2026-02-16T14:22:28Z https://yabu.me Renaud https://yabu.me/npub1gth6pfk5gp80dyjx5ll590zqddcf3k8j2qyyqxa6l37utyz4nlzsay3a7q https://m.primal.net/HkPP.jpg https://m.primal.net/HkPP.jpg https://yabu.me/nevent1qqs06k2lhxzs6atah8n2zpun4rlj8sq7jcfpdxnj6kx7hwe8vgh2edgzyppwlg9x63qyaa5jg6nl7s4ugp4hpxxc7fgqssqmht78m3vs2k0u25m0uwf Bitcoin Block Space Weekly #11 is out.<br/><br/>BIP-110 is coming. The only question is: who signals first?<br/><br/>This week I break down the mining landscape: Who spams, who doesn&#39;t, who&#39;s most likely to make the first move, and my take on how activation plays out.<br/><br/><a href="https://blockspaceweekly.substack.com/p/issue-11-who-will-signal-first">https://blockspaceweekly.substack.com/p/issue-11-who-will-signal-first</a> 2026-02-16T14:26:06Z https://yabu.me/nevent1qqsqqpywrpv4g3uy43drh53u3drx983cape8gs4lq7wl4dcq0tpkpmgzyppwlg9x63qyaa5jg6nl7s4ugp4hpxxc7fgqssqmht78m3vs2k0u2fhph8g 0.08%... That&#39;s the fee premium SpiderPool earns over Ocean by filling blocks with non-financial data.<br/><br/>Issue #2 is out. The data on who&#39;s filling Bitcoin&#39;s blocks.<br/><br/><a href="https://renaudcuny.substack.com/p/issue-2-f2pool-and-spiderpool-the">https://renaudcuny.substack.com/p/issue-2-f2pool-and-spiderpool-the</a> 2025-12-16T12:26:45Z https://yabu.me/nevent1qqsyv6fzq7zsd8xhtx6krhlwuz936yc8cujexgcklggwgq3538j27gqzyppwlg9x63qyaa5jg6nl7s4ugp4hpxxc7fgqssqmht78m3vs2k0u2sgwzus “v30 won&#39;t change much - miners already bypass policy with direct submission anyway.&#34;<br/><br/>I tracked 3months OP_RETURN data to test that claim:<br/><br/>- Before Oct 10: Minimal large OP_RETURNs<br/>- Oct 10: v30 is released<br/>- Same day: F2Pool mines a 97KB OP_RETURN. <br/>- After Oct 10: Clear increase.<br/><br/>Who&#39;s doing this? <br/><br/>F2Pool , Marathon, SpiderPool -&gt; Combined 22-23% of the hashrate<br/><br/>23% of miners can turn 100% of nodes into large file (spam) storage devices.<br/><br/>v30 relay policy enabled this. Consensus rules will fix it.<br/><br/> <img src="https://blossom.primal.net/f5802acfcd809c67ab4e120ba28c9436350239c560d965ad066453c6c54eee2d.jpg"> <br/> <img src="https://blossom.primal.net/8959e28c060167be4a7d4c52685c81a8ac261a94502dc76791a6ec55dbee78c7.jpg"> 2025-11-18T13:11:22Z https://yabu.me/nevent1qqsz0hgy6slp238z7rptzhddxq4hpjcyvpwh4ngm3582gkjjtkfgjhczyppwlg9x63qyaa5jg6nl7s4ugp4hpxxc7fgqssqmht78m3vs2k0u2jdnjek Bitcoin hashrate trending higher -&gt; Now at 972EH/s. <br/><br/>Wen 1000EH/s? <br/><br/>I’d say quite soon… 2025-08-28T05:04:14Z https://yabu.me/nevent1qqsqre2p4m9amlg4uvkr60fpf0dg62fld74uy0rr53sg7e4rqlw692qzyppwlg9x63qyaa5jg6nl7s4ugp4hpxxc7fgqssqmht78m3vs2k0u2tf4njk Crypto sentiment back to Fear zone 😨<br/><br/>Bitcoin price is highly correlated with sentiment. <br/><br/>We could test $110k today…<br/><br/>Fear zones are usually good times to accumulate though.<br/><br/> 2025-08-20T03:16:19Z https://yabu.me/nevent1qqs2u9y68m6cv7xha6tps3yh7up5fct5wck2ayc2nv9fkswve3264uszyppwlg9x63qyaa5jg6nl7s4ugp4hpxxc7fgqssqmht78m3vs2k0u2t8tghp Bitcoin hashrate again back to 1000EH/s 👀<br/> <img src="https://blossom.primal.net/c9772e2e85e44369949929311239a60bdc9505ef65db9bd2c97fbbabe8a964e6.jpg"> 2025-07-05T11:53:58Z https://yabu.me/nevent1qqsdpe8jwfgnr7stunvr3qj0d7uklmf4ksyrwfcgc4lvmhs30rce57gzyppwlg9x63qyaa5jg6nl7s4ugp4hpxxc7fgqssqmht78m3vs2k0u2yhwgf6 🧵 &#34;Bitcoin is a ghost town&#34; they say, pointing to quiet mempools<br/>But in the last 3 months, $60B+ moved on-chain daily on average<br/>That&#39;s 588,824 BTC flowing through the network every single day<br/>The &#34;ghost town&#34; crowd is measuring the wrong thing entirely... 