Bitcoin Reaches 20.1 Million Coins, 900k Left to Max

Bitcoin has reached a historic milestone: more than 20.1 million coins are in circulation out of the maximum possible 21 million. Only about 900,000 BTC remain to be issued before the limit is fully exhausted.

Mining the remaining coins will take significantly longer than previous stages. According to expert estimates, it will take approximately 115 years to mine the remainder.

The main reason for such a lengthy process is the halving mechanism. This procedure occurs roughly every four years and cuts miners' rewards in half, slowing down the rate of new coin issuance.