Post
Topic
Board Bitcoin Discussion
Topic OP
What happens to Bitcoin in the long term?
by
enterprevic2
on 27/08/2020, 20:06:15 UTC
Question regarding the viability of bitcoin in the long term. From my understanding, the security of bitcoin comes from miners who verify the blockchain. What happens when there is so much halving that the reward for mining bitcoin is extremely low and the cost of verifying the blockchain for the miners exceeds the reward of their bitcoin?