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In previous cycles especially early years since 2009, cryptocurrency market is mainly around bitcoin, altcoins have trading pairs with Bitcoin. This make capital flow in and out of Bitcoin in this market, will be one of signal for altcoin season. This is pressure on Bitcoin like selling pressure when people feel they don't have good opportunity for profit with Bitcoin, they convert bitcoin to altcoins in altcoin/bitcoin trading pairs. In this cycle, capital flow is different, and stable coins have bigger roles, that help Bitcoin to avoid selling pressures from traders and investors who want to flip capital around. An insight on altcoin season in 2024 - 2025 bull run.Alt season is no longer defined by asset rotation from Bitcoin.
The surge in altcoin trading volume isn’t driven by $BTC pairs but by stablecoin and fiat pairs, reflecting real market growth rather than asset rotation.
Stablecoin liquidity better explains the altcoin markets.
Let's discuss about Bitcoin. |
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A thread about Laszlo Hanyecz on X which is interesting and I believe it's worth to share here.
This content is from the thread.Mined 80,000 BTC when it was under $0.01
Spent $2.4 billion on pizza
 1/A Mac programmer from Florida, Laszlo Hanyecz discovered #Bitcoin in April 2010 when it was less than $0.01.
His goal was to help more people run the software.
Back then, $BTC only ran on Windows.
 2/Laszlo quickly translated Satoshi’s code for MacOS.
He wrote software users began running within a week.
Here’s the computer he wrote it on: an iBook G4 😲
 3/Laszlo quickly became one of Satoshi’s most trusted contributors
Here’s Satoshi and Laszlo discussing what gives #BTC value and the mechanics of how payments work 👏
 4/Laszlo and Satoshi also discussed #Bitcoin’s future design
Here’s Laszlo pushing back against those who already didn’t think the network could scale 👏
 5/Laszlo was one of the first 5 developers to work on #Bitcoin.
Here’s Satoshi crediting him for his work helping to test and review the 3rd version of the software in history 🏆
 6/Laszlo wasn't just a coder though.
He was the 1st user to mine with powerful GPUs
He took computer hardware specialized for video games and quickly boosted the network’s hashpower 🔥
 7/Laszlo’s mined 35,000 $BTC in just the first 2 months
He was making 700+ $BTC a day
His wallet balance grew to over 80,000 #Bitcoin 🤯
 8/Satoshi didn't like what he saw
In fact, he wrote an email to Laszlo asking him to reconsider how he was mining.
He wanted to keep it easy for "100% of people" to earn #Bitcoin 🤔
 9/Rather than quit mining, Laszlo decided to give back to #Bitcoin.
In fact, he dusted off one of Satoshi’s own ideas – taking an example from the official Bitcoin FAQ.
 10/So, on May 18, 2010, Lazlo went on to the #Bitcoin forum and offered to send 10,000 $BTC to anyone who would buy him dinner.
10,000 BTC was worth just ~$41 🤯
 11/3 days later, a 19-year-old student in California answered his call.
Jeremy “Jercos” Sturdivant got on his laptop and ordered a pizza from Laszlo’s local Papa John’s, swapping 10,000 $BTC.
Here’s what the payment looked like on the blockchain:
 12/Here’s a picture of Laszlo and his kids eating the two 10,000 $BTC pizzas.
At $70,000, each pie cost ~$350 million
Each slice cost over $40 million 🤯
 13/For Laszlo, though, this wasn’t enough.
He made clear it this an “open offer"
He spent 40,000 $BTC on pizza ~$3 billion today 🤯
 14/In 2010, Laszlo was one of #Bitcoin’s most active developers.
Then, life got in the way.
He spent everything he mined and left the community.
 15/Laslzo has no regrets, though.
In 2018, he bought two pizzas with #Bitcoin again.
In fact, he was one of the 1st to use the Lightning Network for a payment – another historic first ⚡️
 16/Today, Laszlo has the distinction of eating the most expensive pizza in history.
