80 Percent Of Bitcoins Are Mined, How It Goes?

in #bitcoin6 years ago

Screenshot_2018-07-19-12-32-15-444_com.android.chrome.png

The popularity of Bitcoin in the last few years making a digital currency is the target of many people.

As a result, according to the latest report from Bitcoin.com, total Bitcoins mined has already reached 80 percent of the overall supply.

currently only left about 20 percent or 4.2 million tokens that can be mined. Meanwhile, the total tokens available in a single time is 21 million.

So, what happens if the entire token Bitcoins are successfully mined? According to the CEO of CommerceBlock Nicholas Gregory, when it reaches its limit, then the transaction cost and the cost is able to keep the Bitcoin network is still running.

"I don't know for sure when the whole Bitcoin can be mined, but when it reaches the closing, the transaction fees still allow miners to do the mining, and when that cost will be high,"

Sort:  

sneaky-ninja-sword-xs.jpg
Sneaky Ninja Attack! You have just been defended with a 5.46% upvote!
I was summoned by @presstress. I have done their bidding and now I will vanish...

woosh
A portion of the proceeds from your bid was used in support of youarehope and tarc.

Abuse Policy
Rules
How to use Sneaky Ninja
How it works
Victim of grumpycat?

This post has received a 41.53% upvote from @lovejuice thanks to @presstress. They love you, so does Aggroed. Please be sure to vote for Witnesses at https://steemit.com/~witnesses.

Coin Marketplace

STEEM 0.17
TRX 0.16
JST 0.029
BTC 74831.10
ETH 2823.14
USDT 1.00
SBD 2.52