Re: 51% problem still existant after all coins have been mined ?

Quote from: Simon8x on July 25, 2014, 04:03:00 PM

Quote from: 42246709215 on July 25, 2014, 01:04:38 PM

But if the majority will stop mining and miner hardware will get very cheap it should be extremely easy to get control over 51% mining power then ?

Some will keep mining for tx fees. Some will keep mining to keep bitcoin alive. Some will mine for fun.

I think the only reason people will mine will be for financial reasons. Hopefully by this time the amount of TX fees will be enough so that miners will be able to cover all of their costs.