Bitcoin network usage and value 12-04-2019
Here I would like to present you some BITCOIN network data, that are useful, in my opinion, to get a better picture of the current value of the network, and accordingly, of the coin itself.
According to some theories, like the Mtcalfe law where a value of the network is calculated accordingly with how many people are currently using said network, more busy, and used is a network, more its value should be high.
It is easy to understand that if no one is using a certain network, even if it could be the best and more innovative ever, its value should be close to 0.
I started collecting the data and save them in a database the and since than I'm updating all the data once every hour.
All the data come from the blockchain.info API service.
THE CURRENT BITCOIN HASHRATE IS 41122348989.0 GIGA HASHES.
The hashrate is an important data to understand how safe the bitcoin network is. Higher the hashrate more difficult and expensive is to attack the network.
THE TOTAL TRANSACTIONS COUNTS DURING THE LAST 24 HOURS IS 270924
THE TOTAL AMOUNT OF BITCOIN TRANSACTED IN THE LAST 24 HOURS IS 1087016.63228749
THE TOTAL VALUE IN EURO OF THE LAST 24 TRANSACTIONS IS 3628135413.585955
THE TOTAL NUMBERS OF ACCOUNTS REGISTERED AT BLOCKCHAIN.COM IS 31765705
THE TOTAL NUMBER OF UNIQUE ADDRESSES USED ON THE BITCOIN BLOCKCHAIN IS 353051
All of these data, in our opinion, are a good indicator of the current status of the network and its evolution during time.
Thank for reading.
This content was generated by a BOT coded by DIGITALMINE
Posted from my blog with SteemPress : https://btc-network.digitalmine.tk/2019/04/12/bitcoin-network-usage-and-value-12-04-2019/
Source
Plagiarism is the copying & pasting of others work without giving credit to the original author or artist. Plagiarized posts are considered spam.
Spam is discouraged by the community, and may result in action from the cheetah bot.
More information and tips on sharing content.
If you believe this comment is in error, please contact us in #disputes on Discord
Hello bitcoin.network welcome to the Steemit Community great first post thank you for taking time out of your busy schedule just to join us and sharing this great post bitcoin.network we surely appreciate that so since your a Steemian now you have full control of your fun continue having it so feel free to explore post and enjoy your new Steemit account bitcoin.network thanks for choosing Steemit enjoy
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://steemit.com/bitcoin/@digital.mine/bitcoin-network-usage-and-value-17-12-2018-14