Why #Btc is still No.1?
The total supply of Bitcoin is capped at **21 million coins**, as defined by its creator, Satoshi Nakamoto. This hard limit is enforced by Bitcoin's underlying code and cannot be changed without overwhelming consensus from the network.
### **When Will All Bitcoin Be Mined?**
Bitcoin is released gradually through a process called **mining**, where miners validate transactions and are rewarded with new BTC. The rate of new Bitcoin creation is halved approximately every **four years** in an event called the **"halving"**.
- **Current block reward (as of 2024):** 3.125 BTC per block (after the April 2024 halving)
- **Next halving (expected):** ~2028 (block reward drops to 1.5625 BTC)
Based on the current emission schedule, the last Bitcoin is expected to be mined around the year **2140**. After that, miners will only earn transaction fees (no new BTC will be created).
### **Key Points:**
1. **~19.7 million BTC** have already been mined (as of 2024).
2. The remaining ~1.3 million BTC will be slowly released over the next ~116 years.
3. The final Bitcoin will likely be mined in **2140**, but due to rounding effects, the last fractions may take even longer.
After 2140, #BitcoinSupply will remain fixed at **21 million**, making it a truly scarce asset.