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2024-01-03 02:37:49

Diesel on Nostr: “Time Preference”- 27th Edition 1) # Full nodes (reachable) - 17,323 (+4.07%) 2) ...

“Time Preference”- 27th Edition


1) # Full nodes (reachable) - 17,323 (+4.07%)

2) # LN nodes - 13,803 (+0.76%)

3) LN capacity (BTC) - 4,999 (-0.32%)

4) BTC addresses > 1M sats - 12.76M (+0.34%)

5) BTC addresses > 10M sats - 4.59M (+0.16%)

6) BTC addresses > 100M sats - 1.024M (+0.11%)

7) Hashrate (EH/s) - 510 (-5.20%)

8) Price - $42,258 (-1.80%) (Sunday close)

9 Price/Hashrate - 83 (+3.59%)

10) Michigan businesses accepting BTC (btcmap.org) - 17 (n/c)

11) Routing Events - 501 (-50.20%)

12) Routing Sats - 441 (-5.97%)

* % change figures from prev.


Full nodes count bounced back up which is nice to see. LN capacity dipped below the psychological level of 5,000 BTC for the first time since 10/1/23 after that big spike up from ~4,700. We topped out at about $5,400 at the end of Nov. and have just drifted down since. Not sure this metric makes a ton of difference at the current stages - More important that we're using the capital more and more in addition to growing capacity. Still interesting to note big swings in the network 'size' - Price has an impact on this though as well obviously. Less BTC required as fiat value increases as much as it has since Oct.

Addresses all tick up, good to see. I'm VERY curious in watching these numbers in the coming months after spot ETF approval. I still don't like it but that's neither here nor there. I'm a free market guy at the end of the day.

Lastly, we can all laugh at my routing node activity again. It sure isn't easy to run a node and not lose money but I still do it, not sure why.

Cheers on getting back to the short work week for some, finish it out strong! Oh, and the #runningbitcoinchallenge kicks off tomorrow so I will be getting my runs in over the next week!

#bitcoin #timepreference #mining #Einundzwanzig #michigan #LightningNetwork ⚡️
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