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		<title>Mathematics</title>
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		<dc:creator><![CDATA[Amazing Facts 4 U]]></dc:creator>
		<pubDate>Sun, 17 Aug 2025 21:30:00 +0000</pubDate>
				<category><![CDATA[Mathematics]]></category>
		<category><![CDATA[Amazing Mathematics]]></category>
		<category><![CDATA[Mathematics Amazing Facts]]></category>
		<category><![CDATA[Mathematics Facts]]></category>
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					<description><![CDATA[30 Amazing Facts about Mathematics &#124; Amazing Facts 4U Notches (cuts or indentation) on animal bones prove that humans have been doing mathematics since around 30,000 BC. The amazing fact is that the concept of 0 (zero) was introduced in India as early as the 3rd century B.C. It was passed on to the Arabian scholars and also to the Chinese in the 9th century A.D. European scholars grasped the importance of zero in the 10th century A.D. Arabic numerals amazingly are not really Arabic; they were invented in India.  Aryabhata is the father of the Hindu-Arabic number system which ]]></description>
										<content:encoded><![CDATA[<p style="text-align: center;"><a href="https://amazingfacts4u.com/wp-content/uploads/2014/01/Maths-Amazing-Facts.jpg"><img fetchpriority="high" decoding="async" class="aligncenter wp-image-4388" src="data:image/gif,GIF89a%01%00%01%00%80%00%00%00%00%00%FF%FF%FF%21%F9%04%01%00%00%00%00%2C%00%00%00%00%01%00%01%00%00%02%01D%00%3B" data-layzr="http://amazingfacts4u.com/wp-content/uploads/2014/01/Maths-Amazing-Facts.jpg" alt="Mathematics - Amazing Facts 4U" width="600" height="335" title="Mathematics 2"></a></p>
<h4 style="text-align: left;">30 Amazing Facts about Mathematics | Amazing Facts 4U</h4>
<ol>
<li style="text-align: left;">Notches (cuts or indentation) on animal bones prove that humans have been doing mathematics since around 30,000 BC.</li>
<li style="text-align: left;">The <span style="text-decoration: underline;">amazing fact</span> is that the concept of 0 (zero) was introduced in India as early as the 3rd century B.C. It was passed on to the Arabian scholars and also to the Chinese in the 9th century A.D. European scholars grasped the importance of zero in the 10th century A.D.</li>
<li style="text-align: left;">Arabic numerals amazingly are not really Arabic; they were invented in India.  Aryabhata is the father of the Hindu-Arabic number system which has become universal today.</li>
<li style="text-align: left;"><span style="text-decoration: underline;">The amazing fact</span> is that Roman numerals have no zero (0) representation.</li>
<li style="text-align: left;">Amazingly the name of the popular search engine ‘Google’ came from a misspelling of the word ‘googol’, which is a very large number to describe a one followed by 100 zeroes. It was first used by a 9-year-old, Milton Sirotta, in 1940.</li>
<li style="text-align: left;">Greek mathematician Euclid is often referred to as the ‘Father of Geometry’ for his revolutionary ideas and an influential textbook called ‘Elements’ that he wrote around the year 300 BC.</li>
<li style="text-align: left;">Algebra, Calculus, and Trigonometry are all inventions amazingly coming from India.</li>
<li style="text-align: left;">Amazingly ancient Babylonians did the math in base 60 instead of base 10. That&#8217;s why we have 60 seconds in a minute and 360 degrees in a circle.</li>
<li style="text-align: left;">The word ‘hundredth’ in Old Norse, from which our ‘hundred’ derives, amazingly meant not 100 but 120.</li>
<li style="text-align: left;">The symbols used for addition (+) and subtraction (-) have been around for thousands of years.</li>
<li style="text-align: left;">The = sign (&#8220;equals sign&#8221;) was invented by Welsh mathematician Robert Recorde, who was fed up with writing &#8220;is equal to&#8221; in his equations. He first used it in 1557.</li>
<li style="text-align: left;">In 1642 French mathematician Blaise Pascal invented the mechanical calculator.</li>
<li style="text-align: left;">If all the numbers are arranged in alphabetical order, it is amazing to find that eight would be the first and Zero would be the last.</li>
<li style="text-align: left;">A, B, C, and D are all very uncommon in the English spelling of numbers . The letter &#8216;D&#8217; amazingly does not appear until the number 100 (hundred). The letter &#8216;A&#8217; is not used until the number 1,000 (thousand). Absolutely a<span style="text-decoration: underline;">mazing fact</span> thing is that &#8216;B&#8217; does not show up until 1,000,000,000 (billion), and &#8216;C&#8217; is not found until 1 octillion! That&#8217;s 10 to the 27th power or 1,000,000,000,000,000,000,000,000,000.</li>
