How Many Bitcoin Are There? How Much Supply Left to Mine? (2024)


All data/stats on this page arereal-time.

How Many Bitcoin Are There? How Much Supply Left to Mine? (1)

How Many Bitcoins AreThere Now in Circulation?

There are currently bitcoins inexistence. This number changes about every 10 minutes when newblocks are mined.

The chart below shows the historical amount of bitcoins that existed by day:

Table Of Contents

Total BTC in Existence
Bitcoins Left to Be Mined
% of Bitcoins Issued
New Bitcoins per Day900
Mined Bitcoin Blocks


How ManyBitcoins Will Ever be Created?

The maximum and total amount of bitcoins that can ever exist is21 million.

How Many Bitcoin Are There? How Much Supply Left to Mine? (2)

How Many Bitcoins AreLeft to Be Mined?

There are bitcoins left to be mined. However, you can always buy bitcoins from existing users on exchanges.

➤ MORE: How many bitcoin users are there?

Is there a limited amount of Bitcoin?

Yes, there are only about 19.1 million Bitcoin in existence. And there will only ever be 21 million in the future.

How Many Bitcoin Are There? How Much Supply Left to Mine? (3)

How Many Bitcoins AreLost?

There's no exact answer. One recentestimate is that about 3-4 million bitcoins are lostforever.

➤ MORE: Bitcoin halving countdown

It is impossible to know an exact number since a lost Bitcoinlooks exactly the same on the blockchain as one that is notlost. We can make some educated guesses based on how long aBitcoin has sat in an addresses unmoved.

How Many Bitcoin Are There? How Much Supply Left to Mine? (4)

This study by Unchained Capital details how they estimate the amount of lost bitcoins

We also have media reports of large wallets where the ownerclaims to have lost the private key.

How Many Bitcoin Are There? How Much Supply Left to Mine? (5)

Stories like these are common and byknowing about them we can keep an informal minimum tally onlost coins

The truth is, no Bitcoin is really "lost" as much as it ispermanently locked away. We know where all the Bitcoins are.When we say a coin is "lost", it is sort of like saying someonelocked the coin in a box and lost the key to the box. And thisbox is impossible to open without the key.

How Many BitcoinsAre Mined Everyday?

144 blocks per day are mined on average, and there are 6.25 bitcoins perblock. 144 x 6.25 is 900, so that's the average amount of newbitcoins mined per day.

How Many Bitcoin Are There? How Much Supply Left to Mine? (6)

Mining is the method through whichBitcoin is secured

Because many miners are adding new hash power, over the last fewyears blocks have often been found at 9.5 minute intervalsrather than 10. This creates new bitcoins faster, so on mostdays there are actually more than 900 new bitcoins created.

How ManyBitcoins Have Been Mined Already?

Since bitcoins can only be created by being mined, all thebitcoins in existence are all bitcoins that have been mined. Thetotal is BTC.

➤ MORE: Bitcoins held by public companies

How Many BitcoinBlocks Are There Today?

There have been blocks mined.

How Many BitcoinsDoes Satoshi Have?

Some estimateSatoshi has around 1,000,000 bitcoins (BTC). This number isheavily debated, though, as some claim he has around 300,000BTC.

How Many BitcoinHave Been Stolen?

It's unclear exactly how manybitcoins have been stolen.

850,000 BTC were stolen in the Mt. Goxhack, which was the largest Bitcoin hack ever. Another120,000 BTC were stolen from Bitfinexin 2016. Together, that adds up to about 970,000 BTC.

Stolen BTC, however, does not mean lost BTC. It's likely thesestolen coins are still circulating, and may not even be in thehands of the original thieves.

How Many Bitcoin Are There? How Much Supply Left to Mine? (7)

How Many MillionairesWere Made From Bitcoin?

It's impossible to know exactly. With some quick math, however,we can estimate the max number of people who are Bitcoinmillionaires.


How Many Bitcoin Are There? How Much Supply Left to Mine? (8)

Mike Novogratz - one of the richest and most well-known Bitcoin millionaires.


With Bitcoin's price at $, you'd need bitcoins to be a Bitcoinmillionaire in dollars. Since there are BTC in circulation, there are amaximum of people holding bitcoins.

In all likelihood, the number is much lower than that andprobably around 30,000-60,000 people with more than $1 millionworth of bitcoins.

How Many BitcoinMiners Are There?

