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⛓️ Crypto⚪ NeutralImportance 7/10
Bitcoin Hit a Major Milestone—Most Miners Won't Be Around for the Next One
2 images via Decrypt – AI
🤖AI Summary
Bitcoin has reached the milestone of 20 million coins mined, leaving only 1 million BTC remaining to be mined. The article suggests that current miners may not be operational when the final Bitcoin is mined, highlighting the long-term nature of Bitcoin's mining completion.
Key Takeaways
- →Bitcoin has successfully mined 20 million coins, representing 95% of its total supply.
- →Only 1 million Bitcoin remain to be mined before reaching the 21 million cap.
- →Current mining operations may not survive until the final Bitcoin is mined.
- →This milestone highlights Bitcoin's deflationary design and scarcity model.
- →The mining industry faces long-term sustainability challenges as rewards diminish.
Read Original →via Decrypt – AI
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