BTC issued supply Β· est.
β BTCProtocol model Β· estimate
β of the ceiling
@55 MARKETS / SUPPLY INTELLIGENCE
Crypto emission rate.
Understand the supply behind the asset. Compare issuance, scarcity and the rules that shape each network.
Explore the networks21MBitcoin's supply ceiling
Protocol rules + supply snapshotsEstimates clearly identified
New BTC per day
β BTCEstimated at 144 blocks/day
β BTC per block Β· subsidyAnnualized issuance
β / yearβ BTC Β· estimated gross issuance
At the current block subsidyNext halving EST.
β β50%Projected block β
β01 / BITCOIN
Scarcity, by design
A predictable supply schedule. A progressively smaller issuance.
Modeled issued supply Β· BTCFuture dates are estimates
Model: historical halving dates + 10-minute target blocks for future eras. Excludes lost coins. Not a live count of spendable BTC.
May 2020 6.25 BTC
Block 630,000
Apr 2024 3.125 BTC
Block 840,000
Apr 2028 est.1.5625 BTC
Block 1,050,000
Apr 2032 est.0.78125 BTC
Block 1,260,000
Apr 2036 est.0.390625 BTC
Block 1,470,000
02 / NETWORK COMPARISON
Same market. Different rules.
A supply cap, a burn mechanism and a release schedule tell different stories.
| Network / policy | Circulating | Total issued | Maximum supply | Circulating / cap |
|---|---|---|---|---|
| β | β | β | β | |
| β | β | β | β | |
| β | β | β | β | |
| β | β | β | β | |
| β | β | β | β | |
| β | β | β | β | |
| β | β | β | β | |
| β | β | β | β | |
| β | β | β | β | |
| β | β | β | β |
Select a network to read its policy below.B = 1,000 million Β· M = million Β· β = unavailable / not applicable
βΏ
Bitcoin / SUPPLY POLICY
Halving every 210,000 blocks
The block subsidy halves every 210,000 blocks. Miners also earn transaction fees, which transfer existing BTC and do not create new supply. The supply chart is a schedule estimate, not a live blockchain measurement.
Official documentation03 / READING THE DATA
The details that make a difference
Issuance β circulating supply
Issuance creates new coins. Unlocks and reserve releases can put existing coins into circulation without creating them. A fixed cap does not eliminate dilution from unlocks.
Gross vs. net inflation
Gross issuance counts new coins. Net issuance subtracts burns. To measure an actual annual rate, you need both flows over the same period; a supply snapshot alone is not enough.
Scarcity is one piece
A lower issuance rate does not guarantee a higher price. Demand, liquidity, fees, staking participation and unlocks also matter. Staking yield is not the same as supply inflation.