Market Cap: $2.7443T -3.620%
Volume(24h): $92.2038B 25.370%
Fear & Greed Index:

33 - Fear

  • Market Cap: $2.7443T -3.620%
  • Volume(24h): $92.2038B 25.370%
  • Fear & Greed Index:
  • Market Cap: $2.7443T -3.620%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top Cryptospedia

Select Language

Select Language

Select Currency

Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos

How many Bitcoins are in circulation?

As of June 29, 2023, the current supply of Bitcoin stands at approximately 19,285,796 BTC, with a finite supply capped at 21 million.

Sep 27, 2024 at 05:06 pm

How Many Bitcoins Are in Circulation?

  1. Origins of Bitcoin:

    • Bitcoin emerged in 2009 as a decentralized digital currency created by an anonymous individual or group known as Satoshi Nakamoto.
  2. Limited Supply:

    • A unique feature of Bitcoin is its finite supply. Satoshi Nakamoto programmed the Bitcoin protocol to limit the total number of bitcoins ever to be issued to 21 million.
  3. Current Supply (as of June 29, 2023):

    • According to data from CoinMarketCap, the current supply of Bitcoin is approximately 19,285,796 BTC.
  4. Minting Process:

    • New bitcoins are created through a process called "mining." Miners verify transactions on the Bitcoin network and receive newly minted bitcoins as a reward for their efforts.
  5. Halving Event:

    • The Bitcoin network undergoes a "halving event" approximately every four years. During this event, the block reward for miners is halved. The purpose of halving is to control the inflation rate and preserve the value of Bitcoin.
  6. Distribution of Bitcoins:

    • The distribution of bitcoins is not evenly dispersed. A small number of individuals and entities control a significant portion of the total supply.
  7. Impact of New Supply on Bitcoin's Value:

    • The finite supply of bitcoins is a key factor influencing its value. As the supply increases, it puts downward pressure on the price. Conversely, when new coins are introduced at a slower rate (post-halving), it can support price appreciation.
  8. Future Circulation:

    • The total circulation of bitcoins is expected to reach 21 million by 2040. After this point, no new bitcoins will enter circulation, further solidifying the currency's scarcity.

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!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Related knowledge

Bitcoin address registration and use guide

Bitcoin address registration and use guide

Mar 29,2025 at 02:21am

Understanding Bitcoin AddressesA Bitcoin address is essentially your unique identifier on the Bitcoin network. It's a string of alphanumeric characters, similar to an email address, but instead of receiving emails, it receives Bitcoin. Unlike bank accounts, you don't 'register' a Bitcoin address in a centralized system. Instead, it's generated by your ...

How to buy Bitcoin at a low price through the OTC market?

How to buy Bitcoin at a low price through the OTC market?

Mar 27,2025 at 08:56pm

Understanding the OTC Market for BitcoinThe over-the-counter (OTC) market for Bitcoin offers a way to buy and sell large quantities of Bitcoin outside of traditional exchanges. This market is primarily used by institutional investors and high-net-worth individuals due to the significant transaction sizes involved. Unlike public exchanges, OTC trades ar...

How to get Bitcoin at a low price through contract trading?

How to get Bitcoin at a low price through contract trading?

Mar 27,2025 at 08:28pm

Understanding Bitcoin Contract TradingContract trading, specifically perpetual contracts, offers a unique way to potentially acquire Bitcoin at a lower price than the spot market. This isn't about directly buying Bitcoin; instead, you're speculating on its price movement. A successful trade allows you to profit, which can then be used to purchase Bitco...

How to find Bitcoin discounts or promotions?

How to find Bitcoin discounts or promotions?

Mar 28,2025 at 06:57am

Understanding the Landscape of Bitcoin DiscountsFinding 'discounts' on Bitcoin itself is a tricky concept. Bitcoin's price is determined by market forces of supply and demand, not by traditional retail-style promotions. However, there are ways to effectively acquire Bitcoin at a lower effective cost, which we can consider as a form of discount. These m...

