What is the remaining supply of bitcoins?

3 answers

• Dec 24, 2021 · 3 years ago
  The remaining supply of bitcoins refers to the number of bitcoins that are yet to be mined. Bitcoin has a limited supply of 21 million coins, and the remaining supply represents the number of coins that have not been mined yet. The remaining supply is determined by the Bitcoin mining process, which involves solving complex mathematical problems to validate transactions and add them to the blockchain. As more bitcoins are mined, the remaining supply decreases, and it becomes harder and more resource-intensive to mine new coins.
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• Dec 24, 2021 · 3 years ago
  The remaining supply of bitcoins is a crucial aspect of the Bitcoin ecosystem. It ensures that there is a scarcity value associated with bitcoins, similar to precious metals like gold. The limited supply also helps to maintain the value of bitcoins over time. As the remaining supply decreases, the demand for bitcoins may increase, leading to potential price appreciation. This scarcity factor is one of the reasons why many people consider bitcoin as a store of value.
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• Dec 24, 2021 · 3 years ago
  The remaining supply of bitcoins is constantly changing as new blocks are mined and new bitcoins are created. Currently, there are approximately 18.7 million bitcoins in circulation, which means that there are around 2.3 million bitcoins remaining to be mined. It is estimated that the last bitcoin will be mined around the year 2140. After that, no new bitcoins will be created, and the remaining supply will be fixed at 21 million. This limited supply is one of the key features that make bitcoin unique and valuable.
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