But – more importantly – he kickstarted the #Bitcoin economy, paving the way for a freer financial system.
I don't know what do you learn from his story but I myself learn from his experience as follows. I will never sell all bitcoin I have and I always reserve a part of my bitcoin for very long term, like 10% to 30% of my bitcoin for very long term and I even don't care when I take profit with it. In next 20 or 30 years, the 10% to 30% of my reserved bitcoin possibly will have more value than what I sell earlier.
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The transaction has its value is $383,218,948 and transaction fee is 35,700 satoshis that equal to $24,76.  Bitcoin transaction fee is still not cheap enough for everyone but mempools are better recent weeks, people have better conditions to move their bitcoins with cheaper fees. That big transaction above is very beneficial for people who have big fund and can use Bitcoin blockchain to move their fund on chain, with cheaper transaction fee than if they do it through bank transfer. Transactions on Bitcoin blockchain have an extra security, no reverse. It is still expensive for people with small fund or the poor to feel feasible when using Bitcoin blockchain and spending fee. |
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This is the Genesis block of Bitcoin blockchain. https://www.blockchain.com/explorer/blocks/btc/0Genesis blockThe miner is Satoshi Nakamoto with this Coinbase message Coinbase Message
EThe Times 03/Jan/2009 Chancellor on brink of second bailout for banks
Some information on Blockchain.com explorer Bitcoin Genesis
On January 3rd 2009, the Bitcoin network was created when Satoshi Nakamato (the project's mysterious creator) mined the “Genesis” block. The 50 bitcoin coinbase reward is unredeemable, as it was omitted from the transaction database. This means any attempt to spend it would be rejected by the network. Whether this was intentional or not still remains unknown.
A total of 0.00 BTC ($0.00) were sent in the block with the average transaction being 0.0000 BTC ($0.00). Satoshi earned a total reward of 50.00 BTC $0.00. The reward consisted of a base reward of 50.00 BTC $0.00 with an additional 0.0000 BTC ($0.00) reward paid as fees of the 1 transactions which were included in the block.
The Bitcoin Genesis block reward was sent to this address of Satoshi Nakamoto 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa https://www.blockchain.com/explorer/addresses/BTC/1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNaPeople still sent satoshi to the address. Like dusts with values smaller than transaction fees. This is the Genesis address, it is owned by Satoshi Nakamoto and contains the unspendable 50 bitcoin mined from the genesis block.
Bitcoin Balance
72.74312021
Summary
This address has transacted 6,575 times on the Bitcoin blockchain. It has received a total of 72.74312567 BTC $3,292,629 and has sent a total of 0.00000000 BTC $0.25 The current value of this address is 72.74312021 BTC $3,292,629.
What mining pool will celebrate it with a Coinbase message this year? |
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In Archival board, I saw a pinned thread with no title, no content. I knew the title is "Review кaмпaнии зa Bitcoin" from two replies in that thread, and knew that the content in OP was removed. But it sucks to see that thread pinned even it an Archival board. I don't know why that thread was in Archival and why it was pinned but I think the thread must be trashed. |
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Ethereum has rallied and even broke their 2018 all time high and hit a new one in 2021. If consider the Google Trend search is an indicator for retail investment, the chart shows the retail investments decreased. How about your thoughts? As the chart and fractal, it looks like the retail investment into Ethereum will recover from current price. In worse movement, I think Ethereum will be bottomed up at $1400 from which it will start a new ride to a new all time high. https://trends.google.com/trends/explore?date=today%205-y&q=ethereum |
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The trade war between the USA. and the China is not a new war and the change in Presidency of the USA. might or might not change a current status of the war. The recent drama on XRP, a top 3 cryptocurrency that has terrible drama, lawsuit, and price drops 3 times in very short period is a lesson to learn from.
