Post
Topic
Board Economics
Re: Mining BTC after 21M
by
skorupi17
on 03/02/2018, 17:36:29 UTC
So it is year 2024 and the max BTC supply is reached at ~21M. 

Wrong. We will be there approximately at the year 2140. The bitcoin as block reward or subsidy halves every 4 years that's way it will take much longer than you think.

Will it be economical to continue mining BTC going forward?

Hard to say but someone should've discovered something that would make the production of electricity cheaper. And also someone should've made something significant in making mining more efficient.

Is it possible that the S/W for BTC may be augmented to a semi POS type of system?

Not sure how to answer this but I doubt this will happen.