Cryptocurrency Q&A
Will Bitcoin run out one day?
Will Bitcoin run out one day?
LitecoinLodestar
Fri Nov 29 2024
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7
answers
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I'm wondering if Bitcoin, which is a digital currency, will eventually run out. I know there's a limited supply, so I'm curious if it's possible that we'll reach a point where all the Bitcoin has been mined and there's none left to be found.
7 answers
CryptoWanderer
Sun Dec 01 2024
When Bitcoin was first launched, miners were rewarded with 50 BTC for each block they mined.
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Lorenzo
Sun Dec 01 2024
However, this reward is subject to a halving event every 210,000 blocks.
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Nicola
Sun Dec 01 2024
A halving event reduces the block reward by half.
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WhisperWind
Sun Dec 01 2024
Bitcoin's hard cap of 21 million coins is not directly encoded in a solitary line of its code.
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KDramaLegendary
Sun Dec 01 2024
This cycle continues until all 21 million Bitcoins have been mined.
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