Circa 2018 or 2019, there are a wave of delisting on cryptocurrencies from China on Poloniex, Bittrex, etc. or trading restrictions that don't allow USA. customers to trade those cryptocurrencies.
I would like to take the XRP drama to remind you that the similar delisting wave on cryptocurrencies from China might occur again under the Presidency of Joe Biden. Active projects won't die as consequence of delisting on USA exchanges but price will drop freely. Delisting on big exchanges often cause terrible drops.
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Altcoins are mostly shit in crypto. They are copycat, zero-value, were born and die shortly after that. There are some sort of risks when you decide to invest in newborn altcoins: - They are pump/ dump coins. You will mostly buy at peaks and sell at bottoms or at worst, can not sell them when price falls to zero.
- You have to take risks by downloading and installing their wallets that potentially contain malwares, and other threats.
- Buying and trading them on newborn exchanges potentially put your fund at risks (when exchanges made scam exits).
Above are some vital risks of newborn altcoins. It is especially true if those projects are born in altcoin seasons, like what we have seen now. Their wallets are mainly zipped/ compressed to force you downloading and beat AV softwares. Their account ages (on Github) are young (newborn). Their ANN threads are written like trash (if you spend time to copy and paste their ANN threads' contents, then search by Google or plagiarism detecting tools, you mostly find plagiarism proof. It is so easy to make your coin, by cloning source code of the others. It is not too hard as you imagine. ContributionsZenon project: https://masternodes.online/currencies/ZNN/Github: https://github.com/zenonnetworkSee contribution calendar at the overview tab: Sometimes, you will have links that lead you to page like this one: https://github.com/zenonnetwork/ZNN-Node-deployerSo, you have to click on the link to zenonnetwork overview page, like the image shows. IMAGE Repositories pagehttps://github.com/zenonnetwork?tab=repositoriesInsightshttps://github.com/zenonnetwork/zenonThen, you can check some tabs: contributors, code frequency, etc. The data for Zenon is very little, so I will use the one for DASH to give you an example https://github.com/dashpay/dash/graphs/contributorsTo check more, you should visit their core developers' contributions: https://github.com/codablockJoin dateGithub changed so now you can only see join date at overview page of each account. Before that change, the join date is display right under username. Don't invest in coins that have Github accounts were very lately created. I don't judge all of them are scammers or bad developers but if you don't afford to lose your capital, don't invest in such newborn projects with newly-created Github accounts. https://help.github.com/en/github/visualizing-repository-data-with-graphs/viewing-a-projects-contributorshttps://help.github.com/en/github/setting-up-and-managing-your-github-profile/viewing-contributions-on-your-profile#contributions-calendarhttps://help.github.com/en/enterprise/2.13/user/articles/viewing-contribution-activity-in-a-repositoryhttps://www.vice.com/en_us/article/vb9v33/github-bitbucket-repositories-ransomwarehttps://guides.github.com/activities/forking/#making-a-pull-request |
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Hi all guys,
I am back with intention to mne altcoins after many months of hypernation.
Which altcoins are the best to mine with AMD GPUs 470 and 570 4GB?
Which mining algorithms are the most common for best minable altcoins?
If your given coins are newborn, please help me with links to their ANN threads on the forum and their sites.
Please help, if you have actively mined altcoins recent weeks and know which ones are the best.
I much appreciated your answers to come for my lazy questions.
