Fate of Miners after all bitcoin are mined.

[Ionescu 115]

No, miners will not stop receive rewards. Do you think that after all bitcoins are mined the fees will be free? Of course not you will still be necessary to pay fees and those fees go to miners for confirming your transactions

[el-Muhammady 718]

I think the fees of bitcoin will definitely rise of avenue and they will not be capable to meet a batch of miners for the reason that like you understood they will not greet their building block reward therefore it will be fantastically harsh period of time
 

[steve197 522]

as we all know that there is 120 more years of mining bitcoin but tell then there will be a lot of otherbig cryptocurrencys that our children or our grandchildren could mine 

and it will be as big as the bitcoin is right now 

[Sasaki 171]

Well maybe it that's there end but of course it will still continue, and the truth is we can't expect what can be really happen if that's happened. 

[KURTAULI 1297]

Your opinion has a point, because after all 21 million bitcoins succeed in the mine. Then what remains is only enable fee.This will make the price of bitcoin more expensive, because the amount in circulation is very limited and can no longer be mined. But interestingly if there is no mining for bitcoin, whether bitcoin will remain as strong as it is today. Or instead will appear new coins that makes bitcoin replaceable.

[Honny143 13612]

😎😎😎 bitcoin limits 21 million when the miners mine all bitcoins  then the bitcoin Prince goes high because when supply reduce then price pump up high and this month  bitcoin halving still remains when its happen the blocks also reduce  and bitcoin transaction fees also increase but so many other coins take place bitcoin

[Emma 611]

On 12/10/2019 at 3:16 AM, Digicoin said:

People do ask what would happen to miners after the whole bitcoin has been mined?

After the last halving, miners will stop receiving block rewards. The second source of revenue for miners is transaction  fees. This will be the only sources of reward for miners.

Yes they will only earn from the fees that we pay at the time of making a transaction. i think, the transaction fee will increase. so, it is not the fate of miner, it is our fate.

[Investors Blog 385]

On 12/10/2019 at 5:16 AM, Digicoin said:

People do ask what would happen to miners after the whole bitcoin has been mined?

After the last halving, miners will stop receiving block rewards. The second source of revenue for miners is transaction  fees. This will be the only sources of reward for miners.

This coming halving only the transaction rewards will be reduce to 6.25 BTC per block so it will never stop giving out rewards to miners and yes once all the bitcoin has been mined, Miners can still earn good amount of BTC from all the transaction fees.

[Hassan457015 2]

Bitcoin is the first network of restaurants operating in peer-to-peer to be fully managed by ... legal institutions, internet services ...

[Amirul Islam 382]

On 12/10/2019 at 3:16 AM, Digicoin said:

People do ask what would happen to miners after the whole bitcoin has been mined?

After the last halving, miners will stop receiving block rewards. The second source of revenue for miners is transaction  fees. This will be the only sources of reward for miners.

I think there will be another way for it. But mining won't be stable. Because after all bitcoin mined there will be no reward for them. I think Bitcoin lighting upgrad can solve future problems of that.

[Fadimah 191]

I guess they will move from mining bitcoin to mining other altcoins. Bitcoin developers will look for other ways to continue producing coins. So I don't think they will lose a lot.

[Amir YT 202]

On 12/10/2019 at 3:16 AM, Digicoin said:

People do ask what would happen to miners after the whole bitcoin has been mined?

After the last halving, miners will stop receiving block rewards. The second source of revenue for miners is transaction  fees. This will be the only sources of reward for miners.

I also thought about that. But i won't get any solution for that. I think miners will vanish after all bitcoin mined. Because there will be no more bitcoin for generate and we cann't create extra bitcoin for it. Lets' see what will happen in future.

[Captain Karim 0]

Frankly, this question cannot be answered before 2140, that is the end of mining, we do not know what will happen at that time because relying on mining fees only will not be profitable.

[Raqeebzy 6456]

Mining is just another way of making bitcoin. So after all bitcoin are mined and the production of bitcoin is seized, miners find an alternative way of making cryptocurrency which will fetch them some, less than the quantity of mining though. Trading is the best alternative. 

[deepown 0]

58 minutes ago, xassfarabi52 said:

I think everyone wants to reduce the price of crypto gas, so no one else can think of cryptocurrency, but it's not that cryptocurrency transactions are going down. So if the program is anything, it will come back like before, but those who are probably losing money now.  They know that there will be more growth in the future

Yes, but we only hope that future would venture soon, we ain't got all year, this drop is a pain in the economy.

[khan22 3478]

On 1/28/2020 at 2:55 PM, CoinForCrypto said:

The feeling for making will on my be from transaction and not making reward again. You are right. 

Peoples will know that if all the coins are mined than they can generate the other coins and launched in the market becasue so many peoples will saw the future of the crypto in all over the world and they can make good money through this business.

[George10 9932]

That means no block rewards for miners after the last halving of btc  and this will be a hard time for them and what would happen to mining farms but this will also cause the price of btc to be more expensive.

[Whited35 15285]

I wonder to know an answer for a question, if the 85% Bitcoins are already mined and in the Bitcoin halving event, 50% of the Bitcoin will be rewarded to the miners. So after all the Bitcoin is mined, there is only one way to give them reward that is transactions fees paid by the users? 

[rianpedia 816]

On 3/5/2020 at 5:14 PM, CryptoBitCrypto said:

There will always be miners. Transaction fee will increase. Not in bitcoin but in dollar. This will be their reward. 

The services of bitcoin miners are that they speed up our transaction process from our wallet to the destination wallet. deserve a prize from the block services he provides.

[nickoman987 1040]

As far as I know, the last bitcoin mining plan will be around 2060, by that year there will be more than one generation of miners. After the cessation of mining, miners as a profession will simply die out and soon they will all go simply to trade.

[Lover840 0]

On 12/10/2019 at 2:46 AM, Digicoin said:

People do ask what would happen to miners after the whole bitcoin has been mined?

After the last halving, miners will stop receiving block rewards. The second source of revenue for miners is transaction  fees. This will be the only sources of reward for miners.

Hello my dear friend if this happens then obviously the transactions fee will be increased by a lot. And it will became really hard for the miners as they will not receive the block rewards 

[Upright 2688]

The thing is mining company will still be done,as they will be of the reliance of the fees of the Bitcoin transactions, as I heard that mining is associated with the transactions and transfers of bitcoin, but that will be hard as mining now will be of less gains than when all the bitcoins have not yet been mined

[Treat1234 0]

That very bad for miners, but even the transaction fee is also a reward to them, and it will be better if there is alternative for a better profits for the miners

[Abiaan 1209]

On 12/10/2019 at 3:01 AM, Digicoin said:

People do ask what would happen to miners after the whole bitcoin has been mined?

After the last halving, miners will stop receiving block rewards. The second source of revenue for miners is transaction  fees. This will be the only sources of reward for miners.

after halving they get rewarded but only half of it than present days , if all the bitcoins are mined then there are alternatives like starting to mine Ethereum , Ripple , Litecoin , soon their equipment wont goes on waste

 

[Thekingcallme 1975]

I don't know exactly what will happen when miners finish mining and extracting all the bitcoins, but fees may increase and another solution may appear. We don't know.