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Difficulty Adjustment

Bitcoin’s Poisson Paradox

Bitcoin's Poisson paradox refers to the fact that many people wait longer than 10 minutes for a confirmation of their BTC transaction, even though...

Bitcoin’s Hash Rate, 2021 Reviewed

In this article we review the changes to Bitcoin’s hash rate in 2021. We look at miner difficulty, earnings, and ASIC prices over the...

How are Bitcoin’s Difficulty and Hash Rate Calculated?

How are Bitcoin’s difficulty and hash rate calculated? Bitcoin’s difficulty is adjusted bi-weekly to speed up or slow down the block pace to a...

How Much Power does it take to Mine a Bitcoin?

How much power does it take to mine a bitcoin? In this assessment we find that an average of 143,000 kWh of energy is...

Bitcoin’s Network Charted: understanding miner trends

Bitcoin is not comparable to traditional markets. Therefore financial analyses and statistical tools do not accurately describe the state of Bitcoin's network. In particular...

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