Cryptocurrency Q&A
Is there still Bitcoin to dig now?
Is there still Bitcoin to dig now?
ethan_carter_engineer
Wed Dec 25 2024
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7 answers
1713
I'm wondering if Bitcoin mining is still profitable or even possible at this point. With so many miners already active, I'm curious if there's still Bitcoin left to be mined.
7 answers
Martino
Fri Dec 27 2024
On February 1, 2024, the total number of Bitcoin (BTC) mined approached a significant milestone.
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CryptoPioneer
Thu Dec 26 2024
Specifically, approximately 19.62 million BTCs have been extracted from the total supply cap of 21 million.
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Isabella
Thu Dec 26 2024
To manage the scarcity and distribution of BTC, a mechanism known as Halving is implemented.
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MountFujiMysticalView
Thu Dec 26 2024
Every 210,000 blocks, which approximately equates to four years, the Halving event occurs. This process cuts the reward for mining a block in half, gradually slowing down the production of new Bitcoin.
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EchoPulse
Thu Dec 26 2024
This leaves roughly 1.38 million BTC still available for mining.
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