How Many Bitcoin Are There?
The total supply of Bitcoin is capped at 21 million. This limit is hardcoded into Bitcoin’s protocol, ensuring scarcity.
Currently, around 19.94 million Bitcoin have already been mined. The remaining Bitcoin will be gradually released over time through mining rewards.
Bitcoin ETFs now hold a significant portion of the circulating supply. Strategy, among other companies, continues to increase its Bitcoin holdings.
The market capitalization of Bitcoin is calculated by multiplying its price by the circulating supply.
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The scarcity of Bitcoin is a key feature that distinguishes it from traditional fiat currencies, which can be printed at will by central banks; This fixed supply is intended to protect against inflation and maintain its value over time.
While the total supply is 21 million, the actual number of usable Bitcoin may be less. Some Bitcoin have been lost due to forgotten private keys or inaccessible wallets. These “lost” coins are effectively removed from circulation, further increasing the scarcity of the remaining supply.
The final Bitcoin is expected to be mined around the year 2140. After that, miners will only earn transaction fees for validating transactions on the blockchain.
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