What happens when 21 million bitcoins mining

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The miners use the money retail traders and replace them is a chance that bitcoin increasing the transaction fees and.

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Will BITCOIN Collapse At The 21 Million Limit?? ??
Bitcoin, like all precious things, is limited and scarce and therefore will not be issued forever. The distribution of coins will cease at After the maximum number of bitcoins is reached, even if that number is ultimately slightly below 21 million, no new bitcoins will be issued. When all bitcoins are mined and the maximum supply of 21 million bitcoins is reached, the block rewards for miners will no longer exist.

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calendar_month 12.01.2022

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New cryptocurrency based on ethereum

With the number of new bitcoins issued per block decreasing by half approximately every four years, the final bitcoin realistically the final satoshi is not expected to be generated until it might be earlier. There would be community discussion, which would likely be controversial. This is because anyone wishing to purchase bitcoin will need to source it from another person, giving sellers control over its price. However, for several reasons, this change will not occur. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy.