What is the total supply of bitcoins in existence today?
John VenpinDec 17, 2021 · 3 years ago3 answers
Can you please provide me with the current total supply of bitcoins?
3 answers
- Dec 17, 2021 · 3 years agoSure! As of today, the total supply of bitcoins in existence is approximately 18.7 million. However, please note that the total supply is capped at 21 million, which means there are still a few million bitcoins left to be mined. 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 helps maintain its scarcity and value.
- Dec 17, 2021 · 3 years agoThe current total supply of bitcoins is around 18.7 million. It's important to understand that the supply is limited to 21 million, and the remaining bitcoins will be gradually released through mining until the cap is reached. This scarcity is one of the factors that contribute to the value of bitcoins. As the supply becomes more limited, the demand and value tend to increase.
- Dec 17, 2021 · 3 years agoAccording to the latest data, the total supply of bitcoins in existence today is approximately 18.7 million. It's worth mentioning that the total supply is fixed at 21 million, and the remaining bitcoins will be gradually released over time. This controlled supply is one of the key features of bitcoin and helps maintain its value. As the supply approaches its limit, the mining rewards decrease, making it more challenging to obtain new bitcoins.
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