Post
Topic
Board Economics
Re: Within 2 years, effectively 85% of all bitcoins are mined!
by
leannemckim46
on 20/09/2014, 02:56:45 UTC
Sometimes I wonder what will happen when all the bitcoins will be mined,like the king of coins will be gone from mining.How will it effect the crypto world then?

Miners will be competing for transaction fees...
I think this could potentially negatively affect the security of the network if not enough people are using bitcon by this time. If TX fees are not high enough then miners will likely not make enough to justify continuing to mine