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How many bitcoins are yet to be created?

avatarRawaa AhmedDec 29, 2021 · 3 years ago3 answers

Can you tell me how many bitcoins are left to be created? I'm curious about the total supply of bitcoins and how many are still available for mining.

How many bitcoins are yet to be created?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Sure! As of now, there are approximately 18.7 million bitcoins in circulation. The total supply of bitcoins is capped at 21 million, which means there are roughly 2.3 million bitcoins left to be created. This remaining supply will be gradually released through the process of mining, where new bitcoins are generated as a reward for solving complex mathematical problems. So, there's still a significant amount of bitcoins that can be mined in the future.
  • avatarDec 29, 2021 · 3 years ago
    Well, let me break it down for you. Currently, around 88% of all bitcoins have been mined, leaving approximately 12% yet to be created. This remaining supply is expected to be mined over the next few decades, as the mining difficulty increases and the reward for mining decreases. So, if you're thinking about getting into bitcoin mining, there's still some opportunity left, but it's important to consider the cost of mining equipment and electricity.
  • avatarDec 29, 2021 · 3 years ago
    According to the latest data, there are about 2.3 million bitcoins left to be mined. This number is constantly decreasing as more bitcoins are mined and added to circulation. It's worth noting that the rate of bitcoin creation is halved approximately every four years, a process known as the 'halving'. This means that the remaining bitcoins will be mined at a slower pace over time. So, if you're interested in mining bitcoins, it's important to keep an eye on the halving events and adjust your mining strategy accordingly.