What is the current amount of available bitcoin in circulation?
Sujit PandeyDec 19, 2021 · 3 years ago3 answers
Can you provide information on the current amount of bitcoin that is available in circulation? I am curious to know the total number of bitcoins that are currently in existence and actively being traded.
3 answers
- Dec 19, 2021 · 3 years agoThe current amount of bitcoin in circulation is approximately 18.7 million. This number represents the total number of bitcoins that have been mined and are available for trading. However, it's important to note that the total supply of bitcoin is capped at 21 million, which means that there are still a limited number of bitcoins left to be mined. As more bitcoins are mined, the available supply will gradually increase until it reaches the maximum cap of 21 million.
- Dec 19, 2021 · 3 years agoAs of now, there are around 18.7 million bitcoins in circulation. This number is constantly changing as new bitcoins are mined and added to the circulating supply. It's worth mentioning that the rate at which new bitcoins are created is halved approximately every four years through a process called halving. This ensures that the supply of bitcoins is limited and prevents inflation. So, while there are currently 18.7 million bitcoins in circulation, the total supply will eventually reach 21 million, after which no new bitcoins will be created.
- Dec 19, 2021 · 3 years agoAccording to the latest data, the current amount of bitcoin in circulation is approximately 18.7 million. This information is based on the blockchain, which is a public ledger that records all bitcoin transactions. The blockchain allows anyone to verify the total supply of bitcoin and track the movement of individual bitcoins. It's important to note that the availability of bitcoin in circulation is subject to change as new blocks are added to the blockchain through the process of mining. Therefore, the exact number of bitcoins in circulation may vary slightly from the reported figure.
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