$BTC Bitcoin is a cryptocurrency created in 2009 by an unknown figure under the alias Satoshi Nakamoto. This cryptocurrency is built on the foundational principles of blockchain, which allows for a recorded unalterable, decentralized ledger of transactions to be maintained on a distributed network with no single point of failure.
Bitcoins are created through the “mining” process, which relies on specialized computers to solve math puzzles of ever-increasing complexity. There is a finite supply of just 21 million bitcoins, meaning no more can be mined once that number is reached. Most sources project that the last bitcoin will be mined in 2140. As of the beginning of 2024, some 19 million coins have already been mined.
