At what rate is bitcoin being mined and when will it be fully mined?

3 answers

• Dec 18, 2021 · 3 years ago
  Bitcoin is being mined at a rate of approximately 6.25 bitcoins every 10 minutes. This rate is halved approximately every four years through a process known as the halving. As for when it will be fully mined, the total supply of bitcoin is capped at 21 million coins. It is estimated that the last bitcoin will be mined around the year 2140.
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• Dec 18, 2021 · 3 years ago
  The rate at which bitcoin is being mined is determined by the difficulty level of the mining process. As more miners join the network, the difficulty increases, which slows down the rate of mining. This is done to ensure that new bitcoins are not created too quickly. As for when it will be fully mined, it is expected to happen in the year 2140 when the last bitcoin is mined.
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• Dec 18, 2021 · 3 years ago
  According to the current rate of mining, approximately 900 new bitcoins are mined each day. This number is subject to change as the difficulty level adjusts. As for when it will be fully mined, it is estimated that around 99% of all bitcoins will be mined by the year 2032. However, it will take much longer to mine the remaining 1% due to the decreasing block reward and the increasing difficulty level.
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