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⛓️ Crypto🟢 BullishImportance 7/10
Bitcoin’s mined supply hits 20 million milestone, leaving final 1 million BTC to be issued over next 114 years
🤖AI Summary
Bitcoin has reached the milestone of 20 million BTC mined out of its maximum 21 million supply cap. The remaining 1 million BTC will be gradually issued over the next 114 years through mining rewards, with the final satoshis expected around 2140.
Key Takeaways
- →Bitcoin has successfully mined 20 million BTC, representing 95.2% of its total capped supply.
- →Only 1 million BTC remains to be issued through mining rewards over the next century.
- →The final Bitcoin fractions will be measured in satoshis and completed around 2140.
- →This milestone highlights Bitcoin's deflationary monetary policy and scarcity mechanism.
- →Mining rewards will continue to decrease through halvings, extending the timeline for complete issuance.
Read Original →via The Block
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