What is the total supply of BTC?

3 answers

• Aaradhya DeyAug 19, 2024 · a year ago
  The total supply of BTC refers to the maximum number of bitcoins that will ever exist. It is determined by the Bitcoin protocol and is limited to 21 million bitcoins. This limit was set by Satoshi Nakamoto, the creator of Bitcoin, to ensure scarcity and prevent inflation. Factors that can affect the total supply include lost or destroyed bitcoins, as well as changes to the Bitcoin protocol that could potentially alter the supply limit.
  439

  220
• Mohammad Abdul HannanJun 15, 2021 · 4 years ago
  The total supply of BTC is fixed at 21 million bitcoins. This means that once all 21 million bitcoins have been mined, no new bitcoins will be created. Currently, around 18.5 million bitcoins have been mined, leaving approximately 2.5 million bitcoins yet to be mined. The rate at which new bitcoins are created is halved approximately every four years through a process called halving. This ensures a controlled and predictable supply of new bitcoins over time.
  462

  154
• Jay Ar PableoNov 09, 2022 · 3 years ago
  The total supply of BTC is capped at 21 million bitcoins. This limit ensures that BTC remains a deflationary currency, meaning its value is expected to increase over time due to scarcity. As of now, around 18.5 million bitcoins have been mined, leaving approximately 2.5 million bitcoins left to be mined. The remaining bitcoins will be gradually released into circulation through the mining process. This limited supply is one of the key factors that contribute to the value and demand for BTC.
  495

  124