Currently, over 93% of the total 21 million Bitcoin supply has been mined. This means that approximately 7% of Bitcoin remains unmined and will be gradually released until the year 2140. This milestone highlights Bitcoin’s unique deflationary nature compared to traditional fiat currencies. Bitcoin’s limited supply is a key factor in its value proposition. The Bitcoin network operates on a hard cap of 21 million coins, with new bitcoins introduced through mining. However, every four years, a halving event reduces the block reward for miners. This progressive reduction in the number of newly minted Bitcoins ensures that Bitcoin becomes increasingly scarce over time.