How many Bitcoins are there in circulation?

How Many Bitcoins are Currently in Circulation? There are about 18.8 million bitcoin in circulation at the time of writing, equivalent to nearly 90% of bitcoin’s total circulating supply as there are roughly 2.2 million BTC left to be mined. Every day, around 900 new coins enter the market.

What is the supply of Bitcoin (BTC)?

The total supply of BTC is limited and pre-defined in the Bitcoin protocol at 21 million, with the mining reward (how Bitcoins are created) decreasing over time. This graph shows how many Bitcoins have already been mined or put in circulation. The Bitcoin reward is divided by 2 every 210,000 blocks, or approximately four years.

Why are some bitcoins in circulation unspendable?

Some of the Bitcoins in circulation are believed to be lost forever or unspendable, for example because of lost passwords, wrong output addresses or mistakes in the output scripts. The number of Bitcoins in circulation is calculated from the theoretical reward defined by the Bitcoin protocol.

How many Bitcoins have been mined in 2023?

As of January 2023, 19.39 million bitcoins have already been mined, with about 1.7 million bitcoins still to be released. The total bitcoin supply is capped at 21 million. 1 How Long Does It Take to Mine One Bitcoin?