Data: The 20 millionth Bitcoin has been mined

According to CloverPool Bitcoin Explorer data, after more than 17 years and two months since the birth of the Bitcoin genesis block in January 2009, the network has crossed one of its most important milestones, having mined a supply exceeding 20 million coins.

This milestone was reached at block height 939,999, with the current block subsidy being 3.125 BTC.

Previously, in November, the network had surpassed 95% of the total supply. As the network has undergone multiple halvings, the rate of new issuance has gradually slowed down, with less than 1 million BTC remaining in block subsidy rewards until miners ultimately rely entirely on transaction fees.

The next halving is expected on April 11, 2028. As each halving further reduces the issuance, the remaining supply will be released at an increasingly slower pace. Analysts estimate that the last 1 million coins will take over a century to mine, with the smallest unit, satoshi, expected to be issued around the year 2140.