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New Record, 19 Million Bitcoin Successfully Mined

KOMPAS.com – Bitcoin (BTC) has set another new record in history. Crypto currency (cryptocurrency) was successfully mined to reach 19 million coins on Friday (1/4/2022).

This figure marks the highest amount of Bitcoin available stock since it was first discovered by Satoshi Nakamoto in January 2009.

The 19 millionth Bitcoin is mined in block 730002 belonging to mining platform SBI Crypto. For each block owned, SBI Crypto is able to mine up to 6.32 BTC which has a value of 293,000 US dollars (approximately IDR 4.2 billion).

Bitcoin’s achievements have attracted crypto activists, one of which is Morgan Creek Digital Assets Co-founder Anthony Pompliano.

Also read: Bitcoin Prices Drop, The Impact of the Russo-Ukrainian War

The man who once served as Lead Growth at Snapchat announced the big Bitcoin celebration through a post on Twitter.

Bitcoin ke-19.000.000 just mined. Only 2 million bitcoin more left,” he wrote.

Through posting In that case, Pompliano alluded to “2 million more Bitcoins left”, indicating the maximum number of Bitcoins that can be mined.

A number of experts predict that the stock of Bitcoin availability is able to penetrate the 21 million BTC mark. It’s just that the 21 million Bitcoin is not predicted to be able to be mined in the near future, at least until the year 2140.

Also read: Banned in China, Bitcoin mining is even more damaging to the environment

This is due to the “Bitcoin Halving” schedule which occurs every four years. This event was able to reduce the number of coins earned by Bitcoin miners, after completing mining 210,000 blocks.

The 18.5 millionth Bitcoin was first mined in September 2020 with an average of 6.32 BTC capable of being generated per block.

Collected KompasTekno from Coin TelegraphMonday (4/4/2022), the next “Bitcoin Halving” is scheduled to occur in 2024.

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