Post
Topic
Board Project Development
Re: TimechainStats.com - FREE BTC Resources - NO ADS
by
Yamane_Keto
on 14/07/2023, 13:10:24 UTC
Just a noob question. We knew that 21 million is the maximum supply of Bitcoin and I've seen that there's 20,999,999.97 on your website's supply. Is there an explanation technically why it's not whole 21 million?
Because there are not 21 million bitcoins, but we say that there are approximately ~21 million bitcoins, the real number is 20,999,999.97, and there is always a less than 21M because of the number of lost bitcoins.
why 20,999,999.97 because every 210,000 blocks, block reward is divided by 2, starting from 5 BTC to 25 > 12,5 >6,25 >3,125,....