Friday, Bitcoin 900,000 Abolished,, Which represents a huge milestone for the leading cryptocurrency.
The main event was widely celebrated in the Bitcoin community.
It took almost two years to rise to grow by 100,000 blocks. It is expected that a million landmarks are expected to be reached around May 2027.
The maximum possible supply of bitcoin is limited to 21 million coins.
During the first days of Bitcoin, each block offered a bonus of 50 BTC.
With each event, which occurs after every 210,000 blocks, this reward is reduced by half.
According to the data provided by Coinwarz, the next half event is expected to take place in March 2028 at a mass of 1050,000.
Ultimately, the mass bonus will be reduced to nearly 33-34 Halves. This will happen about 2140. By that time, the number of blocks is expected to exceed 6.9 million.
After that, the bumped blocks will not create a new metal coin. Instead, miners will depend only on the fees of transactions.
As of now, more than 3 in 4 coins have already been extracted from ever.
