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⛓️ Crypto⚪ NeutralImportance 7/10
Bitcoin Supply Crosses 20 Million Milestone: How Long Will The Final 1 Million Take?
🤖AI Summary
Bitcoin has reached a significant milestone with 20 million coins now mined out of the total 21 million supply cap, achieved after 6,267 days since the network's inception. This leaves only 1 million Bitcoin remaining to be mined, marking 95.2% completion of the total supply issuance.
Key Takeaways
- →Bitcoin supply has reached 20 million coins mined, representing 95.2% of the total 21 million cap.
- →It took 6,267 days (approximately 17 years) to mine the first 20 million Bitcoin.
- →Only 1 million Bitcoin remain to be mined before reaching the hard cap of 21 million coins.
- →The remaining Bitcoin will take significantly longer to mine due to the halving mechanism reducing block rewards.
- →This milestone highlights Bitcoin's deflationary monetary policy and scarcity model.
Read Original →via Bitcoinist
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