Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Halving - here's the math
by
Kakmakr
on 16/05/2016, 08:01:50 UTC
A lot and usefull information you letting me know about all prediction and period in just one single post,well the concept of bitcoin distribution its amazing,and at the moment all people know thats there is a limit till 2140 but the question is what will happen in 2041 as the mine will be over,miners wont turn off,otherwise the security of bitcoin would be lost.

Miners will continue mining, because in theory the transactions will increase and then the miners fees will be more than the block rewards. Miners will then compete for the bigger miners fees and not really for the block rewards. You will also find that big businesses will rely on the Bitcoin network and will build infrastructure to support mining to keep their other businesses going.

This is still a theory and that's why we still call it an experiment. ^smile^