Cryptocurrency Q&A How long do Bitcoin miners remain profitable?

How long do Bitcoin miners remain profitable?

GeishaMelody GeishaMelody Tue Dec 17 2024 | 6 answers 1073
I'm wondering how long Bitcoin miners can continue to make profits, considering the increasing difficulty of mining and the fluctuating price of Bitcoin. How long do Bitcoin miners remain profitable?

6 answers

EchoWhisper EchoWhisper Thu Dec 19 2024
By 2140, the total supply of Bitcoin will reach its cap of 21 million coins.

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NebulaSoul NebulaSoul Thu Dec 19 2024
Instead of earning block rewards, miners will rely solely on transaction fees paid by users.

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Arianna Arianna Thu Dec 19 2024
Once this limit is reached, no additional Bitcoin will be mined.

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KatanaSwordsmanshipSkill KatanaSwordsmanshipSkill Thu Dec 19 2024
Miners will cease earning rewards for adding new blocks to the blockchain.

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Elena Elena Thu Dec 19 2024
The blockchain network will continue to operate, but the incentives for miners will change.

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