Questions tagged [miners stop mining]

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amelia_jackson_environmentalist amelia_jackson_environmentalist Tue Jun 11 2024 | 5 answers 1251

What happens to Bitcoin if miners stop mining?

If miners were to suddenly stop mining Bitcoin, what would be the potential consequences? Would the network collapse, or would there be some other mechanisms to keep it afloat? Would the value of Bitcoin be significantly impacted? Would transactions still be processed, or would they grind to a halt? And what role would existing miners and the community play in such a scenario? Could Bitcoin recover from such a disruption, or would it be a fatal blow to the cryptocurrency?

What happens to Bitcoin if miners stop mining?

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