How many Bitcoins are there?

Let alone unprecedented growth like in the examples above. So, How many Bitcoins are there in total? More than 19.6 million tokens are already in circulation out of a total supply of 21 million. This means that over 93.56% of Bitcoins have already been mined. That said, the number of new Bitcoins entering the market declines every four years.

What is the circulating supply of bitcoin?

To understand the circulating supply of Bitcoin, it is important to go right back to the beginning. Put simply, when Bitcoin was launched in 2009, it was created with a fixed supply mechanism. On average, new BTC tokens enter circulation every 10 minutes.

Did bitcoin reach its maximum supply?

The only way that new Bitcoin enters circulation is via mining. There is no other way for Bitcoin to be created. So, yes, all 19,722,500 BTC in circulation were mined. The total supply of Bitcoin is 21 million, so 1,277,500 BTC are yet to be mined. We explain the consequence of Bitcoin reaching its maximum supply in the following section.