introduced in 2008 by an anonymous creator known as Satoshi Nakamoto. Unlike traditional "fiat" currencies like the US Dollar or Euro, Bitcoin operates without a central bank, government, or middleman. It is often referred to as "digital gold" because its total supply is strictly capped at 21 million coins, making it a scarce asset used for investment and global payments.
1 BTC equals
Rs 19,076,831.73
As of 16 Feb, 8:27 am GMT+5 • Disclaimer
2 Jan 2026 - 16 Feb 2026
How Bitcoin Works
Bitcoin functions through a global network of computers that follow a shared set of rules. The core components of its operation include:
The Blockchain: This is a public digital ledger that records every transaction ever made. It is distributed across thousands of independent computers (nodes) worldwide, ensuring that no single person can alter the history or "double-spend" coins.
Bitcoin Mining: Transactions are grouped into "blocks" and secured through mining, a process where powerful computers solve complex mathematical puzzles. As of 2026, miners are rewarded with 3.125 BTC per block, a subsidy that halves roughly every four years to control inflation.
Cryptography: Bitcoin uses advanced math (specifically the SHA-256 hashing algorithm) to secure transactions. Each block is cryptographically linked to the one before it, forming a chain that is virtually impossible to hack.
Wallets and Keys: To use Bitcoin, you need a digital wallet that stores your private keys. These keys act as your digital signature, providing proof of ownership and allowing you to authorize transfers to others.
Key Features and Status in 2026
Institutional Adoption: By 2026, Bitcoin has matured into a mainstream financial asset. Major institutions and Spot ETFs (Exchange-Traded Funds) now hold a significant portion of the circulating supply.
Programmed Scarcity: Approximately 19.94 million BTC have already been mined as of early 2026, leaving less than 7% of the total supply remaining to be created.
Volatility and Risk: While widely recognized, Bitcoin remains highly volatile. In early 2026, prices have fluctuated between $60,000 and $126,000, influenced by global liquidity and macroeconomic shifts.