Updates and other decisions are made by the ‘miners’. Miners use computers or specialized hardware to generate large amounts of computer processing power, and this is used to operate the network and process transactions. In return, they receive transaction fees. They will also receive freshly generated bitcoins until the last bitcoin of the 21 million BTC supply is ‘mined.’ At the current pace of mining, this will happen in the year 2140. If Bitcoin is still around, the miners will be incentivized to do their work for the fees alone, keeping the network up and running. April 1, 2017 —Â&; A Japanese law comes into force that brings the Bitcoin exchanges under the purview of Know Your Customer (KYC) and Anti Money Laundering (AML) rules. It also recognises Bitcoin as a type of prepaid payment instrument. Bitcoin price – crypto casino video games $1098.07.