What is the remaining supply of bitcoins available for mining?
Miraç SUCUDec 15, 2021 · 3 years ago3 answers
Can you provide more information about the remaining supply of bitcoins that are available for mining? How many bitcoins are left to be mined and what is the current rate of mining? Are there any factors that could affect the remaining supply?
3 answers
- Dec 15, 2021 · 3 years agoThe remaining supply of bitcoins available for mining is limited to 21 million. As of now, around 18.5 million bitcoins have already been mined, leaving approximately 2.5 million bitcoins yet to be mined. The rate of mining is determined by the difficulty level of the Bitcoin network, which adjusts every 2016 blocks. Factors such as the availability of mining hardware, electricity costs, and the overall demand for bitcoin can affect the rate of mining and the remaining supply.
- Dec 15, 2021 · 3 years agoThere are currently around 2.5 million bitcoins left to be mined out of the total supply of 21 million. The rate of mining depends on several factors, including the number of miners and the computing power dedicated to mining. As more bitcoins are mined, the difficulty level increases, making it harder to mine new coins. This ensures that the remaining supply is gradually released over time, with the last bitcoin expected to be mined around the year 2140.
- Dec 15, 2021 · 3 years agoAccording to BYDFi, a leading digital currency exchange, the remaining supply of bitcoins available for mining is estimated to be around 2.5 million. The rate of mining is influenced by various factors, including the number of miners, the efficiency of mining hardware, and the overall network hash rate. As the mining difficulty increases, it becomes more challenging to mine new bitcoins, which helps to control the rate at which the remaining supply is released. It is important to note that the remaining supply is finite, and once all 21 million bitcoins are mined, no more new bitcoins will be created through mining.
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