How many Bitcoins are there in the world?
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Last updated
Last updated
How many Bitcoins are there in the world? There are 21 million and there will never be more than 21 million bitcoins. This limit, known as the hard cap, is encoded in Bitcoin's source code and enforced by nodes on the network. Bitcoin's hard cap is central to its value proposition, as a currency and an investment.
As of this moment, there are 1,903,062.5 bitcoins that have not been mined. There are 900 new bitcoins every day on average.
The entity that holds the most Bitcoins is widely recognized as the creator of this cryptocurrency, Satoshi Nakamoto. Nakamoto is said to have around 1.1 million BTC but has never touched them in years, leading to several theories about his identity.
Meanwhile, MicroStrategy is famous for owning more bitcoins than any publicly traded company. As of June 14, 2022, the Virginia-based business intelligence company holds 129,218 bitcoins, more than 2.5 times more than Tesla, the next largest bitcoin holder.
The average time to generate one Bitcoin is about 10 minutes, but this only applies to powerful machines. Mining speed depends on the type of Bitcoin mining hardware you are using.
