The year 2024 was filled with major milestones for Bitcoin, from reaching new all-time highs to multiple governments considering a Bitcoin reserve. However, the data shows that less than 1.19 million BTC remain to be mined.
Unmined Bitcoin is becoming even more scarce in terms of remaining supply as more people around the world get excited about the idea of wider Bitcoin (BTC) adoption.
Data from Clark Moody revealed this there As of December 26th, only 1,198,640.60 BTC remained unmined. Meanwhile, 94.29% of the Bitcoins had already been issuedwhere 220.32 BTC is invalid for payments.
Eight countries, including Venezuela, China and most recently Russia, have banned Bitcoin mining for energy reasons. Meanwhile, high energy tariffs have made Bitcoin mining even more expensive than ever in countries that allow it.
According to crypto.news, Bitcoin has a circulating supply of 19.8 million BTC, with a maximum supply of 21 million BTC.
Bitcoin’s market capitalization is nearly $1,890 trillion, remaining the cryptocurrency with the largest market capitalization. Over the last 24 hours, Bitcoin has fallen by 3.4%. At the time of writing, BTC is currently trading at $95,280.
Bitcoin also has a fully diluted valuation of $2,004 trillion and a 24-hour trading volume of $41 billion.
On December 17, Bitcoin reached its most recent all-time high of $108,280. Following an uptrend in the crypto market, the cryptocurrency crossed the $100,000 threshold for the first time on December 5…
