What are the propping up? Cash goin where?
New article from #[0] that introduces a new tool, the Bitcoin Confirmation Risk Calculator. By providing it a percentage of hashrate a pool has, it tells you the likelihood the pool can successfully execute a reorg.
https://blog.lopp.net/how-many-bitcoin-confirmations-is-enough/
For example, with 35% of the hashrate, Foundry has a 73% chance of successfully executing a reorg for a block with 1 confirmation.
For a block with 6 confirmations, it has a 28% chance!! That is so wild to me, I thought the percentage would be much lower.
Hmmm, that is surprising. Kinda sus
Saylors thoughts hit different + sent me down the hole
Can’t see zapper in your profile
I wouldn’t mind if it stays this way. This is awesome!
💩 could hit the fan any day now and bitcoin will get dragged down with everything else