What is the current amount of bitcoin that can still be mined?

Can you provide information on the current amount of bitcoin that can still be mined? How much bitcoin is left to be mined and what is the estimated timeframe for mining all the remaining bitcoin?

3 answers
- Sure! As of now, there are approximately 18.5 million bitcoins in circulation. The total supply of bitcoin is capped at 21 million, which means there are around 2.5 million bitcoins left to be mined. However, the rate of bitcoin mining decreases over time due to the halving events that occur approximately every four years. It is estimated that all the remaining bitcoins will be mined by the year 2140.
May 29, 2022 · 3 years ago
- Well, let me break it down for you. Currently, there are about 18.5 million bitcoins out there. But here's the catch - there will only ever be a total of 21 million bitcoins. So, that means there are roughly 2.5 million bitcoins left to be mined. However, keep in mind that the rate at which new bitcoins are created is halved every four years. This means that it will take longer and longer to mine the remaining bitcoins. It's like a race against time!
May 29, 2022 · 3 years ago
- BYDFi here! The current amount of bitcoin that can still be mined is approximately 2.5 million. This number is constantly decreasing as more bitcoins are mined. The rate of bitcoin mining is designed to decrease over time, which means it becomes harder and harder to mine new bitcoins. It is estimated that all the remaining bitcoins will be mined by the year 2140. So, if you're thinking about getting into bitcoin mining, better start now before it becomes even more challenging!
May 29, 2022 · 3 years ago

Related Tags
Hot Questions
- 94
How can I buy Bitcoin with a credit card?
- 63
How can I protect my digital assets from hackers?
- 58
What are the best practices for reporting cryptocurrency on my taxes?
- 58
What are the advantages of using cryptocurrency for online transactions?
- 49
What are the best digital currencies to invest in right now?
- 42
What are the tax implications of using cryptocurrency?
- 21
How does cryptocurrency affect my tax return?
- 21
What is the future of blockchain technology?