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According to [1], in 2140 each block will give 0.00000042 BTC (big guess based on mining trends). The reward per block goes down as the number of remaining coin
by berbec 8y ago
According to [1], in 2140 each block will give 0.00000042 BTC (big guess based on mining trends). The reward per block goes down as the number of remaining coins reduces.
This introduces a very unstable system. If the price of bitcoin doesn't (double + increase with inflation), as the block reward shrinks, the rewards will become useless.
1: https://bitcoin.stackexchange.com/questions/10486/when-will-the-last-bitcoin-be-mined https://bitcoin.stackexchange.com/questions/10486/when-will-...