Cryptocurrency Q&A
Does bitcoin mining ever end?
Does bitcoin mining ever end?
EthereumEliteGuard
Sat Nov 30 2024
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5 answers
1145
I'm wondering if Bitcoin mining will ever come to an end. I know there's a limited number of bitcoins that can be mined, but does that mean the mining process itself will stop completely once all the bitcoins are mined?
5 answers
Tommaso
Mon Dec 02 2024
The mining reward for Bitcoin was initially set at 50 BTC per block.
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MysticRainbow
Mon Dec 02 2024
This reward undergoes a halving process every 210,000 blocks, meaning that the amount of BTC miners receive for each block they solve is reduced by half.
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Daniele
Mon Dec 02 2024
As a result of this halving cycle, the total number of Bitcoins that can ever be mined is limited to 21 million.
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IncheonBeauty
Sun Dec 01 2024
By around the year 2140, it is projected that all Bitcoins will have been mined, and the block reward will drop to zero.
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ethan_thompson_journalist
Sun Dec 01 2024
Despite the decreasing block reward, the total supply of Bitcoin will never exceed 21 million BTC.
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