What is the total supply of bitcoins available?

3 answers

• Basse TimmermannAug 15, 2023 · 2 years ago
  The total supply of bitcoins available is 21 million. This is a hard cap set by the Bitcoin protocol to ensure scarcity and prevent inflation. As of now, around 18.5 million bitcoins have been mined and are in circulation. The remaining bitcoins will be gradually released through the mining process until the year 2140, when the last bitcoin is expected to be mined.
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• mjj4884Apr 20, 2023 · 2 years ago
  There are currently 21 million bitcoins that can ever exist. This limit was set by the creator of Bitcoin, Satoshi Nakamoto, to create a digital currency with a finite supply. The supply of bitcoins is controlled by the mining process, where new bitcoins are created and awarded to miners as a reward for validating transactions and securing the network. So far, around 18.5 million bitcoins have been mined and are in circulation.
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• AvoJul 23, 2022 · 3 years ago
  According to the Bitcoin protocol, the total supply of bitcoins will never exceed 21 million. This limit ensures that bitcoins cannot be created out of thin air and maintains the integrity of the currency. As of now, around 18.5 million bitcoins have been mined and are in circulation. The remaining bitcoins will be gradually released over time, following a predetermined schedule. It's important to note that the total supply of bitcoins does not mean that all bitcoins are in circulation at once, as some may be lost or held by individuals or institutions.
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