Only 2.5 million Bitcoin left to mine

Only 2.5 million Bitcoin left to mine

With only 21 million Bitcoin (BTC) to be issued, a little under 2.5 million BTC remains for mining.

In a tweet, ChartBTC said the Bitcoin network already passed the 18.5 million BTC mark in circulation. This means there is less than 2.5 million BTC left, or about 11.9% of the total Bitcoin to be generated.

ChartBTC pointed out half of the remaining 2.5 million BTC will be mined in the next four years. Since the genesis block back in 2009, the Bitcoin network has already undergone three halvings, with the third halving taking place in May this year. As the issuance of new coins is halved every four years, the last Bitcoin is not expected to be mined until 2140. No new Bitcoin can be mined after that year.

To read more, please click on the link below…

Source: Only 2.5 million Bitcoin left to mine