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State of Blockchain: Q2 2018

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


Check out all the slides here.


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