“Time Preference”- 17th Edition (again late, thought I posted earlier this week and didn’t hit submit)

1) # Full nodes (reachable) - 16,565 (-1.59%)

2) # LN nodes - 14,108 (-0.92%)

3) LN capacity (BTC) - 5,302 (-2.18%)

4) BTC addresses > 1M sats - 12.31M (-0.04%)

5) BTC addresses > 10M sats - 4.49M (+0.01%)

6) BTC addresses > 100M sats - 1.02M (-0.08%)

7) Hashrate (EH/s) - 447 (+0.22%)

8) Price - $30,002 (+10.41%) (Sunday close)

9 Price/Hashrate - 67 (+10.16%)

10) Michigan businesses accepting BTC (btcmap.org) - 22 (+4.76%)

* % change figures from prev.

Well, from a price standpoint this is quite dated. I don’t think there’s a lot to say in regards to the network itself, slight decrease across the board in most metrics but price. We did give back some of the gains in LN capacity every so slightly.

I’d like to incorporate some subjectively ‘better’ LN stats than what I’ve been showing because really what’s important isn’t LN capacity increase or even number of nodes - what’s important is how often is the network being used. In a conversation I had last week with a fellow bitcoiner he mentioned measuring usage better. #asknostr any ideas?

Price finally catches up and breaks out of a 75 week range. Let’s see what happens from here. I’ll be honest, I’m not sold on the “decoupling” we’re seeing from traditional indexes but if that’s what is really going on right now then people much smarter than me will be acting on this in a big way very soon.

Have a great weekend!

#bitcoin #timepreference #mining #Einundzwanzig #michigan #lightningnetwork⚡️