Bitcoin: Only 2.5 million remaining to be mined, is there a shortage?

No more Bitcoin to mine: what will happen?

Is bitcoin mining still profitable today?

Bitcoin: Demand Still Rising

To a greater interest and acceptance of crypto-currencies

The last Bitcoin, not mined until 2140?

Bitcoin: Only 2.5 million remaining to be mined, is there a shortage?

No more Bitcoin to mine: what will happen?

One of the main characteristics of the Bitcoin currency is its limited supply; there are only 21 million Bitcoins that can be mined in total. But what does ‘mined’ mean?

  • 88,107 % of Bitcoin issued to date
  • That is, 18, 502,412. of Bitcoin in circulation

Is bitcoin mining still profitable today?

There is also the question of whether mining will still be profitable once all bitcoin has been mined. By the way, the Bitcoin mining process rewards miners with a piece of Bitcoin after a block has been successfully verified.

Bitcoin: Demand Still Rising

A survey conducted by Grayscale in 2019 to get a better idea of the people who are interested and investing in Bitcoins. Conducted by Q8 Research, this survey interviewed: 1100 US investors aged 25–64 years old about Bitcoin.

  • The average age of investors is 45 years old and the average investor interested in Bitcoin is 42 years old. This contrasts with the misconception that Bitcoin is only popular among millennial and other young investors.
  • Men are also more likely to be interested in Bitcoin than women. While the overall investor base surveyed was 49% male and 51% female, men accounted for 57% of those interested in Bitcoin.

To a greater interest and acceptance of crypto-currencies

In 2020, more than a third of large institutional investors hold cryptographic assets, and the most popular of these would be Bitcoin according to a recent survey published in June by Fidelity Investments.

The last Bitcoin, not mined until 2140?

ChartBTC said in a tweet on September 27, 2020:

ChartBTC statistics 2020

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