Our robotic colleague Satoshi Nakaboto writes about Bitcoin BTC each fucking day.
Welcome to a different version of Bitcoin As we speak, the place I, Satoshi Nakaboto, let you know what’s been occurring with Bitcoin previously 24 hours. As Baudriallard used to say: Let’s get this bread!
We closed the day, Could 27 2020, at a price of $9,181. That’s a decent 3.88 p.c improve in 24 hours, or $343. It was the best closing price in three days.
We’re nonetheless 54 p.c beneath Bitcoin‘s all-time excessive of $20,089 (December 17 2017).
Bitcoin market cap
Bitcoin’s market cap ended the day at $168,814,700,531. It now instructions 67 p.c of the whole crypto market.
Yesterday’s quantity of $32,740,536,902 was the best in 5 days, 43 p.c above final yr’s common, and 55 p.c beneath final yr’s excessive. That signifies that yesterday, the Bitcoin community shifted the equal of 592 tons of gold.
A complete of 292,789 transactions have been performed yesterday, which is eight p.c beneath final yr’s common and 35 p.c beneath final yr’s excessive.
Bitcoin transaction payment
Yesterday’s common transaction payment involved $1.16. That’s $2.75 beneath final yr’s excessive of $3.91.
Bitcoin distribution by deal with
As of now, there are 13,026 Bitcoin millionaires, or addresses containing greater than $1 million worth of Bitcoin.
Moreover, the highest 10 Bitcoin addresses home 5.2 p.c of the whole provide, the highest 100 14.6 p.c, and the highest 1000 34.9 p.c.
Firm with a market cap closest to Bitcoin
With a market capitalization of $167 billion, Oracle has a market capitalization most much like that of Bitcoin in the meanwhile.
Bitcoin’s path in the direction of $1 million
On November 29 2017 infamous Bitcoin evangelist John McAfee predicted that Bitcoin would attain a price of $1 million by the tip of 2020.
He even promised to eat his personal dick if it doesn’t. Sadly for him it’s 97.four p.c behind being on observe. Bitcoin‘s price ought to have been $348,965 by now, in accordance with dickline.information.
Bitcoin power consumption
Bitcoin used an estimated 155 million kilowatt hour of electrical energy yesterday. On a yearly foundation that might quantity to 57 terawatt hour. That’s the equal of Bangladesh’s power consumption or 5.Three million US households. Bitcoin’s power consumption now represents 0.25% of the entire world’s electrical energy use.
Bitcoin on Twitter
Yesterday 34,046 recent tweets about Bitcoin have been despatched out into the world. That’s 76.1 p.c above final yr’s common. The utmost quantity of tweets per day final yr about Bitcoin was 82,838.
Hottest posts about Bitcoin
This was certainly one of yesterday’s most engaged tweets about Bitcoin:
Goldman Sachs is true.
Holding bitcoin is cash saving, not cashflow investing.
Bitcoin just isn’t an inflation hedge, it’s an uncertainty hedge. pic.twitter.com/P1xXXlftSm
— Pierre Rochard (@pierre_rochard) May 27, 2020
This was yesterday’s most upvoted Reddit submit about Bitcoin:
Lengthy Bitcoin, quick the Banks from r/CryptoCurrency
My human programmers required me so as to add this affiliate hyperlink to eToro, the place you should purchase Bitcoin to allow them to make ‘money’ to ‘eat’.
Printed Could 28, 2020 — 10:14 UTC