deleted

[Heisenberg_Hunter]

When Satoshi Nakamoto created the first bitcoin in January 2009, there were nearly 21 million coins left to be mined. As 80% of the total number of bitcoins have already been mined by January 13, there are only one-fifth of the capped supply that will be mined in the coming years.

Over 16.8 million bitcoins have now been mined by the miners worldwide and there will be another 4.2 million digital coins that is still left.

Number of Bitcoins Mined

January 15,2016 : 15,089,500 (71.8%)

January 15,2017 : 16,104,750 (77%)

Source : https://www.ndtv.com/business/bitcoin-prices-to-zoom-further-only-20-cryptocurrency-coins-left-to-be-mined-1800099

[1714175184]

1714175184

[1714175184]

1714175184

[1714175184]

1714175184

[freakingcat]

The less bitcoins there are, the harder the process of mining them is. Quite ironic actually.

[Jimmy palumbo]

As the difficulty of bitcoin mining increases, the price of bitcoin may rise further, as bitcoin is scarce.

[7Pro]

I think this news will lead the bitcoin price will go up soon.
But i still understand what news made this bitcoin drop??

[freakingcat]

I think this news will lead the bitcoin price will go up soon.

From your mouth to my wallet.

[wojiaohahaha]

This means that the amount of bitcoins that can be mined is getting less and less and harder to mine, and the bitcoins we hold are likely to be worth more and more.

[adamlillian]

If everything is the same as what you say, then I think this is the chance for other currencies to take the throne. Bitcoins are being over-exploited and I guess in the next 5 years there will not be enough bitcoin to provide for people. So that would be very beneficial for other currencies, when Etherum has 96 million dong to exploit. In the future, I expect Etherum to be extremely valuable in this market.

[freakingcat]

I'm curious how many millions are for bitcoin cash and gold, still 21?

[tutorroma]

This will certainly lead to a rapid rise in the price of bitcoin. You know, people now don't easily transfer money from bitcoin to other altcoin. It is believed that bitcoin is still the best investment in the next five years.

[adamlillian]

wow, it's amazing how much data you give. I would like to ask you, what do you anticipate about the future of bitcoin when it is so heavily exploited? In my opinion, it will quickly lose value and if there is no reasonable adjustment then bitcoin will be removed from the list of electronic currency soon. I will focus on investing in other currencies like Etherum instead of bitcoin. At present they are no longer safe.

[penig]

I'm curious how many millions are for bitcoin cash and gold, still 21?

They are forks, so the same number (roughly) have been mined and left to mine.  If they had been clones, they would start from 0 coins mined.

[radhekrishna]

one bitcoin transaction now uses as much energy as your house use in a week. bitcoin miners to burn through over 24 terawatt-hours of electricity annually as they compete to solve increasingly difficult cryptographic puzzles to "mine" more bitcoins.

[Blogosphere]

I think miners will need Bitcoin price to rise for it to be profitable since I last heard that the difficulty increased again.

[tiggytomb]

I'm curious how many millions are for bitcoin cash and gold, still 21?

Think they are the same with 21 million, not sure if one of the forks and maybe not gold and cash but I am sure I saw somewhere that one of them was going to have proof of stake.

[nlcars]

Wow does this mean that bitcoins are getting rare and when something is getting rare than it shall be worth much.
But the difficulty level is getting higher and higher and the fees too, does this means that if we want to sell Bitcoin we have to pay much fees for it?

[llyfee4u]

That is amazing.  Surely this will lead to even further increase in bitcoin price because there will be far less in circulation due to most people holding their bitcoin.  It will push the price to ridiculous ATH’s over the next few years.  This scenario also provides opportunity for coins like Ethereum to take a stronger foothold.  Butcoin will reach over $100K USD in the next 5 years is my prediction. 

[Red-Apple]

I'm curious how many millions are for bitcoin cash and gold, still 21?

Think they are the same with 21 million, not sure if one of the forks and maybe not gold and cash but I am sure I saw somewhere that one of them was going to have proof of stake.

there are approximately 30 different forks right now that did airdrops too. only 3 of them were major forks with half decent prices (cash and gold) the rest of them are worth so little and most of them were scams too.

among these there has been many different algorithms including PoS.

[Sevarchik]

It is generally known that the number of bitcoins can not be more than 21 million coins.
And generally known time for founding 1 block, and rewarding system.
Last bitcoin will be mined aprox at 2140 year

[Rubble898zaitO]

Bitcoin will begin to be scarce as it is widely spread across old and new owners. As it reaches the max coin cap,  it's value will probably skyrocket as there is now a finite number of coins to circulate. Not to mention some coins that will never be used ever again due to lost password or private keys. Owners dying without passing on their bitcoins.

[pogitayo]

When Satoshi Nakamoto created the first bitcoin in January 2009, there were nearly 21 million coins left to be mined. As 80% of the total number of bitcoins have already been mined by January 13, there are only one-fifth of the capped supply that will be mined in the coming years.

Over 16.8 million bitcoins have now been mined by the miners worldwide and there will be another 4.2 million digital coins that is still left.

Number of Bitcoins Mined

January 15,2016 : 15,089,500 (71.8%)

January 15,2017 : 16,104,750 (77%)

How can this be true sir? I thought these are digital currencies that can be generated by a digital blueprint. Does it mean that 20 percent of the total bitcoins are still left to be mined? Just believe that bitcoin will increase again.