I'm wondering about the future of crypto mining. Specifically, I want to know when crypto mining is expected to end or if it will continue indefinitely.
6 answers
CosmicDreamWhisper
Wed Dec 11 2024
The mining reward for
Bitcoin was initially set at 50 BTC per block.
Raffaele
Wed Dec 11 2024
This reward undergoes a process known as halving, where it is reduced by half every 210,000 blocks.
Nicola
Tue Dec 10 2024
The halving cycle is a fundamental aspect of Bitcoin's monetary policy.
CharmedVoyager
Tue Dec 10 2024
It ensures a controlled and predictable supply of Bitcoin over time.
SakuraPetal
Tue Dec 10 2024
As a result of this halving process, the total number of Bitcoins that can be mined is finite.