How much is 1 Bitcoin to the ruble, and what to expect in the future


1 Bitcoin — a unit of change in cryptocurrency issued since the beginning of 2009. In almost 10 years of existence, the digital coin has transformed from an unknown virtual unit into the dream of millions of investors. By 2013, the Bitcoin exchange rate reached 43,000 rubles, and as of December 6, 2022, it was equal to 388.4 thousand rubles. It is not surprising that the virtual coin is in active demand and is considered a promising tool in the cryptocurrency market.

Weighted average BTC rate

In the financial sector, the term “ weighted average rate ” often appears. As of December 6, 2018, this parameter for 1 BTC is equal to 270.669 thousand rubles. Unlike the current value, the weighted average rate is an indicator that reflects the price of a digital coin over a certain time period. The need for its introduction is due to the strong volatility of Bitcoin during the trading day, which creates difficulties for investors and people who control the value of the virtual coin.

The weighted average is used during trading on exchange platforms, when investors analyze the value of cryptocurrency, when executing important contracts on the BTC futures market, or when preparing financial reports. The presence of such a parameter allows you to see the average cost for a certain time period (usually the current day).

Bitcoin exchange rate change

During its existence, the value of Bitcoin has undergone significant changes. Today, for 1 BTC you can easily get 3.8 thousand dollars, and at the start of the emergence of cryptocurrency, no one thought about success. The Bitcoin coin was created as an internal currency for games. Thanks to its unique technology, it managed to gain a foothold and become a real threat to fiat money.

Early years

The first coin appeared on January 3, 2009, and on October 5 the official rate was published. For just 28 rubles you could buy about 1,300 Bitcoins, but already in 2010 the situation improved. The cryptocurrency community is paying more attention to the new currency, adherents of the blockchain system have appeared, and Bitcoin mining is gaining popularity. Since the winter of 2010, the Bitcoin Market platform has been operating, allowing network participants to buy digital money. At the end of spring, the first real purchase for BTC was made. User Laszlo Heinitz bought a pizza and paid 10 thousand Bitcoin for it.

In the summer of 2010, the cost increased to 1.8 rubles per coin, and in the fall the price reached 8 rubles. A 2010 analysis showed the importance of this time period. It was during this period that the exchange was opened, the first purchase for digital money was made and a public miner was created. Already in November, Bitcoin’s capitalization reached one million dollars, and in December the largest pool, Slush pool, was opened (still open today).

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2011

The emergence of pools and exchange platforms contributed to the increase in the value of Bitcoin relative to the ruble and other currencies. So, in January 2011, for one BTC they gave about 11 rubles, and a month later the cost increased to 30 rubles. At that time, this amount was equivalent to one US dollar. Tens of thousands of people are joining Bitcoin mining, NVIDIA and AMD video cards are gaining popularity, and the demand for cryptocurrency is increasing.

In May 2011, the cost reached 170 rubles, and after 30 days it tripled - to 615 rubles. The rapid growth was short-lived, and in September 2011 the cryptocurrency was sold for 150–160 rubles. per coin

The main event of this year was the hacking of the cryptocurrency wallet of the creator of the Bitcoin forum. As a result, the criminal stole 25 thousand coins, and six days later hackers attacked the Mt.Gox service. The attackers hacked and obtained personal information about 60 thousand users. Against this background, the price of BTC has dropped . The first conversations appeared about the similarity of digital money to a financial “soap bubble” ready to “burst” at any moment.

Among the positive events of 2011, it is worth highlighting the opening of several trading platforms with the ability to convert Bitcoin into British pounds, Brazilian reals and other coins, the appearance of the first mobile applications for purchasing Bitcoins, and the holding of the first conference on cryptocurrency. During this period, investors understood the dependence of the value of Bitcoin on market sentiment and events occurring around digital money. By December 2011, the price of Bitcoin reached 150–160 rubles.

year 2012

At the beginning of 2012, one Bitcoin was already sold for 210 rubles; in the subsequent six-month period, the price of the cryptocurrency did not fall below 200 rubles. per coin. Since the summer of 2012, the price of BTC began to rise, and by mid-autumn it was at the level of 400 rubles. By the end of the year, the price of Bitcoin was 410 rubles.

