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.
7 answers
Riccardo
Thu Dec 12 2024
The process of
Bitcoin mining has undergone significant changes since its inception.
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.
Arianna
Wed Dec 11 2024
Initially, miners were rewarded with 50 BTC for each block they successfully mined.
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.
Maria
Wed Dec 11 2024
However, this reward is not static and undergoes a halving process every 210,000 blocks.