<li style="text-align: left;">Amazingly Forty is the only number that has its letters in alphabetical order. &#8220;One&#8221; is the only number with its letters in reverse alphabetical order.</li>
<li style="text-align: left;">Four is the only digit that has the same number of letters as its value.</li>
<li style="text-align: left;">&#8220;Eleven plus Two&#8221; and &#8220;Twelve Plus One&#8221; both equal 13. Both have thirteen letters and the letters are the same.</li>
<li style="text-align: left;">&#8220;Nineteen letters long&#8221; is amazingly 19 letters long.</li>
<li style="text-align: left;">A &#8220;hairbreadth away&#8221; is 1/48 of an inch.</li>
<li style="text-align: left;">It is amazing to find that there are 293 ways to make a change for a dollar.</li>
<li style="text-align: left;">If you have a pizza with radius Z and thickness A, it&#8217;s amazing to find it&#8217;s volume as Pi*Z*Z*A.</li>
<li style="text-align: left;">In 1900, all the world&#8217;s mathematical knowledge could be written in about 80 books. The <span style="text-decoration: underline;">amazing fact</span> is that today it would fill more than 100,000 books.</li>
<li style="text-align: left;">It is absolutely <span style="text-decoration: underline;">amazing fact</span> that a Rubik’s Cube can make 43,252,003,274,489,856,000 different combinations!</li>
<li style="text-align: left;">Amazingly the opposite sides of a dice always add up to seven.</li>
<li style="text-align: left;">If two quantities have a ratio of approximately 1.618, they are said to be in the golden ratio. This ratio has been used throughout history to design aesthetically pleasing artworks.</li>
<li style="text-align: left;">Among all shapes with the same perimeter, a circle has the largest area. Among all shapes with the same area, the circle has the shortest perimeter.</li>
<li style="text-align: left;">In 1995 in Taipei, citizens were allowed to remove ‘4’ from street numbers because it sounded like ‘death’ in Chinese. It is amazing to find that many Chinese hospitals do not have the 4th floor.</li>
<li style="text-align: left;">The Fibonacci sequence is numbers where each following number is the sum of the previous two: i.e. 0 1 1 2 3 5 8 13 21 34 55 89 etc.</li>
<li style="text-align: left;">A Palindrome Number is a number that reads the same backward and forward, e.g. 13431.</li>
<li style="text-align: left;">If a class has 23 students in it then the probability that at least two of the students share a birthday is about 0.5. If there are 50 students in a class then it&#8217;s virtually certain that two will share the same birthday. This seems amazing but has been absolutely proved correct.</li>
</ol>
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<h4><strong><em>~ By Amazing Facts 4U Team</em></strong></h4>
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		<title>Figures</title>
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		<dc:creator><![CDATA[Amazing Facts 4 U]]></dc:creator>
		<pubDate>Mon, 02 Dec 2024 09:30:06 +0000</pubDate>
				<category><![CDATA[Mathematics]]></category>
		<category><![CDATA[Amazing Figures]]></category>
		<category><![CDATA[Amazing Figures Facts]]></category>
		<category><![CDATA[Figures]]></category>
		<category><![CDATA[Figures Facts]]></category>
		<guid isPermaLink="false">http://amazingfacts4u.com/?p=1997</guid>

					<description><![CDATA[20 Amazing and surprising Facts About Figures &#124; Amazing Facts 4U 111, 111, 111 X 111, 111, 111 = 12, 345, 678, 987, 654, 321   Amazing! Amazingly you can get the sum of hundred using all digits in succession in various ways.  (A) 12+3-4+5+67+8+9 = 100 , (B)  123 &#8211; 45 &#8211; 67 + 89 = 100  ,(C) 123 + 4 &#8211; 5 + 67 &#8211; 89 = 100  ,(D) 123 &#8211; 4 &#8211; 5 &#8211; 6 &#8211; 7 + 8 &#8211; 9 = 100  , (E) 1 + 23 &#8211; 4 + 5 + 6 + 78 &#8211; ]]></description>
										<content:encoded><![CDATA[<p style="text-align: center;"><a href="https://amazingfacts4u.com/figures"><img decoding="async"  class="aligncenter wp-image-4248 size-full" title="20 Amazing Facts About Figures | Amazing Facts 4U" src="data:image/gif,GIF89a%01%00%01%00%80%00%00%00%00%00%FF%FF%FF%21%F9%04%01%00%00%00%00%2C%00%00%00%00%01%00%01%00%00%02%01D%00%3B" data-layzr="https://amazingfacts4u.com/wp-content/uploads/2014/05/Figures-Amazing-Facts-e1404726982590.jpg" alt="20 Amazing Facts About Figures | Amazing Facts 4U" width="650" height="379" /></a></p>
<h4>20 Amazing and surprising Facts About Figures | Amazing Facts 4U</h4>
