user2061: If every single Bitcoin miner were to stop mining altogether, how would this effect the Bitcoin network? 

user85: Transactions would never acquire any confirmations and the network would be essentially useless. In principle, people could still accept transactions if there were no conflicting transactions, but anyone could perform a transaction and then undo it if they wished to do so.

2061: <p>If every single Bitcoin miner were to stop mining altogether, how would this effect the Bitcoin network? </p>
 85: <p>Transactions would never acquire any confirmations and the network would be essentially useless. In principle, people could still accept transactions if there were no conflicting transactions, but anyone could perform a transaction and then undo it if they wished to do so.</p>
