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Author Topic: Interesting observation by Country  (Read 902 times)
Vexatious (OP)
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November 25, 2013, 02:32:51 AM
 #1

So someone in another thread linked to here: http://getaddr.bitnodes.io/ where it shows the number of bitcoin nodes in each country. So I pulled some other numbers to do a quick analysis: number of computers per country and population. When looking at the penetration of the nodes in the world and sorting them, we have the following:

Countries in order of nodes per one million computers:

1. Canada (338)
2. China (233)
3. Germany (219)
4. Russia (218)
5. UK (191)
6. US (139)
7. France (74)
8. Italy (71)
9. Brazil (59)
10.India (19)
11. Japan (14)

Countries in order of nodes per one million people:

1. Canada (215)
2. Germany (194)
3. UK (164)
4. US (136)
5. Russia (81)
6. France (60)
7. Italy (53)
8. China (33)
9. Brazil (14)
10. Japan (11)
11. India (1)

Now I realize this isn't a scientific analysis but it is still interesting nonetheless. Being a Canadian myself, I can tell you we feel the chokehold of being so strongly tied to the US dollar. I've heard my whole life that if they go down, we go down with them (economically speaking). So I find it very encouraging that Canadians are early adopters of a currency solution that could provide us a safe way out of that chokehold. When the financial kaka hits the fan and the bubble that is the US reserve currency goes bust, perhaps we can survive the ride through bitcoin!

Honestly, if that does take place, I'll be the first one laughing at the 1% as they crash and burn... THAT my friends is where the real bubble is, and I can't wait for it to bust.

But Canada aside, all in all, those are a couple of pretty interesting lists right there when considering world economics and politics.

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paul2000
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December 08, 2013, 05:32:22 PM
 #2

So someone in another thread linked to here: http://getaddr.bitnodes.io/ where it shows the number of bitcoin nodes in each country. So I pulled some other numbers to do a quick analysis: number of computers per country and population. When looking at the penetration of the nodes in the world and sorting them, we have the following:

Countries in order of nodes per one million computers:

1. Canada (338)
2. China (233)
3. Germany (219)
4. Russia (218)
5. UK (191)
6. US (139)
7. France (74)
8. Italy (71)
9. Brazil (59)
10.India (19)
11. Japan (14)


Interesting analysis! And we in Germany obviously preparing ourselves nearly as good as the canadians
for the fiat bubble to burst Wink

Another thing I notices the last weeks or so:
Just a couple of weeks ago china had about 45k nodes and now there are only 35k! Explanation? Huh

uininPeter
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December 08, 2013, 05:37:07 PM
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Another thing I notices the last weeks or so:
Just a couple of weeks ago china had about 45k nodes and now there are only 35k! Explanation? Huh

I guess Chinese announcement has something to do with this + price correction  Wink

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December 08, 2013, 05:48:31 PM
 #4

Interesting to note how the top 11 are also the top 11 countries by nominal GDP
http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)
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