I'm curious, how many Bitcoins have been mined and are currently circulating in the world? I've heard that there's a finite supply of Bitcoins, but I'm not sure exactly how many that is. Could you please elaborate on this and provide me with a clear understanding of the current total number of Bitcoins in existence?
6 answers
Elena
Thu Aug 08 2024
The Bitcoin mining process is a competitive endeavor, with a new winner emerging roughly every 10 minutes.
CryptoLord
Wed Aug 07 2024
BTCC, a prominent UK-based cryptocurrency exchange, offers a range of services tailored to the needs of traders and investors. These include spot trading, futures contracts, and secure wallet solutions.
JejuSunrise
Wed Aug 07 2024
This process of discovering new blocks and receiving Bitcoin rewards will persist until the total number of Bitcoins in existence reaches 21 million.
Caterina
Wed Aug 07 2024
Once this milestone is achieved, no additional Bitcoins will be generated, marking the end of the inflationary period for this digital asset.
Ilaria
Wed Aug 07 2024
The Bitcoin network is designed to adjust the difficulty of mining over time to ensure a stable rate of block production.