Mining is at the core of every PoW crypto asset and therefore it can never stop otherwise there is no way to confirm transactions.
But the PoW model is exhausted and I believe we will soon see all major currencies migrating to PoS.
ETH will lead the way and the others will follow.
Topic: Will mining will ever stop ? - page 31. (Read 4836 times)
It is unlikely that mining will stop, while it remains quite profitable. Now more and more people are interested in this direction as in the possibility of stable profit making.
I guess that mining will be relevant for a long time. Another question is the profitability of mining. I advise you to turn to serious professionals who will set up the equipment and prompt on the mining of specific coins.
Mining will be stopped when many major platforms switch to PoS mining. I can not call this action mining, but others call it that. What happens when the last coin is produced, I do not know. Most likely the price will start to decrease a little.
Mining of crypto currency is very useful in any case. He brings a lot of money to our sphere. Especially as long as the limit of the number of coins is not obtained)
I also think and believe mining won’t stop. It’s an added appeal to cryptocurrency, no matter
how extensive and time consuming or costly it is, mining is a vey popular and reliable mode
for a lot of people. Other than investing and trading, mining has proven to be a efficient
means on procuring free available crypto currencies. It’s a captivating industry nowadays.
how extensive and time consuming or costly it is, mining is a vey popular and reliable mode
for a lot of people. Other than investing and trading, mining has proven to be a efficient
means on procuring free available crypto currencies. It’s a captivating industry nowadays.
I don't think mining will ever stop, except if crypto fades away. And I don't think that's happening soon.
The point is mining of bitcoin will soon stop because it's reaching its limits, but it doesn't stop other altcoins to be mined. So mining continues
The point is mining of bitcoin will soon stop because it's reaching its limits, but it doesn't stop other altcoins to be mined. So mining continues
Hello people, i'm new in the crypto worlds , i have two questions please i need logic answers .
1 - will mining will ever stop
?
2 - what will happens when the cryptocurrency reaches it limits ( example : bitcoin 21M , ETH .... , and other curriencies ) ? will they win money after the currencies reaches its limits ?
thank you !
As much as transactions still exist on the blockchain, mining will continue. Miners are the ones who confirms transactions through their hardwares. 1 - will mining will ever stop
?2 - what will happens when the cryptocurrency reaches it limits ( example : bitcoin 21M , ETH .... , and other curriencies ) ? will they win money after the currencies reaches its limits ?
thank you !
Blockchain can never reach it limit as long as miners exist. They are the one creating new tokens
Hello, the mining will never stop. It should not stop I guess, or all the transactions will not be confirmed. No transaction will be processed if the miners stops from mining.
Hello people, i'm new in the crypto worlds , i have two questions please i need logic answers .
1 - will mining will ever stop?
2 - what will happens when the cryptocurrency reaches it limits ( example : bitcoin 21M , ETH .... , and other curriencies ) ? will they win money after the currencies reaches its limits ?
thank you !
Surely the tap will never stop. There are some cases where operators will stop that is that people hold and never sell pennies on exchanges after exploited. But this will never happen1 - will mining will ever stop
?2 - what will happens when the cryptocurrency reaches it limits ( example : bitcoin 21M , ETH .... , and other curriencies ) ? will they win money after the currencies reaches its limits ?
thank you !
I think mining dont stop. Because if it will be, cryptocurrency will lose the value. There is no need to worry in recent years.
Mining will stop when it will become no profitable anymore. Another variant it's when costs on electricity will become very high. Moreover, mining can stop if government will forbid cryptocurrency.
Yes the mining will stop when the cryptocurrency will lose the value and come to the electricity bill for home use our government will fix some units if it exists then they will come and check our house, if you have a commercial connection then you can set up your rig but govt forbid cryptocurrency then we can't do anything. 
Hello people, i'm new in the crypto worlds , i have two questions please i need logic answers .
1 - will mining will ever stop?
2 - what will happens when the cryptocurrency reaches it limits ( example : bitcoin 21M , ETH .... , and other curriencies ) ? will they win money after the currencies reaches its limits ?
thank you !
1 - will mining will ever stop
?2 - what will happens when the cryptocurrency reaches it limits ( example : bitcoin 21M , ETH .... , and other curriencies ) ? will they win money after the currencies reaches its limits ?
thank you !
We see that mining of Bitcoin has become a difficult but there are many other coins that could be mined. Litecoin is the only one good example. If some coins can not be mined. They have been replaced by others.
I think mining will stop only when the market will be dead, as there are always new coins to be mined. But in the future it will not be so profitable and in trend like now.
I do not think mining will never stop, so if that happens, the whole bitcoin system might actually collapse. In cases where it reaches its limits, in order to maintain operations, these miners will rely on too much transaction costs, but BTC has 4 million remaining coins and I think all the remaining BTCs will be mined after 100 years. From time to time difficulties to mine BTC is increasing.
Future of mining for countries with cheap electricity confirmation times and complete blindness on who else is contributing at that same time. Its literally impossible developed for the blockchain to run by themselves !!
Mining will stop when it will become no profitable anymore. Another variant it's when costs on electricity will become very high. Moreover, mining can stop if government will forbid cryptocurrency.
The blockchains depends on the processing power that is produced by the hardware of the miners for it to run properly, without miners then our cryptocurrency transactions will not go through neither would they confirm. Miners are still very much needed to the network. Until some other way is developed for the blockchain to run by themselves then we need miners
But how if the network is using POS instead of POW, due to 51% malicious attack recently?
The blockchains depends on the processing power that is produced by the hardware of the miners for it to run properly, without miners then our cryptocurrency transactions will not go through neither would they confirm. Miners are still very much needed to the network. Until some other way is developed for the blockchain to run by themselves then we need miners
It depends on how many years the bitcoin will reach its limit. At this rate, there is no need to worry in recent years.
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