Market Cap: $2.9387T 0.250%
Volume(24h): $232.5732B -25.240%
Fear & Greed Index:

86 - Extreme Greed

Market Cap: $2.9387T 3.08%
Volume(24h): $232.5732B 3.08%
  • Market Cap: $2.9387T 0.250%
  • Volume(24h): $232.5732B -25.240%
  • Fear & Greed Index:
  • Market Cap: $2.9387T 0.250%

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How many BTCs are there?

Approximately 19.3 million Bitcoin (BTC) have been mined, leaving about 1.7 million BTC yet to be introduced.

Oct 07, 2024 at 06:12 pm

How Many BTCs Are There?

1. Total Supply:

The total supply of Bitcoin (BTC) is capped at 21 million coins. This limit was set by the creator of Bitcoin, Satoshi Nakamoto, and cannot be changed.

2. Circulating Supply:

As of February 2023, the circulating supply of BTC is approximately 19.3 million coins. This means that about 92% of all BTC has already been mined.

3. Mining Rate:

New BTC is created through a process called mining, which involves solving complex mathematical problems. The mining rate is the number of new BTC that are created each day. The mining rate is approximately halved every four years, which means that it becomes increasingly difficult to mine BTC over time.

4. Block Reward:

The block reward is the amount of BTC that is awarded to miners for successfully solving a block. The block reward is currently 6.25 BTC and it will continue to halve until the total supply of 21 million BTC is reached.

5. Halving Schedule:

The Bitcoin halving schedule determines when the block reward is halved. The halvings occur approximately every four years, with the next halving expected to occur in 2024.

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