<ol>
<li style="text-align: justify;">111, 111, 111 X 111, 111, 111 = 12, 345, 678, 987, 654, 321   Amazing!</li>
<li style="text-align: justify;">Amazingly you can get the sum of hundred using all digits in succession in various ways.  (A) 12+3-4+5+67+8+9 = 100 , (B)  123 &#8211; 45 &#8211; 67 + 89 = 100  ,(C) 123 + 4 &#8211; 5 + 67 &#8211; 89 = 100  ,(D) 123 &#8211; 4 &#8211; 5 &#8211; 6 &#8211; 7 + 8 &#8211; 9 = 100  , (E) 1 + 23 &#8211; 4 + 5 + 6 + 78 &#8211; 9 = 100.</li>
<li style="text-align: justify;">The fact is 2,520 is the smallest number that can be exactly divided by all the numbers 1 to 10.</li>
<li style="text-align: justify;">142857 is an amazing cyclic number, i.e., its digits are rotated around when multiplied by any number from 1 to 6.</li>
<li style="text-align: justify;">1729 is the only number that is the sum of 2 cubes in two different ways. 10^3 + 9^3 = 1729 &amp; 12^3 + 1^3 = 1729. It is named after Ramanujan, an Indian mathematician.</li>
<li style="text-align: justify;">This amazing equation uses all the digits from 0 to 9.  69^3 = 328509.</li>
<li style="text-align: justify;">The amazing number 1274953680 uses all the digits 0-9 and you can divide it exactly by any number from 1-16.</li>
<li style="text-align: justify;">There is a way of amazingly writing 1 by using all ten single-digit numbers only once: 148/296 + 35/70 = 1.</li>
<li style="text-align: justify;">1^2 + 2^2 + 3^2 + 4^2 + 5^2 +&#8230; +22^2 + 23^2 + 24^2 = 70^2   Amazing !</li>
<li style="text-align: justify;">The fact is that the product of any four consecutive numbers is divisible by 24!</li>
<li style="text-align: justify;">Multiply 37,037 by any single number (1-9), then multiply that number by 3.  Amazingly every digit in the answer will be the same as that first single number.e.g. 37,037 *2*3 = 222,222.</li>
<li style="text-align: justify;">The amazing fact is that there are just four numbers (after 1) which are the sums of the cubes of their digits. These are 153 , 370 , 371 &amp; 407.</li>
<li style="text-align: justify;">If you multiply 21978 by 4 it amazingly turns backward. 21978 x 4 = 87912.</li>
<li style="text-align: justify;">1089 multiplied by 9 amazingly gives an exact reverse: 9801. This also works with 10989 or 109989 or 1099989 and so on.</li>
<li style="text-align: justify;">13^2 = 169 and if you write both numbers backward you get 31^2 = 961. This also works with 12 because 12^2 = 144 and 21^2 =441.</li>
<li style="text-align: justify;">1 ÷ 37 = 0·0270270270&#8230; and 1 ÷ 27 = 0·0370370370. Amazing coincidence !</li>
<li style="text-align: justify;">1/1089 = 0·00091827364554637281  .  Amazingly this is a table of nine.</li>
<li style="text-align: justify;">To multiply 10,112,359,550,561,797,752,808,988,764,044,943,820,224,719 by 9 you just move the 9 at the very end up to the front. Amazingly it&#8217;s the only number that does this.</li>
<li style="text-align: justify;">3,608,528,850,368,400,786,036,725 has 25 digits and divides by 25. But amazingly if you just take the first n digits, the result will divide by n. For example, 360852 are the first 6 digits and 360852 divides by 6.</li>
<li style="text-align: justify;">Amazing fact is that any 2-digit number multiplied by 11 is a 3-digit number where the middle digit is the sum of other two, like: 21 × 11 = 231 (2+1=3) ,13 × 11 = 143 (1+3=4) ,44 × 11 = 484 (4+4=8) &#8230; etc.</li>
</ol>
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<h4><em>~ By Amazing Facts 4U Team</em></h4>
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		<title>Pi (π)</title>
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		<pubDate>Sun, 28 Apr 2024 09:30:36 +0000</pubDate>
				<category><![CDATA[Mathematics]]></category>
		<category><![CDATA[Science]]></category>
		<category><![CDATA[Amazing Pi (π)]]></category>
		<category><![CDATA[Amazing Pi (π) Facts]]></category>
		<category><![CDATA[Pi (π)]]></category>
		<category><![CDATA[Pi (π) Facts]]></category>
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					<description><![CDATA[50 Amazing Facts About Pi (π) &#124; Amazing Facts 4U Pi (π) is the most recognized mathematical constant in the world. It is the most important and intriguing number in all of mathematics. The number Pi  (π)  is the ratio of the circumference to the diameter of a circle. It can’t be expressed as a fraction, being an irrational number. Amazingly when written as a decimal it never repeats and never ends and the sequence is random. Pi is also referred to as the “circular constant,” “Archimedes’ constant,” or “Ludolph’s number.” Pi has been studied by the human race for almost 4,000 ]]></description>
