Bitcoin’s circulating supply has reached 95.24% of its total 21 million coin limit, highlighting growing scarcity as block rewards continue to decrease over time.
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Terms & Concepts
Bitcoin supply: The total number of Bitcoin that can exist, capped at 21 million by its protocol.
block reward: The amount of new Bitcoin given to miners for validating a block of transactions.
mining: The process of validating and securing blockchain transactions in exchange for newly minted cryptocurrency.