Post
Topic
Board Bitcoin Discussion
Re: Increasing Bitcoin supply
by
emuLOAD
on 11/01/2018, 04:14:55 UTC
Miners increase available supply to increase _exclusively_ as long as we are below 21 million coins. As mentioned, mining rewards will reach 0 after a few years . because of the way bitcoin works, overall coin creation speed won't change regardless of power of mining.

How many years is a few years?

It halfs ever 210,000 blocks, which is roughly 4 years.
This is a nice countdown ^^ http://www.bitcoinblockhalf.com/

you can easily see how even in just 40 years time you'll half 5 times. In 2058 each block will be Worth little more than a hundreth of today (about 0.2 BTC), in 2140 bitcoin reaches asymtotic stagnation.