โถ Coinbase Website: Coinbase.com
โถ CEX Website: cex.io
๐กINTERACTIVE DASHBOARD:
Bitcoin mining is one of the most interesting, but least understood parts of the network. This session will explore the fundamentals of mining dynamics, and how we track them with on-chain metrics.
Topics for Discussion:
– Understanding difficulty, block intervals and hashrate
– Assessing miner revenue and profitability
– Tracking miner capitulation cycles and behaviours
– Confluence between miner cyclical indicators.
Follow us and reach out on Twitter:
Join our Telegram channel:
For on-chain metrics and charts, visit Glassnode Studio:
Join the discussion on Glassnode Forum:
Timestamps
0:00 Introduction
1:25 Crash Course Basics of Bitcoin Mining
5:25 The Evolution of Bitcoin Mining
8:35 Mining Difficulty
10:30 Mean Block Interval
13:38 Estimated Hashrate
15:15 Total Transaction Fees [BTC]
17:30 Total Block Reward [BTC]
18:45 The Economics of Miner Revenue [USD]
20:15 Difficulty Ribbon and Mining Cycles
21:50 Assessing Miner Capitulation
24:02 Glassnode Advanced Mining Metrics
26:21 Summary and Conclusion
About:
This Glassnode video report provides an overview of the metrics, trends, and network performance for Bitcoin and the crypto market.
Disclaimer:
This report does not provide any investment advice. All data is provided for information purposes only. No investment decision shall be based on the information provided here and you are solely responsible for your own investment decisions.
โถ Coinbase Website: Coinbase.com
โถ CEX Website: cex.io
Youtube version
