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Topic: What will happen when 21 mil blocks are mined? - page 2. (Read 1356 times)

member
Activity: 136
Merit: 10
From what I can tell, there will still be blocks.

Although I think that bitcoin will have two paths to go down when it reaches it's end of it's mining phase.

1) It will die out, as miners are most of the bitcoin community, and the reward of transaction fees will turn away alot of miners.

2) It will thrive, if there are lots of users when the end comes.
staff
Activity: 3500
Merit: 6152
Miners won't be able to mine anymore since all BTC are mined of course , so they will be earning BTC from the transaction fees & Most of all we will be all dead by that time .
Read more about it : http://bitcoin.stackexchange.com/questions/18103/what-happens-when-the-21-million-cap-is-reached
sr. member
Activity: 280
Merit: 250
Two heads are better than one.
What will happen when 21 mil blocks are mined?

will there be no more blocks, or will there still be more blocks, just that there's no block reward except for the transaction fee?

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