Bitcoins to be mining?
Bitcoins to be mining?
Just asking out of curiosity guys. How will Bitcoin transactions be validated if there are no more Bitcoins to be mined?
Luwis K Answered question October 26, 2022
Transactions are validated by the Bitcoin node network. Bitcoin mining provides a 10-minute delay between blocks to allow nodes to stay synchronized. Bitcoin miners do not need to be paid. Bitcoin mining continues forever
Luwis K Answered question October 26, 2022
That’s over 100 years from now but love where your heads at
Dilshan Tharindu Perera Answered question October 26, 2022
“Users will generate blocks for transaction fees alone.” -Satoshi (probably)
The average transaction fee per block today is 0.1 BTC which is similar to what the block subsidy in a few more halvings.
Kasun Premathilake Answered question October 26, 2022