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I see this negative rating that is inappropriate in my opinion. See it here: https://bitcointalk.org/index.php?action=trust;u=2694164Do not post in French section if you can not speak french
The appropriate trust feedback is neutral, in my opinion. It is terrible to leave negative trust feedback like that, especially leave it on account that runs their good company (so far) in the forum. There is a good guide from LoyceV: LoyceV's Beginners guide to correct use of the Trust system
That case closed and as the others proposed to move the thread to Reputation, but I am not going to move it. Personally, this issue is fitted with Meta, and might cause more guides on how to use Trust feedback more correctly (in particular, with disagreement in language or language-related problems). I planned to open the thread one week, then I am going to lock it. Thank you. |
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What is ToS?It is Term of Service, abbreviated as ToS. On some platforms, there is another term that used for the same purpose, called as a User Agreement. There are lots of things presented in ToS, but there are some vital parts that you must read them carefully before doing deposits to your accounts. Because if you are not careful, you might lose your money, and those platforms have rights to reject your deposit returns when you fraud them, or violate their rules in ToS. Don't take risks and waste your time by trying to cheat them with VPS, multiple accounts. Eventually, you will be found, and you will lose your money (original capital or profits from tradings/ gamblings). Like in the forum, you can not break rules, plagiarise, then ask for forgiveness after being permanent banned. On exchanges/ casinos, you can not cheat/ abuse/ break their rules and ask for supports or forgiveness. - Restrictions, such as restricted locations
- Number of allowable accounts: allow multi accounts/ linked-accounts or not.
- Restricted activities (discover by yourself)
- Identities verification (discover by yourself)
- More things
Another method to fastly get them (but you might miss some details) is reading FAQs almost never read them  I just read their FAQs and helpdesk section faqs usually points out the important things from the ToS and helpdesk Q and A contains further information on specific instance case
Restricted locationsI give some examples from some exchanges and casinos Bittrex2.2
You may not use the Services if you are located in, or a citizen or resident of the United States. You may not use the Services if you are located in, or a citizen or resident of any state, country, territory or other jurisdiction that is embargoed by the United States, or if you are on any trade or economic sanctions lists, such as the United Nations Security Council Sanctions List, or if you are restricted or prohibited from engaging in any type of trading by the European Union, Hong Kong Monetary Authority, Hong Kong Customs and Excise Department, Office of Foreign Asset Control or any other administrative law enforcement agencies.
[ ... read more]
Poloniex37. LEGAL COMPLIANCE
The Services are subject to all applicable export control restrictions, and, by using the Services, you represent that your actions are not in violation of such export control restrictions. Without limiting the foregoing, you may not use the Services if (i) you are a resident, national or agent of Cuba, Iran, North Korea, Sudan, Syria or any other country to which the United States, the United Kingdom or the European Union embargoes goods or imposes similar sanctions (“Restricted Territories”); (ii) you are a member of any sanctions list or equivalent maintained by the United States government, the United Kingdom government or by the European Union (“Restricted Persons”) or (iii) you intend to transact with any Restricted Territories or Restricted Persons.
Cloudbet5.1.3. You agree that at all times when using the Website you are not a resident of any of the following countries: - the United States of America and its territories;
- United Kingdom;
- Hong Kong;
- Singapore;
3.3. You are aware that the right to access and use the website and any products there offered, may be considered illegal in certain countries. We are not able to verify the legality of service in each and every jurisdiction, consequently, you are responsible in determining whether your accessing and using our website is compliant with the applicable laws in your country and you warrant to us that gambling is not illegal in the territory where you reside. For various legal or commercial reasons, we do not permit accounts to be opened or used by customers resident in certain jurisdictions, including the United States of America (and her dependencies, military bases and territories), Australia, United Kingdom, Estonia, or other restricted jurisdictions (“Restricted Jurisdiction”) as communicated by us from time to time. By using the Website you confirm you are not a resident in a Restricted Jurisdiction.
3.4 When attempting to open an account or using the Website, it is the responsibility of the player to verify whether gambling is legal in that particular jurisdiction. If you open or use the Website while residing in a Restricted Jurisdiction: your account may be closed by us immediately; any winnings and bonuses will be confiscated and remaining balance returned (subject to reasonable charges), and any returns, winnings or bonuses which you have gained or accrued will be forfeited by you and may be reclaimed by us; and you will return to us on demand any such funds which have been withdrawn.
