Annual Bitcoin Transactions

Annual Bitcoin Transactions

Proof Point

Yearly bitcoin transactions grew exponentially from 32,686 in 2009 to 82.7 million in 2016, an annual growth of 876%

Annual Bitcoin Transactions

2009 – 2016

Proof Point Findings

  • Bitcoin Transactions – Transfer of value between bitcoin wallets recorded in blockchain
  • Exponential Transaction Growth – Yearly bitcoin transactions increased from 32,686 in 2009 to 82,654,296 in 2016, an annual growth of 876%
  • 180 Million Total Transactions – Total bitcoin transactions recorded in blockchain exponentially grew from one at start of 2009 to 183,614,465 by end of 2016
  • Key Growth Drivers – Include growing number of merchants adopting bitcoins, growing public interest on bitcoin as alternative to traditional currencies, increasing focus given by central banks in bitcoin technologies, and expanding bitcoin applications, particularly in developing nations

Accelerator

Market Disruption

Sector

Financial Services, Information Technology

Source

Date Last Updated

June 23, 2017

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