-
Bitcoin
63,884.41
3.06% -
Ethereum
2,545.99
5.52% -
Tether USDt
1.00
-0.01% -
BNB
574.32
2.58% -
Solana
148.40
7.18% -
USDC
0.9999
0.01% -
XRP
0.5904
0.80% -
Dogecoin
0.1069
2.59% -
Toncoin
5.76
0.44% -
TRON
0.1526
1.88% -
Cardano
0.3578
2.85% -
Avalanche
28.24
9.66% -
Shiba Inu
0.0...01441
3.36% -
Chainlink
11.58
4.57% -
Bitcoin Cash
341.62
-0.68% -
Polkadot
4.36
3.22% -
Dai
1.00
0.00% -
UNUS SED LEO
5.74
0.21% -
NEAR Protocol
4.42
-2.36% -
Litecoin
66.22
1.77% -
Kaspa
0.1706
-1.00% -
Uniswap
6.89
0.71% -
Artificial Superintelligence Alliance
1.57
3.72% -
Internet Computer
8.37
0.40% -
Sui
1.42
2.50% -
Pepe
0.0...08390
7.58% -
Aptos
6.92
9.05% -
Monero
178.12
4.21% -
Bittensor
421.63
12.26% -
POL (ex-MATIC)
0.4063
2.29%
How many Bitcoins are there in the world?
As of October 2023, the total number of Bitcoins in circulation is approximately 19.2 million, constituting 92% of the eventual supply limit of 21 million.
Aug 23, 2024 at 06:00 pm
How Many Bitcoins Are There in the World?
Overview:
Bitcoin, the pioneering cryptocurrency, has garnered immense attention and widespread adoption since its inception in 2009. As of October 2023, the total number of Bitcoins in circulation stands at approximately 19.2 million. This number represents a significant milestone, as it approaches the finite supply limit of 21 million Bitcoins.
Breakdown of Bitcoins:
- Circulating Supply: 19.2 million BTC
- Lost or Unrecoverable: Estimated 3.7 million BTC
- Remaining Supply: 1.8 million BTC
Factors Affecting Total Supply:
- Issuance Rate: New Bitcoins are created through the process of mining, subject to a fixed issuance schedule. The supply increases by approximately 900 BTC daily.
- Storage and Security: Given Bitcoin's irreversible transaction nature, lost or stolen coins are effectively removed from circulation.
- Mining Difficulty: The difficulty of mining new Bitcoins increases over time, slowing down the issuance rate and further limiting the supply.
Implications of Limited Supply:
- Scarcity: The finite supply of Bitcoins creates an inherent element of scarcity, potentially driving up their value.
- Deflationary Nature: As the number of new Bitcoins issued diminishes, the existing supply becomes more valuable over time.
- Store of Value: Bitcoin's limited supply has led some investors to view it as a potential alternative asset or store of value.
Future of Bitcoin Supply:
The total supply of Bitcoin is expected to reach 21 million around the year 2140. After this point, no new coins will be created, and the limited supply will become even more valuable.
Conclusion:
As of October 2023, the total number of Bitcoins in circulation is approximately 19.2 million. With a finite supply of 21 million, the scarcity of Bitcoin is a key factor driving its value and potential use as a store of value.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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