From its inception back in 2009, bitcoin has come a long way to establish itself as the most prominent form of cryptocurrency. It has been slowly growing since the last couple of years and experienced a price hike bombardment back in Dec. 2017. Back then the value of a single bitcoin was equal to almost $20,000 dollars. This the moment when the digital currency fell into the global radar.

At the time of writing, Bitcoin prices are near the $6k mark. Some people believe that the cryptocurrency has lived its glory days, and is now nearing its end – the bubble has burst. Others are of the opinion that it is only just the beginning. If you are following all this news, then you must be plagued with a lot of curiosity. But luckily you have come to the right place.

For the purpose of this read, we have not prepared any opinion piece where we are going to rant on about the prospect of Bitcoin. Instead, we have put together a comprehensive list of stats and data on different aspects of the decentralized currency. You should be able to form your own ideas and speculations by looking at these statistics. Or simply be amazed at just how big the digital asset has actually become.

So, without further ado, here is our list of some Awesome Statistics on Bitcoin.

Bitcoin Distribution

Since most people didn’t get into the bitcoin game from the time of inception, the major chunk of the digital currency is owned by a minority of people. Here are some stats to put things into perspective.

• A maximum of 21 million BTC can be created. As of September 2018, the market already has 17.3 million BTC in circulation.

• Satoshi Nakamoto – the founder of Bitcoin owns around 980,000 BTC.

• Only 4% of address own 96% of all bitcoins in circulation.

• 25% of all bitcoins produced have been lost.

Bitcoin Vs. Altcoin

Along with bitcoin, many more cryptocurrencies started popping up. You might have heard some of their names like Ethereum, Ripple, Litecoin, and so on. Collectively these are known as Altcoins. So how does the grand-daddy of all cryptocurrencies stack up to all these new-comers? Let’s find out:

• Bitcoin dominates ⅓rd of the market share of the entire cryptocurrency market.

• As of October 2018, the market cap for Bitcoin is $110.7 Billion.

• 80.9% of all bitcoins have been mined.

Current (Dynamic) Bitcoin Statistics

The world of cryptocurrency is very dynamic and volatile. Some stats like price, transactions, etc, change in a moments notice. Here are some dynamic bitcoin statistics at the time of writing (October 2018). If you are viewing this at a later period, you can click on the provided links to see the statistics appropriate to your time period.

• The average block size of bitcoins is 1.06MB.

• Bitcoin sees over 200,000 transactions per day.

• The aggregate size of bitcoin transactions waiting to be confirmed is around 2,206,174 bytes.

• Each transaction in Bitcoin costs $44.

• Currently, there are 9837 Bitcoin nodes online.

• Back in December 2017, the keyword “bitcoin” accounted for over 90% of all searches on Google.

The Bitcoin Community

Bitcoin and cryptocurrency, in general, would be nothing without a properly community backing it up. Here are some statistical data on the people who are interested in the digital asset as well as people who are investing in it.

Note: All data is retrieved from Google Analytics

• Bitcoin functions unrestrictedly in 110 out of 251 countries/region.

• There are about 41,30,00,000 Google search results for the keyword “Bitcoin.”

• Majority of people interested in Bitcoins are in Financial and Investment services, closely followed by Software designers.

• Males constitutes 91.22% of all people engaged in the bitcoin community.

• 48.43% of people interested in Bitcoin are within the age group of 25-34.

• 62.84% of all people searching for Bitcoins uses Chrome as their browser of choice.

• 76% of the bitcoin searches are done from Desktops.

Bitcoin and Legal Institutions

With the rising popularity of Bitcoins, it has attracted a lot of malicious parties and legal entities along with them. Here are some figures to give you an idea about the legal repercussions of Bitcoin.

• Bitcoin is not controlled by any Government or Authority.

• In 2013, FBI made $48 million by selling 144,000 bitcoins in an auction.

• Only 802 people in the USA filled for taxes for their Bitcoin Income.

• Bitcoin transactions are not refundable. In 2016, a user mistakenly sent $137,000 instead of $5.

• Bitcoin is VAT free in Switzerland.

• In 2017, some Ukraine kidnappers released a Bitcoin analyst after getting $1 million ransom in bitcoin.

In Conclusion:

So this was it for our list of awesome statistics on Bitcoin. We hope you found this read to be informative and helpful. Share in the comments section below about which information you found to be mind-blowing. Also, if you know some other awesome stats which we missed in this list, then don’t forget to mention them in the comments section below.