Consumer and brand insights and preferences in various industries As you now understand, Bitcoin’s value comes from the scarcity of its supply — as more units are mined from the 21 million unit cap, the total available supply of Bitcoin is decreased, making each available unit more valuable as more are mined from this finite supply. Therefore, when Bitcoin was first launched in January 2009, no units had been mined yet. Its available supply was at its maximum (21 million units) and would not begin to gain a higher value until it gained more traction and use. Removing the fundamental driver behind Bitcoin’s value proposition is not in miners’ best interest. Although the change would increase miner revenue in bitcoin terms, the loss of faith in the Bitcoin network would result in a catastrophic and irreversible price collapse, leading to a net elongate crypto ticker loss of miner revenue in fiat terms.