Hacker News new | ask | show | jobs
by birdyrooster 1945 days ago
Bitcoin doesn't have to keep halving until 2140, their governance could decide to stop mining early once it becomes an existential crisis for the network. Bitcoin is code and there could be special cases made so long as they can get the miners to agree. The miners can name their price on processing transactions on the network in lieu of continuing to mine. The transaction processing is much less onerous in terms of power consumption.