Bitcoin mining
Bitcoin mining, as it currently exists, is designed to continue until all 21 million bitcoins have been mined, which is estimated to occur around the year 2140. However, the nature of mining will change significantly over time due to the halving mechanism: Reduction in Block Rewards: Every four years, the reward for mining a block of transactions is halved, reducing the number of new bitcoins introduced into the system. This means that the profitability of mining based on block rewards will d...
Bitcoin mining
Bitcoin mining, as it currently exists, is designed to continue until all 21 million bitcoins have been mined, which is estimated to occur around the year 2140. However, the nature of mining will change significantly over time due to the halving mechanism: Reduction in Block Rewards: Every four years, the reward for mining a block of transactions is halved, reducing the number of new bitcoins introduced into the system. This means that the profitability of mining based on block rewards will d...
