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Bitcoin network mines 20 million BTC with 1 million left to mine
The Bitcoin network has reached a major milestone, with the total number of mined coins surpassing 20 million BTC. This means that roughly 1 million BTC remain to be mined, which will gradually enter circulation over the next century. At current rates, about 450 BTC are mined each day. The issuance of new coins regularly declines due to the Bitcoin halving, which roughly every four years cuts miner rewards in half. The final Bitcoin is expected to be mined around 2140, Cointelegraph reported. Industry representatives say one of Bitcoin’s key features is its predictable issuance model. Elektron Energy CEO ... (full story)
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