Bitcoin After Mining – What Happens Next?

Mining and Staking
1

I’m seriously looking for answers before I commit money to invest in Bitcoin. I posted a similar question in the Bitcoin channel, but it got removed, so I hope it’s okay to ask here.

I’m trying to understand what happens when all the Bitcoin has been mined. Will the number of miners who want to spend energy calculating the blocks diminish? What will be their incentive to continue spending energy calculating the blocks once all 21 million Bitcoins have been mined?

Any insights or explanations would be greatly appreciated, as I want to make an informed decision about my investment.

2

The gradual decrease in block rewards is intended to encourage miners to maintain network security through transaction fees. Although the block reward will eventually end, transaction fees are expected to offer enough incentive for miners to continue validating transactions and protecting the network.

3

I believe that bitcoin will always have a market. However, I don’t think the same will be true for fiat someday.

Well, yeah. I will always be able to “buy” bitcoin, but not with dollars.

Let’s consider it from the perspective of selling dollars for bitcoin, rather than the other way around.

4

Do you mind sharing more on bitcoins? Or can you suggest any platform that offers more info on bitcoin? I am equally interested however, I don’t understand how the world of bitcoin operates.