Cryptocurrency Q&A
What happens when 21 million bitcoins are mined?
What happens when 21 million bitcoins are mined?
SkylitEnchantment
Tue Dec 03 2024
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7 answers
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I'm wondering about the consequences or outcomes that will occur once the total number of mined bitcoins reaches 21 million. Will there be any significant changes to the Bitcoin network or its value?
7 answers
PhoenixRising
Wed Dec 04 2024
The most immediate impact of this limit is likely to be felt by Bitcoin miners.
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Tommaso
Wed Dec 04 2024
Miners rely on the issuance of new coins as a reward for their computational efforts.
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mia_anderson_painter
Wed Dec 04 2024
The evolution of Bitcoin will not lead to an increase in its supply beyond the 21 million coin limit.
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DongdaemunTrendsetter
Wed Dec 04 2024
Once this cap is reached, no new bitcoins will be released into the market.
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Lucia
Wed Dec 04 2024
With no new coins to be mined, miners may face decreased profitability.
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