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As far as I understand it, there's not a finite number of coins that can be mined. What could happen is the cost of mining could exceed the value derived from i
by the_gastropod 9y ago
As far as I understand it, there's not a finite number of coins that can be mined. What could happen is the cost of mining could exceed the value derived from it. This already happened for some classes of miners (e.g., those without powerful GPUs)
- Nursie 9y agoThere is a set quantity of bitcoin that can ever exist, and mining rewards reduce over time until it is all mined.