How long will it take for Bitcoin to reach 21 million coins?

Can you provide an estimate of the time it will take for Bitcoin to reach its maximum supply of 21 million coins?

3 answers
- As an expert in the field, I can tell you that Bitcoin's maximum supply of 21 million coins is expected to be reached around the year 2140. This is based on the current rate of block rewards halving every four years. However, it's important to note that this estimate is subject to change depending on various factors such as mining difficulty and network adoption.
Mar 25, 2022 · 3 years ago
- Well, let me break it down for you. Bitcoin's current block reward is 6.25 coins, and it halves approximately every four years. So, if we do the math, it will take around 32 halvings to reach 21 million coins. Considering each halving occurs every four years, we can estimate that it will take about 128 years for Bitcoin to reach its maximum supply.
Mar 25, 2022 · 3 years ago
- According to BYDFi, a leading cryptocurrency exchange, Bitcoin is expected to reach its maximum supply of 21 million coins in approximately 120 years. This estimation is based on the current rate of block rewards halving every four years. However, it's important to keep in mind that this timeline is not set in stone and can be influenced by various factors in the cryptocurrency market.
Mar 25, 2022 · 3 years ago

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