Crypto Basics | Why are there only 21 million bitcoins?
The first three halvings took place in 2012, 2016, and 2020, with the block reward dropping to 25, 12.5, and 6.25 coins.
The total supply cap cannot be exceeded because nodes across the network validate new blocks according to the same set of rules, and blocks that award too many coins are rejected.
The issuance of new coins for $BTC is written into the protocol; no institution can issue extra coins on a whim. Current price: 77852.9.
Compare information from multiple sources before making a decision. Don’t just take one person’s word for it.
#BTC
The first three halvings took place in 2012, 2016, and 2020, with the block reward dropping to 25, 12.5, and 6.25 coins.
The total supply cap cannot be exceeded because nodes across the network validate new blocks according to the same set of rules, and blocks that award too many coins are rejected.
The issuance of new coins for $BTC is written into the protocol; no institution can issue extra coins on a whim. Current price: 77852.9.
Compare information from multiple sources before making a decision. Don’t just take one person’s word for it.
#BTC