Bitcoin (BTC)

  • bitcoin
    Bitcoin (BTC)
  • Live Price
  • 24h %
  • Market Cap
    $744.45 B
  • Volume
    $27.52 B
  • Available Supply
    18.78 M BTC
  • Rank

Bitcoin Price Chart

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Bitcoin has a marketcap of $744.45 B. Its price is 3.87% up in last 24 hours.

Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process.

Bitcoin is changing the way we see money as we speak. The idea was to produce a means of exchange, independent of any central authority, that could be transferred electronically in a secure, verifiable and immutable way. It is a decentralized peer-to-peer internet currency making mobile payment easy, very low transaction fees, protects your identity, and it works anywhere all the time with no central authority or banks.

Bitcoin is design to have only 21 million BTC ever created, thus making it a deflationary currency. Bitcoin uses the SHA-256 hashing algorithm with an average transaction confirmation time of 10 minutes. Miners today are mining Bitcoin using ASIC chip dedicated to only mining Bitcoin, and the hash rate has shot up to peta hashes.

Being the first successful online cryptography currency, Bitcoin has inspired other alternative currencies such as Ethereum, Litecoin, Polkadot, and so on.

The cryptocurrency then took off with the innovation of the turing-complete smart contract by Ethereum which led to the development of other amazing projects such as EOS, Tron, Cardano and even crypto-collectibles such as CryptoKitties.

Bitcoin Twitter News Feed

OPINION: Whether or not Amazon is truly planning to adopt #Bitcoin, what is clear from the market response is that there is significant demand for this outcome — and this will not go unnoticed.

via @obi

The US infrastructure bill will not force developers and miners to comply with IRS reporting standards, a co-author of the bill has stated. Yet the bill’s updated language remains vague.

@ItsTwoTM reports

Marathon Digital Holdings is growing its #bitcoin mining operations with 30,000 additional miners.

@ItsTwoTM reports

A Bloviating Nocoiner Emits More Carbon Per Day Than Half a Dozen Bitcoin Transactions, According to CoinCorner Research

OPINION: "Those who dismiss bitcoiners say we’re preparing for an apocalypse that will never come. To which I’d simply say: look at Lebanon."

via @obi

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