20,000,000th Bitcoin Finally Mined. How Much BTC Is Left After Major Milestone?
Analysis
Price Impact
LowThe mining of the 20 millionth bitcoin is a significant milestone from a supply perspective, but it was anticipated and priced into the market over time. the remaining 1 million btc will be mined very gradually until 2140, so the immediate supply shock is minimal.
Trustworthiness
HighThe information regarding the 20 millionth bitcoin being mined is verifiable through blockchain explorers and has been widely reported by reputable crypto news outlets.
Price Direction
NeutralWhile the news highlights bitcoin's scarcity, which is a long-term bullish factor, the actual event of the 20 millionth coin being mined is a predictable outcome and doesn't represent new information that would drastically alter short-term price action.
Time Effect
LongThe scarcity created by the 21 million hard cap and the eventual exhaustion of new supply by 2140 are fundamental long-term drivers of bitcoin's value, influencing its perception as a store of value over extended periods.
Original Article:
Article Content:
Cover image via U.Today The magic of the hard cap Why 21 million? Advertisement Seventeen years, two months, and one week after the Genesis block was forged, the Bitcoin network has reached one of its biggest milestones to date. According to the latest data , the 20 millionth coin has now been mined. The magic of the hard cap Bitcoin's scarcity is, undoubtedly, its main value proposition. There will never be more than 21 million coins due to a hard cap, and challenging it is viewed as heresy within the cryptocurrency's community. HOT Stories 20,000,000th Bitcoin Finally Mined. How Much BTC Is Left After Major Milestone? Breaking: Strategy Buys $1.3 Billion Worth of Bitcoin (BTC) Now that the 20 millionth coin has been successfully extracted by miners, there are exactly a million coins left. This means that an astonishing 95.2% of the cryptocurrency's total lifetime supply is already in circulation. Advertisement However, anyone hoping to see the final Bitcoin being mined is in for a long wait. You Might Also Like Sun, 03/08/2026 - 11:30 77% of Corporate Bitcoin Holdings Now Underwater, Data Shows By Tomiwabold Olajide The final 1 million will be dripped into the market at a ridiculously slow pace. It is estimated that the last fraction of the leading cryptocurrency will not be mined until 2140. Advertisement The network is specifically designed in such a way that the speed of coin issuance is gradually reduced with the help of quadrennial halvings. Back in 2009, miners could receive 50 BTC for one block. The first 10 million Bitcoins were mined in just under four years. The network underwent subsequent halvings, with rewards to 25, 12.5, 6.25, and down to the current 3.125 BTC. The block reward will eventually become purely fractional, and it will take roughly 114 years to squeeze out the final 4.8% of the supply. Why 21 million? Satoshi Nakamoto never explicitly explained why the supply was capped at exactly 21 million, but there are some theories. In an early email exchange with Bitcoin contributor Martti Malmi , Satoshi described the 21 million figure as an "educated guess." They had to choose a number without knowing how large the network would grow. There is also a macroeconomic-focused theory that revolves around the state of the global money supply around the time of Bitcoin's creation. At that time, the global "M1" money supply was estimated to be roughly $21 trillion. #Bitcoin News