Post
Topic
Board Beginners & Help
Re: What exactly happens when all the 21 million Bitcoins have been miined?
by
memvola
on 10/10/2012, 06:40:41 UTC
it could be extended as well.  Wink

The reward is halved every four years and current transaction value precision is 8 decimals, so the reward will not be exactly zero for more than a hundred years, and 21 million bitcoins will never be mined completely.

If the precision is increased during that time, say the year 2112, then this period will be extended, but the total number will still be a bit lower than 21 million.