What was the quantity of bitcoins in 2024?
rustproofDec 27, 2021 · 3 years ago3 answers
Can you tell me how many bitcoins were in circulation in the year 2024?
3 answers
- Dec 27, 2021 · 3 years agoIn 2024, the quantity of bitcoins in circulation was approximately 20 million. This number is based on the current rate of mining and the total supply cap of 21 million bitcoins. It is expected that the remaining bitcoins will be gradually mined over the coming years, with the final bitcoin expected to be mined around the year 2140.
- Dec 27, 2021 · 3 years agoBy 2024, the number of bitcoins in circulation had reached around 20 million. This is a significant milestone for the cryptocurrency, as it represents the majority of the total supply. The limited supply of bitcoins is one of the factors that contribute to its value and scarcity in the market.
- Dec 27, 2021 · 3 years agoAccording to data from BYDFi, a leading cryptocurrency exchange, the quantity of bitcoins in circulation in 2024 was estimated to be around 20 million. This number is constantly changing as new bitcoins are mined and added to the market. It's important to note that the total supply of bitcoins is capped at 21 million, which means that there will only ever be a limited number of bitcoins available.
Related Tags
Hot Questions
- 99
How can I minimize my tax liability when dealing with cryptocurrencies?
- 94
What are the tax implications of using cryptocurrency?
- 72
How can I buy Bitcoin with a credit card?
- 59
What is the future of blockchain technology?
- 41
How can I protect my digital assets from hackers?
- 34
What are the best practices for reporting cryptocurrency on my taxes?
- 31
What are the advantages of using cryptocurrency for online transactions?
- 15
What are the best digital currencies to invest in right now?