What is the exact number of bitcoins that have been released into circulation?
Abraham AvilaMay 04, 2022 · 3 years ago3 answers
Can you tell me the precise number of bitcoins that have been released into circulation? I'm curious to know the exact figure and how it has changed over time.
3 answers
- Denisha NicoleFeb 26, 2022 · 3 years agoThe exact number of bitcoins that have been released into circulation is 18.7 million as of October 2021. This number is constantly increasing as new bitcoins are mined through the process of mining. The rate at which new bitcoins are created is halved approximately every four years in an event called the 'halving'. This ensures that the total supply of bitcoins will never exceed 21 million, making it a deflationary asset.
- Krause McMahonAug 12, 2020 · 5 years agoWell, the exact number of bitcoins in circulation is a moving target. As of now, there are around 18.7 million bitcoins that have been mined. However, this number is constantly changing as new bitcoins are being mined by miners. The rate at which new bitcoins are created is halved every four years, so the number of bitcoins in circulation will gradually approach the maximum limit of 21 million. It's a fascinating process to witness!
- Shubham HaldeOct 08, 2024 · 9 months agoAccording to my sources, the current number of bitcoins in circulation is approximately 18.7 million. However, please note that this information may vary slightly depending on the source you consult. The total supply of bitcoins is capped at 21 million, and the remaining bitcoins will be gradually released into circulation through the mining process. If you're interested in learning more about cryptocurrencies and their circulation, you can check out BYDFi's comprehensive guides on their website.
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