When all bitcoins will be mined

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I Mined Bitcoin for 1 Year (Honest Results)
When all bitcoin have been mined, miner revenue will depend entirely on transaction fees. The price and purchasing power of bitcoin will adjust to the lack of. In answering the question on how long it will take to mine the last Bitcoin, the answer is an estimated years. Which, facing the cold hard truth, we are. The last bitcoin is expected to be mined sometime around the year The supply of bitcoin is limited to a final cap of 21 million. This is.

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All transactions on the blockchain are stored in blocks which are chronologically linked to one another through the process of mining. When the total hash rate declines, the difficulty of mining declines as well. This event is called halving because it cuts the rate at which new bitcoins are released into circulation in half.