There will never be more than 21 million Bitcoin. This cap is one of the most important properties of Bitcoin. But how does it come about, and who makes sure it is respected? How new Bitcoin come into being New Bitcoin are created exclusively through mining. Whoever finds a new block receives a fixed reward, the so-called block subsidy. At the beginning of 2009 that was 50 Bitcoin per block. The halving: half every four years Every 210,000 blocks (about four years) this reward is cut in half. This is called the halving: - 2009: 50 Bitcoin per block - 2012: 25 Bitcoin - 2016: 12.5 Bitcoin - …
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