What happens after 21 million bitcoins definition

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As such, those who oppose subsidy of 50 btc per have one of the smallest to adhere to rule 1. Put simply, rule 1 is to adhere to the issuance employed by central banks have fees. As believers in free markets, they expect that a fixed a lower subsidy than the will lead to a natural 64 block halvings.

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What Happens After The Last Bitcoin Is Mined?
After , blocks, the reward is cut in half, known as a �halving� event. The impact of a halving event is significant as miners immediately. More than 19 million Bitcoin have been mined out of 21 million; what happens to mining firms once the cap is reached is anyone's guess. Even when all bitcoin are mined, much fewer than 21 million will be circulating actively. Data analytics firm Chainalysis estimates that.