Cryptocurrency Q&A
Can Bitcoin be infinitely mined?
Can Bitcoin be infinitely mined?
Stefano
Mon Dec 23 2024
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6 answers
1216
I've been hearing a lot about Bitcoin recently and I'm curious to know if it can be infinitely mined. I understand that it's a digital currency, but does it have a limit like other physical resources? Or can we continue to mine Bitcoin indefinitely?
6 answers
SunlitMystery
Tue Dec 24 2024
Despite this cap, it is highly unlikely that the number of Bitcoins issued will ever actually reach 21 million.
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Silvia
Tue Dec 24 2024
This is due to the use of rounding operators within the Bitcoin codebase, which can result in fractional Bitcoin amounts that are not issued as whole coins.
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GeishaCharm
Tue Dec 24 2024
One of the fundamental aspects of Bitcoin is its limited supply.
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Eleonora
Tue Dec 24 2024
The maximum total supply of Bitcoin that can ever exist is capped at 21 million coins.
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Valentina
Tue Dec 24 2024
As the Bitcoin supply approaches its upper limit, the issuance of new Bitcoins will gradually slow down until no additional coins are generated.
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