Whenever we hear about Bitcoin, the question that comes to our mind is what is Bitcoin, how does it actually exists, how many bitcoins are there, how many bitcoins are left to mine, where can it be actually used. So in this article, we will discuss how many bitcoins are left to mine.
How many Bitcoins are left to mine?
As of 24th of August 2017 there are almost 16,523,500 Bitcoins in circulation out of 21,000,000 Total Bitcoins to be ever produced. Approximately there are almost 78.68% of total bitcoins mined. So this makes 4,476,500 total bitcoins left to mine. Total Bitcoins left to mine until the next half block are 1,777,440.
The Bitcoin Price on 24th August 2017 is $4,232.10 so that makes Market capitalization of $69,929,104,350.00. There are almost 1,728 Bitcoins generated per day. Bitcoin inflation rate per annum is 3.89%.
As of March 2015, there were 14 million bitcoins in existence or 2/3 of the total amount. About 7 million bitcoins were left to mine.
“Total circulation will be 21,000,000 coins. It’ll be distributed
to network nodes when they make blocks, with the amount cut in half
every 4 years.
first 4 years: 10,500,000 coins;
the next 4 years: 5,250,000 coins;
then next 4 years: 2,625,000 coins;
next 4 years: 1,312,500 coins”
Reported as of March 2015.
Read More Litecoin Price Predictions.