The 19 Millionth Bitcoin Has Been Mined: Why It Matters Today

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The 19 millionth bitcoin has just been mined, data from Bitbo shows, leaving less than two million BTC remaining for miners to put in circulation as the Bitcoin network tick-tocks its way through a fixed issuance schedule until it reaches the 21 million supply limit and doesn’t create any new bitcoin ever again.

The milestone demonstrates how Bitcoin’s creator, Satoshi Nakamoto, was able to join together decades of research in different areas of computer science to achieve scarcity in the digital realm, a unique feature central to Bitcoin’s value proposition.

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