There are 21 000 000 bitcoins. That's the limit that was set by Satoshi Nakamoto, the creator of Bitcoin. But how long does it take to mine all those bitcoins? And what happens when we do reach this limit?

The maximum number of bitcoins that will ever be in circulation is 21 000 000. This number was reached over 100 years ago (Bitcoin's first block was mined on January 3, 2009).

All bitcoins are created as rewards for solving complex mathematical puzzles; this process is called mining. Since its inception, Bitcoin has undergone several forks—the most recent being in 2017 when a fork created Bitcoin Cash and another fork called Litecoin split off from Bitcoin's blockchain.

However, because of the way Bitcoin works, this number will be reached over 100 years.

Bitcoin is designed to be mined over a long period of time by people who are not professional miners or mining companies. The reason for this is that it allows Bitcoin to scale up gracefully and ensure that there are always sufficient resources available for all users at any given time.

You may have heard of Bitcoin, but what exactly is it? Bitcoin is a decentralized digital currency that was created in 2009. It's similar to traditional money, except instead of being issued by a central bank or government agency, bitcoins are created by people who use their computers to solve math problems.

This process of solving math problems and earning Bitcoins is called mining. People can also get paid for other tasks like proof-of-stake voting or running apps on the network (like miners).

Mining is a very competitive business. It's getting harder and harder to mine bitcoin, but it's already very difficult to mine bitcoin. It will only get harder from here on out!

When you hear the term "Bitcoin," you might think of a digital currency that's decentralized. But what exactly does that mean?

Bitcoin is not controlled by any one person or group. It's not controlled by any government, either—just like the Internet itself! The fact that it exists as a global network means there can never be more than 21 million bitcoins at once (the number of coins created in 2009). Bitcoin isn't owned by anyone except its users themselves; no single entity has control over it or its price fluctuations. And if companies start accepting Bitcoin payments? They'll have to compete with each other for both customers and merchant fees!

We won't reach the 21 000 000 limit for a very long time. It will take over 100 years to do so, because of how bitcoin works. Bitcoin is getting more centralized and centralizing as time goes on, which means there are fewer bitcoins in circulation than before.

This also means that if you want to buy something with your bitcoins at some point in the future—and it's not already sold out—you'll have to wait until someone else wants those same bitcoins and sells them off first before you can get yours back out of thin air again!

We won't reach the 21 000 000 limit for a very long time. It will take over 100 years to do so, because of how bitcoin works. Bitcoin is getting more centralized and centralizing as time goes on, which means there are fewer bitcoins in circulation than before.

This also means that if you want to buy something with your bitcoins at some point in the future—and it's not already sold out—you'll have to wait until someone else wants those same bitcoins and sells them off first before you can get yours back out of thin air again!