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{{year}}{{Infobox year|year=2011
{{year}}{{Infobox year|year=2011
|firstblock=100410
|blocks=59,626
|supply=5,020,450
|mining=2,981,300
|startdifficulty=14,484
|enddifficulty=1,159,929
|hashrate=
|open=$0.30 USD
|high=$31.91 USD
|low=$0.29 USD
|close=$4.70 USD
|marketcap={{increase}} $23.6 million USD
|blockvalue={{increase}} $235.00 USD
|blockreward=50 BTC
|blockreward=50 BTC
}}'''2011''' was the third year since the launch of [[Bitcoin]]. [[Dollar parity]] was achieved as [[Satoshi Nakamoto]] departed.__TOC__
}}'''2011''' was the third year since the launch of [[Bitcoin]]. [[Dollar parity]] was achieved as [[Satoshi Nakamoto]] departed.__TOC__
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==Events==
==Events==
===January===
===January===
01 – The year [[2010]] came to a sudden end.
*02 – [[Luke Dashjr]] standardizes [[Tonal Bitcoin]].
*08 – [[Bitcoin Pooled Mining]] reaches 10 [[hash per second|Ghash/s]].
*28 – [[Block]] 105000 is [[mining|mined]], meaning the supply of bitcoins reaches 25% of its [[controlled supply|target]].
===February===
*09 – Bitcoin achieves [[dollar parity]]. 1 bitcoin trades for 1 US dollar on [[Mt. Gox]].<ref>[http://news.slashdot.org/story/11/02/10/189246/Online-Only-Currency-BitCoin-Reaches-Dollar-Parity Online-Only Currency BitCoin Reaches Dollar Parity]</ref>
*10 – News of dollar parity attracts significant attention; [[bitcoin.org]] struggles to handle the traffic.<ref>{{cite btct|id=3444|title=HUGE spike in Google trends|date=2011-02-13}}</ref>
*14 – For the first time, a vehicle is offered for a sum of bitcoins. It was a 1984 Celica Supra for 3000 BTC.<ref>{{cite btct|id=3485|title=Car for Sale - Australia|date=2011-02-14}}</ref> A buyer was never found.
===March===
*01 – [[Jed McCaleb]] sells [[Mt. Gox]] to [[Mark Karpelès]].
*06 – The network hashrate [[March 6, 2011 hashrate anomaly|briefly doubles]].<ref>[http://bitcoin.atspace.com/mysteryminer.html]</ref>
*18 – BTC/USD exchange rate reaches a 6-week low point at almost $0.70/BTC, after what appeared to be a short burst of possibly automated sales at progressively lower prices. The price had been declining since dollar parity.
*22 – [[WeUseCoins]] publishes ''[[What is Bitcoin?]]'', which became a viral hit.
*25 – [[Difficulty]] decreases for the second time ever.
*27 – [[Britcoin]] is established, opening the first Bitcoin exchange for the Pound Sterling.
*31 – [[Bitcoin Brazil]] is established, opening the first Bitcoin exchange for the Brazilian real.
===April===
*05 – [[Bitmarket.eu]] is established, opening the first Bitcoin exchange for the Polish złoty.
*12 – The first Bitcoin put option contract is sold on [[Bitcoin-OTC]].
*16 – TIME publishes an article on Bitcoin.
*23 – The exchange rate reaches parity with the Euro and Pound Sterling.
*27 – [[VirWoX]] is established, opening the first Bitcoin exchange for the Linden dollar.
*30 – [[Difficulty]] tops 100,000.
===June===
*02 – The [[Mt. Gox]] exchange rate reaches an all-time high of $10.
*08 – The [[2011 bubble]] tops at over $30, and pops in the following week.
*13 – [[allinvain]] reports the theft of 25,000 BTC, worth $375,000.
*19 – [[Mt. Gox]] is compromised.{{clarification needed}}
*24 – [[Difficulty]] tops 1,000,000.
==References==
<references/>
{{wp}}
{{wp}}

Latest revision as of 17:09, 6 July 2015

Years: 2009 2010 2011 2012 2013
2011
Bitcoin year3
First block100410
Blocks solved59,626
Initial supply5,020,450 BTC
Bitcoins mined2,981,300 BTC
Difficulty14,484 — 1,159,929
Opening price$0.30 USD
Highest price$31.91 USD
Lowest price$0.29 USD
Closing price$4.70 USD
Market cap $23.6 million USD
Block value $235.00 USD
Block reward50 BTC

2011 was the third year since the launch of Bitcoin. Dollar parity was achieved as Satoshi Nakamoto departed.

Events

January

February

  • 09 – Bitcoin achieves dollar parity. 1 bitcoin trades for 1 US dollar on Mt. Gox.[1]
  • 10 – News of dollar parity attracts significant attention; bitcoin.org struggles to handle the traffic.[2]
  • 14 – For the first time, a vehicle is offered for a sum of bitcoins. It was a 1984 Celica Supra for 3000 BTC.[3] A buyer was never found.

March

  • 01 – Jed McCaleb sells Mt. Gox to Mark Karpelès.
  • 06 – The network hashrate briefly doubles.[4]
  • 18 – BTC/USD exchange rate reaches a 6-week low point at almost $0.70/BTC, after what appeared to be a short burst of possibly automated sales at progressively lower prices. The price had been declining since dollar parity.
  • 22 – WeUseCoins publishes What is Bitcoin?, which became a viral hit.
  • 25 – Difficulty decreases for the second time ever.
  • 27 – Britcoin is established, opening the first Bitcoin exchange for the Pound Sterling.
  • 31 – Bitcoin Brazil is established, opening the first Bitcoin exchange for the Brazilian real.

April

  • 05 – Bitmarket.eu is established, opening the first Bitcoin exchange for the Polish złoty.
  • 12 – The first Bitcoin put option contract is sold on Bitcoin-OTC.
  • 16 – TIME publishes an article on Bitcoin.
  • 23 – The exchange rate reaches parity with the Euro and Pound Sterling.
  • 27 – VirWoX is established, opening the first Bitcoin exchange for the Linden dollar.
  • 30 – Difficulty tops 100,000.

June

  • 02 – The Mt. Gox exchange rate reaches an all-time high of $10.
  • 08 – The 2011 bubble tops at over $30, and pops in the following week.
  • 13 – allinvain reports the theft of 25,000 BTC, worth $375,000.
  • 19 – Mt. Gox is compromised.[clarification needed]
  • 24 – Difficulty tops 1,000,000.

References

  1. ↑ Online-Only Currency BitCoin Reaches Dollar Parity
  2. ↑ BitcoinTalk thread 3444. HUGE spike in Google trends 2011-02-13.
  3. ↑ BitcoinTalk thread 3485. Car for Sale - Australia 2011-02-14.
  4. ↑ [1]
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