Bitcoin Facts and Statistics for 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

When did Bitcoin begin?

2009

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Who started Bitcoin?

Satoshi Nakamoto

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Bitcoin Statistics

How many Bitcoin are there?

17.850 million

Last updated 8/1/19

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Percentage of Bitcoin that has been mined to date:

85%

Last updated 8/1/19

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Bitcoin share of the global cryptocurrency market:

56.9%

Last updated 5/25/19

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Total number of transactions:

400 million

Last updated 4/9/19

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Average number of transactions per day:

350,000

Last updated 4/9/19

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Estimated number of Bitcoins that have been lost:

3.8 million

Last updated 11/27/17

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Average amount of transactions processed daily:

$6 billion

Last updated 5/25/19

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Day with the highest value transacted over the network:

November 16, 2017 ($2.8 billion)

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Maximum number of bitcoins that can ever be created:

21 million

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Market cap:

$100 billion

Last updated 8/26/19

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Amount that initial coin offerings (ICO) raised in 2017:

close to $2 billion

Last updated 9/7/17

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Total revenue from Bitcoin revenue to date:

$14 billion

Last updated 8/24/19

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Number of mining nodes:

9,478

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

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1% of all Bitcoin wallets control $100 billion in Bitcoin

Last updated 9/18/18

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Amount of energy the network consumes:

64.15 terawatt hours per year (More than all of Switzerland)

Last updated 7/4/19

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

Last updated 7/4/19

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