“Time Preference”- 12th Edition

1) # Full nodes (reachable) - 16,542 (-1.01%)

2) # LN nodes - 15,474 (+2.05%)

3) LN capacity (BTC) - 4,877 (+2.01%)

4) BTC addresses > 1M sats - 12.42M (+0.34%)

5) BTC addresses > 10M sats - 4.49M (+0.27%)

6) BTC addresses > 100M sats - 1.02M (+0.10%)

7) Hashrate (EH/s) - 429 (+12.01%)

8) Price - $26,535 (+2.71%) (Sunday close)

9 Price/Hashrate - 62 (-8.31%)

10) Michigan businesses accepting BTC (btcmap.org) - 21 (n/c)

* % change figures from prev.

A little late in this week’s post. As for now, the magical $25k did hold but it feels there is a magnet trending back down towards it. Hashrate continues to grind higher and the Price / Hashrate multiple continues to drop. Certainly is plenty of uncertainty surrounding the macro environment and the general markets are feeling that. I’ll be very curious to see how Bitcoin reacts over the next month or so during what feels like some higher volatility period. Most other metrics including LN capacity and nodes grind, UP! Good to see.

#bitcoin #timepreference #mining #lightningnetwork⚡️