所有2100万个比特币都挖完后会发生什么？

{"1":14}{"1":573,"2":{"5":1}} {"1":603}{"1":1478,"2":{"5":1}} {"1":1533}{"1":3125,"2":{"5":1}} {"1":3173}{"1":4312,"2":{"5":1}} {"1":4390}" data-sheets-userformat="{"2":641,"3":{"1":0},"10":0,"12":0}" data-sheets-value="{"1":2,"2":"Quick Summary\n\r\nEver since its launch, Bitcoin—the original cryptocurrency—has drawn the interest of both supporters and critics. However, the main characteristic that distinguishes Bitcoin from other cryptocurrencies is its limited supply. There is a limit of 21 million Bitcoins that will ever be in circulation.\r\n\r\nAn interesting question is brought up as the supply gets closer to this cap and mining keeps going on: What happens to Bitcoin once all 21 million of it are mined? In this blog post, we will explore the possible outcomes and aftermath of this milestone.\n\nAn Overview of Bitcoin Mining\n\r\nThe process of creating new Bitcoins and adding transactions to the blockchain—a public ledger—is called Bitcoin mining. It is essential to the functioning of the Bitcoin network as well as to keep the security of the Bitcoin network. New bitcoins are created via mining, which also verifies fresh transactions against the network that holds Bitcoin.\r\n\r\nOn the Bitcoin network, transactions are computationally validated before being added to the blockchain ledger. To confirm that transaction blocks generated on the decentralized platform are correct, solving intricate cryptographic hash puzzles is a requirement.\r\n\r\nAfter receiving a set of transaction data, miners apply a cryptographic algorithm to produce a unique hash. The hash detects manipulation when any detail is altered. Every block contains the hash of the previous block, so changes are easily visible.\r\n\r\nHistorical background on the Limited supply of Bitcoin\n\r\nThe unknown Satoshi Nakamoto is the man behind the Bitcoin network. No one knows much about him, but his efforts in the Bitcoin mining landscape are worth appreciating. In the world of Bitcoin, his identity remains one of the greatest mysteries. Still, we can determine what he desired from the network based on how the Bitcoin Blockchain was implemented.\r\n\r\nThe goal of the Bitcoin network was to develop a digital currency that would be the antithesis of fiat money, as outlined in his well-known whitepaper. As the world economy was still recovering from the catastrophic 2008 financial crisis, Bitcoin (BTC) had to be totally decentralized and unaffected by banks or other centralized authorities. It also had to be inflation-resistant.\r\n\r\nNakamoto included a set amount of BTC into the network’s program to prevent rising prices. BTC is a scarce asset due to its limited supply, which may eventually cause its price to rise. There will only be 21 million bitcoins in circulation, and they will be created at a set rate to guarantee a constant flow of liquidity. At one moment only one new block is mined and so new bitcoins come into existence.\r\n\r\nAdditionally, Nakamoto included a feature that reduces the amount of bitcoins produced by half every four years for each block. When the first block was added in 2009, miners would get paid 50 bitcoins. It decreased to 25 bitcoins after four years, and the cycle will keep going until there are no more bitcoins available for mining. Around 1,348,775 Million Bitcoins are left to mine out of all the 21 Million Bitcoins in existence.\r\n\r\nHow much time does it take to mine one Bitcoin?\n\r\nThe amount of time required to mine a single bitcoin is determined by your percentage of the network’s total processing power. You will earn bitcoin more quickly the more significant your share is.\r\n\r\nInstead of mining in a continuous stream, bitcoin is mined in blocks. A miner generates a block, which rewards them with new bitcoin roughly every ten minutes. The previous mining work does not advance a miner toward mining a block, mining is a random or unpredictable procedure that is more like a game of chance than a building project.\r\n\r\nIt would take a long time for an individual miner using a single ASIC or computer to mine the entire bitcoin. There is intense competition for the remaining bitcoin supply that can be mined.\r\n\r\nThe earnings of a Bitcoin mining process and the time required to mine a single Bitcoin are determined by a number of factors. Given the fluctuations of the price of bitcoin, the cost of energy, and the challenge of mining bitcoin, these factors can yield essential figures for the profits of a mining operation in terms of bitcoin; however, all of the calculations are fluctuating and uncertain.\r\n\r\nEffect on Bitcoin Mining landscape when all 21 Million Bitcoins will be mined\n\r\nNo more Bitcoin will be created after the 21 million maximum supply is exhausted, even if the total quantity of coins in circulation eventually declines by a small amount. Bitcoin miners will still be paid, mainly in the form of transaction processing fees, and transactions will still be validated and compiled into blocks.\r\n\r\nIt is anticipated that the final Bitcoin will be mined around 2140. The way that Bitcoin develops will determine how miners are affected when it reaches its maximum supply limit. Miners can still make money by imposing substantial amounts of money to process large volumes of transactions if Bitcoin is primarily used as an asset of value rather than for regular transactions.\r\n\r\nEvery four years, the block reward is cut in half. It was cut in half to 25 bitcoins in 2012 and then to 12.5 in 2016. Miners can only make 6.25 bitcoin today for each new block. When the hard cap on supply is eventually accomplished, miners won’t be compensated with bitcoins for creating new blocks. They will then only be paid for their network participation through transaction fees.\r\n\r\nHowever, the cost of mining operations will eventually outweigh the rewards made by the miners because mining rewards are cut in half every four years. It may occur even prior to the fixed supply reaching its maximum supply."}" data-sheets-root="1" data-mce-fragment="1">快速摘要 {"1":14}{"1":573,"2":{"5":1}} {"1":603}{"1":1478,"2":{"5":1}} {"1":1533}{"1":3125,"2":{"5":1}} {"1":3173}{"1":4312,"2":{"5":1}} {"1":4390}" data-sheets-userformat="{"2":641,"3":{"1":0},"10":0,"12":0}" data-sheets-value="{"1":2,"2":"Quick Summary\n\r\nEver since its launch, Bitcoin—the original cryptocurrency—has drawn the interest of both supporters and critics. However, the main characteristic that distinguishes Bitcoin from other cryptocurrencies is its limited supply. There is a limit of 21 million Bitcoins that will ever be in circulation.\r\n\r\nAn interesting question is brought up as the supply gets closer to this cap and mining keeps going on: What happens to Bitcoin once all 21 million of it are mined? In this blog post, we will explore the possible outcomes and aftermath of this milestone.\n\nAn Overview of Bitcoin Mining\n\r\nThe process of creating new Bitcoins and adding transactions to the blockchain—a public ledger—is called Bitcoin mining. It is essential to the functioning of the Bitcoin network as well as to keep the security of the Bitcoin network. New bitcoins are created via mining, which also verifies fresh transactions against the network that holds Bitcoin.\r\n\r\nOn the Bitcoin network, transactions are computationally validated before being added to the blockchain ledger. To confirm that transaction blocks generated on the decentralized platform are correct, solving intricate cryptographic hash puzzles is a requirement.\r\n\r\nAfter receiving a set of transaction data, miners apply a cryptographic algorithm to produce a unique hash. The hash detects manipulation when any detail is altered. Every block contains the hash of the previous block, so changes are easily visible.\r\n\r\nHistorical background on the Limited supply of Bitcoin\n\r\nThe unknown Satoshi Nakamoto is the man behind the Bitcoin network. No one knows much about him, but his efforts in the Bitcoin mining landscape are worth appreciating. In the world of Bitcoin, his identity remains one of the greatest mysteries. Still, we can determine what he desired from the network based on how the Bitcoin Blockchain was implemented.\r\n\r\nThe goal of the Bitcoin network was to develop a digital currency that would be the antithesis of fiat money, as outlined in his well-known whitepaper. As the world economy was still recovering from the catastrophic 2008 financial crisis, Bitcoin (BTC) had to be totally decentralized and unaffected by banks or other centralized authorities. It also had to be inflation-resistant.\r\n\r\nNakamoto included a set amount of BTC into the network’s program to prevent rising prices. BTC is a scarce asset due to its limited supply, which may eventually cause its price to rise. There will only be 21 million bitcoins in circulation, and they will be created at a set rate to guarantee a constant flow of liquidity. At one moment only one new block is mined and so new bitcoins come into existence.\r\n\r\nAdditionally, Nakamoto included a feature that reduces the amount of bitcoins produced by half every four years for each block. When the first block was added in 2009, miners would get paid 50 bitcoins. It decreased to 25 bitcoins after four years, and the cycle will keep going until there are no more bitcoins available for mining. Around 1,348,775 Million Bitcoins are left to mine out of all the 21 Million Bitcoins in existence.\r\n\r\nHow much time does it take to mine one Bitcoin?\n\r\nThe amount of time required to mine a single bitcoin is determined by your percentage of the network’s total processing power. You will earn bitcoin more quickly the more significant your share is.\r\n\r\nInstead of mining in a continuous stream, bitcoin is mined in blocks. A miner generates a block, which rewards them with new bitcoin roughly every ten minutes. The previous mining work does not advance a miner toward mining a block, mining is a random or unpredictable procedure that is more like a game of chance than a building project.\r\n\r\nIt would take a long time for an individual miner using a single ASIC or computer to mine the entire bitcoin. There is intense competition for the remaining bitcoin supply that can be mined.\r\n\r\nThe earnings of a Bitcoin mining process and the time required to mine a single Bitcoin are determined by a number of factors. Given the fluctuations of the price of bitcoin, the cost of energy, and the challenge of mining bitcoin, these factors can yield essential figures for the profits of a mining operation in terms of bitcoin; however, all of the calculations are fluctuating and uncertain.\r\n\r\nEffect on Bitcoin Mining landscape when all 21 Million Bitcoins will be mined\n\r\nNo more Bitcoin will be created after the 21 million maximum supply is exhausted, even if the total quantity of coins in circulation eventually declines by a small amount. Bitcoin miners will still be paid, mainly in the form of transaction processing fees, and transactions will still be validated and compiled into blocks.\r\n\r\nIt is anticipated that the final Bitcoin will be mined around 2140. The way that Bitcoin develops will determine how miners are affected when it reaches its maximum supply limit. Miners can still make money by imposing substantial amounts of money to process large volumes of transactions if Bitcoin is primarily used as an asset of value rather than for regular transactions.\r\n\r\nEvery four years, the block reward is cut in half. It was cut in half to 25 bitcoins in 2012 and then to 12.5 in 2016. Miners can only make 6.25 bitcoin today for each new block. When the hard cap on supply is eventually accomplished, miners won’t be compensated with bitcoins for creating new blocks. They will then only be paid for their network participation through transaction fees.\r\n\r\nHowever, the cost of mining operations will eventually outweigh the rewards made by the miners because mining rewards are cut in half every four years. It may occur even prior to the fixed supply reaching its maximum supply."}" data-sheets-root="1" data-mce-fragment="1">自从 比特币 （ 最初的加密货币） 推出以来，它就吸引了支持者和批评者的兴趣。然而，比特币与其他加密货币的主要区别在于其供应量有限。比特币的流通量上限为 2100 万个。

{"1":14}{"1":573,"2":{"5":1}} {"1":603}{"1":1478,"2":{"5":1}} {"1":1533}{"1":3125,"2":{"5":1}} {"1":3173}{"1":4312,"2":{"5":1}} {"1":4390}" data-sheets-userformat="{"2":641,"3":{"1":0},"10":0,"12":0}" data-sheets-value="{"1":2,"2":"Quick Summary\n\r\nEver since its launch, Bitcoin—the original cryptocurrency—has drawn the interest of both supporters and critics. However, the main characteristic that distinguishes Bitcoin from other cryptocurrencies is its limited supply. There is a limit of 21 million Bitcoins that will ever be in circulation.\r\n\r\nAn interesting question is brought up as the supply gets closer to this cap and mining keeps going on: What happens to Bitcoin once all 21 million of it are mined? In this blog post, we will explore the possible outcomes and aftermath of this milestone.\n\nAn Overview of Bitcoin Mining\n\r\nThe process of creating new Bitcoins and adding transactions to the blockchain—a public ledger—is called Bitcoin mining. It is essential to the functioning of the Bitcoin network as well as to keep the security of the Bitcoin network. New bitcoins are created via mining, which also verifies fresh transactions against the network that holds Bitcoin.\r\n\r\nOn the Bitcoin network, transactions are computationally validated before being added to the blockchain ledger. To confirm that transaction blocks generated on the decentralized platform are correct, solving intricate cryptographic hash puzzles is a requirement.\r\n\r\nAfter receiving a set of transaction data, miners apply a cryptographic algorithm to produce a unique hash. The hash detects manipulation when any detail is altered. Every block contains the hash of the previous block, so changes are easily visible.\r\n\r\nHistorical background on the Limited supply of Bitcoin\n\r\nThe unknown Satoshi Nakamoto is the man behind the Bitcoin network. No one knows much about him, but his efforts in the Bitcoin mining landscape are worth appreciating. In the world of Bitcoin, his identity remains one of the greatest mysteries. Still, we can determine what he desired from the network based on how the Bitcoin Blockchain was implemented.\r\n\r\nThe goal of the Bitcoin network was to develop a digital currency that would be the antithesis of fiat money, as outlined in his well-known whitepaper. As the world economy was still recovering from the catastrophic 2008 financial crisis, Bitcoin (BTC) had to be totally decentralized and unaffected by banks or other centralized authorities. It also had to be inflation-resistant.\r\n\r\nNakamoto included a set amount of BTC into the network’s program to prevent rising prices. BTC is a scarce asset due to its limited supply, which may eventually cause its price to rise. There will only be 21 million bitcoins in circulation, and they will be created at a set rate to guarantee a constant flow of liquidity. At one moment only one new block is mined and so new bitcoins come into existence.\r\n\r\nAdditionally, Nakamoto included a feature that reduces the amount of bitcoins produced by half every four years for each block. When the first block was added in 2009, miners would get paid 50 bitcoins. It decreased to 25 bitcoins after four years, and the cycle will keep going until there are no more bitcoins available for mining. Around 1,348,775 Million Bitcoins are left to mine out of all the 21 Million Bitcoins in existence.\r\n\r\nHow much time does it take to mine one Bitcoin?\n\r\nThe amount of time required to mine a single bitcoin is determined by your percentage of the network’s total processing power. You will earn bitcoin more quickly the more significant your share is.\r\n\r\nInstead of mining in a continuous stream, bitcoin is mined in blocks. A miner generates a block, which rewards them with new bitcoin roughly every ten minutes. The previous mining work does not advance a miner toward mining a block, mining is a random or unpredictable procedure that is more like a game of chance than a building project.\r\n\r\nIt would take a long time for an individual miner using a single ASIC or computer to mine the entire bitcoin. There is intense competition for the remaining bitcoin supply that can be mined.\r\n\r\nThe earnings of a Bitcoin mining process and the time required to mine a single Bitcoin are determined by a number of factors. Given the fluctuations of the price of bitcoin, the cost of energy, and the challenge of mining bitcoin, these factors can yield essential figures for the profits of a mining operation in terms of bitcoin; however, all of the calculations are fluctuating and uncertain.\r\n\r\nEffect on Bitcoin Mining landscape when all 21 Million Bitcoins will be mined\n\r\nNo more Bitcoin will be created after the 21 million maximum supply is exhausted, even if the total quantity of coins in circulation eventually declines by a small amount. Bitcoin miners will still be paid, mainly in the form of transaction processing fees, and transactions will still be validated and compiled into blocks.\r\n\r\nIt is anticipated that the final Bitcoin will be mined around 2140. The way that Bitcoin develops will determine how miners are affected when it reaches its maximum supply limit. Miners can still make money by imposing substantial amounts of money to process large volumes of transactions if Bitcoin is primarily used as an asset of value rather than for regular transactions.\r\n\r\nEvery four years, the block reward is cut in half. It was cut in half to 25 bitcoins in 2012 and then to 12.5 in 2016. Miners can only make 6.25 bitcoin today for each new block. When the hard cap on supply is eventually accomplished, miners won’t be compensated with bitcoins for creating new blocks. They will then only be paid for their network participation through transaction fees.\r\n\r\nHowever, the cost of mining operations will eventually outweigh the rewards made by the miners because mining rewards are cut in half every four years. It may occur even prior to the fixed supply reaching its maximum supply."}" data-sheets-root="1" data-mce-fragment="1">随着供应量接近上限，且挖矿活动持续进行，一个有趣的问题随之而来：一旦 2100 万枚 比特币全部被挖出，会发生什么？在这篇博文中，我们将探讨这一里程碑可能带来的结果和后果。

