Date: May 22, 2024

State of the Network:

Block Height: 844622 - Rod/Eco to update

According to our friends at newhedge.io: Bitcoin difficulty is 83.1 Trillion and set to increase roughly 1% at the conclusion of epoch 418 which should be on Thursday the 23rd.

Over at Hashrate Index: https://data.hashrateindex.com/asic-index-data: Miners under 25J/Th are selling for roughly $12.21/Th at the moment, which has been relatively flat since October.

Moving over to mempool.space: Hashrate is currently estimated to be 591Eh, down from the all time high of 639Eh on April 27th.

Taking a look at insights.braiins.com: Hashvalue is currently 80k sats/Ph/day and Hashprice is $56/Ph/Day

The halving is due in: 1,407 days according to https://www.coinwarz.com/mining/bitcoin/halving

Shout out to our miners: “bikesandbitcoinhowlongcanthesenamesbeistheguestreallygoingtoreadthiswholethingicantbelieveits”, “bikesandbitcoin”, “bikesandbitcointangent(youhavetosayitloud,though)”, “reedsminersarenotforprofit”,”dotthedraht”, “bitaxewannabejustans17pro”, and “blizzabler”. And shout out to our Public Pool miners: “Boerst” and “FOSS||GTFO”. 

Special Thanks to Barnminer for generously donating a portion of sales from his grass fed beef jerky during the whole month of April. You can support an awesome bitcoiner, get great quality beef jerky, and support POD256 by visiting: https://barnjerky.hashrootsinc.io/

Samourai Wallet Defense Donations: https://p2prights.org/

Special Guest: Luke Dashjr, Chairman & CTO - OCEAN

• Luke Dashjr on Twitter: https://x.com/LukeDashjr

• OCEAN on Twitter: https://x.com/OCEAN_mining

• OCEAN’s website: https://ocean.xyz/

  
  

Rod @bitkite on Twitter: https://twitter.com/bitkite

Econoalchemist on Twitter: https://twitter.com/econoalchemist

Rod @bitkite on nostr: npub1atn7mlwt08erz4ap47gef92xfey65a4z9ed9vec53u5kc9v94pusl6h4x3

Econoalchemist on nostr: npub10m6lrv2kaf08a8um0plhj5dj6yqlw7qxzeag6393z352zrs0e5nsr2tff3

Bitcoin Park on Twitter: https://twitter.com/bitcoinpark_

POD256 on Twitter:https://twitter.com/pod256