Quote from: DeathAngel on August 01, 2019, 01:58:45 PM

Quote from: Baofeng on August 01, 2019, 01:48:00 PM

Anyone noticed that we have breached 17,800,000 BTC already? Which means that 85% of all BTC have been mined. And in the next 10+ years we can all assumed that 'almost' all bitcoin is mined already. Have you accumulated at least 1 BTC in your wallet?

Current bitcoin mined: 17,851,062 BTC

At the moment miners are rewarded with 12.5BTC per block mined. In 2020 it will reduce to 6.25BTC per block mined. There is a block reward halving every 4 years so if you do the maths the very last bitcoin will be mined in approx, the year 2140.

That's why I say "allmost all" bitcoin is going to be mined in the next 10++ years because we won't see the last bitcoin in 2140. 90%-99% for me will be enough, theoretically, there's 20999999.9769 million supply, not 21 m, due to the bug in the early days of bitcoin mining.

So let's continue to accumulate at 1 BTC in our lifetime. Grin