News by the Numbers: A Closer Look at Bitcoin Statistics

It’s been a truly phenomenal year for Bitcoin. From being tagged as a mere internet tomfoolery a few years ago, the digital currency broke through every possible obstacle put in its path, astounding even the sceptics, and urging more and more people to embrace it who otherwise will have a good laugh about it a few years ago.

Numbers are more than meets the eye

Bitcoin volume by currency.

The world of cryptocurrency evolves as much as our modern fast-paced world, meaning changes come by the minute and it’s sometimes hard to understand the wider scope of things because what’s happening at the minute might be different right at the very next.

“If you don’t stop and look around once in a while, you could miss it.”
– Ferris Bueller, Ferris Bueller’s day off

As opposed to fiat currency, bitcoin is a decentralized digital currency, meaning it’s a store of value that’s intangible. Because of this, people sometimes frown at the cryptocurrency, failing to see how the then tiny digital currency has started an empire from its small beginnings almost a decade ago.

The stats listed will aid in understanding the nature of the digital currency, and will help give a clearer picture of where it currently stands in the market and community.

A Deeper look at Bitcoin: News by the numbers

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 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

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 Among the Community

400,000: number of subscribers on r/Bitcoin. (Reddit)

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.