80% of the 21 million Bitcoins that will exist have already been mined.

in #bitcoin7 years ago

Currently there are more than 16.8 million Bitcoin units in circulation, and about 2.4 million remain to be mined until May 7, 2140.

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Out of a total of 21 million Bitcoins that will be created until May 7, 2140, 16.8 million have already been mined, representing 80% of the blockchain chain. The remaining 20% ​​is equivalent to 4.2 million of the cryptocurrency.

80% was exceeded on January 13, said Cointelegraph, and is visible in graphics such as Blockchain Luxembourg or Smartbit. According to Bitcoin Block Reward Halving Countdown, at the time of this publication as of January 15, there are 16,804,675 Bitcoin in circulation, so 4,195,325 units of cryptocurrency remain to be produced.

The total Bitcoin figure was established in the text published in 2008 under the pseudonym of Satoshi Nakamoto, entitled Bitcoin: A Peer-to-Peer Electronic Cash System (Bitcoin: a system of electronic cash money). The bet is that the eventual shortage of cryptocurrency, generate that its value increases; a phenomenon similar to what happens with cards or comic books.

So that the chain of blocks or blochain self-regulates before the demand, the protocol established by Nakamoto is programmed so that the reward for the mining of each block is reduced by half every 210,000 blocks, which happens approximately every four years. The next cut of the reward for mining will occur within two years, at the beginning of June 2020, depending on the hashrate. Currently the reward is 12.5 Bitcoin, so it will be reduced to 6.25 per block mined.

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Para Bitcoin, 2017 fue un gran año. En los último meses, tuvo picos de hasta 19.000 dólares, pero también sufrió una caída el 22 de diciembre que alcanzó de nuevo cifras entre los 12.000 y los 13.000 dólares. En enero de 2018, se ha mantenido en un promedio de 14.200 dólares.
For Bitcoin, 2017 was a great year. In the last months, it had peaks of up to $ 19,000, but also suffered a fall on December 22 that again reached figures between 12,000 and 13,000 dollars. In January 2018, it has remained at an average of $ 14,200.

For Bitcoin, 2017 was a great year. In the last months, it had peaks of up to $ 19,000, but also suffered a fall on December 22 that again reached figures between 12,000 and 13,000 dollars. In January 2018, it has remained at an average of $ 14,200.

Source: https://hipertextual.com/2018/01/80-21-millones-bitcoins-minados/amp

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