The 20 millionth BTC has been mined, leaving only about 1 million remaining to be mined

As of March 9th, the 20 millionth Bitcoin has been mined on the Bitcoin network. Given that Bitcoin's total supply is permanently capped at 21 million, this milestone marks a decisive step toward ultimate scarcity.

According to BiTBO data, as of press time, 20,015,889 BTC have been mined, accounting for 95.31% of the total supply. This means less than 1 million BTC are left for miners worldwide to mine.

Unlike traditional fiat currencies that can be issued infinitely, Bitcoin's issuance rules are hardcoded into the protocol and feature high transparency and predictability.

Additionally, due to the "halving" mechanism occurring every four years, miners' block rewards will continue to decrease, making the remaining Bitcoin increasingly difficult to obtain. It is estimated that the last Bitcoin will be mined around 2140.

Furthermore, an often overlooked factor is that due to lost private keys, forgotten wallets, and other reasons, the actual circulating supply of Bitcoin is far below the 21 million cap, further intensifying its market scarcity.

Moreover, the last halving occurred in 2024, reducing the block reward from 6.25 BTC to 3.125 BTC. The next halving is expected to happen in about two years, making Bitcoin even more scarce.

Currently, the entire network's daily Bitcoin production is only about 450 BTC, meaning that by 2030, only a small portion of new supply will enter circulation. This ongoing decline also indicates that miners' income will increasingly rely on transaction fees to maintain network security.

Overall, Bitcoin's digital scarcity underpins its core narrative. This strictly limited supply mechanism not only establishes its value as "digital gold" but also makes it a unique store of value in the eyes of investors.

#比特币 #Last 100 million