Bitcoin Reaches Major Milestone as 95% of Total Supply Is Now Mined

Bitcoin, the world’s largest cryptocurrency, has crossed a significant milestone in its monetary lifecycle, as 95% of its entire supply has been mined so far

With roughly 19.95 million already mined, around 1,049,996 (1.049 million) BTCs are left to be issued before Bitcoin reaches its hard-coded maximum supply of 21 million. The milestone reinforces Bitcoin’s growing scarcity—a defining feature that many proponents, including Anthony Pompliano, have highlighted as a key advantage over inflation-prone fiat currencies

Projected Timeline for the Mining of the Last BTC

Even though only about 1.05 million BTC remain to be mined before Bitcoin reaches its fixed 21 million supply, these coins will not enter the market quickly. Due to Bitcoin’s halving schedule, the rate of new BTC issuance slows every four years as block rewards decrease

This gradual reduction ensures that mining becomes increasingly difficult over time, reinforcing Bitcoin’s deflationary design. At the current pace, the final fraction of Bitcoin—the 21 millionth BTC—is projected to be mined around the year 2140, more than 100 years from now