What is the total number of BTC that have been mined?

3 answers

• Dec 29, 2021 · 3 years ago
  Sure! As of today, the total number of Bitcoin (BTC) that have been mined is approximately 18.7 million. However, please note that the total supply of Bitcoin is capped at 21 million, so there are still a few million left to be mined. The mining process involves solving complex mathematical problems to validate transactions and add them to the blockchain. Miners are rewarded with newly minted Bitcoin for their efforts. Once all 21 million Bitcoins have been mined, no new Bitcoins will be created through mining.
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• Dec 29, 2021 · 3 years ago
  Well, the current total number of Bitcoin (BTC) that have been mined is around 18.7 million. It's quite fascinating how the supply is limited to 21 million. Bitcoin mining is the process of adding transaction records to Bitcoin's public ledger, the blockchain. Miners compete to solve complex mathematical problems, and the first one to find a solution gets rewarded with newly created Bitcoin. This process ensures the security and integrity of the Bitcoin network.
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• Dec 29, 2021 · 3 years ago
  According to the latest data, the total number of Bitcoin (BTC) that have been mined is approximately 18.7 million. It's worth noting that the rate of Bitcoin mining is designed to decrease over time, with the reward for mining a block halving every four years. This halving event, known as the 'Bitcoin halving,' helps control inflation and ensures that new Bitcoins are gradually introduced into circulation. Once all 21 million Bitcoins have been mined, the supply will be fixed, making Bitcoin a deflationary asset.
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