What happens after all bitcoins are mined

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What Happens After ALL Bitcoins Are Mined?
Once all bitcoin is mined, the amount of coins in circulation will remain fixed at that level permanently. First, like gold, Bitcoin can't be created arbitrarily: gold must be mined out of the ground while BTC must be mined via digital means. According to Hansen, based on the block discovery rate and the halving process, which occurs roughly every four years � or every , blocks.

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Rather, it will shift demand for present goods to demand for future goods. The Bitcoin ecosystem is still developing, making it possible that Bitcoin itself will continue to evolve over the coming decades. As Bitcoin appreciates in value and gains adoption, smaller and smaller pieces of bitcoin will carry larger and larger purchasing power. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy. In this blog, we explore the implications of this eventual occurrence, how mining plays a critical function, and the path of the crypto ecosystem.