Pages:
Author

Topic: Bitcoin adoption heat map (Read 3608 times)

legendary
Activity: 1002
Merit: 1000
Bitcoin
October 15, 2012, 09:22:00 PM
#24
Seems to be a definite bias towards cold climates.  I wonder whether that will change with ASIC mining.

Eh, indeed, im in northern Canada, my mining rig heat my basement, specially in winter !  no more need to lit the fireplace Wink

I'm pretty surprised that Canada comes before US !!!
foo
sr. member
Activity: 409
Merit: 250
October 15, 2012, 06:59:34 PM
#23
Avout Slovenia, power prices are moderate but maybe there are some individuals that are heavily investing in bitcoins, whatever their purpose.
Probably an anomaly, it's such a small country.
Slovenia is home to bitstamp.net, at least.
hero member
Activity: 632
Merit: 500
October 15, 2012, 06:33:41 PM
#22
Canada I don't know?

Canada have the environment to be a wet dream for all miners. We have cheap electricity, awesome access to every computer part needed and the mining heat can be considered like a profit half of the year. We also have Virtex, an awesome exchange where you can buy BTC in usually less than 2 days by using direct transfer from bank account. I never saw any canadian complaining about buying/selling Bitcoins since it's so easy.

And overall, it's a well developed country and is similar to Finland and Sweden in many ways (it depends of the province though).
newbie
Activity: 41
Merit: 0
October 15, 2012, 04:58:43 PM
#21
Avout Slovenia, power prices are moderate but maybe there are some individuals that are heavily investing in bitcoins, whatever their purpose.
Probably an anomaly, it's such a small country.
hero member
Activity: 728
Merit: 500
October 15, 2012, 04:48:46 PM
#20
Top 5 is:
-Finland
-Island
-Slovenia
-Sweden
-Canada

For what concerns Finland and Sweden, I think it's due to the quality of internet literacy and their education to democracy, as well as the purchasing power of citizens: average salaries are very high so I'd say they can afford buying GPUs for fun - or maybe for home heating  Grin
Same could be said for Iceland, and on top of that the price of electrical power supply are ridiculously low over there, thanks to geothermal power plants.

Avout Slovenia, power prices are moderate but maybe there are some individuals that are heavily investing in bitcoins, whatever their purpose.
Canada I don't know?
legendary
Activity: 1232
Merit: 1001
October 15, 2012, 01:20:39 PM
#19
Personally, I think it's even less than 200.000. If only 10% of all users would run a full node, it would be about 40.000 BTC Users. Nuber of total Nodes connected = 4337.

Source http://bitcoinstatus.rowit.co.uk/ --> some nice stats there.
full member
Activity: 196
Merit: 100
October 15, 2012, 01:15:22 PM
#18
Something is strange with that numbers Undecided
Bitcoin magazine claim near 1 milion of bitcoin users (is 0,01% of the whole word population or 40 every 100000 intenet user). There'll be at least 1000 shops (from bitpay alone) accepting bitcoins and this is 0.04 over 100.000 internet user. From the source of your data, if the numbers are correct, there are only 16500 nodes in the whole world. I think that some node is not properly counted for some reason  Undecided

Number of nodes is much lower than number of users, they should not be compared. Also, 1 million is probably very optimistic number, my guess is much lower (200k).
donator
Activity: 213
Merit: 100
October 15, 2012, 10:59:26 AM
#17
I think that there is some problem with the nodes showed: I've 2 active nodes from 2 different IP but neither shows in the list
http://blockchain.info/connected-nodes

I, too, wondered about that earlier, but on the page it does say "List of nodes blockchain.info is connected to", which admittedly does not imply "List of all nodes", so that's probably the explanation.
legendary
Activity: 938
Merit: 1000
October 15, 2012, 10:53:39 AM
#16
Here some other references on the same topic. Not very accurate but it gives a good idea

http://blockchain.info/unconfirmed-transactions
http://blockchain.info/nodes-globe

