Saturday, April 8, 2017

2017 Global Cryptocurrency Benchmarking Study released


We are very pleased to release our report highlighting findings from the 2017 Global Cryptocurrency Benchmarking Study.  The full report PDF can be downloaded here and a brief article summarising the study can be read here.

The 
114-page report presents findings from the first major empirical research study of the cryptocurrency industry that utilises non-public ‘off-chain’ data. It is based on data gathered from nearly 150 cryptocurrency companies and individual operators in 38 countries, and covers four key industry sectors — exchanges, wallets, payments and mining. 

Study highlights include: 


  • our estimate that between 5.8 million and 11.5 million cryptocurrency wallets are ‘active’ as of today
  • transaction volume from users of the largest wallets generally ranges between 10-25% of total bitcoin transaction volume
  • detailed information about security and compliance practices at cryptocurrency companies 
  • a global map of cryptocurrency mining by country

We hope you find the study findings useful, and as we will be benchmarking the cryptocurrency industry on annual basis we very much welcome your suggestions and feedback.