100 Mind-Blowing Bitcoin Facts

No one yet has verified the identity of Bitcoin’s founder. Satoshi Nakamoto is the only pseudonym for the most popular cryptocurrency in the world, the bitcoin. Up until now, his real identity remains a world mystery.

Combining all the bitcoin mining operations worldwide is equivalent to the computing power of 3.7 million supercomputers.

Bitcoin reached its highest price of $64,863 in April 2021.

This man threw a hard drive loaded with 7500 bitcoins into the trash. James Howells mined 7,500 Bitcoins in 2009 and stored them on a hard drive. At that point, Bitcoin’s value amounted to almost nothing. The cryptocurrency slowly started to grow in value after a few years, and Howells thought he owned a small fortune. Only then did he realize he accidentally threw away the hard drive sometime in 2013? Howells lives in Wales and contacted the Newport City Council to excavate the local landfill. He offered the City Council over $70 million if the hard drive was recovered. Based on today’s rate, the hard drive is worth more than $375 million. The City council baulked at the offer due to environmental regulations and the required cost.

A 2020 Twitter breach targeted 130 accounts including those of past U.S. presidents and Tesla CEO Elon Musk, resulting in attackers swindling $121,000 in Bitcoin through nearly 300 transactions. (CNBC)

Hacking attacks increased significantly during 2020 (Iomart): According to studies from Iomart, the number of cyberattacks, hacking, and their resulting costs have increased significantly during 2020. The number of breaches increased by around 273% during the first quarter of 2020, compared to the same period in the year before. Not only has the number of attacks increased, but the severity of the hacks is higher too. According to Japanese brand, Honda in June, a hacking attack hitting internal production systems cost the company around $250,000 in bitcoin.

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