Bitcoin Supply Nears Its Limit: Less Than 6% Left to Mine!


Bitcoin Supply Nears Its Limit: Less Than 6% Left to Mine!

Total BTC Supply is Capped at 21 Million:

So far, 94.25% (19.78 million BTC) has already been mined. The remaining 6% will be gradually distributed over several decades, as per the algorithm.

Why is Bitcoin Valuable?
Its limited supply protects against inflation, a persistent issue for traditional currencies. This scarcity is a key factor that makes BTC appealing to investors.

What is Halving?
The mining reward is halved every four years. Currently, miners receive 3.125 BTC per block, slowing down the release of new coins and increasing scarcity.

How Many Bitcoins Are Unavailable?
Approximately 1.6 million BTC are permanently lost due to forgotten keys and other factors. Additionally, nearly 1 million BTC are held by its creator, Satoshi Nakamoto. In reality, only about 18.4 million BTC are accessible.

Who Owns Bitcoin?
The major holders of BTC include investment funds, crypto exchanges, and governments. Many coins are "frozen" by long-term holders, leaving just 14.7 million BTC in active circulation.

Interesting Fact:
MicroStrategy is the largest public holder of BTC, owning 423,650 coins purchased for $25.6 billion.