Bitcoin has reached an important milestone, with 20 million of its 21 million total supply already mined, meaning that within approximately 114 years, fewer than 1 million bitcoins will remain. This brings the Bitcoin network closer to its absolute supply cap. The extended mining time for remaining bitcoins presents a future challenge for miners. After the block reward mechanism is expected to end around 2140, miners will be entirely dependent on transaction fees, a shift that could reshape the mining industry.

BTC0,21%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes