Where do new Bitcoins come from? There is no central bank printing them out of thin air.
New Bitcoins are minted through Block Rewards given to successful miners who write valid blocks.
⏳ The Halving Mechanism
- 2009: 50 BTC per block
- 2012: 25 BTC per block
- 2016: 12.5 BTC per block
- 2020: 6.25 BTC per block
- 2024: 3.125 BTC per block
Every 210,000 blocks (~4 years), the reward is cut in half. This predictable schedule caps the total supply at exactly 21 million BTC.
🧠 Today's Key Takeaway
- New Bitcoins enter circulation strictly as rewards for securing blocks.
- Halving guarantees programmatic scarcity up to the 21 million maximum.
