What is the current unit count of Bitcoin?
AYUSH KUMAR GUPTADec 17, 2021 · 3 years ago3 answers
Can you tell me the current unit count of Bitcoin? I'm curious about how many Bitcoins are currently in circulation and how many more can be mined. I want to understand the total supply of Bitcoin and how it affects its value.
3 answers
- Dec 17, 2021 · 3 years agoThe current unit count of Bitcoin is approximately 18.7 million. However, please note that this number is constantly changing as new Bitcoins are mined and added to circulation. The total supply of Bitcoin is capped at 21 million, which means there are only a limited number of Bitcoins that can ever exist. This scarcity is one of the factors that contribute to Bitcoin's value.
- Dec 17, 2021 · 3 years agoAs of now, there are around 18.7 million Bitcoins in circulation. This number represents the total number of Bitcoins that have been mined since its inception. Bitcoin has a finite supply, with a maximum limit of 21 million coins. The remaining Bitcoins will be gradually mined over time, with the last Bitcoin expected to be mined in the year 2140. The limited supply of Bitcoin is one of the reasons why it is considered a store of value and a hedge against inflation.
- Dec 17, 2021 · 3 years agoThe current unit count of Bitcoin is approximately 18.7 million, with a maximum supply of 21 million. This means that there are still around 2.3 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 is limited and that it becomes increasingly difficult to mine new coins over time. As a result, Bitcoin's scarcity and limited supply contribute to its value as a digital asset.
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