“Time Preference”- 7th Edition
1) # Full nodes (reachable) - 16,667 (-0.03%)
2) # LN nodes - 15,584 (-0.31%)
3) LN capacity (BTC) - 4,755 (-0.35%)
4) BTC addresses > 1M sats - 12.22M (+0.03%)
5) BTC addresses > 10M sats - 4.43M (+0.12%)
6) BTC addresses > 100M sats - 1.01M (+0.10%)
7) Hashrate (EH/s) - 384 (+0.80%)
8) Price - $29,050 (+0.67%)
9 Price/Hashrate - 77 (+0.99%)
10) Michigan businesses accepting BTC (btcmap.org) - 21 (n/c)
* % change figures from prev. week
I hope it isn’t just me and the data speaks for itself, we’re just in the most boring phase of bitcoin I’ve experienced since 2020. The past 7 weeks haven’t really moved the needle on a single metric as shown above. What is it about periods like this? I think people are building. I think bitcoiners are accumulating. And I think patience will offer success
#bitcoin #timepreference #mining #lightningnetwork⚡️