Crypto 101 📚 Bitcoin’s Total Supply and Halvings
In April 2024, Bitcoin underwent its fourth halving at block 840,000, reducing the block reward from 6.25 BTC to 3.125 BTC.
Based on the current block production rate, all bitcoins are expected to be issued by around 2140.
I didn’t understand this back then—the money I wasted learning could’ve bought me bubble tea for months.
The issuance of new coins for $BTC is written into the consensus rules, and no organization can arbitrarily issue more.
In April 2024, Bitcoin underwent its fourth halving at block 840,000, reducing the block reward from 6.25 BTC to 3.125 BTC.
Based on the current block production rate, all bitcoins are expected to be issued by around 2140.
I didn’t understand this back then—the money I wasted learning could’ve bought me bubble tea for months.
The issuance of new coins for $BTC is written into the consensus rules, and no organization can arbitrarily issue more.