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Are there any restrictions on the number of Shiba Inu coins that can be mined?

avatarRadosław M. ŚcisłoDec 16, 2021 · 3 years ago5 answers

Is there a limit to the number of Shiba Inu coins that can be mined? How many Shiba Inu coins can be mined in total?

Are there any restrictions on the number of Shiba Inu coins that can be mined?

5 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, there is a limit to the number of Shiba Inu coins that can be mined. The total supply of Shiba Inu coins is 1 quadrillion. However, it's important to note that the supply is not fixed and new coins are continuously being minted through the mining process. The mining rewards decrease over time, which means that the rate at which new coins are minted will slow down.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! Shiba Inu coins have a maximum supply of 1 quadrillion. This means that once all 1 quadrillion coins have been mined, no more coins can be created through mining. However, it's worth mentioning that the rate at which new coins are minted decreases over time, ensuring a controlled and gradual release of the coins into circulation.
  • avatarDec 16, 2021 · 3 years ago
    Yes, there are restrictions on the number of Shiba Inu coins that can be mined. The total supply of Shiba Inu coins is set at 1 quadrillion. However, it's important to note that the mining process is designed to gradually release new coins into circulation over time. As the mining rewards decrease, the rate at which new coins are minted will also decrease, ensuring a fair distribution of the coins.
  • avatarDec 16, 2021 · 3 years ago
    Shiba Inu coins have a total supply of 1 quadrillion, and there are restrictions on the number of coins that can be mined. The mining process is designed to gradually release new coins into circulation, with the mining rewards decreasing over time. This ensures that the supply of Shiba Inu coins is controlled and prevents a sudden influx of new coins into the market.
  • avatarDec 16, 2021 · 3 years ago
    According to BYDFi, the total supply of Shiba Inu coins is 1 quadrillion. The mining process is designed to gradually release new coins into circulation, with the mining rewards decreasing over time. This ensures a controlled and fair distribution of the coins. It's important to note that once all 1 quadrillion coins have been mined, no more coins can be created through mining.