Topic: Will mining will ever stop ? - page 12. (Read 4836 times)

If two major crypto like BTC and ETH already reached its limit then we can transfer to other mining coins which is also profitable like ETH and BTC . There's a lot of choices you know .

mining is getting harder every day. because costs are increasing, earnings are decreasing. for this reason small miners no longer want to mining. I think shipping fees in the future will be more expensive.

Mining is just like your job or career, if you quit your job or career you will get nothing and you don't have a salary or income, like in mining if you stop mining coins you will lost your job but the coins that you mine either you sell it or hold it. That's why I think mining will never stops and I know that crypto currency will be good in the future.

1 I don't think mining will be stopped. If there is no miner, then who will keep the entire network running?
2 When Bitcoin 21M is fully mined, the price of BTC will definitely have a huge leap. But this takes a long time

I don't think that mining will ever stop. Until the bitcoins are here , this situation will never arise.

And how can a crypto-currency reach its limits? It is constantly spinning, constantly trading and transactions are only increasing daily.
The miners also get bitcoins for their manipulations for a reason, they work so that transactions are faster, they are paid for it, and not because they like miners dig the ground and search for bitcoins. Do you think that 21 million bitcoins are buried and everyone is looking for it and everything will stop when everyone finds it ?!))) No, of course, the miners are engaged in quite different things. This is the answer to your first question.
And now about the limits. The limit is only in the amount of bitcoin, etherium and other coins. And that's all. There are no limits on their cost, they even cost 100 million dollars, nobody knows. If one man buys out all coins of one type, for example bitcoin, and will just keep him on his wallet and do nothing with him, then yes, the coin will cease be relevant and "die out." But this is nonsense, who needs it ?! That's right, no one! Nobody will buy up a coin, so that she can, only a sick person))) Since bitcoin (say, talking only about him) is constantly spinning on exchanges, at the auction, it will always be in demand and will never reach a limit or limit, because limits no! The price will vary constantly, the main thing is to catch that moment of the price that you need - to sell at the maximum or buy at the minimum. So be sure that you can calmly deal with this matter and be happy, the main thing do not be afraid to start, everything will come with experience!)) This is your answer to the second question, I hope that you understood me!)) 

I figure mining will never stop insofar as there are any coins that could be mining and if the supply achieves the points of confinement, at that point we can move to another coin that will give us a benefit. I am certain that there are numerous coins that we can dig and the cost for each coin will increment and on the off chance that we are sparing a ton of coin from mining, at that point I figure our benefit will be huge. they will win the cash in the event that they can spare their coins and just hold up until the point when the cost builds high.

At once it is obvious that there are a lot of experts on this topic. Everybody gives advice. It is very interesting to listen to read some of them. Here is a sensible thought:

[quote author = Farul link = topic = 2714689.msg44127661 # msg44127661 date = 1534341683]
1.Maybe, A Lot Of People Saying That PoS Is Better Than PoW (Mining)
  Why? Its More "Enviromental Friendly", Faster Transaction, Cheaper Fee
So I Think PoS Will Replacing PoW Soon.
2.The Miner Would Get Coin From The Transaction Fee
[/ quote]

If coins can still be obtained, then the extraction will not stop until there is an opportunity to mine them!

in my opinion, mining will not stop, only I, we will be even harder to get coins so we have to be more excited in mining. really you say BTC a little more mao has reached the limit .. so we as miners must have a goal until the BTC coin reaches the top.

Home mining may result in a large increase of complexity of production and maintenance when the mining farms will not be profitable players with small hands.

If we talk about bitcoin, we can compare it with gold.. Let's call it digital gold. It is logical to assume that the less free bitcoins remain - the more expensive they will cost.
The situation with altcoins is slightly different. Too many of them. So much so that they repeat each other. So do not worry that someone does not have enough altcoins.

To give some coins its usefulness and money like image they need to be mined. Mining gives coin its scarcity value to usefulness and so on. So mining won't stop for now.

Mining obviously will not stop, as long as there is still a market for cryptocurrency. But maybe in the future mining will be dominated by big companies because the possibility no longer produces for those who mine with a simple device.

Crypto currency is gaining popularity with each passing day. There are new coins. If the profitability when investing in one coin, then you can analyze and select another crypto currency, investing in which you can make a profit.

When bitcoin mining stop there will always be some new coins to mine. And if no one want to mine anymore cuz it's not profitable, networks will continue to work, they will just lower the diff and use their own rigs to proces.

according to my understanding. Cryptocurrency currency mining will not stop. like Bitcoin, even though the supply is limited but bitcoin mining won't stop. because bitcoin enthusiasts are increasing every year.

In fact, I am thinking, maybe there is a better way to mine coins than mining, mining is very power-hungry, and you need to buy expensive cpu and gpu, of course, the cost of mining will also reflect the market price of altcoins, the more It is difficult to mine, the more expensive it is.

Mining wil not stop, it may change how they mine but it will never change what they will profit. People are constantly learning and is looking for for solutions on how to get the market back on track. As long as there are cryptocurrency, mining will still develop.

The mining will not stop. However, once all the bitcoins have been extracted, transaction fees will be the only source of income for miners. The main concern is therefore whether transaction fees will be enough to keep miners afloat.