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Author Topic: Some Bitcoin Fun Facts.  (Read 339 times)
Davidvictorson
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April 21, 2022, 06:36:28 PM
 #21

The highest bitcoin mining hashrates now is United States and followed by Kazakhstan.
One of the reasons why the US is at the top of the list is due largely to favourable crypto policies, easy access to renewable energy and cheap electricity. Kazakhstan is still second place and Russia at third place. However, if the   U.S. Department of the Treasury aim at sanctioning  bitcoin miners operating in Russia  is successful, I doubt they will be able to retain the spot as world’s third-biggest destination for bitcoin mining.

https://www.investmentmonitor.ai/finance/bitcoin-mining-hotspots-energy-countries#:~:text=Since%20China%20banned%20crypto%2C%20the,)%20and%20pro%2Dcryptocurrency%20policies.

https://www.cnbc.com/2022/04/20/us-treasury-sanctions-russian-bitcoin-miners.html

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April 21, 2022, 07:05:13 PM
Last edit: April 24, 2022, 07:43:11 PM by ajochems
 #22

It was a good ever memorable day of 10k bitcoin for two pizzas.It was very eager to meet the person the owner of that company.Incase he hold till now,he will became a member of millionaire family.Many investigation was done by individuals and government to find such a person.It was a very controversial question that.He or She will be the whale of current crypto market.



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April 21, 2022, 07:14:52 PM
 #23

The highest bitcoin mining hashrates now is United States and followed by Kazakhstan.
One of the reasons why the US is at the top of the list is due largely to favourable crypto policies, easy access to renewable energy and cheap electricity. Kazakhstan is still second place and Russia at third place. However, if the   U.S. Department of the Treasury aim at sanctioning  bitcoin miners operating in Russia  is successful, I doubt they will be able to retain the spot as world’s third-biggest destination for bitcoin mining.

https://www.investmentmonitor.ai/finance/bitcoin-mining-hotspots-energy-countries#:~:text=Since%20China%20banned%20crypto%2C%20the,)%20and%20pro%2Dcryptocurrency%20policies.

https://www.cnbc.com/2022/04/20/us-treasury-sanctions-russian-bitcoin-miners.html

Biden administration signed an executive order that investigates the regulatory framework surrounding crypto currency. I've never seen the U.S. take a step away from governmental control and when there is a regulation, that generally means there is some government revenue to be made. IMO the U.S. won't be feasible for crypto mining for much long if high tax measures are implemented. Energy costs won't factor in the equation if the bulk of profits are paid to the government.

That's probably where the U.S. is head with regulations, but nothing's drafted yet.

https://www.cnbc.com/2022/03/09/biden-orders-cryptocurrency-study-as-traders-await-new-regulations-legislation.html
Issa56
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April 21, 2022, 08:29:21 PM
 #24

Buying two pizzas for 10,000 Bitcoin isn't forgettable to me. Also, the community remembers that day as Bitcoin pizza day. Although that time bought pizza Bitcoin price was low, but for now it's become a huge amount. So this is a memorable history among the Bitcoin community. Another fact of Bitcoin you mentioned on the thread isn't remembering this way we remember Bitcoin pizza day.

It was a good ever memorable day of 10k bitcoin for two pizzas.It was very eager to meet the person the owner of that company.Incase he hold till now,he will became a member of millionaire family.Many investigation was done by individuals and government to find such a person.It was a very controversial question that.He or She will be the whale of current crypto market.

Buying pizza with 10,000 bitcoin is what I don't think I can forget, it's kind of funny but I believe if the person knows that bitcoin will get to the current price he or she won't even try it, I believe most of them believe that bitcoin will survive, I know the person will definitely regret buying pizza for 10,000 bitcoin but is late already.

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April 21, 2022, 09:09:51 PM
 #25

Buying pizza with 10,000 bitcoin is what I don't think I can forget, it's kind of funny but I believe if the person knows that bitcoin will get to the current price he or she won't even try it, I believe most of them believe that bitcoin will survive, I know the person will definitely regret buying pizza for 10,000 bitcoin but is late already.
according to some articles I read, in fact the pizza buyer or "Bitcoin Pizza guy" Laszlo Hanyecz doesn't regret buying 2 pizza pans with 10,000 BTC, he thinks that he has become a part of bitcoin history and people know him through transactions first bitcoin pizza. Laszlo Hanyecz is also a programmer from Florida and is currently assisting the crypto forum technical digabian to fix bugs and other things.
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April 22, 2022, 05:24:32 AM
 #26

Buying pizza with 10,000 bitcoin is what I don't think I can forget, it's kind of funny but I believe if the person knows that bitcoin will get to the current price he or she won't even try it, I believe most of them believe that bitcoin will survive, I know the person will definitely regret buying pizza for 10,000 bitcoin but is late already.
according to some articles I read, in fact the pizza buyer or "Bitcoin Pizza guy" Laszlo Hanyecz doesn't regret buying 2 pizza pans with 10,000 BTC, he thinks that he has become a part of bitcoin history and people know him through transactions first bitcoin pizza. Laszlo Hanyecz is also a programmer from Florida and is currently assisting the crypto forum technical digabian to fix bugs and other things.
Yes as per his statement he doesn't regret dealing 10k bitcoins for just two pizzas but deep inside we know that he might be feeling really bad because that bitcoins are worth millions today so it can't be missed.Although there is one day specially dedicated towards it and known as bitcoin pizza day starting from him.

