1. Aiwaka AdventuresHome
  2. Digital Disruptors

Bitcoin’s Circulation and Remaining Mining Output Quantity

• Digital Disruptors • 145 views

It is reported that according to the data of Btc.com, the current BTC circulation is 19319031.25, and the remaining mining output quantity is 1680968.75, less t

Bitcoin’s Circulation and Remaining Mining Output Quantity

It is reported that according to the data of Btc.com, the current BTC circulation is 19319031.25, and the remaining mining output quantity is 1680968.75, less than 1.7 million.

BTC’s remaining un mining output quantity is less than 1.7 million

Analysis based on this information:


Bitcoin, the world’s largest digital currency, operates on a decentralized platform, which means it’s not controlled by any centralized authority or government. It’s a digital currency that can be used to make transactions without the interference of intermediaries. As of now, the circulating supply of Bitcoin is 19,319,031.25, as per the data of BTC.com. The remaining mining output quantity is reported to be 1,680,968.75, which is less than 1.7 million.

The circulation of Bitcoin refers to the number of Bitcoins in public hands that are available to be used for transactions, investing or holding. The remaining mining output quantity refers to the number of Bitcoins yet to be mined by the miners. It is a concept that is mostly relevant in the early stages of Bitcoin, as the total supply of Bitcoin is capped at 21 million coins. So, when the remaining mining output quantity reaches zero, there can be no more Bitcoin produced.

The current level of remaining mining output quantity shows that a significant amount of Bitcoin has already been mined. According to estimates, around 18.4 million Bitcoins have already been mined, which is approximately 88% of the total supply. This indicates that the mining process for Bitcoin is getting harder day by day, as the mining reward drops after every 210,000 blocks. Currently, the mining reward is 6.25 Bitcoins per block and will continue to drop until the supply runs out.

The decreasing mining reward has an impact on the miners’ profitability. As a fewer number of Bitcoins are given out as a reward, the miners’ return on investment decreases. This can lead to an increase in the price of Bitcoin as it becomes harder to mine. The demand for Bitcoin is high, and its supply is limited, making it a highly sought-after asset.

In conclusion, the current statistics of Bitcoin’s circulation and remaining mining output quantity indicate that the mining process is becoming increasingly difficult, and the supply of Bitcoins is becoming scarcer. This can lead to an increase in demand and price of Bitcoin. The way Bitcoin is designed makes it a unique asset, and the remaining output quantity limits the supply, unlike fiat currencies.

This article and pictures are from the Internet and do not represent aiwaka's position. If you infringe, please contact us to delete:https://www.aiwaka.com/2023/03/16/bitcoins-circulation-and-remaining-mining-output-quantity/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 03/16/2023 09:47
Next 03/16/2023 10:03

Recommended articles