How many bitcoins existed in 2017?

3 answers

• Dec 06, 2021 · 3 years ago
  In 2017, the total number of bitcoins in circulation increased from approximately 16 million to around 17 million. This increase was due to the mining process, where new bitcoins are created and added to the circulating supply. It's important to note that the rate of bitcoin creation decreases over time, with a maximum supply of 21 million bitcoins expected to be reached in the future.
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• Dec 06, 2021 · 3 years ago
  Ah, 2017, the year of the bitcoin boom! During that year, the number of bitcoins in circulation grew by about 1 million. It's crazy to think about how much the cryptocurrency market has evolved since then. Who knows what the future holds for bitcoin?
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• Dec 06, 2021 · 3 years ago
  According to historical data, the total number of bitcoins in circulation in 2017 was around 16.8 million. This number represents the cumulative amount of bitcoins that had been mined up until that point. It's worth mentioning that the exact figure may vary slightly due to factors such as lost or unclaimed bitcoins, but it gives a good estimate of the overall supply at that time. If you're interested in learning more about bitcoin's supply and its impact on the market, I recommend checking out BYDFi's research on the topic.
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