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Topic: What happens when all the blocks are mined? (Read 870 times)

legendary
Activity: 966
Merit: 1042
October 29, 2016, 03:31:20 PM
#5
What the hell? Maybe watch a YouTube video or something that can dumb it down for you. You'll be long dead before the last block reward is awarded (if bitcoin still exists / hasn't hard forked for more/ less coins to be mined). Even then the miners will just be rewarded the fees for sending transactions so bitcoin will live on.

Now on the bottom left of your screen you'll see the lock button. Go ahead and hit that.
legendary
Activity: 3583
Merit: 1094
Think for yourself
October 29, 2016, 03:12:28 PM
#4
This still draws me back from Bitcoin,  will all bocks be mined?

As I said above. No.
full member
Activity: 126
Merit: 100
Get paid $500 to $1500+ per week
October 29, 2016, 01:59:15 PM
#3
This still draws me back from Bitcoin,  will all bocks be mined?
legendary
Activity: 3583
Merit: 1094
Think for yourself
October 29, 2016, 01:54:15 PM
#2
There is no such thing as all blocks being mined.  When all block "rewards" are mined blocks will continue to be mined for the transaction fees alone.
sr. member
Activity: 350
Merit: 250
October 29, 2016, 12:23:53 PM
#1
Leading off from here: https://bitcointalksearch.org/topic/m.16706358, what would happen if all the blocks were mined? If that happened, how would we transfer our bitcoins from one wallet to another?
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