The key events of this year include the reduction of the premium for one block by half (to 25 Bitcoins), the closure of the large TradeHill exchange, the creation of Coinbase and the Bitfloor hack with the theft of 24 thousand Bitcoins.

year 2013

The first transactions with Bitcoin in Russia date back to 2013 —it was then that the official exchange rate against the Russian ruble appeared. Before this, users could buy cryptocurrency on foreign platforms. So, by the end of March 2013, for one Bitcoin they gave 2442 rubles, and at the beginning of April - already 7.5 thousand. In June, another drawdown occurred, and the value of the cryptocurrency fell to 3,000 rubles. By the end of 2013, Bitcoin expected another jump and an increase in value to 43,000 rubles. per coin.

Significant events of this period:

  • popularization of Bitcoin in the media,
  • the appearance of the WMX wallet in WebMoney,
  • hacking of Bitcoin Central and China's ban on the use of cryptocurrency in the country.

Despite a number of negative events, Bitcoin reached new heights at the end of 2013.

China's ban on Bitcoin was considered a major blow to the cryptocurrency market. This was the main reason for the sharp depreciation at the end of December 2013 (visible on the chart). The government has announced that digital currencies cannot be used as regular money, so their recognition is excluded. But the BTC bans did not affect the demand for cryptocurrency in the Middle Kingdom. At that time, 2/3 of Bitcoin transactions took place in this country.

year 2014

In 2014, BTC digital coins showed less volatility. At the beginning of the year, the rate reached 30,000–40,000 rubles, but by April the price dropped to 15,000–18,000. Until December 2014, the price of Bitcoin was at the level of 15,000–25,000 rubles, and a sharp jump followed by a decline took place on December 12, when the price jumped to 75.2 thousand rubles.

2014 was marked by a number of significant events:

  • closure of the BTC China exchange,
  • another hack of the Mt.Gox site,
  • application for declaration of insolvency.

Against this background, the value of the cryptocurrency dropped by May, but subsequently went up again. No less important events are the growing popularity of Bitcoin in Ireland, the arrest of one of the leaders of the Bitcoin Foundation and the discovery of problems with a number of users on the network.

2015

2015 was no less interesting for Bitcoin. During this period, digital money was characterized by special fluctuations in exchange rate prices. At the beginning of 2015, the cost of BTC was equal to 20,000 rubles, but already on February 7 there was a jump to 35 thousand. Immediately after this, the price went down and by mid-May it dropped to 11.6 thousand rubles. Subsequently, the price of BTC went up at short intervals. In September it reached 15.5 thousand rubles, and in December - 30-32 thousand.

As for significant events, it is worth highlighting the increase in the level of investment in cryptocurrency, the identification of those responsible for the theft of BTC on Silk Road, and the increase in the number of partners using blockchain technology in business. Bitcoin is actively being used for the implementation of new projects, which contributes to an increase in price.

2016

In 2016, a clear trend towards an increase in exchange rate value is again noticeable. If at the beginning of 2016 the rate was about 30,000 rubles, already in the summer it reached 40,000-45,000. After a slight drawdown, the price of BTC went up again, and in December it reached 60,000-65,000.

In 2016, the Japanese government decided to legalize digital coins. At the same time, Bitcoin received the same opportunities as fiat money. In August, the Bitfinex exchange was attacked with the theft of 120 thousand coins worth almost $60,000,000 (at that time). In 2016, the demand for digital money continues to grow, and the number of crypto ATMs is increasing.

2017

2022 was a landmark year in terms of the exchange rate price of Bitcoin, when the price of BTC from 60,000 rubles in January jumped to 1.2 million rubles in December of the same year. At the same time, the growth trend remained throughout all 12 months with the exception of short time intervals.

Significant events in 2022 include Australia’s waiver of taxes on the purchase of Bitcoin, the permission of transactions on exchanges in China, a significant increase in ICO volumes and an increase in the activity of miners. The maximum surge in price occurred in December 2022 amid investor activity and the appearance of BTC futures on major US commodity exchanges.