Slushpool has about200,000 miners. They have 12% of the network hashrate.Assuming all pools have similar numbers, there are likely to beover 1,000,000 unique individuals mining bitcoins.

How Many Bitcoin Are There? How Much Supply Left to Mine? (9)

We can also look at the hashrate to makesome rough assumptions about how many miners there are.

When Will the LastBitcoin Be Mined?

The short answer is: likely sometime in 2140 when the lastBitcoin halving is expected to occur.

How Many Bitcoin Are There? How Much Supply Left to Mine? (10)

The next halving will occur in 2024, then every 4 years until 2140.

It is hard to know for sure, though. New blocks are addedapproximately every 10 minutes. The further out we try topredict when specific halvings will occur, the harder it is.Over 120 years, a lot can change, and so it may happen sooner orlater, perhaps even by more than year.

What Will the Blocksubsidy (reward) be before going to 0 BTC?

The block reward will be a mere 0.000000011641532 BTC per block.Currently the block reward is 6.26 BTC. There are 30 morehalvings before it goes to 0. If we divide 6.25 by two 29 times,then we get 0.000000011641532.

How Many Bitcoin Are There? How Much Supply Left to Mine? (11)

What Happens When All21 Million Bitcoins Are Mined?

Right now, miners earn most of their income via the block reward.When all 21 million bitcoins are mined, there won't be a blockreward to pay to miners.

When a Bitcoin user sendsa BTC transaction, a small fee is attached. These fees go tominers and this is what will be used to pay miners instead ofthe block reward.

How Many Bitcoin Are There? How Much Supply Left to Mine? (12)

How Many Bitcoins WillBe Mined Before The Next Halving?

There are BTC left to be mineduntil the next block rewardhalving.

How Many BitcoinBillionaires Are There?

With Bitcoin prices hitting around $23,000 US dollars, there may not be manyBitcoin billionaires. The Winklevoss twins areBitcoin billionaires while the price is above $10,000,since they own more than 100,000 BTC. So they are well beyond Bitcoin billionaires!

How Many Litecoin AreThere?

At the time of writing, there are a little under 67 millionlitecoin (LTC) in existence. The Litecoin block halving isprojected to be in August 2023.

How Many Bitcoin Are There? How Much Supply Left to Mine? (13)

How Many Bitcoin Are There? How Much Supply Left to Mine? (14)

Is Bitcoin IssuanceSimilar to Gold?

Gold's supply has historically increased at around 2% per year.Bitcoin's supply will increase less than 2% starting at the 2020halving, and will eventually go to less than 1% a year after the2024 halving.

Bitcoin vs gold will be a big debate inthe coming few years.

How Many Ethereum AreThere?

The truth is, no one really knows. We do know there are a little over 100 million ether (ETH) in existence but we aren't sure how many.

There is no real cap on the total number of ETH than can comeinto existence like there is with Bitcoin. ETH is not a fork orclone of Bitcoin like Litecoin is.

How Many Bitcoin Are There? How Much Supply Left to Mine? (15)

No one actually knows the total supply of ETH and that's not a good thing.

How Long Does it Take toMine a Bitcoin?

New bitcoins are mined every 10 minutes. The amount of time ittakes a miner to mine a bitcoin will depend on how much miningpower he has.

How Many Bitcoin Are There? How Much Supply Left to Mine? (16)

Who Has the MostBitcoins?

As discussed above, it's likely that Satoshi, the creator of Bitcoin, has the mostbitcoins of anyone.

Which Countries Are Most Interested in Bitcoin?

Based on our website traffic, the following countries have shown extreme interest in Bitcoin:

How Long Has BitcoinBeen Around?

Bitcoin has been aroundsince 2009. You can see the tiny amount of data included inthat first block below:

How Many Bitcoin Are There? How Much Supply Left to Mine? (17)

The email Satoshi Nakamoto sent to Hal Finney to tell him Bitcoin launched.

How Many Bitcoin Are There? How Much Supply Left to Mine? (2024)

FAQs

How Many Bitcoin Are There? How Much Supply Left to Mine? ›

Limited Supply: Bitcoin has a maximum supply of 21 million coins, and as of March 2023, more than 19 million have been mined. Remaining bitcoins: There are approximately 1.5 million bitcoins left to be mined. Impact on Value: Knowing this matters because it affects Bitcoin's value and future price.

How much Bitcoin is left to be mined? ›

According to the Bitcoin protocol, the maximum number of bitcoins that can be created is 21 million. As of March 2023, approximately 18.9 million bitcoins have been mined, meaning there are around 2.1 million bitcoins left to be mined.

