Created in 2009, Bitcoin was the first decentralized cryptocurrency and has grown massively in recent years. Bitcoin’s success has mostly been down to it exposing the flaws of traditional banking and has brought out other cryptocurrencies with it.
Now, many businesses around the world accept Bitcoin as a currency, and other cryptocurrency forms. You can use cryptocurrency to purchase goods and services, but why should we jump on the bandwagon?
These cryptocurrency statistics for 2022 will likely blow your mind, revealing crucial cryptocurrency facts and information leading into the new year.
General Cryptocurrency Statistics
- Every 3 seconds a post about Bitcoin appears on social media
- Bitcoin has gained 193,639.36% between 2012 and May 2020
- Out of all the cryptocurrencies, Bitcoin is the most popular occupying 68.7% of the market
- XRipple experienced the highest growth percentage with 36,018%
- 980 million malware already exists around the world
- The first ten cryptocurrencies with the highest market cap make up about 88% of the total cryptocurrency market value
- Cryptocurrency exchanges around the globe have exceeded 300 as of 2020
- The number of Bitcoin ATMs around the world stands at around 7,722
- 1,800 new Bitcoins are added to the market daily
- Ethereum had its highest run in value when it hit $1,417 per Ether in January 2018
- Over 18.3 million Bitcoins have been mined and are in existence as of Q1 2020
- The new alt-coin “Libra coin” from Facebook is expected to validate up to 1,000 transactions every second
- The first Bitcoin real-life purchase was for two pizzas, and it cost 10,000 BTC
- Bitcoin alone accounts for $6 billion of daily online transactions
- There are 5,098 alternative cryptocurrencies in existence today aside from Bitcoin
Worldwide Cryptocurrency Statistics
- Out of UK cryptocurrency owners, 79% have invested in Bitcoin
- It’s likely that China will launch a blockchain-powered central bank digital currency
- By 2022, it’s estimated the US federal government will spend $123.5 million
- With 48%, the US has the highest number of token sales
- The highest rate of cryptocurrency adoption is in Turkey with 20%
- Bitcoin miners in China account for 66% of the global hash rate
Cryptocurrency Mining Statistics
- Bitcoin mining alone requires about 77.78 TWh of electricity per year
- The Bitcoin reward for miners halves for every 210,000 verified blocks added to the blockchain
- There is a reward of 2 Ether for every verified block that is added to the Ethereum blockchain
- It takes an average of 10 minutes to verify a Bitcoin transaction
Cryptocurrency Adoption Statistics
- Global Blockchain wallet users were 44.69 million as of Q4 2019
- 77% of the global finance sector could adopt blockchain technology by the end of 2020
- Adopting blockchain technology can save financial organizations up to $12 billion yearly
- Bitcoin is responsible for an average of about 350,000 daily transactions on the blockchain
- Coinbase exchange has over 30 million cryptocurrency users
Cryptocurrency Security Statistics
- 4.32% of the total Monero cryptocurrency in circulation comes from cryptojacking
- With the aid of malware, $1.1 billion worth of cryptocurrency was stolen within the first half of 2018
Interesting Cryptocurrency Statistics
- There were more than 5,500 cryptocurrencies in June 2020
- By 2027, the cryptocurrency market value is expected to reach $1,758.0 million
- In March 2020 the Bitcoin blockchain reached about 270 GB
- By 2025, the blockchain technology market is expected to reach nearly $40 billion
- Bitcoin was valued at $9,165 at the end of June 2020
- In the second quarter of 2020, there were 18.42 million Bitcoins in global circulation
- The autonomous Xinjiang region in China accounts for 35.76% of global cryptocurrency mining
References
- https://www.finder.com/uk/cryptocurrency-statistics
- https://coincasso.com/blockchain-academy/which-cryptocurrency-is-the-most-popular/#!
- https://www.finivi.com/50-cryptocurrency-statistics-and-facts/
- https://www.statista.com/statistics/247280/number-of-bitcoins-in-circulation/
- https://www.statista.com/topics/5122/blockchain/
- https://www.cnbc.com/2018/01/10/ethereum-price-hits-record-high-above-1400-up-17000-percent-in-a-year.html
- https://cointelegraph.com/news/study-chinas-btc-miners-control-66-of-global-hash-rate
- https://www.investopedia.com/terms/b/bitcoin-mining.asp
- https://news.bitcoin.com/altcoins-why-over-5000/
- https://www.forbes.com/sites/rogeraitken/2017/11/21/smart-contracts-on-the-blockchain-can-businesses-reap-the-benefits/#2fd955cf1074
- https://www.nextgov.com/emerging-tech/2019/04/government-blockchain-spending-increase-big-2022/156383/
- https://coinmarketcap.com/
- https://media.consensys.net/the-thirdening-what-you-need-to-know-df96599ad857
- https://www.coindesk.com/crypto-mining-malware-has-netted-nearly-5-of-all-monero-says-research
- https://coin.dance/stats
- https://dataprot.net/statistics/malware-statistics/
- https://www.statista.com/statistics/343127/number-bitcoin-atms/
- https://www.buybitcoinworldwide.com/how-many-bitcoins-are-there/
- https://www.statista.com/statistics/647374/worldwide-blockchain-wallet-users/
- https://www.cnbc.com/2018/06/07/1-point-1b-in-cryptocurrency-was-stolen-this-year-and-it-was-easy-to-do.html
- https://cointelegraph.com/news/turkeys-unexpected-rise-to-the-top-of-global-crypto-adopters
- https://www.investopedia.com/news/bitcoin-pizza-day-celebrating-20-million-pizza-order/
- https://newslogical.com/bitcoin-accrues-over-6-billion-daily-transactions-targets-mastercards-record/
- https://www.yourtechdiet.com/blogs/blockchain-stats-trends-2020/
- https://www.prnewswire.com/news-releases/blockchain-market-worth-23-3-billion-by-2023-exclusive-report-by-marketsandmarkets-tm–895305466.html
- https://www.lykke.com/city/blog/is-cryptocurrency-greener-than-gold
- https://coincentral.com/how-long-do-bitcoin-transfers-take/