It costs the U.S. Mint about 2.7 cents to produce a single penny.
Fact #11409
More Technology Facts
Blockchain technology underlies cryptocurrencies but is also used for supply chain tracking and secure voting systems.
Fact #4381 · Technology
Hydraulic systems use incompressible fluid to transfer force — they power everything from car brakes to excavators.
Fact #4390 · Technology
The first product to have a barcode scanned at retail was a pack of Wrigley's chewing gum in 1974.
Fact #3810 · Technology
The smartphone combines communication, computing, and media functions.
Fact #1550 · Technology
The transistor, invented in 1947, made modern computers possible by replacing bulky vacuum tubes.
Fact #4359 · Technology
The first computer mouse was made of wood — Douglas Engelbart built it in 1964.
Fact #3939 · Technology
The first computer mouse was made of wood.
Fact #3386 · Technology
The first text message ever sent read 'Merry Christmas' and was sent on December 3, 1992.
Fact #3612 · Technology
Want more facts?
We have over 11,491 facts across 15 categories.