How many bitcoins are there

Public miners held the top in 2021, and (basically) sold the bottom in 2022

The table below includes basic holdings data for all U.S. listed Bitcoin ETFs that are currently tagged by ETF Database. The table below includes the number of holdings for each ETF and the percentage of assets that the top ten assets make up, if applicable. For more detailed holdings information for any ETF, click on the link in the right column. How many bitcoin have been mined The popularity of Bitcoin is tied to the fact that its limit is capped at 21 million bitcoins in total. The original blockchain cannot mint new coins nor burn existing coins in the supply. The only way new coins are created is through mining however, even with time, the amount of bitcoin released via mining decreases until it reaches its cap.

Bitcoin mining cap

Every four years, the reward for mining Bitcoin is halved— at the time of Bitcoins, existence in 2008, the reward for confirming a block was about 50 Bitcoins. Over the years the reward has been significantly reduced. In 2012, it was halved to 25 Bitcoins, and it went down to 12.5 in 2016 and in May 2020, miners stood to earn 6.25 Bitcoin for every new block subsequently. By the end of 2024 it is expected that miners will only earn 1.56 Bitcoins for verifying a block of transactions. This process is called halving and will continue till the last Bitcoin is mined. WATCH: Bitcoin's origin story remains shrouded in mystery. Here's why it matters Subject to the mechanism of halving, referring to an exponential and periodic deduction reward rate for generating every new block of the crypto unit during the mining process, the reward of BTC mining has been halving three times over the last decade. Currently, crypto miners can be rewarded $6.25 BTC per block of crypto units. The next Bitcoin halving is expected to occur around April or May in 2024, followed by another mining halving reducing to 3.125 BTC for its rewards.

How Will Bitcoin Halving Affect Bitcoin Gains?

Read More: How to Store Your Bitcoin Bitcoin Mining Setup According to further records, despite long-term Bitcoin holders sitting on their losses since the March 2020 capitulation and the 2018–2019 bear market, their numbers are steadily rising over the last several years.

How much bitcoins are there

In short, nobody really seems to know the significance of hitting the 19 million mark. Still, that means that more than 90 percent of the Bitcoins that will ever exist are already out there — a striking figure. XRP Makes Remarkable Comeback, Surging by $1.3 Billion in Market Cap The numerous controversies over the past 12 months, from the dramatic collapses of Three Arrows Capital and FTX to the more recent closures of crypto-focused US banks Signature and Silvergate, have besmirched the reputation of crypto as a respectable asset class, but bitcoin sits apart from the Wild West that is decentralised finance, NFTs and others.