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90% Of The Total Bitcoin Supply Has Been Mined

90% of the total Bitcoin supply has been mined. It is stated that the mining of the remaining part will take until 2140.

Yazar: Eylem Özer

Yayınlanma: 14 Aralık 2021 19:29

Güncellenme: 8 Kasım 2024 15:13

90% Of The Total Bitcoin Supply Has Been Mined

90% of the total Bitcoin supply has been mined. It is stated that the mining of the remaining part will take until 2140.

According to data from Blockchain.com, 90 percent of the 21 million total supply of the leading cryptocurrency has been mined. As of this morning, 90 percent of the total supply has been mined. This means that the 18.89 million supply of Bitcoin is in circulation.

It Will Take Up To 2140 To Mine The Rest

It has been nearly 12 years since the first Bitcoin was issued on January 9, 2009. The remaining 2 million is expected to be mined by February 2140. On the other hand, not all Bitcoins ever mined are in circulation. According to cryptocurrency data analytics company Chainalysis, 3.7 million of Bitcoin's total supply has been lost. It is estimated that this may have occurred due to different reasons such as death of wallet owners, loss of wallet private key. On the other hand, it is possible to say that approximately 1 million Bitcoins belonging to the mysterious inventor of Bitcoin, Satoshi Nakamoto, have not been put into circulation since the day they were issued.
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