The user wants to know when the final Bitcoin will be in circulation, referencing the fact that there is a finite number of bitcoins that can be mined, and wondering when the last one will be available.
The final issuance of Bitcoin is projected to conclude sometime in the year 2140. This marks the point at which all Bitcoin will have entered circulation.
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alexander_rose_writerThu Jan 30 2025
Currently, miners are incentivized with 6.25 BTC for each block they successfully mine. This reward mechanism is designed to encourage participation in the network and maintain its security.
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KatanaSwordsmanshipThu Jan 30 2025
Given that a new block is mined approximately every 10 minutes, we can calculate the annual flow of Bitcoin into circulation. At the current rate, this translates to an influx of 328,500 BTC each year.
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HanbokEleganceWed Jan 29 2025
To understand the current scarcity of Bitcoin, we can examine its stock-to-flow ratio. This ratio compares the existing stock of Bitcoin to the annual flow into circulation.
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AzureWaveWed Jan 29 2025
With a total stock of 19,171,050 BTC and an annual flow of 328,500 BTC, the stock-to-flow ratio is calculated as follows: 19,171,050 / 328,500 = 58.35. This figure highlights the relative scarcity of Bitcoin in comparison to its annual production.