Sometime between March 9 and 10, it’s expected that the 20 millionth BTC will be mined.
Roughly 1 million BTC will be left, estimated to be mined over the following 100 years.
Every four years, the reward miners get for adding a new block gets cut in half.
Bitcoin is about to hit a huge supply milestone. Sometime between March 9 and 10, it’s expected that the 20 millionth BTC will be mined, a huge moment in the network’s history. This means more than 95% of all the Bitcoin that will ever exist is already in circulation.
The cryptocurrency’s supply is permanently capped at 21 million coins, a rule embedded in the protocol by its creator, Satoshi Nakamoto.
Roughly 1 million BTC will be left, and that’s estimated to be mined over the following 100 years, while it took around 17 years to mine the first 20 million BTC.
The reason it’ll take so long is beca…
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