What happens once we mine all 21 million bitcoins?
https://GeorgeLevy.com/ presents:
In this video, I answer a question from one of the students of the Blockchain and Bitcoin Fundamentals course:
"What happens when we mine all 21 million bitcoins?"
Bitcoin has a controlled supply which limits the maximum number of bitcoins that will ever be mined to only 21 million.
If that is the case, what will happen to all the Bitcoin miners once we reach this maximum number of bitcoins?
Learn more about blockchain and Bitcoin with the Blockchain and...
From: George Levy
Related topics : all about bitcoin mining / bitcoin blockchain wallet / get a free bitcoin wallet / bitcoin number limit / free bitcoin mining
What is bitcoin Mining.. India..
Bitcoin mining is an essential process of verifying, approving and recording bitcoin transaction on blockchain ledger.
There are limited number of bitcoin that is 21 million and their movement from wallet to wallet can be seen and verified on blockchain and this process is called mining.
Computers running this process are called Miners. They win new bitcoin as a reward for verifying and recording the transactions first..
From: Crypto Conversation
Related topics : bitcoin mining in india / bitcoin blockchain wallet
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