Cryptocurrency Q&A Can Bitcoin survive without miners?

Can Bitcoin survive without miners?

JejuJoyfulHeart JejuJoyfulHeart Wed Nov 27 2024 | 7 answers 1394
I'm wondering if Bitcoin can continue to exist and function properly if there are no miners supporting its network. Will it still be able to sustain its operations or will it collapse? Can Bitcoin survive without miners?

7 answers

ethan_harrison_chef ethan_harrison_chef Fri Nov 29 2024
These computers can be quite costly, often ranging from hundreds to thousands of dollars.

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EthereumLegend EthereumLegend Fri Nov 29 2024
Bitcoin mining primarily relies on specialized computers that are extremely powerful and serve a single purpose.

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Valentino Valentino Thu Nov 28 2024
It is a key component of Bitcoin's "proof-of-work" protocol.

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DigitalLegendGuard DigitalLegendGuard Thu Nov 28 2024
BTCC is a leading cryptocurrency exchange that offers a range of services.

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DondaejiDelight DondaejiDelight Thu Nov 28 2024
Despite the high expenses, mining is a crucial aspect of the Bitcoin ecosystem.

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