{"1":14}{"1":573,"2":{"5":1}} {"1":603}{"1":1478,"2":{"5":1}} {"1":1533}{"1":3125,"2":{"5":1}} {"1":3173}{"1":4312,"2":{"5":1}} {"1":4390}" data-sheets-userformat="{"2":641,"3":{"1":0},"10":0,"12":0}" data-sheets-value="{"1":2,"2":"Quick Summary\n\r\nEver since its launch, Bitcoin—the original cryptocurrency—has drawn the interest of both supporters and critics. However, the main characteristic that distinguishes Bitcoin from other cryptocurrencies is its limited supply. There is a limit of 21 million Bitcoins that will ever be in circulation.\r\n\r\nAn interesting question is brought up as the supply gets closer to this cap and mining keeps going on: What happens to Bitcoin once all 21 million of it are mined? In this blog post, we will explore the possible outcomes and aftermath of this milestone.\n\nAn Overview of Bitcoin Mining\n\r\nThe process of creating new Bitcoins and adding transactions to the blockchain—a public ledger—is called Bitcoin mining. It is essential to the functioning of the Bitcoin network as well as to keep the security of the Bitcoin network. New bitcoins are created via mining, which also verifies fresh transactions against the network that holds Bitcoin.\r\n\r\nOn the Bitcoin network, transactions are computationally validated before being added to the blockchain ledger. To confirm that transaction blocks generated on the decentralized platform are correct, solving intricate cryptographic hash puzzles is a requirement.\r\n\r\nAfter receiving a set of transaction data, miners apply a cryptographic algorithm to produce a unique hash. The hash detects manipulation when any detail is altered. Every block contains the hash of the previous block, so changes are easily visible.\r\n\r\nHistorical background on the Limited supply of Bitcoin\n\r\nThe unknown Satoshi Nakamoto is the man behind the Bitcoin network. No one knows much about him, but his efforts in the Bitcoin mining landscape are worth appreciating. In the world of Bitcoin, his identity remains one of the greatest mysteries. Still, we can determine what he desired from the network based on how the Bitcoin Blockchain was implemented.\r\n\r\nThe goal of the Bitcoin network was to develop a digital currency that would be the antithesis of fiat money, as outlined in his well-known whitepaper. As the world economy was still recovering from the catastrophic 2008 financial crisis, Bitcoin (BTC) had to be totally decentralized and unaffected by banks or other centralized authorities. It also had to be inflation-resistant.\r\n\r\nNakamoto included a set amount of BTC into the network’s program to prevent rising prices. BTC is a scarce asset due to its limited supply, which may eventually cause its price to rise. There will only be 21 million bitcoins in circulation, and they will be created at a set rate to guarantee a constant flow of liquidity. At one moment only one new block is mined and so new bitcoins come into existence.\r\n\r\nAdditionally, Nakamoto included a feature that reduces the amount of bitcoins produced by half every four years for each block. When the first block was added in 2009, miners would get paid 50 bitcoins. It decreased to 25 bitcoins after four years, and the cycle will keep going until there are no more bitcoins available for mining. Around 1,348,775 Million Bitcoins are left to mine out of all the 21 Million Bitcoins in existence.\r\n\r\nHow much time does it take to mine one Bitcoin?\n\r\nThe amount of time required to mine a single bitcoin is determined by your percentage of the network’s total processing power. You will earn bitcoin more quickly the more significant your share is.\r\n\r\nInstead of mining in a continuous stream, bitcoin is mined in blocks. A miner generates a block, which rewards them with new bitcoin roughly every ten minutes. The previous mining work does not advance a miner toward mining a block, mining is a random or unpredictable procedure that is more like a game of chance than a building project.\r\n\r\nIt would take a long time for an individual miner using a single ASIC or computer to mine the entire bitcoin. There is intense competition for the remaining bitcoin supply that can be mined.\r\n\r\nThe earnings of a Bitcoin mining process and the time required to mine a single Bitcoin are determined by a number of factors. Given the fluctuations of the price of bitcoin, the cost of energy, and the challenge of mining bitcoin, these factors can yield essential figures for the profits of a mining operation in terms of bitcoin; however, all of the calculations are fluctuating and uncertain.\r\n\r\nEffect on Bitcoin Mining landscape when all 21 Million Bitcoins will be mined\n\r\nNo more Bitcoin will be created after the 21 million maximum supply is exhausted, even if the total quantity of coins in circulation eventually declines by a small amount. Bitcoin miners will still be paid, mainly in the form of transaction processing fees, and transactions will still be validated and compiled into blocks.\r\n\r\nIt is anticipated that the final Bitcoin will be mined around 2140. The way that Bitcoin develops will determine how miners are affected when it reaches its maximum supply limit. Miners can still make money by imposing substantial amounts of money to process large volumes of transactions if Bitcoin is primarily used as an asset of value rather than for regular transactions.\r\n\r\nEvery four years, the block reward is cut in half. It was cut in half to 25 bitcoins in 2012 and then to 12.5 in 2016. Miners can only make 6.25 bitcoin today for each new block. When the hard cap on supply is eventually accomplished, miners won’t be compensated with bitcoins for creating new blocks. They will then only be paid for their network participation through transaction fees.\r\n\r\nHowever, the cost of mining operations will eventually outweigh the rewards made by the miners because mining rewards are cut in half every four years. It may occur even prior to the fixed supply reaching its maximum supply."}" data-sheets-root="1" data-mce-fragment="1">比特币挖矿概述 {"1":14}{"1":573,"2":{"5":1}} {"1":603}{"1":1478,"2":{"5":1}} {"1":1533}{"1":3125,"2":{"5":1}} {"1":3173}{"1":4312,"2":{"5":1}} {"1":4390}" data-sheets-userformat="{"2":641,"3":{"1":0},"10":0,"12":0}" data-sheets-value="{"1":2,"2":"Quick Summary\n\r\nEver since its launch, Bitcoin—the original cryptocurrency—has drawn the interest of both supporters and critics. However, the main characteristic that distinguishes Bitcoin from other cryptocurrencies is its limited supply. There is a limit of 21 million Bitcoins that will ever be in circulation.\r\n\r\nAn interesting question is brought up as the supply gets closer to this cap and mining keeps going on: What happens to Bitcoin once all 21 million of it are mined? In this blog post, we will explore the possible outcomes and aftermath of this milestone.\n\nAn Overview of Bitcoin Mining\n\r\nThe process of creating new Bitcoins and adding transactions to the blockchain—a public ledger—is called Bitcoin mining. It is essential to the functioning of the Bitcoin network as well as to keep the security of the Bitcoin network. New bitcoins are created via mining, which also verifies fresh transactions against the network that holds Bitcoin.\r\n\r\nOn the Bitcoin network, transactions are computationally validated before being added to the blockchain ledger. To confirm that transaction blocks generated on the decentralized platform are correct, solving intricate cryptographic hash puzzles is a requirement.\r\n\r\nAfter receiving a set of transaction data, miners apply a cryptographic algorithm to produce a unique hash. The hash detects manipulation when any detail is altered. Every block contains the hash of the previous block, so changes are easily visible.\r\n\r\nHistorical background on the Limited supply of Bitcoin\n\r\nThe unknown Satoshi Nakamoto is the man behind the Bitcoin network. No one knows much about him, but his efforts in the Bitcoin mining landscape are worth appreciating. In the world of Bitcoin, his identity remains one of the greatest mysteries. Still, we can determine what he desired from the network based on how the Bitcoin Blockchain was implemented.\r\n\r\nThe goal of the Bitcoin network was to develop a digital currency that would be the antithesis of fiat money, as outlined in his well-known whitepaper. As the world economy was still recovering from the catastrophic 2008 financial crisis, Bitcoin (BTC) had to be totally decentralized and unaffected by banks or other centralized authorities. It also had to be inflation-resistant.\r\n\r\nNakamoto included a set amount of BTC into the network’s program to prevent rising prices. BTC is a scarce asset due to its limited supply, which may eventually cause its price to rise. There will only be 21 million bitcoins in circulation, and they will be created at a set rate to guarantee a constant flow of liquidity. At one moment only one new block is mined and so new bitcoins come into existence.\r\n\r\nAdditionally, Nakamoto included a feature that reduces the amount of bitcoins produced by half every four years for each block. When the first block was added in 2009, miners would get paid 50 bitcoins. It decreased to 25 bitcoins after four years, and the cycle will keep going until there are no more bitcoins available for mining. Around 1,348,775 Million Bitcoins are left to mine out of all the 21 Million Bitcoins in existence.\r\n\r\nHow much time does it take to mine one Bitcoin?\n\r\nThe amount of time required to mine a single bitcoin is determined by your percentage of the network’s total processing power. You will earn bitcoin more quickly the more significant your share is.\r\n\r\nInstead of mining in a continuous stream, bitcoin is mined in blocks. A miner generates a block, which rewards them with new bitcoin roughly every ten minutes. The previous mining work does not advance a miner toward mining a block, mining is a random or unpredictable procedure that is more like a game of chance than a building project.\r\n\r\nIt would take a long time for an individual miner using a single ASIC or computer to mine the entire bitcoin. There is intense competition for the remaining bitcoin supply that can be mined.\r\n\r\nThe earnings of a Bitcoin mining process and the time required to mine a single Bitcoin are determined by a number of factors. Given the fluctuations of the price of bitcoin, the cost of energy, and the challenge of mining bitcoin, these factors can yield essential figures for the profits of a mining operation in terms of bitcoin; however, all of the calculations are fluctuating and uncertain.\r\n\r\nEffect on Bitcoin Mining landscape when all 21 Million Bitcoins will be mined\n\r\nNo more Bitcoin will be created after the 21 million maximum supply is exhausted, even if the total quantity of coins in circulation eventually declines by a small amount. Bitcoin miners will still be paid, mainly in the form of transaction processing fees, and transactions will still be validated and compiled into blocks.\r\n\r\nIt is anticipated that the final Bitcoin will be mined around 2140. The way that Bitcoin develops will determine how miners are affected when it reaches its maximum supply limit. Miners can still make money by imposing substantial amounts of money to process large volumes of transactions if Bitcoin is primarily used as an asset of value rather than for regular transactions.\r\n\r\nEvery four years, the block reward is cut in half. It was cut in half to 25 bitcoins in 2012 and then to 12.5 in 2016. Miners can only make 6.25 bitcoin today for each new block. When the hard cap on supply is eventually accomplished, miners won’t be compensated with bitcoins for creating new blocks. They will then only be paid for their network participation through transaction fees.\r\n\r\nHowever, the cost of mining operations will eventually outweigh the rewards made by the miners because mining rewards are cut in half every four years. It may occur even prior to the fixed supply reaching its maximum supply."}" data-sheets-root="1" data-mce-fragment="1">创建新的比特币并将交易添加到区块链（公共账本）的过程称为比特币挖矿。这对于比特币网络的运行以及维护比特币网络的安全至关重要。新的比特币是通过挖矿创建的，这也会针对持有比特币的网络验证新的交易。

{"1":14}{"1":573,"2":{"5":1}} {"1":603}{"1":1478,"2":{"5":1}} {"1":1533}{"1":3125,"2":{"5":1}} {"1":3173}{"1":4312,"2":{"5":1}} {"1":4390}" data-sheets-userformat="{"2":641,"3":{"1":0},"10":0,"12":0}" data-sheets-value="{"1":2,"2":"Quick Summary\n\r\nEver since its launch, Bitcoin—the original cryptocurrency—has drawn the interest of both supporters and critics. However, the main characteristic that distinguishes Bitcoin from other cryptocurrencies is its limited supply. There is a limit of 21 million Bitcoins that will ever be in circulation.\r\n\r\nAn interesting question is brought up as the supply gets closer to this cap and mining keeps going on: What happens to Bitcoin once all 21 million of it are mined? In this blog post, we will explore the possible outcomes and aftermath of this milestone.\n\nAn Overview of Bitcoin Mining\n\r\nThe process of creating new Bitcoins and adding transactions to the blockchain—a public ledger—is called Bitcoin mining. It is essential to the functioning of the Bitcoin network as well as to keep the security of the Bitcoin network. New bitcoins are created via mining, which also verifies fresh transactions against the network that holds Bitcoin.\r\n\r\nOn the Bitcoin network, transactions are computationally validated before being added to the blockchain ledger. To confirm that transaction blocks generated on the decentralized platform are correct, solving intricate cryptographic hash puzzles is a requirement.\r\n\r\nAfter receiving a set of transaction data, miners apply a cryptographic algorithm to produce a unique hash. The hash detects manipulation when any detail is altered. Every block contains the hash of the previous block, so changes are easily visible.\r\n\r\nHistorical background on the Limited supply of Bitcoin\n\r\nThe unknown Satoshi Nakamoto is the man behind the Bitcoin network. No one knows much about him, but his efforts in the Bitcoin mining landscape are worth appreciating. In the world of Bitcoin, his identity remains one of the greatest mysteries. Still, we can determine what he desired from the network based on how the Bitcoin Blockchain was implemented.\r\n\r\nThe goal of the Bitcoin network was to develop a digital currency that would be the antithesis of fiat money, as outlined in his well-known whitepaper. As the world economy was still recovering from the catastrophic 2008 financial crisis, Bitcoin (BTC) had to be totally decentralized and unaffected by banks or other centralized authorities. It also had to be inflation-resistant.\r\n\r\nNakamoto included a set amount of BTC into the network’s program to prevent rising prices. BTC is a scarce asset due to its limited supply, which may eventually cause its price to rise. There will only be 21 million bitcoins in circulation, and they will be created at a set rate to guarantee a constant flow of liquidity. At one moment only one new block is mined and so new bitcoins come into existence.\r\n\r\nAdditionally, Nakamoto included a feature that reduces the amount of bitcoins produced by half every four years for each block. When the first block was added in 2009, miners would get paid 50 bitcoins. It decreased to 25 bitcoins after four years, and the cycle will keep going until there are no more bitcoins available for mining. Around 1,348,775 Million Bitcoins are left to mine out of all the 21 Million Bitcoins in existence.\r\n\r\nHow much time does it take to mine one Bitcoin?\n\r\nThe amount of time required to mine a single bitcoin is determined by your percentage of the network’s total processing power. You will earn bitcoin more quickly the more significant your share is.\r\n\r\nInstead of mining in a continuous stream, bitcoin is mined in blocks. A miner generates a block, which rewards them with new bitcoin roughly every ten minutes. The previous mining work does not advance a miner toward mining a block, mining is a random or unpredictable procedure that is more like a game of chance than a building project.\r\n\r\nIt would take a long time for an individual miner using a single ASIC or computer to mine the entire bitcoin. There is intense competition for the remaining bitcoin supply that can be mined.\r\n\r\nThe earnings of a Bitcoin mining process and the time required to mine a single Bitcoin are determined by a number of factors. Given the fluctuations of the price of bitcoin, the cost of energy, and the challenge of mining bitcoin, these factors can yield essential figures for the profits of a mining operation in terms of bitcoin; however, all of the calculations are fluctuating and uncertain.\r\n\r\nEffect on Bitcoin Mining landscape when all 21 Million Bitcoins will be mined\n\r\nNo more Bitcoin will be created after the 21 million maximum supply is exhausted, even if the total quantity of coins in circulation eventually declines by a small amount. Bitcoin miners will still be paid, mainly in the form of transaction processing fees, and transactions will still be validated and compiled into blocks.\r\n\r\nIt is anticipated that the final Bitcoin will be mined around 2140. The way that Bitcoin develops will determine how miners are affected when it reaches its maximum supply limit. Miners can still make money by imposing substantial amounts of money to process large volumes of transactions if Bitcoin is primarily used as an asset of value rather than for regular transactions.\r\n\r\nEvery four years, the block reward is cut in half. It was cut in half to 25 bitcoins in 2012 and then to 12.5 in 2016. Miners can only make 6.25 bitcoin today for each new block. When the hard cap on supply is eventually accomplished, miners won’t be compensated with bitcoins for creating new blocks. They will then only be paid for their network participation through transaction fees.\r\n\r\nHowever, the cost of mining operations will eventually outweigh the rewards made by the miners because mining rewards are cut in half every four years. It may occur even prior to the fixed supply reaching its maximum supply."}" data-sheets-root="1" data-mce-fragment="1">在比特币网络上，交易在添加到区块链账本之前需要经过计算验证。为了确认在去中心化平台上生成的交易区块是正确的，需要解决复杂的加密哈希难题。

