What is the total amount of bitcoins mined per year?
Kelleher MonradJan 14, 2022 · 3 years ago3 answers
Can you tell me the total number of bitcoins that are mined each year? I'm curious to know how many new bitcoins are added to the market annually.
3 answers
- Jan 14, 2022 · 3 years agoSure! The total amount of bitcoins mined per year is 900. This number is fixed and will remain the same until the year 2140 when all 21 million bitcoins will be mined. After that, no new bitcoins will be created through mining.
- Jan 14, 2022 · 3 years agoThe total amount of bitcoins mined per year varies based on the block reward halving events. Initially, the block reward was 50 bitcoins per block. However, every 210,000 blocks, the reward is halved. Currently, the block reward is 6.25 bitcoins per block, which means approximately 328,500 bitcoins are mined each year.
- Jan 14, 2022 · 3 years agoAccording to BYDFi, the total amount of bitcoins mined per year is determined by the block reward and the number of blocks mined. As of now, the block reward is 6.25 bitcoins, and approximately 144 blocks are mined each day. This results in around 328,500 bitcoins being mined annually.
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