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Thursday, 1 August 2019

85% of the world’s Bitcoin has been mined


Sound the alarm, bang the gong, yodel down an Austrian valley; as of yesterday over 85-percent of the total Bitcoin supply has been mined. But seriously, there’s no need to worry. According to various Bitcoin blockchain explorers and market information websites, over 17,850,000 Bitcoin (17,850,600 according to CoinMarketCap) have been mined and are classed as being “in circulation.” That’s a hair over 85 percent of the cryptocurrency‘s supply limit of 21 million coins. As a result, there are just over 3,000,000 Bitcoin left to mine, until we reach the fabled 21 millionth coin. There’s no need to panic, though. The…

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