85% of the Global #Bitcoins Supply Has Already Been Mined

As of August 2019, 10 years after its "Genesis", 85% of the Bitcoin supply is already in circulation. 

More specifically, there are only 3.15 million Bitcoins left to mine until sometime during the year 2140, when we're expected to be close to reaching the currency's 21 million coins limit.

The current reward for mining is 12.5 Bitcoins per block. But, when the next halving happens on the expected date of May 22, 2020, the incentive will become 6.25 Bitcoins per block created. 

Analysts believe that the May 2020 halving event will cause a Bitcoin price bump. (The halving is in place to control inflation. A central bank, a government entity or an individual cannot choose to make more Bitcoins when the supply gets too low. This reality makes Bitcoin a deflationary currency.)

Sene the whole article here: 

85% of the Global Bitcoins Supply Has Already Been Mined by KaylaMatthews

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