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Mining
will it become impossible to mine cryptocurrencies in the future?
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[QUOTE="Suba, post: 283863, member: 3658"] On blockchains that implement a PoW consensus mechanism system, mining is used to validate new blocks and also to obtain new cryptos. Some of the cryptocurrencies that use the PoW system are Btc, Ltc, Ethereum classic, Dogecoin, Monero, Dash etc. But to narrow the discussion I will only discuss Bitcoin mining. But because the max supply of Bitcoin is decreasing, solo mining will be more difficult and longer, so now miners are joining the mining pool. and currently the block reward is only 6.25 BTC. In short, it is not easy to calculate crypto profits, if the Btc price is below the standard they set then the miners will lose. [/QUOTE]
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will it become impossible to mine cryptocurrencies in the future?
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