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A comment on Cambridge Bitcoin Electricity Consumption Index. Parent comment

Re:Cambridge Bitcoin Electricity Consumption Index by criddell on Wednesday February 10, 2021 @01:12PM (#26092738)
What happens when all the bitcoins are mined? There still has to be some settlement process or else the blockchain ends.
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Re:Cambridge Bitcoin Electricity Consumption Index by throwaheyy on Wednesday February 10, 2021 @01:22PM (#26092878)
Mining continues but the reward comes solely from transaction fees.
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Re:Cambridge Bitcoin Electricity Consumption Index by SamBam on Wednesday February 10, 2021 @01:31PM (#26092980)
The algorithm makes it such that the last coin will be mined sometime around 2140. My assumption is that people just plan on moving to another fork before that point.
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Re:Cambridge Bitcoin Electricity Consumption Index by cstein2 on Wednesday February 10, 2021 @01:21PM (#26092875)
Miners are incentivised with transaction fees alone after all the bitcoins are mined.
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Re:Cambridge Bitcoin Electricity Consumption Index by marcosdumay on Wednesday February 10, 2021 @01:22PM (#26092884)
> What happens when all the bitcoins are mined?

Then miners will get only the transaction fees. But it's still the same process. (Anyway, that won't happen, the number of available BTC to mining will asymptoptically approach 0, but will never get there.)

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Re:Cambridge Bitcoin Electricity Consumption Index by cdiddy2 on Wednesday February 10, 2021 @02:38PM (#26093656)
No, new bitcoins run out around 2140. From then on there will be no new bitcoin
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