Don't think new Bitcoin is generated by the miners as much as they want, they're mine new Bitcoin which still not being mined on the network.

I'd say the 19+ Million Bitcoins which has been mined can be call as circulated because not all Bitcoins can be accessed and traded, the circulated Bitcoin is less than the total of current supply.

The 21 million is the hard cap for Bitcoin mining once that amount is reached then no one will be able to mine any more bitcoins. The answer to your question is yes after they mined all 21 million bitcoins they will not be able to mine a single more Bitcoin.

In current date and time almost 19 million bitcoins has been mined so far, but you should keep in mind that Bitcoin halving happens every four years that reduces the amount of mined bitcoin to half. It is estimated by many experts that all Bitcoins will be mined around year 2140, and most of us won't live to see that day.

The next halving will take place in 2024 and with that the mining reward will reduce to 3.125 bitcoin per block and the halving will continue in that way after every four years until it reaches the end at year 2140. Just imagine what will be the expected price of a Bitcoin in that year. Those who invest in Bitcoin today would have rich generations with that investment.

This kind of forking will be hard since we need a consensus of 95% and with the number of bitcoin adopters increasing daily it will not be easy to achieve. Let’s take the bitcoin diamond hard forked form the blockchain for example, it was supposed to address the 21 million limit of bitcoin and it was increased 10 times (210 million) but today the price signifies that bitcoiners do not accept this kind of consensus. So even in future I doubt there will be a fork that will actually solve this limitation problem because it is one of the most important factors that makes bitcoin unique.


To explain more, the bitcoin blockchain adds new block every 600 seconds (10 minutes) and after 210,000 blocks have been added it is when the reward is halved which is approximately every fours years.

What some people are worried about is that the transaction fee will not be enough for miners when bitcoin mining fees stop coming. Yes today the fees are not that high but with bitcoin adoption growing fast before 2140 there will be more people using bitcoin for daily transactions which will significantly increase the fees. Also not many of the current miners will still continue as the cost of mining is getting expensive daily

that's an interesting point too.

Yeah, interesting and yours as well. Any thought that you're having is valid but I don't think that most of us will still be alive by that time. Even if I'm also a bitcoin believer and holder, we don't know if by that time bitcoin is still a thing. But as of now, it's here to stay and we're all looking forward to its future. It's good to know about such situations and about these things but then after knowing what will happen by that time, it's best to have that focused thought into accumulation and that's much better for us to get back on track and that's to accumulate as many bitcoins as we can. It may not be a whole bitcoin but you're doing your thing and you've got a progress.

There won't be any more bitcoin to be mined after the 21 million cap has been completely reached by the miners. These are not intended to work that way; rather, the software was created that way before the miners came on board. Only the 21 million bitcoins will be usable after they have all been mined, and miners will only be rewarded for validating transactions into the blockchain.

Even if the reward had significantly decreased by that point, it would still be worthwhile given how much the price of bitcoin would have increased. And given how expensive mining equipment is become, we might also see a decline in the number of miners.

They generate Bitcoin through the the transaction fee payment. If minting of new token is what you are describing then it’s not possible due to the max supply. Bitcoin will never complete those 21M in circulation since some of them is already dormant due to lost access on private key or the owner die.

But boy, it will take so much time to completely mine the last piece of Bitcoin since the difficulty increase every halving.

Miners can't mint new Bitcoin and that is what makes Bitcoin different from all other currencies including fiat and altcoins who's owners can mint new coins just to satisfy their desire thereby lowering the value of those coins.


Bitcoin is unique and it has a limited total supply of 21 million Bitcoin, and nothing more, miners just contribute to the network by hashing already existing Bitcoin that has not yet been broadcast on the public ledger network called blockchain and the get paid in fees, aside from that, bitcoin miner has no control over bitcoin and no one does.

If the total 21 Million Bitcoins is mind what will be left is the value of each bit will increase just like the reflection of what we are seeing with the price of Bitcoin getting increasingly high, that static circulating supplies is where the value of Bitcoin is.

Those who have succeeded in maintaining an investment Bitcoin portfolio may not encounter much issues once it reaches its limit, because they would have enough to trade to those who need it.
I also believe that persons who have had experience mining or using Bitcoin would try to explore altcoins and this would create new opportunities for crypto currency and ease the much reliance of Bitcoin.
I don't see Bitcoin dying out after it reaches its limit though, because the leaders must have a well thought out plan on how to keep Bitcoin in continuity, even if miners stop mining.
What happens to those countries who have adopted it as legal tender, like El Salvador and likes?
What also happens to those who have the intention of making it a legal tender?
Bitcoin leaders might even produce physical Bitcoin cash for physical trades and transactions. Time will tell eventually, but I doubt it would die out after it reaches its limit of 21million.