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/biz/ - Business & Finance

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27676560 No.27676560 [Reply] [Original]

/biz/, What happens when the mining reward reaches 0?

>> No.27676599

>>27676560
Miners get paid in transaction fees

>> No.27676708

Meaning transaction fees are going to skyrocket?

>> No.27676729

>>27676560
Hard fork reward limit to 42 million

>> No.27676833

I don't understand nor have I ever wanted to understand exactly how digicurrency works. But I'm sure it's smarter than there being a limited amount of bitcoins that can be mined and once they're all out they'll slowly just disappear into forgotten and unaccessible wallets.

>> No.27676852

>>27676729
>Hard fork reward limit to 42 million
Only 21 million coins can exit.
Kek

>> No.27677003

>>27676852
Not true. Can easily be fixed with a hard fork

>> No.27677082

bullish for haircomb token

>> No.27677153
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27677153

>>27676833
>I'm sure it's smarter than there being a limited amount of bitcoins that can be mined and once they're all out they'll slowly just disappear into forgotten and unaccessible wallets.
Sure about that, little guy?

>> No.27677199

>>27676708
there will be a bidding war for haircomb claims on every block. remember that inside the bitcoin blockchain, there exists a haircomb.

>> No.27677332

>>27676708
Yes, or bitcoin collapses

>> No.27677536

>>27677003
And kill bitcoin’s value.

>> No.27677600

>>27676833
Can’t tell if sarcastic or serious