Maximum bitcoin supply

Why the Bitcoin supply will never reach 21 Million | by

The theoretical total number of bitcoins, slightly less than 21 million, should not be confused with the total spendable supply. The total spendable supply is always lower than the theoretical total supply, and is subject to accidental loss, willful destruction, and technical peculiarities.

Here’s why Satoshi Nakamoto set Bitcoin’s supply limit to

maximum bitcoin supply
Cryptocurrencies with a Fixed Max Supply. Every cryptocurrency that has a finite, limited amount of currency.

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Consequently, the maximum number of total Bitcoins cannot exceed 21 million; unless the Blockchain protocol is changed for augmenting the maximum Bitcoin supply. The number 21 million corresponds to the 4-year reward halving time schedule; or the maximum capacity of a 64-bit floating point number.

Maximum Bitcoin Supply of 21 Millions - What Is The Origin

maximum bitcoin supply
The total supply of BTC is limited and pre-defined in the Bitcoin protocol at 21 million, with the mining reward (how Bitcoins are created) decreasing over time. This graph shows how many Bitcoins have already been mined or put in circulation.

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