Please ban user "Shopping Coin Official"
https://bitcointalk.org/index.php?action=profile;u=2070758This user copied my post in the same thread. My post.
If miner stop mining then there will be no value to bitcoin. Miner not only mining new bitcoins but also confirming the transactions too.
If there is no miner, than no transaction will happen.
In others words, that day Bitcoin will not have any value, because if I say ,somebody want to sell it cheap but transaction from his wallet to seller wallet will not happen and then why should pay for something that you will not receive.
Copied post:
No, If miner stop mining then there will be no value to bitcoin. Miner not only mining new bitcoins but also confirming the transactions too. Ifthere is no miner, than no transaction will happen. In others words, that day Bitcoin will not have any value, because if I say ,somebody want to sell it cheap but transaction from his wallet to seller wallet will not happen and then why should pay for something that you will not receive.
Archived for reference:
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