Report post

When will the last bitcoin be mined?

The mining of the penultimate Bitcoin is projected to occur around 2093. Fast forward a little more to 2140, the year when the last Bitcoin (or realistically, the last satoshi—the smallest denomination of Bitcoin) is expected to be mined. By this time, Bitcoin's inflation rate would have flattened out.

When will bitcoin be minted?

Even so, the final bitcoin will likely not be minted until some time around 2140, according to current estimates. The rate at which new bitcoin are mined is geared to slow down over time. The reward for mining each block of bitcoin – which is done every 10 minutes – halves every 210,000 blocks. That’s roughly once every four years.

How often are new bitcoins mined?

The rate at which new bitcoin are mined is geared to slow down over time. The reward for mining each block of bitcoin – which is done every 10 minutes – halves every 210,000 blocks. That’s roughly once every four years. As of 2022, the reward per block had diminished from its initial reward of 50 BTC per block in 2009 to just 6.25 bitcoin.

Related articles

The World's Leading Crypto Trading Platform

Get my welcome gifts