Questions tagged [stopped mining]

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CryptoVanguard CryptoVanguard Mon Jul 15 2024 | 6 answers 1585

Would bitcoin die if miners stopped mining?

If miners suddenly stopped mining bitcoin, would the cryptocurrency survive? Would the lack of new blocks being added to the blockchain ultimately spell its demise? Or could the network potentially adjust and remain resilient in the absence of miners? This question poses an interesting dilemma within the cryptocurrency world, as mining is a fundamental component of maintaining the security and integrity of the bitcoin network. Without miners validating transactions and securing the network, what would be the long-term impact on bitcoin's future?

Would bitcoin die if miners stopped mining?

|Topics at Cryptocurrency Q&A

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