What is the total supply of bitcoins available at the moment?
Naidu GiirdharJul 21, 2023 · 2 years ago3 answers
Can you provide information on the current total supply of bitcoins?
3 answers
- Tom BrovenderApr 25, 2022 · 4 years agoThe total supply of bitcoins available at the moment is 21 million. This limit was set by the creator of bitcoin, Satoshi Nakamoto, to ensure scarcity and prevent inflation. As of now, a significant portion of the total supply has already been mined, and the remaining bitcoins will be gradually released through the mining process. It's important to note that the total supply of bitcoins will never exceed 21 million, making it a deflationary asset.
- Joseph ReidApr 20, 2021 · 5 years agoAt present, the total supply of bitcoins is fixed at 21 million. This means that once all 21 million bitcoins have been mined, no more bitcoins will ever be created. This limited supply is one of the factors that contribute to the value and scarcity of bitcoin. Currently, a large portion of the total supply has already been mined, and the rate of new bitcoin creation is gradually decreasing over time. It is estimated that the last bitcoin will be mined in the year 2140.
- Dhanish M KOct 04, 2021 · 4 years agoAccording to the latest data, the total supply of bitcoins available at the moment is 21 million. This number represents the maximum number of bitcoins that will ever exist. The supply is controlled by the bitcoin protocol and cannot be changed. As of now, a significant portion of the total supply has already been mined, and the remaining bitcoins will be gradually released through the mining process. It's worth noting that the total supply of bitcoins is finite, which adds to its appeal as a store of value and hedge against traditional fiat currencies.
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