“Time Preference”- 15th Edition

1) # Full nodes (reachable) - 16,697 (-0.08%)

2) # LN nodes - 14,384 (+0.31%)

3) LN capacity (BTC) - 5,295 (+10.94%)

4) BTC addresses > 1M sats - 12.35M (-0.11%)

5) BTC addresses > 10M sats - 4.48M (-0.08%)

6) BTC addresses > 100M sats - 1.02M (-0.20%)

7) Hashrate (EH/s) - 432 (+5.62%)

8) Price - $27,933 (-0.22%) (Sunday close)

9 Price/Hashrate - 65 (-5.53%)

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

* % change figures from prev.

The highlight here is the increase in LN capacity but it’s so big I’d like to corroborate it elsewhere (I use mempool.space for my data). 10% is quite the jump I’m curious if this is a glitch or true growth in capacity from prior week. Will stay close to this figure in next week’s report - It’s the first time back above the arbitrary 5K mark since July.

All adoption metrics at an address level continue to decline. What will be the spark to tick us back up again? A war in the Middle East? Gold price action getting that early safe haven bid, curious to see where bitcoin responds. Still below critical resistance at $28.5K. DCA.

Have a great week!

#bitcoin #timepreference #mining #lightningnetwork⚡️

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