[[!template Error: failed to process template <span class="createlink"><a href="/ikiwiki.cgi?do=create&amp;page=%2Ftemplates%2Finfobox_year&amp;from=2011" rel="nofollow">?</a>infobox year</span> template infobox_year not found ]] $23.6 million USD blockvalue= $235.00 USD blockreward=50 BTC }}2011 was the third year since the launch of Bitcoin. ?Dollar parity was achieved as Satoshi Nakamoto departed.TOC

Events

January

  • 02 – ?Luke Dashjr standardizes ?Tonal Bitcoin.
  • 08 – ?Bitcoin Pooled Mining reaches 10 ?Ghash/s.
  • 28 – Block 105000 is mined, meaning the supply of bitcoins reaches 25% of its target.

    February

  • 09 – Bitcoin achieves ?dollar parity. 1 bitcoin trades for 1 US dollar on ?Mt. Gox. (4.1)

  • 10 – News of dollar parity attracts significant attention; bitcoin.org struggles to handle the traffic. (4.2)
  • 14 – For the first time, a vehicle is offered for a sum of bitcoins. It was a 1984 Celica Supra for 3000 BTC. (4.3) A buyer was never found.

    March

  • 01 – ?Jed McCaleb sells ?Mt. Gox to ?Mark Karpelès.

  • 06 – The network hashrate ?briefly doubles. (5.1)
  • 18 – BTC/USD exchange rate reaches a 6-week low point at almost $0.70/BTC, after what appeared to be a short burst of possibly automated sales at progressively lower prices. The price had been declining since dollar parity.
  • 22 – ?WeUseCoins publishes ?What is Bitcoin?, which became a viral hit.
  • 25 – Difficulty decreases for the second time ever.
  • 27 – ?Britcoin is established, opening the first Bitcoin exchange for the Pound Sterling.
  • 31 – ?Bitcoin Brazil is established, opening the first Bitcoin exchange for the Brazilian real.

    April

  • 05 – ?Bitmarket.eu is established, opening the first Bitcoin exchange for the Polish złoty.

  • 12 – The first Bitcoin put option contract is sold on ?Bitcoin-OTC.
  • 16 – TIME publishes an article on Bitcoin.
  • 23 – The exchange rate reaches parity with the Euro and Pound Sterling.
  • 27 – ?VirWoX is established, opening the first Bitcoin exchange for the Linden dollar.
  • 30 – Difficulty tops 100,000.

    June

  • 02 – The ?Mt. Gox exchange rate reaches an all-time high of $10.

  • 08 – The ?2011 bubble tops at over $30, and pops in the following week.
  • 13 – ?allinvain reports the theft of 25,000 BTC, worth $375,000.
  • 19 – ?Mt. Gox is compromised.
  • 24 – Difficulty tops 1,000,000.

    References

4.1: Online-Only Currency BitCoin Reaches Dollar Parity
4.2: 2011-02-13 Id: 3444
4.3: 2011-02-14 Id: 3485
5.1: http://bitcoin.atspace.com/mysteryminer.html