If Tesla goes the whole fucking thing goes eventually in my opinion. It’s what started this crack party in the stock market years ago
Damn I didn’t realize Texas was that big of a contributor to the hash rate!
Awesome thanks for the info!
Careful out there today!
Starting to get interested in increasing the DCA amount again for first time in a while. Would love to stack some $30k(s) corn for the next few months and really appreciate a gift to the $20k(s)!
"Time Preference”- 30th Edition
1) # Full nodes (reachable) - 16,838 (-1.46%)
2) # LN nodes - 13,788 (n/c)
3) LN capacity (BTC) - 4,998 (n/c)
4) BTC addresses > 1M sats - 12.74M (+0.14%)
5) BTC addresses > 10M sats - 4.57M (-0.02%)
6) BTC addresses > 100M sats - 1.019M (-0.09%)
7) Hashrate (EH/s) - 475 (-11.71%)
8) Price - $41,560 (-0.37%) (Sunday close)
9 Price/Hashrate - 87 (+12.84%)
10) Michigan businesses accepting BTC (btcmap.org) - 18 (n/c)
11) Routing Events - 262 (-9.97%)
12) Routing Sats - 693(-51.98%)
* % change figures from prev.
30 weeks I've been doing this now, crazy. The big one this week is something we haven't seen all year, hash rate decrease (quite significant, over 10%). I'll definitely keep monitoring this one in the next couple reports. You could say we were well overdue to take some power off the network based on the crazy run we've seen - In the 30 weeks I've been doing this we started at 362 and got as high as 538 EH/s - Almost a 50% increase. In any event, it is a change in trend so now we monitor. Wonder what caused over 10% to come off the network?
Price continues to decline, dropping under $40k after the weekly close yesterday. It would be nice to consolidate for a few months.
I'm really going to try and move a little slower, drink more tea at night vs. alcohol and most importantly, really focus on the time I get to spend w/ my daughter this week for the shear fact that she's at a really fun age and I know it will continue to fly by. I hope everyone can find some small goals and knock them out this week. Cheers.
#bitcoin #timepreference #mining #Einundzwanzig #michigan #LightningNetwork ⚡️
GM
I think that’s exactly my issue. My activity usually comes from running and we’ve had 3 feet of snow and single digit temps for what feels like a week now
Happy for you. I’m in a shitty Friday mood. It will pass and I bet next Friday will be better. Glad we’re balancing out the world
There are no free markets except Bitcoin.
GM and HF
you're not alone
Rates up bonds down, stock futures gapping up and bitcoin flat.
What could go wrong today?
Good morning all
We almost double the monetary supply and the five richest people double their wealth in the same time period.
I wonder how the people living paycheck to paycheck are doing?
"Time Preference”- 29th Edition
1) # Full nodes (reachable) - 17,087 (-3.15%)
2) # LN nodes - 13,788 (n/c)
3) LN capacity (BTC) - 4,998 (n/c)
4) BTC addresses > 1M sats - 12.72M (-0.25%)
5) BTC addresses > 10M sats - 4.57M (-0.29%)
6) BTC addresses > 100M sats - 1.020M (-0.12%)
7) Hashrate (EH/s) - 538 (+5.08%)
8) Price - $41,715 (-5.07%) (Sunday close)
9 Price/Hashrate - 78 (-9.66%)
10) Michigan businesses accepting BTC (btcmap.org) - 18 (5.88%)
11) Routing Events - 291 (+0.69%)
12) Routing Sats - 1,443 (+76.19%)
* % change figures from prev.
A little late this week (again) but we're still here (again). Wild (or not, depending on your time preference) past week from a price standpoint, all the hype for $50k and that OG Bitcoiners were getting calls to sell their BTC because the custodians couldn't buy enough to fill the demand was kind of funny. Surprise, hello $40k, and quickly! We're hovering at a pretty crucial area $42k-$44k and I don't have strong conviction on if we breakdown or not. So I will continue to DCA.
FWIW - I'm happy the ETF narrative is done but I really don't like where I feel this is going. Centralized custody of BTC and a continued narrative that the only use case is for criminals or money laundering will only get bigger and bigger over the next year, in my humble opinion. I hold my stack in self-custody but it sure feels that outlawing self-custody in the US is the path we're headed down, it really would be the only attempt to 'stop' this thing if I was a politician concerned w/ losing my ability to control the monetary policy. I DO believe we will prevail in numbers but it's a scary thought, the path of getting there. /End rant/
Back to the report, we still see declines (quite large) in all address counts. I don't really understand why. Hashrate continues to rip! Oh, and I'm earning some fees again with some routing activity. Very volatile stat but fun to watch regardless.
I hope everyone can find some balance in their day/week. We have about 2.5 / 3 feet of snow and I was able to take my dog out today to admire the beauty of snow-covered trees. Cheers.
#bitcoin #timepreference #mining #Einundzwanzig #michigan #LightningNetwork ⚡️
GM.
Time preference coming later today.