how many bitcoins exist,How Many Bitcoins Exist?

How Many Bitcoins Exist?

Bitcoins, the digital currency that has taken the financial world by storm, have sparked curiosity about their total supply. As you delve into this topic, it’s essential to understand the factors that influence the number of bitcoins in circulation. Let’s explore this fascinating aspect of the cryptocurrency universe.

Understanding Bitcoin Supply

Bitcoin’s supply is determined by a predetermined algorithm that dictates how many new bitcoins are created and when. This algorithm is designed to ensure that the total supply of bitcoins will never exceed 21 million. Here’s a breakdown of how this process works:

Block Number	Block Reward	Year
1-200,000	50 BTC	2009-2012
201,001-400,000	25 BTC	2012-2016
400,001-600,000	12.5 BTC	2016-2020
600,001-1,000,000	6.25 BTC	2020-2024
1,000,001-1,400,000	3.125 BTC	2024-2028
1,400,001-1,800,000	1.5625 BTC	2028-2032
1,800,001-2,200,000	0.78125 BTC	2032-2036
2,200,001-2,600,000	0.390625 BTC	2036-2040
2,600,001-3,000,000	0.1953125 BTC	2040-2044
3,000,001-3,400,000	0.09765625 BTC	2044-2048
3,400,001-3,800,000	0.048828125 BTC	2048-2052
3,800,001-4,200,000	0.0244140625 BTC	2052-2056
4,200,001-4,600,000	0.01220703125 BTC	2056-2060
4,600,001-5,000,000	0.006103515625 BTC	2060-2064
5,000,001-5,400,000	0.0030517578125 BTC	2064-2068
5,400,001-5,800,000	0.00152587890625 BTC	2068-2072
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