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Bitcoin surpasses 20 million mined, hitting 95% of total supply with final coins due by 2140

Protocol Fundamentals
08 Aug 2026
Crypto Briefing
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Bullish
Bitcoin surpasses 20 million mined, hitting 95% of total supply with final coins due by 2140

Bitcoin has reached a major milestone with over 20 million coins mined, representing more than 95% of its total capped supply of 21 million. This milestone highlights Bitcoin's engineered scarcity, as the remaining coins will be mined very slowly over the next century due to halving events that reduce mining rewards roughly every four years. Miners currently earn mostly from block rewards, but as these diminish, transaction fees will become increasingly important to sustain mining operations. The fixed supply and slowing issuance reinforce Bitcoin's appeal as a scarce digital asset, similar to gold, especially as some mined coins are permanently lost, reducing effective circulating supply.

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