Circulating supply

how many bitcoin exist

How many bitcoin have ever been mined and therefore exist. It rises in steps that halve roughly every four years and will stop just under 21 million.

DefinitionThe sum of REALISED issuance, that is the coinbase output minus fees actually claimed, not the halving schedule. At least 1,030 blocks claimed less than they were allowed, so summing the schedule gives the wrong answer.

LimitIt counts coins that are provably lost, and it counts coins burned to data outputs, which have left the UTXO set. Keeping burns in is a deliberate choice: it makes supply = created - spent an exact identity that every cointime measure leans on. The 51.16 BTC involved are charted separately.

UnitBTC