The number of mined bitcoins has reached 19.8 million units, and less than 1.2 million remain until the limit of 21 million coins is reached.

The fixed supply and halving cycles contribute to the scarcity of bitcoin, forming its long-term value.

As the issuance of new cryptocurrencies slows down, Virgin Bitcoin becomes increasingly rare, enhancing its appeal and value.

On the eve of Christmas 2024, bitcoin reached a significant milestone, hitting 19.8 million mined units. This leaves less than 1.2 million bitcoins left to be mined before the total supply limit of 21 million is reached. This event marks a key moment in the history of bitcoin, and the remaining coins are expected to be mined over the next century or more.