My last suspicion about two of the top Bitcoin miners redeploying their hardware to AI on the cusp of a "Bitcoin Strategic Bitcoin Reserve"...

Empty Mempool!
The good news is that Bitcoin’s mempool finally works again after eighteen dysfunctional months. At its worst, 5-6% of Bitcoin’s daily transactions were expiring incomplete. Now the mempool queue is almost empty like it usually was. The perhaps bad news is that daily transactions have fallen for five months, now

The Bitcoin hashrate fell 7.6% last month which indicates that miners reduced their mining activity, maybe from weariness of losing money.

Bitcoin Hashrate Faces Massive 7.6% Plunge: Price To Follow?
On-chain data shows the Bitcoin Hashrate has observed a sharp drop recently. Here’s what this could mean for the asset’s price.

Review for new readers... Bitcoin miners have been losing money since last April and are collectively losing at least $2.5 billion annually, regardless of "positive analyst estimates". I developed this simple holistic calculation in 2022 which has been surprisingly accurate.

Current calculation:

annual income: $85k/coin x 165k coins = $14 billion
energy cost: 172 terawatts x $0.105 / kwatt = $18 billion

net miner loss: $4 billion

For the newly-minted supporters of Bitcoin reserves...

Bitcoin Death Spiral
Accounting report confirms my calculation in July of a $1.25 billion industry loss since April. But it only covers three public companies, so industry loss is probably much higher “Core Scientific Inc., Marathon Digital Holdings Inc., and Riot Blockchain Inc., the three largest publicly traded Bitcoin mining companies in

The real key to preserving your State pension fund is to take control of your own money.

State Depository Token Platform - 2025
Proposal for a State Depository Token platform which issues financial tokens backed by the US dollar, gold, Bitcoin or other stores of value.