As of the beginning of 2020, there are approximately 61 million Ethereum Classic (ETC) in circulation. This number will continue to decrease over time as more ETC are mined and taken out of circulation.
The total supply of ETC is capped at 210 million, so eventually there will only be a finite number of ETC in existence. The amount of ETC left unmined is called the “ether supply”.
The current circulating supply of Ethereum Classic (61 million) was mined over a period of about two years from its launch in July 2016 to June 2018. In that time, the mining reward was 5 ETC per block.
NOTE: Warning: It is not possible to know exactly how many Ethereum Classic are left. The total supply of Ethereum Classic is finite and the number of coins that are available to be mined is constantly changing. Investing in any cryptocurrency carries a high degree of risk and Ethereum Classic is no exception. Before making any financial decisions, it is important to do your own research and consult with a qualified financial advisor.
At the current mining reward of 3 ETC per block, it will take approximately another four years to mine all 210 million ETC.
The actual number of Ethereum Classic left unmined is slightly less than the theoretical maximum because a small percentage (less than 1%) has been lost or permanently locked up over time. For example, some early investors may have lost their private keys or accidentally sent their ETC to an incompatible address.
As a result, it’s estimated that there are around 209 million “unlocked” or “unspent” ETC, which will eventually enter circulation as they are mined.
In conclusion, there are around 61 million Ethereum Classic currently in circulation and 209 million still left to be mined. The total supply of Ethereum Classic is capped at 210 million, so eventually there will only be a finite number of ETC in existence.
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