How to buy Bitcoin at a low price with a credit card at a low cost?

How to buy Bitcoin at a low price with a credit card at a low cost?

Mar 28,2025 at 11:07am

Understanding the ChallengesBuying Bitcoin (BTC) at a low price using a credit card while minimizing fees is a common goal for cryptocurrency investors. However, several factors influence the final cost. Exchange fees, credit card processing fees, and the fluctuating Bitcoin price itself all play a significant role. Understanding these factors is cruci...

How to trade Bitcoin at a low cost through the Lightning Network?

How to trade Bitcoin at a low cost through the Lightning Network?

Mar 27,2025 at 06:21am

Understanding the Lightning Network's Role in Low-Cost Bitcoin TradingThe Lightning Network (LN) is a layer-2 scaling solution built on top of the Bitcoin blockchain. Its primary function is to enable near-instantaneous and extremely low-fee Bitcoin transactions. Unlike on-chain Bitcoin transactions, which record every transaction on the main blockchai...

Bitcoin address registration and use guide

Bitcoin address registration and use guide

Mar 29,2025 at 02:21am

Understanding Bitcoin AddressesA Bitcoin address is essentially your unique identifier on the Bitcoin network. It's a string of alphanumeric characters, similar to an email address, but instead of receiving emails, it receives Bitcoin. Unlike bank accounts, you don't 'register' a Bitcoin address in a centralized system. Instead, it's generated by your ...

How to buy Bitcoin at a low price through the OTC market?

How to buy Bitcoin at a low price through the OTC market?

Mar 27,2025 at 08:56pm

Understanding the OTC Market for BitcoinThe over-the-counter (OTC) market for Bitcoin offers a way to buy and sell large quantities of Bitcoin outside of traditional exchanges. This market is primarily used by institutional investors and high-net-worth individuals due to the significant transaction sizes involved. Unlike public exchanges, OTC trades ar...

How to get Bitcoin at a low price through contract trading?

How to get Bitcoin at a low price through contract trading?

Mar 27,2025 at 08:28pm

Understanding Bitcoin Contract TradingContract trading, specifically perpetual contracts, offers a unique way to potentially acquire Bitcoin at a lower price than the spot market. This isn't about directly buying Bitcoin; instead, you're speculating on its price movement. A successful trade allows you to profit, which can then be used to purchase Bitco...

How to find Bitcoin discounts or promotions?

How to find Bitcoin discounts or promotions?

Mar 28,2025 at 06:57am

Understanding the Landscape of Bitcoin DiscountsFinding 'discounts' on Bitcoin itself is a tricky concept. Bitcoin's price is determined by market forces of supply and demand, not by traditional retail-style promotions. However, there are ways to effectively acquire Bitcoin at a lower effective cost, which we can consider as a form of discount. These m...

How to buy Bitcoin at a low price with a credit card at a low cost?

How to buy Bitcoin at a low price with a credit card at a low cost?

Mar 28,2025 at 11:07am

Understanding the ChallengesBuying Bitcoin (BTC) at a low price using a credit card while minimizing fees is a common goal for cryptocurrency investors. However, several factors influence the final cost. Exchange fees, credit card processing fees, and the fluctuating Bitcoin price itself all play a significant role. Understanding these factors is cruci...

How to trade Bitcoin at a low cost through the Lightning Network?

How to trade Bitcoin at a low cost through the Lightning Network?

Mar 27,2025 at 06:21am

Understanding the Lightning Network's Role in Low-Cost Bitcoin TradingThe Lightning Network (LN) is a layer-2 scaling solution built on top of the Bitcoin blockchain. Its primary function is to enable near-instantaneous and extremely low-fee Bitcoin transactions. Unlike on-chain Bitcoin transactions, which record every transaction on the main blockchai...

See all articles

User not found or password invalid

Your input is correct