Hacker News new | ask | show | jobs
by prancer_or_vix 1719 days ago
Legit question: what's going to happen when bitcoin is no longer produced? Like, there's a finite amount of bitcoin that will ever be mined, and after that, why would anyone keep running their mining operations? How do transactions get verified after that?

Doesn't the entire viability of bitcoin as a currency depend on miners mining?

1 comments

Miners get the transaction fee in addition to a mining reward. Once the last coin is mined, the reward goes away but the transaction fee remains
is it still profitable?
depends on the cost of electricity