San Francisco-based Coinbase is growing up fast! Launched in June 2012, the company gained tremendous amounts of attention last year when the price of bitcoin started to climb more rapidly than most of us would have predicted.
And it shows in the numbers. According to the company’s About page, about 950,000 online consumer bitcoin wallets have been set up on the service.
A snapshot from the Internet Archive’s Wayback Machine dated February 7th, 2013 shows a count of 920,000 consumer wallets. That would suggest that 30,000 wallet accounts have been set up in the last week alone.
Going back another week to the 31st of January shows a wallet count of 890,000 — also an increase of 30,000 wallets (we recognize these are likely to be estimates).
At this rate, we can reasonably expect Coinbase to hit 1 million consumer bitcoin wallets in a little under two weeks. An impressive milestone, indeed.
By comparison, the world’s largest online bitcoin wallet provider, Blockchain.info, recently announced the creation of their 1 millionth bitcoin wallet at the start of the year. The service has surpassed 1.2 million wallets created, according to this chart.