Bitcoin Mining Approaches Conclusion: Only 6% Left to Mine
On December 10, Binance founder CZ stated on Twitter that of the total 21 million Bitcoins, 19.8 million have been mined, accounting for 94% of the total supply. With mining rewards halving every four years, the supply of Bitcoin is strictly limited by mathematical algorithms, and this unique mechanism continues to drive up its scarcity.
Scarcity Drives Value
The remaining 1.2 million Bitcoins are expected to be gradually mined over the next 100 years. As supply gradually dwindles, Bitcoin's scarcity will become more pronounced, especially against the backdrop of the current acceleration of institutional entry, making its value potential highly anticipated by the market.
Why It’s Worth Noticing?
Unlike fiat currencies, Bitcoin does not depreciate due to excessive issuance. Its fixed total supply makes it a preferred asset for hedging against inflation. Now that the mining process is nearing its end, this news once again emphasizes Bitcoin's store of value logic for long-term investors.
For those holding coins, remember to hold on tight, or you might not even get a share of the "last 6%!"
