Bitcoin has mined 20 million coins: why the last of the remaining 1 million won’t arrive until 2140 | Crypto Craft

  • Bitcoin has mined 20 million coins: why the last of the remaining 1 million won’t arrive until 2140

    From dnyuz.com

    On Monday, Bitcoin minted its 20 millionth coin, meaning that more than 95% of all coins have now been mined, leaving the total untapped supply at fewer than one million. The last coin is expected to be discovered in approximately 114 years. This milestone reinforces how economics of Bitcoin are different from traditional currency systems like the dollar, which allow governments to always print more money. This “hard money” aspect of Bitcoin has been one of its primary appeals since the first batch of 50 coins was first minted 17 years ago. “Having only one million Bitcoin left to be mined is a powerful ... (full story)

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