Identities verificationBittrex3.3
You may be required to provide Bittrex with certain personal information, including, but not limited to, your name, address, telephone number, email address, date of birth, taxpayer identification number, government identification number, photograph of your government-issued ID or other photographic proof of your identity, and information regarding your bank account.
Binance5.b. User Identity Verification
The identity verification information we request may include, but is not limited to, your: Name, Email Address, Contact Information, Telephone Number, Username, Government Issued ID, Date of Birth and other information collected at the time of account registration. In providing this required information, you confirm that it is accurate and authentic. Post-registration, you must guarantee that the information is truthful, complete and updated in a timely manner with any changes.
Number of allowable accountsThere are platforms allows multiple/linked accounts, but there are some platforms don't allow multiple accounts. Please be careful and read ToS. Cloudbet5.1.9.2. Only one account per customer/IP/household is allowed. If you attempt and/or successfully open more than one account, all of your accounts may be blocked, suspended or closed and any bitcoin credited to your account frozen.
Sporstbet.io3.5. You are allowed to have only one Member Account. If you attempt to open more than one Member Account, all of your accounts may be blocked, suspended or closed and any funds credited to your account/s will be frozen.
That one is a good example (we simply assume that user tells the truth). SPORTSBET.IO / SPORTS BET IO ... SCAMMED ME FOR $150K USD +He is a UK citizen, but tried to created and used multi-accounts on Sportsbet.io - that does neither accept UK cititzens nor allow multi-accounts. FortuneJackAccording to our Terms and Conditions, we reserve the right to terminate all the accounts onto the same IP. The rules apply to the accounts, coming from the same family, household, relative or a connected person that might be somehow linked with the acc. 
I would also recommend the following site: https://tosdr.org/ - Terms of Service; Didn't Read. It essentially provides easy to read and understand summaries of what you are agreeing to when you sign up to various sites. Unfortunately it doesn't have much crypto cover yet (Coinbase is the only site on there as far as I am aware), but a good resource nonetheless.
My favorite things I usually do when I have intention to join new platforms, in orders of priority, is: - Reading FAQs - Reading Term of Service/ Term and Conditions/ User agreements. The exact phrase will depend on each platform.
Pay your attention and keep you updated with changes on KYC requirements Search on KYC when register account is good but not enough. Companies change their policies and KYC is one of possible changes. I know some people don't log in their accounts or don't revisit company websites when they feel disappointed with loss. It is a bad behavior because risks of freeze on inactive accounts or KYC requirements. Please see the announcement of Bitmex: Announcing the BitMEX User Verification Programme. This change is applied for international users, globally and not only in the US. Another information need to be noted is window time of KYC verification, on Bitmex, you will be allowed to finish KYC till 12 Feb. 2021. Furthermore, pay your attention on window time to withdraw your fund if you don't want to do KYC. The User Verification Programme will go live from 00:00 UTC on 28 August 2020. It will be mandatory for all BitMEX users to have completed identity verification by 12 February 2021 at 00:00 UTC in order to continue trading on our platform.
You can take a glance at the service from Pmalek and do your own double checks on ToS or FAQ pages of the casino you are interested in. Which casinos have IP blocks in place for restricted countries?| Casino | Restricted Countries | Active IP Ban | | _____________________________ | _____________________________ | _________________ | 1.Roobet.com
2. Coins777.com
3. Stake.com
4. btb88.com
5. PlayBitcoinGames.com
6. Chips.gg
7. JacksClub.io
8. 7XL.co
9. Sportsbet.io
10. Betcoin.ag | Germany, USA, Netherlands
No Info Available
France, UK, USA
Germany, Switzerland, Turkey
No Info Available
USA, UK, Netherlands
No Info Available
No Info Available
USA, Germany, Netherlands
USA, UK | Germany - NO
USA - YES
Netherlands - NO
-
France - YES
UK - NO
USA - YES
Germany - YES
Switzerland - YES
Turkey - YES
-
UK - NO
Netherlands - NO
USA - NO
-
-
USA - YES
Germany - YES
Netherlands - YES
USA - NO
UK - NO
| | _____________________________ | _____________________________ | _________________ |
Source: https://bitcointalk.org/index.php?topic=5278411.msg55269011#msg55269011
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Let's kick off by raising some question directly: - Which kind of posts deserve merits?