👇<br/><br/>2/ Here&#39;s what&#39;s actually happening:<br/>While transaction COUNT dropped slightly, transaction VALUE remains massive:<br/><br/>$60B+ daily on-chain transfers<br/>4.3M BTC weekly (21.6% of total supply)<br/>Same volume levels as 5 months ago<br/><br/>This isn&#39;t a ghost town - it&#39;s serious money moving seriously<br/><br/>3/ Plot twist: Bitcoin on-chain value often EXCEEDS daily spot trading volume<br/>June 11th example:<br/>🟠 624,437 BTC moved on-chain<br/>⚪ 467,791 BTC spot volume<br/>Real Bitcoin → Real wallets vs. Paper trading → Same coins recycling<br/>Which one matters more? 🤔<br/><br/>4/ What this actually signals:<br/>✅ Less speculation, more actual utility<br/>✅ Institutions moving capital quietly<br/>✅ Bitcoin working as designed: final settlement layer<br/>✅ Empty mempool = efficiency, not abandonment<br/>The network is maturing, not dying<br/><br/>5/ The &#34;ghost town&#34; narrative completely misses the point<br/>Bitcoin isn&#39;t about constant mempool chaos - it&#39;s about moving real value efficiently<br/>What other &#34;obvious&#34; metrics do you think tell incomplete Bitcoin stories?<br/><br/>🔍 Building tools to dig deeper into these questions 2025-06-12T09:21:30Z https://yabu.me/nevent1qqsdw2epvdxeau8tfa4p6ufhml223w69y96acsnhtmh4s2h8mz94vsqzyppwlg9x63qyaa5jg6nl7s4ugp4hpxxc7fgqssqmht78m3vs2k0u2d8tl27 In reply to <a href='/nevent1qqsgle85g93v9su3ghp0yv2vrttmyp5xr5ntd39a5nkywkv380g8nyspyfmhxue69uhkummnw3ez6an9wf5kv6t9vsh8wetvd3hhyer9wghxuet5eku5xy'>nevent1q…u5xy</a><br/>_________________________<br/><br/>Cool idea 2025-05-02T20:06:47Z https://yabu.me/nevent1qqsyl237ad7c237dmp885se9c5f7x4hc7r0t052rvv5w96u8gws7mwqzyppwlg9x63qyaa5jg6nl7s4ugp4hpxxc7fgqssqmht78m3vs2k0u2kgagel I can no longer copy and paste to my primal client. Anybody having same problem? 2025-01-31T22:05:23Z https://yabu.me/nevent1qqs83z7ncjj6zxcuk25jxn7h758xk9kgw5ws473wgc39gnn67v8hz5qzyppwlg9x63qyaa5jg6nl7s4ugp4hpxxc7fgqssqmht78m3vs2k0u2s7ltyq In reply to <a href='/nevent1qqsfw32qj8fsnvq8xlrmned4gu9vps6u94prsq8kqkfe5v64t7nqkqqpr4mhxue69uhkummnw3ez6ur4vgh8wetvd3hhyer9wghxuet5msu57a'>nevent1q…u57a</a><br/>_________________________<br/><br/>Sounds like a dream job! 2025-01-30T21:01:22Z https://yabu.me/nevent1qqsxfcgajxxxnkulgqryl57vejqvu4qkw9d2d64et0dc790a252mlcszyppwlg9x63qyaa5jg6nl7s4ugp4hpxxc7fgqssqmht78m3vs2k0u2upmnxq In reply to <a href='/nevent1qqsv5hjvr578xf4hc3shtvtzv8klkmykmgmdzp2vmdlf9w053gp0hxcnlw8g7'>nevent1q…w8g7</a><br/>_________________________<br/><br/>Well said. And X has been pretty dark lately… 2025-01-12T19:06:27Z https://yabu.me/nevent1qqs9wjnap72htr76ghdwkkgp2kgg8hh3j9z7rnvpsms9k4ykx2gs57gzyppwlg9x63qyaa5jg6nl7s4ugp4hpxxc7fgqssqmht78m3vs2k0u22tjsfm Let’s remember the last moments of #Bitcoin below $100K. <br/>We’ll remember that with a bit of nostalgia.. 2024-12-02T19:23:08Z https://yabu.me/nevent1qqs8f3s4vr6573834p3l54ycy4yjy5w0t27rl7emxu94706zywmvg7czyppwlg9x63qyaa5jg6nl7s4ugp4hpxxc7fgqssqmht78m3vs2k0u2l2g09h In reply to <a href='/nevent1qqsq6c09kv50uf24mkat2q8qk5lgwljv59awhke7f2n44pdzk9n96aspzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgg6leut'>nevent1q…leut</a><br/>_________________________<br/><br/>Also interesting to consider how the game theory may play out at government level. Government is made of people who, some of them at least, will want their share of Bitcoin. They may not have strong incentives to push for confiscatory laws. 2024-10-23T07:09:58Z https://yabu.me/nevent1qqsfq5vuh0xvzyfv5tfzvq0wat2x5kkcqmlsga0gus269js5e72hlaczyppwlg9x63qyaa5jg6nl7s4ugp4hpxxc7fgqssqmht78m3vs2k0u2472hay In reply to <a href='/nevent1qqspn0u7q9llrnwhaguthxpkn9gx6c8xcdpzaudl99wy5ky2tkhgqwgpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgrmhumq'>nevent1q…humq</a><br/>_________________________<br/><br/>Unfortunately the church has been infiltrated by some people who hate God and its creation. 