How much of the Bitcoin supply has been mined?

3 answers

• Mar 06, 2022 · 3 years ago
  As of now, approximately 18.5 million bitcoins have been mined out of the total supply of 21 million. This means that around 87.5% of the total supply has already been mined. The remaining 2.5 million bitcoins will be gradually mined over the next few decades, with the last bitcoin expected to be mined around the year 2140. It's important to note that the rate of mining decreases over time due to the halving events that occur approximately every four years, which reduces the number of new bitcoins created per block. This ensures a controlled and finite supply of bitcoins.
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• Mar 06, 2022 · 3 years ago
  Well, let me break it down for you. Out of the total 21 million bitcoins that will ever exist, around 18.5 million have already been mined. This means that about 87.5% of the total supply has been extracted by miners. The remaining 2.5 million bitcoins will be mined gradually over the coming years. It's a slow and steady process, but it's designed to ensure that bitcoins are not created too quickly and maintain their scarcity and value.
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• Mar 06, 2022 · 3 years ago
  According to the latest data, around 18.5 million bitcoins have been mined so far, which accounts for approximately 87.5% of the total supply. The mining process involves solving complex mathematical problems to validate transactions and add them to the blockchain. As more bitcoins are mined, the difficulty of these problems increases, making it harder to mine new bitcoins. This ensures a steady and controlled release of new bitcoins into circulation. So, while there's still more to be mined, the rate at which new bitcoins are created will continue to slow down over time.
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