- Do you send your sMerits to users when you simply agree with their posts?
- Do you send your sMerits to users when you diagree with their posts?
There is nothing completely right or wrong in life. What we do believe is right today might turn into wrong one someday later. Nobody knows when current facts turn into wrong ones because all things we cope with are two-sided. Everyone has rights to present personal opinion, and when people put decent efforts to collect proof (from available statistics), from their own calculation/ estimation, from available high-reputable sources, in order to demonstrate their opinion with good intention ( not to make decent works to prove something to scam others), I do believe that their opinion should be respected. At least, their opinions that reflected via posts (in forum) remind us that there are opposite sides that we should spend our time to reconsider, and recheck our opinion is right or wrong. It's only good, not bad. Before going to answer three big questions above, I quoted some posts on merit system, how to use merits, from theymos (there are likely more, but I have not found all of them ATM). In Merit & new rank requirementsI'm hoping that this system will increase post quality by:
- Forcing people to post high-quality stuff in order to rank up. If you just post garbage, you will never get even 1 merit point, and you will therefore never be able to put links in your signature, etc.
- Highlighting good posts with the "Merited by" line.
While we will not be directly moderating this, I encourage people to give merit to posts that are objectively high-quality, not just posts that you agree with.
Please try to merit posts that other people might find interesting, since top-merited posts show up on the stats. In Writing a welcome messageMerit, which is gained by making good posts.
Aside from that, if people complain about whether things deserve merit at all, then that's something to perhaps think about, but if you conclude that they're wrong, then that's that.
Answers:* It is not a guide on merit usages, just my opinion.1. Which kind of posts deserve merits?Answer: Posts that are objectively high-quality or good quality deserve merits. (Please read theymos's opinion above) - Which posts are good/ high-quality? They are posts that on-topics, informative, stay on questions of OPs and other good/high-quality posts in threads. They have to partially (at least) answered questions of OPs or answered other questions from high/ good-quality posts in threads, that gradually popped-up when discussions move further. Posts are informative, answered OPs' questions are still pointless if questions already answered by previous posts. 2. Do you send your sMerits to users when you simply agree with their posts?Yes, you can. However, you should do it wisely, based on quality of posts you agree with. If those posts are high-quality, helpful; I totally agree to send smerits to those posts when you agree with. It means if you agree with low-quality posts, please don't send your smerits to those posts. It is kind of goes against the core purposes of merits. 3. Do you send your sMerits to users when you diagree with their posts?Yes, you can. Once again, whenever a post is high-quality, informative, on-topic, and worth-reading, question-breaking, question-opened (or posts that open the door to discussion as @mikeywith expressed), it deserves merits. It is so easy to identify such posts by yourself. How? If you see a garbage-post, you will move on in seconds. Do you agree? So what if you see a post that catches your attention, and keeps you reading it for a while (minutes or longer), it is a worth-reading post. Even after spending minutes to read and think of ideas inside that post, and finally you disagree with, I do believe that post worths a merit, at least. I recently started focusing on posts that open the door to discussion even if they don't have a direct answer to the problem/question in hand
Some opinions from usersI've personally merited posts which I outright disagree with I do that sometimes, but it confuses people: @LoyceV, meriting/agreeing to the OP from trusted device but disagreeing from non-trusted device  Most people have been conditioned by large corporations to use "Like" and "Upvote", and they're used to it. Merit is different, but it doesn't show when you're meriting a post. Users won't know the difference if they don't read about it on Meta. I'd say Bitcointalk needs a small explanation on how to use them ("merit good posts") on the "Merit a post"-page. As I said before ....many users do not have merits.
What about them?
