How much has been extracted from the entire bitcoins of world ?

[farhadteshne]

hello to all

Extraction of 80% of the bitcoins that will exist in the world will end. That means only 20% left to extract the exploiters. This makes it harder to get bitcoin in the future.

Only 4.2 million bitcoins are left to be extracted

Eventually, there will be only 21 million bitcoins in the world, no less, no more

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How many years does it take to extract the remaining 20%?    =======>   About 122 more years

[williamshennie9]

I think it will take longer than that, due to the fact that the algorithm gets harder to solve each time a bitcoin is mined. There may be less incentive for miners to mine, if the difficulty increases to a point where it is unprofitable for miners to continue.

[ceastem]

27 minutes ago, williamshennie9 said:

I think it will take longer than that, due to the fact that the algorithm gets harder to solve each time a bitcoin is mined. There may be less incentive for miners to mine, if the difficulty increases to a point where it is unprofitable for miners to continue.

Which leads them to stop or maybe absorbd by larger companies. I think especially when btc is maxed out, its price will also boost exponentially due to fewer ways to obtain it. Ehich id good for us in the long run ofc

[blueprints]

I believe they will create/invent new mining rigs that are even faster then what we have now. Technology doesn't seem to stop advancing these days. Who knows, maybe we will soon have a working quantum computer that can hack bitcoin addys too 😮 

[irawk0]

You know what's really sad about this? According to Mlc's news post 

25% of all the bitcoins in circulation are estimated to have been lost forever, aka 20% of the entire bitcoin blockchain. That means even if every single bitcoin is mined in the next century+, it would have only just covered the gap left by those lost-forever bitcoins (assuming from now on not a single satoshi is lost)