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Everyone talks about 2140—but Bitcoin’s real crisis might hit in 2032. As block rewards vanish and fees take over, can the network survive? Dive deep into the future of mining, power economics, and whether Bitcoin’s security model can actually scale. SPONSORS: ⛓️ Sazmining: https://shorturl.at/VDij1 Promo code: SimplyBitcoin CHAPTERS: 00:00:00 - What Happens After the Last Bitcoin is Mined? 00:00:18 - Understanding Bitcoin Mining 00:01:02 - The Process of Bitcoin Mining 00:02:02 - Block Rewards and Subsidy Cliff 00:02:50 - The Scarcity of Blockspace 00:03:21 - Transaction Fees and Market Dynamics 00:04:45 - The One-Way Trade of Bitcoin Mining 00:05:39 - State Actors and Security Subsidies 00:06:57 - Global Adoption vs. Energy Costs 00:07:18 - SaaS Mining Partnership 00:07:53 - Three Forces Preventing Hash Rate Collapse 00:08:06 - Migration of Mining Equipment 00:08:38 - The Price of Honesty in Transaction Fees 00:09:09 - Engagement and Call to Action ✓ SUBSCRIBE - https://bit.ly/3QbgqTQ ✓ LEAVE A LIKE ✓ COMMENT Follow Us: ► https://x.com/SimplyBitcoinTV ► https://simplybitcoin.substack.com DISCLAIMER: All views in this episode are our own and DO NOT reflect the opinions/views of any of our guests or sponsors. Copyright Disclaimer Under section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, education, and research. If you are or represent the copyright owner of materials used in this video and have a problem using said material, please contact Simply Bitcoin.