Bitcoin Supply and Inflation Rate (Live Chart)
How many bitcoin exist and how fast new ones are minted. The halving cuts issuance in half every four years on the way to 21 million.
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Annualized inflation rate on the left axis and total supply in millions on the right, with dashed lines marking the halvings.
Drag across the chart to zoom into any span. Reset zoom to go back.
This is Bitcoin's fixed monetary schedule, not a forecast. Issuance is set in code and only changes at the halvings, so the one real-world unknown is the exact timing of blocks.
This chart shows two sides of Bitcoin's money supply. The grey line is the total number of coins in existence, climbing along a curve that flattens as it approaches the hard cap of twenty-one million. The orange line is the inflation rate, the pace at which new coins are being added each year.
The stair-step shape of the orange line is the halving at work. Roughly every four years the reward paid to miners for each block is cut in half, which instantly halves the rate of new supply. Bitcoin's annual inflation has fallen from over fifty percent in its earliest days to under one percent today, already below the pace at which most central banks expand their currencies.
It is the most predictable part of Bitcoin. Unlike price or hash rate, the issuance schedule is fixed in the software, so the only real uncertainty is timing, since blocks arrive a little faster or slower than the ten-minute target. For where the next halving falls, see the halving countdown.
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