{"1":14}{"1":573,"2":{"5":1}} {"1":603}{"1":1478,"2":{"5":1}} {"1":1533}{"1":3125,"2":{"5":1}} {"1":3173}{"1":4312,"2":{"5":1}} {"1":4390}" data-sheets-userformat="{"2":641,"3":{"1":0},"10":0,"12":0}" data-sheets-value="{"1":2,"2":"Quick Summary\n\r\nEver since its launch, Bitcoin—the original cryptocurrency—has drawn the interest of both supporters and critics. However, the main characteristic that distinguishes Bitcoin from other cryptocurrencies is its limited supply. There is a limit of 21 million Bitcoins that will ever be in circulation.\r\n\r\nAn interesting question is brought up as the supply gets closer to this cap and mining keeps going on: What happens to Bitcoin once all 21 million of it are mined? In this blog post, we will explore the possible outcomes and aftermath of this milestone.\n\nAn Overview of Bitcoin Mining\n\r\nThe process of creating new Bitcoins and adding transactions to the blockchain—a public ledger—is called Bitcoin mining. It is essential to the functioning of the Bitcoin network as well as to keep the security of the Bitcoin network. New bitcoins are created via mining, which also verifies fresh transactions against the network that holds Bitcoin.\r\n\r\nOn the Bitcoin network, transactions are computationally validated before being added to the blockchain ledger. To confirm that transaction blocks generated on the decentralized platform are correct, solving intricate cryptographic hash puzzles is a requirement.\r\n\r\nAfter receiving a set of transaction data, miners apply a cryptographic algorithm to produce a unique hash. The hash detects manipulation when any detail is altered. Every block contains the hash of the previous block, so changes are easily visible.\r\n\r\nHistorical background on the Limited supply of Bitcoin\n\r\nThe unknown Satoshi Nakamoto is the man behind the Bitcoin network. No one knows much about him, but his efforts in the Bitcoin mining landscape are worth appreciating. In the world of Bitcoin, his identity remains one of the greatest mysteries. Still, we can determine what he desired from the network based on how the Bitcoin Blockchain was implemented.\r\n\r\nThe goal of the Bitcoin network was to develop a digital currency that would be the antithesis of fiat money, as outlined in his well-known whitepaper. As the world economy was still recovering from the catastrophic 2008 financial crisis, Bitcoin (BTC) had to be totally decentralized and unaffected by banks or other centralized authorities. It also had to be inflation-resistant.\r\n\r\nNakamoto included a set amount of BTC into the network’s program to prevent rising prices. BTC is a scarce asset due to its limited supply, which may eventually cause its price to rise. There will only be 21 million bitcoins in circulation, and they will be created at a set rate to guarantee a constant flow of liquidity. At one moment only one new block is mined and so new bitcoins come into existence.\r\n\r\nAdditionally, Nakamoto included a feature that reduces the amount of bitcoins produced by half every four years for each block. When the first block was added in 2009, miners would get paid 50 bitcoins. It decreased to 25 bitcoins after four years, and the cycle will keep going until there are no more bitcoins available for mining. Around 1,348,775 Million Bitcoins are left to mine out of all the 21 Million Bitcoins in existence.\r\n\r\nHow much time does it take to mine one Bitcoin?\n\r\nThe amount of time required to mine a single bitcoin is determined by your percentage of the network’s total processing power. You will earn bitcoin more quickly the more significant your share is.\r\n\r\nInstead of mining in a continuous stream, bitcoin is mined in blocks. A miner generates a block, which rewards them with new bitcoin roughly every ten minutes. The previous mining work does not advance a miner toward mining a block, mining is a random or unpredictable procedure that is more like a game of chance than a building project.\r\n\r\nIt would take a long time for an individual miner using a single ASIC or computer to mine the entire bitcoin. There is intense competition for the remaining bitcoin supply that can be mined.\r\n\r\nThe earnings of a Bitcoin mining process and the time required to mine a single Bitcoin are determined by a number of factors. Given the fluctuations of the price of bitcoin, the cost of energy, and the challenge of mining bitcoin, these factors can yield essential figures for the profits of a mining operation in terms of bitcoin; however, all of the calculations are fluctuating and uncertain.\r\n\r\nEffect on Bitcoin Mining landscape when all 21 Million Bitcoins will be mined\n\r\nNo more Bitcoin will be created after the 21 million maximum supply is exhausted, even if the total quantity of coins in circulation eventually declines by a small amount. Bitcoin miners will still be paid, mainly in the form of transaction processing fees, and transactions will still be validated and compiled into blocks.\r\n\r\nIt is anticipated that the final Bitcoin will be mined around 2140. The way that Bitcoin develops will determine how miners are affected when it reaches its maximum supply limit. Miners can still make money by imposing substantial amounts of money to process large volumes of transactions if Bitcoin is primarily used as an asset of value rather than for regular transactions.\r\n\r\nEvery four years, the block reward is cut in half. It was cut in half to 25 bitcoins in 2012 and then to 12.5 in 2016. Miners can only make 6.25 bitcoin today for each new block. When the hard cap on supply is eventually accomplished, miners won’t be compensated with bitcoins for creating new blocks. They will then only be paid for their network participation through transaction fees.\r\n\r\nHowever, the cost of mining operations will eventually outweigh the rewards made by the miners because mining rewards are cut in half every four years. It may occur even prior to the fixed supply reaching its maximum supply."}" data-sheets-root="1" data-mce-fragment="1">收到一组交易数据后，矿机会应用加密算法生成唯一的哈希值。当任何细节被更改时，哈希值会检测到操纵。每个区块都包含前一个区块的哈希值，因此更改很容易被发现。

{"1":14}{"1":573,"2":{"5":1}} {"1":603}{"1":1478,"2":{"5":1}} {"1":1533}{"1":3125,"2":{"5":1}} {"1":3173}{"1":4312,"2":{"5":1}} {"1":4390}" data-sheets-userformat="{"2":641,"3":{"1":0},"10":0,"12":0}" data-sheets-value="{"1":2,"2":"Quick Summary\n\r\nEver since its launch, Bitcoin—the original cryptocurrency—has drawn the interest of both supporters and critics. However, the main characteristic that distinguishes Bitcoin from other cryptocurrencies is its limited supply. There is a limit of 21 million Bitcoins that will ever be in circulation.\r\n\r\nAn interesting question is brought up as the supply gets closer to this cap and mining keeps going on: What happens to Bitcoin once all 21 million of it are mined? In this blog post, we will explore the possible outcomes and aftermath of this milestone.\n\nAn Overview of Bitcoin Mining\n\r\nThe process of creating new Bitcoins and adding transactions to the blockchain—a public ledger—is called Bitcoin mining. It is essential to the functioning of the Bitcoin network as well as to keep the security of the Bitcoin network. New bitcoins are created via mining, which also verifies fresh transactions against the network that holds Bitcoin.\r\n\r\nOn the Bitcoin network, transactions are computationally validated before being added to the blockchain ledger. To confirm that transaction blocks generated on the decentralized platform are correct, solving intricate cryptographic hash puzzles is a requirement.\r\n\r\nAfter receiving a set of transaction data, miners apply a cryptographic algorithm to produce a unique hash. The hash detects manipulation when any detail is altered. Every block contains the hash of the previous block, so changes are easily visible.\r\n\r\nHistorical background on the Limited supply of Bitcoin\n\r\nThe unknown Satoshi Nakamoto is the man behind the Bitcoin network. No one knows much about him, but his efforts in the Bitcoin mining landscape are worth appreciating. In the world of Bitcoin, his identity remains one of the greatest mysteries. Still, we can determine what he desired from the network based on how the Bitcoin Blockchain was implemented.\r\n\r\nThe goal of the Bitcoin network was to develop a digital currency that would be the antithesis of fiat money, as outlined in his well-known whitepaper. As the world economy was still recovering from the catastrophic 2008 financial crisis, Bitcoin (BTC) had to be totally decentralized and unaffected by banks or other centralized authorities. It also had to be inflation-resistant.\r\n\r\nNakamoto included a set amount of BTC into the network’s program to prevent rising prices. BTC is a scarce asset due to its limited supply, which may eventually cause its price to rise. There will only be 21 million bitcoins in circulation, and they will be created at a set rate to guarantee a constant flow of liquidity. At one moment only one new block is mined and so new bitcoins come into existence.\r\n\r\nAdditionally, Nakamoto included a feature that reduces the amount of bitcoins produced by half every four years for each block. When the first block was added in 2009, miners would get paid 50 bitcoins. It decreased to 25 bitcoins after four years, and the cycle will keep going until there are no more bitcoins available for mining. Around 1,348,775 Million Bitcoins are left to mine out of all the 21 Million Bitcoins in existence.\r\n\r\nHow much time does it take to mine one Bitcoin?\n\r\nThe amount of time required to mine a single bitcoin is determined by your percentage of the network’s total processing power. You will earn bitcoin more quickly the more significant your share is.\r\n\r\nInstead of mining in a continuous stream, bitcoin is mined in blocks. A miner generates a block, which rewards them with new bitcoin roughly every ten minutes. The previous mining work does not advance a miner toward mining a block, mining is a random or unpredictable procedure that is more like a game of chance than a building project.\r\n\r\nIt would take a long time for an individual miner using a single ASIC or computer to mine the entire bitcoin. There is intense competition for the remaining bitcoin supply that can be mined.\r\n\r\nThe earnings of a Bitcoin mining process and the time required to mine a single Bitcoin are determined by a number of factors. Given the fluctuations of the price of bitcoin, the cost of energy, and the challenge of mining bitcoin, these factors can yield essential figures for the profits of a mining operation in terms of bitcoin; however, all of the calculations are fluctuating and uncertain.\r\n\r\nEffect on Bitcoin Mining landscape when all 21 Million Bitcoins will be mined\n\r\nNo more Bitcoin will be created after the 21 million maximum supply is exhausted, even if the total quantity of coins in circulation eventually declines by a small amount. Bitcoin miners will still be paid, mainly in the form of transaction processing fees, and transactions will still be validated and compiled into blocks.\r\n\r\nIt is anticipated that the final Bitcoin will be mined around 2140. The way that Bitcoin develops will determine how miners are affected when it reaches its maximum supply limit. Miners can still make money by imposing substantial amounts of money to process large volumes of transactions if Bitcoin is primarily used as an asset of value rather than for regular transactions.\r\n\r\nEvery four years, the block reward is cut in half. It was cut in half to 25 bitcoins in 2012 and then to 12.5 in 2016. Miners can only make 6.25 bitcoin today for each new block. When the hard cap on supply is eventually accomplished, miners won’t be compensated with bitcoins for creating new blocks. They will then only be paid for their network participation through transaction fees.\r\n\r\nHowever, the cost of mining operations will eventually outweigh the rewards made by the miners because mining rewards are cut in half every four years. It may occur even prior to the fixed supply reaching its maximum supply."}" data-sheets-root="1" data-mce-fragment="1">比特币有限供应的历史背景 {"1":14}{"1":573,"2":{"5":1}} {"1":603}{"1":1478,"2":{"5":1}} {"1":1533}{"1":3125,"2":{"5":1}} {"1":3173}{"1":4312,"2":{"5":1}} {"1":4390}" data-sheets-userformat="{"2":641,"3":{"1":0},"10":0,"12":0}" data-sheets-value="{"1":2,"2":"Quick Summary\n\r\nEver since its launch, Bitcoin—the original cryptocurrency—has drawn the interest of both supporters and critics. However, the main characteristic that distinguishes Bitcoin from other cryptocurrencies is its limited supply. There is a limit of 21 million Bitcoins that will ever be in circulation.\r\n\r\nAn interesting question is brought up as the supply gets closer to this cap and mining keeps going on: What happens to Bitcoin once all 21 million of it are mined? In this blog post, we will explore the possible outcomes and aftermath of this milestone.\n\nAn Overview of Bitcoin Mining\n\r\nThe process of creating new Bitcoins and adding transactions to the blockchain—a public ledger—is called Bitcoin mining. It is essential to the functioning of the Bitcoin network as well as to keep the security of the Bitcoin network. New bitcoins are created via mining, which also verifies fresh transactions against the network that holds Bitcoin.\r\n\r\nOn the Bitcoin network, transactions are computationally validated before being added to the blockchain ledger. To confirm that transaction blocks generated on the decentralized platform are correct, solving intricate cryptographic hash puzzles is a requirement.\r\n\r\nAfter receiving a set of transaction data, miners apply a cryptographic algorithm to produce a unique hash. The hash detects manipulation when any detail is altered. Every block contains the hash of the previous block, so changes are easily visible.\r\n\r\nHistorical background on the Limited supply of Bitcoin\n\r\nThe unknown Satoshi Nakamoto is the man behind the Bitcoin network. No one knows much about him, but his efforts in the Bitcoin mining landscape are worth appreciating. In the world of Bitcoin, his identity remains one of the greatest mysteries. Still, we can determine what he desired from the network based on how the Bitcoin Blockchain was implemented.\r\n\r\nThe goal of the Bitcoin network was to develop a digital currency that would be the antithesis of fiat money, as outlined in his well-known whitepaper. As the world economy was still recovering from the catastrophic 2008 financial crisis, Bitcoin (BTC) had to be totally decentralized and unaffected by banks or other centralized authorities. It also had to be inflation-resistant.\r\n\r\nNakamoto included a set amount of BTC into the network’s program to prevent rising prices. BTC is a scarce asset due to its limited supply, which may eventually cause its price to rise. There will only be 21 million bitcoins in circulation, and they will be created at a set rate to guarantee a constant flow of liquidity. At one moment only one new block is mined and so new bitcoins come into existence.\r\n\r\nAdditionally, Nakamoto included a feature that reduces the amount of bitcoins produced by half every four years for each block. When the first block was added in 2009, miners would get paid 50 bitcoins. It decreased to 25 bitcoins after four years, and the cycle will keep going until there are no more bitcoins available for mining. Around 1,348,775 Million Bitcoins are left to mine out of all the 21 Million Bitcoins in existence.\r\n\r\nHow much time does it take to mine one Bitcoin?\n\r\nThe amount of time required to mine a single bitcoin is determined by your percentage of the network’s total processing power. You will earn bitcoin more quickly the more significant your share is.\r\n\r\nInstead of mining in a continuous stream, bitcoin is mined in blocks. A miner generates a block, which rewards them with new bitcoin roughly every ten minutes. The previous mining work does not advance a miner toward mining a block, mining is a random or unpredictable procedure that is more like a game of chance than a building project.\r\n\r\nIt would take a long time for an individual miner using a single ASIC or computer to mine the entire bitcoin. There is intense competition for the remaining bitcoin supply that can be mined.\r\n\r\nThe earnings of a Bitcoin mining process and the time required to mine a single Bitcoin are determined by a number of factors. Given the fluctuations of the price of bitcoin, the cost of energy, and the challenge of mining bitcoin, these factors can yield essential figures for the profits of a mining operation in terms of bitcoin; however, all of the calculations are fluctuating and uncertain.\r\n\r\nEffect on Bitcoin Mining landscape when all 21 Million Bitcoins will be mined\n\r\nNo more Bitcoin will be created after the 21 million maximum supply is exhausted, even if the total quantity of coins in circulation eventually declines by a small amount. Bitcoin miners will still be paid, mainly in the form of transaction processing fees, and transactions will still be validated and compiled into blocks.\r\n\r\nIt is anticipated that the final Bitcoin will be mined around 2140. The way that Bitcoin develops will determine how miners are affected when it reaches its maximum supply limit. Miners can still make money by imposing substantial amounts of money to process large volumes of transactions if Bitcoin is primarily used as an asset of value rather than for regular transactions.\r\n\r\nEvery four years, the block reward is cut in half. It was cut in half to 25 bitcoins in 2012 and then to 12.5 in 2016. Miners can only make 6.25 bitcoin today for each new block. When the hard cap on supply is eventually accomplished, miners won’t be compensated with bitcoins for creating new blocks. They will then only be paid for their network participation through transaction fees.\r\n\r\nHowever, the cost of mining operations will eventually outweigh the rewards made by the miners because mining rewards are cut in half every four years. It may occur even prior to the fixed supply reaching its maximum supply."}" data-sheets-root="1" data-mce-fragment="1">不为人知的中本聪是比特币网络背后的人。没有人知道他，但他在比特币挖矿领域的努力值得赞赏。在比特币的世界里，他的身份仍然是最大的谜团之一。不过，我们可以根据比特币区块链的实现方式来确定他想从网络中得到什么。

