We collected some fun facts about crypto!
7/9/2022, 12:05 AM
A YouTuber managed to mine Bitcoin with his Gameboy in March 2021. He posted the video on YouTube. In this video he shows how he managed to mine Satoshi (the smallest amount of a Bitcoin) with his Gameboy.
The last Bitcoin will probably be mined in 2140. Although around 90% of the Bitcoins already exist, it will take over 100 years until the Bitcoin supply is fully exhausted. The last Bitcoin will be mined in 2140.
The largest crypto mining farm currently mines about 10 bitcoins per day. It uses the energy of the world's third largest hydroelectric power plant in Paraguay. The hydropower plant produces more energy than the population of Paraguay consumes. Electricity is particularly cheap and high-performance computers can be imported duty-free. It takes a lot of energy to mine crypto currencies. This makes it unprofitable for miners in Germany and other European countries. Cryptocurrencies are therefore mainly mined in countries such as China, Russia, the United States and Canada, where electricity is relatively cheap.
The Bitcoin inventor Satoshi Nakamoto is still unknown. Despite the many speculations about his identity, he has not yet been found. Some believe that his name came from these four technology companies: Samsung, Toshiba, Nakamichi, Motorola.
A German Bitcoiner named SmokeTooMuch offered 10,000 BTC for 50 USD in 2010, but no one wanted to buy them.
The smallest unit on a Bitcoin is named after the inventor Satoshi. Bitcoin has been declared dead over 400 times. Bitcoin is based on open source. Any computer with a high computing capacity can theoretically participate.
Already 3.7 million Bitcoins are lost forever due to the loss of passwords. This corresponds to around 140 billion USD.
Bitcoin was not the first digital currency. Already in the 1990s, David Chaum developed eCash. Despite pilot projects with Microsoft, Deutsche Bank, etc., the company went bankrupt in 1998.
El Salvador is the first country in the world to introduce bitcoin as a means of payment. The law was passed on June 9, 21 with 62 out of 84 votes. The Central African Republic is the second country after El Salvador to officially adopt the cryptocurrency.
in 2018 there were over 40 unicorns in the crypto market. These are called startups that have a value of more than 1 billion euros. In 2021 we had allready 1146 unicorns.
The last Bitcoin will probably be mined in 2140. Although around 90% of the Bitcoins already exist, it will take over 100 years until the Bitcoin supply is fully exhausted. The last Bitcoin will be mined in 2140.
The largest crypto mining farm currently mines about 10 bitcoins per day. It uses the energy of the world's third largest hydroelectric power plant in Paraguay. The hydropower plant produces more energy than the population of Paraguay consumes. Electricity is particularly cheap and high-performance computers can be imported duty-free. It takes a lot of energy to mine crypto currencies. This makes it unprofitable for miners in Germany and other European countries. Cryptocurrencies are therefore mainly mined in countries such as China, Russia, the United States and Canada, where electricity is relatively cheap.
The Bitcoin inventor Satoshi Nakamoto is still unknown. Despite the many speculations about his identity, he has not yet been found. Some believe that his name came from these four technology companies: Samsung, Toshiba, Nakamichi, Motorola.
A German Bitcoiner named SmokeTooMuch offered 10,000 BTC for 50 USD in 2010, but no one wanted to buy them.
The smallest unit on a Bitcoin is named after the inventor Satoshi. Bitcoin has been declared dead over 400 times. Bitcoin is based on open source. Any computer with a high computing capacity can theoretically participate.
Already 3.7 million Bitcoins are lost forever due to the loss of passwords. This corresponds to around 140 billion USD.
Bitcoin was not the first digital currency. Already in the 1990s, David Chaum developed eCash. Despite pilot projects with Microsoft, Deutsche Bank, etc., the company went bankrupt in 1998.
El Salvador is the first country in the world to introduce bitcoin as a means of payment. The law was passed on June 9, 21 with 62 out of 84 votes. The Central African Republic is the second country after El Salvador to officially adopt the cryptocurrency.
in 2018 there were over 40 unicorns in the crypto market. These are called startups that have a value of more than 1 billion euros. In 2021 we had allready 1146 unicorns.