What Happens After We’ve Mined all 21M Bitcoin?
There can never be more than 21 million bitcoin. From an investment standpoint, this is a good thing: Bitcoin can have long-term value because it’s finite. Additionally, we won’t have mined all the bitcoin until 2140. But the ever-decreasing availability of new bitcoins is already affecting the market and will have serious consequences way before 2140. In fact, we’ll have mined close to 100% of bitcoin by 2040. Though bitcoin mining will still be theoretically possible for another 100 years, bitcoin’s price and the nature of its transactions will never be the same. Here’s what you should know about the impending cap on one of the world’s most valuable currencies. We’ll Have Mined all 21M Bitcoin by 2140 2140 is the theoretical year we will create the last bitcoin block. Thereafter, it will be impossible to make even a fraction of a new bitcoin—no matter the demand. Per the law of supply and demand, bitcoin’s value could increase significantly once its supply becomes fixed. What pe