Alessandro
Mon Jul 15 2024
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7 answers
1574
How many newly mined bitcoins hit the market a day?
Inquiring minds often want to know the intricacies of the cryptocurrency world, and one question that frequently arises is: "How many newly mined bitcoins hit the market a day?" This query delves into the fundamental mechanics of the Bitcoin network, specifically its mining process and its effect on the supply of bitcoins. The answer to this question is crucial for investors, traders, and enthusiasts alike, as it provides a window into the economic dynamics of the Bitcoin economy. Given the finite supply of 21 million bitcoins, the rate at which new bitcoins are mined serves as a vital metric for gauging the long-term viability and sustainability of the cryptocurrency.
