Hi, I just joined this forum. I have searched various articles on bitcoin, altcoin, and the use of cryptocurrencies. In every article it is mentioned that bitcoin is only 21Million BTC to be mined. then my question is, What happens if all bitcoin (21Million BTC) has been mined? Are miners going to mine alt?
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When BTC bitcoin is finished being mined, miners can still get rewards from transaction fees, while block rewards are no longer obtained.
It could be, competition in the crypto world is increasingly interesting because many new altcoins are competing to offer interesting innovations. If there is potential, it will be very beneficial for miners.
or supply will be added? please explain to me so that I can understand more.
Is the supply added? of course not. The system that applies to BTC has been designed in such a way and there are only 21 million available. This is a very good strategy, especially when the popularity of BTC increases, the number is limited, over time it becomes a rare item of high value.