Cryptocurrency Q&A How long will mining last?

How long will mining last?

Eleonora Eleonora Tue Dec 10 2024 | 7 answers 1060
I'm curious about the duration of mining activities. Specifically, I want to know how long mining operations are expected to continue or sustain, considering various factors like resource availability, technological advancements, and environmental impacts. How long will mining last?

7 answers

Riccardo Riccardo Thu Dec 12 2024
The process of Bitcoin mining has undergone significant changes since its inception.

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ethan_thompson_psychologist ethan_thompson_psychologist Wed Dec 11 2024
According to this halving schedule, it is estimated that all Bitcoins will be mined by around the year 2141.

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Arianna Arianna Wed Dec 11 2024
Initially, miners were rewarded with 50 BTC for each block they successfully mined.

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BitcoinBaron BitcoinBaron Wed Dec 11 2024
By this time, the block reward will have decreased to zero, meaning no new Bitcoins will be created through mining.

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Maria Maria Wed Dec 11 2024
However, this reward is not static and undergoes a halving process every 210,000 blocks.

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