State of Blockchain: Q2 2018
- Peter Ryan
- Jul 11, 2018
- 1 min read
Originally published on Coindesk on July 11, 2018.
Executive Summary
CoinDesk's Q2 2018 State of Blockchain summarizes key trends, data and events in Q2 2018
Highlights Include:
Bitcoin miner revenues fall by 22% along with average fees by 19%
Bitcoin hashrate grew by 26% (fall short of the previous quarter's 47% growth)
SEC declared ether not a security, and eth price saw a 9% jump shortly after
Total ICO funding reaches about $19 billion, with the average ICO $39 million
Majority of survey respondents think price declines were caused by shorts and rebounds from over-speculation
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