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Author Topic: Will mining will ever stop ?  (Read 597 times)

Offline DashCall

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Will mining will ever stop ?
« on: September 22, 2018, 02:19:27 PM »
Hello people, i'm new in the crypto worlds , i have two questions please i need logic answers .

1 - will mining will ever stop Huh?

2 - what will happens when the cryptocurrency reaches it limits ( example : bitcoin 21M , ETH .... , and other curriencies ) ? will they win money after the currencies reaches its limits ?

thank you !

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Will mining will ever stop ?
« on: September 22, 2018, 02:19:27 PM »

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Offline maklampir

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Re: Will mining will ever stop ?
« Reply #1 on: September 22, 2018, 02:40:31 PM »
Bitcoin mining activities are later predicted to only make the perpetrators lose money, but it actually makes them become more desperate.

Bitcoin mining is predicted to use 0.5% of total global electricity consumption by the end of this year. Even though the numbers seem a little, the costs still need to be very large and can make the miners no longer benefit from the activities of dredging one of the cryptocurrency types.

Offline DogeTalk

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Re: Will mining will ever stop ?
« Reply #2 on: September 22, 2018, 02:43:00 PM »
I think if the miners are getting more then the rewards will be less. In 2 or 3 years, the bitcoin stock will run out. this will make bitcoin prices expensive.

 

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