How many bitcoins will be left after all the halvings?
RITVAN RITESH PARTAP SINGHDec 28, 2021 · 3 years ago3 answers
After all the halvings, how many bitcoins will remain in circulation?
3 answers
- Dec 28, 2021 · 3 years agoAfter all the halvings, the total supply of bitcoins will be capped at 21 million. This means that once all the halvings have occurred, there will be no more new bitcoins created. However, it's important to note that not all of the 21 million bitcoins will be in circulation at that time. Some bitcoins may be lost or held by individuals or organizations. The exact number of bitcoins in circulation after all the halvings will depend on various factors, including the rate of adoption and usage of bitcoin.
- Dec 28, 2021 · 3 years agoSo, let me break it down for you. The bitcoin halving is an event that occurs approximately every four years, where the number of new bitcoins created and earned by miners is cut in half. This is done to control the inflation rate of bitcoin and ensure its scarcity. After all the halvings, the total supply of bitcoins will be limited to 21 million. However, not all of these bitcoins will be in circulation. Some may be lost, some may be held by investors, and some may be locked up in wallets or exchanges. The exact number of bitcoins in circulation after all the halvings will depend on various factors, such as the rate of adoption and the demand for bitcoin.
- Dec 28, 2021 · 3 years agoAccording to BYDFi, a leading cryptocurrency exchange, after all the halvings, the total supply of bitcoins will be capped at 21 million. This means that there will be no more new bitcoins created. However, it's important to note that not all of these bitcoins will be in circulation. Some may be lost or held by individuals or organizations. The exact number of bitcoins in circulation after all the halvings will depend on various factors, including the rate of adoption and usage of bitcoin. So, while the total supply is fixed, the actual number of bitcoins in circulation may be lower.
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