I work in the auto industry at a Tier 1 supplier to Ford. These are some of the biggest gaps between the UAW and the Big 3 automakers that have been seen from what I’m told by experienced folks in the industry. Unprecedented.
I think the stat is Michigan (where I live) could fall into a recession in just 10 days of strikes. Wild
I missed this!
Monthly stats this year (events / sats earned):
Jan - 6,306 / 5,100
Feb - 4,350 / 2,060
Mar - 7,897 / 2,233
Apr - 4,675 / 2,843
May - 3,126 / 1,473
Jun - 1,900 / 1,261
Jul - 1,698 / 3,959
Aug - 1,558 / 1,630
Sept - 2,347 / 4,205
So it’s really just events and activity as a whole slowing down quite a bit from Q1. September maybe picking back up?
HF.
The strike begins.
GM
Fall is literally the best
“Time Preference”- 11th Edition
1) # Full nodes (reachable) - 16,711 (-0.21%)
2) # LN nodes - 15,163 (-1.26%)
3) LN capacity (BTC) - 4,781 (-0.23%)
4) BTC addresses > 1M sats - 12.38M (+0.41%)
5) BTC addresses > 10M sats - 4.48M (+0.27%)
6) BTC addresses > 100M sats - 1.02M (+0.11%)
7) Hashrate (EH/s) - 383 (-5.90%)
8) Price - $25,836 (+0.12%)
9 Price/Hashrate - 67 (6.39%)
10) Michigan businesses accepting BTC (btcmap.org) - 21 (n/c)
* % change figures from prev.
Price goes up, price goes down, at the end of the day we’re still in a range. Does the magic $25k hold? Tough to tell with what feels like a hit cpi print coming tomorrow. Who knows, I know I’m stacking some sats right now though. All other metrics pretty flat, surprised to not see more of a drop in Hashrate with price action the way it’s been the past month. After the drop from $29-$30k, we’ve basically just sat on this ledge for a month.
#bitcoin #timepreference #mining #lightningnetwork⚡️
Thanks for putting this all together. Really good stuff.
GM
#nostrthoughts for the week:
Anything can be accomplished with three things - Heart, Energy and Faith.
Heart is simply the passion and love for what you’re trying to complete. It doesn’t have to be directly related to the task at hand but in one form or another you need to care, even indirectly, about what it is you’re trying to accomplish to succeed.
Energy is both the mental and physical strength to accomplish your goal. I think of things like fueling your body, allowing your brain to focus, getting rest, working out and just having a general mental and physical motivation to succeed. Don’t let your body work against you here, it’s a tool for success.
Faith is the belief, the confidence, that things will work out the way they should with you trying your best, and there’s only so much you can control. Some have that faith in God (myself), nature, or the general “way of the world”. The key is you can only do what you can control and being comfortable with the outcome brings this all together.
Thanks for listening and have a great week, another #timepreference report coming this morning.
News to me. Really?
“Time Preference”- 10th Edition
1) # Full nodes (reachable) - 16,747 (+2.02%)
2) # LN nodes - 15,357 (+0.66%)
3) LN capacity (BTC) - 4,792 (+0.13%)
4) BTC addresses > 1M sats - 12.33M (+0.41%)
5) BTC addresses > 10M sats - 4.45M (n/c)
6) BTC addresses > 100M sats - 1.02M (+0.15%)
7) Hashrate (EH/s) - 407 (+7.51%)
8) Price - $25,805 (-1.21%)
9 Price/Hashrate - 63 (8.11%)
10) Michigan businesses accepting BTC (btcmap.org) - 21 (n/c)
* % change figures from prev. week
Fundamentals continue to grind higher with increases in full and LN nodes as well as LN capacity and BTC addresses. Hash rate continues to move higher and price continues to decline. Sure feels like lower prices in the near future as there isn’t much of a bid at all right now. Stack away
#bitcoin #timepreference #mining #lightningnetwork⚡️
My #lightningnetwork #routing activity is down significantly the past few months compared to the 18 months prior. Yet I’m still a top 250 routing node on terminal.engineering. What gives? How is routing activity across the board?
HF
Would you mind linking your source for the CaGR at 40%?
Feels like we retrace that whole move up right now, something seems off