90% of all Bitcoins have now been mined

According to data from Blockchain.com, 90% of all Bitcoins

as of Monday, 12 years after the first bitcoins were mined.

That means that about 18.9 million coins,

, are now . According to CoinDesk, mining the last 10% February 2140, based on and .

When the quantity of new Bitcoins

is halved, which happens every four years, it is known as Bitcoin halving. It is the process of halving miners' rewards when they have successfully mined . Mining then will become more difficult as the halving process continues. Miners are now paid roughly 6.25 Bitcoins for each mined block, but this will reduce to half in 2024.

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