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📆 Understanding Bitcoin’s Supply Schedule

Author

Hector Alvero
June 25, 2024

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Understanding Bitcoin’s Supply Schedule

Bitcoin is unique in that the total supply is capped at 21 million coins. 

Bitcoin's economic model is also disinflationary in nature, meaning its inflation rate decreases over time rather than increasing or remaining constant. This is different from deflationary, which means the supply is decreasing. Bitcoin's disinflation is achieved through the mechanism of the Bitcoin halving.

Bitcoin Halving

Approximately every four years, the Bitcoin block reward (compensation miners receive for mining a new block) is cut in half. This process is called the “halving”, so naturally by the end of the first halving, an entire 50% of the entire bitcoin supply was mined.

What happens when all the Bitcoin are mined? Read the full post here to find out more.

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