@Diesel
LN node runner-ish
No relay list published yet.
Recent Notes
Fortunately bitcoin is open source, so no, none of what's in the files affects my view of bitcoin.
Appreciate the response! On that note, I’d love some commentary on where things stand on the network side of things. Very interesting stats, IMO:
https://primal.net/e/nevent1qqs95dsel7v5jt2h5w8k88a0nylnwlxn3plsf3dxr7zjap2tx6g5g9gejzp7e
https://primal.net/e/nevent1qqs95dsel7v5jt2h5w8k88a0nylnwlxn3plsf3dxr7zjap2tx6g5g9gejzp7e
"Time Preference”- 49th Edition (17th months later!)
Percentage changes are from the 48th edition (June 2024)
1. Full nodes (reachable): 23,806 (+30.48%)
2. LN nodes: 17,372 (+34.45%)
3. LN capacity (BTC): 5,705 (+14.01%)
4. BTC addresses > 1M sats: 12.59M (-0.10%) !!!
5. BTC addresses > 10M sats: 4.46M (-2.18%) !!!
6. BTC addresses > 100M sats: 975k (-3.60%) !!!
7. Hashrate (EH/s): 881 (+55.38%)
8. Price: $75,662 (+10.70%) (yesterday’s close)
9. Price/Hashrate: 85 (-28.76%)
10. Michigan businesses accepting BTC (btcmap.org): 156 (+1,460%)
% change figures from previous edition.
Wow, it’s been a minute! Lots to unpack here. The 17-month gap sheds light on where things stand today.
What’s awesome? Full node and LN node growth! It’s great to see more people participating in the network.
What doesn’t look great? Address counts. This doesn’t surprise me—I’m of the opinion we haven’t had a true bull market in years. You could argue for 2021, but a case could be made for going back to 2017 if you ignore price. Looking at addresses over 1M sats, there’s been no blow-up/blow-off action since then—just steady growth that’s turned stagnant or slightly declining over the last year and a half. That said, factors like Lightning adoption, SegWit, and price itself affect address counts. The bullish sign is that this smooth line is starting to trend up slightly (0.01 BTC address count) 👀
What’s wild? Hashrate—up 55%, despite a 20% drop in the last two weeks (weather-related? Miner capitulation?)—while price is only up 10%!!! This ratio of 85 has been a great buying opportunity in the past (e.g., September 2024 and Jan/Feb 2024). After all, it kinda feels like we could send this thing to zero anyway, doesn’t it?
Cheers, everyone—have a great rest of the week!
#bitcoin #timepreference #mining #Einundzwanzig #michigan #LightningNetwork ⚡️
Percentage changes are from the 48th edition (June 2024)
1. Full nodes (reachable): 23,806 (+30.48%)
2. LN nodes: 17,372 (+34.45%)
3. LN capacity (BTC): 5,705 (+14.01%)
4. BTC addresses > 1M sats: 12.59M (-0.10%) !!!
5. BTC addresses > 10M sats: 4.46M (-2.18%) !!!
6. BTC addresses > 100M sats: 975k (-3.60%) !!!
7. Hashrate (EH/s): 881 (+55.38%)
8. Price: $75,662 (+10.70%) (yesterday’s close)
9. Price/Hashrate: 85 (-28.76%)
10. Michigan businesses accepting BTC (btcmap.org): 156 (+1,460%)
% change figures from previous edition.
Wow, it’s been a minute! Lots to unpack here. The 17-month gap sheds light on where things stand today.
What’s awesome? Full node and LN node growth! It’s great to see more people participating in the network.
What doesn’t look great? Address counts. This doesn’t surprise me—I’m of the opinion we haven’t had a true bull market in years. You could argue for 2021, but a case could be made for going back to 2017 if you ignore price. Looking at addresses over 1M sats, there’s been no blow-up/blow-off action since then—just steady growth that’s turned stagnant or slightly declining over the last year and a half. That said, factors like Lightning adoption, SegWit, and price itself affect address counts. The bullish sign is that this smooth line is starting to trend up slightly (0.01 BTC address count) 👀
What’s wild? Hashrate—up 55%, despite a 20% drop in the last two weeks (weather-related? Miner capitulation?)—while price is only up 10%!!! This ratio of 85 has been a great buying opportunity in the past (e.g., September 2024 and Jan/Feb 2024). After all, it kinda feels like we could send this thing to zero anyway, doesn’t it?
Cheers, everyone—have a great rest of the week!
#bitcoin #timepreference #mining #Einundzwanzig #michigan #LightningNetwork ⚡️
The administration went silent on the Epstein files because they and their friends are in it a bunch. Just as much as their enemies.
Trump's first administration and Biden's administration both sat o...
Lyn do you have any thoughts on some of the stuff regarding bitcoin and block stream in the files? This guy touched literally everything
GM - is the almost 20% drop in #bitcoin hashrate weather related? Anyone got a line here?
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Never used Cash app, Have been on Strike and DCAing almost 4 years... Plus, Strike is BTC first and foremost. Cadh addef BTC ad an afterthought.
Does Cash even offer BTC backed loans? Maybe...dunno, ...
I am not sure, probably not since I don’t know either. Most of my bigger activity has always been with strike. The convenience of being able to have a checking account associated with it was amazing - I used bill pay a lot. I just really like what block is doing with progressing bitcoin payments for small businesses so try and support them too. Sometimes I use both at the same time
First step was to simply say “no” to any new opportunities to earn fiat and direct 100% our attention to begin earning sats and v4v. We transitioned the farm from a for-profit to a non-profit v4v ...
I was gonna say the same thing wondered if you had a write up already on the journey and initial hurdles. This helps
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Thank you for sharing that. Our family continues to use Bitcoin more and more. It's been a three and a half year journey for us. The simplicity of the Strike App and Bitkey has been a blessing. Techno...
How do you like the bitkey? I thought I remember reading about synergies between Cash App and Bitcoin. Good to know strike works with it well too
As soon as nostr:nprofile1qqsvn0dkjt80raqrxd470c98n7zrdehmcvj6p5hgw3kyku6zyd8z0fqpz4mhxue69uhk2er9dchxummnw3ezumrpdejqzrthwden5te0dehhxtnvdakquw0j5p launches their announced Line of Credit product, pl...
Curious why strike and not Cash App? I struggle so often use both haha but like hearing others opinions
The added sugar and all types of sweets of course (unless sugar free). I never brought sugar home but I ate chocolate and desserts regularly. Now I make it all using cacao, honey, dates, nuts, and oth...
Sounds great, thanks! Glad it’s working well for you!
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It’s been a while since I last posted, so here’s an update:
I’ve been off sugar for the past 3 months and it feels good - calmer if I may say. I still enjoy dessert, but with organic honey or d...
Just added sugar and the like or full keto type change? ADHD sufferer here and am interested in trying some new things
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