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A High Fully Diluted Valuation (FDV) To Marketcap Ratio Is Much Worse Than You Realize! Here’s Why:

Newbies in crypto often don’t realise quite how important Fully Diluted Valuation (FDV) is. They often don’t realise the fact that the marketcap of a crypto is almost always vastly greater than the liquidity — and then further fail to understand that the although the fully diluted marketcap of a crypto may be say two […]

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Bitcoin

How many US dollars worth of new bitcoin are mined per year? (Answered)

Approximately 6.25 new bitcoins are mined every 10 minutes (see note on the ‘bitcoin halving cycle’ below), which equates to approximately 900 new bitcoins per day. This roughly translates to around 328,500 bitcoins per year. As of October 2023, one bitcoin is worth approximately $28,000, so doing the math: = 328,500 × $28,000 = $9,184,000,000 […]

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Bitcoin

The Bitcoin Scaling Problem In A Nutshell (Explained Really Simply – So That Anyone Can Understand It)

The size of the entire Bitcoin blockchain grows at a pace of approximately one additional megabyte of data (known as a block) every ten minutes (and has done since it began way back in 2009) — making it (so far) approximately 500GB in size (so half a terabyte, i.e. 0.5TB). The 1MB block size allows […]

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Bitcoin Bitcoin Cash Dash Dogecoin Ethereum Litecoin

How Many Gigabytes Is The Entire Bitcoin Blockchain So Far? (Plus Also Ethereum, Litecoin, Dogecoin and Bitcoin Cash – Compared)

Trying to find out how big the entire Bitcoin blockchain (also known as the Bitcoin ‘ledger’) is? The size of the entire Bitcoin blockchain grows at a pace of approximately one additional megabyte (MB) every ten minutes (and has done since it began way back in 2009). As of August 2023 it is a pretty […]

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Bitcoin

How Much Would Everyone On Earth Each Have To Spend To Buy Up All The Newly Mined Bitcoin Per Day?

There are about 900 brand new bitcoins mined/created per day. There are about 7 billion people on Earth. So splitting all 900 new bitcoins equally, allocating an equal share of all of these to everyone on Earth each day, would result in 900/7,000,000,000 bitcoins = about 0.00000012857 bitcoins per person. A bitcoin is divisible by […]

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Bitcoin gold

How Much Would The Entire Market-Cap Of Bitcoin Be Worth In Tonnes Of Gold (Answered)

Let’s explore Bitcoin priced in gold (all prices as of August 2023). The entire market cap of Bitcoin is currently roughly 570 billion US dollars (i.e. over half a trillion US dollars). At current market prices, one kg of gold is approximately $60,000, giving us one metric tonne of gold having a price of approximately […]

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investing

Asymmetrical Odds vs Asymmetrical Outcomes (Explained)

Two incredibly important concepts when making any investment, but especially important when investing in cryptocurrencies (you’ll see why below), are the concepts of ‘asymmetrical odds’ and ‘asymmetrical outcomes’. What does ‘asymmetrical odds’ mean? Asymmetrical odds means a situation in which the probabilities of two events occurring are not equal (not 50%) for each event, i.e. […]

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Bitcoin

How Many New Bitcoin Are Mined/Created Per Day? (Answered)

Every ten minutes Bitcoin adds a new block to its blockchain. Every new block is approximately 1MB in size (meaning every ten minutes the entire blockchain grows by approximately 1MB in overall size). Each of these blocks contains on average roughly 2,000 bitcoin transaction, and every new block that is mined carries a reward of […]