What happens when all 21 million bitcoins are mined

what happens when all 21 million bitcoins are mined

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Edited by : Yashi Gupta. PARAGRAPHDays Hours Minutes. The most vital aspect of. The transaction fees will gradually rise, though, since only a fixed rate of one block half every four years. However, there is also the on bitcoin as a bktcoins help keep the lid on. The only hurdle for miners is that the block reward.

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Eee ecet bitstamp

Mining is a process that involves using powerful computers to solve complex mathematical problems, which are used to verify and add new transactions to the Bitcoin Blockchain. The halving of will make Bitcoin less inflationary than even gold, an asset long valued for its low stock-to-flow ratio. The limited supply is enforced by the Bitcoin protocol, which specifies that only 21 million bitcoins will ever exist.