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Author Topic: what will happen if miners stop mining bitcoin?  (Read 1319 times)

Rondo

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Re: what will happen if miners stop mining bitcoin?
« Reply #15 on: December 02, 2018, 02:06:43 PM »
if miners stop mining in bitcoin, bitcoin will experience a change in the crypto market the average transaction in the market will experience a shortage. and this will show the impact on prices, automatically prices start to crawl up. but miners cannot do this because miners also want to make money on bitcoin.
Indeed, and the price will bump very very high, only who hold bitcoin will profit, trader will also get profit but still less than holder

NguyenTuan

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Re: what will happen if miners stop mining bitcoin?
« Reply #16 on: December 18, 2018, 03:25:46 PM »
Than I think Bitcoin price will fly very high because there lacking of supplies to support the need of Bitcoin on the market. Maybe Bitcoin price can fly to $20,000 again if that happen

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josephabad23

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Re: what will happen if miners stop mining bitcoin?
« Reply #17 on: December 18, 2018, 03:30:31 PM »
What will happen if miners stop mining bitcoin? Will result in broken blockchain or any other problems to the network? I would like to buy some bitcoin for long-term investment and not plan to sell for years
Well if there are no miners on the blockchain, the transactions cannot be processed. And if you will buy bitcoins make sure you will hold it for long-term.

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717

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Re: what will happen if miners stop mining bitcoin?
« Reply #18 on: December 26, 2018, 01:08:43 PM »
don't hesitate to have bitcoin now
in doing mining bitcoin, it is in need of capital bear, but it is appropriate to what the resulting

Rhett

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Re: what will happen if miners stop mining bitcoin?
« Reply #19 on: December 26, 2018, 04:46:40 PM »
If miners stop mining Bitcoin then the difficult will drop and with the lacking of Bitcoin supply, perhaps Bitcoin price will rocket to the moon too

josephabad23

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Re: what will happen if miners stop mining bitcoin?
« Reply #20 on: December 27, 2018, 06:17:33 PM »
What will happen if miners stop mining bitcoin? Will result in broken blockchain or any other problems to the network? I would like to buy some bitcoin for long-term investment and not plan to sell for years
Bitcoins are being mined by miners and at the same time miners completes the transaction on the blockchain. Without the miners, transactions cannot complete.

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717

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Re: what will happen if miners stop mining bitcoin?
« Reply #21 on: January 05, 2019, 01:39:18 PM »
I think bitcoin prices will be higher in the near future. but I think bitcoin will be increasingly difficult to get, and if it happens, I think the price of bitcoin will start to fall in the near future after the bitcoin prices rise, and it will probably make bitcoin be no longer needed

cryptomate3473

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Re: what will happen if miners stop mining bitcoin?
« Reply #22 on: January 09, 2019, 04:08:41 AM »
Bitcoin becomes very insecure if miners stop mining. ... Many mining pools don't pay out income from transaction fees and the whole thing is often glossed over. But mining income is newly minted coins PLUS fees from the transactions you include in the blocks you generate.

OluwaTosin10

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Re: what will happen if miners stop mining bitcoin?
« Reply #23 on: January 11, 2019, 11:35:55 PM »
Reality is nothing will happen
Just that a new sets of mining conditions will be introduced and mining continues

In this world, there are a lot of alternatives

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Travolta709

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Re: what will happen if miners stop mining bitcoin?
« Reply #24 on: January 15, 2019, 12:45:50 PM »
I think miners will never stop mining Bitcoin and Etherium.

rojda

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Re: what will happen if miners stop mining bitcoin?
« Reply #25 on: January 17, 2019, 11:16:29 PM »
I think you can reverse without having crints because I don't think that one day the miners will stop mining.

AB_6944_UL

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Re: what will happen if miners stop mining bitcoin?
« Reply #26 on: January 27, 2019, 02:18:13 PM »
I think bitcoin prices will be higher in the near future. but I think bitcoin will be increasingly difficult to get, and if it happens, I think the price of bitcoin will start to fall in the near future after the bitcoin prices rise, and it will probably make bitcoin be no longer needed. but I think it will not happen

josephabad23

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Re: what will happen if miners stop mining bitcoin?
« Reply #27 on: February 06, 2019, 09:10:58 AM »
What will happen if miners stop mining bitcoin? Will result in broken blockchain or any other problems to the network? I would like to buy some bitcoin for long-term investment and not plan to sell for years
I dont think this will happen as mining bitcoin is very profitable. But lets say, miners stop mining then the transactions on the network will never be processed.

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