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April 22, 2022, 05:54:17 AM
 #27

For me, definitely its the Pizza fact. That developer has purchased the Pizzas with 10k Bitcoins only to show the world the Buying power of Bitcoin and the real use of it coz at that time, nobody relied on Bitcoin and only a pinch of people knew about it. So to come in the eye of Large audience and investors, he did that Stunt. So yeah, it was daring and quiet memorable for me.
Secondly, that College boy who got these Bitcoins and who became the Pizza boy for that Developer, did not use the fund cautiously and spent them on the Flight tickets or some journey trip with his Girlfriend and he surely would be in Shock after some years coz he missed the once in the lifetime opportunity to become the millionaire.
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April 22, 2022, 04:38:25 PM
 #28

Bitcoins are lost more then 20% forever and it is legal currency in El Salvador. There is 660000000 bitcoins are transfered by users. Bitcoin and Cryptocurrency Currency are not same. We not know who create bitcoin. These are some fun facts of Bitcoin which I know.

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Issa56
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April 22, 2022, 06:48:50 PM
 #29

Buying pizza with 10,000 bitcoin is what I don't think I can forget, it's kind of funny but I believe if the person knows that bitcoin will get to the current price he or she won't even try it, I believe most of them believe that bitcoin will survive, I know the person will definitely regret buying pizza for 10,000 bitcoin but is late already.
according to some articles I read, in fact the pizza buyer or "Bitcoin Pizza guy" Laszlo Hanyecz doesn't regret buying 2 pizza pans with 10,000 BTC, he thinks that he has become a part of bitcoin history and people know him through transactions first bitcoin pizza. Laszlo Hanyecz is also a programmer from Florida and is currently assisting the crypto forum technical digabian to fix bugs and other things.
Yes as per his statement he doesn't regret dealing 10k bitcoins for just two pizzas but deep inside we know that he might be feeling really bad because that bitcoins are worth millions today so it can't be missed.Although there is one day specially dedicated towards it and known as bitcoin pizza day starting from him.

I know he will definitely say he didn't regret but I know sometimes when he thinks about it he will definitely feel bad, what he used to buy pizza now worth millions now, but it might not really affect him because nobody knows the amount of bitcon he is still holding now.

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June 13, 2022, 12:45:43 PM
 #30

I am bookmarking this thread. I am sure that it will keep getting interesting posts that won’t just update me but will also keep me entertained.
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June 13, 2022, 01:10:06 PM
Last edit: June 13, 2022, 01:23:12 PM by serjent05
 #31

Question:- in all the facts above, which do you think is the most amazing and would not be forgotten in a hurry?

It would be this:


This transaction is the major turning point for Bitcoin.  It is the first real-world transaction that happens in the history of Bitcoin.  Aside from that, people won't fail to calculate and compare the dollar value of that 10k BTC between then and now.  Many are still astonished if they calculate the present value of BTC that is spent on that Pizza and may label it the 200 Million+ dollar pizza.  The most expensive pizza in the history of humankind.



More Fun Fact about BTC:

The Last Bitcoin Is Going to Be Mined in 2140[1]
Quote
Only 21 million Bitcoins can ever exist, as it is programmed into the coin’s code. It is estimated that we are going to be able to keep mining them until the year 2140.

The First Mortgage in Bitcoin Happened in 2019[1]
Quote
It was given to Brock Pierce. He spent more than 3,000,000 BTC on buying a renewed chapel in Amsterdam.

Bitcoin and Cryptocurrency Are Not the Same[1]
Quote
Cryptocurrency is the umbrella term for all the digital assets that you can mine or trade. Therefore, Bitcoin is a cryptocurrency, but it is not the only one. Besides Bitcoin, some of the most popular ones are ETH, Ripple, etc.

The Satoshi[2]
Quote
As a sign of respect for Bitcoin’s creator, the smallest unit of a bitcoin is known as a satoshi.

Liberland[2]
Quote
In April 2015, a micronation between Croatia and Serbia known as Liberland was born. It was founded by Vít Jedlička, a politician, publicist, activist and president of Liberland. The official currency of Liberland is bitcoin.




[1] https://knowtechie.com/11-fun-facts-about-bitcoin/
[2] https://www.simplilearn.com/things-you-didnt-know-about-bitcoin-article

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June 13, 2022, 01:15:42 PM
 #32

It's good that someone posted this because I would have never seen these.

For most people here in the forum, it's probably common knowledge already for almost all the parts. What's new to me is the largest BTC wallet because I never knew they had held the seized BTC in the FBI.

I hope there are more posts and new fun facts by someone here.

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June 13, 2022, 01:26:30 PM
 #33

It's good that someone posted this because I would have never seen these.

For most people here in the forum, it's probably common knowledge already for almost all the parts. What's new to me is the largest BTC wallet because I never knew they had held the seized BTC in the FBI.

I hope there are more posts and new fun facts by someone here.

I believe there is an infographic about the history of Bitcoin posted in this forum, I am trying to look for it but as usual, failed.  That infographic contains the firsts of BTC since it was created until that infographic is created.  Hopefully, someone can find it and post the thread link here.

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