Bitcoin’s mining journey: From abundance to scarcity
The impending exhaustion of Bitcoin’s minable supply presents unique challenges and opportunities for the cryptocurrency’s long-term viability. This article analyzes the temporal projection of Bitcoin mining exhaustion, examining factors such as the halving schedule, block difficulty adjustments, and the impact on network security and transaction fees. Exploring potential scenarios and implications, this work contributes to the ongoing discourse on Bitcoin’s sustainability and the future of decentralized consensus mechanisms.