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Can someone tell me whether this is ever going to change? When the last bitcoin is mined?
by DanielleMolloy 7y ago
Can someone tell me whether this is ever going to change? When the last bitcoin is mined?
- Rebelgecko 7y agoNot even then, and that won't be for a while. Even though about 85% of all BTC have been mined, the process gets exponentially slower the closer you get to the final blocks. After the last BTC is mined, miners will still presumably be able to profit from block transaction fees. That might help power a little bit since they'll worry more about being efficient with which transactions go into a block.
- iopq 7y agoBlock reward halves in about seven months, if the price doesn't go up, miners will start turning their rigs off.