Let's play in an online casino?

One of the popular ways to make money online is through online casinos. Many people consider this auction of fortune to be a good way to get rich quick. The risk here is simply huge, but you won’t fall for scammers. Success in a casino will depend solely on luck. And in this case, to earn 1 Bitcoin per day, you will need the favor of fortune and free cash.

Among the most popular methods of gambling are slot machines and roulette. Poker involves not only luck, but also cunning of the participants, and often smart players leave the table with several Bitcoins in their pocket. There are many ways to withdraw funds, which will appear in your personal wallet within a few seconds after sending. Many online casinos accept not only fiat, but also digital currencies.

The main advantage of online casinos is the transparency of playing conditions and equal conditions for participants. You will not have any problems with how to earn 1 Bitcoin in 1 day, because this money can be obtained in a matter of minutes. It is also important that in the same period of time you can lose a similar amount. Before choosing a specific service, you must:

  • Choose a specific service with positive reviews and a good reputation.
  • Register successfully.
  • Select the appropriate game type.

To increase your chances of winning, you can choose an online establishment that will offer bonuses for novice gamers. Often an additional amount is credited to the wallet of a newly arrived participant. This may not allow you to earn 1 Bitcoin per day faster, but it will open up more opportunities for starting a successful career as a player. Among the popular online casinos are the following gambling houses:

  • 7bitcasino is a site that can award participants up to three Bitcoins of various bonuses.
  • mBitCasino is a service that has many different games and a varied bonus program. The amount by which the account will be replenished for the first time is automatically increased by 110 percent. Beginners are also provided with additional moves.
  • 999dice is a resource for those who still haven’t found where they can earn a lot of Bitcoins in a day. There are many different programs here that allow you to quickly increase the amount in your account. Players have to register, and the site’s technical staff always helps visitors.

It has long become fashionable to make money on the Internet in online casinos. Some consider this type of income a gamble, but others justify this method of making money with their own winning methods. It’s very easy to make money here, but the chances of losing money are very high.

Bitcoin Characteristics

Bitcoin cryptocurrency has a number of distinctive features:

  1. Ease of use. To start using and purchasing a coin, you just need to create a wallet and use one of the available replenishment methods - through an exchange office, exchange service, Telegram messenger, and so on.
  2. Decentralization. This property of digital money sets Bitcoin apart from its competitors. Bitcoin is an independent monetary unit, uncontrolled by authorities or private individuals. Each user is considered a part of the system, but if one or a group of participants is disconnected from the Internet, the network continues to work.
  3. Anonymity. Bitcoin users can see the wallet and even assess the status of the account, but they will not be able to link the wallet to a specific person. Network participants make transactions and remain incognito. For reliability, it is recommended to create new addresses more often to confuse the “traces”.
  4. Transparency. Bitcoin is open source, available for download to anyone at github.com/bitcoin. In addition, all transactions in the blockchain chain are available for study and can be verified at any time.
  5. Irreversibility of the operation. Once sent, BTC cannot be returned. The only exception is if the sender has the wrong address and such wallet does not exist.
  6. Release limit. The maximum number of Bitcoins is limited to 21 million and no further issuance is planned. According to experts, about 10-15% of all coins have already been lost, which increases the value of the remaining Bitcoins.
  7. Small commission. Thanks to direct transfer (without intermediaries), the transaction fee on the network is minimal (when compared with standard non-cash payments). In this case, the size of the commission does not depend on the amount of the transfer.

Main parameters of BTC as of December 6, 2022:

  1. The rate of 1 Bitcoin to the ruble is 270.6 thousand rubles. (weighted average parameter).
  2. Capitalization - 65.5 billion dollars.
  3. Trading volume per day is $3.1 billion.
  4. Mining difficulty is 5.6 PH/s.
  5. The total number of blocks is 552,765 rubles.
  6. The hashing algorithm is SHA-256.
  7. Block creation time is about 10 seconds.
  8. The issued number of coins is 17.4 million coins.

