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So, to put things into perspective, Satoshi Nakomoto definitely did put in great thought into total of minutes and since of itself the supply of the bitcoins, therefore, creating an automatically adjusting supply of bitcoins. On average, one Bitcoin is mined every 10 minutes, and the rigs involved availablw creating stood at a whopping 50.
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What Happens When ALL 21 Million Bitcoin Are Mined?Current data shows that million bitcoins have been mined to date. However, of that amount, it is estimated that between million. The maximum total supply of Bitcoin is 21 million. The number of Bitcoins issued will likely never reach 21 million due to the use of rounding operators in the. Currently, there are around million bitcoins in circulation out of a capped supply of 21 million. The capped supply is designed to create scarcity.
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