HF
Send it. #bitcoin
"Time Preference”- 42nd Edition
1) # Full nodes (reachable) - 18,375 (-2.91%)
2) # LN nodes - 12,843 (-0.65%)
3) LN capacity (BTC) - 4,700 (+1.08%)
4) BTC addresses > 1M sats - 12.63M (+0.74%)
5) BTC addresses > 10M sats - 4.55M (+0.21%)
6) BTC addresses > 100M sats - 1.012M (+0.08%)
7) Hashrate (EH/s) - 615 (-1.28%)
8) Price - $64,950 (-1.22%) (Sunday close)
9 Price/Hashrate - 106 (+0.07%)
10) Michigan businesses accepting BTC (btcmap.org) - 11 (n/c)
11) Routing Events - 154 (+60.42%)
12) Routing Sats - 1,604 (+82.07%)
* % change figures from prev.
Back again this morning for another report, the first after the halving! I'm curious to see how this impacts hashrate and our price/hashrate metric over the coming weeks and months.
Full nodes have taken a big drop, almost 3%, after what appeared to be consistent growth for a couple months. We've seen some big swings in this metric that bounce back the next week so will be keeping an eye on this one.
Nothing new in the LN network, continued # of nodes coming off the network (or moving from public to private?) and no real influx of capital to note. It sure feels like the network has been stagnant for a while but let's see what these fees (and how long they last) will do for seeing some larger changes in LN over the rest of the year.
Good to see the largest increase across the board in all address counts, that I can remember at least. Price seems to have put in a bottom last week, let's see how long it takes to really reach price discovery or if we keep churning (and accumulating!!!) for the next month or so.
Have a great week!!! Sunny this morning here in West Michigan.
#bitcoin #timepreference #mining #Einundzwanzig #michigan #LightningNetwork ⚡️
"Time Preference”- 41st Edition
1) # Full nodes (reachable) - 18,925 (+1.25%)
2) # LN nodes - 12,927 (-0.54%)
3) LN capacity (BTC) - 4,650 (-0.11%)
4) BTC addresses > 1M sats - 12.54M (+0.59%)
5) BTC addresses > 10M sats - 4.54M (+0.11%)
6) BTC addresses > 100M sats - 1.011M (+0.09%)
7) Hashrate (EH/s) - 623 (+2.13%)
8) Price - $65,749 (-7.77%) (Sunday close)
9 Price/Hashrate - 106 (-9.69%)
10) Michigan businesses accepting BTC (btcmap.org) - 11 (-21.43%)
11) Routing Events - 96 (-65.22%)
12) Routing Sats - 881 (-39.37%)
* % change figures from prev.
We’re back! 41 reports now, I missed my first week ever last week as we welcomed into the world a second little girl. Everything is going very well and I feel very blessed.
Not a lot has changed on the network front apart from price. Welcoming a WELL overdue correction and continuing to stack sats every day.
Hope everyone has a good rest of the week and can enjoy some time with family and outdoors.
#bitcoin #timepreference #mining #Einundzwanzig #michigan #LightningNetwork ⚡️
It’s #masters week! Cheers all 🍻⛳️
Welcomed our second girl into the world yesterday in block 837882. Proud to call myself a #girldad right now.
Hope everyone has a great rest of weekend.

damn #bitcoin looks strong right now! Are people just lazy and not hitting the red button yet?
GN
Good morning! ☕️
"Time Preference”- 40th Edition
1) # Full nodes (reachable) - 18,692 (+0.77%)
2) # LN nodes - 12,997 (-1.08%)
3) LN capacity (BTC) - 4,655 (+1.39%)
4) BTC addresses > 1M sats - 12.46M (+0.18%)
5) BTC addresses > 10M sats - 4.54M (+0.14%)
6) BTC addresses > 100M sats - 1.010M (+0.08%)
7) Hashrate (EH/s) - 610 (-2.71%)
8) Price - $71,285 (+6.10%) (Sunday close)
9 Price/Hashrate - 117 (+9.05%)
10) Michigan businesses accepting BTC (btcmap.org) - 14 (-12.50%)
11) Routing Events - 276 (+60.47%)
12) Routing Sats - 1,453 (-20.03%)
* % change figures from prev.
Back again, 40 weeks now! A little tick up in #fullnode count, continued ticks down in #LNnode count. We're now under 13k LN nodes off a peak of 15.6k nodes in July 2023, almost 17% down. Price has increased significantly but I think there are other factors at play here, there's no doubt the LN network is trending toward more centralization, in my non-technical opinion.
Address counts tick up on all fronts, hashrate relatively flat and price up (until today, haha).
Have a great week, we'll be welcoming a second child potentially before next week's report, prayers appreciated!
#bitcoin #timepreference #mining #Einundzwanzig #michigan #LightningNetwork ⚡️
GM! Hope everyone has an amazing start to the week.
Happy Easter all, he has risen!
"Time Preference”- 39th Edition
1) # Full nodes (reachable) - 18,549 (-1.52%)
2) # LN nodes - 13,139 (+0.20%)
3) LN capacity (BTC) - 4,592 (-2.26%)
4) BTC addresses > 1M sats - 12.44M (+0.03%)
5) BTC addresses > 10M sats - 4.53M (+0.07%)
6) BTC addresses > 100M sats - 1.010M (+0.07%)
7) Hashrate (EH/s) - 627 (+5.73%)
8) Price - $67,188 (-1.70%) (Sunday close)
9 Price/Hashrate - 107 (-7.03%)
10) Michigan businesses accepting BTC (btcmap.org) - 16 (n/c)
11) Routing Events - 172 (+13.91%)
12) Routing Sats - 1,817 (+42.85%)
* % change figures from prev.
Dropped the ball here, I had been killing getting these out Monday mornings for a few weeks. Now it’s Thursday but I don’t plan on missing a week so here we are.
Honestly not a ton here, outside of hashrate picking back up again. I like seeing the price / hashrate metric dip down over 7% in a week, in the last this has seemed like a good buying opportunity when the underlying trend is up like it has been. As we can see since last Sunday price has indeed trended up as well.
I’m looking forward to a couple days off for Good Friday and Easter Monday. I hope everyone can spend some time with family and friends in addition to celebrating Jesus’ resurrection, if you’re a follower of Christ! See you next week!
#bitcoin #timepreference #mining #Einundzwanzig #michigan #LightningNetwork ⚡️
HF again. Gotta love a late March snowfall and a dog ready to play frisbee. Hope everyone had a great weekend!
HF!
GM, love Thursdays
Had an off day today but stumbled upon this piece and it suited me well with my often busy mind.
“Many are the plans in the mind of a man, but it is the purpose of the Lord that will be established.”
I got some comfort from this, hope someone else might too.
GN.
About the only thing being bearish today was the exact outcome bulls expected without price responding as expected
Hello and good morning
The hourly chart (very high time preference) is just brutal. Orderly selling from people that wished they sold above $70k to lock in some profits. And the market hasn’t even opened
It’s nice being a bitcoiner that is getting really excited at this price action to load up some more if they give us sub $60k corn