{"1":14}{"1":573,"2":{"5":1}} {"1":603}{"1":1478,"2":{"5":1}} {"1":1533}{"1":3125,"2":{"5":1}} {"1":3173}{"1":4312,"2":{"5":1}} {"1":4390}" data-sheets-userformat="{"2":641,"3":{"1":0},"10":0,"12":0}" data-sheets-value="{"1":2,"2":"Quick Summary\n\r\nEver since its launch, Bitcoin—the original cryptocurrency—has drawn the interest of both supporters and critics. However, the main characteristic that distinguishes Bitcoin from other cryptocurrencies is its limited supply. There is a limit of 21 million Bitcoins that will ever be in circulation.\r\n\r\nAn interesting question is brought up as the supply gets closer to this cap and mining keeps going on: What happens to Bitcoin once all 21 million of it are mined? In this blog post, we will explore the possible outcomes and aftermath of this milestone.\n\nAn Overview of Bitcoin Mining\n\r\nThe process of creating new Bitcoins and adding transactions to the blockchain—a public ledger—is called Bitcoin mining. It is essential to the functioning of the Bitcoin network as well as to keep the security of the Bitcoin network. New bitcoins are created via mining, which also verifies fresh transactions against the network that holds Bitcoin.\r\n\r\nOn the Bitcoin network, transactions are computationally validated before being added to the blockchain ledger. To confirm that transaction blocks generated on the decentralized platform are correct, solving intricate cryptographic hash puzzles is a requirement.\r\n\r\nAfter receiving a set of transaction data, miners apply a cryptographic algorithm to produce a unique hash. The hash detects manipulation when any detail is altered. Every block contains the hash of the previous block, so changes are easily visible.\r\n\r\nHistorical background on the Limited supply of Bitcoin\n\r\nThe unknown Satoshi Nakamoto is the man behind the Bitcoin network. No one knows much about him, but his efforts in the Bitcoin mining landscape are worth appreciating. In the world of Bitcoin, his identity remains one of the greatest mysteries. Still, we can determine what he desired from the network based on how the Bitcoin Blockchain was implemented.\r\n\r\nThe goal of the Bitcoin network was to develop a digital currency that would be the antithesis of fiat money, as outlined in his well-known whitepaper. As the world economy was still recovering from the catastrophic 2008 financial crisis, Bitcoin (BTC) had to be totally decentralized and unaffected by banks or other centralized authorities. It also had to be inflation-resistant.\r\n\r\nNakamoto included a set amount of BTC into the network’s program to prevent rising prices. BTC is a scarce asset due to its limited supply, which may eventually cause its price to rise. There will only be 21 million bitcoins in circulation, and they will be created at a set rate to guarantee a constant flow of liquidity. At one moment only one new block is mined and so new bitcoins come into existence.\r\n\r\nAdditionally, Nakamoto included a feature that reduces the amount of bitcoins produced by half every four years for each block. When the first block was added in 2009, miners would get paid 50 bitcoins. It decreased to 25 bitcoins after four years, and the cycle will keep going until there are no more bitcoins available for mining. Around 1,348,775 Million Bitcoins are left to mine out of all the 21 Million Bitcoins in existence.\r\n\r\nHow much time does it take to mine one Bitcoin?\n\r\nThe amount of time required to mine a single bitcoin is determined by your percentage of the network’s total processing power. You will earn bitcoin more quickly the more significant your share is.\r\n\r\nInstead of mining in a continuous stream, bitcoin is mined in blocks. A miner generates a block, which rewards them with new bitcoin roughly every ten minutes. The previous mining work does not advance a miner toward mining a block, mining is a random or unpredictable procedure that is more like a game of chance than a building project.\r\n\r\nIt would take a long time for an individual miner using a single ASIC or computer to mine the entire bitcoin. There is intense competition for the remaining bitcoin supply that can be mined.\r\n\r\nThe earnings of a Bitcoin mining process and the time required to mine a single Bitcoin are determined by a number of factors. Given the fluctuations of the price of bitcoin, the cost of energy, and the challenge of mining bitcoin, these factors can yield essential figures for the profits of a mining operation in terms of bitcoin; however, all of the calculations are fluctuating and uncertain.\r\n\r\nEffect on Bitcoin Mining landscape when all 21 Million Bitcoins will be mined\n\r\nNo more Bitcoin will be created after the 21 million maximum supply is exhausted, even if the total quantity of coins in circulation eventually declines by a small amount. Bitcoin miners will still be paid, mainly in the form of transaction processing fees, and transactions will still be validated and compiled into blocks.\r\n\r\nIt is anticipated that the final Bitcoin will be mined around 2140. The way that Bitcoin develops will determine how miners are affected when it reaches its maximum supply limit. Miners can still make money by imposing substantial amounts of money to process large volumes of transactions if Bitcoin is primarily used as an asset of value rather than for regular transactions.\r\n\r\nEvery four years, the block reward is cut in half. It was cut in half to 25 bitcoins in 2012 and then to 12.5 in 2016. Miners can only make 6.25 bitcoin today for each new block. When the hard cap on supply is eventually accomplished, miners won’t be compensated with bitcoins for creating new blocks. They will then only be paid for their network participation through transaction fees.\r\n\r\nHowever, the cost of mining operations will eventually outweigh the rewards made by the miners because mining rewards are cut in half every four years. It may occur even prior to the fixed supply reaching its maximum supply."}" data-sheets-root="1" data-mce-fragment="1">正如他著名的白皮书中所述，比特币网络的目标是开发一种与法定货币对立的数字货币。由于世界经济仍在从灾难性的 2008 年金融危机中复苏，比特币 (BTC) 必须完全去中心化，不受银行或其他中央机构的影响。它还必须具有抗通胀能力。

{"1":14}{"1":573,"2":{"5":1}} {"1":603}{"1":1478,"2":{"5":1}} {"1":1533}{"1":3125,"2":{"5":1}} {"1":3173}{"1":4312,"2":{"5":1}} {"1":4390}" data-sheets-userformat="{"2":641,"3":{"1":0},"10":0,"12":0}" data-sheets-value="{"1":2,"2":"Quick Summary\n\r\nEver since its launch, Bitcoin—the original cryptocurrency—has drawn the interest of both supporters and critics. However, the main characteristic that distinguishes Bitcoin from other cryptocurrencies is its limited supply. There is a limit of 21 million Bitcoins that will ever be in circulation.\r\n\r\nAn interesting question is brought up as the supply gets closer to this cap and mining keeps going on: What happens to Bitcoin once all 21 million of it are mined? In this blog post, we will explore the possible outcomes and aftermath of this milestone.\n\nAn Overview of Bitcoin Mining\n\r\nThe process of creating new Bitcoins and adding transactions to the blockchain—a public ledger—is called Bitcoin mining. It is essential to the functioning of the Bitcoin network as well as to keep the security of the Bitcoin network. New bitcoins are created via mining, which also verifies fresh transactions against the network that holds Bitcoin.\r\n\r\nOn the Bitcoin network, transactions are computationally validated before being added to the blockchain ledger. To confirm that transaction blocks generated on the decentralized platform are correct, solving intricate cryptographic hash puzzles is a requirement.\r\n\r\nAfter receiving a set of transaction data, miners apply a cryptographic algorithm to produce a unique hash. The hash detects manipulation when any detail is altered. Every block contains the hash of the previous block, so changes are easily visible.\r\n\r\nHistorical background on the Limited supply of Bitcoin\n\r\nThe unknown Satoshi Nakamoto is the man behind the Bitcoin network. No one knows much about him, but his efforts in the Bitcoin mining landscape are worth appreciating. In the world of Bitcoin, his identity remains one of the greatest mysteries. Still, we can determine what he desired from the network based on how the Bitcoin Blockchain was implemented.\r\n\r\nThe goal of the Bitcoin network was to develop a digital currency that would be the antithesis of fiat money, as outlined in his well-known whitepaper. As the world economy was still recovering from the catastrophic 2008 financial crisis, Bitcoin (BTC) had to be totally decentralized and unaffected by banks or other centralized authorities. It also had to be inflation-resistant.\r\n\r\nNakamoto included a set amount of BTC into the network’s program to prevent rising prices. BTC is a scarce asset due to its limited supply, which may eventually cause its price to rise. There will only be 21 million bitcoins in circulation, and they will be created at a set rate to guarantee a constant flow of liquidity. At one moment only one new block is mined and so new bitcoins come into existence.\r\n\r\nAdditionally, Nakamoto included a feature that reduces the amount of bitcoins produced by half every four years for each block. When the first block was added in 2009, miners would get paid 50 bitcoins. It decreased to 25 bitcoins after four years, and the cycle will keep going until there are no more bitcoins available for mining. Around 1,348,775 Million Bitcoins are left to mine out of all the 21 Million Bitcoins in existence.\r\n\r\nHow much time does it take to mine one Bitcoin?\n\r\nThe amount of time required to mine a single bitcoin is determined by your percentage of the network’s total processing power. You will earn bitcoin more quickly the more significant your share is.\r\n\r\nInstead of mining in a continuous stream, bitcoin is mined in blocks. A miner generates a block, which rewards them with new bitcoin roughly every ten minutes. The previous mining work does not advance a miner toward mining a block, mining is a random or unpredictable procedure that is more like a game of chance than a building project.\r\n\r\nIt would take a long time for an individual miner using a single ASIC or computer to mine the entire bitcoin. There is intense competition for the remaining bitcoin supply that can be mined.\r\n\r\nThe earnings of a Bitcoin mining process and the time required to mine a single Bitcoin are determined by a number of factors. Given the fluctuations of the price of bitcoin, the cost of energy, and the challenge of mining bitcoin, these factors can yield essential figures for the profits of a mining operation in terms of bitcoin; however, all of the calculations are fluctuating and uncertain.\r\n\r\nEffect on Bitcoin Mining landscape when all 21 Million Bitcoins will be mined\n\r\nNo more Bitcoin will be created after the 21 million maximum supply is exhausted, even if the total quantity of coins in circulation eventually declines by a small amount. Bitcoin miners will still be paid, mainly in the form of transaction processing fees, and transactions will still be validated and compiled into blocks.\r\n\r\nIt is anticipated that the final Bitcoin will be mined around 2140. The way that Bitcoin develops will determine how miners are affected when it reaches its maximum supply limit. Miners can still make money by imposing substantial amounts of money to process large volumes of transactions if Bitcoin is primarily used as an asset of value rather than for regular transactions.\r\n\r\nEvery four years, the block reward is cut in half. It was cut in half to 25 bitcoins in 2012 and then to 12.5 in 2016. Miners can only make 6.25 bitcoin today for each new block. When the hard cap on supply is eventually accomplished, miners won’t be compensated with bitcoins for creating new blocks. They will then only be paid for their network participation through transaction fees.\r\n\r\nHowever, the cost of mining operations will eventually outweigh the rewards made by the miners because mining rewards are cut in half every four years. It may occur even prior to the fixed supply reaching its maximum supply."}" data-sheets-root="1" data-mce-fragment="1">中本聪在网络程序中加入了一定数量的比特币，以防止价格上涨。比特币是一种稀缺资产，因为其供应量有限，最终可能会导致其价格上涨。流通中的比特币数量只有 2100 万，并且将以固定的速度生成，以保证流动性的持续流动。同一时刻只能开采一个新区块，因此新的比特币就会诞生。

