Step 1: Recall the area formula for an equilateral triangle.
For an equilateral triangle of side a, the area is:
\[ \text{Area} = \dfrac{\sqrt{3}}{4}a^2 \]
We use this for every triangle in the sequence.
Step 2: Find the area of the first triangle.
The first triangle has side 16 cm.
\[ A_1 = \dfrac{\sqrt{3}}{4}(16)^2 = \dfrac{\sqrt{3}}{4}(256) = 64\sqrt{3} \text{ sq cm} \]
Step 3: Find how the side length changes at each step.
Joining the midpoints of an equilateral triangle's sides creates a new equilateral triangle whose side is exactly half the original side, a basic result of the midpoint theorem.
So the sides go 16, 8, 4, 2, and so on, each one half of the one before, forming a geometric sequence with common ratio \(\dfrac{1}{2}\).
Step 4: Find how the area changes at each step.
Since area depends on the square of the side, halving the side means the area becomes \(\left(\dfrac{1}{2}\right)^2 = \dfrac{1}{4}\) of the previous area.
So the areas \(A_1, A_2, A_3, \ldots\) form a geometric sequence too, with first term \(A_1 = 64\sqrt{3}\) and common ratio \(r = \dfrac{1}{4}\).
Step 5: Sum the infinite geometric series of areas.
For an infinite geometric series with first term a and ratio r (where \(|r|<1\)), the sum is \(\dfrac{a}{1-r}\). Here:
\[ \text{Sum} = \dfrac{64\sqrt{3}}{1 - \tfrac{1}{4}} = \dfrac{64\sqrt{3}}{\tfrac{3}{4}} = 64\sqrt{3} \times \dfrac{4}{3} = \dfrac{256\sqrt{3}}{3} \]
Final Answer:
The sum of the areas of all the triangles formed this way, without end, is \(\dfrac{256}{3}\sqrt{3}\) sq cm.
\[ \boxed{\dfrac{256}{3}\sqrt{3} \text{ sq cm}} \]