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What Happens After All 21 Million Bitcoins Are Mined
Bitcoin’s total supply is capped at 21 million coins. This fixed limit is a core part of the protocol and is expected to be reached around the year 2140. While this milestone marks the end of new bitcoin issuance, it does not mean the network stops functioning.
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1. No New Bitcoins Will Be Created
Bitcoin’s issuance follows a predictable schedule. Approximately every four years, the block reward (new BTC awarded to miners) is reduced by half through an event known as the “halving.” Eventually, this reward will reach zero. Once that happens:
- No new bitcoins will enter circulation
- The total supply will be permanently capped at 21 million BTC
- Inflation within the Bitcoin network effectively end.