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⛓️ Crypto NeutralImportance 7/10

95% of all Bitcoin is now mined — and it’s raising a new question about security

CryptoSlate|Oluwapelumi Adejumo|
95% of all Bitcoin is now mined — and it’s raising a new question about security
Image via CryptoSlate
🤖AI Summary

Bitcoin's circulating supply reached 20 million coins on March 9, marking 95% of the total 21 million BTC supply now mined. This milestone leaves fewer than 1 million coins remaining to be mined and raises concerns about Bitcoin's long-term security model as mining rewards diminish.

Key Takeaways
  • Bitcoin crossed the 95% mined threshold with 20 million coins now in circulation
  • Less than 1 million BTC remains to be mined before reaching the 21 million hard cap
  • The milestone was achieved at a specific block height on March 9
  • This development raises new questions about Bitcoin's future security model
  • The decreasing supply of new Bitcoin highlights the network's deflationary design
Mentioned Tokens
$BTC$70,781+4.3%
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