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Just realized something interesting about bitcoin's total supply - we're already past 20 million BTC in circulation now. The crazy part? The last 1 million coins won't be fully mined for another 114 years or so. That's wild when you think about it.
So out of the 21 million total bitcoin supply cap, we've basically hit the 95% mark already. But because of how the halving schedule works, those final coins get released super slowly. Each halving cuts the mining reward in half, so the pace keeps slowing down exponentially.
Makes you wonder what the mining landscape will even look like in 2140 when the last satoshi gets mined. By then, transaction fees might be the main incentive for miners instead of block rewards. Definitely something to keep in mind when people talk about bitcoin's scarcity and that fixed total supply.