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When it was introduced in 2010, it was worth only $0.09. However, Bitcoin cryptocurrency growth statistics show that it started to grow in 2012 when it started the year at $5.27 and finished it at $12.56. 

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In 2013, James Howells, who lives in Wales, U.K., threw out a hard drive with 7,500 bitcoins on it. When he realized how much the value of Bitcoin had shot up in recent years, he went looking for the drive. Now, he’s trying to get his local city council to allow him to excavate the landfill in an attempt to find the drive. He’s claiming to offer a portion of the proceeds if the city allows him to look through the trash.

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An interesting bitcoin fact is that when the protocol for the bitcoin network was set up, the limit was set at 21 million coins. As a result, at some point, no more new bitcoins can be created by cryptocurrency miners.

When you help complete transactions on the bitcoin blockchain, you’re said to be bitcoin mining by using computing power through a process known as proof of work. You can receive a reward for mining bitcoin in the form of the digital currency itself.

The reward halves every 210,000 blocks, which has worked out to about every four years. As of September 2022, the total number of circulating bitcoin is 19.15 million. This leaves a few million bitcoin yet to be mined, which is part of why mining remains a popular activity.

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On May 22, 2010, a man in Florida paid 10,000 bitcoins (BTC) for two pizzas. This is generally recognized as the first bitcoin transaction for a commercial purpose.

At the time, 10,000 bitcoins were worth about $40, making one bitcoin worth a little less than half a cent. If you had that number of bitcoins in September 2022, you'd be a bitcoin millionaire. 10,000 bitcoins have a market value of more than $190 million.

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Bitcoin is legal tender in El Salvador as of 2021. This means that the people of El Salvador will be able to use Bitcoin for trade. Shops also have to provide customers with a way of paying with Bitcoin. El Salvador will still be using US dollars, though, so their citizens can choose.💯💯

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