HomeCoinsBitcoin (BTC)Only 2.5 million Bitcoin left to mine

Only 2.5 million Bitcoin left to mine

- Advertisement -

With only 21 million Bitcoin (BTC) to be issued, a little under 2.5 million BTC remains for mining.

In a tweet, ChartBTC said the Bitcoin network already passed the 18.5 million BTC mark in circulation. This means there is less than 2.5 million BTC left, or about 11.9% of the total Bitcoin to be generated.

ChartBTC pointed out half of the remaining 2.5 million BTC will be mined in the next four years. Since the genesis block back in 2009, the Bitcoin network has already undergone three halvings, with the third halving taking place in May this year. As the issuance of new coins is halved every four years, the last Bitcoin is not expected to be mined until 2140. No new Bitcoin can be mined after that year.

Source: ChartBTC 

Source: ChartBTC 

As Cointelegraph previously reported, a group of eight Crypto Valley experts thought the last halving was different from those in the past because more people are considering storing their life savings in BTC.

Since early 2020, institutional demand for Bitcoin had been steadily increasing. New survey data showed that institutional investors intend to increase their Bitcoin allocations regardless of short term dips in price. Through its investment in MicroStrategy, the world’s largest sovereign wealth fund now owns 577.6 BTC.



First published here

- Advertisement -
Mr Bitcointe
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
462FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,580FollowersFollow
2,230SubscribersSubscribe

Most Popular

bitcoin
Bitcoin (BTC) $ 23,021.17
ethereum
Ethereum (ETH) $ 1,690.70
tether
Tether (USDT) $ 1.00
bitcoin-cash
Bitcoin Cash (BCH) $ 133.85
litecoin
Litecoin (LTC) $ 58.72
eos
EOS (EOS) $ 1.18
okb
OKB (OKB) $ 17.96
tezos
Tezos (XTZ) $ 1.78
leo-token
LEO Token (LEO) $ 4.82
cardano
Cardano (ADA) $ 0.512773
monero
Monero (XMR) $ 159.18
stellar
Stellar (XLM) $ 0.121318
chainlink
Chainlink (LINK) $ 8.41
huobi-token
Huobi (HT) $ 4.36
tron
TRON (TRX) $ 0.068778
usd-coin
USD Coin (USDC) $ 1.00
dash
Dash (DASH) $ 52.27
neo
NEO (NEO) $ 10.97
iota
IOTA (MIOTA) $ 0.329646
nem
NEM (XEM) $ 0.050005
zcash
Zcash (ZEC) $ 74.30
maker
Maker (MKR) $ 1,061.33
paxos-standard
Pax Dollar (USDP) $ 1.00
ethereum-classic
Ethereum Classic (ETC) $ 37.00
vechain
VeChain (VET) $ 0.029814
true-usd
TrueUSD (TUSD) $ 1.00
ftx-token
FTX (FTT) $ 29.55
kucoin-shares
KuCoin (KCS) $ 10.50
waves
Waves (WAVES) $ 5.82