I'm wondering if the total supply of Bitcoin can ever go beyond the 21 million mark. Is there a possibility for the Bitcoin supply to increase beyond this limit?
The total maximum supply of Bitcoin is capped at 21 million coins. This limitation is a fundamental aspect of the Bitcoin protocol.
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DanieleMon Dec 02 2024
Due to the use of rounding operators within the Bitcoin codebase, it is highly unlikely that the total number of issued Bitcoins will ever reach the precise figure of 21 million.
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FedericoMon Dec 02 2024
These rounding operators are integrated into the Bitcoin network to handle decimal places and fractional amounts of Bitcoin, known as satoshis.
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HanbokGlamourQueenEleganceMon Dec 02 2024
As the supply of Bitcoin approaches its upper limit, the number of new coins generated through mining will gradually decrease.
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MountFujiMysticalViewSun Dec 01 2024
Once the Bitcoin supply reaches its maximum cap, no additional bitcoins will be generated through mining. This is a key aspect of Bitcoin's scarcity and value proposition.