InvestorsHub Logo
Followers 4
Posts 363
Boards Moderated 0
Alias Born 12/14/2016

Re: AW104 post# 23697

Saturday, 02/24/2018 9:16:37 AM

Saturday, February 24, 2018 9:16:37 AM

Post# of 63466
@AW104 - It's a non-linear relationship. The mathematical problems that have to be solved to successfully mine a bitcoin get more complex as more coins are mined. The last coins to be mined will take a lot longer per coin to mine than the first ones. However, that also assumes that computing horsepower is relatively fixed over time. To the extent that the mining rigs become faster and more efficient over time, that year 2140 estimate could come in a bit.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y