Buffett and Munger simply don't get it Tomorrow, Thursday 5 May 2022, block number 735,000 will be mined at approximately 11:00 BST (10:00 GMT). Halving periods are separated by 210,000 blocks, which, given a block is mined every 10 minutes or so, come around every four
ByteTree Market Health Update; Issue 108 Some believe the four-year bitcoin price cycle is over. I have no doubt that one day it will be, but not yet. What is clear is that the amplitude of the four-year cycle is falling as other drivers take over. The root cause of
ByteTree Market Health Update; Issue 86 As of this morning, there are 148,012 blocks that will be mined ahead of the next halving. That was forecast to arrive in May 2024, but given the reduction of Chinese hashing power, halving looks likely to be delayed until 20 August 2024
ByteTree Market Health Update; Issue 73 With 312,500 BTC mined since the last halving in May 2020, there are one million BTC that need to be mined before the next halving. That is expected to take place on 6 May 2024. At that time, 93.8% of the 21
Reviewing Past Predictions Bitcoin’s network value has experienced parabolic growth over the last six months in line with a handful of other risk-on assets such as tech stocks. While growth was inevitable in hindsight, one must not forget that Bitcoin was worth just $4,600 this time last year.
ByteTree Market Health Update; Issue 31 Over the past week, Bitcoin transaction value (brown line) has picked up again, which comes as a relief. The average level over the past week, 5 weeks and 12 weeks has been $16 billion per week. Source: ByteTree. There is one thing we can
ByteTree Market Health Update; Issue 27 Halving was two weeks ago and things are settling down, but things have changed. The miners are supposed to be generating 6,300 Bitcoins per week but are only managing 5,100. The expectation was that the block reward would fall by 50%, but