The Bitcoin cryptocurrency as of December 8, 2022 is the leader in value and capitalization. At the same time, the closest pursuers are at a safe distance.

READ How to earn Bitcoins - proven methods, instructions

Mining

Mining is not as complicated as you might think at first glance. The scary word “cryptocurrency farm”, which is used to scare people on television news (usually when someone doesn’t pay their electricity bill), is not so scary.

Mining equipment

There are two types of mining equipment:

  1. Special devices for mining, the so-called ASIC (Special Purpose Integrated Circuit). It is a small metal box, inside of which there are microcircuits, and on the sides there are fans for cooling.
  2. Computer video cards. The same video cards that are used for computer games. To increase performance, special computers are usually assembled, with an open case for better cooling, and not one, but several video cards are installed in one computer.

Bitcoin mining is carried out only using ASIC devices, while Ethereum is mined on video cards.


Video cards vs ASIC

There is also luck in mining. Read more about this important indicator in a separate article.

Both ASICs and video cards consume a lot of electricity, and they get very hot during operation. Remember this.

Is it difficult to start mining?

In the modern world, the difficulty of mining is very high, and the process occurs only through the so-called mining pools. Mining pools are servers that unite miners. Miners work together and receive rewards. The mining pool distributes this reward in a fair manner and pays out the earned cryptocurrency to each miner.

If you have a desktop gaming computer with a video card installed, you can start mining today - it's not difficult. Go to 2CryptoCalc and see which cryptocurrency is profitable to mine on your video card. Next, follow the instructions of the mining pool. You will need to download a special miner program and install the wallet of the cryptocurrency that you are going to mine.


Antminer Bitmain S19 Pro

If you want to mine Bitcoin, a regular video card will not help you. The only option is to purchase a special ASIC device. One of the most advanced Antminer Bitmain S19 Pro at the moment. Consumes 3.5 kW from the network and makes noise like an airplane. You can't put one like this at home.

However, setting it up is not at all complicated, all you need is to enter the address of the mining pool and the address of your Bitcoin wallet in the ASIC settings, connect the device to the Internet and plug it into a power outlet.

Quotes on stock exchanges

To obtain more accurate quotes, you can use well-known exchange platforms. For example, the Exmo.com platform, which can be considered one of the best services for exchanging and earning cryptocurrency on the Internet.

The platform has been operating for more than five years and occupies a leading place in the rankings of exchanges in Eastern Europe. Today, the site employs more than 1.5 million people, about 90 currency pairs are represented, and the average monthly trading volume exceeds $1.5 billion. The platform is registered in the capital of Great Britain, and offices are located in Russia, Ukraine and Spain. As of December 6, 2022, Bitcoin quotes against the ruble are 262.370 thousand rubles. – sale and 263.999 thousand rubles. - purchase. It is important to take into account the dynamics and constant changes of this indicator.

No less popular sites:

  • Binance.com is a unique platform with a multi-level security system, support for a large number of cryptocurrencies and high performance. The site is distinguished by high liquidity and multilingual support.

  • Bitflip.cc is an exchange founded by domestic specialists. In a short period of time, the creators managed to increase turnover and enter the top ten best exchange platforms in Russia. Advantages - a small commission for the operation, no payment when depositing cryptocurrency into the account, a large selection of methods for depositing and withdrawing money.

  • Poloniex.com is the largest cryptocurrency platform. The resource has been operating since 2014, and in a short time it has managed to achieve a leading position in terms of trading volume. Here you can buy and sell popular currency pairs; there are about 100 different cryptocurrencies (including Bitcoin). Commissions are small - up to 0.25 percent.

Other methods

There are many places that will allow you to earn money, but most often users have a certain risk of being left without their initial capital. There are many other ways - trading on cryptocurrency exchanges, working with HYIPs and playing on the difference in rates. But, if you want your budget to be replenished with at least Bitcoin per day, your action strategy must be thoughtful. Calculate all the risks and positive aspects, and go towards super profits.

Other questions

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  • Invoicing
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  • Which payment system is the best?
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All questions and answers

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