Bitcoin achieves significant milestone—most miners are predicted to exit before the next

This week, the Bitcoin network reached a notable milestone by mining its 20 millionth BTC, which leaves only 1 million coins to mine. The remaining supply may require around 115 years to fully unlock, presenting a significant challenge for miners.

By 2027-2028, many publicly traded Bitcoin miners are expected to exit the mining industry, focusing instead on AI and high-performance computing. Currently, miners possess only 0.5% of the circulating Bitcoin, a stark decrease compared to previous years.