329k Bitcoins Mined Since April 1, 2021

Bitcoins mined

Miners have mined 329,000 bitcoins year to date. This is according to data available at blockchain.com, a bitcoin explorer and data aggregator platform. Information available at the website shows that in the past one year, the rate of mining of the digital currency is nearly proportional with time.

The recent figure brought the  total volume of bitcoins mined since inception to 18.999 million. Miners are now competing for remaining 2,001,000 bitcoins. There are a total of 21 million that could come into circulation.

One Year Timeline

The asset mined in the past four months since January 1, 2022 are 83,000 bitcoins, according to the charts.

The volume mined in the past 3 months beginning February 1, 2022 are 53,000 BTC. This is 16.3% of all bitcoins mined in the past one year.

The quantity mined in the 6 months beginning November 1, 2021 are 138,000 bitcoins. This represents 58% of all bitcoins mined in the past one year.

The digital currency mined in the past one year are 329,000 BTC.

Average Payment Per Bitcoin Block

We can see that bitcoins are being mined at an increasing rate despite the increase in mining difficulty. This could mean that there are more mining businesses setting up shop.

The average payment per block mined ranges from 2.959k – 5.65k since the beginning of 2022. Roughly a year ago, the average payment per block for Bitcoin ranged from 3.029k – 7.236k. The total number of transactions on the Bitcoin network has increased steadily over time. The stats show that there have been 91.849 million transactions on the BTC network in the past one year.

On April 1, 2021, there were exactly 629.965 million transactions on the BTC blockchain. On March 31, 2022, the network witnessed 721.814 million transactions. There has been a 12.7% increase in the number of transactions on the network since the past one year.

This indicate that there is a higher adoption for BTC in the past one year. Of course no one should be surprised at this. There has been an increased interest by institutional investors in cryptocurrencies over the past year.

 

Author: Jinka Kamma

Jinka Kamma is passionate about the prospects of blockchain and the freedom cryptocurrencies afford people across borders. He holds small amounts of bitcoin and tether.