How many Bitcoins are there in total?
The total supply of Bitcoin is capped at 21 million coins. This limit was established in the original Bitcoin whitepaper by Satoshi Nakamoto as a way to create scarcity and ensure that the cryptocurrency remains deflationary over time. As of now, over 18.8 million Bitcoins have been mined, leaving approximately 2.2 million Bitcoins left to be mined through the process known as mining. The rate at which new Bitcoins are created decreases over time through a process called halving, which occurs approximately every four years. This controlled supply mechanism is one of the key features that differentiates Bitcoin from traditional fiat currencies.
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