900,000 block mined $BTC

The formation of blocks in the Bitcoin network began at the moment the cryptocurrency network was launched in January 2009. Technically, each block represents a package of confirmed transactions that miners bundle together and add to the blockchain approximately every 10 minutes.

The creator of Bitcoin, Satoshi Nakamoto, formed the first block, the genesis block, on January 3, 2009, at approximately 18:15 UTC. Who is hiding behind the pseudonym and where the developer is now remains unknown. Despite Satoshi's disappearance from the online space, his work continues to live on. Today, mining blocks is carried out by miners. For their work, they receive rewards in the form of newly mined BTC coins from the network and user fees for transactions.

Meanwhile, the difficulty of Bitcoin mining remains at record levels. This metric shows how difficult it is to mine a new block.

The number of unmined Bitcoins continues to decrease. Let us remind you that a total of 21 million coins will be issued. Of these, 19,874,591 BTC, or over 94% of the emission, are already circulating in the market. $ETH $SOL