Bitcoin has mined 20 million coins: why the last of the remaining 1 million won’t arrive until 2140

Bitcoin reached a significant milestone by mining its 20 millionth coin this week, leaving only 1 million BTC remaining to be mined. Due to Bitcoin's programmed halving mechanism that reduces mining rewards every four years, the final coins won't be mined until approximately 2140.

• →Bitcoin has successfully mined 20 million coins out of its maximum supply of 21 million since launching in 2009.
• →Only 1 million Bitcoin remain to be mined over the next 116+ years due to decreasing block rewards.
• →The halving mechanism built into Bitcoin's protocol progressively reduces mining rewards every four years.
• →This milestone highlights Bitcoin's deflationary monetary policy and scarcity model.
• →The final Bitcoin is projected to be mined around the year 2140 based on current protocol parameters.