Oddbean new post about | logout
 So dad, what did you do today in work?
I made graphs of Bitcoin data, that are not that insightful but maybe interesting to someone who is numerically inclined. 

Summer doldrums in halving years were pretty low, ooo scary!! 😧 

But, having gone into the halving at last cycle’s ath, the block reward is currently twice what it was in 2016 and 2020, this time is quite different.

If price dips, all those older miners with more expensive power will leave, hashrate will like drop, people may get scared (mining stocks will get decimated, hmmm, may prep for this), but “sell in May and go away”, not much will happen until likely Dumptember followed by Uptober. #bitcoin. Happy Friday Freaks!!! https://image.nostr.build/ee23f4f2c928f7b6053fca6b614834fbbfd6ebace1dd2674f22e0c220fc6d3a7.jpg https://image.nostr.build/4a4eb32d44c1cac7805450ecd925d805d17abb0c1e1cd7a4445204db998ffc4a.jpg