{"1":14}{"1":573,"2":{"5":1}} {"1":603}{"1":1478,"2":{"5":1}} {"1":1533}{"1":3125,"2":{"5":1}} {"1":3173}{"1":4312,"2":{"5":1}} {"1":4390}" data-sheets-userformat="{"2":641,"3":{"1":0},"10":0,"12":0}" data-sheets-value="{"1":2,"2":"Quick Summary\n\r\nEver since its launch, Bitcoin—the original cryptocurrency—has drawn the interest of both supporters and critics. However, the main characteristic that distinguishes Bitcoin from other cryptocurrencies is its limited supply. There is a limit of 21 million Bitcoins that will ever be in circulation.\r\n\r\nAn interesting question is brought up as the supply gets closer to this cap and mining keeps going on: What happens to Bitcoin once all 21 million of it are mined? In this blog post, we will explore the possible outcomes and aftermath of this milestone.\n\nAn Overview of Bitcoin Mining\n\r\nThe process of creating new Bitcoins and adding transactions to the blockchain—a public ledger—is called Bitcoin mining. It is essential to the functioning of the Bitcoin network as well as to keep the security of the Bitcoin network. New bitcoins are created via mining, which also verifies fresh transactions against the network that holds Bitcoin.\r\n\r\nOn the Bitcoin network, transactions are computationally validated before being added to the blockchain ledger. To confirm that transaction blocks generated on the decentralized platform are correct, solving intricate cryptographic hash puzzles is a requirement.\r\n\r\nAfter receiving a set of transaction data, miners apply a cryptographic algorithm to produce a unique hash. The hash detects manipulation when any detail is altered. Every block contains the hash of the previous block, so changes are easily visible.\r\n\r\nHistorical background on the Limited supply of Bitcoin\n\r\nThe unknown Satoshi Nakamoto is the man behind the Bitcoin network. No one knows much about him, but his efforts in the Bitcoin mining landscape are worth appreciating. In the world of Bitcoin, his identity remains one of the greatest mysteries. Still, we can determine what he desired from the network based on how the Bitcoin Blockchain was implemented.\r\n\r\nThe goal of the Bitcoin network was to develop a digital currency that would be the antithesis of fiat money, as outlined in his well-known whitepaper. As the world economy was still recovering from the catastrophic 2008 financial crisis, Bitcoin (BTC) had to be totally decentralized and unaffected by banks or other centralized authorities. It also had to be inflation-resistant.\r\n\r\nNakamoto included a set amount of BTC into the network’s program to prevent rising prices. BTC is a scarce asset due to its limited supply, which may eventually cause its price to rise. There will only be 21 million bitcoins in circulation, and they will be created at a set rate to guarantee a constant flow of liquidity. At one moment only one new block is mined and so new bitcoins come into existence.\r\n\r\nAdditionally, Nakamoto included a feature that reduces the amount of bitcoins produced by half every four years for each block. When the first block was added in 2009, miners would get paid 50 bitcoins. It decreased to 25 bitcoins after four years, and the cycle will keep going until there are no more bitcoins available for mining. Around 1,348,775 Million Bitcoins are left to mine out of all the 21 Million Bitcoins in existence.\r\n\r\nHow much time does it take to mine one Bitcoin?\n\r\nThe amount of time required to mine a single bitcoin is determined by your percentage of the network’s total processing power. You will earn bitcoin more quickly the more significant your share is.\r\n\r\nInstead of mining in a continuous stream, bitcoin is mined in blocks. A miner generates a block, which rewards them with new bitcoin roughly every ten minutes. The previous mining work does not advance a miner toward mining a block, mining is a random or unpredictable procedure that is more like a game of chance than a building project.\r\n\r\nIt would take a long time for an individual miner using a single ASIC or computer to mine the entire bitcoin. There is intense competition for the remaining bitcoin supply that can be mined.\r\n\r\nThe earnings of a Bitcoin mining process and the time required to mine a single Bitcoin are determined by a number of factors. Given the fluctuations of the price of bitcoin, the cost of energy, and the challenge of mining bitcoin, these factors can yield essential figures for the profits of a mining operation in terms of bitcoin; however, all of the calculations are fluctuating and uncertain.\r\n\r\nEffect on Bitcoin Mining landscape when all 21 Million Bitcoins will be mined\n\r\nNo more Bitcoin will be created after the 21 million maximum supply is exhausted, even if the total quantity of coins in circulation eventually declines by a small amount. Bitcoin miners will still be paid, mainly in the form of transaction processing fees, and transactions will still be validated and compiled into blocks.\r\n\r\nIt is anticipated that the final Bitcoin will be mined around 2140. The way that Bitcoin develops will determine how miners are affected when it reaches its maximum supply limit. Miners can still make money by imposing substantial amounts of money to process large volumes of transactions if Bitcoin is primarily used as an asset of value rather than for regular transactions.\r\n\r\nEvery four years, the block reward is cut in half. It was cut in half to 25 bitcoins in 2012 and then to 12.5 in 2016. Miners can only make 6.25 bitcoin today for each new block. When the hard cap on supply is eventually accomplished, miners won’t be compensated with bitcoins for creating new blocks. They will then only be paid for their network participation through transaction fees.\r\n\r\nHowever, the cost of mining operations will eventually outweigh the rewards made by the miners because mining rewards are cut in half every four years. It may occur even prior to the fixed supply reaching its maximum supply."}" data-sheets-root="1" data-mce-fragment="1">此外，中本聪还加入了一项功能，即每四年将每个区块的比特币产量减半。2009 年第一个区块被添加时，矿机将获得 50 比特币。四年后，这一数字降至 25 比特币，并且这个循环将一直持续，直到没有更多的比特币可供开采。在现有的 2100 万比特币中，大约有 1,348,775 万 比特币可供开采。

{"1":14}{"1":573,"2":{"5":1}} {"1":603}{"1":1478,"2":{"5":1}} {"1":1533}{"1":3125,"2":{"5":1}} {"1":3173}{"1":4312,"2":{"5":1}} {"1":4390}" data-sheets-userformat="{"2":641,"3":{"1":0},"10":0,"12":0}" data-sheets-value="{"1":2,"2":"Quick Summary\n\r\nEver since its launch, Bitcoin—the original cryptocurrency—has drawn the interest of both supporters and critics. However, the main characteristic that distinguishes Bitcoin from other cryptocurrencies is its limited supply. There is a limit of 21 million Bitcoins that will ever be in circulation.\r\n\r\nAn interesting question is brought up as the supply gets closer to this cap and mining keeps going on: What happens to Bitcoin once all 21 million of it are mined? In this blog post, we will explore the possible outcomes and aftermath of this milestone.\n\nAn Overview of Bitcoin Mining\n\r\nThe process of creating new Bitcoins and adding transactions to the blockchain—a public ledger—is called Bitcoin mining. It is essential to the functioning of the Bitcoin network as well as to keep the security of the Bitcoin network. New bitcoins are created via mining, which also verifies fresh transactions against the network that holds Bitcoin.\r\n\r\nOn the Bitcoin network, transactions are computationally validated before being added to the blockchain ledger. To confirm that transaction blocks generated on the decentralized platform are correct, solving intricate cryptographic hash puzzles is a requirement.\r\n\r\nAfter receiving a set of transaction data, miners apply a cryptographic algorithm to produce a unique hash. The hash detects manipulation when any detail is altered. Every block contains the hash of the previous block, so changes are easily visible.\r\n\r\nHistorical background on the Limited supply of Bitcoin\n\r\nThe unknown Satoshi Nakamoto is the man behind the Bitcoin network. No one knows much about him, but his efforts in the Bitcoin mining landscape are worth appreciating. In the world of Bitcoin, his identity remains one of the greatest mysteries. Still, we can determine what he desired from the network based on how the Bitcoin Blockchain was implemented.\r\n\r\nThe goal of the Bitcoin network was to develop a digital currency that would be the antithesis of fiat money, as outlined in his well-known whitepaper. As the world economy was still recovering from the catastrophic 2008 financial crisis, Bitcoin (BTC) had to be totally decentralized and unaffected by banks or other centralized authorities. It also had to be inflation-resistant.\r\n\r\nNakamoto included a set amount of BTC into the network’s program to prevent rising prices. BTC is a scarce asset due to its limited supply, which may eventually cause its price to rise. There will only be 21 million bitcoins in circulation, and they will be created at a set rate to guarantee a constant flow of liquidity. At one moment only one new block is mined and so new bitcoins come into existence.\r\n\r\nAdditionally, Nakamoto included a feature that reduces the amount of bitcoins produced by half every four years for each block. When the first block was added in 2009, miners would get paid 50 bitcoins. It decreased to 25 bitcoins after four years, and the cycle will keep going until there are no more bitcoins available for mining. Around 1,348,775 Million Bitcoins are left to mine out of all the 21 Million Bitcoins in existence.\r\n\r\nHow much time does it take to mine one Bitcoin?\n\r\nThe amount of time required to mine a single bitcoin is determined by your percentage of the network’s total processing power. You will earn bitcoin more quickly the more significant your share is.\r\n\r\nInstead of mining in a continuous stream, bitcoin is mined in blocks. A miner generates a block, which rewards them with new bitcoin roughly every ten minutes. The previous mining work does not advance a miner toward mining a block, mining is a random or unpredictable procedure that is more like a game of chance than a building project.\r\n\r\nIt would take a long time for an individual miner using a single ASIC or computer to mine the entire bitcoin. There is intense competition for the remaining bitcoin supply that can be mined.\r\n\r\nThe earnings of a Bitcoin mining process and the time required to mine a single Bitcoin are determined by a number of factors. Given the fluctuations of the price of bitcoin, the cost of energy, and the challenge of mining bitcoin, these factors can yield essential figures for the profits of a mining operation in terms of bitcoin; however, all of the calculations are fluctuating and uncertain.\r\n\r\nEffect on Bitcoin Mining landscape when all 21 Million Bitcoins will be mined\n\r\nNo more Bitcoin will be created after the 21 million maximum supply is exhausted, even if the total quantity of coins in circulation eventually declines by a small amount. Bitcoin miners will still be paid, mainly in the form of transaction processing fees, and transactions will still be validated and compiled into blocks.\r\n\r\nIt is anticipated that the final Bitcoin will be mined around 2140. The way that Bitcoin develops will determine how miners are affected when it reaches its maximum supply limit. Miners can still make money by imposing substantial amounts of money to process large volumes of transactions if Bitcoin is primarily used as an asset of value rather than for regular transactions.\r\n\r\nEvery four years, the block reward is cut in half. It was cut in half to 25 bitcoins in 2012 and then to 12.5 in 2016. Miners can only make 6.25 bitcoin today for each new block. When the hard cap on supply is eventually accomplished, miners won’t be compensated with bitcoins for creating new blocks. They will then only be paid for their network participation through transaction fees.\r\n\r\nHowever, the cost of mining operations will eventually outweigh the rewards made by the miners because mining rewards are cut in half every four years. It may occur even prior to the fixed supply reaching its maximum supply."}" data-sheets-root="1" data-mce-fragment="1">挖矿一个比特币需要多长时间？ {"1":14}{"1":573,"2":{"5":1}} {"1":603}{"1":1478,"2":{"5":1}} {"1":1533}{"1":3125,"2":{"5":1}} {"1":3173}{"1":4312,"2":{"5":1}} {"1":4390}" data-sheets-userformat="{"2":641,"3":{"1":0},"10":0,"12":0}" data-sheets-value="{"1":2,"2":"Quick Summary\n\r\nEver since its launch, Bitcoin—the original cryptocurrency—has drawn the interest of both supporters and critics. However, the main characteristic that distinguishes Bitcoin from other cryptocurrencies is its limited supply. There is a limit of 21 million Bitcoins that will ever be in circulation.\r\n\r\nAn interesting question is brought up as the supply gets closer to this cap and mining keeps going on: What happens to Bitcoin once all 21 million of it are mined? In this blog post, we will explore the possible outcomes and aftermath of this milestone.\n\nAn Overview of Bitcoin Mining\n\r\nThe process of creating new Bitcoins and adding transactions to the blockchain—a public ledger—is called Bitcoin mining. It is essential to the functioning of the Bitcoin network as well as to keep the security of the Bitcoin network. New bitcoins are created via mining, which also verifies fresh transactions against the network that holds Bitcoin.\r\n\r\nOn the Bitcoin network, transactions are computationally validated before being added to the blockchain ledger. To confirm that transaction blocks generated on the decentralized platform are correct, solving intricate cryptographic hash puzzles is a requirement.\r\n\r\nAfter receiving a set of transaction data, miners apply a cryptographic algorithm to produce a unique hash. The hash detects manipulation when any detail is altered. Every block contains the hash of the previous block, so changes are easily visible.\r\n\r\nHistorical background on the Limited supply of Bitcoin\n\r\nThe unknown Satoshi Nakamoto is the man behind the Bitcoin network. No one knows much about him, but his efforts in the Bitcoin mining landscape are worth appreciating. In the world of Bitcoin, his identity remains one of the greatest mysteries. Still, we can determine what he desired from the network based on how the Bitcoin Blockchain was implemented.\r\n\r\nThe goal of the Bitcoin network was to develop a digital currency that would be the antithesis of fiat money, as outlined in his well-known whitepaper. As the world economy was still recovering from the catastrophic 2008 financial crisis, Bitcoin (BTC) had to be totally decentralized and unaffected by banks or other centralized authorities. It also had to be inflation-resistant.\r\n\r\nNakamoto included a set amount of BTC into the network’s program to prevent rising prices. BTC is a scarce asset due to its limited supply, which may eventually cause its price to rise. There will only be 21 million bitcoins in circulation, and they will be created at a set rate to guarantee a constant flow of liquidity. At one moment only one new block is mined and so new bitcoins come into existence.\r\n\r\nAdditionally, Nakamoto included a feature that reduces the amount of bitcoins produced by half every four years for each block. When the first block was added in 2009, miners would get paid 50 bitcoins. It decreased to 25 bitcoins after four years, and the cycle will keep going until there are no more bitcoins available for mining. Around 1,348,775 Million Bitcoins are left to mine out of all the 21 Million Bitcoins in existence.\r\n\r\nHow much time does it take to mine one Bitcoin?\n\r\nThe amount of time required to mine a single bitcoin is determined by your percentage of the network’s total processing power. You will earn bitcoin more quickly the more significant your share is.\r\n\r\nInstead of mining in a continuous stream, bitcoin is mined in blocks. A miner generates a block, which rewards them with new bitcoin roughly every ten minutes. The previous mining work does not advance a miner toward mining a block, mining is a random or unpredictable procedure that is more like a game of chance than a building project.\r\n\r\nIt would take a long time for an individual miner using a single ASIC or computer to mine the entire bitcoin. There is intense competition for the remaining bitcoin supply that can be mined.\r\n\r\nThe earnings of a Bitcoin mining process and the time required to mine a single Bitcoin are determined by a number of factors. Given the fluctuations of the price of bitcoin, the cost of energy, and the challenge of mining bitcoin, these factors can yield essential figures for the profits of a mining operation in terms of bitcoin; however, all of the calculations are fluctuating and uncertain.\r\n\r\nEffect on Bitcoin Mining landscape when all 21 Million Bitcoins will be mined\n\r\nNo more Bitcoin will be created after the 21 million maximum supply is exhausted, even if the total quantity of coins in circulation eventually declines by a small amount. Bitcoin miners will still be paid, mainly in the form of transaction processing fees, and transactions will still be validated and compiled into blocks.\r\n\r\nIt is anticipated that the final Bitcoin will be mined around 2140. The way that Bitcoin develops will determine how miners are affected when it reaches its maximum supply limit. Miners can still make money by imposing substantial amounts of money to process large volumes of transactions if Bitcoin is primarily used as an asset of value rather than for regular transactions.\r\n\r\nEvery four years, the block reward is cut in half. It was cut in half to 25 bitcoins in 2012 and then to 12.5 in 2016. Miners can only make 6.25 bitcoin today for each new block. When the hard cap on supply is eventually accomplished, miners won’t be compensated with bitcoins for creating new blocks. They will then only be paid for their network participation through transaction fees.\r\n\r\nHowever, the cost of mining operations will eventually outweigh the rewards made by the miners because mining rewards are cut in half every four years. It may occur even prior to the fixed supply reaching its maximum supply."}" data-sheets-root="1" data-mce-fragment="1">挖矿一个比特币所需的时间取决于您占网络总处理能力的百分比。您的份额越大，您赚取比特币的速度就越快。

