How much bitcoin has been mined so far?
ABHIJEET SHAHDec 27, 2021 · 3 years ago3 answers
Can you tell me the total amount of bitcoin that has been mined up until now?
3 answers
- Dec 27, 2021 · 3 years agoSure! As of now, approximately 18.5 million bitcoins have been mined. However, the total supply of bitcoin is capped at 21 million, so there are only around 2.5 million bitcoins left to be mined. The rate at which new bitcoins are created is halved approximately every four years through a process called halving. This ensures that the supply of bitcoin remains limited and helps to maintain its value over time.
- Dec 27, 2021 · 3 years agoWell, the total amount of bitcoin that has been mined so far is quite impressive. It's around 18.5 million bitcoins! But here's the catch - there will only ever be 21 million bitcoins in existence. So, we're getting closer to the limit. Once all 21 million bitcoins have been mined, no more new bitcoins will be created. It's like a digital gold rush, but with a finite supply!
- Dec 27, 2021 · 3 years agoAccording to the latest data, approximately 18.5 million bitcoins have been mined. However, it's important to note that the rate at which new bitcoins are mined is gradually decreasing. This is because of the halving process, which reduces the reward for miners by half every few years. So, while there are still some bitcoins left to be mined, the process is becoming slower and more challenging.
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