Topic: Will mining will ever stop ? - page 9. (Read 4836 times)
I think proof-of-work consensys is the most reliable and time-tested nowdays, so the mining will exist as secure way to ensure reliable operation of the network.
I do not think mining will ever stop because yhetb will always be coins to be
And even there will always be the rich and lazy who will prefer to buy mining engines
Than actually invest real time
But still it depends on the coin to be minded and the supply
And even there will always be the rich and lazy who will prefer to buy mining engines
Than actually invest real time
But still it depends on the coin to be minded and the supply
At some time in the future the bitrate will be heavily exploited and mining will be reduced gradually because the amount of bitcoin has been dug many
I believe mining will never stop because the bitcoin network will die without miners.
Mining will never stop, as the larger bitcoin that the community has developed has become more and more valuable.
Mining will never stop, as the larger bitcoin that the community has developed has become more and more valuable.
Mining can't be stopped, it won't stop, and mining can't be stopped if you want to maintain the operation of the entire network. When the BTC 21M was completely developed,. I believe that the price of BTC will surprise everyone.
The current understanding of mining will never stop, and the mining stop represents the loss of circulation of coins. The loss of circulation of coins means that they are eliminated. This cash will be eliminated. The cryptocurrency will not be eliminated.
prizes in the mine are always deducted each time. This certainly will make the results of mine became less and less and much less if the want to have reached its limit. but certainly a lot of altcoins that can be mined and of course if one is reached in the course will continue popping up new ones and this will continue to be sustainable. so maybe mine will continue to happen but not on coins that have been great at the moment but on the new coin kept popping up.
For me, it will never stop because if it stops blocking the transaction. Blockchain also develops every day, you cannot stop mining because if that happens, no more transactions will be processed.
Government can stop the mining. Otherwise it won't stop.
I believe its not gonna happen.
No because the reduction of profit from mining takes part of the miners, while the complexity decreases which increases the profitability of mining. Ie at any price, mining will be profitable to someone)
The level of difficulty of mining is always increasing, if prices continue to decline then miners do not get profit so they choose to stop rather than lose, I am sure that someday mining will stop and circulation of coins is from the market.
I think that as long as the mining is profitable, it will never stop. Of course, the mining profits are big and small. If the mining profit is very large, the mining will become very crazy. On the contrary, if the mining is unprofitable or profitable, Oh, then it might stop, it all depends on the profit.
Mining is at the heart of blockchain technology and allows for decentralization.
This concept has proved its work. But most likely, in a couple of years we will see crypto evolve and be offered a real alternative that does not consume as many resources.
This concept has proved its work. But most likely, in a couple of years we will see crypto evolve and be offered a real alternative that does not consume as many resources.
I think mining will never stop as long as there are coins that can be mined and if supplies reach the limit, then we can move to another coin that will give us an advantage. even if all Bitcoin has been mined, miners still have to keep running to confirm the transaction.
I don’t think so since the concept of mining in cryptocurrency is very vital. Many investor get touch with it so it’s hard to tell when it will stop.
The world of crypto is changing every minute. I believe that it will not stop. And there will be many ways to get coins.
Classic Proof-of-work technology is not the optimal solution and I think that masternodes system is better. Anyway mining system is supported by videocards producers, it is big market and big money.
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 feel that mining will never disappear or stop. because whenever mining is always there. even though the situation is uncertain but mining remains.
In the near future, such a phenomenon as mining will not disappear, but the profitability from mining will gradually decrease and in the end, mining on video cards will become unprofitable. But it will not happen soon, I think in 8-10 years exactly.
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