Bitcoin by Numbers: 21 Statistics That Reveal Growing Demand for the Cryptocurrency

By whatever metric you care to measure it, 2017 has been a record-breaking year for bitcoin. From transactions to trading volume, and from wallet installations to market cap, every possible metric has been surpassed, shattered, and then shattered again.

See also: 10+ Monitoring Websites That Help Track the Bitcoin Network

It’s All In The Numbers

Bitcoin by Numbers: 21 Statistics That Reveal Growing Demand for the Cryptocurrency
Bitcoin volume by currency.

The cryptocurrency world evolves at such a dizzying pace that it can be hard to take in the magnitude of everything that’s happening in bitcoin. In the words of Ferris Bueller, “If you don’t stop and look around once in a while, you could miss it.”

As an intangible digital currency, it can be hard sometimes to appreciate where bitcoin is at and how far it’s come from such humble beginnings less than nine years ago. The following stats help bring bitcoin to life, making it easier to visualize the state of the network today.

(Note: all figures are averages and were accurate at the time of publication.)

Breaking Down Bitcoin

16.67 million: current bitcoin supply.

58%: crypto market dominance.

$4.9 billion: 24-hour trade volume.

96: countries where bitcoin usage is unrestricted.

Bitcoin by Numbers: 21 Statistics That Reveal Growing Demand for the Cryptocurrency
Bitcoin statistics for the week ending November 1st.

Transactions

12,000: transactions per hour.

99,000: BTC sent per hour.

0.103 BTC: average transaction value.

Mining

Statistics for the week ending November 1st.11 million: network hashrate in TH/s.

166 GB: blockchain size.

$12.8 million: mining rewards in the last 24 hours.

129: blocks mined in the last 24 hours.

326,000: bitcoin transactions confirmed in the past 24 hours.

Ownership

96%: amount of bitcoin owned by just 4% of addresses (containing 2.9 million BTC).

457,000: number of addresses richer than $10,000.

715,000: number of active addresses in the last 24 hours.

$19 billion: value of the 100 richest bitcoin addresses.

500,000: number of Bitcoin.com wallets downloaded.

Popularity

Bitcoin by Numbers: 21 Statistics That Reveal Growing Demand for the Cryptocurrency400,000: number of subscribers on r/Bitcoin.

12 million: number of Coinbase users (1 million of whom were added in the past three weeks).

18.5 million: number of Blockchain.info wallets.

80,000: number of bitcoin tweets sent per day.

For anyone who wants to geek out on more bitcoin stats, CryptocompareOnchainfx, Bitinfocharts and of course Blockchain.info are a good place to start. Take a deep dive and prepare to be mesmerized by the myriad numbers that make up bitcoin.

What’s your favorite site for bitcoin statistics? Let us know in the comments section below.


Images courtesy of Shutterstock, Cryptocompare, and Brave New Coin.


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The post Bitcoin by Numbers: 21 Statistics That Reveal Growing Demand for the Cryptocurrency appeared first on Bitcoin News.

Source: BitCoin.Com
Bitcoin by Numbers: 21 Statistics That Reveal Growing Demand for the Cryptocurrency

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