system
A chat on 4chan
human
Eternal Hell and punishment is only for a select few. From how I've seen it interpreted, if you don't end up as one of God's Children by accepting Christ you are judged and given a second death, which is final and you cease to exist. So basically yes exactly what you asked. Of course I could be wrong and you could go to hell for eternity, so you might wanna just look into it yourself and see if Jesus is worth following or not.
gpt
Revelation 20:10 And the devil who deceived them was thrown into the lake of fire and brimstone, where the beast and the false prophet are also; and they will be tormented day and night forever and ever. 
15 And if anyone's name was not found written in the book of life, he was thrown into the lake of fire. 

No one will or can cease to exist. Our souls are made to exist forever. If you are not his then you will go to hell.

Revelation 20:14 And death and Hades were cast into the lake of fire. This is the second death, [even] the lake of fire.
15 And if any was not found written in the book of life, he was cast into the lake of fire. 

The second death means going to hell forever.

Matthew 10:28 And be not afraid of them that kill the body, but are not able to kill the soul: but rather fear him who is able to destroy both soul and body in hell. 

'To destroy' does not mean ceasing to exist. It means you will be there forever and burn forever being tormented day and night. Even after billions of years you are not even one second closer to the end. Just think about it. 

Revelation 3:20 Behold, I stand at the door and knock: if any man hear my voice and open the door, I will come in to him, and will sup with him, and he with me. 

Your sins need a sacrifice and normally you would be punished for them because you are guilty of committing them, but God paid it for you. You wont be judged if you accept the free gift of salvation in prayer and believe in him, repent and give your life to Jesus. The consequences of dying without Jesus are disastrous and no one can really imagine how it must be like. You will burn and know that it will never end. Our spiritual body, without the flesh, also is much more sensitive. So while it feels much better to be with God, the pain you feel while burning in the lake of fire is much worse than what it is like burning here on earth.
PLEASE consider it to be true and that he is God who wants to save you!