RATE Group | Major Bitcoin Milestone: Only 3 Million BTC Left To Mine
65782
post-template-default,single,single-post,postid-65782,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Major Bitcoin Milestone: Only 3 Million BTC Left To Mine

18 Oct Major Bitcoin Milestone: Only 3 Million BTC Left To Mine

Posted at 19:41h in Bitcoin News by

[ad_1]

Each and every day, miners unlock more and more Bitcoin – as much as 1,800 BTC per day – into the circulating supply of the cryptocurrency.

Today marks a major milestone for the cryptocurrency, as the 18 millionth Bitcoin is mined, leaving only 3 million BTC remaining out of the hard-capped 21 million BTC supply.

Today, The 18 Millionth Bitcoin Will Be Mined, Leaving Only #3MillionLeft

Before Bitcoin, numerous attempts were made at creating a form of digital cash. Nick Szabo, who had been thought to be the cryptocurrency’s creator – Satoshi Nakamoto – first created the proof-of-work system that cryptocurrencies use today, but his Bit Gold invention failed to become widely used. After Szabo, Adam Back invented HashCash, yet another proof-of-work system. Today, Back is among the top Bitcoin developers and the CEO of Blockstream.

Satoshi Nakamoto eventually launched Bitcoin at the end of the global recession in 2009, solving many of the issues that prevented these predecessor…

[ad_2]

Source link

Tags:
, , , , , ,