Bitcoin Network Reaches Milestone with 20 Million Coins Mined
- The Bitcoin network has mined its 20th million coin.
- Fewer than one million coins remain to be mined, approaching the total cap of 21 million.
- 95.24% of Bitcoin’s total supply is now in circulation.
The mining of the Bitcoin network’s twentieth million coin signifies a significant step towards reaching the cryptocurrency’s capped supply of twenty-one million coins, highlighting its increasing scarcity.
With only approximately five percent of coins left to be mined, the milestone underscores Bitcoin’s fixed supply and potential implications for its value and market dynamics. Source
