最后的比特币被开采时会发生什么？

市场观察家和投资者最常见的问题之一是，当所有2100万枚硬币被开采时，比特币的未来。

Key Takeaways:

关键要点：

* 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.

*市场观察家和投资者最常问的问题之一是，当所有2100万枚硬币被开采时，比特币会发生什么。

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

*本指南将回答这个问题，并解释其对加密市场的影响。

When will the last Bitcoin be mined?

最后的比特币何时开采？

* 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.

*最多可以开采的2100万个硬币的供应，比特币正越来越接近无法再开采的地步。

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

*根据专家的说法，除非有严重的叉子或社区驱动的变化，否则最后一个satoshi将在2140年左右开采。

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

*之后，比特币的通货膨胀率将达到0％。

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

比特币的固定供应（21m BTC）如何有助于价值

* 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.

*比特币的未来与其硬上限2100万密切相关，专家与无法改变的DNA相比，这是当今最珍贵的数字资产之一。

* 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.

*比特币的数字相当于黄金，由于其供应有限，这最终将推动其价值提高，人们将其视为价值存储。

* 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.

*与政府提供的资金相比，由于各种原因可以在任何时间打印，比特币的供应有限可确保没有人能通过发行更多的货币单位来稀释价值。

What happens when all BTC is mined?

当所有BTC开采时会发生什么？

* 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.

*据估计，最后的比特币将在2140年左右开采，此后，将不再创建或发行新的比特币。

* 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.

*一旦发生这种情况，比特币矿工将不再依赖他们通过在区块链中添加新区块来获得的奖励。相反，他们可能会依靠交易费用来维持区块链和验证交易。

Will miners still be profitable ?

矿工仍然会盈利吗？

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

*一旦矿工将努力从块奖励转移，交易费可能会增加，以激励矿工继续确保网络。

* 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.

*这将确保他们维持强大的网络并继续处理交易，预计成本足够高，可以提供公平，合理和有利可图的收入。

* 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.

*鉴于比特币作为价值存储的潜力，并且由于不再流入硬币，这可能是可能的，因为稀缺性将引起人们的欣赏。

* 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.

*矿工也可能会转向其他创新的解决方案，例如重新利用来自国内或农业用途的采矿业务在采矿业务中产生的热量，以获得额外的收入。

Predictions for Bitcoin’s price and role in global finance

预测比特币的价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.

*由于比特币的通货膨胀率每四年减少了一半，因此数字资产成为最难的货币。

* 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年减半之后，块补贴从12.5比特币降至6.25 BTC。 BTC的通货膨胀率从3.7％下降到1.8％，少于美元的2％。 2024年的最后一次减半事件使BTC的通货膨胀率低于黄金。

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

*结果，比特币中商品和服务的价格会随着其价值的增加而降低。

* 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.

*对于那些担心比特币的缩放性质以及是否会使数字资产很难支持经济的经济学家，因为要解决的时间太少，因此可以在比特币的可分裂性中找到答案，因为看到BTC可以将BTC分为1亿个称为Satoshis的单位。随着BTC的价值上升，这些较小的金额将具有更多的购买力。

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.

2100万硬帽保证了比特币的未来，因为它不仅是一个数字，而且是BTC社区必须保留的承诺。

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.

随着比特币的受欢迎程度的提高并变得越来越被接受，当最后一张比特币是使其成为独特的加密货币的一部分时所产生的稀缺性。