Bobos & Wojaks

Get rich or die tryin

20 Interesting Facts About Crypto

  • The largest blockchain organization, by market valuation, in the world is considered to be Bitmain.
  • The infrastructure cost of investment banks can be reduced by 30% with the use of Blockchain technology.
  • The concept of a national cryptocurrency has been adopted, rejected, or researched by more than 20 countries.
  • 91.5% of the cryptocurrencies’ investments are made by men.
  • Blockchain-based products and services spending by the U.S. is expected to reach $41 billion by 2025.
  • More than 500 blockchain projects are assigned to about 1,500 employees working with IBM.
  • The largest group of investors are IT professionals with around 15% of them investing in cryptocurrency.
  • It is expected that the food and agriculture markets will reach the $1.4 billion global market value of blockchain by 2028.
  • As of February 22nd, Tether was the biggest cryptocurrency with a $109 billion 24-hour volume.
  • About 88% of the total cryptocurrency market value is made up of the first ten cryptocurrencies having the highest market cap.
  • About 900 new coins in the market every day were there as of 2021.
  • Bitcoin owners account for 65% of cryptocurrency users.
  • Satoshi is the smallest denomination of bitcoin.
  • In the first quarter of 2021, Bitcoin nearly reached the 400,000 daily transactions mark.
  • Crypto theft was down by almost 60% in 2020.
  • By 2023, it is expected that up to 15.9 billion will be spent on blockchain-related tech.
  • Bitcoin consumes more power than the entire nation of Pakistan
  • Eyhereum (54twh) consumes more power than the entire nation of Peru. (49twh)
  • Eth 2.0 is supposed to reduce power consumption by 99.96%
  • Bitcoin consists of 31 thousand lines of code. If we get back up to our all-time high, that will be about $2 per line of code!