I think it would be interesting and perhaps informative to see how gold and bitcoin relate, as they are very similar.
So how much would a bitcoin weigh and be worth if it was gold?
The total amount of bitcoins mined: 11,030,500 BTC
The estimated total amount of gold mined: 190,000 tonnes
1 tonne of gold converted to USD: $47321772.64
Some other factors that are important for getting more useful results:
-Average gold price.
-Total amount in circulation of both BTC and gold.
-Cost to mine bitcoin in comparison to gold (At what point it becomes profitable).
-Mining rates of bitcion in comparison to gold.
Topic: How much would bitcoin be worth and weigh if it was gold? (Read 388 times)
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