										<content:encoded><![CDATA[<p style="text-align: center;"><a href="https://amazingfacts4u.com/wp-content/uploads/2014/05/Pi-Amazing-Facts-e1404462853398.jpg"><img decoding="async"  class="aligncenter wp-image-4175 size-full" title="50 Amazing Facts About Pi (π) | Amazing Facts 4U" src="data:image/gif,GIF89a%01%00%01%00%80%00%00%00%00%00%FF%FF%FF%21%F9%04%01%00%00%00%00%2C%00%00%00%00%01%00%01%00%00%02%01D%00%3B" data-layzr="https://amazingfacts4u.com/wp-content/uploads/2014/05/Pi-Amazing-Facts-e1404462853398.jpg" alt="50 Amazing Facts About Pi (π) | Amazing Facts 4U" width="550" height="640" /></a></p>
<h4>50 Amazing Facts About Pi (π) | Amazing Facts 4U</h4>
<ol>
<li style="text-align: justify;">Pi (π) is the most recognized mathematical constant in the world. It is the most important and intriguing number in all of mathematics.</li>
<li style="text-align: justify;">The number Pi  (π)  is the ratio of the circumference to the diameter of a circle. It can’t be expressed as a fraction, being an irrational number.</li>
<li style="text-align: justify;">Amazingly when written as a decimal it never repeats and never ends and the sequence is random.</li>
<li style="text-align: justify;">Pi is also referred to as the “circular constant,” “Archimedes’ constant,” or “Ludolph’s number.”</li>
<li style="text-align: justify;">Pi has been studied by the human race for almost 4,000 years.</li>
<li style="text-align: justify;">By 2000 B.C., Babylonians established the constant circle ratio as 3 1/8 or 3.125. The ancient Egyptians arrived at a slightly different value of 3 1/7 or 3.143.</li>
<li style="text-align: justify;">One of the earliest known records of pi was written by an Egyptian named Ahmes ( 1650 B.C.) on what is now known as the Rhind Papyrus. He was off by less than 1%. It was the first attempt to calculate pi by building a square inside the circle.</li>
<li style="text-align: justify;">Ancient mathematicians tried to compute pi by inscribing polygons with more and more sides that would more closely approach the area of a circle. Archimedes used a 96 sided polygon. Chinese mathematician Liu Hui inscribed a 3,072-sided polygon to calculate pi to 3.14159. Tsu Ch’ung and his son inscribed polygons with as many as 24,576 sides to calculate pi.</li>
<li style="text-align: justify;">The closest fractions to the approximate value of Pi in increasing accuracy are 22/7, 355/113 &amp; 104348/33215. The last fraction is accurate to 0.00000001056%.</li>
<li style="text-align: justify;">Ancient Egyptians knew the value of Pi. The vertical height of the Great Pyramid of Giza times 3.14 equals the perimeter of the base.</li>
<li style="text-align: justify;">Plato (427-348 B.C.) supposedly obtained for his day a fairly accurate value for pi: √2 + √3 = 3.146</li>
<li style="text-align: justify;">Pi was also rigorously calculated by one of the greatest mathematicians of the ancient world, Archimedes of Syracuse (287-212 B.C.) who met his death due to his fascination with Pi. He was too engrossed in his work to notice that Roman soldiers had taken the Greek city of Syracuse. When a Roman soldier approached him, he yelled in Greek “Do not touch my circles!”. The Roman soldier simply cut off his head.</li>
<li style="text-align: justify;">The amazing fact is that the value of “pi” was first calculated by the Indian Mathematician Budhayana, and he explained the concept of what is known as the Pythagorean Theorem. He discovered this in the 6th century, which was long before the European mathematicians.</li>
<li style="text-align: justify;">Sir Isaac Newton calculated pi to at least 16 decimal places.</li>
<li style="text-align: justify;">Ludolph van Ceulen (1540-1610) spent most of his life calculating the first 36 digits of pi (which were named the Ludolphine Number). These numbers were engraved on his now lost tombstone.</li>
<li style="text-align: justify;">Austrian astronomer Christoph Greenberger arrived at 38 digits in 1630 which remains the most accurate approximation manually achieved using polygonal algorithms.</li>
<li style="text-align: justify;">In 1706 William Jones (1675-1749) first gave the Greek letter (π),  its current mathematical definition. Incidentally, Pi is the 16th letter in the Greek alphabet.</li>
<li style="text-align: justify;">The amazing fact is that mathematician William Shanks spent 15 years calculating the value of pi to 707 places but unfortunately he made a mistake on the 528th digit writing a 5 instead of a 4. This discovery was made 60 years after his death. This mistake made the next 179 digits wrong!</li>
