Modern Australian
Men's Weekly

.

5 Surprising Facts About Bitcoin

  • Written by NewsServices.com

Bitcoin as a digital currency has been hitting the right buttons for quite some time now. The entire world is buzzing with excitement to learn more about this investment tool and test out the trend at their leisure. Since it is especially promising for businesses today, the current era cannot wait to have their hands on all important information regarding this Crypto. 

So, here is an exclusive list of facts that you must know about Bitcoin. We promise; it will help you make an informed decision every step of the way. Oh, but before we scroll through, make sure you visit 1K Daily Profit for some additional Bitcoin-related information. It could turn out to be exceptionally profitable for you. 

1. 668 Million Bitcoin Transactions As Of Now

Bitcoin was first inaugurated to the financial market in 2009. Since then, a source has suggested that this digital asset has made nearly 668 million transactions around the globe. This proves its credibility and efficiency in carrying out transactional tasks with quick force and responsibility. Some sources suggested that nearly 265, 714 transactions were being carried out per day when this was done. 

2. 2140 Might Be When The Final Bitcoin Is Mined

You may have heard or perhaps read it somewhere already that the total number of Bitcoins that the world can ever manufacture is 21 Million. Since 18 million of them have already been mined, it is obvious that by Mathematical calculations and logical reasoning, 2140 will be the last year when the final Bitcoin will be mined. We also know that some of the Bitcoins are already lost. So, it is a grave matter of concern today. 

3. 100,000 Bitcoin Millionaires Exist

Although it is quite tough to keep the score of the number of Bitcoin Millionaires that exist in the globe, sources predict that this could be the actual statistic. The problem of accuracy with Bitcoin Millionaires exists because the prices of the Crypto fluctuate a lot. On top of that, the wallets are highly anonymous. 

4. The First Commerical Bitcoin Transaction Was Pizza

In 2010, a man named Laszlo Hanyecz was known to have made a payment of 10,000 Bitcoins in return for two delicious Pizzas. After this happened, Bitcoin became common for buying Pizzas every year. Presently, it has become common for people to buy Pizzas with Bitcoins in many parts of the world. 

5. Nearly 20% BTC Is Forever Lost.

Recent sources suggest that nearly 20% of BTC has been lost forever or is probably trapped in any wallet that one will never be able to access. If we calculate the estimations, including today’s scene, the total would be 3.6 Million BTC.

Winding Up!

Bitcoin is built on a blockchain network which is one of the fastest developing Cryptos to exist today. Although the competition around Bitcoin is fierce, it is still said to be quite a hefty competitor for other assets similar to it. So, if you are planning on investing in it, you might be making a great choice. 

AUSTRALIAN NEWS

What is Power BI & Why Should Your Business Use It?

In today's data-driven world, businesses are constantly searching for ways to gain a competitive edge. One tool that has emerged as a game-changer is the application of Power BI. But...

Partner Visa Pathways: Onshore vs Offshore Applications Explained

Choosing between Australia’s onshore and offshore partner visa routes affects timing, travel, work rights and budget. This guide explains the structure of each pathway, what to expect after lodgement, and...

Understanding Australian Building Regulations: What Every Mornington Builder Wants You to Know

If you live on the Mornington Peninsula, you likely already feel the risk of bushfires,hot, dry summers, nearby bushland, and epic wind events. That means a renovation or new build...

Proving Partner Visas with Lawyers and Solid Evidence

You’re ready to build a life with your partner in Australia but the visa process quickly turns something personal into something official. Suddenly, your relationship needs to be proven with...

Real Estate Rubbish Removal That Keeps Properties Market-Ready

When it comes to real estate, presentation is everything. Whether it’s a property for rent or sale, first impressions count. Cluttered backyards, leftover furniture, and renovation debris can all turn...

Keeping Lone and Remote Workers Safe: Employer Duties and Practical Solutions

In Australia, thousands of employees work alone, in remote locations, or in direct contact with the public every day. While these roles are critical to the functioning of many industries...

