Cryptocurrency Q&A
What happens after 210000 Bitcoins are created?
What happens after 210000 Bitcoins are created?
Leonardo
Sat Nov 30 2024
|
7 answers
1398
I'm wondering about the future of Bitcoin. Specifically, I want to know what will occur once 210,000 Bitcoins have been mined or created. Will there be any significant changes to the system or the value of Bitcoin?
7 answers
KimchiQueenCharmingKiss
Mon Dec 02 2024
By the year 2140, the total supply of Bitcoin will have reached its limit of 21 million coins.
Was this helpful?
204
57
Andrea
Mon Dec 02 2024
However, these rewards are not static and undergo a periodic reduction known as the Bitcoin halving.
Was this helpful?
86
31
Valentina
Mon Dec 02 2024
This cap on the number of Bitcoins in circulation will enhance the scarcity of the digital currency.
Was this helpful?
395
59
ShintoMystic
Mon Dec 02 2024
Scarcity is a key factor in determining the value of an asset, and Bitcoin's limited supply is expected to support its long-term appreciation.
Was this helpful?
64
93
SoulWhisper
Mon Dec 02 2024
The process of mining Bitcoin rewards miners with new coins and transaction fees.
Was this helpful?
387
39
Load 5 more related questions
