The total number of BSV coins issued is 21 million. Similar to Bitcoin, it adopts a fixed halving issuance plan and is expected to reach the upper limit around 2140.
Total BSV currency issuance
Total issuance :
The total issuance of Bitcoin Cash SV (BSV) is limited to 21 million.
Issuance Mechanism:
The issuance of BSV coins follows the same principle of Bitcoin mining, which is to verify transactions through complex calculations. Every time a miner successfully validates a block, they are rewarded with new BSV coins.
Issuance Speed:
The mining reward for BSV coins is halved every 210,000 blocks, a process that occurs approximately every four years. This process, known as “halving,” aims to gradually reduce the number of BSV coins in circulation, making it a scarce asset.
Current circulation:
As of February 2023, the number of BSV coins in circulation is approximately 19 million. This means there are approximately 2 million BSV coins that have yet to be issued.
Factors affecting the total issuance:
The total issuance of BSV coins is not affected by the following factors:
- Forks: Even if BSV undergoes a fork, the total amount issued remains the same.
- Lost or Stolen Coins: Lost or stolen BSV coins will not affect the total issuance.
- Destruction: BSV coins cannot be destroyed, so the total issuance will not be reduced.
The limited issuance of BSV coins may lead to higher value and scarcity over time.
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