Just 2 Million Bitcoin Left: Bitcoin Hits The 19 Million Milestone

Just 2 million Bitcoin left: Bitcoin hits the 19 million milestone

The 19th millionth Bitcoin was mined on Friday, a landmark occasion for the number one cryptocurrency.

Nineteen million Bitcoin are now in circulation, with just 2 million Bitcoin yet to be minted until roughly the year 2140.

SBI Crypto earned ‎6.32 BTC, roughly $293,000 for the trouble in transaction fees and block reward.

A momentous occasion, the Bitcoin community was quick to celebrate the milestone event.

He continued: "This may seem like a small number at first glance, but I believe the best days of mining are still ahead of us.”

According to Vlad Costea, founder of Bitcoin Takeover, there are “only 2 million BTC left to mine in the next 118 years!” Over the past 13 years since the inception of Bitcoin, miners have uncovered 19 million Bitcoin; the last Bitcoin is expected to be mined in the year 2140.

The 18,500,000 millionth Bitcoin was mined in September 2020, as the current issuance rate is 6.25 Bitcoin per block.

The 18,500,000 millionth Bitcoin was mined in September 2020, as the current issuance rate is 6.25 Bitcoin per block.

The next halving, where the issuance rate is cut in half, is scheduled for 2024.

For the Bitcoin community, the 19 millionth Bitcoin mined highlights the scarcity of Bitcoin.

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