Bitcoin

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How long does it take to mine 1 bitcoin?

10 minutes

In 2010, a man traded bitcoin for 2 pizzas, how much bitcoin did he pay?

10,000 BTC

What was the largest bitcoin transaction of all time?

161,500 BTC

How many bitcoin have been mined as of now? (May, 2021)

18.5 million

When was the first bitcoin mined?

2009

What is the maximum bitcoin that will ever be in circulation?

21 million

When will the last bitcoin be mined?

2140

After how many years are the rewards for bitcoin halved?

4

The first bitcoin to fiat transaction was worth $5.02, how many bitcoin were transferred?

5,050 BTC

What was the initial reward for mining a block of bitcoin?

50 BTC

How many times should a transaction be confirmed before it is processed?

6

How many bitcoin are currently awarded from mining a block?

6.25 BTC

How many GW does it require to mine a bitcoin on average?

72,000

How many decimal places can a bitcoin be broken in to?

8

What is currently the largest Bitcoin mining pool? (May 2021)

AntPool

What is a bitcoin currently worth? (May 2021)

$55,000

What is 1 Satoshi worth?

0.00000001 BTC

Roughly how many bitcoin miners are currently in operation?

1 million

Satoshi Nakamoto currently holds the most bitcoins of anyone in the world, how many is he estimated to have?

1.1 million

Where is the transaction history of bitcoin stored?

Blockchain

What is a bitcoin wallet that is not connected to the web or internet?

Cold Wallet

True/False - Bitcoin is a centralized currency

False

True/False - Bitcoin transactions can be refunded or canceled

False

What is a bitcoin wallet that is connected to the internet?

Hot Wallet

What was the name of the programmer who traded bitcoin for a pizza?

Laszlo Hanyecz

Who conducted the first bitcoin to fiat currency transaction.

Martti Malmi

Who created bitcoin?

Satoshi Nakamoto

What is the oldest bitcoin farming pool?

Slush Pool

True/False - A bitcoin cannot be counterfeited

True

True/False - Paper currency is less durable than bitcoin

True


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