Miners Have Already Mined 95% of All Bitcoins
Miners now have less than 6% of all bitcoins left to mine. Out of the total 21 million BTC supply, 19.9 million coins have already been created — nearly 95% of the total.
Since the Bitcoin network launched in 2009, issuance has steadily decreased thanks to the halving mechanism. Currently, miners receive 3.125 newly minted bitcoins for each block of transactions they mine.
Meanwhile, demand from ETFs and companies significantly exceeds the current rate of new coin issuance. Since the beginning of the year, U.S. funds have purchased $20 billion worth of BTC to back their shares — almost double the value of all newly mined coins during the same period.
Major companies are also actively accumulating bitcoin, the most notable being Michael Saylor’s firm, Strategy.
When Bitcoin launched in 2009, miners earned 50 BTC per block. The first halving in 2012 reduced the reward to 25 BTC, followed by 12.5 BTC in 2016, 6.25 BTC in 2020, and finally 3.125 BTC in 2024. The next halving is expected in 2028, followed by another around 2032.
See also: "Bitcoin Mining Difficulty Increased by Almost 8% "
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