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Bitcoin mining is not programmed to end. It has two functions: issuing of new coins and safeguarding transactions. From these two only mining of new coins will
by rini17 6y ago
Bitcoin mining is not programmed to end. It has two functions: issuing of new coins and safeguarding transactions. From these two only mining of new coins will eventually end but it still is likely to stay profitable for many decades. Safeguarding transactions, with reward from transaction fees, is programmed to go on indefinitely.
- m00dy 6y agoI second this comment. Glad to see someone knows the actual protocol rather than speculating.