Cambridge University: Cryptocurrency Use Seeing ‘Significant Growth’

Cambridge University: Cryptocurrency Use Seeing ‘Significant Growth’

A report by Cambridge University’s CCAF reveals that the number of people using cryptocurrency today has seen significant growth and rivals the population of small countries. Global Cryptocurrency Benchmarking Study. The Cambridge Centre for Alternative Finance (CCAF) has recently published a research paper called Global Cryptocurrency Benchmarking Study, which examines several sectors of the global cryptocurrency industry, including exchanges, wallets, payment providers, mining and more. The study was led by Dr.Garrick Hileman, senior research associate at the CCAF and a researcher at the....


Related News

Cambridge University’s Third Crypto Study Records 101 Million Cryptocurrency ...

The University of Cambridge and the school’s Centre for Alternative Finance has published the third “Global Cryptocurrency Benchmarking Study.” The 71-page in-depth study examines the current growth of the crypto industry, mining, offchain activity, crypto asset user profiling, regulation, and security. The September 2020 third edition of the Global Cryptoasset Benchmarking Study concentrates on four market segments which include mining, payments, custody, and exchange. A great number of participants from the cryptocurrency industry took part in the University of....

Bitcoins buy beer in Cambridge

Speculating on Bitcoin is all well and good, but what about real world purchasing? Well, there are a few enterprising corners dotted around the United Kingdom where brave business people have begun offering bitcoin payments. Just see Bitcoin Travel for examples, two of which can be found in the venerable city of Cambridge (which has a proud history of computer science). We spotted an article on a blog called Cabume, which describes itself as "Tech news from the Cambridge cluster". The post tells the story of Andrew Bower who bought a pint of beer for 0.0202 BTC, equivalent to £1.55 (GBP).....

Kazakhstan Is Emerging As A Significant Player In Crypto Mining

Data from the University of Cambridge shows that Kazakhstan’s share of the global crypto hash rate is rising. This is also the case for the U.S as well. Interestingly, the data provided only goes up to April. This was around the time Chinese authorities became increasingly vocal about cracking down on the cryptocurrency sector. Based […]

Cambridge University Acknowledges Need For Blockchain Education

For the longest time, there has been a shift in though from Bitcoin to blockchain in the financial world. The increasing Bitcoin hype poses one interesting question: what is blockchain? Cambridge University wants to help answer that question. Blockchain Knowledge Is Disappointing. Although a lot of financial experts claim the blockchain will solve all of the problems, they have a hard time actually explaining the technology. Some people may argue this difficulty is due to the technology being too new for anyone to grasp entirely, and they would be partially correct. However, disruptive....

University of Cambridge Bitcoin Mining Map Shows China’s Hashrate Dropped to 46%

After the researchers from the Cambridge Bitcoin Electricity Consumption Index (CBECI) project said that the website’s “Bitcoin Mining Map” had not been updated since April 2020, the map has finally been updated. Current data from the mining map shows the coverage goes all the way up until April 2021, and the estimate of China’s hashrate dominance is much lower than previous estimates. New Estimates Show China Has Less Hashrate Than Previous Statistics University of Cambridge data from the Cambridge Bitcoin Electricity Consumption Index (CBECI) indicates that China....