The 19th Million Bitcoin ($BTC) has been mined.
There is 19 million Bitcoin in circulation, with only 2 million Bitcoin yet to be mined until around the year 2140.
The 2 millionth block (Block 730002) was mined by SBI Crypto. The rewards earned by SBI Crypto were 6.32 BTC, equalling roughly $293,000.
Currently, each block that is mined rewards 6.25 BTC, the next halving where this number is cut in half is scheduled for 2024.
This number of 19 million BTC being mined, shows the scarcity of the cryptocurrency. It highlights that it will get harder and harder to purchase coins as time goes on as adoption rates rise and coins being mined into circulation shrink.
Number of Bitcoins in circulation worldwide from October 2009 to March 24, 2022
