Cryptocurrency Q&A
How long will it take to mine 21 million Bitcoin?
How long will it take to mine 21 million Bitcoin?
Lucia
Wed Nov 27 2024
|
6 answers
1335
I'm curious about the time it would take to mine the entire 21 million Bitcoin. I want to know how long it would require based on the current mining rate and difficulty.
6 answers
Raffaele
Fri Nov 29 2024
Miners initially earned a reward of 50 BTC per block.
Was this helpful?
190
55
BitcoinBaron
Fri Nov 29 2024
This reward undergoes a halving process every 210,000 blocks.
Was this helpful?
362
35
DaeguDivaDanceQueen
Thu Nov 28 2024
The halving cycle ensures that the total supply of Bitcoin is controlled.
Was this helpful?
101
41
Thunderbolt
Thu Nov 28 2024
As a result, by approximately 2140, all Bitcoins will have been mined.
Was this helpful?
80
79
Caterina
Thu Nov 28 2024
At this point, the block reward will reach zero.
Was this helpful?
330
92
Load 5 more related questions
