Bitcoin is on the verge of reaching a significant milestone, with only days remaining until its 20 millionth coin is mined, representing over 95% of the total 21 million supply now in circulation. Notably, the remaining 1 million coins are expected to take another 114 years to mine due to Bitcoin’s issuance schedule, which ensures that the majority of coins are mined early and slows drastically after each halving event. This issuance predictability is a fundamental aspect of Bitcoin’s protocol, establishing a fixed upper supply limit through reduced block rewards.
Bitcoin approaches 20 million coins mined, 95% now in circulation
