Bitcoin

Last Updated on: December 15th, 2024


What is Bitcoin?

Bitcoin is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is pretty much like cash for the Internet. Bitcoin can also be seen as the most prominent triple entry bookkeeping system in existence. (source)

Bitcoin Facts

bitcoin statistics facts

When did Bitcoin begin?

2009


Who started Bitcoin?

Satoshi Nakamoto


Bitcoin Statistics

How many Bitcoin are there?

17.850 million (2019)


Percentage of Bitcoin that has been mined to date:

85% (2019)


Bitcoin share of the global cryptocurrency market:

48.6% (2024)


Total number of transactions:

400 million transactions (2019)


Average number of transactions per day:

350,000 transactions (2019)


Estimated number of Bitcoins that have been lost:

3.8 million (2017)


Average amount of transactions processed daily:

$70 billion (2024)


Day with the highest value transacted over the network:

November 16, 2017 ($2.8 billion)


Maximum number of bitcoins that can ever be created:

21 million


Bitcoin Market cap:

Approximately $2 trillion (2024)


Total revenue from Bitcoin revenue to date:

$14 billion (2019)


Number of mining nodes:

9,478


Mining Bitcoin takes 2x as much energy as it does to mine gold, platinum or copper.


1% of all Bitcoin wallets control $100 billion in Bitcoin (2018)


Amount of energy the network consumes:

160 terawatt-hours per year (2024)


Bitcoin accounts for roughly 0.25% of the world’s electricity consumption. (2019)




Please note that some of these numbers are easier to find than others. Most of these fun facts come from internet reports and may not be official tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.