Post
Topic
Board Beginners & Help
Merits 1 from 1 user
Re: What if Bitcoin runs out?
by
mk4
on 15/04/2018, 15:54:37 UTC
⭐ Merited by Welsh (1)
Miners will solely earn their rewards from the transaction fees alone.

I want to ask, what will happen when bitcoin runs out. The amount of Bitcoin that can be mined is only 21 million. What is the fate of the miners and when will it happen?

My knowledge regarding rhis currency is Limited, but I highly believe that the splitting of the Bitcoin that was happened last few years will be the redemption of this scary scenario, I guess admins and oir fellow geniuses regarding technology will make a way for this forum to still functional and the workers were still allowed to attain profit to this innovative currency.
Just to make it clear, bitcoin is and was never made to earn people profit; and people earning here in bitcointalk through bounty campaigns has ZERO connection with bitcoin mining. You definitely need to read more on what mining actually is: https://www.coindesk.com/information/how-bitcoin-mining-works/