{"1":14}{"1":573,"2":{"5":1}} {"1":603}{"1":1478,"2":{"5":1}} {"1":1533}{"1":3125,"2":{"5":1}} {"1":3173}{"1":4312,"2":{"5":1}} {"1":4390}" data-sheets-userformat="{"2":641,"3":{"1":0},"10":0,"12":0}" data-sheets-value="{"1":2,"2":"Quick Summary\n\r\nEver since its launch, Bitcoin—the original cryptocurrency—has drawn the interest of both supporters and critics. However, the main characteristic that distinguishes Bitcoin from other cryptocurrencies is its limited supply. There is a limit of 21 million Bitcoins that will ever be in circulation.\r\n\r\nAn interesting question is brought up as the supply gets closer to this cap and mining keeps going on: What happens to Bitcoin once all 21 million of it are mined? In this blog post, we will explore the possible outcomes and aftermath of this milestone.\n\nAn Overview of Bitcoin Mining\n\r\nThe process of creating new Bitcoins and adding transactions to the blockchain—a public ledger—is called Bitcoin mining. It is essential to the functioning of the Bitcoin network as well as to keep the security of the Bitcoin network. New bitcoins are created via mining, which also verifies fresh transactions against the network that holds Bitcoin.\r\n\r\nOn the Bitcoin network, transactions are computationally validated before being added to the blockchain ledger. To confirm that transaction blocks generated on the decentralized platform are correct, solving intricate cryptographic hash puzzles is a requirement.\r\n\r\nAfter receiving a set of transaction data, miners apply a cryptographic algorithm to produce a unique hash. The hash detects manipulation when any detail is altered. Every block contains the hash of the previous block, so changes are easily visible.\r\n\r\nHistorical background on the Limited supply of Bitcoin\n\r\nThe unknown Satoshi Nakamoto is the man behind the Bitcoin network. No one knows much about him, but his efforts in the Bitcoin mining landscape are worth appreciating. In the world of Bitcoin, his identity remains one of the greatest mysteries. Still, we can determine what he desired from the network based on how the Bitcoin Blockchain was implemented.\r\n\r\nThe goal of the Bitcoin network was to develop a digital currency that would be the antithesis of fiat money, as outlined in his well-known whitepaper. As the world economy was still recovering from the catastrophic 2008 financial crisis, Bitcoin (BTC) had to be totally decentralized and unaffected by banks or other centralized authorities. It also had to be inflation-resistant.\r\n\r\nNakamoto included a set amount of BTC into the network’s program to prevent rising prices. BTC is a scarce asset due to its limited supply, which may eventually cause its price to rise. There will only be 21 million bitcoins in circulation, and they will be created at a set rate to guarantee a constant flow of liquidity. At one moment only one new block is mined and so new bitcoins come into existence.\r\n\r\nAdditionally, Nakamoto included a feature that reduces the amount of bitcoins produced by half every four years for each block. When the first block was added in 2009, miners would get paid 50 bitcoins. It decreased to 25 bitcoins after four years, and the cycle will keep going until there are no more bitcoins available for mining. Around 1,348,775 Million Bitcoins are left to mine out of all the 21 Million Bitcoins in existence.\r\n\r\nHow much time does it take to mine one Bitcoin?\n\r\nThe amount of time required to mine a single bitcoin is determined by your percentage of the network’s total processing power. You will earn bitcoin more quickly the more significant your share is.\r\n\r\nInstead of mining in a continuous stream, bitcoin is mined in blocks. A miner generates a block, which rewards them with new bitcoin roughly every ten minutes. The previous mining work does not advance a miner toward mining a block, mining is a random or unpredictable procedure that is more like a game of chance than a building project.\r\n\r\nIt would take a long time for an individual miner using a single ASIC or computer to mine the entire bitcoin. There is intense competition for the remaining bitcoin supply that can be mined.\r\n\r\nThe earnings of a Bitcoin mining process and the time required to mine a single Bitcoin are determined by a number of factors. Given the fluctuations of the price of bitcoin, the cost of energy, and the challenge of mining bitcoin, these factors can yield essential figures for the profits of a mining operation in terms of bitcoin; however, all of the calculations are fluctuating and uncertain.\r\n\r\nEffect on Bitcoin Mining landscape when all 21 Million Bitcoins will be mined\n\r\nNo more Bitcoin will be created after the 21 million maximum supply is exhausted, even if the total quantity of coins in circulation eventually declines by a small amount. Bitcoin miners will still be paid, mainly in the form of transaction processing fees, and transactions will still be validated and compiled into blocks.\r\n\r\nIt is anticipated that the final Bitcoin will be mined around 2140. The way that Bitcoin develops will determine how miners are affected when it reaches its maximum supply limit. Miners can still make money by imposing substantial amounts of money to process large volumes of transactions if Bitcoin is primarily used as an asset of value rather than for regular transactions.\r\n\r\nEvery four years, the block reward is cut in half. It was cut in half to 25 bitcoins in 2012 and then to 12.5 in 2016. Miners can only make 6.25 bitcoin today for each new block. When the hard cap on supply is eventually accomplished, miners won’t be compensated with bitcoins for creating new blocks. They will then only be paid for their network participation through transaction fees.\r\n\r\nHowever, the cost of mining operations will eventually outweigh the rewards made by the miners because mining rewards are cut in half every four years. It may occur even prior to the fixed supply reaching its maximum supply."}" data-sheets-root="1" data-mce-fragment="1">比特币不是连续挖矿，而是以区块为单位进行挖矿。矿机生成一个区块，大约每十分钟就会获得新的比特币奖励。之前的挖矿机作不会推动矿机挖出区块，挖矿是一个随机或不可预测的过程，更像是一场机会游戏，而不是建筑项目。

{"1":14}{"1":573,"2":{"5":1}} {"1":603}{"1":1478,"2":{"5":1}} {"1":1533}{"1":3125,"2":{"5":1}} {"1":3173}{"1":4312,"2":{"5":1}} {"1":4390}" data-sheets-userformat="{"2":641,"3":{"1":0},"10":0,"12":0}" data-sheets-value="{"1":2,"2":"Quick Summary\n\r\nEver since its launch, Bitcoin—the original cryptocurrency—has drawn the interest of both supporters and critics. However, the main characteristic that distinguishes Bitcoin from other cryptocurrencies is its limited supply. There is a limit of 21 million Bitcoins that will ever be in circulation.\r\n\r\nAn interesting question is brought up as the supply gets closer to this cap and mining keeps going on: What happens to Bitcoin once all 21 million of it are mined? In this blog post, we will explore the possible outcomes and aftermath of this milestone.\n\nAn Overview of Bitcoin Mining\n\r\nThe process of creating new Bitcoins and adding transactions to the blockchain—a public ledger—is called Bitcoin mining. It is essential to the functioning of the Bitcoin network as well as to keep the security of the Bitcoin network. New bitcoins are created via mining, which also verifies fresh transactions against the network that holds Bitcoin.\r\n\r\nOn the Bitcoin network, transactions are computationally validated before being added to the blockchain ledger. To confirm that transaction blocks generated on the decentralized platform are correct, solving intricate cryptographic hash puzzles is a requirement.\r\n\r\nAfter receiving a set of transaction data, miners apply a cryptographic algorithm to produce a unique hash. The hash detects manipulation when any detail is altered. Every block contains the hash of the previous block, so changes are easily visible.\r\n\r\nHistorical background on the Limited supply of Bitcoin\n\r\nThe unknown Satoshi Nakamoto is the man behind the Bitcoin network. No one knows much about him, but his efforts in the Bitcoin mining landscape are worth appreciating. In the world of Bitcoin, his identity remains one of the greatest mysteries. Still, we can determine what he desired from the network based on how the Bitcoin Blockchain was implemented.\r\n\r\nThe goal of the Bitcoin network was to develop a digital currency that would be the antithesis of fiat money, as outlined in his well-known whitepaper. As the world economy was still recovering from the catastrophic 2008 financial crisis, Bitcoin (BTC) had to be totally decentralized and unaffected by banks or other centralized authorities. It also had to be inflation-resistant.\r\n\r\nNakamoto included a set amount of BTC into the network’s program to prevent rising prices. BTC is a scarce asset due to its limited supply, which may eventually cause its price to rise. There will only be 21 million bitcoins in circulation, and they will be created at a set rate to guarantee a constant flow of liquidity. At one moment only one new block is mined and so new bitcoins come into existence.\r\n\r\nAdditionally, Nakamoto included a feature that reduces the amount of bitcoins produced by half every four years for each block. When the first block was added in 2009, miners would get paid 50 bitcoins. It decreased to 25 bitcoins after four years, and the cycle will keep going until there are no more bitcoins available for mining. Around 1,348,775 Million Bitcoins are left to mine out of all the 21 Million Bitcoins in existence.\r\n\r\nHow much time does it take to mine one Bitcoin?\n\r\nThe amount of time required to mine a single bitcoin is determined by your percentage of the network’s total processing power. You will earn bitcoin more quickly the more significant your share is.\r\n\r\nInstead of mining in a continuous stream, bitcoin is mined in blocks. A miner generates a block, which rewards them with new bitcoin roughly every ten minutes. The previous mining work does not advance a miner toward mining a block, mining is a random or unpredictable procedure that is more like a game of chance than a building project.\r\n\r\nIt would take a long time for an individual miner using a single ASIC or computer to mine the entire bitcoin. There is intense competition for the remaining bitcoin supply that can be mined.\r\n\r\nThe earnings of a Bitcoin mining process and the time required to mine a single Bitcoin are determined by a number of factors. Given the fluctuations of the price of bitcoin, the cost of energy, and the challenge of mining bitcoin, these factors can yield essential figures for the profits of a mining operation in terms of bitcoin; however, all of the calculations are fluctuating and uncertain.\r\n\r\nEffect on Bitcoin Mining landscape when all 21 Million Bitcoins will be mined\n\r\nNo more Bitcoin will be created after the 21 million maximum supply is exhausted, even if the total quantity of coins in circulation eventually declines by a small amount. Bitcoin miners will still be paid, mainly in the form of transaction processing fees, and transactions will still be validated and compiled into blocks.\r\n\r\nIt is anticipated that the final Bitcoin will be mined around 2140. The way that Bitcoin develops will determine how miners are affected when it reaches its maximum supply limit. Miners can still make money by imposing substantial amounts of money to process large volumes of transactions if Bitcoin is primarily used as an asset of value rather than for regular transactions.\r\n\r\nEvery four years, the block reward is cut in half. It was cut in half to 25 bitcoins in 2012 and then to 12.5 in 2016. Miners can only make 6.25 bitcoin today for each new block. When the hard cap on supply is eventually accomplished, miners won’t be compensated with bitcoins for creating new blocks. They will then only be paid for their network participation through transaction fees.\r\n\r\nHowever, the cost of mining operations will eventually outweigh the rewards made by the miners because mining rewards are cut in half every four years. It may occur even prior to the fixed supply reaching its maximum supply."}" data-sheets-root="1" data-mce-fragment="1">单个矿机使用一台 ASIC 或计算机来挖矿全部比特币需要很长时间。剩余的比特币供应量竞争非常激烈。

{"1":14}{"1":573,"2":{"5":1}} {"1":603}{"1":1478,"2":{"5":1}} {"1":1533}{"1":3125,"2":{"5":1}} {"1":3173}{"1":4312,"2":{"5":1}} {"1":4390}" data-sheets-userformat="{"2":641,"3":{"1":0},"10":0,"12":0}" data-sheets-value="{"1":2,"2":"Quick Summary\n\r\nEver since its launch, Bitcoin—the original cryptocurrency—has drawn the interest of both supporters and critics. However, the main characteristic that distinguishes Bitcoin from other cryptocurrencies is its limited supply. There is a limit of 21 million Bitcoins that will ever be in circulation.\r\n\r\nAn interesting question is brought up as the supply gets closer to this cap and mining keeps going on: What happens to Bitcoin once all 21 million of it are mined? In this blog post, we will explore the possible outcomes and aftermath of this milestone.\n\nAn Overview of Bitcoin Mining\n\r\nThe process of creating new Bitcoins and adding transactions to the blockchain—a public ledger—is called Bitcoin mining. It is essential to the functioning of the Bitcoin network as well as to keep the security of the Bitcoin network. New bitcoins are created via mining, which also verifies fresh transactions against the network that holds Bitcoin.\r\n\r\nOn the Bitcoin network, transactions are computationally validated before being added to the blockchain ledger. To confirm that transaction blocks generated on the decentralized platform are correct, solving intricate cryptographic hash puzzles is a requirement.\r\n\r\nAfter receiving a set of transaction data, miners apply a cryptographic algorithm to produce a unique hash. The hash detects manipulation when any detail is altered. Every block contains the hash of the previous block, so changes are easily visible.\r\n\r\nHistorical background on the Limited supply of Bitcoin\n\r\nThe unknown Satoshi Nakamoto is the man behind the Bitcoin network. No one knows much about him, but his efforts in the Bitcoin mining landscape are worth appreciating. In the world of Bitcoin, his identity remains one of the greatest mysteries. Still, we can determine what he desired from the network based on how the Bitcoin Blockchain was implemented.\r\n\r\nThe goal of the Bitcoin network was to develop a digital currency that would be the antithesis of fiat money, as outlined in his well-known whitepaper. As the world economy was still recovering from the catastrophic 2008 financial crisis, Bitcoin (BTC) had to be totally decentralized and unaffected by banks or other centralized authorities. It also had to be inflation-resistant.\r\n\r\nNakamoto included a set amount of BTC into the network’s program to prevent rising prices. BTC is a scarce asset due to its limited supply, which may eventually cause its price to rise. There will only be 21 million bitcoins in circulation, and they will be created at a set rate to guarantee a constant flow of liquidity. At one moment only one new block is mined and so new bitcoins come into existence.\r\n\r\nAdditionally, Nakamoto included a feature that reduces the amount of bitcoins produced by half every four years for each block. When the first block was added in 2009, miners would get paid 50 bitcoins. It decreased to 25 bitcoins after four years, and the cycle will keep going until there are no more bitcoins available for mining. Around 1,348,775 Million Bitcoins are left to mine out of all the 21 Million Bitcoins in existence.\r\n\r\nHow much time does it take to mine one Bitcoin?\n\r\nThe amount of time required to mine a single bitcoin is determined by your percentage of the network’s total processing power. You will earn bitcoin more quickly the more significant your share is.\r\n\r\nInstead of mining in a continuous stream, bitcoin is mined in blocks. A miner generates a block, which rewards them with new bitcoin roughly every ten minutes. The previous mining work does not advance a miner toward mining a block, mining is a random or unpredictable procedure that is more like a game of chance than a building project.\r\n\r\nIt would take a long time for an individual miner using a single ASIC or computer to mine the entire bitcoin. There is intense competition for the remaining bitcoin supply that can be mined.\r\n\r\nThe earnings of a Bitcoin mining process and the time required to mine a single Bitcoin are determined by a number of factors. Given the fluctuations of the price of bitcoin, the cost of energy, and the challenge of mining bitcoin, these factors can yield essential figures for the profits of a mining operation in terms of bitcoin; however, all of the calculations are fluctuating and uncertain.\r\n\r\nEffect on Bitcoin Mining landscape when all 21 Million Bitcoins will be mined\n\r\nNo more Bitcoin will be created after the 21 million maximum supply is exhausted, even if the total quantity of coins in circulation eventually declines by a small amount. Bitcoin miners will still be paid, mainly in the form of transaction processing fees, and transactions will still be validated and compiled into blocks.\r\n\r\nIt is anticipated that the final Bitcoin will be mined around 2140. The way that Bitcoin develops will determine how miners are affected when it reaches its maximum supply limit. Miners can still make money by imposing substantial amounts of money to process large volumes of transactions if Bitcoin is primarily used as an asset of value rather than for regular transactions.\r\n\r\nEvery four years, the block reward is cut in half. It was cut in half to 25 bitcoins in 2012 and then to 12.5 in 2016. Miners can only make 6.25 bitcoin today for each new block. When the hard cap on supply is eventually accomplished, miners won’t be compensated with bitcoins for creating new blocks. They will then only be paid for their network participation through transaction fees.\r\n\r\nHowever, the cost of mining operations will eventually outweigh the rewards made by the miners because mining rewards are cut in half every four years. It may occur even prior to the fixed supply reaching its maximum supply."}" data-sheets-root="1" data-mce-fragment="1">比特币挖矿过程的收益和挖出单个比特币所需的时间由许多因素决定。考虑到比特币价格的波动、能源成本以及挖矿难度，这些因素可以得出以比特币计算的挖矿利润的基本数字；然而，所有这些计算都是波动且不确定的。

