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Bitcoin’s decentralization is getting stronger, quiet and steady. The share of home and small-scale miners has climbed to ~2.5% of the global hashrate in just 18 months. This isn't just noise. It is a structural shift powered by hobby miners.

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Maxwell 1w ago

Seems like pleb mining is going parabolic 🚀

Replying to

Bitcoin Data Guy

The debate around Bitcoin Knots, block filtering, and "spam" is loud, but how much Hashrate is actually enforcing stricter rules on-chain right now?

I queried the on-chain data for the last 30 days to find out. The result is stark:

🟦 Knots / Ocean: ~1.4% 🟧 Core / Others: ~98.6%

The on-chain vote remains clear. For now.

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Maxwell 3w ago

Puh, I would have expected much more ocean hashrate

Replying to

Bitcoin Data Guy

BTC price is chopping, but the chain is awake.

I queried all transactions >10 BTC over the last 30 days to see if the big players are stepping back.

They aren't. Transaction count for whales remains elevated despite the red candles.

Retail gets bored. Smart money gets busy.

#Bitcoin

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Maxwell 3w ago

There is nothing slowing down!

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Maxwell 1mo ago 💬 1

The myth that #Bitcoin is more unequally distributed than the traditional financial system is false. When adjusting for exchange wallets, Bitcoin's Gini coefficient is roughly 0.82. The global fiat system scores worse, around 0.88 according to the UBS Global Wealth Report.

The key difference is the trend. Fiat wealth continues to centralize over time. Bitcoin is distributing. In 2012, whales controlled 62% of the supply; today, that figure is down to 34%. One system is concentrating, the other is dispersing.

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