Nearly 90% of bitcoin have been mined, and new coin issue unlikely after 2140 – analysts

Bitcoin, the world’s

Bitcoin, the world’s largest cryptocurrency, has a capped supply of 21 million coins, with almost 90% already mined. Analysts are now speculating what will happen to the crypto economy when no new coins are being issued.

Unlike other forms of money, including fiat currencies, which can be printed on the whim of central banks, bitcoin has a limited supply capped at 21 million coins by elusive inventor Satoshi Nakamoto. This means there will only ever be 21 million bitcoin in existence. By August 2021, approximately 18.7 million bitcoin was available, with only some 2.3 million left to be mined, data from Investopedia shows.

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