That will only make them more quiet
Merit isn’t meant for that anyways. An “Agree” would be more about pointing out your opinion without you needing to create a redundant post (not necessarily reward a good post). However, I’m pretty sure that’s not going to happen. Merit is indeed for awarding usefulness, not that you agree or like what the poster wrote.
Please don't use merits as a substitute for "agree" and don't make "+1" posts.
It's a discussion forum so discuss. If you don't have anything else to add other than "+1" then just don't.
I wouldn't do it for posts you "agree with", but for posts that are worth reading. I've done this to posts that stated what I wanted to add to the thread already, so posting it again would be spammy. So I try to highlight the post by Meriting it.
I guess it's caused by actually reading the thread, instead of just responding to the title or OP. I'd say that's a good thing.
I've personally merited posts which I outright disagree with, and have even merited posts which are wrong. However, if there's a good argument or at least some effort was applied then it doesn't matter whether they get their facts a little skewed. Whoever you are you are not going to have all the answers, and especially when discussing technical aspects of Bitcoin. My merit rewarding system is all about effort, and quality rather than being factually correct.
Of course, if they're spewing total nonsense which makes little sense then that's not likely to get a merit, because its likely not constructive, and a quality post to begin with. An example would be discussion of the conspiracy theory that certain people on this earth are lizards. Even though I think that's batshit crazy if they bring some quality discussion, and reason to believe that then I'll likely reward them for that even though I'm totally against the suggestion as long as effort has been applied, and its of high quality regardless of the subject.
This post is what users discussed a few days before merit system released, but it is worth to note that theymos emphasizes he would prefer users using merits not as Like button (see above quotes). Someone who has time should maintain a list of these phishing sites, and we can encourage all new users to update their hosts file.
Someone already did that: https://github.com/StevenBlack/hosts (scroll down a bit to see many different categories hosts files). The one mentioned above isn't on it though, so I've added it by myself. ^ ^ Another post I wish I could simply +1 or "Like" Please Theymos..... 
To end the thread, do you agree with my opinion?  |
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I am curious on the meaning of bitcoin nodes distribution, as below. Source: https://bitaps.com/From the site, and given figures, as of writing, there are 9318 nodes in total, and most of them run and located in the USA. and Germany. Details: - USA: 2636 (28.3%)
- DE: 1669 (17.9%)
- FR: 617 (6.6%)
- NL: 462 (5%)
- CN: 390 (4.2%)
- Others: 3544 (38%)
- Total: 9318 (100%)
It is abnormal to see there are very little nodes in China, that has the biggest bitcoin mining farms, globally. Nodes in China account for only 4.2% of current bitcoin nodes. The first position of the USA does not surprise me, but the second position held by Germany does surprise me a lot. Together, those two nations have more than 46% of the total bitcoin nodes globally. That is a very impressive figure. Among top nations listed, I grouped them into different continents, and found raw results: - America: 2921 (31.3%)
- Europe: 3551 (38.1%)
- Asia: 911 (9.8%)
- Others: 1935 (20.8%)
They are not exactly representative statistics for continents because there are nations in each continent that are not displayed in the top list. I think the raw data shows that America and Europe continents have nearly the same percent of bitcoin nodes, and Asia continent ranked in the third place but significantly falls behind first two continents. I am not familiar to that term, so I am wondering myself with some questions: - Has China lost its leading position in bitcoin ecosystem, that reflected via total bitcoin nodes in that nation? - Should we use Total Bitcoin Nodes as an indicator for level of powerful contribution of nation on bitcoin global network? Thank you all for your help. I am still discovering about bitcoin nodes. Keep learning every day. BTW, have a nice weekend everyone. Bitcoin Q&A: What is the role of nodes? (Andreas M. Antonopoulos)https://medium.com/bitstamp-blog/should-i-run-my-own-node-13c3f6a21627https://bitcoin.org/en/full-node#what-is-a-full-node |
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