A total of 18.9 million BTC has now been discovered, with 2.1 million BTC left to find between now and 2140.
Getting your hands on newly minted Bitcoin will be easier said than done — this supply is going to gradually be released between now and 2140.
Bitcoin's limited supply has long been regarded as one of its most attractive attributes — especially because of the aggressive quantitative easing measures embarked on by central banks during the coronavirus pandemic.
As set out in the Bitcoin whitepaper by Satoshi Nakamoto, all the way back in 2008, a unique approach has been taken to distributing this digital asset.
It's expected that the next halving will take place in early 2024.
While halving events have previously been regarded as a crucial catalyst for Bitcoin price rises — with a parabolic bull run occurring 12 to 18 months later — a number of analysts now believe that halvings hold less importance, with bull cycles beginning to lengthen.
To ensure that miners remain incentivized to secure the network, transaction fees are going to play an increasingly important role in their revenues.