Read on for insane facts about Bitcoin | Techsauce

Read on for insane facts about Bitcoin

Among the dozens of other available cryptocurrencies, Bitcoin is the most prevalent. It is always at the center of public interest. Hardly surprising that Bitcoin carries approximately 300,000 transactions per day and its value is growing day by day.

We will analyze several Bitcoin facts, that will not let you stop thinking about it.

Be sure to click the link at the end of this article for a full view of the Infographic that was compiled by our experts at bitcoinplay.net.

1.People get really rich with Bitcoin

Roger Ver owns $52 Million, Charlie Shrem - $45 Million, Dave Carlson- $35 million. Dave was mining Bitcoin from his house basement, and after earning a solid amount of Bitcoin, he opened his own mining company.

2.Bitcoin is welcomed by some and banned by others. 

The Netherlands has a Bitcoin Boulevard and a Bitcoin city, while it is illegal in Iceland and Vietnam. Canada is going to host the largest Blockchain conference, while Thailand has banned the Bitcoin. It’s easy to see that Bitcoin is quite controversial as it is hard to regulate.

3.Space tour supported with Bitcoin

Richard Branson's Virgin Galactic is accepting Bitcoin as payment for his theoretical space travel.

4.Bitcoins will run out soon

Well not that soon, but experts predict the last Bitcoin will be mined on May 2140, because the number of Bitcoins is limited with 21 million left. Take your time and mine as much as you can.

5. The FBI owns a large portion of Bitcoin


In 2013 FBI seized all Bitcoins from the “Silk Road” online drug market. This event increased the FBI's ownership to 1.5% of all Bitcoins, the largest digital wallet after Satoshi Nakamoto.

6. Chinese Mining Pools control more than 70% of the Bitcoin networks

While you were reading this article a new block of Bitcoin has been mined. If you have decided to dive into this digital currency world, don’t lose more time.

Credit: Bitcoin Play 

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