Bitcoin’s Mined Supply (coins created by mining) Reportedly Hits 20 Million

According to a brief “breaking” post, Bitcoin’s mined supply (coins created by mining) has reached 20 million, underscoring ongoing mining (validating blocks to earn rewards) issuance recorded on the blockchain (distributed public ledger).

Summary

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Terms & Concepts
  • Mined supply: The total number of coins created so far through mining (validating blocks to earn rewards).
  • Mining: The process where participants validate transactions and add blocks to earn newly issued coins.
  • Blockchain: A distributed public ledger that records transactions and coin issuance across the network.