85% of Bitcoin supply has been mined

This month will go down in history — more than 85 percent of the total Bitcoin supply has been mined in recent days. According to various Bitcoin blockchain explorers, there are more than 17 850 000 BTC in circulation at the moment. The actual number of bitcoins in circulation is much less because many of them are permanently lost.

Bitcoin anonymous creator Satoshi Nakamoto has limited the maximum amount of coins and made an issuance process transparent and predictable. As of now, there are less than 3 million coins left to mine. Please note, that miners will receive two times less BTC for every mined block after May 2020. During the process called halving mining reward will be reduced from 12.5 to 6.25 BTC.

Many cryptocurrency experts predict a substantial BTC price rise after halving due to supply reduction. It is still not too late to join the hype and earn some money with Bitcoin mining. Visit Hashmart.io and buy your first cloud mining contract to get profit!