Here are 40 interesting facts about Bitcoin you do not know!

1. Mining pools in China constitute 70% of all pools in the world.
2. Bithumb is the 4th largest stock exchange in the world and has suffered a cyber attack in July 2017, causing billions of dollars to lose.
3. In May 2010, you could buy only 2 pizzas with 10,000 Bitcoins, and now there are 20 million pizzas.
4. Bitcoin transfers are non-refundable.
5. The unit of Bitcoin transfers is defined as Satoshi / Byte. 1 Satoshi = 0.00000001 Bitcoin.
6. James Howell lost about 7500 Bitcoins because of his hard drive, which is worth £ 4 million.
7. Each new block is dissolved in 10 minutes and gives approximately 6 Bitcoin awards.
8. Unlike other currencies, Bitcoin has a system of relevance and is based on mathematics.
9. The value of Bitcoin has increased by 879,999 times from 2010 to 2017.
10. 64% of Bitcoins are never used and will never be used.
11. America’s Federal Bureau of Investigation, or the FBI, has a 1.5% stake in all Bitcoins in the world.
12. 5% of all Bitcoins are actively used in the deep web platform called Silk Road. Silk Road is generally known as the market where dark and illegal shopping on the internet is made.
13. All Bitcoin transmissions have a transparent property and can be viewed from the block chain.
14. As of July 2017, 16.4 million Bitcoins were involved in the circulation in the market.
15. The 4000th Bitcoin was donated to Wikileaks from December 2016.
16. The computing power of the bitcoin network is greater than the computing power of 500 super computers.
17. In 2016, when an individual wanted to send 5 dollars, he transferred close to Bitcoin by approximately 137,000, and could not get it back.
18. 17 million Bitcoins is expected to be used in about 10 years.
19. 21 million Bitcoin, 2140 is thought to be completely mines.
20. Alphabay Phisher Phiskingz claims he stole $ 1 million worth of Bitcoin every 14 months.
21. Satoshi Nakamoto is the name of creator of Bitcoin.
22. Nakamoto is thought to have about 1 million Bitcoins. The approximate equivalent of this amount is 5.5 Billion dollars.
23. Bitcoin can never control any institution, organization or state.
24. Bitcoin actually has a limited number, which is 21,000,000.
1% of the Bitcoin community controls 99% of world welfare.
25. 69% of world banks are currently conducting technological experiments related to the “block chain.”
26. MT Gox, the largest Bitcoin stock exchange of the world at the time, collapsed in 2014 and led to a 40% reduction in prices.
27. Using a bank’s block chain technology can save around $ 10 million a year.
28. Only 807 people in the world have announced that they have earned money with Bitcoin, the reason for this is tax sanctions.
29. There are 7 credit cards in the world based on Bitcoin.
30. The world’s first Bitcoin monetization was around US $ 11 million, equivalent to 126,315 Bitcoins. This phenomenon is also called SatoshiDice.
31. A person named Nakowa won 11,000 Bitcoins from an Bitcoin Casino. At that time, although this is about 1.3 million US Dollars, this money is now equivalent to $ 47 million.
32. The Swiss state defined the concept of crypto-money as foreign currency.
33. The number of enterprises accepting Bitcoin increased from 36,000 to 82,000 in 2014.
34. Microsoft, Dell and Expedia are some of the well-established companies that accept Bitcoin as payment.
35. Bitcoin is illegal in Vietnam, Bolivia, Kyrgyzstan, Iceland, Ecuador, Bangladesh and Thailand.
36. The University of Nicosia in Cyprus is the first university in the world to receive school payments with Bitcoin.
37. You can win extra bitcoins by playing Blockchain bitcoin online casino
38. There are 1354 ATMs in the world where you can get Bitcoins. These are distributed among 55 countries with 21 ATM producers and 231 operators.
39. Belgium applies Value Added Tax (VAT) to Bitcoin.
40. About 17 million Bitcoins is expected to be used in about 7 years.

 

Source: Crypto New Media

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