INDUSTRY GROWTH: 2014 to 2015
Key Bitcoin Adoption Metrics
Quai Year Ago June-15 March-15 Q2/Q1A Q1/Q4A June-14 A
Commerce
Wallets 9,345,510 8,457 207 11% 14% 5,467,263
Merchants 100,000 88,000 14% 7% 65,640
Merchants’ annual revenue ($bn) 187 187 0% 4% 30
ATMs 426 374 14% 9% 126
Unique bitcoin addresses 261,770 203,189 29% 29% 136,152 Industry
All-time VC investment ($m) $832 $687 21% 50% $252
Number of VC-backed startups 113 105 8% 15% 58 Media
Mainstream media mentions 371 458 -19% -10% 1035 -64% Tt
Network hash rate (billion/second) 351,177,610 346,028,956 1% 11% 104,506,281 3x Valuation
Bitcoin market capitalization ($bn) $3.8 $3.4 11% -22% $8.0 -53% Data sources and notes: CoinDesk, Blockchain. info, BilcoinPulse, Gahub, Coin ATM Radar. Figures are cumulative from start of records, except unique
bitcoin addresses and media mentions, which are figures for the quarter ending that month. Number of VC-backed startups and VC investment unadjusted for closed companies: Melotic, Buttercoin, Bitinstant, and TradeHill
State of Bitcoin Q2 2015 CoinDesk
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