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Topic
Board Beginners & Help
Re: What happend 2140 all BTC are mined
by
butka
on 03/05/2018, 10:32:50 UTC
Yes after 2140,there would be no more blocks to mine bitcoin and hence there would be no more rewards for miners for confirming transactions.
In fact there will still be blocks to mine, because without new blocks there would be no possibility to record new transactions in the blockchain. However, there will be no reward in the form of coinbase transaction (the first transaction in the block included by the miner to collect the block reward). There will only be a reward as a sum of all transaction fees included in the newly mined block.