Post
Topic
Board Economics
Topic OP
Is Bitcoin viable?
by
Shin Na
on 21/01/2021, 03:01:53 UTC
This might have been answered elsewhere but couldn't find it, if it has.

The miners get paid less and less as time goes on. 
With the ledger also growing bigger and bigger, wouldn't the cost of mining start to exceed the profitability of mining?  If no one would mine bitcoins anymore, wouldn't it shut the whole system down?