๐น Total supply is capped at 21 million BTC
The last Bitcoin is expected to be mined around the year 2140.
๐น Miners will no longer get block rewards
Right now, miners earn:
Block rewards (new BTC)
Transaction fees
After all BTC is mined ๐ only transaction fees remain.
๐น Transaction fees keep miners running
Users will still pay fees to send BTC. These fees will:
Reward miners
Secure the network
Encourage miners to keep validating transactions
๐น Bitcoin will still work normally
You can send and receive BTC
Blocks will still be created
The network stays decentralized
๐น BTC may become more valuable
Since no new BTC can be created:
Supply is fixed
Scarcity increases
Many believe this could support long-term value ๐
In short:
โก๏ธ No new BTC
โก๏ธ Miners earn from fees
โก๏ธ Network stays alive
โก๏ธ Bitcoin becomes fully deflationary
If you want, I can also explain how halving leads up to this, or whether mining will still be profitable after that.
#crypto #bitcoin #altcoins #BinaceSquare #Ethereum