What is the maximum supply of Bitcoin that can be mined? ›

The process of mining Bitcoin rewards miners with new bitcoins for each block of transactions they successfully add to the blockchain. However, once the maximum supply of 21 million bitcoins is reached, these block rewards will cease​​.

Is there a limit to how much Bitcoin can be mined? ›

Only 21 million bitcoins can ever be mined — but projections say the last won't be mined until around 2140. A major constraint on how many bitcoins there are is the block reward halving process — and a halving event is expected in April 2024.

Who owns 90% of Bitcoin? ›

As of March 2023, the top 1% of Bitcoin addresses hold over 90% of the total Bitcoin supply, according to Bitinfocharts.

What happens after all 21 million Bitcoin are mined? ›

After all 21 million bitcoin are mined, which is estimated to occur around the year 2140, the network will no longer produce new bitcoin. The block subsidy will go to zero but miners will continue to receive transaction fees, which will make up an ever greater portion of the block reward.

How many bitcoins does Elon Musk have? ›

The co-founder of Tesla Inc. revealed on Twitter that he owns only a tiny fraction of one bitcoin token. "I literally own zero cryptocurrency, apart from . 25 BTC that a friend sent me many years ago," Musk confessed.

How long does it take to mine 1 Bitcoin? ›

How Long Does It Take to Mine 1 Bitcoin? The reward for mining is 3.125 bitcoins. It takes the network about 10 minutes to mine one block, so it takes about 10 minutes to mine 3.125 bitcoins.

Can Bitcoin be mined infinitely? ›

The maximum total supply of Bitcoin is 21 million. The number of Bitcoins issued will likely never reach 21 million due to the use of rounding operators in the Bitcoin codebase.

Will Bitcoin ever reach 1 million? ›

Bitcoin's Price History

Notably, Cathie Wood, CEO of Ark Invest, predicted that bitcoin could reach an astounding $1.48 million by 2030. Obviously, the world's oldest cryptocurrency has come a long way since its first recorded price of less than a cent.

What happens to Bitcoin miners when all coins are mined? ›

The built-in halving mechanism in Bitcoin's code ensures that the minting of new Bitcoins will stop once this cap is reached. By 2140, miners will no longer earn block rewards, relying solely on transaction fees as compensation. This design guarantees that there will never exceed 21 million Bitcoins in circulation.

Who owns most Bitcoin? ›

Satoshi Nakamoto, the pseudonymous creator of Bitcoin, is believed to own the most bitcoins, with estimates suggesting over 1 million BTC mined in the early days of the network.

What happens if people stop mining Bitcoin? ›

If Bitcoin miners were to suddenly stop mining altogether, several significant consequences would occur: 1. Transaction Processing Delays: Without miners, transactions would not be processed, leading to significant delays in confirming transactions.

How many people own 1 Bitcoin? ›

Today, roughly 1 million wallet addresses have more than 1 bitcoin. Think about that for a moment — only 1 million out of the nearly 8 billion people on Earth own at least one full bitcoin. That works out to be only about 1 in every 8,000 people!

What family bought Bitcoin at $900? ›

In 2017, Taihuttu, his wife, and three daughters liquidated all they owned, trading a 2,500-square-foot house and virtually all their earthly possessions for bitcoin and a life on the road. This was back when the price of bitcoin was around $900.

Who made a lot of money on Bitcoin? ›

Prominent figures associated with substantial cryptocurrency wealth include individuals such as Changpeng Zhao (founder of Binance), Cameron and Tyler Winklevoss (founders of Gemini), and Chris Larsen (co-founder of Ripple). Their fortunes are tied to successful ventures in the crypto space.

How long until all Bitcoin is mined? ›

The system design reduces the number of new bitcoins in each block by half every four years. There are only about 1.5 million bitcoins left. Experts predict that the last bitcoins will be mined by 2140.

Will we run out of Bitcoin to mine? ›

It's actually a kind of lottery. There is some debate about this, but at the current rate (block reward of 50 BTC halving every four years), the last bitcoin will be mined around 2136.

How much Bitcoin is permanently lost? ›

A 2020 report from Chainalysis, a forensics company, estimated that about 3.7 million bitcoins have been lost. That's out of a total of about 19.6 million in existence today, and a maximum supply of 21 million tokens when Bitcoin is fully mined.

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