How much bitcoin has been mined so far?

Can you tell me the total amount of bitcoin that has been mined up until now?

3 answers
- Sure! As of now, approximately 18.5 million bitcoins have been mined. However, the total supply of bitcoin is capped at 21 million, so there are only around 2.5 million bitcoins left to be mined. The rate at which new bitcoins are created is halved approximately every four years through a process called halving. This ensures that the supply of bitcoin remains limited and helps to maintain its value over time.
Mar 08, 2022 · 3 years ago
- Well, the total amount of bitcoin that has been mined so far is quite impressive. It's around 18.5 million bitcoins! But here's the catch - there will only ever be 21 million bitcoins in existence. So, we're getting closer to the limit. Once all 21 million bitcoins have been mined, no more new bitcoins will be created. It's like a digital gold rush, but with a finite supply!
Mar 08, 2022 · 3 years ago
- According to the latest data, approximately 18.5 million bitcoins have been mined. However, it's important to note that the rate at which new bitcoins are mined is gradually decreasing. This is because of the halving process, which reduces the reward for miners by half every few years. So, while there are still some bitcoins left to be mined, the process is becoming slower and more challenging.
Mar 08, 2022 · 3 years ago
Related Tags
Hot Questions
- 98
How can I minimize my tax liability when dealing with cryptocurrencies?
- 84
How can I protect my digital assets from hackers?
- 80
What are the tax implications of using cryptocurrency?
- 62
Are there any special tax rules for crypto investors?
- 56
What are the best digital currencies to invest in right now?
- 50
What are the advantages of using cryptocurrency for online transactions?
- 44
How can I buy Bitcoin with a credit card?
- 28
What is the future of blockchain technology?