15 years of Bitcoin: A milestone in the financial revolution (1/2)
15 years ago, an event that would change the financial world as we know it took place. On October 31, 2008, an anonymous author using the pseudonym Satoshi Nakamoto published the famous "Bitcoin Whitepaper" on a crypto forum. This was the starting point of a financial revolution that led to the creation of the first decentralized cryptocurrency: Bitcoin.
Since then, Bitcoin has come a long way and has seen unprecedented growth and adoption. The cryptocurrency has overcome numerous challenges and has maintained its position as the leading cryptocurrency in the market. On January 3, 2009, the first Bitcoin block, known as the "genesis block", was mined by Satoshi Nakamoto, marking the official start of the Bitcoin network.
In these 15 years, the amount of Bitcoin mined has reached significant figures. As miners have dedicated their computing power to solving complex cryptographic puzzles and confirming transactions on the network, new Bitcoin blocks have been created. To date, approximately 19.5 million Bitcoins have been mined, which represents 93% of the 21,000,000 Bitcoins that will exist.
However, it is important to note that Bitcoin has a maximum supply limit of 21 million coins. This means that only 21 million Bitcoin can be created in total. With 19.5 million Bitcoin already mined, there are a limited number of coins left to mine. Scarcity is a fundamental characteristic of Bitcoin and has been one of the factors that has contributed to its increasing value over time.
As for the amount of Bitcoin left to be mined, it is possible to calculate it with some precision. Approximately every four years, an event known as a "halving" occurs. In a halving, the reward that miners receive for validating blocks is reduced by half. The last halving took place in May 2020, which reduced the reward by 12.5 a 6.25 Bitcoin por bloque. $BTC $ETH $BNB