<li style="text-align: justify;">Amazingly the mirror image of 3.14 is “PIE.”</li>
<li style="text-align: justify;">Pi day is celebrated on March 14 at the Exploratorium in San Francisco (March 14 is 3/14) at 1:59 PST which is 3.14159.</li>
<li style="text-align: justify;">Pi Day is also Albert Einstein’s birthday. He was born on March 14, 1879, in Ulm Wurttemberg, Germany.</li>
<li style="text-align: justify;">Amazingly Pi occurs in hundreds of equations in many sciences including those describing the DNA double helix, a rainbow, ripples spreading from were a raindrop fell into the water, general relativity, geometry problems, waves, etc.</li>
<li style="text-align: justify;">An amazing way to remember the value of Pi (3.1415926) by counting letters in the words of the sentence &#8221; May I have a large container of coffee ?&#8221;.</li>
<li style="text-align: justify;">Another sentence to remember Pi, “How I wish I could calculate Pi ?” (3.141592).</li>
<li style="text-align: justify;">College mnemonics:  “How I like a drink, alcoholic of course, After the heavy lectures involving quantum mechanics!”  14 decimals of pi are represented in this quote: 3.14159265358979.</li>
<li style="text-align: justify;">In 1961, fellow mathematicians Daniel Shanks and John Wrench became famous for breaking the 100,000th decimal of on an IBM 7090 at the IBM Data Processing Center in New York.  They used an equation found by Stormer in 1896.</li>
<li style="text-align: justify;">It is amazing to note that the first decimal place of Pi is a 1 and also that the one-millionth decimal place of Pi is also a 1!</li>
<li style="text-align: justify;">The amazing fact is that the 763-768 Digits of pi are 999999. This is known as the Feynman Point.</li>
<li style="text-align: justify;">The most amazing fact to be noticed is that in the first 7,000 digits, the sequence 333 is found 3 times, the sequence 555 is found 5 times &amp; the sequence 666 is found 6 times!</li>
<li style="text-align: justify;">Amazingly if you take the 3rd, 6th, and 9th digits, they are, respectively, 1, 2, and 3. It is even more interesting to note that if you take the 100th, 200th, and 300th digits, they are respectively, 9, 6, and 3.</li>
<li style="text-align: justify;">Amazingly the sum of the first 20 decimal places, 3.14159265358979323846 (not including the 3) totals 100.</li>
<li style="text-align: justify;">The first 144 digits of pi add up to 666 and 144 = (6+6) x (6+6).</li>
<li style="text-align: justify;">The sum of the first 358 decimals of Pi adds up exactly to 1,600. It is amazing to note that 3 + 5 + 8 = 16!</li>
<li style="text-align: justify;">Since there are 360 degrees in a circle and pi is intimately connected with the circle, it is most amazing to discover that the number 360 is at the 359th digit position of pi.</li>
<li style="text-align: justify;">The first zero appears at the 32nd decimal place i.e. 3.14159265358979323846264338327950</li>
<li style="text-align: justify;">There are no occurrences of the sequence 123456 in the first million digits of pi.</li>
<li style="text-align: justify;">Amazingly the sequence 12345678 occurs at position 186557266. This string occurs only once in the first 200 million digits of Pi.</li>
<li style="text-align: justify;">Amazingly the sequence 0123456789 first appears beginning at the 17,387,594,880th decimal place.</li>
<li style="text-align: justify;">The sequence 314159 reappears at the 176,451st decimal place of Pi.  In fact, this sequence actually appears further seven times within the string of the first 10 million decimals of Pi. Extending further the sequence 31415926 appears at the 50,366,472nd decimal place of Pi.</li>
<li style="text-align: justify;">The following number was found to be prime by Robert Baillie and Marvin Wunderlich at the University of Illinois in 1979. The amazing fact is that the numbers, apparently, are all in the proper order to spell out the first 37 decimals of Pi. Number is 31,415,926,535,897,932,384,626,433,832,795,028,841. It is read as 31-undecillion, 415-decillion, 926-nonillion, 535-octillion, 897-septillion, 932-sextillion, 384-quintillion, 626-quadrillion, 433-trillion, 832-billion, 795-million, 28 thousand, 841.</li>
<li style="text-align: justify;">The amazing fact is that there is a book giving the calculation of pi to two million places running to 800 pages.</li>
<li style="text-align: justify;">If the circumference of the earth were calculated using π rounded to only the ninth decimal place, an error of no more than one-quarter of an inch in 25,000 miles would result.</li>
<li style="text-align: justify;">You need to know only 20 decimal places to calculate the circumference of the Earth to a millimeter.</li>
<li style="text-align: justify;">The amazing fact is you need only 39 decimal places of Pi to estimate the circumference of the universe within the radius of one proton!</li>
<li style="text-align: justify;">Pi has been calculated up to 12.1 Trillion Digits by Alexander J. Yee &amp; Shigeru Kondo on  December 28, 2013, using the Chudnovsky formula. It took 94 days for the computer. They had previously calculated Pi up to 10 Trillion digits 2 years back which had taken them 371 days.</li>
<li style="text-align: justify;">Akira Haraguchi, a 60-year-old retired Japanese engineer set the current world record (100,000 digits) in 16 hours on October 3, 2006, in Kisarazu, east of Tokyo. His previous world record (83,431), was performed on July 1, 2005. His mnemonic system assigns symbols to numbers allowing for the memorization of Pi as a collection of stories.</li>
<li style="text-align: justify;">π is the symbol Sandra Bullock clicks on to gain access to unauthorized databases on the Web in the movie “The Net.”</li>
<li style="text-align: justify;">Amazingly a mysterious 2008 crop circle in Britain shows a coded image representing the first 10 digits of pi.</li>
<li style="text-align: justify;">The amazing fact is that a few authors have used the digits of π to establish a new form of constrained writing, where the word lengths are required to represent the digits of π in sequence. The Cadaeic Cadenza contains the first 3835 digits of π in this manner and the full-length book Not a Wake contains 10,000 words, each representing one digit of π.</li>
<li style="text-align: justify;">The amazing fact is that there is a website titled “The Pi-Search Page” at http://www.angio.net/pi/piquery.html  which searches &amp; finds any sequence of digits in Pi up to 200 million places. You may check whether your birth date figures in the list.</li>
</ol>
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<h4><em>~ By Amazing Facts 4U Team</em></h4>
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		<title>Bitcoin</title>
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		<dc:creator><![CDATA[Amazing Facts 4 U]]></dc:creator>
		<pubDate>Sat, 16 Dec 2023 09:30:44 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Manmade]]></category>
		<category><![CDATA[Mathematics]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Amazing Bitcoin]]></category>
		<category><![CDATA[Amazing Bitcoin Facts]]></category>
		<category><![CDATA[Bitcoin]]></category>
		<category><![CDATA[Bitcoin Facts]]></category>
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					<description><![CDATA[40 Amazing and Interesting Facts about Bitcoin &#124; Amazing Facts 4U The integration of the internet into our daily lives has allowed the financial world to evolve. In addition to banking new online currencies called cryptocurrencies have evolved. Bitcoin is the first digital cryptocurrency, a form of currency without notes and coins. It is a decentralized currency that is traded solely on computers and the internet. All bitcoin transactions are handled through what is called the blockchain which is a database containing a record of every Bitcoin transaction ever. To store and use Bitcoins on a server, it must contain a ]]></description>
										<content:encoded><![CDATA[<p><a href="https://amazingfacts4u.com/bitcoin" rel="attachment wp-att-6727"><img decoding="async"  class="aligncenter wp-image-6727 size-full" title="40 Amazing Facts about Bitcoin | Amazing Facts 4U" src="data:image/gif,GIF89a%01%00%01%00%80%00%00%00%00%00%FF%FF%FF%21%F9%04%01%00%00%00%00%2C%00%00%00%00%01%00%01%00%00%02%01D%00%3B" data-layzr="https://amazingfacts4u.com/wp-content/uploads/2016/08/Bitcoin-Amazing-facts.jpg" alt="40 Amazing Facts about Bitcoin | Amazing Facts 4U" width="650" height="354" /></a></p>
<h4>40 Amazing and Interesting Facts about Bitcoin | Amazing Facts 4U</h4>
<ol>
<li style="text-align: justify;">The integration of the internet into our daily lives has allowed the financial world to evolve. In addition to banking new online currencies called cryptocurrencies have evolved.</li>
<li style="text-align: justify;">Bitcoin is the first digital cryptocurrency, a form of currency without notes and coins. It is a decentralized currency that is traded solely on computers and the internet.</li>
