Cryptocurrency basics | Why can there only ever be 21 million bitcoins?
At the current block creation rate, it’s estimated that all bitcoins won’t be mined until around 2140.
The 21 million cap holds because nodes across the network check new blocks against the same rules, and reject any block that claims too much in rewards.
$BTC ’s issuance schedule is hard-coded into the consensus rules; no organization can issue extra coins on a whim.
When you hear claims of high returns, take them with a grain of salt.
At the current block creation rate, it’s estimated that all bitcoins won’t be mined until around 2140.
The 21 million cap holds because nodes across the network check new blocks against the same rules, and reject any block that claims too much in rewards.
$BTC ’s issuance schedule is hard-coded into the consensus rules; no organization can issue extra coins on a whim.
When you hear claims of high returns, take them with a grain of salt.