What happens if no one mines Bitcoin?

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The sustainability of the Bitcoin network relies heavily on the continuous mining activity of its miners. Should miners decide to cease their operations, the network's progression would inevitably come to a standstill.

The production of each new block within the Bitcoin blockchain necessitates a unified agreement among the miners. This consensus mechanism is crucial for maintaining the integrity and security of the network.

Without the miners' participation, the validation and verification of new transactions would cease. These transactions, which are essential for the transfer of Bitcoin, would be left stranded in the mempool, an area where unconfirmed transactions await processing.

The mempool serves as a temporary holding ground for transactions that have yet to be included in a block. However, without miners to process these transactions, they would remain trapped, unable to progress through the network.