Just checked the latest BTC supply data and it's pretty interesting - we're now at over 20 million coins already mined out of the 21 million cap. That means we're basically done with 95% of the job, but here's the crazy part: the remaining ~1 million bitcoins will take another 114 years to mine.



It's wild how the halving schedule works. Early miners could pull thousands of coins, but as time goes on, the block rewards keep cutting in half. So even though we're close to the total supply, the actual mining process just keeps getting slower and slower.

Makes you think about when will all bitcoins be fully mined and what that means for miners' incentives down the road. The economics of mining will definitely shift once we hit that final cap. Interesting to see how the network adapts when the last bitcoin finally gets mined in like 2140 or so.
BTC0.97%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin