Cryptocurrency Q&A
What happens when Bitcoin reaches 21 million coins?
What happens when Bitcoin reaches 21 million coins?
ZenMind
Mon Dec 23 2024
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6
answers
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I'm wondering about the future of Bitcoin. Specifically, I want to know what will occur once the total number of Bitcoin reaches its limit of 21 million coins. Will there be any significant impact on the market or the value of Bitcoin?
6 answers
CryptoBaron
Wed Dec 25 2024
Consequently, miners will rely solely on transaction fees to incentivize their work in verifying and securing blockchain transactions.
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EchoWave
Wed Dec 25 2024
Once the total supply of Bitcoin reaches 21 million, miners will experience a significant change in their incentives.
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CryptoAlchemist
Wed Dec 25 2024
Despite the absence of block rewards, the Bitcoin network will continue to operate seamlessly and remain secure.
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DigitalDuke
Wed Dec 25 2024
Currently, miners earn rewards in the form of newly minted Bitcoins for successfully verifying and adding blocks to the blockchain.
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GliderPulse
Wed Dec 25 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of both individual and institutional investors. These services include spot trading, futures trading, and a secure wallet solution.
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