hardware after reaching Algorithmic maximum ? - page 2. (Read 1626 times)
September 11, 2015, 05:54:22 AM
September 11, 2015, 04:55:31 AM
Algorithmic maximum = 20,999,999.9769 BTC [ https://en.bitcoin.it/wiki/Units ]
what will happen to them ?
and can they used for anything else ?
and can the sellers of them do anything to prevent losing money ?
what will happen to them ?
and can they used for anything else ?
and can the sellers of them do anything to prevent losing money ?
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