Bitcoin Mining
What Will Happen After All Bitcoin Are Mined?
When all bitcoin have been mined, miner revenue will depend entirely on transaction fees. The cost of transaction fees and purchasing power of bitcoin will likely adjust higher to the lack of new supply.
Proof-of-Work (PoW) vs Proof-of-Stake (PoS)
Proof-of-Work and Proof-of-Stake are two consensus mechanisms which solve the Byzantine Generals Problem for distributed networks. Bitcoin uses Proof-of-Work because of its superior security guarantees and resistance to centralization and capture.
Bitcoin Mining Taxes and Regulation
Bitcoin mining is taxed differently than investing in bitcoin, and can generate multiple taxable events. Several state governments have enacted pro-Bitcoin regulation to support business activities in their states.