Hello everyone, An interesting indicator for Bitcoin : the hash rate. What is the Hash Rate ? The estimated number of tera hashes per second (trillions of hashes per second) the Bitcoin network is performing.
The intrinsic value of Bitcoin as calculated by Joules of energy input only.
Buying during Miner Capitulation yields wonderful returns. The best buy signals occur on Hash Rate "recovery", and when price momentum is also positive. Historically, this strategy has yielded average returns to cycle peak of >5000%, with max Drawdown of -15%. Follow me to learn more about this indicator.
The Bitcoin Difficulty Ribbon is based on Willy Woo's implementation and it gauges the selling pressure experienced by Bitcoin miners. The Bitcoin Network Difficulty is a measure of how complicated it is to find the next block, compared to the ease of finding the easiest possible one. When the difficulty decreases it's a hint that the mining sector is...
An experimental Bitcoin TotheMoon confirmation tool. Represents a mapping of Bitcoin's All-Time Hash Rate to the corresponding Bitcoin's price on the chart. As always, you can support the author with donations via PayPal or crypto.
The Bitcoin Network Difficulty is a measure of how difficult it is to find the next block, compared to the difficulty of finding the easiest possible one. The easiest possible block has a proof-of-work difficulty of 1.
The Hash Rate is the amount of computing power securing the Bitcoin Network. The value is expressed in TH/s. Therefore a read of 1,000,000 (one million) would equate to 1 EH/s. Here's a cheatsheet to convert this value into other units: 1 kH/s is 1,000 (one thousand) hashes per second 1 MH/s is 1,000,000 (one million) hashes per second. 1 GH/s is...