Number 3 there can only be twenty one million bitcoins ever Here's a simplified 3 sentence description of how bitcoins are created People use sophisticated computer hardware to solve complex mathematical problems and process Bitcoin transactions Whoever solves a problem is rewarded with a block of coins which is released roughly every ten minutes Each block contains 12 5 bitcoins but this amount is cut in half about every 4 years thereby reducing the new supply over time Eventually this having will result in twenty one million bitcoins created and the last will be made in 21 40



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