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What happens after the last Bitcoin is mined? Final block explained
1. What's the main reward miners receive today?
✅ New Bitcoins and transaction fees
2. When will the last Bitcoin be mined?
✅ Around the year 2140
3. How many Bitcoins will ever exist in total?
✅ 21 million
4. What keeps the Bitcoin network secure after all coins are mined?
✅ Transaction fees paid to miners
5. What happens after the last Bitcoin is mined?
✅ Miners will only earn from transaction fees
6. What changes for miners after the final Bitcoin in mined?
✅ They earn only through fees
7. Why is Bitcoin considered digitally scarce?
✅ Its supply is limited and coded
8. What ensures that Bitcoin supply stops increasing?
✅ It's written into the code
9. What could happen if demand stays high while Bitcoin supply is fixed?
✅ Price could rise significantly
10. What is a Bitcoin halving?
✅ A process that cuts block rewards in half
11. How often do Bitcoin halvings occur?
✅ Every four years
12. Why won't reaching the Bitcoin cap be a shock to the system?
✅ The network has been preparing for it through halvings
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