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Address Types of BTC Block Winners (Blocks 604143 – 604242, n = 100)


(Please excuse poor formatting, I'll try another way in another post soon)
                                        
Pool Name                 Address               Blocks Won      

F2Pool                    1KFHE7...          21              
BTC.com                    bc1q18...          15              
AntPool                    12dRug...          12              
Poolin “1” wallet                 1MUz4V...          11              
Poolin “3” wallet                 3HqH1q...            6      
SlushPool                         11CK6K...            6              
ViaBTC                    18cBEM...            5            
Unknown “1” (THash & 58COIN)   147SwR...            4                 
Unknown “4.1” (Huobi)      1C81BG...            4
Unknown “4.2” (Huobi)      1MvYAS...            2
Unknown “5” (okpool.top)      3DNPFX...            3
Unknown “6”                  3QLeXx...            3
Unknown “2” (Spiderpool)      38u1sr...            2
Unknown “7” (bytepool)      39m5Wv...            2
Unknown “3” (BitFury)      3KF9nX...            2              
BTC.TOP                    1Hz96k...            1              
Unknown “8”                 14eygc...            1

Total:                                   100 blocks won


Data looks better here at this Google Drive Link:

https://docs.google.com/spreadsheets/d/1pLWVImy9E8O9A3yY4RcwkL-HZeiAFTcSudu8oTpk90I/edit?usp=sharing


Notes:

1.   Information on some “Unknowns” from blockchair.com (OP-RETURN info?, from blockchair.com)
2.   There are SIX unique SegWit (addresses) and ONE SegWit Native (address) above, addresses in purple
3.   SegWit addresses (both types) won 33% of the 100 blocks examined
4.   Note Poolin and Huobi have different addresses winning blocks…
5.   Percent blocks won last 24 hours do not add to 100%, probably due to different block winners…
6.   Data from blockchain.info and blockchair.com, and are blocks won approx. midday 17 Nov 2019 (ET)
7.   It might be worthwhile to see if any of the SegWit addresses of miners change as May 2020 gets closer…


17 Nov 2019

I use BitPay on my iPad, and it works OK (I have used BitPay for a couple of purchases) and was also easy to install.  Yes, they do try to lock you into their system, thanks HCP for showing a workaround.


EDIT: More BitPay comments found here:

https://bitcointalk.org/index.php?topic=5173083.40

For years I have had the highest respect for N. N. Taleb.  He was the guy who wrote the book (The Black Swan), as well as some others on finance and how so many "experts" are complete phonies.

Fooled by Randomness (I would start with this one if interested in his ideas) and Antifragile are also extremely good reads of his.

A "Black Swan" is an unexpected, low probability event (usually negative) that has a large impact.  Think 9/11...  Unexpected.  "Low Probability" (impossible to predict).  HUGE impact.

...

JJG (yr comment 508059)

By nature I am a debt-averse guy.  I also believe (big-time) in diversification.

The big institutions can indeed take advantage of ZIRP and maybe even NIRP, but no one will not pay me to borrow their money.  Perhaps some of the very rich or well connected can take advantage of this environment to borrow.

But, I doubt that most of us are in that small club.

I would agree with those pros, at least in this case.  

Further, I think that BTC will outperform equities which will outperform bonds which will outperform housing.  

Our lil ol family has just enough housing we own, and I think bonds may WAY underperform (as at some point interest rates will go up).

Chainalysis did not put gold as one of their choices I would note...  



EDIT:  Nor did Chainalysis mention that paying down DEBT is an investment too (where else are you going to "get" a savings of up to 18% (interest on credit card debt) that you would not pay in the future by unburdening yourself of credit card debt).  Debt is a killer if unwary.

EDIT 2:  Not an expert in much of the above.  Note that I have been wrong all three times I have participated in infofront's polls...

Just saw that bump up.  Just over $9000 (preev.com) moments ago.

Wonder what's up?

...

JJG

fillippone's comment 507835 on at page 25392.  His comments on encryption, the Internet, etc. being similar to how the Netherlands developed their swampland and became a economic powerhouse is what I refer to.  Sorry for the bad communication.

EDIT:  Of course not all the story is written re BTC and the future of crypto.  I recognize that it is very possible that a better crypto may come along in due course, although it looks like the current crop of Alts are, well, shitcoins for now.

I have seen no convincing case that anyone can accurately predict future BTC prices, at least in the short to medium term.  This dump today provides more evidence of that.  I sure as hell didn't see that coming last night...

And while the S:F models may be right (if BTC does represent a big paradigm change as the poster suggested re the Netherlands last page), well that IS subject to the tremendous volatility we have all seen.

So, yeah, JJG offers excellent advice to everyone who wants moar BTC.  Take your time buying.  Be patient in HODLing.  Don't overbuy if you might need $$$ in the coming months for bills, unexpected expenses, etc.  Don't overbuy unless you are young, as those of us who are older do not have time to recover from catastrophic losses from bad timing...

Try and think the long-game.  That's what I'm doing.

...

LUCKMCFLY

Nice item!  I have respected Dr. Paul since the late 1970s.  He is a gentleman and a scholar.  Interesting that BTC won in his poll.  Gold in second place too...

*   *   *

jojo69

Yeah, don't have to bail out whales in BTC space, great observation.

Work?  You don't have to use 4-letter words here...   

...

A few years ago a man I respect very much suggested investing only as much as one would understand each investment (that I would now extend to "understand relative to other investments").