{"1":14}{"1":573,"2":{"5":1}} {"1":603}{"1":1478,"2":{"5":1}} {"1":1533}{"1":3125,"2":{"5":1}} {"1":3173}{"1":4312,"2":{"5":1}} {"1":4390}" data-sheets-userformat="{"2":641,"3":{"1":0},"10":0,"12":0}" data-sheets-value="{"1":2,"2":"Quick Summary\n\r\nEver since its launch, Bitcoin—the original cryptocurrency—has drawn the interest of both supporters and critics. However, the main characteristic that distinguishes Bitcoin from other cryptocurrencies is its limited supply. There is a limit of 21 million Bitcoins that will ever be in circulation.\r\n\r\nAn interesting question is brought up as the supply gets closer to this cap and mining keeps going on: What happens to Bitcoin once all 21 million of it are mined? In this blog post, we will explore the possible outcomes and aftermath of this milestone.\n\nAn Overview of Bitcoin Mining\n\r\nThe process of creating new Bitcoins and adding transactions to the blockchain—a public ledger—is called Bitcoin mining. It is essential to the functioning of the Bitcoin network as well as to keep the security of the Bitcoin network. New bitcoins are created via mining, which also verifies fresh transactions against the network that holds Bitcoin.\r\n\r\nOn the Bitcoin network, transactions are computationally validated before being added to the blockchain ledger. To confirm that transaction blocks generated on the decentralized platform are correct, solving intricate cryptographic hash puzzles is a requirement.\r\n\r\nAfter receiving a set of transaction data, miners apply a cryptographic algorithm to produce a unique hash. The hash detects manipulation when any detail is altered. Every block contains the hash of the previous block, so changes are easily visible.\r\n\r\nHistorical background on the Limited supply of Bitcoin\n\r\nThe unknown Satoshi Nakamoto is the man behind the Bitcoin network. No one knows much about him, but his efforts in the Bitcoin mining landscape are worth appreciating. In the world of Bitcoin, his identity remains one of the greatest mysteries. Still, we can determine what he desired from the network based on how the Bitcoin Blockchain was implemented.\r\n\r\nThe goal of the Bitcoin network was to develop a digital currency that would be the antithesis of fiat money, as outlined in his well-known whitepaper. As the world economy was still recovering from the catastrophic 2008 financial crisis, Bitcoin (BTC) had to be totally decentralized and unaffected by banks or other centralized authorities. It also had to be inflation-resistant.\r\n\r\nNakamoto included a set amount of BTC into the network’s program to prevent rising prices. BTC is a scarce asset due to its limited supply, which may eventually cause its price to rise. There will only be 21 million bitcoins in circulation, and they will be created at a set rate to guarantee a constant flow of liquidity. At one moment only one new block is mined and so new bitcoins come into existence.\r\n\r\nAdditionally, Nakamoto included a feature that reduces the amount of bitcoins produced by half every four years for each block. When the first block was added in 2009, miners would get paid 50 bitcoins. It decreased to 25 bitcoins after four years, and the cycle will keep going until there are no more bitcoins available for mining. Around 1,348,775 Million Bitcoins are left to mine out of all the 21 Million Bitcoins in existence.\r\n\r\nHow much time does it take to mine one Bitcoin?\n\r\nThe amount of time required to mine a single bitcoin is determined by your percentage of the network’s total processing power. You will earn bitcoin more quickly the more significant your share is.\r\n\r\nInstead of mining in a continuous stream, bitcoin is mined in blocks. A miner generates a block, which rewards them with new bitcoin roughly every ten minutes. The previous mining work does not advance a miner toward mining a block, mining is a random or unpredictable procedure that is more like a game of chance than a building project.\r\n\r\nIt would take a long time for an individual miner using a single ASIC or computer to mine the entire bitcoin. There is intense competition for the remaining bitcoin supply that can be mined.\r\n\r\nThe earnings of a Bitcoin mining process and the time required to mine a single Bitcoin are determined by a number of factors. Given the fluctuations of the price of bitcoin, the cost of energy, and the challenge of mining bitcoin, these factors can yield essential figures for the profits of a mining operation in terms of bitcoin; however, all of the calculations are fluctuating and uncertain.\r\n\r\nEffect on Bitcoin Mining landscape when all 21 Million Bitcoins will be mined\n\r\nNo more Bitcoin will be created after the 21 million maximum supply is exhausted, even if the total quantity of coins in circulation eventually declines by a small amount. Bitcoin miners will still be paid, mainly in the form of transaction processing fees, and transactions will still be validated and compiled into blocks.\r\n\r\nIt is anticipated that the final Bitcoin will be mined around 2140. The way that Bitcoin develops will determine how miners are affected when it reaches its maximum supply limit. Miners can still make money by imposing substantial amounts of money to process large volumes of transactions if Bitcoin is primarily used as an asset of value rather than for regular transactions.\r\n\r\nEvery four years, the block reward is cut in half. It was cut in half to 25 bitcoins in 2012 and then to 12.5 in 2016. Miners can only make 6.25 bitcoin today for each new block. When the hard cap on supply is eventually accomplished, miners won’t be compensated with bitcoins for creating new blocks. They will then only be paid for their network participation through transaction fees.\r\n\r\nHowever, the cost of mining operations will eventually outweigh the rewards made by the miners because mining rewards are cut in half every four years. It may occur even prior to the fixed supply reaching its maximum supply."}" data-sheets-root="1" data-mce-fragment="1">当 2100 万比特币全部被开采时，对比特币挖矿格局的影响 {"1":14}{"1":573,"2":{"5":1}} {"1":603}{"1":1478,"2":{"5":1}} {"1":1533}{"1":3125,"2":{"5":1}} {"1":3173}{"1":4312,"2":{"5":1}} {"1":4390}" data-sheets-userformat="{"2":641,"3":{"1":0},"10":0,"12":0}" data-sheets-value="{"1":2,"2":"Quick Summary\n\r\nEver since its launch, Bitcoin—the original cryptocurrency—has drawn the interest of both supporters and critics. However, the main characteristic that distinguishes Bitcoin from other cryptocurrencies is its limited supply. There is a limit of 21 million Bitcoins that will ever be in circulation.\r\n\r\nAn interesting question is brought up as the supply gets closer to this cap and mining keeps going on: What happens to Bitcoin once all 21 million of it are mined? In this blog post, we will explore the possible outcomes and aftermath of this milestone.\n\nAn Overview of Bitcoin Mining\n\r\nThe process of creating new Bitcoins and adding transactions to the blockchain—a public ledger—is called Bitcoin mining. It is essential to the functioning of the Bitcoin network as well as to keep the security of the Bitcoin network. New bitcoins are created via mining, which also verifies fresh transactions against the network that holds Bitcoin.\r\n\r\nOn the Bitcoin network, transactions are computationally validated before being added to the blockchain ledger. To confirm that transaction blocks generated on the decentralized platform are correct, solving intricate cryptographic hash puzzles is a requirement.\r\n\r\nAfter receiving a set of transaction data, miners apply a cryptographic algorithm to produce a unique hash. The hash detects manipulation when any detail is altered. Every block contains the hash of the previous block, so changes are easily visible.\r\n\r\nHistorical background on the Limited supply of Bitcoin\n\r\nThe unknown Satoshi Nakamoto is the man behind the Bitcoin network. No one knows much about him, but his efforts in the Bitcoin mining landscape are worth appreciating. In the world of Bitcoin, his identity remains one of the greatest mysteries. Still, we can determine what he desired from the network based on how the Bitcoin Blockchain was implemented.\r\n\r\nThe goal of the Bitcoin network was to develop a digital currency that would be the antithesis of fiat money, as outlined in his well-known whitepaper. As the world economy was still recovering from the catastrophic 2008 financial crisis, Bitcoin (BTC) had to be totally decentralized and unaffected by banks or other centralized authorities. It also had to be inflation-resistant.\r\n\r\nNakamoto included a set amount of BTC into the network’s program to prevent rising prices. BTC is a scarce asset due to its limited supply, which may eventually cause its price to rise. There will only be 21 million bitcoins in circulation, and they will be created at a set rate to guarantee a constant flow of liquidity. At one moment only one new block is mined and so new bitcoins come into existence.\r\n\r\nAdditionally, Nakamoto included a feature that reduces the amount of bitcoins produced by half every four years for each block. When the first block was added in 2009, miners would get paid 50 bitcoins. It decreased to 25 bitcoins after four years, and the cycle will keep going until there are no more bitcoins available for mining. Around 1,348,775 Million Bitcoins are left to mine out of all the 21 Million Bitcoins in existence.\r\n\r\nHow much time does it take to mine one Bitcoin?\n\r\nThe amount of time required to mine a single bitcoin is determined by your percentage of the network’s total processing power. You will earn bitcoin more quickly the more significant your share is.\r\n\r\nInstead of mining in a continuous stream, bitcoin is mined in blocks. A miner generates a block, which rewards them with new bitcoin roughly every ten minutes. The previous mining work does not advance a miner toward mining a block, mining is a random or unpredictable procedure that is more like a game of chance than a building project.\r\n\r\nIt would take a long time for an individual miner using a single ASIC or computer to mine the entire bitcoin. There is intense competition for the remaining bitcoin supply that can be mined.\r\n\r\nThe earnings of a Bitcoin mining process and the time required to mine a single Bitcoin are determined by a number of factors. Given the fluctuations of the price of bitcoin, the cost of energy, and the challenge of mining bitcoin, these factors can yield essential figures for the profits of a mining operation in terms of bitcoin; however, all of the calculations are fluctuating and uncertain.\r\n\r\nEffect on Bitcoin Mining landscape when all 21 Million Bitcoins will be mined\n\r\nNo more Bitcoin will be created after the 21 million maximum supply is exhausted, even if the total quantity of coins in circulation eventually declines by a small amount. Bitcoin miners will still be paid, mainly in the form of transaction processing fees, and transactions will still be validated and compiled into blocks.\r\n\r\nIt is anticipated that the final Bitcoin will be mined around 2140. The way that Bitcoin develops will determine how miners are affected when it reaches its maximum supply limit. Miners can still make money by imposing substantial amounts of money to process large volumes of transactions if Bitcoin is primarily used as an asset of value rather than for regular transactions.\r\n\r\nEvery four years, the block reward is cut in half. It was cut in half to 25 bitcoins in 2012 and then to 12.5 in 2016. Miners can only make 6.25 bitcoin today for each new block. When the hard cap on supply is eventually accomplished, miners won’t be compensated with bitcoins for creating new blocks. They will then only be paid for their network participation through transaction fees.\r\n\r\nHowever, the cost of mining operations will eventually outweigh the rewards made by the miners because mining rewards are cut in half every four years. It may occur even prior to the fixed supply reaching its maximum supply."}" data-sheets-root="1" data-mce-fragment="1">2100 万个比特币的最大供应量耗尽后，将不再生产比特币，即使流通中的比特币总量最终会略有下降。比特币矿机仍将获得报酬，主要以交易处理费的形式，交易仍将被验证并编译成区块。

