Bitcoin Mining Nears Completion as Over 7.5% of Supply Is Permanently Lost
Main Idea
Bitcoin mining is nearing completion with only 5.3% of the supply left to mine, while over 7.5% of the total supply is permanently lost due to lost wallets and forgotten private keys.
Key Points
1. Approximately 5.3% of Bitcoin remains available for mining as of July 24.
2. Over 7.5% of the total Bitcoin supply is permanently lost due to lost wallets and forgotten private keys.
3. The data comes from Curated Crypto and is used to evaluate Bitcoin’s market fundamentals and future price trajectories.
Description
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