What Happens When the Last Bitcoin Is Mined?

The Bitcoin network, designed with a finite supply of 21 million coins, just hit a significant milestone: the halving just chopped its inflation rate by 50% for the fourth time since its inception. As of now, 19,688,016 Bitcoin has been mined, leaving less than 2 million to be discovered over the next 120 years. This scarcity, coupled with the increasing demand for Bitcoin, is set to reshape the cryptocurrency's future.

The roadmap to the final Bitcoin being mined is a gradual process. By 2026, 95.24% of Bitcoins will have been mined, and by 2039, this figure will reach 99.52%. The mining of the penultimate Bitcoin is projected to occur around 2093.

Fast forward a little more to 2140, the year when the last Bitcoin (or realistically, the last satoshi—the smallest denomination of Bitcoin) is expected to be mined. By this time, Bitcoin's inflation rate would have flattened out.

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