Over 95% of Total Bitcoin Supply Now Mined

Only less than 5% of BTC remains to be mined, raising potential scarcity concerns among cryptocurrency investors.

BTC

Summary

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Terms & Concepts
  • Bitcoin Mining: The process of validating transactions and securing the Bitcoin network using computational power, which also releases new BTC into circulation.
  • BTC Supply: The total number of Bitcoin tokens that exist, capped at 21 million by design.
  • Supply Squeeze: A market condition where available supply is low relative to demand, potentially driving prices upward.