19th Million Bitcoin Has Just Been Mined. 2 Million BTC Left. When Will It Hit 21 Million? Details

Bitcoin (BTC), the largest cryptocurrency by market, has just attained a significant height. 19th million BTC has just been mined.

The milestone implies that 19 million Bitcoin are now in circulation, with just 2 million BTC yet to be mined.

The 19 millionth Bitcoin was mined by SBI Crypto at block 730002. In transaction fees and block rewards, SBI Crypto earned ‎6.32 BTC worth relatively $293,000.

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As expected, the rare occasion is currently trending on crypto Twitter. Many Bitcoin proponents, such as Anthony Pompliano, are currently speaking about the significance of the milestone and praising Satoshi Nakamoto for a job well done.

Anthony Pompliano tweeted, “The 19,000,000th bitcoin was just mined. Only 2 million more bitcoin to go.”

While speaking with Cointelegraph, the CEO of Kryptovault, Kjetil Hove Pettersen, said:

“We have only two million Bitcoin—less than 10% of the total—left to mine. This may seem like a small number at first glance, but I believe the best days of mining are still ahead of us.”

Founder of Bitcoin Bloem, Bert de Groot, also said, “19th million Bitcoin being mined today marks a historical moment,” adding that the milestone makes the Bitcoin community realize the importance of Satoshi Nakamoto’s work once more.

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When Will Bitcoin In Circulation Hit 21 Million?

Many people may think it remains a few years for Bitcoin miners to mint the last BTC into circulation, but the concept of Bitcoin halving, which slashes miners’ rewards by 50% every four years will make the mining of the remaining 2 million BTC slower.

As estimated by Bitcoin developers, the last Bitcoin will be minted approximately 118 years from now, which is the year 2140 by calculation.

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