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by CP_Viking
Sat Feb 10, 2018 8:11 pm
Forum: Development & Technical Discussion
Topic: What happens to processing power when 21 mill coins are mined?
Replies: 6
Views: 3166

Re: What happens to processing power when 21 mill coins are mined?

Hi,

Most graphs show that by 2025 about 20 mill. of 21 mill. Bitcoins will have been mined - leaving just 1 mill. to reward the miners the next 100 years.

The cost of electric power is already critical for miners profitability.

Will the transaction-fees by 2025 be able to make bitcoin-mining ...
by CP_Viking
Wed Jan 31, 2018 3:38 pm
Forum: Development & Technical Discussion
Topic: What happens to processing power when 21 mill coins are mined?
Replies: 6
Views: 3166

What happens to processing power when 21 mill coins are mined?

Hi,
I might be wrong, but as i understand the Bitcoin-miners are a part of the big independent computing-network that provides a lot of the benefits with Bitcoins. What happens when - in not a too distant future - all the 21 mill. Bitcoins are mined? The mining "power" will not have any incentive to ...

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