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BTC News: More than 95% of all bitcoin has already been mined, rest will take more than a century

CoinDesk
Over 95% of Bitcoin's 21 million supply is mined, with the remaining million coins expected to take another 114 years to mine.

Summary

Bitcoin is nearing the symbolic milestone of 20 million coins mined, representing over 95% of its fixed 21 million supply. Only about 3,000 BTC remain until this threshold is crossed, which is expected within a week at current issuance rates. The remaining 1 million coins will be mined slowly over the next century, with the final full bitcoin anticipated around 2105, and fractional issuance continuing until approximately 2140. This fixed cap, hard-coded by Satoshi Nakamoto, is foundational to Bitcoin's value proposition as 'hard money' due to its absolute scarcity, unlike fiat currencies. Issuance has slowed due to halvings, which reduce miner rewards every four years, pushing inflation below 1%. This milestone reinforces the scarcity narrative for supporters while underscoring the long-term shift for miners toward transaction fees as their sole revenue source.

(Source:CoinDesk)