I think that there is some problem with the nodes showed: I've 2 active nodes from 2 different IP but neither shows in the list
http://blockchain.info/connected-nodes
sr. member
Activity: 383
Merit: 250
October 15, 2012, 10:42:53 AM
#15
Hmm... I would have thought that the US had more nodes. Thank you for this thread, very en-lighting.
legendary
Activity: 1372
Merit: 1000
--------------->¿?
October 15, 2012, 10:05:13 AM
#14
Here some other references on the same topic. Not very accurate but it gives a good idea

http://blockchain.info/unconfirmed-transactions
http://blockchain.info/nodes-globe
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
October 15, 2012, 09:23:39 AM
#13
That's cool. Thanks for posting. It looks like it has caught on in countries where one can heat there home while mining.  Grin
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
October 15, 2012, 09:21:26 AM
#12
Great idea! For those wondering about where the data came from, discussion is in this thread: adoption by country: nodes per capita.


legendary
Activity: 1310
Merit: 1000
October 15, 2012, 09:20:10 AM
#11
Something is strange with that numbers Undecided
Bitcoin magazine claim near 1 milion of bitcoin users (is 0,01% of the whole word population or 40 every 100000 intenet user). There'll be at least 1000 shops (from bitpay alone) accepting bitcoins and this is 0.04 over 100.000 internet user. From the source of your data, if the numbers are correct, there are only 16500 nodes in the whole world. I think that some node is not properly counted for some reason  Undecided

This isn't really surprising. I would assume a majority of more casual users don't run nodes but have a web wallet of some sort, thereby not showing up in these statistics.

Has to be, I feel like more than 6000 people in the USA are involved in BTC. Maybe not though?
hero member
Activity: 540
Merit: 500
COINDER
October 15, 2012, 08:53:49 AM
#10
Seems to be a definite bias towards cold climates.  I wonder whether that will change with ASIC mining.
Top 5 is:
-Finland
-Island
-Slovenia
-Sweden
-Canada

mmm could it have something to do with the ratio of population relative to the number of internet connections in that country?
poplation vs internet use becours these countries are widespread with low population i,m just guessing.. Huh Huh


donator
Activity: 162
Merit: 100
October 15, 2012, 08:17:27 AM
#9
Something is strange with that numbers Undecided
Bitcoin magazine claim near 1 milion of bitcoin users (is 0,01% of the whole word population or 40 every 100000 intenet user). There'll be at least 1000 shops (from bitpay alone) accepting bitcoins and this is 0.04 over 100.000 internet user. From the source of your data, if the numbers are correct, there are only 16500 nodes in the whole world. I think that some node is not properly counted for some reason  Undecided

This isn't really surprising. I would assume a majority of more casual users don't run nodes but have a web wallet of some sort, thereby not showing up in these statistics.
donator
Activity: 213
Merit: 100
October 15, 2012, 07:17:06 AM
#8
Finland's position comes as no surprise; here's a recent news clip from Finnish television (with English subtitles) regarding Bitcoin uptake:

http://www.youtube.com/watch?v=7vYH1JH73pw

Quote
Bitcoin has made considerable progress in Finland in the past few months, with a veggie burger restaurant chain, a dentist office, a funeral service, soon a movie theater, and many others accepting Bitcoin in Finland.
newbie
Activity: 49
Merit: 0
October 15, 2012, 04:23:00 AM
#7
Not really surprising countries imo. Nordic countries + several english speaking countries and a couple of other active european countries.
legendary
Activity: 938
Merit: 1000
October 15, 2012, 04:11:39 AM
#6
Something is strange with that numbers Undecided
Bitcoin magazine claim near 1 milion of bitcoin users (is 0,01% of the whole word population or 40 every 100000 intenet user). There'll be at least 1000 shops (from bitpay alone) accepting bitcoins and this is 0.04 over 100.000 internet user. From the source of your data, if the numbers are correct, there are only 16500 nodes in the whole world. I think that some node is not properly counted for some reason  Undecided
legendary
Activity: 1330
Merit: 1000
October 15, 2012, 03:18:42 AM
#5
Seems to be a definite bias towards cold climates.  I wonder whether that will change with ASIC mining.
Pages:
Jump to: