Post
Topic
Board Beginners & Help
Re: How long will we be able to mine?
by
Archatos
on 22/06/2011, 21:00:24 UTC
Mining will go on forever, however new blocks will stop being created somewhere around 2130, if my memory serves. (Actually 2140, just checked)
So that is when the 21,000,000th bitcoin is generated?

Though, from what I'm seeing, the speed of which blocks are generated will depend on the available hardware? So how would it be possible to calculate this, considering we have no idea what power hardware will have in the future. Even predicting the power of hardware a couple of years ahead is close to impossible.