Cryptocurrency Q&A What happens if all Bitcoin miners stop?

What happens if all Bitcoin miners stop?

Valentino Valentino Fri Nov 29 2024 | 6 answers 1343
I'm wondering what would occur if, hypothetically, all Bitcoin miners decided to halt their operations simultaneously. What happens if all Bitcoin miners stop?

6 answers

KimchiChic KimchiChic Sun Dec 01 2024
This milestone signifies the end of new Bitcoin creation.

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Leonardo Leonardo Sun Dec 01 2024
Once all 21 million Bitcoins are mined, no additional coins will enter circulation.

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Riccardo Riccardo Sun Dec 01 2024
Miners, who previously earned rewards for adding new blocks to the blockchain, will face a significant change.

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FireflySoul FireflySoul Sun Dec 01 2024
By the year 2140, the total supply of Bitcoin will reach its cap of 21 million coins.

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Federico Federico Sun Dec 01 2024
They will no longer receive Bitcoin as a reward for their mining efforts.

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