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How many bitcoins are still available for mining?

avatarRobert MilanDec 17, 2021 · 3 years ago5 answers

Can you tell me how many bitcoins are still available for mining? I'm curious about the current supply of bitcoins and how many more can be mined in the future.

How many bitcoins are still available for mining?

5 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure! As of now, there are approximately 18.5 million bitcoins in circulation. The total supply of bitcoins is capped at 21 million, which means there are still around 2.5 million bitcoins left to be mined. However, the rate at which new bitcoins are created is halved approximately every four years through a process called the halving. This means that the remaining bitcoins will be mined at a decreasing rate over time.
  • avatarDec 17, 2021 · 3 years ago
    Well, let me break it down for you. Currently, there are about 18.5 million bitcoins that have been mined. The total supply of bitcoins is fixed at 21 million, so there are roughly 2.5 million bitcoins left to be mined. However, it's important to note that the rate of mining is not constant. It becomes more difficult to mine new bitcoins over time, which means that the remaining bitcoins will be harder and harder to obtain.
  • avatarDec 17, 2021 · 3 years ago
    According to the latest data, there are approximately 18.5 million bitcoins in circulation. The total supply of bitcoins is limited to 21 million, so there are still around 2.5 million bitcoins that can be mined. However, it's worth mentioning that the rate of mining is decreasing over time due to the halving process. This means that the remaining bitcoins will be mined at a slower pace compared to the early days of bitcoin mining.
  • avatarDec 17, 2021 · 3 years ago
    BYDFi can provide you with the most accurate information on this topic. According to our research, there are currently around 18.5 million bitcoins in circulation. The total supply of bitcoins is capped at 21 million, leaving approximately 2.5 million bitcoins that can still be mined. However, it's important to note that the rate of mining is decreasing over time, so the remaining bitcoins will be mined at a slower pace.
  • avatarDec 17, 2021 · 3 years ago
    Well, it's a bit complicated, but I'll try to explain it in simple terms. Currently, there are about 18.5 million bitcoins that have been mined. The total supply of bitcoins is fixed at 21 million, so there are roughly 2.5 million bitcoins left to be mined. However, the rate at which new bitcoins are created is reduced over time, which means that it will take longer and longer to mine the remaining bitcoins. So, while there are still bitcoins available for mining, it's becoming increasingly challenging to obtain them.