Cryptocurrency Q&A
What is the current supply of bitcoin?
What is the current supply of bitcoin?
HanjiArtist
Sun Jul 07 2024
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6 answers
1424
Could you elaborate on the current supply situation of Bitcoin? I'm particularly interested in understanding how the total number of Bitcoins in circulation has evolved over time. Given the limited supply of 21 million Bitcoins, what percentage of that has already been mined? Also, is there any expected change in the mining rate that could affect the future supply? And how does this limited supply affect the value and demand for Bitcoin in the market? I'd appreciate a concise yet comprehensive overview of the current Bitcoin supply landscape.
6 answers
Margherita
Tue Jul 09 2024
The current issuance rate of Bitcoin (BTC) stands at 6.25 coins per approximately 10 minutes.
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CryptoLordGuard
Tue Jul 09 2024
This equates to an inflation rate of roughly 1.8%, which is significantly lower compared to traditional currencies.
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Michele
Tue Jul 09 2024
This scarcity of BTC makes it one of the rarest commodities on Earth, rivaling even the production of gold.
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Bianca
Mon Jul 08 2024
Since its inception in 2009, approximately 90% of the total supply of BTC has already been mined.
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Martino
Mon Jul 08 2024
The current circulating supply of bitcoin stands at approximately 18.95 million coins.
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