Post
Topic
Board Bitcoin Discussion
Re: What will happen if all 21 million bitcoins are mined?
by
CryptoHeadlineNews
on 24/08/2024, 17:47:34 UTC
Year 2040 is still a long time to go. .
I guess what you meant was 2140 when the last Bitcoin block will be mined, right?

quote author=CheapYoutubeHits link=topic=5507182.msg64459339#msg64459339 date=1724504514]
Is it like the more people mine the higher the difficulty be same as the more transactions there are the higher the fee will be?
[/quote]
Yes, that's true, because I can remember when Bitcoin was been mind with the use of an ordinary P.C back then when it has got little or now value, and the more it got mined, the higher the difficulty and high fees, which is what to expect, but the beauty about it is that no matter how difficulty mining gets, or transaction cost, it can never stop people from investing in it.