The last Bitcoin: What will happen once all BTC are mined? By Cointelegraph
[ad_1]
© Reuters.
Satoshi Nakamoto mined the genesis block on Jan. 3, 2009, minting the first 50 (BTC) in history and kicking off what would become a billion-dollar industry centered around mining crypto. However, with a cap on Bitcoin supply, the fate of miners after the last coins are issued is unclear.
Bitcoin is created through mining, a process involving computer hardware to solve complex mathematical problems and verify transactions on the blockchain network. For their efforts, miners are rewarded with a predetermined amount of BTC for each block of transactions.
Continue Reading on Coin Telegraph
[ad_2]
Source link
© Reuters.
Satoshi Nakamoto mined the genesis block on Jan. 3, 2009, minting the first 50 (BTC) in history and kicking off what would become a billion-dollar industry centered around mining crypto. However, with a cap on Bitcoin supply, the fate of miners after the last coins are issued is unclear.
Bitcoin is created through mining, a process involving computer hardware to solve complex mathematical problems and verify transactions on the blockchain network. For their efforts, miners are rewarded with a predetermined amount of BTC for each block of transactions.
Continue Reading on Coin Telegraph
About The Author
