Post
Topic
Board Bitcoin Discussion
Re: What will happen when the last Bitcoin gets mined?
by
grimico33
on 27/04/2020, 09:00:46 UTC
Will the whole system shut down because Bitcoins are no longer awarded for mining new blocks? Probably not. Bitcoin miners are also awarded transaction fees, and these fees should keep Bitcoin afloat. As the the price of bitcoin increases, the fees allocated per each transaction will also increase.