19,000,000th Bitcoin has just been mined – only 2 million left

2 years ago

Mining

Get your Bitcoins portion they past arsenic little than 10% are near to beryllium mined for the remainder of quality history.

2 min read

Updated: April 1, 2022

19,000,000th Bitcoin has conscionable  been mined – lone  2 cardinal  left

Cover art/illustration via CryptoSlate

Upland

The 19,000,000th Bitcoin has conscionable been mined astatine artifact #730003. This leaves conscionable 2 cardinal for the remainder of us. It seems that immoderate outlets were reporting the quality a little prematurely to commencement the enactment early. Running your afloat node is the lone mode to guarantee you usage up-to-date information. However, we are present officially implicit the enactment and we person had capable confirmations to study the news. You can’t blasted radical for wanting to observe aboriginal arsenic it is simply a momentous day. Miners volition not excavation the 20,000,000th Bitcoin until astir 2026, truthful it is simply a time to commemorate. Bitcoin surely is enjoying the infinitesimal arsenic the terms rallies backmost supra $46,000.

The 19,000,000th bitcoin was conscionable mined.

Only 2 cardinal much bitcoin to go.

— Pomp 🌪 (@APompliano) April 1, 2022

There were 3,158 transactions successful the artifact that broke the barrier, totaling 42,043 BTC. It was mined by a mining excavation called viaBTC. There is a statement online astir which artifact mined the 19 millionth coin arsenic antithetic nodes look to amusement contradicting information. Until we person much confirmations, we whitethorn not cognize precisely which artifact it was, but it is successful a scope betwixt 729998 – 730007 by my calculations.

Where are we successful Bitcoin history?

If you’re wondering wherever we are successful the Bitcoin timeline, here’s a snapshot of the existent advancement of Bitcoin. We person had 3 halvings since the archetypal Bitcoin was mined. At that point, determination was a 50 BTC reward per block. We are present down to 6.25BTC per block. This volition proceed until astir artifact 84,000 erstwhile it drops to conscionable 3.125 BTC per block. The array beneath shows we are successful the 4th era. The past Bitcoin volition beryllium mined successful the 34th epoch erstwhile the reward volition beryllium conscionable 0.00000001BTC per block. This is anyplace betwixt 120 – 140 years from now, agelong aft we’re each gone, truthful we tin lone speculate what volition hap then. Miners volition request to proceed mining to support the web moving and secure; and determination are respective options for what volition motivate them to bash so. However, the astir evident is that miners volition ain plentifulness of Bitcoin and inactive person fees from transactions. Who knows what 1 satoshi volition beryllium worthy successful implicit a 100 years?

bitcoin halvingSource: en.Bitcoin.it

Symbiosis

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