BSV Inflation Analysis · October 2026 · Mixed flows · supply roughly steady

Bitcoin SV (BSV) supply is growing slowly and on a fixed schedule: +0.20% over the 90 days from Jul 30 to Oct 28 2026, and about +0.20% again over the next 90 days. Miners were paid 40,334 BSV of new coins at 3.125 BSV a block, and nothing was burned, bought back or locked away, so every new coin added to the float. BSV has a hard cap of 21M, and 20.10M are already mined.

The verdict, in one paragraph

BSV's circulating supply rose +0.20% in the 90 days to Oct 28 2026, and the next 90 days should look the same, because the block reward stays at 3.125 BSV until about April 2028. Other trackers show +0.17% for the same stretch, a difference of only 0.03 points, so the two readings agree and the coin page carries no warning note. There are no unlocks, no team wallets and no burn to argue about: the only moving part is mining. The label that fits is a quiet proof-of-work chain with low, steady, capped inflation.

Sell pressure: where new BSV comes from

Protocol inflation is the whole story. Bitcoin SV pays miners 3.125 BSV for each block they find, and between Jul 30 and Oct 28 2026 the chain added 12,907 blocks, about 143 a day. That came to 40,334 BSV of new coins, roughly 448 a day, worth about $0.73M at an $18 price. The 90 days before that produced almost exactly the same number of blocks, so the pace is steady, and miners usually sell part of what they earn to pay for power and machines.

Vesting unlocks are zero. BSV split from Bitcoin Cash in November 2018 with every existing balance copied across, and it never had a presale, a team share or an investor allocation, so nothing is waiting to vest.

Foundation and unscheduled unlocks are zero. The BSV Association, the Swiss non-profit that builds the node software, holds no published BSV treasury, and no team wallet sits outside the circulating count.

Long-term locked or bankruptcy coins are zero as new supply. The Mt. Gox estate was reported in 2020 to hold nearly 202,000 BSV that it planned to sell, with no later figure published, and a Chinese court has listed BSV among the coins seized in the Qian Zhimin fraud case without giving an amount. Both piles were mined years ago and already count as circulating, so selling them could weigh on the price but would not add a single new BSV.

Buy pressure: where new BSV goes

Programmatic buyback is zero. No contract, company or treasury buys BSV back; transaction fees go straight to the miner who found the block.

Protocol fee burn is zero. Bitcoin SV destroys no part of its fees. The well-known dead addresses, where coins can never be spent again, hold about 2,206 BSV in total, and they took in nothing in these 90 days.

Foundation buy is zero. No foundation, fund or listed company is known to buy BSV for the network, and there is no BSV fund on any stock market.

New long-term lock is zero. BSV has no staking and no lock contract, so no coins leave the float that way. With all four buy rows at zero, the full 40,334 BSV of new mining pay is the net change.

Foundation and overhang

Bitcoin SV has no team-controlled overhang: there is no team wallet, no treasury and no locked allocation that could be released. The BSV Association pays for its work from its own budget and has never published a BSV holding.

The large piles worth knowing about belong to others. The Mt. Gox estate was reported to hold nearly 202,000 BSVin 2020, and on Oct 16 2026 its trustee moved the repayment deadline to Oct 31 2027. The Qian Zhimin case covers coins seized in the United Kingdom, with BSV named on the list; a court in Tianjin accepted China's confiscation request on Sep 28 2026 and published it on Oct 13 2026. We recheck both every two weeks. If either pile starts to move to exchanges, it shows up as selling of coins that already circulate, not as new supply, and the coin page would name it.

How BSV compares to other proof-of-work chains

Bitcoin SV runs the same money schedule as Bitcoin and Bitcoin Cash: a 21M cap, a block about every 10 minutes and a reward that halves every 210,000 blocks. All three halved to 3.125 coins a block in the spring of 2024, so each adds about 0.2% to its supply every 90 days right now, and all three halve again around 2028. On new supply alone, BSV looks just like Bitcoin.

The difference is who pays for security. Bitcoin's miners earn the same 3.125 coins a block, but each coin is worth thousands of times more, and fees add to it. BSV's miners earn about $56 a block at an $18 price, plus tiny fees, so their margin is thin and most of the new coins are likely sold soon after they are mined. Litecoin, another capped proof-of-work coin, pays 6.25 LTC every 2.5 minutes and grows about twice as fast in percentage terms.

Compared with chains that have tail emission, such as Monero, which pays 0.6 XMR a block forever, BSV's new supply keeps falling and stops near 21M around the year 2140. Compared with proof-of-stake chains, BSV has no staking lock to hide coins from the float and no unlock calendar to watch.

What to watch in the next 90 days

From Oct 28 2026 to Jan 26 2027, mining should add about 40,300 BSV again. Only a big change in mining power would move that, by making blocks come faster or slower for a few weeks before the difficulty catches up.

The Tianjin confiscation case, published on Oct 13 2026, opened a six-month window for people with a claim, running to about Apr 13 2027, while a court in London still has to decide who owns the seized coins. Any BSV in that case is already counted, but a court-ordered sale would bring old coins to market.

The Mt. Gox estate's repayment deadline is now Oct 31 2027. No BSV sale has been dated, and any sale would again be old coins changing hands.

The next halving, at block 1,050,000 around April 2028, cuts the reward to 1.5625 BSV a block and halves the new supply. Teranode, the new node software first released publicly on Oct 14 2025, has no date for taking over block production, and it does not change the reward.

Summary

Bitcoin SV's supply grew +0.20% over the 90 days to Oct 28 2026 and is set to grow the same over the next 90 days. Miners received 40,334 BSV of new coins at 3.125 BSV a block, and nothing was burned, bought back or locked. BSV has no vesting, no team treasury and a 21M cap, with 20.10M already mined. The main supply risk is not new coins but old ones, like the Mt. Gox estate and the court-held coins of the Qian Zhimin case, being sold, while the next real change in new supply is the halving around April 2028.

MrNasDog Pressure Framework analysis of BSV, Metric 1 — Inflation. Data + explanation only. Not financial advice. Checked Oct 28 2026.