Market Cap: $2.6639T -6.17%
Volume(24h): $183.6111B 9.70%
Fear & Greed Index:

26 - Fear

  • Market Cap: $2.6639T -6.17%
  • Volume(24h): $183.6111B 9.70%
  • Fear & Greed Index:
  • Market Cap: $2.6639T -6.17%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top Cryptospedia

Select Language

Select Language

Select Currency

Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos

How many BTCs are there?

Approximately 19.3 million Bitcoin (BTC) have been mined, leaving about 1.7 million BTC yet to be introduced.

Oct 07, 2024 at 06:12 pm

How Many BTCs Are There?1. Total Supply:

The total supply of Bitcoin (BTC) is capped at 21 million coins. This limit was set by the creator of Bitcoin, Satoshi Nakamoto, and cannot be changed.

2. Circulating Supply:

As of February 2023, the circulating supply of BTC is approximately 19.3 million coins. This means that about 92% of all BTC has already been mined.

3. Mining Rate:

New BTC is created through a process called mining, which involves solving complex mathematical problems. The mining rate is the number of new BTC that are created each day. The mining rate is approximately halved every four years, which means that it becomes increasingly difficult to mine BTC over time.

4. Block Reward:

The block reward is the amount of BTC that is awarded to miners for successfully solving a block. The block reward is currently 6.25 BTC and it will continue to halve until the total supply of 21 million BTC is reached.

5. Halving Schedule:

The Bitcoin halving schedule determines when the block reward is halved. The halvings occur approximately every four years, with the next halving expected to occur in 2024.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Related knowledge

See all articles

User not found or password invalid

Your input is correct