What is the estimated total supply of Bitcoin?

3 answers

• Dec 19, 2021 · 3 years ago
  The estimated total supply of Bitcoin is 21 million coins. This limit was set by the creator of Bitcoin, Satoshi Nakamoto, to ensure scarcity and prevent inflation. As of now, around 18.5 million Bitcoins have been mined, leaving approximately 2.5 million yet to be mined. The rate at which new Bitcoins are created is halved approximately every four years through a process called halving. This means that the remaining Bitcoins will be gradually released over time, with the last Bitcoin expected to be mined around the year 2140.
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• Dec 19, 2021 · 3 years ago
  Bitcoin's estimated total supply is capped at 21 million coins. This limited supply is one of the reasons why Bitcoin is often referred to as digital gold. The scarcity of Bitcoin is designed to increase its value over time. Currently, more than 18.5 million Bitcoins have been mined, and the remaining supply is gradually being released through the mining process. This limited supply and increasing demand have contributed to the price appreciation of Bitcoin over the years.
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• Dec 19, 2021 · 3 years ago
  According to the latest data, the estimated total supply of Bitcoin is 21 million coins. This limit was implemented to create scarcity and ensure the long-term value of Bitcoin. As a decentralized digital currency, Bitcoin's supply is not controlled by any central authority or government. Instead, it is governed by a consensus algorithm and the rules embedded in the Bitcoin protocol. The gradual release of new Bitcoins through mining helps maintain the security and integrity of the network. It's important to note that the estimated total supply of Bitcoin is not expected to change unless there is a consensus among the Bitcoin community to modify the protocol.
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