Post
Topic
Board Bitcoin Discussion
Re: What happens if bitcoin mining stops or becomes too expensive?
by
Bear2Bull
on 02/08/2025, 02:43:52 UTC
What happens if bitcoin mining stops or becomes too expensive? Is that within the realm of possibility? Are there mitigating factors, probably the adoption of renewable energy?
https://www.talkimg.com/images/2025/08/02/UHV87Z.png
Whether it's renewable energy or non-renewable energy, you will lose energy. If you consume energy and lose money while mining, it's natural not to mine. If mining stops, Bitcoin will dominate the market with the same amount of supply as it has. However, the current price of Bitcoin will not remain the same in the future, and if this price remains, mining companies will go bankrupt and stop mining. If the big mining companies stop mining Bitcoin, then there will definitely be a severe impact on the market.
In 2024, the Bitcoin halving block reward was 3.125, but if you calculate it, the block reward in 2080 will be 0.00019073. If the price of Bitcoin does not increase, the big mining companies will go bankrupt and they will close their companies and say goodbye forever.
Your analysis of the sustainability of Bitcoin mining amidst diminishing block rewards is spot-on. Mining is indeed an energy- and cost-intensive activity, and without adequate financial rewards, the incentive to continue is lost. If the Bitcoin price does not appreciate significantly to offset the declining rewards, large mining companies will face bankruptcy, forcing them to cease operations. This would have a serious impact on the Bitcoin market, which relies on miners for transaction verification and network security. Projections of a near-zero block reward decline by 2080 clearly demonstrate that future Bitcoin appreciation is crucial to maintaining profitable mining and ensuring the long-term viability of this decentralized network.