Earn BTC by processing transactions. I'm more concerned near term with the consolidation of computational power in the hands of a few asic cartels.
If this has you concerned, there is a simple solution: go build some asics and hand them out for free to bitcoin community members ;P
Newb here, I was wondering what would happen to miners when the hard limit is reached? Would they all have to shut down because they wouldn't generate anymore BTC? Who/what would process transactions?
I'm pretty sure I've got it at least a little wrong here, if so, please explain
Thanks,
-Jet
I'm pretty sure I've got it at least a little wrong here, if so, please explain
Thanks,
-Jet
The search box at the top of the page (or using google site search) are your friends, this question has been asked and answered in hundreds of threads already.