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Board Beginners & Help
Re: What happend 2140 all BTC are mined
by
batang_bitcoin
on 03/05/2018, 09:43:51 UTC
What happens in 2140 when the last BTC was mined with the confirmations of the transactions in the blocks and thus with the block rewards. There should not be more BTC than Rewards, because 21 Mill BTC were gemined.
How are the transactions then confirmed?
Miners will still do the job and they will now mine to confirm transactions and they'll earn through the tx fees. Read these articles for better understanding.
What Happens to Bitcoin After All 21 Million are Mined?
What Happens to Bitcoin Miners When all Coins are Mined?