62 Surprising Facts You Didn’t Know About Bitcoin
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As of October 2-21, 2017, Nakamoto owns $5.9 billion worth of Bitcoin.
3-Satoshi Nakamoto was nominated for the Nobel Prize in Economic Sciences in 2015.
4-Bitcoin currency is not under the control of a single organization or government.
5-As of September 2017, there are 16.5 million BTC in the market. This number can be a maximum of 21 million.
6- The top 1,000 bitcoin addresses control 34.28% of the total BTC in circulation.
7-Bitcoin transaction fees increased by 1289% from March 2015 to February 2017.
8-According to Infasys research, 69% of banks are experimenting with permissioned blockchain.
9-The value of the Bitcoin market is 75.8 billion dollars as of August 2017.
10- 64% of Bitcoins have never been used and perhaps will never be used.
11- Bitcoin wallet called Blochain raised $40 billion from Google startups and Richard Branson.
12- Circle, Blockstream and Digital Asset Holdings are the three major Bitcoin companies.
13-The FBI owns 1.5% of the total Bitcoins in the world.
14-Blockchain registration technology could save 8-12 billion dollars if used by the world's 10 largest investment banks.
15- In 2015, only 802 citizens in the USA declared Bitcoin income.
16-The two major Bitcoin exchanges that were hacked were Mt.Gox in 2014 and Bithumb in June 2017.
17-SatoshiDice – The world's first company acquisition with Bitcoin was made in 2013 with 126,315 Bitcoins.
18- A person named Nakowa won 11,000 BTC from the gambling site. (His net worth was $1.3 million in 2013 and $67 million in October 2017.)
19-Chinese mining pools control approximately 81% of the total hashrate of the Bitcoin network.
20-Antpool- Chinese mining pool mined 20% of all blocks between 2016-2017.
On May 21-22, 2010, two pizzas were worth 10,000 Bitcoins. On May 22, 2017, these pizzas are worth $20 million.
As of September 22, 2017, there are 16,300 Stargazers (Bookmarks) and over 10,000 Forks of Bitcoin on GitHub.
23-Bitcoin transactions are measured in Satoshi/byte unit. 1 Satoshi=0.000000001 Bitcoin.
24-When the wallet disappears, Bitcoin also flies! James Jowell lost 7,500 Bitcoins worth £4 million when he threw away his hard drive.
25- The number of Bitcoins given as a reward for mining is halved every 4 years. When this transaction occurs 64 times, all 21 million Bitcoins will be in the market.
26- A new money block is solved every 10 minutes.
27-All Bitcoin transaction data is transparent and visible on the Blockchain.
28-SHA256- A cryptographic hash function is used in Bitcoin address creation.
29-4000. Bitcoin was donated to Wikileaks in November 2016. 4,204 BTC was reached in September 2017.
30-The Bitcoin network is more powerful than 500 supercomputers combined.
31-Bitcoin transactions are irreversible. In 2016, a Bitcoin user accidentally sent $137,000 instead of $5 and did not receive it back.
32 million bitcoins are expected to come into use within 10-17 years.
The 33-21 million Bitcoin limit will be reached in 2140.
34- Austin Craig and Beccy Bingham's famous “Life on Bitcoin” tells how they lived with only Bitcoin for 90 days.
35-Alphabay Pisher and Phishkingz earned $1 million in 14 months by stealing Bitcoin.
36-The University of Nicosia in Cyprus became the first university to accept the payment of school fees in BTC.
37-VIRGIN GALACTIC, a hypothetical space travel adventure club, accepts Bitcoin.
38- Companies that accept Bitcoin payments; Microsoft, Overstack, Dell, Expedia, Dish Network
39-Bitcoin is valid in 300,000 shops in Japan in 2017.
As of September 40-6, 2017, Ethereum at $29.8 billion and Bitcoin Cash at $8.8 billion are the other major cryptocurrencies trailing Bitcoin.
41-90% of all Bitocin addresses have less than 0.1 BTC.
42- Roger Ver with 52 million, Charlie Shrem with 45 million and Dave Carlson with 35 million are some Bitcoin millionaires.
43- A Bitcoin transaction consumes 3,994 times more energy than a credit card transaction.
44- Since April 1, 2017, Bitcoin is a legal form of payment in Japan.
45- Between 7-14 August 2017, Bitcoin Market volume increased by 15 billion dollars.
46- As of August 14, 2017, CRYPTO Compare Yen accounts for 42% of Bitcoin purchases.
47- In 2014, FPS from Belgium exempted Bitcoin transactions from VAT.
48- In 2014, CBT from Finland started to exempt Bitcoin from VAT and accept it as ordinary goods.
49-VAT is not collected from Bitcoin in Belgium.
50-Bitcoin, VAT-free in Switzerland Falcon, a private Swiss bank, is the first bank to sell Bitcoin to its customers.
51- As of January 2018, Chiaso in Switzerland will accept tax payments in Bitcoin.
52- Countries where Bitcoin is considered illegal; Saudi Arabia, Bolivia, Kyrgyzstan, Ecuador and Bangladesh.
53- Thailand banned Bitcoin in 2013. However, in 2016, the Bank of Thailand said Bitcoin was not illegal.
54- In August 2017, there were a total of 1,402 Bitcoin ATMs in 55 countries.
Genesis Coin with 55-48.5% and General Bytes with 19.74% are the largest Bitcoin ATM producers.
56- More than 75% of the world's Bitcoin ATMs are in North America
57-Micro nation Liberland has adopted Bitcoin as its reserve currency.
58- Bitcoin, which started out with 3,000 lines of code, now has a core longer than 100,000 lines.
59- Once all Bitcoins are exposed, transaction fees may deter miners.
60-Kim Datcom's Medaupload v2 allows micropayments to be made with Bitcoin.
61- The current equivalent of the 100 dollars we invested in Bitcoin in July 2010 is 6 million dollars.
62- As of September 2017, Bitcoin's market cap is $100 billion, more than Ukraine's GDP of $93.27 billion.