"Time Preference”- 30th Edition
1) # Full nodes (reachable) - 16,838 (-1.46%)
2) # LN nodes - 13,788 (n/c)
3) LN capacity (BTC) - 4,998 (n/c)
4) BTC addresses > 1M sats - 12.74M (+0.14%)
5) BTC addresses > 10M sats - 4.57M (-0.02%)
6) BTC addresses > 100M sats - 1.019M (-0.09%)
7) Hashrate (EH/s) - 475 (-11.71%)
8) Price - $41,560 (-0.37%) (Sunday close)
9 Price/Hashrate - 87 (+12.84%)
10) Michigan businesses accepting BTC (btcmap.org) - 18 (n/c)
11) Routing Events - 262 (-9.97%)
12) Routing Sats - 693(-51.98%)
* % change figures from prev.
30 weeks I've been doing this now, crazy. The big one this week is something we haven't seen all year, hash rate decrease (quite significant, over 10%). I'll definitely keep monitoring this one in the next couple reports. You could say we were well overdue to take some power off the network based on the crazy run we've seen - In the 30 weeks I've been doing this we started at 362 and got as high as 538 EH/s - Almost a 50% increase. In any event, it is a change in trend so now we monitor. Wonder what caused over 10% to come off the network?
Price continues to decline, dropping under $40k after the weekly close yesterday. It would be nice to consolidate for a few months.
I'm really going to try and move a little slower, drink more tea at night vs. alcohol and most importantly, really focus on the time I get to spend w/ my daughter this week for the shear fact that she's at a really fun age and I know it will continue to fly by. I hope everyone can find some small goals and knock them out this week. Cheers.
#bitcoin #timepreference #mining #Einundzwanzig #michigan #LightningNetwork ⚡️