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On Monday, bitcoin (BTC) hit a psychologically significant milestone when 95% of the asset’s supply was officially mined.
The significant moment came when Antpool mined block 923,999, earning Bitcoin’s coinbase reward containing the 19,950,000th BTC.
Tens of thousands of nodes around the world enforce a hard-capped, 21 million-coin limit on BTC’s supply. (The precise number is actually slightly less.)
Although anomalous inflation bugs during Bitcoin’s early years have momentarily threatened to increase the supply, the network has matured and the community is strongly committed at this time to maintaining the 21 million cap.