I've been hearing a lot about
Bitcoin recently and its value has been fluctuating wildly. With so much uncertainty in the market, I'm wondering if Bitcoin is ending soon or if it still has a future.
5 answers
Martina
Mon Nov 11 2024
Once all bitcoins have been mined, miners will face a significant change in their reward structure.
RiderWhisper
Sun Nov 10 2024
According to estimates, the year 2140 is the projected timeline for all bitcoins to be mined.
CryptoPioneer
Sun Nov 10 2024
The current system rewards miners with both block rewards and transaction fees for verifying transactions.
Claudio
Sun Nov 10 2024
But after the last
Bitcoin is mined, miners will no longer receive block rewards.
charlotte_wright_coder
Sun Nov 10 2024
Instead, they will rely solely on transaction fees to earn income for their work.