最後的比特幣被開採時會發生什麼？

市場觀察家和投資者最常見的問題之一是，當所有2100萬枚硬幣被開採時，比特幣的未來。

Key Takeaways:

關鍵要點：

* One of the questions that market observers and investors ask most frequently is what will happen to Bitcoin when all 21 million coins are mined.

*市場觀察家和投資者最常問的問題之一是，當所有2100萬枚硬幣被開採時，比特幣會發生什麼。

* This guide will answer that question and explain its implications for the crypto market.

*本指南將回答這個問題，並解釋其對加密市場的影響。

When will the last Bitcoin be mined?

最後的比特幣何時開採？

* With a maximum supply of 21 million coins that could ever be mined, Bitcoin is getting closer to reaching the point when no more mining will be possible.

*最多可以開采的2100萬個硬幣的供應，比特幣正越來越接近無法再開采的地步。

* According to experts, the last satoshi will be mined around 2140, unless there are serious forks or community-driven changes.

*根據專家的說法，除非有嚴重的叉子或社區驅動的變化，否則最後一個satoshi將在2140年左右開採。

* After that point, Bitcoin's inflation rate will reach 0%.

*之後，比特幣的通貨膨脹率將達到0％。

How Bitcoin’s Fixed Supply (21M BTC) Contributes to Value

比特幣的固定供應（21m BTC）如何有助於價值

* The future of Bitcoin is closely related to its hard cap of 21 million, which experts compare to DNA that cannot be altered, making it one of the most treasured digital assets today.

*比特幣的未來與其硬上限2100萬密切相關，專家與無法改變的DNA相比，這是當今最珍貴的數字資產之一。

* A digital equivalent of gold, Bitcoin is valuable because of its limited supply, which will eventually drive its value up, and people recognize it as a store of value.

*比特幣的數字相當於黃金，由於其供應有限，這最終將推動其價值提高，人們將其視為價值存儲。

* In contrast to government-supplied money, which can be printed anytime for various reasons, the limited supply of Bitcoin ensures that no one can dilute the value by issuing more monetary units.

*與政府提供的資金相比，由於各種原因可以在任何時間打印，比特幣的供應有限可確保沒有人能通過發行更多的貨幣單位來稀釋價值。

What happens when all BTC is mined?

當所有BTC開採時會發生什麼？

* It is estimated that the last Bitcoin will be mined around 2140, and after that, no more new Bitcoin will be created or issued into the market.

*據估計，最後的比特幣將在2140年左右開採，此後，將不再創建或發行新的比特幣。

* Once this has happened, Bitcoin miners will no longer depend on the rewards they earn by adding new blocks to the blockchain. Instead, they will likely rely on transaction fees to maintain the blockchain and validate transactions.

*一旦發生這種情況，比特幣礦工將不再依賴他們通過在區塊鏈中添加新區塊來獲得的獎勵。相反，他們可能會依靠交易費用來維持區塊鍊和驗證交易。

Will miners still be profitable ?

礦工仍然會盈利嗎？

* Once miners divert their efforts away from block rewards, transaction fees may increase to motivate miners to continue securing the network.

*一旦礦工將努力從塊獎勵轉移，交易費可能會增加，以激勵礦工繼續確保網絡。

* This will ensure that they maintain a robust network and continue processing transactions with costs expected to be high enough to offer fair, justifiable, and profitable incomes.

*這將確保他們維持強大的網絡並繼續處理交易，預計成本足夠高，可以提供公平，合理和有利可圖的收入。

* This could be possible given Bitcoin’s potential as a store of value, and with no more inflows of coins, the scarcity will induce an appreciation as it becomes more sought after.

*鑑於比特幣作為價值存儲的潛力，並且由於不再流入硬幣，這可能是可能的，因為稀缺性將引起人們的欣賞。

* It is also possible that miners will turn to other innovative solutions like repurposing the heat generated during mining operations from domestic or agricultural uses for additional revenue.

*礦工也可能會轉向其他創新的解決方案，例如重新利用來自國內或農業用途的採礦業務在採礦業務中產生的熱量，以獲得額外的收入。

Predictions for Bitcoin’s price and role in global finance

預測比特幣的價格和在全球金融中的作用

* The digital asset becomes the hardest currency as Bitcoin’s inflationary rate gets reduced by half every four years due to the halving event.

*由於比特幣的通貨膨脹率每四年減少了一半，因此數字資產成為最難的貨幣。

* For example, after the 2016 halving, the block subsidy dropped from 12.5 Bitcoins to 6.25 BTC. BTC’s inflation rate fell from 3.7% to 1.8%, less than the USD’s 2%. The last halving event in 2024 made BTC less inflationary than gold.

*例如，在2016年減半之後，塊補貼從12.5比特幣降至6.25 BTC。 BTC的通貨膨脹率從3.7％下降到1.8％，少於美元的2％。 2024年的最後一次減半事件使BTC的通貨膨脹率低於黃金。

* As a result, the price of goods and services in Bitcoin will reduce as its value increases.

*結果，比特幣中商品和服務的價格會隨著其價值的增加而降低。

* For the economists who worry about Bitcoin’s deflationary nature and whether it will make it difficult for the digital asset to support the economy because there will be too few to go around, the answer is found in Bitcoin’s divisibility, seeing that BTC is divisible into 100 million units called satoshis. As BTC’s value rises, those smaller amounts will possess more purchasing power.

*對於那些擔心比特幣的縮放性質以及是否會使數字資產很難支持經濟的經濟學家，因為要解決的時間太少，因此可以在比特幣的可分裂性中找到答案，因為看到BTC可以將BTC分為1億個稱為Satoshis的單位。隨著BTC的價值上升，這些較小的金額將具有更多的購買力。

The 21-million hard cap guarantees the future of Bitcoin since it’s not just a number but a promise that the BTC community is obliged to keep.

2100萬硬帽保證了比特幣的未來，因為它不僅是一個數字，而且是BTC社區必須保留的承諾。

As Bitcoin’s popularity increases and it becomes more accepted, the scarcity that comes when the last Bitcoin is a part of what makes it a unique cryptocurrency.

隨著比特幣的受歡迎程度的提高並變得越來越被接受，當最後一張比特幣是使其成為獨特的加密貨幣的一部分時所產生的稀缺性。