20 million Bitcoins have been mined, with less than 1 million remaining in supply.

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Crypto News: On March 9, on-chain data shows that, 17 years and two months after the creation of Bitcoin’s Genesis Block in January 2009, the network has reached one of its most significant milestones—over 20 million BTC have been mined. This milestone was achieved at block height 939,999, with the current block subsidy at 3.125 BTC. In November, the network had already surpassed 95% of its total supply. As the network has undergone multiple halvings, the rate of new issuance has gradually slowed. Currently, the remaining block subsidy rewards are less than 1 million BTC, until miners fully rely on transaction fees. The next halving is expected around April 11, 2028. Since each halving further reduces issuance, the remaining supply will be released at an increasingly slower pace. Analysts estimate that it will take over a century to mine the last 1 million coins, with the smallest unit, satoshis, expected to be issued around 2140.

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