What is the remaining supply of bitcoins that can be mined?

5 answers

• AzeeSep 07, 2020 · 5 years ago
  The remaining supply of bitcoins that can be mined is 2.1 million. This is because the total supply of bitcoins is capped at 21 million. As of now, around 18.9 million bitcoins have already been mined. The remaining bitcoins will be gradually mined over time until the year 2140, when the last bitcoin is expected to be mined. The rate at which bitcoins are mined is halved approximately every four years through a process called the Bitcoin Halving. This means that the remaining bitcoins will be mined at a slower pace compared to the earlier years of bitcoin mining.
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• Toneop healthJul 16, 2024 · a year ago
  Well, let me break it down for you. The remaining supply of bitcoins that can be mined is 2.1 million. You see, bitcoin has a limited supply of 21 million coins. So far, around 18.9 million bitcoins have been mined. That means there are only 2.1 million bitcoins left to be mined. But here's the catch - the rate at which new bitcoins are created is halved every four years. This means that the remaining bitcoins will be mined at a slower pace. It's like a race against time to mine the remaining bitcoins before the supply runs out.
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• Duyên LêNov 09, 2022 · 3 years ago
  According to BYDFi, the remaining supply of bitcoins that can be mined is approximately 2.1 million. This is because bitcoin has a fixed supply of 21 million coins, and around 18.9 million bitcoins have already been mined. The remaining bitcoins will be gradually mined over time through a process called mining. The mining process involves solving complex mathematical problems to validate transactions and add them to the blockchain. As the mining difficulty increases, it becomes harder to mine new bitcoins. This ensures that the supply of bitcoins is limited and prevents inflation.
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• SherryJun 28, 2022 · 3 years ago
  The remaining supply of bitcoins that can be mined is 2.1 million. This number is based on the fact that the total supply of bitcoins is capped at 21 million. As of now, around 18.9 million bitcoins have been mined, leaving 2.1 million bitcoins yet to be mined. The process of mining bitcoins involves using powerful computers to solve complex mathematical problems. Miners are rewarded with newly minted bitcoins for their computational efforts. However, as time goes on, the difficulty of mining increases, making it harder to mine new bitcoins. This ensures that the remaining supply of bitcoins is released at a controlled and predictable rate.
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• Esha RajpootJun 07, 2021 · 4 years ago
  The remaining supply of bitcoins that can be mined is 2.1 million. This is because bitcoin has a limited supply of 21 million coins. Currently, around 18.9 million bitcoins have been mined, leaving 2.1 million bitcoins yet to be mined. The rate at which new bitcoins are created is halved approximately every four years through a process called the Bitcoin Halving. This means that the remaining bitcoins will be mined at a slower pace compared to the earlier years of bitcoin mining. It is estimated that the last bitcoin will be mined in the year 2140.
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