{"1":14}{"1":573,"2":{"5":1}} {"1":603}{"1":1478,"2":{"5":1}} {"1":1533}{"1":3125,"2":{"5":1}} {"1":3173}{"1":4312,"2":{"5":1}} {"1":4390}" data-sheets-userformat="{"2":641,"3":{"1":0},"10":0,"12":0}" data-sheets-value="{"1":2,"2":"Quick Summary\n\r\nEver since its launch, Bitcoin—the original cryptocurrency—has drawn the interest of both supporters and critics. However, the main characteristic that distinguishes Bitcoin from other cryptocurrencies is its limited supply. There is a limit of 21 million Bitcoins that will ever be in circulation.\r\n\r\nAn interesting question is brought up as the supply gets closer to this cap and mining keeps going on: What happens to Bitcoin once all 21 million of it are mined? In this blog post, we will explore the possible outcomes and aftermath of this milestone.\n\nAn Overview of Bitcoin Mining\n\r\nThe process of creating new Bitcoins and adding transactions to the blockchain—a public ledger—is called Bitcoin mining. It is essential to the functioning of the Bitcoin network as well as to keep the security of the Bitcoin network. New bitcoins are created via mining, which also verifies fresh transactions against the network that holds Bitcoin.\r\n\r\nOn the Bitcoin network, transactions are computationally validated before being added to the blockchain ledger. To confirm that transaction blocks generated on the decentralized platform are correct, solving intricate cryptographic hash puzzles is a requirement.\r\n\r\nAfter receiving a set of transaction data, miners apply a cryptographic algorithm to produce a unique hash. The hash detects manipulation when any detail is altered. Every block contains the hash of the previous block, so changes are easily visible.\r\n\r\nHistorical background on the Limited supply of Bitcoin\n\r\nThe unknown Satoshi Nakamoto is the man behind the Bitcoin network. No one knows much about him, but his efforts in the Bitcoin mining landscape are worth appreciating. In the world of Bitcoin, his identity remains one of the greatest mysteries. Still, we can determine what he desired from the network based on how the Bitcoin Blockchain was implemented.\r\n\r\nThe goal of the Bitcoin network was to develop a digital currency that would be the antithesis of fiat money, as outlined in his well-known whitepaper. As the world economy was still recovering from the catastrophic 2008 financial crisis, Bitcoin (BTC) had to be totally decentralized and unaffected by banks or other centralized authorities. It also had to be inflation-resistant.\r\n\r\nNakamoto included a set amount of BTC into the network’s program to prevent rising prices. BTC is a scarce asset due to its limited supply, which may eventually cause its price to rise. There will only be 21 million bitcoins in circulation, and they will be created at a set rate to guarantee a constant flow of liquidity. At one moment only one new block is mined and so new bitcoins come into existence.\r\n\r\nAdditionally, Nakamoto included a feature that reduces the amount of bitcoins produced by half every four years for each block. When the first block was added in 2009, miners would get paid 50 bitcoins. It decreased to 25 bitcoins after four years, and the cycle will keep going until there are no more bitcoins available for mining. Around 1,348,775 Million Bitcoins are left to mine out of all the 21 Million Bitcoins in existence.\r\n\r\nHow much time does it take to mine one Bitcoin?\n\r\nThe amount of time required to mine a single bitcoin is determined by your percentage of the network’s total processing power. You will earn bitcoin more quickly the more significant your share is.\r\n\r\nInstead of mining in a continuous stream, bitcoin is mined in blocks. A miner generates a block, which rewards them with new bitcoin roughly every ten minutes. The previous mining work does not advance a miner toward mining a block, mining is a random or unpredictable procedure that is more like a game of chance than a building project.\r\n\r\nIt would take a long time for an individual miner using a single ASIC or computer to mine the entire bitcoin. There is intense competition for the remaining bitcoin supply that can be mined.\r\n\r\nThe earnings of a Bitcoin mining process and the time required to mine a single Bitcoin are determined by a number of factors. Given the fluctuations of the price of bitcoin, the cost of energy, and the challenge of mining bitcoin, these factors can yield essential figures for the profits of a mining operation in terms of bitcoin; however, all of the calculations are fluctuating and uncertain.\r\n\r\nEffect on Bitcoin Mining landscape when all 21 Million Bitcoins will be mined\n\r\nNo more Bitcoin will be created after the 21 million maximum supply is exhausted, even if the total quantity of coins in circulation eventually declines by a small amount. Bitcoin miners will still be paid, mainly in the form of transaction processing fees, and transactions will still be validated and compiled into blocks.\r\n\r\nIt is anticipated that the final Bitcoin will be mined around 2140. The way that Bitcoin develops will determine how miners are affected when it reaches its maximum supply limit. Miners can still make money by imposing substantial amounts of money to process large volumes of transactions if Bitcoin is primarily used as an asset of value rather than for regular transactions.\r\n\r\nEvery four years, the block reward is cut in half. It was cut in half to 25 bitcoins in 2012 and then to 12.5 in 2016. Miners can only make 6.25 bitcoin today for each new block. When the hard cap on supply is eventually accomplished, miners won’t be compensated with bitcoins for creating new blocks. They will then only be paid for their network participation through transaction fees.\r\n\r\nHowever, the cost of mining operations will eventually outweigh the rewards made by the miners because mining rewards are cut in half every four years. It may occur even prior to the fixed supply reaching its maximum supply."}" data-sheets-root="1" data-mce-fragment="1">预计最终的比特币将在 2140 年左右被开采出来。比特币的发展方式将决定当其达到最大供应量限制时矿机会受到怎样的影响。如果比特币主要用作有价资产而不是用于常规交易，矿机仍然可以通过投入大量资金来处理大量交易来赚钱。

{"1":14}{"1":573,"2":{"5":1}} {"1":603}{"1":1478,"2":{"5":1}} {"1":1533}{"1":3125,"2":{"5":1}} {"1":3173}{"1":4312,"2":{"5":1}} {"1":4390}" data-sheets-userformat="{"2":641,"3":{"1":0},"10":0,"12":0}" data-sheets-value="{"1":2,"2":"Quick Summary\n\r\nEver since its launch, Bitcoin—the original cryptocurrency—has drawn the interest of both supporters and critics. However, the main characteristic that distinguishes Bitcoin from other cryptocurrencies is its limited supply. There is a limit of 21 million Bitcoins that will ever be in circulation.\r\n\r\nAn interesting question is brought up as the supply gets closer to this cap and mining keeps going on: What happens to Bitcoin once all 21 million of it are mined? In this blog post, we will explore the possible outcomes and aftermath of this milestone.\n\nAn Overview of Bitcoin Mining\n\r\nThe process of creating new Bitcoins and adding transactions to the blockchain—a public ledger—is called Bitcoin mining. It is essential to the functioning of the Bitcoin network as well as to keep the security of the Bitcoin network. New bitcoins are created via mining, which also verifies fresh transactions against the network that holds Bitcoin.\r\n\r\nOn the Bitcoin network, transactions are computationally validated before being added to the blockchain ledger. To confirm that transaction blocks generated on the decentralized platform are correct, solving intricate cryptographic hash puzzles is a requirement.\r\n\r\nAfter receiving a set of transaction data, miners apply a cryptographic algorithm to produce a unique hash. The hash detects manipulation when any detail is altered. Every block contains the hash of the previous block, so changes are easily visible.\r\n\r\nHistorical background on the Limited supply of Bitcoin\n\r\nThe unknown Satoshi Nakamoto is the man behind the Bitcoin network. No one knows much about him, but his efforts in the Bitcoin mining landscape are worth appreciating. In the world of Bitcoin, his identity remains one of the greatest mysteries. Still, we can determine what he desired from the network based on how the Bitcoin Blockchain was implemented.\r\n\r\nThe goal of the Bitcoin network was to develop a digital currency that would be the antithesis of fiat money, as outlined in his well-known whitepaper. As the world economy was still recovering from the catastrophic 2008 financial crisis, Bitcoin (BTC) had to be totally decentralized and unaffected by banks or other centralized authorities. It also had to be inflation-resistant.\r\n\r\nNakamoto included a set amount of BTC into the network’s program to prevent rising prices. BTC is a scarce asset due to its limited supply, which may eventually cause its price to rise. There will only be 21 million bitcoins in circulation, and they will be created at a set rate to guarantee a constant flow of liquidity. At one moment only one new block is mined and so new bitcoins come into existence.\r\n\r\nAdditionally, Nakamoto included a feature that reduces the amount of bitcoins produced by half every four years for each block. When the first block was added in 2009, miners would get paid 50 bitcoins. It decreased to 25 bitcoins after four years, and the cycle will keep going until there are no more bitcoins available for mining. Around 1,348,775 Million Bitcoins are left to mine out of all the 21 Million Bitcoins in existence.\r\n\r\nHow much time does it take to mine one Bitcoin?\n\r\nThe amount of time required to mine a single bitcoin is determined by your percentage of the network’s total processing power. You will earn bitcoin more quickly the more significant your share is.\r\n\r\nInstead of mining in a continuous stream, bitcoin is mined in blocks. A miner generates a block, which rewards them with new bitcoin roughly every ten minutes. The previous mining work does not advance a miner toward mining a block, mining is a random or unpredictable procedure that is more like a game of chance than a building project.\r\n\r\nIt would take a long time for an individual miner using a single ASIC or computer to mine the entire bitcoin. There is intense competition for the remaining bitcoin supply that can be mined.\r\n\r\nThe earnings of a Bitcoin mining process and the time required to mine a single Bitcoin are determined by a number of factors. Given the fluctuations of the price of bitcoin, the cost of energy, and the challenge of mining bitcoin, these factors can yield essential figures for the profits of a mining operation in terms of bitcoin; however, all of the calculations are fluctuating and uncertain.\r\n\r\nEffect on Bitcoin Mining landscape when all 21 Million Bitcoins will be mined\n\r\nNo more Bitcoin will be created after the 21 million maximum supply is exhausted, even if the total quantity of coins in circulation eventually declines by a small amount. Bitcoin miners will still be paid, mainly in the form of transaction processing fees, and transactions will still be validated and compiled into blocks.\r\n\r\nIt is anticipated that the final Bitcoin will be mined around 2140. The way that Bitcoin develops will determine how miners are affected when it reaches its maximum supply limit. Miners can still make money by imposing substantial amounts of money to process large volumes of transactions if Bitcoin is primarily used as an asset of value rather than for regular transactions.\r\n\r\nEvery four years, the block reward is cut in half. It was cut in half to 25 bitcoins in 2012 and then to 12.5 in 2016. Miners can only make 6.25 bitcoin today for each new block. When the hard cap on supply is eventually accomplished, miners won’t be compensated with bitcoins for creating new blocks. They will then only be paid for their network participation through transaction fees.\r\n\r\nHowever, the cost of mining operations will eventually outweigh the rewards made by the miners because mining rewards are cut in half every four years. It may occur even prior to the fixed supply reaching its maximum supply."}" data-sheets-root="1" data-mce-fragment="1">每四年，区块奖励就会减半。2012 年减半至 25 比特币，2016 年减半至 12.5 比特币。目前，矿机每挖出一个新区块只能获得 6.25 比特币。当供应量最终达到硬上限时，矿机不会因创建新区块而获得比特币作为补偿。届时，他们只能通过交易费获得参与网络的报酬。

{"1":14}{"1":573,"2":{"5":1}} {"1":603}{"1":1478,"2":{"5":1}} {"1":1533}{"1":3125,"2":{"5":1}} {"1":3173}{"1":4312,"2":{"5":1}} {"1":4390}" data-sheets-userformat="{"2":641,"3":{"1":0},"10":0,"12":0}" data-sheets-value="{"1":2,"2":"Quick Summary\n\r\nEver since its launch, Bitcoin—the original cryptocurrency—has drawn the interest of both supporters and critics. However, the main characteristic that distinguishes Bitcoin from other cryptocurrencies is its limited supply. There is a limit of 21 million Bitcoins that will ever be in circulation.\r\n\r\nAn interesting question is brought up as the supply gets closer to this cap and mining keeps going on: What happens to Bitcoin once all 21 million of it are mined? In this blog post, we will explore the possible outcomes and aftermath of this milestone.\n\nAn Overview of Bitcoin Mining\n\r\nThe process of creating new Bitcoins and adding transactions to the blockchain—a public ledger—is called Bitcoin mining. It is essential to the functioning of the Bitcoin network as well as to keep the security of the Bitcoin network. New bitcoins are created via mining, which also verifies fresh transactions against the network that holds Bitcoin.\r\n\r\nOn the Bitcoin network, transactions are computationally validated before being added to the blockchain ledger. To confirm that transaction blocks generated on the decentralized platform are correct, solving intricate cryptographic hash puzzles is a requirement.\r\n\r\nAfter receiving a set of transaction data, miners apply a cryptographic algorithm to produce a unique hash. The hash detects manipulation when any detail is altered. Every block contains the hash of the previous block, so changes are easily visible.\r\n\r\nHistorical background on the Limited supply of Bitcoin\n\r\nThe unknown Satoshi Nakamoto is the man behind the Bitcoin network. No one knows much about him, but his efforts in the Bitcoin mining landscape are worth appreciating. In the world of Bitcoin, his identity remains one of the greatest mysteries. Still, we can determine what he desired from the network based on how the Bitcoin Blockchain was implemented.\r\n\r\nThe goal of the Bitcoin network was to develop a digital currency that would be the antithesis of fiat money, as outlined in his well-known whitepaper. As the world economy was still recovering from the catastrophic 2008 financial crisis, Bitcoin (BTC) had to be totally decentralized and unaffected by banks or other centralized authorities. It also had to be inflation-resistant.\r\n\r\nNakamoto included a set amount of BTC into the network’s program to prevent rising prices. BTC is a scarce asset due to its limited supply, which may eventually cause its price to rise. There will only be 21 million bitcoins in circulation, and they will be created at a set rate to guarantee a constant flow of liquidity. At one moment only one new block is mined and so new bitcoins come into existence.\r\n\r\nAdditionally, Nakamoto included a feature that reduces the amount of bitcoins produced by half every four years for each block. When the first block was added in 2009, miners would get paid 50 bitcoins. It decreased to 25 bitcoins after four years, and the cycle will keep going until there are no more bitcoins available for mining. Around 1,348,775 Million Bitcoins are left to mine out of all the 21 Million Bitcoins in existence.\r\n\r\nHow much time does it take to mine one Bitcoin?\n\r\nThe amount of time required to mine a single bitcoin is determined by your percentage of the network’s total processing power. You will earn bitcoin more quickly the more significant your share is.\r\n\r\nInstead of mining in a continuous stream, bitcoin is mined in blocks. A miner generates a block, which rewards them with new bitcoin roughly every ten minutes. The previous mining work does not advance a miner toward mining a block, mining is a random or unpredictable procedure that is more like a game of chance than a building project.\r\n\r\nIt would take a long time for an individual miner using a single ASIC or computer to mine the entire bitcoin. There is intense competition for the remaining bitcoin supply that can be mined.\r\n\r\nThe earnings of a Bitcoin mining process and the time required to mine a single Bitcoin are determined by a number of factors. Given the fluctuations of the price of bitcoin, the cost of energy, and the challenge of mining bitcoin, these factors can yield essential figures for the profits of a mining operation in terms of bitcoin; however, all of the calculations are fluctuating and uncertain.\r\n\r\nEffect on Bitcoin Mining landscape when all 21 Million Bitcoins will be mined\n\r\nNo more Bitcoin will be created after the 21 million maximum supply is exhausted, even if the total quantity of coins in circulation eventually declines by a small amount. Bitcoin miners will still be paid, mainly in the form of transaction processing fees, and transactions will still be validated and compiled into blocks.\r\n\r\nIt is anticipated that the final Bitcoin will be mined around 2140. The way that Bitcoin develops will determine how miners are affected when it reaches its maximum supply limit. Miners can still make money by imposing substantial amounts of money to process large volumes of transactions if Bitcoin is primarily used as an asset of value rather than for regular transactions.\r\n\r\nEvery four years, the block reward is cut in half. It was cut in half to 25 bitcoins in 2012 and then to 12.5 in 2016. Miners can only make 6.25 bitcoin today for each new block. When the hard cap on supply is eventually accomplished, miners won’t be compensated with bitcoins for creating new blocks. They will then only be paid for their network participation through transaction fees.\r\n\r\nHowever, the cost of mining operations will eventually outweigh the rewards made by the miners because mining rewards are cut in half every four years. It may occur even prior to the fixed supply reaching its maximum supply."}" data-sheets-root="1" data-mce-fragment="1"> 然而 ，挖矿成本最终将超过矿机获得的回报，因为挖矿回报每四年就会减半。这种情况甚至可能在固定供应量达到最大供应量之前就发生。