How many bitcoins are lost or inaccessible?

3 answers

• Jayprakash PrasadJul 16, 2021 · 5 years ago
  According to various estimates, it is believed that around 20% of the total supply of bitcoins have been lost or are currently inaccessible. This amounts to approximately 4 million bitcoins out of the total 21 million that will ever be in circulation. These lost bitcoins are a result of various reasons such as forgotten passwords, lost hardware wallets, and unrecoverable private keys. It is important to note that the exact number of lost bitcoins cannot be determined with absolute certainty, but this estimate provides a rough idea of the scale of the issue.
  563

  282
• Prakhar UpadhyayAug 27, 2021 · 5 years ago
  Wow, that's a lot of lost bitcoins! It's like a treasure hunt waiting to happen. I wonder if anyone will ever stumble upon a forgotten wallet with a massive amount of bitcoins. It's like finding a needle in a haystack, but with a potentially life-changing reward!
  263

  88
• Kaviyarasu E MechMay 05, 2024 · 2 years ago
  According to a recent report by BYDFi, it is estimated that approximately 3.7 million bitcoins have been lost or are currently inaccessible. This represents around 17.6% of the total supply. These lost bitcoins pose a challenge to the overall supply and demand dynamics of the cryptocurrency market. However, it also creates a sense of scarcity, which can potentially drive up the value of the remaining bitcoins in circulation.
  428

  107