<li style="text-align: justify;">All bitcoin transactions are handled through what is called the blockchain which is a database containing a record of every Bitcoin transaction ever. To store and use Bitcoins on a server, it must contain a copy of the blockchain. The integrity and the chronological order of the blockchain are enforced with military-grade cryptography, thus the label crypto-currency.</li>
<li style="text-align: justify;">The amazing fact is that Bitcoin and bitcoin are not the same. Bitcoin with a capital &#8216;B&#8217; is used when referring to the network, while the currency is spelled with a small &#8216;b&#8217;.</li>
<li style="text-align: justify;">Satoshi Nakamoto is the pseudonym of the person who invented bitcoin in 2008. He communicated with the first users by email never by phone or in person. He is said to be from Japan but his mail ID was from Germany and the bitcoin software was not available in Japanese.</li>
<li style="text-align: justify;">Amazingly Satoshi Nakamoto has continued to remain in the shadows in spite of the spectacular rise of bitcoins and disappeared completely in 2011. The true identity of him is still not known. It is believed that Satoshi Nakamoto holds about 1 million bitcoins.</li>
<li style="text-align: justify;">The computer software source code for bitcoins is about 31000 lines long.</li>
<li style="text-align: justify;">The first bitcoin transaction occurred in January 2009. Bitcoin has encryptions to maintain security and validity and has a real value that can be exchanged for any other physical currency online. It has risen in popularity and strength over the years.</li>
<li style="text-align: justify;">Unlike regular money, each bitcoin has a detailed history that is hard to duplicate or fake.</li>
<li style="text-align: justify;">It took 5 years for bitcoin value to rise from 0 to $1000 which was followed by about 30% erosion of value. In November 2013, it was briefly valued more than gold.</li>
<li style="text-align: justify;">Bitcoin has a history of very high volatility. It was valued at just 4 Cents in early 2010, one year after its launch. It was valued at $7 in August 2011 soaring to an all-time high of $1250 in November 2013.</li>
<li style="text-align: justify;">No single entity can control this currency. In fact, the value is controlled by everyone who uses bitcoin as the software used for this currency logs and validates who log and validates activities of the bitcoins across the globe. Everything regarding Bitcoins including detailed reports of the operations is also available. The information is not controlled by anyone.</li>
<li style="text-align: justify;">There is a finite number of bitcoins. Over the years the number of bitcoins will increase but at a reduced rate. At the present number of bitcoins are under 16 million which would reach a final figure of 21 million bitcoins only in 2140.</li>
<li style="text-align: justify;">Presently bitcoins are created at a fixed rate. Obviously, it doesn’t get devalued like fiat currencies as it can’t be arbitrarily generated.</li>
<li style="text-align: justify;">The amazing fact is that bitcoins have no inherent or set value. The more popular bitcoin gets; the more value is going to be placed on each individual bitcoin.</li>
<li style="text-align: justify;">Amazingly you can see all transactions of bitcoin. It is completely transparent showing no personal data but transactions and amounts. Everything is able to be seen on the blockchain and it’s this complete openness that gives a lot of trust and security.</li>
<li style="text-align: justify;">Bitcoins are generated by mining. Mining bitcoins means you are using a computer program to solve mathematical problems to verify various transactions around the world. Bitcoin miners then get paid a certain number of bitcoins for solving those problems. Mining is very hardware intensive.</li>
<li style="text-align: justify;">Every 10 minutes, 25 Bitcoins are generated by the network.  Every miner or mining pool is competing to find those 25 coins (3600 per day). Every 4 years this number would halve.</li>
<li style="text-align: justify;">It is believed that about 20000 advanced computers are engaged in bitcoin mining.</li>
<li style="text-align: justify;">One of the most integral features of bitcoins is that you can never be forced to pay, nor can you take back a transaction. You cannot revoke any transaction.</li>
<li style="text-align: justify;">The amazing fact is that there is no trace back to you as your transaction is anonymous and that is the main reason why some countries are banning and prohibiting the use of it. you don’t need to provide any of your personal details like your name, address, email, phone number, etc., unlike PayPal transactions. You can pay for anything with Bitcoin and remain completely anonymous.</li>
