Bitcoin miners are capitulating.... or are they? Also, a new fee dynamic emerges that sets a new baseline for fees on Bitcoin!
Charlie also reviews news & metrics for all things Bitcoin, Ordinals, Runes, and Bitcoin Tech!
Follow our host: @cbspears
👋Bitcoin Season 2 is proudly presented by Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!
Enjoy the show? Check out our website and newsletter!
--
00:00:33 - Welcome back to Bitcoin Season Two
00:01:03 - Bitcoin prices drop to $55,800
00:01:35 - Germany selling Bitcoin
00:01:54 - Bitcoin ownership and market impact
00:02:18 - Bitcoin mining and hash price index
00:03:38 - Bitcoin mining profitability challenges
00:04:31 - Bitcoin adoption and mining cycle
00:05:17 - Bitcoin mining difficulties and hash rate trends
00:06:09 - Bitcoin miners facing economic challenges
00:06:57 - Uncommon Goods rune analysis
00:07:20 - Runes market cap and trends
00:08:08 - Ordinals activity and secondary market trends
00:09:01 - Uncommon Goods minting dynamics
00:10:16 - On-chain fee rates and Uncommon Goods minting
00:11:22 - Tools for minting Uncommon Goods
00:12:22 - The impact of Uncommon Goods on Bitcoin fee rates
00:14:11 - Technical overview of a complex Bitcoin transaction
00:17:06 - Conclusion and shout-out to Boston on Stacker News
00:18:25 - Outro and upcoming events
