@Diesel
LN node runner-ish
No relay list published yet.
Recent Notes
"Every currency system in the world has to grow or die."
New pod with Lyn Alden where we discuss:
- A system designed for you to lose
- The illusion of growth
- Why you are falling behind
- How the ...
Love your work and love @Lyn Alden. Excited to check this one out
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"Time Preference”- 50th Edition (Ash Wednesday, see you next on Easter Sunday!)
1. Full nodes (reachable): 25,049 (+5.22%)
2. LN nodes: 17,417 (+0.26%)
3. LN capacity (BTC): 5,092 (-10.75%)
4. BTC addresses > 1M sats: 12.65M (+0.38%)
5. BTC addresses > 10M sats: 4.47M (+0.26%)
6. BTC addresses > 100M sats: 975k (-0.05%)
7. Hashrate (EH/s): 1,043 (+4.30%)
8. Price: $67,200 (+1.05%) (yesterday’s close)
9. Price/Hashrate: 64 (-3.11%)
10. Michigan businesses accepting BTC (btcmap.org): 166 (+6.41%)
% change figures from previous edition *
Taking a nice little hiatus during lent this year from all markets, news, social media and etc. wish me luck! Fortunately I have my faith, friends and family to guide me through finding new and more productive ways to spur dopamine in the brain :)
On to the report - price has fallen out the window in short time yet hashrate bounced back from the weather related event and we’re now sitting at what I’d like to consider DEEP value in my hashrate/price metric. 64 takes us back to October 2023 again. Caveat, although I do feel it’s take a loan out of the 401k value here, it usually takes time to grind out of this. In true time preference form, don’t expect a quick return, however the asymmetry is skewed quite favorably to be buying bitcoin here I think.
Also, address counts over .01 have a nice little chart forming. Very curious to see how that looks come Easter. It’s been since January 2024 since we set a record in that number but the smoothed trendline looks like we might take that high out and soon.
TLDR: stay humble and stack sats. Under the hood node counts, address counts and hashrate are churning and bullish. Enjoy the ride!
Cheers, everyone—have a great rest of the week!
#bitcoin #timepreference #mining #Einundzwanzig #michigan #LightningNetwork ⚡️
#stayhumbleandstacksats
1. Full nodes (reachable): 25,049 (+5.22%)
2. LN nodes: 17,417 (+0.26%)
3. LN capacity (BTC): 5,092 (-10.75%)
4. BTC addresses > 1M sats: 12.65M (+0.38%)
5. BTC addresses > 10M sats: 4.47M (+0.26%)
6. BTC addresses > 100M sats: 975k (-0.05%)
7. Hashrate (EH/s): 1,043 (+4.30%)
8. Price: $67,200 (+1.05%) (yesterday’s close)
9. Price/Hashrate: 64 (-3.11%)
10. Michigan businesses accepting BTC (btcmap.org): 166 (+6.41%)
% change figures from previous edition *
Taking a nice little hiatus during lent this year from all markets, news, social media and etc. wish me luck! Fortunately I have my faith, friends and family to guide me through finding new and more productive ways to spur dopamine in the brain :)
On to the report - price has fallen out the window in short time yet hashrate bounced back from the weather related event and we’re now sitting at what I’d like to consider DEEP value in my hashrate/price metric. 64 takes us back to October 2023 again. Caveat, although I do feel it’s take a loan out of the 401k value here, it usually takes time to grind out of this. In true time preference form, don’t expect a quick return, however the asymmetry is skewed quite favorably to be buying bitcoin here I think.
Also, address counts over .01 have a nice little chart forming. Very curious to see how that looks come Easter. It’s been since January 2024 since we set a record in that number but the smoothed trendline looks like we might take that high out and soon.
TLDR: stay humble and stack sats. Under the hood node counts, address counts and hashrate are churning and bullish. Enjoy the ride!
Cheers, everyone—have a great rest of the week!
#bitcoin #timepreference #mining #Einundzwanzig #michigan #LightningNetwork ⚡️
#stayhumbleandstacksats
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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 ⚡️
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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
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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
I'm neither a macro nor a charts guy, but how is Bitcoin flat in light of this? $31B is a rounding error?
nostr:nevent1qqsr4rcykxudze6fyjxghqerwp4vspjcj7jrtmk3jkvaz73hctf3g2qzyrr7mfnq567gyuznp6ptff...
Don’t think bitcoin catches up instantly but @Lyn Alden is the expert here
Happy New Year! Here’s to the best year yet. No flashy or overly aggressive goals over here, something simple that I’m going for - making the bed every morning. Wonder how long it will take for my wife to say something 😂
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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