Only 950,000 BTC remain to be issued, while the next halving is projected for April 13, 2028 and would cut the block reward to 1.5625 BTC.
Bitcoin’s circulating supply stands at 20.05 million BTC, equal to 95.47% of its fixed 21 million maximum, leaving about 950,000 BTC still to be issued over the coming decades. The remaining supply is expected to enter circulation gradually because Bitcoin’s halving schedule cuts block rewards in half every four years, slowing issuance over time and pushing the final coin’s expected mining date to around 2140. At present, miners receive about 3.125 BTC every 10 minutes in newly issued coins, alongside transaction fees. Binance said in a recent tweet and academy post that once the last Bitcoin is mined, miners will rely entirely on transaction fees rather than block rewards. The next halving is less than 100,000 blocks away; OKLink explorer puts the countdown at 90,995 blocks, or 631 days, with a projected date of April 13, 2028, when the block reward would fall to 1.5625 BTC.