The 20 Millionth Bitcoin Has Been Mined — Why the Last Million Changes Everything
It took 17 years, two months, and one week to mine 20 million bitcoin. The remaining one million will take another 114 years. On March 10, 2026, at block height 939,999, the Foundry USA mining pool produced the coin that pushed Bitcoin past the 95.24% mark of its fixed 21 million supply cap. No ceremony, no countdown — just another block confirmed by proof of work, silently redrawing the scarcity math for every investor, miner, and sovereign treasury watching.
That asymmetry — 17 years for 20 million coins, 114 years for the last million — is the single most important number in Bitcoin economics right now. And it arrived just as institutions, governments, and corporations are competing for supply like never before.