As I am not a programmer nor expert in crypto, I have arrived at HODLing some 1% (of my net), the minimum that JJG suggests above.  1% is probably close to what I understand BTC to be.  Risks and rewards are both high.  1% is the right amount for me in that if BTC price craters, it changes very little for me.  If it climbs to a nice ATH, well great!  BTC is better than a Lotto ticket, and has great potential as most of us agree. 

JJG also demands taking personal responsibility for each person's investment, I agree 100% with that.  If BTC goes to $2000, $100 or $0, well that cannot be the fault of taking some unknown commentator's analysis...

Both BTC and gold are worthy diversifications IMO.

*   *   *

Ha ha, vapourminer re 2011 - 2013.  Those days ended for me, though, in late 2012.  Lost my privileges, so to speak.

I do get your point that maybe just squeezing my eyes tightly and not looking at BTC price for a year or two might be wise...  Take away my computer?

...

I sometimes see here at BTCtalk comments on how the Bitcoin mixers actually perform their task, how well they mask the trail between BTC addresses.  One way to examine how well they keep a user's (new, receiving) address unlinked to the sending address is by measuring "taint".  I am only slightly familiar with taint, but blockchain.info a few years ago had a nice tool that calculated taint for free.  In general, the "better" a mixer was, the less taint showed up between the receiving address and the original address before mixing.

The blockchain.info tool was very nice!  But some three (?) years ago they took it down.

Is there any free taint analysis tool available (ideally easy to use)?  For me, blockchain.info taking that tool away was a real loss...

...

r0ach points (505920, last page) to a very interesting website for anyone interested in materials and related sciences.  

There are big differences between the relative abundances of many of the heavier metals in the Earth's crustal rocks and those in the universe as a whole.  In general, the heavier metals to a great degree may have sunk towards the Earth's core early on, perhaps that might explain why it seems strange that heavier metals, even in the same columns of the Periodic Chart, are more abundant than lighter ones (Ag more common than Au, Ir vs. Rh, etc.).  Iridium is extremely scarce (the second rarest element) on Earth's surface.

Worthless but perhaps interesting trivia: Hassium (Hs, element 108, only a synthetic metal with an extremely short half-life) apparently has a density of 40 times that of water.  The heaviest of the stable elements is Osmium clocking in at about 22.

[above posted to help keep anyone who is close to despair over low BTC price and needs something different today]    

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@ Biodom

OK, I read the graph wrong, I see that your explanation makes more sense.  Thank you.

In particular, it looks like I read the axes wrongly.

...

I have not checked all responses above, but with someone with their OWN computer could use Wifi (in hotels, coffee shops, etc.) by using TOR (free) and/or VPN (not expensive) and be pretty secure, especially with a hardware wallet.

The above is not "Rocket Science", if I can learn to do the above, almost anyone else can.

...

So far, the increase in BTMs (BTC ATMs) has not really led to use of Bitcoin as far as I can tell.  Reasons might include:

-- difficulty among new users to use the machines and/or deal with addresses and wallets
-- worry that the machine might eat their money and not send the BTC...
-- high costs/transaction fees
-- location of machines not being ideal (many above have mentioned that there is not even ONE machine close to them)

*   *   *

I have used a number of BTMs in the USA, including fairly recently.  I have noticed that ALL the machines I have looked at very recently now ALL demand at least a cell number (SMS text message) and inputting a name, even for low amounts of BTC/$.

My *guess* is that KYC/AML in the USA has now reached the point where you cannot buy BTC anonymously any more, which is a damn shame.

Last time I was in the UK I found some machines in London that did not ask for ID or cell phone numbers.  Comments from European residents would be nice, as then we could then know if the era of buying BTC anonymously via BTMs is now over...

Maybe I'm reading the graph wrong, but it looks to me like ~10,500 addresses holding 1000 BTC (or more) would mean that those addresses (not wallets w/ more than one address) would own:

10,500 addys * 1000 BTC = BTC10,500,000

Or well over 50% of the BTC mined so far...

Maybe it's wallets holding over $1000 worth of BTC?  The twitter link sort of suggests that too.

They tell me there are lots of dangerous lakes there in Europe.  And they're deep.  And the water is so cold, well, I'm afraid any stacks are gone for good.  Pity.  

Maybe taking along precious stuff (inc.  Ledgers with their 24 words) is not such a great idea after all.  But, taking all that stuff along with me has always seemed like a great idea.  Who wants to keep all that in some dark place at home anyway?

Collecting shiny objects?  Say it ain't so...

 

The above would be similar to what I have in mind as a BTC speculator.  Note term "speculator", that is what JJG and _javi_ are advocating.  And there's nothing wrong with that, I too am speculating with BTC.  Again, the above is similar to my own plans.

But, do note that all three of us are planning to SELL BTC.  And, presumably, BUY something else.  And what to buy...?  I know what I want.......

But, of course, owning BTC also has a tremendous advantage that we all know about but rarely discuss: mobility.  So, however high BTC rises, I will keep some around for the freedom of movement it would support.

[Edited for clarity]

...

ZeroHedge has an interesting article this evening about BTC mining in Siberia (near the town of Bratsk):

https://www.zerohedge.com/news/2019-09-04/bitcoin-miners-are-headed-siberian-town-cheap-electricity

Specifically mentioned are three mining companies:

--  BitRiver
--  Minery
--  Cryptoreactor

Cheap electricity (3.4 US cents / kilowatt-hour), cold weather.

The article mentions that most machines there are owned by Russians and Americans.