How many bitcoins can ever be created

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Since bitcoins can only be that can be mined is limited to 21 million units.

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Where Did Bitcoin Come From? � The True Story
By , 21 million Bitcoins will be mined, enhancing the network's scarcity and value. � Miners' Bitcoin rewards decrease after every , Key Takeaways. The maximum total supply of Bitcoin is. There will never be more than 21 million bitcoin. This limit, known as the hard cap, is encoded in Bitcoin's source code and enforced by nodes on the network.

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For example, if the Bitcoin Blockchain processes a large number of transactions in , Bitcoin miners may still be able to profit solely from transaction processing fees. Over years, a lot can change, and so it may happen sooner or later, perhaps even by more than year. This reduction in mining rewards can have both positive and negative effects on the mining industry and the Bitcoin network as a whole. This is possible only if Bitcoin is primarily used as a store of value rather than for daily transactions. It was created in by an anonymous person or group of people using the pseudonym Satoshi Nakamoto.