With the Bitcoin halving almost upon us, I made a fun little treat 😄 Here is how much miners/pools have been earning in USD over the past 4 Bitcoin epochs! These are actually animated race charts across 15 years, but my Nostr client keeps crashing when I try to upload those, so I’ll just link to then here. https://twitter.com/SDWouters/status/1780594557853577610 Hope you enjoy, took a lot of time to make these 🙂
If Bitcoin was a country, it would rank somewhere between 10-20 in population size. Something tells me we're going to enter the top 10 very soon 👀 If you're curious to learn more, you can find the analysis here image
#Bitcoin has already reached all-time-high prices in 3 of the top 20 global currencies. The rest will follow as governments continue to print money to cover for their deficit spending. People are opting out of this madness around the world, and we get called crazy for it 🙋‍♂️ image
I added a new section to @River's Lightning report on how much space the Lightning Network⚡️takes up on the #Bitcoin blockchain, and how many Lightning payments have been made with that space. Key findings: - Lightning's on-chain footprint was ~0.08% of all on-chain transactions in the past 7 years, or about 617k transactions. - The average on-chain transaction has historically facilitated at least 50-53 routed Lightning payments, which can increase significantly. (168 in Aug 2023) - In August 2023, Lightning increased Bitcoin's transaction throughput by at least 47.2% with just 0.06% of all on-chain transactions in that month. I go deeper into the stats in a video on Twitter and what they mean in practice. These findings don't change Lightning's challenges or Bitcoin's UTXO challenges, but they may give some insights to developers. You can find the full report below, the new part is on P29. 📄.pdf
We’re hiring a Content Strategist at @River to work with me on leveling up our content. It’s a fantastic company full of smart and awesome people 🧡 You can apply here if you have a portfolio of content https://boards.greenhouse.io/riverfinancial/jobs/5012722004 image
“Nobody is using Lightning” should now be a dead meme. Launching a new Bitcoin report from @River: How the Lightning Network grew by 1212% in 2 years ⚡ It’s time to pay attention to the incredible work of so many people in the space. In this report: - How many transactions on Lightning - How much volume - How many users - Industry overview of 173 companies - Funding overview - River-specific insights - Why are companies interested in Lightning - Growth accelerators And yes, an executive summary 😉 You can find the report here It would mean a lot if you could share this post and/or the report 🧡 I'll be sharing this report at The Bitcoin Conference in Amsterdam in 2 days! image