An Overview of the Court Process in Australia

Image by freepikAustralia’s legal system is designed to uphold justice, resolve disputes and interpret the law fairly. It operates under a federal structure, meaning that both the Commonwealth (federal) and...

What is RPL in Australia?

RPL is Recognised Prior Learning and refers to skills you already have that can be credited for further study or learning. For example, previous courses you have taken, your current...

“North of the River” Vs “Over the Bridge” – What’s in Brisbane’s ongoing North Vs South Feuds?

Greater Brisbane Australia’s largest capital city by land area, coming in at 15,824 square kilometers, and ranks number three worldwide. It has Australia’s largest city council and northern neighbour Moreton...

Comfort and Style with Ceiling Fans Perth

While air conditioning is common, it is not always the most cost-effective or sustainable solution, particularly during long hot summers. For homeow...

How Professional Air Conditioning Services Improve Comfort and Efficiency

Air conditioning has become a fundamental part of homes and businesses, providing relief from sweltering summers and keeping interiors warm in winte...

The Value of Professional Rubbish Removal Services

From everyday waste to bulky items like furniture and appliances, finding the right way to dispose of rubbish is not always straightforward. This is...

Why Ugly Websites Sometimes Outperform Beautiful Ones

In the digital age, we're constantly told that first impressions matter, and nowhere does this seem more apparent than in web design. However, a cur...

TPD Claims & Super: What Does It All Mean?

Many Australians hear the term "TPD" in relation to their superannuation and feel completely lost. If you're scratching your head, wondering what it...

What Does Breastfeeding Feel Like? A Guide for New Moms

Frequently, numerous new mothers wonder, "What does breastfeeding feel like?" The feeling is different for each individual - a few describe it as a ...

Best Nail Care Routine for Frequent Nail Polish Wearers

For many people, nail polish is more than a beauty statement – it’s part of their everyday routine. Whether you love bold colours, chic neutrals...

Reinventing Research: How E-Libraries Are Changing Education Forever

A New Chapter for Learning For centuries libraries stood as temples of knowledge filled with shelves that smelled of dust and paper. Today the same...

Psychologists Explore Gestalt Vs Schema Therapy for PTSD Treatment

Recent research has revealed that in 2022, 1 in 9 Australians experienced post-traumatic stress disorder (PTSD). For some, this can significantly im...

Beyond Sunscreen: Building a Sun-Smart Culture in Modern Australia

Australia’s sun-soaked lifestyle is a defining part of its national identity. From beaches and sports fields to weekend barbecues and bushwalks, t...

What is Power BI & Why Should Your Business Use It?

In today's data-driven world, businesses are constantly searching for ways to gain a competitive edge. One tool that has emerged as a game-changer i...

From Service to Strength: How Aussie Veterans Are Rebuilding Their Lives with Everyday Support

Life after military service can bring new challenges. From physical limitations to mental health hurdles, many Australian veterans find everyday hou...

The Best Times of Year to Buy a Caravan

If you're shopping for caravans for sale, timing matters almost as much as the layout and features you desire. The calendar shapes price, stock and ...

The Growing Demand for Smart Living Through Home Automation

Technology has reshaped how we communicate, work, and travel—but now, it’s also changing the way we live at home. The rise of home automation i...

Beyond Clicks and Likes: Why Many Small Businesses in Australia Still Aren’t Leveraging Digital Marketing in 2025

Introduction In 2025, online marketing has become the driving force behind business growth for companies of all sizes. Yet, despite its proven effect...

Lighting Shop Perth: Your Comprehensive Guide to Choosing the Right Lighting Solutions

Lighting is a fundamental element in defining the ambiance, functionality, and aesthetic appeal of any space. Whether you are renovating your home, ...

Private Booze Cruisers – The New Must-Have Toy for Cashed Up Millennials

Did you hear that your 30s are the new 20s? We’ve finally rocked up that adult money and now it’s time to play with it. I was going for a walk ...

Grinding & Jaw Soreness: Signs You Might Need Night Guards and How We Protect Enamel

Waking with a tight jaw, tender muscles, or a dull temple headache is more than a bad night’s sleep. Many Australians grind or clench their teeth ...