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What Happens When ALL 21 Million Bitcoin are Mined? Explained
Everyone talks about 2140—but Bitcoin’s real crisis might hit in 2032. As block rewards vanish and fees take over, can the network survive? Dive deep into the future of mining, power economics, and whether Bitcoin’s security model can actually scale.
SPONSORS:
⛓️ Sazmining: https://www.sazmining.com/?utm_source=simplybitcoin&utm_medium=show&utm_campaign=sb3months
Promo code: SimplyBitcoin
CHAPTERS:
00:00:00 - What Happens After the Last Bitcoin is Mined?
00:00:18 - Understanding Bitcoin Mining
00:01:02 - The Process of Bitcoin Mining
00:02:02 - Block Rewards and Subsidy Cliff
00:02:50 - The Scarcity of Blockspace
00:03:21 - Transaction Fees and Market Dynamics
00:04:45 - The One-Way Trade of Bitcoin Mining
00:05:39 - State Actors and Security Subsidies
00:06:57 - Global Adoption vs. Energy Costs
00:07:18 - SaaS Mining Partnership
00:07:53 - Three Forces Preventing Hash Rate Collapse
00:08:06 - Migration of Mining Equipment
00:08:38 - The Price of Honesty in Transaction Fees
00:09:09 - Engagement and Call to Action
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