Eth shills, where'd u go?

>I'm gunna be a millionaire for doing nothing.
what are you 12? besides that there will be no incentive to run the hardware that keeps it running. it will literally just stop working once the mining stops paying. there is no denying that logic. who in their right mind will use all that electricity for literally nothing.

i heard china and some shitholes like that basically gives free electricity to companies to increase competitiveness. that is why they are really big on mining. even with outdated equipment they will keep on churning until some pennies drop out of it.

but thats the thing there will be absolutely no compensation for doing it.

yeah well they will do something else then obviously or sell the hardware or melt the gold out of it.

the thing is the halvening will not immediately crush the bitcoin mining as some imagine it. some miners will drop out others will increase their market share and thus remain profitable. the transaction fees will bump up.

that is all i expect from it.

unfortunately the network isnt as big as they thought it would be so solving blocks without the block reward wont be worth it as it stands. Nothing can be changed in how bitcoin works so there will be no bump in transaction fees. I would sell before the last coin drops because the system might just stop working the next day.

Proof of stake means no mining needed. Solving the whole problem. I dont know what you're arguing about man, maybe bitcoin but i dont give a shit about that.

You're a fucking dumbass and it shows

how the hell does it work? do they just say ok heres some digital coins, only we know how to make them. just trust us that we wont print our own money once you idiots assign a dollar value on them.

you do know the miners are the only thing that makes the system work right? as soon as those giant Chinese server farms stop playing, the system will stop working.

not bloody likely
i mean it would be worth it for me to watch the spectacle i could jerk off using tears of the bitcucks all day.
but i think that mining is not so easily disrupted dropouts will be gradual because everyone will try to play the long game and wait for others to drop out first.

worst come to worst everyone with a pc and a bitcoin wallet could start to cpu mine the stuff the difficulty will adjust pretty fast.