Bitcoin Has Just Hit a Major Milestone — Here's Why

in btc •  3 years ago 

A total of 18.9 million BTC has now been discovered, with 2.1 million BTC left to find between now and 2140.

Bitcoin hit a big milestone on Monday — with 90% of the cryptocurrency's total supply now in circulation.
A total of 18.9 million BTC has now been discovered, with 2.1 million BTC left to find.
Getting your hands on newly minted Bitcoin will be easier said than done — this supply is going to gradually be released between now and 2140.

The true number of Bitcoin that's active is likely to be much, much lower than 18.9 million BTC too. Estimates have previously suggested that up to 4 million BTC has been lost forever.
Bitcoin's limited supply has long been regarded as one of its most attractive attributes — especially because of the aggressive quantitative easing measures embarked on by central banks during the coronavirus pandemic.

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