As of March 28, 2025, approximately 19.84 million bitcoins have been mined, nearing the capped supply of 21 million coins.

The Bitcoin network adds new bitcoins to circulation through mining, where miners validate transactions and secure the network. Currently, each block mined rewards the miner with 3.125 BTC.

At the present rate, about 155 blocks are mined daily, introducing approximately 484 bitcoins into circulation each day.

It's important to note that the rate of bitcoin production decreases over time due to the "halving" event, which occurs approximately every four years, reducing the block reward by half. The next halving is projected to occur at block 1,050,000, in about 1,099 days.

Given the current mining rate and the fixed supply cap, it's anticipated that the total supply of 21 million bitcoins will be fully mined by the year 2140.

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