Bitcoin statistics

Here are the numbers you need to know about the biggest cryptocurrency.

Digital Composite Image Of Cropped Hand Touching Bitcoin Icon

The first digital currency and the largest to this day, Bitcoin makes up 66.8% of the total value of all cryptocurrencies as of 10 December 2019.

Bitcoin’s founding is the stuff of legend: it was created in 2009 by the alias Satoshi Nakamoto, who had the idea that money shouldn’t be controlled exclusively by a centralized government or agency.

Since then, Bitcoin has smashed all records — notably in December 2017 when it reached more than US$19,000 per coin. It has simply changed the way we think about money.

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Live Bitcoin (BTC) price

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Data sourced from Binance

Bitcoin at a glance

Ticker symbolBTC
UseDigital Asset
Year released2009
OriginUnknown
Maximum supply21,000,000
Consensus algorithmProof of Work
Notable team membersSatoshi Nakamoto
Notable partnerships-
Mineable?Yes

Key statistics about Bitcoin:

  • 17.3 million Bitcoin are in circulation as of 10 December 2019.
  • Bitcoin is unrestricted — meaning it isn’t regulated specifically — in 124 countries out of 257.
  • The largest holdings in a single Bitcoin address contains 255,502 Bitcoin — or more than US$2.1 billion.

Who uses Bitcoin?



What about mining?


What is a Bitcoin address?

Bitcoin, like other cryptocurrencies, uses random alphanumeric (a smattering of between 26 and 35 letters and numbers) characters to identify a destination within Bitcoin’s network.

If someone were to send you Bitcoin, the address is the destination you’d give to the other party(s) in the transaction to send the Bitcoin.

The address is designed to be a single-use identifier and is also not the same as a wallet, which is the location where you’d store your crypto like Bitcoin.


Fun facts

  • The first real-world Bitcoin transaction was a pizza purchase on 22 May 2010, from Papa John’s, for 10,000 BTC. The pizzas were valued at US$25 at the time. At the time of writing this, those pizzas would be worth nearly US$140 million.
  • Unlike other cryptocurrencies, the number of Bitcoin is finite — exactly 21 million are available for mining, with 18 million already mined.
  • It took five years for a single Bitcoin to be worth US$1,000. In contrast, from 1 January 2017 to the 2018 New Year, Bitcoin’s value increased from US$800 to US$14,000, hitting a high of US$19,000 in December 2017. As at 10 December 2019, Bitcoin was worth US$7,397.13.
  • The number of Bitcoin is limited, meaning that once all the Bitcoin is mined/found, no more Bitcoin will be generated. As the remaining number of Bitcoin available to be mined/found becomes less and less, Bitcoin will start the process of “block halving”. Basically, this means that the block reward for miners is halved. According to Investopedia, “The block reward is halved every 210,000 blocks or roughly every 4 years. In 2009, it was 50. In 2013, it was 25, in 2018 it was 12.5, and some time in the middle of 2020, it will halve to 6.25.” That date in 2020 is expected to come in May.
Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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