ARE ALL BITCOINS MINED

are all bitcoins mined

The Bitcoin network uses a coin distribution strategy known as “bitcoin halving” that ensures the amount of bitcoin distributed to miners reduces over time. By gradually decreasing the supply of new bitcoin entering circulation, the idea is it will help support the asset’s price (based on the fundamental principles of supply and demand.) Bitc

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bitcoins price history

Based on this halving schedule, miners will continue to receive smaller and smaller block rewards until the reward reaches zero, expected to be around the year 2140. At that point, no new bitcoins will be created through mining, and miners will be compensated solely with transaction fees for securing the network. Bitcoin is also a volatile, high-ri

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