There is Only 11.9% of Bitcoin Left to Mine

There is Only 11.9% of Bitcoin Left to Mine

By author_nan | News | 29 Sep 2020


The Bitcoin (BTC) network has only roughly 11.9% BTC left to mine, or about 2.5 million Bitcoin, according to market analyst ChartsBTC, who tweeted about the milestone on September 27.

  • 18.5 million BTC out of the total 21 million supply is currently in circulation
  • Half of the 2.5 million BTC left to mine is expected to be mined by 2024, which is when the next halving will occur
  • All BTC will be mined by the year 2140
  • Bitcoin has been performing well in general, with the asset staying above $10,000 for its longest streak yet, while the DeFi market sees more tokenized Bitcoin
  • The number of cryptocurrency users has also tripled since 2018, according to a study by the Cambridge Centre for Alternative Finance

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