20M+ $BTC already mined. Only ~1M left to go.
The final 1M could take 114 years to mine due to halving mechanics.
This isn't emerging scarcity—it's hardcoded scarcity. The supply cap of 21M $BTC is enforced at the protocol level, with block rewards halving every 210,000 blocks (~4 years). We're currently at ~6.25 $BTC per block, dropping to 3.125 in 2024.
By design, the last satoshi won't be mined until roughly 2140. The issuance curve is asymptotic—mining rewards approach zero but never quite reach it, making $BTC the first truly predictable monetary asset in history.
The final 1M could take 114 years to mine due to halving mechanics.
This isn't emerging scarcity—it's hardcoded scarcity. The supply cap of 21M $BTC is enforced at the protocol level, with block rewards halving every 210,000 blocks (~4 years). We're currently at ~6.25 $BTC per block, dropping to 3.125 in 2024.
By design, the last satoshi won't be mined until roughly 2140. The issuance curve is asymptotic—mining rewards approach zero but never quite reach it, making $BTC the first truly predictable monetary asset in history.