Only 2.5 million Bitcoin left to mine
But with Bitcoin demand on the rise, can we expect more scarcity? With only 21 million Bitcoin (BTC) to be issued, a little under 2.5 million BTC remains for mining.In a tweet, ChartBTC said the Bitcoin network already passed the 18.5 million BTC mark in circulation. This means there is less than 2.5 million BTC left, or about 11.9% of the total Bitcoin to be generated.ChartBTC pointed out half of the remaining 2.5 million BTC will be mined in the next four years. Since the genesis block back in 2009, the Bitcoin network has already undergone three halvings, with the third halving taking....
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This past April, records show that 19 million bitcoins have been mined into existence and 133 days later, there are 1.88 million bitcoins left to mint today. The network’s block subsidy halving is expected to occur on or around April 20, 2024, as there are less than 91,000 bitcoins left to mine until that point. While Bitcoin’s inflation rate per annum is 1.73% today, after the halving in 2024, the crypto asset’s yearly inflation rate will be down to 1.1%.
The Institute of Mathematics: ‘Bitcoin Can Only Function Because of the Clever Mathematics Which Is in....
The 19 millionth Bitcoin was mined, leaving just 2 million BTC to be mined over the next 100 years. The 19th millionth Bitcoin (BTC) was mined on Friday, a landmark occasion for the number one cryptocurrency. Nineteen million Bitcoin are now in circulation, with just 2 million Bitcoin yet to be minted (or mined) until roughly the year 2140. In block 730002, mined by SBI Crypto, the 19 millionth Bitcoin entered circulation. SBI Crypto earned 6.32 BTC, roughly $293,000 for the trouble in transaction fees and block reward. A momentous occasion, the Bitcoin community was quick to celebrate....
Bitcoin passed a historic benchmark on Friday with the issuance of 19 million coins. This means that there are only 2 million coins remaining for anyone interested in taking ownership of the most sought-after digital asset in the world. BTC is trading at $46,750 on Coingecko as of early Saturday evening, up 5.5% in the […]
Fresh data shows 90% of the total Bitcoin supply is mined, but the rest will take a little longer to produce. Total circulating Bitcoin (BTC) hit a significant milestone on Monday morning, one and a half years after the last Bitcoin halving, as 90% of the maximum total supply has been mined.Current data from Blockchain.com shows Bitcoin in circulation hit 18.899 million as of Monday, meaning only 10% of the total supply is left to mine. While the first 90% of BTC took about 12 years to mine, the rest will take a little longer. Bitcoin has a hard cap of 21 million coins set by its anonymous....
Yukon Gold Mine for Sale. Bit Premier, The Bitcoin Luxury Marketplace, has a profitable Gold Mine advertised for sale. The Gold mine is situated in Dawson City, Yukon. Canada and the price asked is 3,079.292 BTC. This is the first offering of its kind on the Bitcoin market and is a genuine opportunity for someone. The Mine comes complete with 1 Million dollars worth of mining equipment and sales of over 1 Million Dollars per annum. The advertisement states: The very first offering of its kind on the Bitcoin market; a proven, profitable gold mine located in the heart of Dawson City, Yukon,....