How many Bitcoins are left to mine?
There are currently 12.5 million Bitcoins left to mine. This means that about 4 million Bitcoins will be mined each year until the end of 2019. Bitcoin is a cryptocurrency and public ledger technology, so as more Bitcoins are mined, the transaction speed increases and fees decrease. If you have Bitcoin or know someone who would like to start mining, there is still time! Interest in Bitcoin still continues to grow on a daily basis and there have been many new developments such as Ethereum and Litecoin development. Most important is the rise in the number of Bitcoin companies that are accepting Bitcoin for payment. In terms of time remaining to mine: - Since the beginning of 2014, there will be about 8 million Bitcoins mined each year. - Since the beginning of 2011, there will be less than 3 million Bitcoins mined every year. The recent drop in price to below $500 (from over $1000) has become a catalyst for mining to increase again, catching many off guard including mining pools and ex