Technology

33 Signs that Bitcoin Growth Isn’t Slowing in 2016

Published

8 years ago

December 21, 2015

Jeff Desjardins

33 Signs that Bitcoin Growth Isn't Slowing in 2016

33 Signs that Bitcoin Growth Isn’t Slowing in 2016

It’s been a year of mixed results for cryptocurrency enthusiasts and speculators.

The biggest positive for Bitcoin is that it was actually the best performing currency this year, ahead of the US Dollar and the Israeli Shekel. Bitcoins have climbed a solid 21% in value over the course of the year in USD terms, and even more relative to other currencies. While the cryptocurrency hasn’t reached the heights it did in 2013, this is still a sign of positive strength.

On the other hand, mainstream news around Bitcoin over the course of 2015 has been distracting at best.

Ross Ulbricht, the man supposedly behind Silk Road, was sentenced to life imprisonment in May without the possibility of parole.

More recently, the Hunt for Satoshi has also heated up. Wired and Gizmodo subsequently both published reports that former Australian academic Craig Steven Wright was the creator of Bitcoin. Within hours, his house was raided by Australian police as part of an “unrelated” case. Days later, Wired rescinded its affirmation that Wright was the creator of the cryptocurrency, and instead asserted it was an elaborate hoax.

Lastly, despite close to $500 million in venture capital going into cryptocurrency-related pursuits, so far there hasn’t been any breakthroughs or apps that have captured the public’s eye. There has been progress and recognition around the merits of blockchain technology, but ultimately Bitcoin remains in the trough of disillusionment.

Bitcoin Growth in 2016

Today’s infographic highlights 33 signs that growth in Bitcoin will not slow down in 2016.

In our opinion, here are the most important reasons:

The total amount of VC investment in Bitcoin since 2012 is $927 million. Over half of this investment has occurred in 2015 alone.
World-class merchants now accept bitcoins for payment, including: Microsoft, Dell, Expedia, Dish, Overstock, TigerDirect, and Intuit.
Transaction fees with bitcoins are extremely low: 0.0001 BTC per 1000 bytes.
Daily transactions occurring with bitcoins amount to about $289 million per day. This is comparable to Paypal ($397 million), Square ($362 million), or Western Union ($216 million).

Original graphic by: BargainFox

Related Topics:bitcoin Satoshi Nakamoto cryptocurrency

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Technology

Ranked: Semiconductor Companies by Industry Revenue Share

Nvidia is coming for Intel’s crown. Samsung is losing ground. AI is transforming the space. We break down revenue for semiconductor companies.

Published

1 week ago

April 9, 2024

Pallavi Rao

A cropped pie chart showing the biggest semiconductor companies by the percentage share of the industry’s revenues in 2023.

Semiconductor Companies by Industry Revenue Share

This was originally posted on our Voronoi app. Download the app for free on Apple or Android and discover incredible data-driven charts from a variety of trusted sources.

Did you know that some computer chips are now retailing for the price of a new BMW?

As computers invade nearly every sphere of life, so too have the chips that power them, raising the revenues of the businesses dedicated to designing them.

But how did various chipmakers measure against each other last year?

We rank the biggest semiconductor companies by their percentage share of the industry’s revenues in 2023, using data from Omdia research.

Which Chip Company Made the Most Money in 2023?

Market leader and industry-defining veteran Intel still holds the crown for the most revenue in the sector, crossing $50 billion in 2023, or 10% of the broader industry’s topline.

All is not well at Intel, however, with the company’s stock price down over 20% year-to-date after it revealed billion-dollar losses in its foundry business.

Rank	Company	2023 Revenue	% of Industry Revenue
1	Intel	$51B	9.4%
2	NVIDIA	$49B	9.0%
3	Samsung Electronics	$44B	8.1%
4	Qualcomm	$31B	5.7%
5	Broadcom	$28B	5.2%
6	SK Hynix	$24B	4.4%
7	AMD	$22B	4.1%
8	Apple	$19B	3.4%
9	Infineon Tech	$17B	3.2%
10	STMicroelectronics	$17B	3.2%
11	Texas Instruments	$17B	3.1%
12	Micron Technology	$16B	2.9%
13	MediaTek	$14B	2.6%
14	NXP	$13B	2.4%
15	Analog Devices	$12B	2.2%
16	Renesas Electronics Corporation	$11B	1.9%
17	Sony Semiconductor Solutions Corporation	$10B	1.9%
18	Microchip Technology	$8B	1.5%
19	Onsemi	$8B	1.4%
20	KIOXIA Corporation	$7B	1.3%
N/A	Others	$126B	23.2%
N/A	Total	$545B	100%

Note: Figures are rounded. Totals and percentages may not sum to 100.

Meanwhile, Nvidia is very close to overtaking Intel, after declaring $49 billion of topline revenue for 2023. This is more than double its 2022 revenue ($21 billion), increasing its share of industry revenues to 9%.

Nvidia’s meteoric rise has gotten a huge thumbs-up from investors. It became a trillion dollar stock last year, and broke the single-day gain record for market capitalization this year.

Other chipmakers haven’t been as successful. Out of the top 20 semiconductor companies by revenue, 12 did not match their 2022 revenues, including big names like Intel, Samsung, and AMD.

The Many Different Types of Chipmakers

All of these companies may belong to the same industry, but they don’t focus on the same niche.

According to Investopedia, there are four major types of chips, depending on their functionality: microprocessors, memory chips, standard chips, and complex systems on a chip.

Nvidia’s core business was once GPUs for computers (graphics processing units), but in recent years this has drastically shifted towards microprocessors for analytics and AI.

These specialized chips seem to be where the majority of growth is occurring within the sector. For example, companies that are largely in the memory segment—Samsung, SK Hynix, and Micron Technology—saw peak revenues in the mid-2010s.