Bitcoin was created so that the maximum number of coins is 21 million. More than 19 million BTC have already been mined.  The last Bitcoin, according to calculations, will be mined in 2140. After that, payments to miners will stop.  Formally, there are more than 19 million BTC mined in circulation. But several million coins have never been transferred to other addresses, so they are considered lost.  When all 21 million Bitcoin is mined, miners will no longer receive a reward in the form of new Bitcoin, but they will still earn transaction fees. These fees serve as an incentive for miners to continue verifying transactions, ensuring the security and integrity of the Bitcoin network.   But you and I, most likely, won’t be able to communicate with miners from 2140 to find out how profitable mining of the 22nd century is😅  #redfishiaven

Bitcoin was created so that the maximum number of coins is 21 million. More than 19 million BTC have already been mined.

The last Bitcoin, according to calculations, will be mined in 2140. After that, payments to miners will stop.

Formally, there are more than 19 million BTC mined in circulation. But several million coins have never been transferred to other addresses, so they are considered lost.

When all 21 million Bitcoin is mined, miners will no longer receive a reward in the form of new Bitcoin, but they will still earn transaction fees. These fees serve as an incentive for miners to continue verifying transactions, ensuring the security and integrity of the Bitcoin network. 

But you and I, most likely, won’t be able to communicate with miners from 2140 to find out how profitable mining of the 22nd century is😅

#redfishiaven