Post
Topic
Board Bitcoin Discussion
Re: what happens when all the bitcoins have been mined?
by
X2PR8888
on 14/11/2017, 15:54:25 UTC
hi, can anyone tell me how long it will take to mine all the coins and what will happen to the network.


Total of 21 million bitcoin will be mined by 2140 so we might not be alive by that time. Bitcoin's price will be very high so that miners can be in profit even with just transaction fees and 0 block reward.

Bitcoin network is designed to run forever...

This is very good to know.  It's always nice to be reassured of the longevity of the bitcoin sysytem because you'll always have that reminder that it is never too late to start learning about it and actually using it.  🤗