The last Bitcoin: What will happen once all BTC are mined?
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Satoshi Nakamoto mined the genesis block on Jan. 3, 2009, minting the first 50 Bitcoin (BTC) in history and kicking off what would become a billion-dollar industry centered around mining crypto. However, with a cap on Bitcoin supply, the fate of miners after the last coins are issued is unclear.
Bitcoin is created through mining, a process involving computer hardware to solve complex mathematical problems and verify transactions on the blockchain network. For their efforts, miners are rewarded with a predetermined amount of BTC for each block of transactions.
A large portion of respondents are disillusioned with the global financial system and want change. Source: Morning ConsultAccording to data from Glassnode, miners have already been experiencing long periods of unprofitability. Source: Glassnode
