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Bitcoin (BTC) To See 18M Coins Mined Later this Friday

Published 10/18/2019, 06:39 AM
Updated 10/18/2019, 07:41 AM
© Reuters.   Bitcoin (BTC) To See 18M Coins Mined Later this Friday

Bitcoin (BTC) mining has created nearly 18 million coins, with the exact number to be reached some time later this Friday. The BTC network produces 12.5 coins each minute, based on the current difficulty levels and after three halvings.

https://twitter.com/BitBallDev/status/1185020143287431168

Thus, BTC after only a decade has mined most of its planned supply of 21 million coins. But from now on, mining will slow down significantly, and the last new BTC will appear some time in the year 2140.

Even with 18 million BTC, the specific economy for the leading coin has evolved to a higher complexity. Th...

This article appeared first on Cryptovest

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