you have to get a huge computational power if you want to compete with pools. So it not worths it right now - and of course you do not have to pay much the electricity bill ( cause it gonna cost you more than what you are thinking )
Go North!!!
Topic: What Will happen if all bitcoin already mined ? (Read 14728 times)
I think investing in cloud mining is the best way to make most out of bitcoin right now. https://hashflare.io/r/8212DF10
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and use code HF17PROF5 to get 5% discount
Proficiently the people at the back will make a get of their best in order to continue not just because anything was already been mined means that things will mishap or collapse. For sure past that period came more adoptions and uses are already been created.
if all bicoin 21 million is in mine then bitcoin demand will be higher and bitcoin will be more popular so i think to collect bitcoin at this time in preparation for that time, because bitcoin supplay in market will be increasingly rare
There are only 21 million total bitcoins that can be mined, what will happen if all bitcoin is already mined?
well miners will be mining those transfer fees, bitcoin will continue on the mining side as people are sending bitcoin to another wallet every second, this will go to mine pool (the transfer fee) which miners can get though of course the number of coins to mine are getting smaller and smaller everytime There are only 21 million total bitcoins that can be mined, what will happen if all bitcoin is already mined?
it’s easy new coin will start "bitcoin POS" and price will pumped fast.
also who have big amount of bitcoin will have some control of price
Answer is simple, Bitcoin price will go up. And altcoins will be more and more popular, especially most popular, like ETH. In fact, I think, that ETH and Ripple price will also go up, when all Bitcoins will be mined.
There are only 21 million total bitcoins that can be mined, what will happen if all bitcoin is already mined?
When that happens i honestly believe that people are going to lose whatever interest that they have in bitcoins and although the value will not plummet, i dont think it will rise any further like its currently doing and people will move to other cryptocurrency that will make them more money.
by 2040 most probably all bitcoins will be mined then the price will be around 100000 dollars, after all bitcoins mine next altcoin ether will touch to 10 thousand dollars price
There are only 21 million total bitcoins that can be mined, what will happen if all bitcoin is already mined?
I don't think its reach to its limit so early. Because if it happen bitcoin will be very expensive. If its already mined then why bitcoin not vanished now ?. So you don't need to worry about it just keep your mining system and earn benefits from it.
There are 16 million bitcoin being used world wide and rest are yet to be mined.
I did not even know there was a limit of bitcoins?
Gold must be mined out of the ground, and Bitcoin must be mined via digital means. ... In fact, there are only 21 million Bitcoins that can be mined in total. Once miners have unlocked this many Bitcoins, the planet's supply will essentially be tapped out, unless Bitcoin's protocol is changed to allow for a larger supply
Needless to say, the bitcoin price at that time will be "BOOM !!!", while altcoin will become powder (sand) it becomes "very small".
But with the occurrence of bitcoin scarcity, people will use bitcoin just as invest and sell / buy it.
But with the occurrence of bitcoin scarcity, people will use bitcoin just as invest and sell / buy it.
Well, as per my research, if all 21 million-worth Bitcoins are all ready mined, nothing will ever happen. Otherwise stated, business is still the same as it used to. Realistically, you are not mining Bitcoins but in fact you are mining blocks. Hence, when all Bitcoins have been mined, there is no effect in the Bitcoin world. You will only get rewards out of it then.
1 BTC will be 1M usd once mining finished 
Tbh, it was planned on the date BTC started as it has 8 division after 0 like 0,00000000
This is why you shouldn't pay 1-2k usd for a pizza when this started to used along daily commerce.
Tbh, it was planned on the date BTC started as it has 8 division after 0 like 0,00000000
This is why you shouldn't pay 1-2k usd for a pizza when this started to used along daily commerce.
There are only 21 million total bitcoins that can be mined, what will happen if all bitcoin is already mined?
all already mined, its mean no more bitcoin so the price will go to moon, that why bitcoin is good for investment
i also read in article. i forgot the link "bitcoin production can added if half or more community agree with that"
The answer to this question has already been answered in this Forum. After all the bitcoin is generated, transactions will still going this kind of token never b banish cause of high demand high value.
Suppose, 21 million bitcoin has been mined.
I'm not afraid of the condition, because there are other alternatives we can do with bitcoin, first among them is investment, trading or being a speculator in the market.
With the occurrence of bitcoin scarcity, it`s certain that bitcoin prices will explode (very expensive) at that time, while the demand for bitcoin is increasing.
I'm not afraid of the condition, because there are other alternatives we can do with bitcoin, first among them is investment, trading or being a speculator in the market.
With the occurrence of bitcoin scarcity, it`s certain that bitcoin prices will explode (very expensive) at that time, while the demand for bitcoin is increasing.
Then the miners will only process the transaction. Miners still be needed to verification and confirmation the transactions record.
There are only 21 million total bitcoins that can be mined, what will happen if all bitcoin is already mined?
We don't need to think about it from now since we won't be around here at that time. Just kidding. Miners will continue to mine with a reward of transaction fees. At that time, I hope people will use it frequently in daily life. Jump to: