Linked Questions

12
votes
3answers
26k views

What happens when the 21 million cap is reached? [duplicate]

I've just recently gotten into bitcoin, but I'm a bit confused about this 21 million bitcoin cap. From what I've read, computers on the bitcoin network validate transactions, which confirms the ...
2
votes
1answer
9k views

What happens when there are no Bitcoins miners anymore [duplicate]

So if I'm not wrong, the proof of work is the way to validate all the transactions in a Block. The miner gets (at the moment) 12,5 Bitcoins as a reward for each validated block. So my question is: ...
4
votes
3answers
3k views

What will happen when all bitcoins are issued? [duplicate]

In 50 years or more from now, what will happen with bitcoins when all of them are issued? Will mining stop and will there only be a limited amount of bitcoins in circulation?
0
votes
1answer
355 views

When the last Bitcoin block is mined, how would transactions continue? [duplicate]

If transactions are stored in Bitcoin blocks through Merkle trees, when the last Bitcoin block is mined, how would there be future Bitcoin transactions? Where would those transactions be stored on?
1
vote
1answer
275 views

What if Bitcoin gets to the point that all the coins have been mined? [duplicate]

What if Bitcoin gets to the point that all the coins have been mined? There will be lots of transactions and no one to process them. My question is who will do all the transaction processing when ...
1
vote
1answer
298 views

Who will verify any transaction when the upper bound to total number of bitcoins is reached? [duplicate]

I've read that there will be around 21 million BTCs. (How many bitcoins will there eventually be?) Also, to my beginner understanding, it seems that miners verify the active transactions. (What are ...
0
votes
1answer
383 views

After 21 million bitcoins [duplicate]

After 21 million bitcoins miners will be paid certain transaction fees but I need your guidance for clarifying following confusions:- Currently solving a block gives you 25 bitcoins but what is the ...
1
vote
0answers
34 views

When all bitcoins have been mined, how can the Block Chain's interaction be supported? [duplicate]

I've understood for a while that bitcoin mining was a process that required computers to solve increasingly difficult problems in order to mine a block. It wasn't until now that I realized those "...
0
votes
0answers
31 views

End of Mining intention [duplicate]

If every block generated all 10 Minutes to validate a transaction, and the last bitcoin will generated in 2140. And there is no limitation of blocks.. Whats after 2140, because all miner have no ...
1
vote
0answers
14 views

Mining incentive and bitcoin limit [duplicate]

As I understand it mining provides the security for the blockchain in that it makes it hard to forge a transaction. The incentive for finding eligible hashes is a reward in the form of Bitcoin. As ...
116
votes
10answers
41k views

How much will transaction fees eventually be?

Some people keep evangelizing that Bitcoin transaction fees are much lower than in PayPal or with credit cards. However, once nearly all 21 million bitcoins have been mined, the network will still ...
59
votes
7answers
157k views

How many bitcoins will there eventually be?

Since bitcoins are being regularly rewarded to miners, will the number of bitcoins continue to grow indefinitely, or will there be a maximum total number of bitcoins in existence? And if there is ...
45
votes
3answers
13k views

Will there be 21 million bitcoins eventually?

Every x blocks the mining reward is halved. Will the reward be halved forever such that we never quite reach 21 million bitcoins, or will we reach 21 million bitcoins at some point and will the reward ...
22
votes
6answers
18k views

What happens to the bitcoin network when the miners all stop in the future?

What happens to the bitcoin network when the miners all stop, years in the future after all the bitcoins have been mined? How will the network continue to function? Won't bitcoins then be useless? ...
25
votes
2answers
5k views

Will all 21 million units be completely mined one day?

It is written that the supply of Bitcoin units is limited to 21 million and that this limit will approximately have been reached around the year 2030. But is there an actual "last Bitcoin" (or "last ...

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