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. Right now, each new block adds 6.25 bitcoinsinto circulation.

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

This chart shows the historical amount of bitcoin in circulation. It does not account for lost bitcoins.

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? (3)

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? (4)

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? (5)

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? (6)

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? (7)

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? (8)

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? (9)

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? (10)

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? (11)

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? (12)

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? (13)

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? (14)

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

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? (16)

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? (17)

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? (18)

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? ›

The supply of bitcoins is replenished at a set rate of one block every ten minutes. The system design reduces the number of new bitcoins in each block by half every four years. There are only about 2 million bitcoins left. Experts predict that the last bitcoins will be mined by 2140.

How many Bitcoin's are left to mine? ›

The supply of bitcoins is replenished at a set rate of one block every ten minutes. The system design reduces the number of new bitcoins in each block by half every four years. There are only about 2 million bitcoins left. Experts predict that the last bitcoins will be mined by 2140.

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.

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

Bitcoin's maximum supply is capped at 21 million tokens. Understanding how many Bitcoins are available as the BTC halving event approaches will help future investors shape the cryptocurrency's trajectory.

What is the total number of Bitcoin supply? ›

Since Satoshi Nakamoto first created Bitcoin, it has always had a clearly defined maximum supply of 21 million coins. The rules of the Bitcoin protocol state that when the number of bitcoin in circulation reaches the maximum supply limit of 21 million, no new units of bitcoin will be issued.

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.

Will bitcoin lose value when all is mined? ›

When all bitcoin have been mined, miner revenue will depend entirely on transaction fees. The price and purchasing power of bitcoin will adjust to the lack of new supply. The scarcity of Bitcoin will make it more attractive to investors and users.

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.

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 when Bitcoin supply runs out? ›

There are expected to be 64 Bitcoin halvings before the 21 million cap is reached sometime around 2140, at which point halvings will cease and the blockchain will stop issuing new tokens. When that happens, Bitcoin miners will have to rely on transaction fees, their other revenue source besides mining rewards.

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!

Who is really behind Bitcoin? ›

Bitcoin was created by an anonymous person or group using the pseudonym Satoshi Nakamoto. Nakamoto published a whitepaper titled "Bitcoin: A Peer-to-Peer Electronic Cash System," outlining the concept of a decentralized digital currency.

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.

How long until all Bitcoin is 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.

Is Bitcoin supply really limited? ›

Understanding Bitcoin's Supply Dynamics

Bitcoin was designed with a fixed supply cap of 21 million coins. This scarcity is intentional, echoing the scarcity of precious metals like gold and designed to prevent inflation by ensuring that the supply cannot be increased at will​​​​.

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.

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.

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.

How long until all bitcoin is mined? ›

This article explores the future landscape of Bitcoin and its network once all bitcoins are mined, a milestone anticipated to be reached around the year 2140 – unless quantum computing gets to it first, that is.

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.

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