Category: Bitcoin Magazine

  • Pick Your Poisson

    Pick Your Poisson

    Block 840,000 is not just another block in the blockchain; it triggers the Bitcoin halving where the block reward is reduced from 6.25 BTC to 3.125 BTC, cutting the amount of BTC mined each day in half. You don’t have to be a Princeton economist to understand the impact this will have on the supply…

  • The Pursuit Of Sats Flow

    The Pursuit Of Sats Flow

    This article was originally published in The Withdrawal Issue of Bitcoin Magazine. This article is written as of block height 789,088, using a BTC price of $30,000, and $0.065 kWh for the modeling. The number one question everyone inevitably asks themselves is: How could I possibly outperform bitcoin? You will not find a single answer,…

  • Demystifying Hashprice

    Demystifying Hashprice

    This article was originally published in The Gatekeepers Issue of Bitcoin Magazine. “There’s things you know, and there’s things you don’t know, and there’s things you know you don’t know, and there’s things you don’t know you don’t know” – Socrates The most important bitcoin metric you don’t know or understand is hashprice and today…

  • Building Blocks

    Building Blocks

    This article was originally published in The Broke Issue of Bitcoin Magazine. Welcome to Bitcoin, a peer-to-peer electronic cash system that prevents double-spending with a decentralized network where new coins are made from proof-of-work without a centralized mint or trusted third parties. This guide helps you discover how miners build blocks for the Bitcoin blockchain,…

  • Hashing the High

    Hashing the High

    This article was originally published in The Orange Party Issue of Bitcoin Magazine. “Hashing the High” offered a fascinating glimpse into Bitcoin’s hashrate during its peak in 2022. The infographic aimed to visualize the hashrate by measuring the energy consumption of the entire network if it relied solely on Bitmain Antminer S19j Pro 100T ASICs.…