🔗 Bitcoin in Numbers: What Do We Have Today and What Will Happen Later?
1️⃣ Current Number of Bitcoin Blocks
The Bitcoin network currently has more than 928,000 blocks,
and a new block is added approximately every 10 minutes continuously.
2️⃣ Is there a maximum number of blocks?
❌ There is no maximum limit to the number of blocks
✔️ Blocks will continue indefinitely as long as the network operates and transactions are recorded.
3️⃣ Total Number of Bitcoin
💰 The fixed maximum is only 21 million Bitcoins
No new coins will be created after reaching this number.
4️⃣ How much has been mined so far?
📊 About 95% of the total Bitcoin has been mined
which is approximately 19.9 million coins, and the rest is mined very slowly.
5️⃣ Why this slowness?
🔻 Due to the halving mechanism
Every 210,000 blocks, the mining reward is halved,
making Bitcoin issuance more scarce over time.
6️⃣ When will the last Bitcoin be mined?
⏳ It is expected to occur around the year 2140.
7️⃣ What happens after the last Bitcoin is mined?
✔️ The network continues
✔️ Blocks continue
❌ No new coins
⚙️ Miners only receive transaction fees instead of mining rewards.
📌 In summary:
"Bitcoin is not limited by time…
but limited by quantity,
and this is the essence of its scarcity and value."
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