Cryptocurrency mining is a very popular topic that has captured the interest of many people around the world, from the most knowledgeable to the least knowledgeable about this topic. And in this field, without a doubt, Bitcoin is the most sought after digital currency due to its value.
In this way, the information indicates that 19 million bitcoins have been mined so far. However, it looks like I only have 2 million left of this coin.
19 million bitcoins have already been mined
It was on April 1st, and it's not a lie, that bitcoin made history by crossing the 19,000,000,000 coin bar mark. According to a blockchain analysis, this happened on block 730,034, and at 19:05 ET (00:00 hours in mainland Portugal) where the total amount of bitcoin in existence was 19,000,004.68 BTC.
But Satoshi Nakamoto, the creator of this digital currency, will have bitcoins limited to just 21 million units, and some estimates put that amount in fact slightly lower, at 20,999,817.31 BTC. As such, after this milestone, there are only about 2 million left to be mined, with 90% of all bitcoins available already in circulation.
The image below is the Bitcoin registration on the platform clarkmody.com Which represents 19 million mined on Friday, and as you can see right now, only 1,998,624.98 BTC still needs to be mined.
Therefore, we can conclude that digital currency is becoming increasingly scarce. It is estimated that the last bitcoins will be mined around the year 2140, when we will not be here to record the moment. Once all 21,000,000 digital coins have been mined, there will be no more to mine, as the Bitcoin token does not allow new coins after this limit is reached.
However, it must also be taken into account that many of these 19 million bitcoins are not being traded for various reasons, such as losing or not being able to access wallets by investors. There are also those who do not move their coins, as is the case with Nakamoto himself, whose bitcoins have been discontinued since 2010.
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