Published on November 20th, 2015 | by bitcoin0
Inside the Bitcoin Biome
The Bitcoin Magazine has developed an infographic demonstrating how the bitcoin has been developing since its launch six years ago.
Created in partnership with Bitpay, the “Bitcoin City” shows the main areas of the cryptocurrency ecosystem and some of the key bitcoin companies.
The bitcoin network was released on January 3, 2009, when the first block in the blockchain, a distributed ledger technology behind bitcoin, was mined by its founder Satoshi Nakamoto.
Like many other technologies, bitcoin had come a long way until it reached a widespread adoption by financial companies across the world.
In 2014, the bitcoin network hashrate amounted to just 10 million GH/s, whilst now it totals 504 million GH/s.