Topic: Will mining will ever stop ? - page 40. (Read 4836 times)
No it will not stop because it is one of good reward system or incentive to maintain the blockchain network.
Mining will not stop until there are coins playing in the cryptocurrency market. If whole bitcoin currency get consumed by its miners and investors. Then people/ investors will shift their investing to some other coins i.e Altcoins . There are more than 1000 altcoins get introduced in market since 2009. Many banks are planning to bring their own altcoins. So there is no end to mining business/ industry.Just you have to shift or change yourself according to business directions. It is always said live your money not your investments.
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 !
it is easy to know mining bitcoin or any other coins on the market will not stop, at least for a very long time, there are still many coins on the market to mine, so if 21 million of bitcoin is mined, we can change to mining bitcoin transactions fee, or mine another cryptocurrency. 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 !
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 !
Yes, because it's a joke! Is not reasonable to burn so huge amounts of energy when PoS is better and Hashgraph is safer. Coins with PoW must evolve or die.
Mining will not stop although it may change in nature. When the cap of certain coins are reached then miners will get paid by transaction fees.
At such rates, I think that mining will not be completely eliminated, because today tokens that are traded on the market are very cheap, it's more expensive to burn electricity to create or as a friend say the extraction of these tokens, so when the market in such a situation I think mining is not liquidated
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 !
I think there is always that chance for that to happen. Mining is the process of earning bitcoin through the web, by solving different internet logarithms, you can generate a quantity of bitcoin. However, it has been said in many articles that the more bitcoins going around and about the market circulating, the more difficult it becomes to mine. Therefore, using that premise, I think there are three instances that could actually stop mining. First, is when the market cap is reached, which would happen but not in the near future since 21M is still a big value to fill. The other is if most, if not, all miners would see mining as a non-profitable, or worse, losing means of getting bitcoin, and so, all miners would be forced to stop. Lastly, if a government bans all bitcoin mining activity, then that would be a reason to stop mining as well.
Yeah sure. New tech will soon replace mining as we have seen with many recent project. mining consumes more power and resources
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 !
mining can never be stopped because first there are many coins on the market that so worthy for us to mine, however in bitcoin case, its total supply is just 21 million, so when we have mined all 21 million bitcoin, there wont be any bitcoin to mine, so the other way is to mine altcoins or mine bitcoin transaction fee. 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 !
Much has already been said here that mining will never stop and I, too, have to accept this fact, so I also think that mining can not die, for one simple reason, as long as the Crypto currency is used, POW mining will exist.
I doubt it'll ever stop mining, since people always look for a way to one-up others and gain some extra money but I do think the amount of people mining will decrease in the future.
Especially if some governments start getting into the mining scene as well, kinda hard to compete with that.
Especially if some governments start getting into the mining scene as well, kinda hard to compete with that.
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 !
POW mining has to stop because is cancer for the planet , so much wasted energy for nothing!
I think mining will never stop nor depleted. People will just look for another mine site if ever. It a never ending cycle here at crypto world.
I think one day it will stop. It will be like in the ordinary world, when 80% of the wealth will be in 5%. Even now, corporations that produce video cards and PC components earn on their own more than 80% of the profits of all miners.
I'm hoping it won't stop but looking at the new entries into crypto currency there are not that many that are mineable. This is also true looking at the existing ones. It's well over 10 non mineable coins to 1 mineable coin. With that in mind it could become an issue, especially for those without the resources of the big miners to go after the coins.
In case you are talking about POW (proof of work) mining, then I guess it will become less popular in future, because of the amount of electricity it consumes. Most coins, including Ethereum are moving towards POS (Proof Of Stake). As for the Bitcoin, I think it will continue, till it can, because transactions will still need POW to get verified even after all the Bitcoins have been mined. Miners will then earn money in form of fees, and not new Bitcoins.
I think It wont stop for next two years or more. However mining probably will be less profitable then now. I believe in words of Vitalik Buterin, only two years and no more.
It won't stop because mining Bitcoins and other altcoins is a mandatory thing for the blocks to keep going without blocking the whole network. 
I really hope so but dont rely too much on the mining. You may try to join bounty campaigns and from there you can earn more, i really dont prefer mining
interesting thing wil happen when ETHEREUM will go PoS
many gpu`s are mining ETHEREUM, there will be too much free hashpower spreading
many gpu`s are mining ETHEREUM, there will be too much free hashpower spreading
I'm looking forward to have a PoS wallet minting ETH and generating passive revenue like I'm doing now with other PoS coins.
Mining will never stop, not only because is at the core of the PoW mechanism but also because there will always be a profitable coin to mine at least for those with free electricity.
But the future will be PoS, no question about that!
If minning stop then cryptocurency stop, because minning is what keep the transaction going.
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