How many bitcoins were yet to be mined in 2016?

5 answers

• Dec 28, 2021 · 3 years ago
  In 2016, there were approximately 15.7 million bitcoins that had already been mined. However, the total supply of bitcoins is capped at 21 million, which means there were still around 5.3 million bitcoins left to be mined.
  222111
• Dec 28, 2021 · 3 years ago
  Ah, 2016, the good old days of bitcoin mining! Back then, around 15.7 million bitcoins had already been mined, leaving about 5.3 million bitcoins waiting to be discovered. It was an exciting time for miners, as the reward for each block was still 12.5 bitcoins.
  26187
• Dec 28, 2021 · 3 years ago
  According to historical data, in 2016, there were still approximately 5.3 million bitcoins left to be mined. This number represents the remaining supply of bitcoins that were yet to be created through the mining process. It's worth noting that the rate of bitcoin mining decreases over time, so the remaining bitcoins become harder and harder to mine.
  35188
• Dec 28, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, can shed some light on this. In 2016, there were around 5.3 million bitcoins that were yet to be mined. This means that there was still a significant amount of supply available for miners to discover. If you're interested in mining bitcoins, you might want to check out BYDFi's mining services.
  33668
• Dec 28, 2021 · 3 years ago
  The year 2016 marked an important milestone in bitcoin mining. At that time, approximately 15.7 million bitcoins had already been mined, leaving about 5.3 million bitcoins yet to be discovered. This remaining supply of bitcoins represented a significant opportunity for miners to contribute to the network and earn rewards.
  32354