<li style="text-align: justify;">China has banned bitcoin transactions in December 2013.</li>
<li style="text-align: justify;">Unlike traditional banking methods, you can send money with little to no fees using bitcoin. With bitcoins, there are little to no transaction fees, and the money is transferred instantly.</li>
<li style="text-align: justify;">Bitcoins are held in digital wallets and you can see your balance online. However, if you lose unique keys to this wallet, bitcoins are lost forever. However, nobody can steal bitcoin from your wallet. Amazingly you don’t have to pay any annual fees to keep the wallet. You can have as many wallets and bitcoin addresses as you like.</li>
<li style="text-align: justify;">You can also have a physical wallet the same way there is a digital Bitcoin which holds a piece of digital information on paper that can be stored in a safe space.</li>
<li style="text-align: justify;">With increasing use, you can really buy things with bitcoins as it is evolving into real currency. A variety of merchants have started accepting bitcoins as payment for items, both online stores, and physical stores.</li>
<li style="text-align: justify;">Bitcoin Computes More Than 100,000 Transactions a Day. The number has been growing at an exponential rate.</li>
<li style="text-align: justify;">Bitcoin (BTC) is divisible to one million bits i.e. decimal places 0.00000001 which is equivalent to one &#8220;Satoshi&#8221;. The smallest denomination viable for a transaction is 5,430 satoshis.</li>
<li style="text-align: justify;">When the US federal government raided and shut down the first online drug illegal marketplace, Silk Road, it also seized bitcoins to the tune of $28.5 million or almost 1.5 percent of the world&#8217;s bitcoin mine at that time. It is now auctioning them off to put them back in circulation without flooding the market and crashing their value.</li>
<li style="text-align: justify;">In Newport, Wales, in July 2013, a man named James Howell threw away his old hard drive in a Welsh landfill, without realizing that it also held his digital wallet with 7,500 bitcoins which he had mined in 2009 when bitcoins were limited. By the time he discovered his mistake in November 2013, the value of those bitcoins had soared to $7.5 million then and it was lost forever.</li>
<li style="text-align: justify;">Norwegian Kristoffer Koch invested $28 in bitcoin in 2009 and forgot about it. When he remembered this in 2013, it was worth about $8,25,000.</li>
<li style="text-align: justify;">When Laszlo Hanyecz, a programmer paid a fellow bitcoin user 10,000 bitcoins (roughly $25 then) for two Papa John&#8217;s pizzas on May 22, 2010, little did he know that it would be worth millions today. Since then, May 22 is celebrated as Bitcoin Pizza Day to celebrate the most expensive pizzas in history.</li>
<li style="text-align: justify;">It has been observed that almost 65 percent of bitcoins in the world are mined or bought and stored being inactive wallets. The regular transactions that keep the bitcoins network working are only happening on the remaining 35 percent that uses it like a currency rather than a commodity.</li>
<li style="text-align: justify;">The amazing fact is that Bitcoin is designed in such a way that pooling 51 percent of the bitcoin network gives you control which can wreak havoc with the bitcoins but this is most unlikely to happen.</li>
<li style="text-align: justify;">Currently, about ten people /organizations hold roughly 20% of all Bitcoins.</li>
<li style="text-align: justify;">Mt Gox was a company that was handling almost 70% of all the transactions based on Bitcoin, and at the time of the crash in February 2014 due to theft by hackers, it was holding over 850,000 Bitcoins worth billions. Since Bitcoin is untraceable, they only managed to retrieve 200,000 Bitcoins.</li>
<li style="text-align: justify;">Argentina has seen massive bitcoin transactions recently as its currency has crashed and people have lost faith in it.</li>
<li style="text-align: justify;">WikiLeaks turned to bitcoins for donations as the leading money transfer companies refused to deal with it.</li>
<li style="text-align: justify;">Lamborghini became the first car company to accept payment in bitcoins.</li>
<li style="text-align: justify;">The Canadian city, Vancouver became the first city to install bitcoin cash machines.</li>
</ol>
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<h4><em>~ By Amazing Facts 4U Team</em></h4>
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