How many bitcoins are created in each block reward?
Guess before you scroll — the answer is below
The answer
3.13 bitcoins
Roughly 3.1.
The block reward is 3.125 bitcoins, halving roughly every four years by design. It started at 50 in 2009 and will reach zero around 2140, at which point exactly 21 million will exist and no more can be made.
How to get close to this number
Work back from the halvings. The explanation gives the starting value of fifty in 2009 and a halving roughly every four years. Fifteen years is close to four halvings, so fifty halved four times gives a bit over three — and the arithmetic is more reliable than recall because the schedule is fixed.
That fixed schedule is the design point. The issuance rate is written into the protocol and nobody can change it without consensus, which makes the supply curve knowable decades in advance. Almost no other asset has a publicly verifiable, pre-committed issuance schedule running to the next century.
The endpoint in the explanation is the structurally significant part: rewards reach zero around 2140, at which point exactly twenty-one million will exist. A supply cap enforced by arithmetic rather than by an institution is the entire economic proposition, and the block reward is the mechanism that delivers it.
Where this number comes from
| Source | Bitcoin protocol specification |
|---|---|
| Figure refers to | 2024 |
| Last checked | |
| Unit | bitcoins |
Numbers move. If this one has drifted from its source, let us know.
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