95% of Bitcoin Mined – Full Circulation Expected by 2140

Current block rewards and supply trends indicate Bitcoin’s remaining 5% will be mined over the next century.

BTC

Summary

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Terms & Concepts
  • Bitcoin mining: The process of validating transactions and adding them to the blockchain while creating new bitcoins as rewards.
  • Block reward: The fixed amount of cryptocurrency miners receive for successfully adding a new block to the blockchain.
  • Bitcoin supply cap: The maximum limit of 21 million bitcoins that can ever be mined, set by the protocol.