🤓 Do you understand Bitcon’s monetary policy? That is, the supply of Bitcoin and the amount that is mined into existence every day? It’s pretty simple – and transparent.
For the first 210,000 blocks, or about 4 years, 50 BTC were mined every block (around 10 minutes). For the next 210,000 blocks, it was 25, then 12.5, then 6.25. It’s currently 3.125 BTC.
After 32 of these “Halvings”, around 2140, there will be 21 million BTC. No more will ever be created. Miners will earn only from transaction fees.
