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Bitcoin Mining News: What's The Future of Bitcoin Now That 90% Of All Bitcoins Have Been Mined?
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ndtv.comWhen Bitcoin was launched in 2009, not many were sure how it would play out. However, the world's first cryptocurrency gained rapid success and cemented its dominance as the market leader, far ahead of its competition.
Bitcoin has now passed another significant milestone. According to market data, 90 percent of all Bitcoins set to ever enter supply have now been mined. Ahead of Bitcoin's launch, its pseudonymous creator Satoshi Nakamoto had outlined in a white paper that there would ever be only 21 million Bitcoins. This cap on the upper limit was intended as a way to ensure the coin remains scarce and its value holds steady for years to come.
But what happens now? That 90 percent of all Bitcoins have been mined, the moot question is when
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