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*WHAT HAPPENS AFTER ALL BITCOINS ARE MINED?*
Once the last bitcoin is mined, block rewards disappear. Miners will then rely entirely on transaction fees to earn revenue. These fees are paid by users whenever they send Bitcoin, and they’ll need to be high enough to keep miners incentivized to secure the network.
There are a few possible outcomes:
•Higher transaction fees: Users might face higher costs to move BTC if miners demand more compensation.
•More reliance on scaling solutions: Networks like the Lightning Network may help ease congestion and keep fees manageable.
•Mining consolidation: If fees aren’t enough, some miners may shut down. Although unlikely, this could raise concerns about network security if it happens on a large scale.
Still, Bitcoin has a track record of adapting, so it’s likely that new solutions will emerge to balance miner incentives and user costs.
$BTC