2024-10-18T02:53:47Z https://yabu.me/nevent1qqsdfqkz0ya0mcy7kx2usassywmew80hv577z9eczq7x9yhdv7crjwszyppwlg9x63qyaa5jg6nl7s4ugp4hpxxc7fgqssqmht78m3vs2k0u2nvxh6v The Global Race for Bitcoin<br/><br/> <img src="https://m.primal.net/LRDT.webp"> <br/>One of the most interesting aspects Bitcoin is the game theory.<br/><br/>Thanks to its unique characteristics (scarcity, decentralization, security, divisibility, portability, fungibility, transparency and more) Bitcoin is without a doubt a superior form of money. Yet, because it is still new, only a small portion of global population has adopted it. <br/><br/>That&#39;s where game theory comes in: Every entity in the society (individual, family, communities, institutions, private companies, corporate, public sector, nation state) must make a choice: Shall I bet on that new form of money or rather stick with the current one?<br/><br/>Individuals and entities choosing not to move run the risk of being left behind. Those who decide to move will enjoy the benefits of being early but also need to consider the risk (even if small) of Bitcoin being abandoned at some point for whatever reason.<br/><br/>What&#39;s more, financial institutions that we&#39;d expect to reject Bitcoin the most because of their privileged position, now have to carefully evaluate the risk of Bitcoin winning and them losing by joining too late. Could that explain the confusing messages we seem to be getting: On some TV channels we hear Blackrock&#39;s CEO selling the unique merits of Bitcoin and Bitcoin ETF, on the other hand we hear Jamie Dimon dismissing Bitcoin as a &#39;pet rock&#39; that does nothing. Are these two really in disagreement or are they playing their own version of the game to confuse the populace while planning on getting as many Bitcoin as possible? 2024-10-10T11:49:39Z https://yabu.me/nevent1qqsyl3qpq4p2400239uq9vvx3dpg0da0vvk3ztctmyepksxfexrwwvqzyppwlg9x63qyaa5jg6nl7s4ugp4hpxxc7fgqssqmht78m3vs2k0u2a2whsl Hold #Bitcoin, sit back, relax...<br/><br/> <img src="https://m.primal.net/LQnn.webp"> 2024-10-10T05:38:02Z https://yabu.me/nevent1qqsd0apmfd3deydh6m4rhtlzg77yttcejvm8rvf27l6r2j8k86lhv7czyppwlg9x63qyaa5jg6nl7s4ugp4hpxxc7fgqssqmht78m3vs2k0u23ullwt 🚀 Why Every Bitcoiner Should Run Their Own Node!<br/><br/>Running a Bitcoin node is easier than you think and crucial for the decentralization of the network! It empowers you to verify transactions independently and contribute to the Bitcoin ecosystem. 💪<br/><br/>Curious about how to set one up and why it matters? Check out my latest post for all the insights! <br/><a href="https://renaudcuny.substack.com/p/on-the-importance-of-running-a-bitcoin">https://renaudcuny.substack.com/p/on-the-importance-of-running-a-bitcoin</a><br/><br/>#Bitcoin #Blockchain #BitcoinNode 2024-10-09T11:15:47Z https://yabu.me/nevent1qqs96edgasufm6whqv5vqmtcp4q53un4fjkky7xa49yalmtp8x9ek2gzyppwlg9x63qyaa5jg6nl7s4ugp4hpxxc7fgqssqmht78m3vs2k0u2lj20d8 Coolest aspect of being Bitcoiner is when you realize the most talented people in Bitcoin work for you and you also work for them. <br/><br/>It&#39;s quite an amazing feeling. 2024-10-08T11:43:30Z https://yabu.me/nevent1qqsy6ykdc94lf7ssvydsn4ju3furjxcnj44j268tr950f8w5gc9d0xqzyppwlg9x63qyaa5jg6nl7s4ugp4hpxxc7fgqssqmht78m3vs2k0u29t9ef7 In reply to <a href='/nevent1qqs2udychy5aa0q0uvh2jcr94666lczel60lfe99mt6p8s2lx65h8kqpr9mhxue69uhhyetvv9ujuam9d3kx7unyv4ezumn9wszvjsr5'>nevent1q…jsr5</a><br/>_________________________<br/><br/>Thanks! 2024-08-31T18:19:52Z https://yabu.me/nevent1qqsyqksqzh7wg8yxux6lchxqdmx7kqcxv9th0x9gtg6scxkedewehlszyppwlg9x63qyaa5jg6nl7s4ugp4hpxxc7fgqssqmht78m3vs2k0u2h24v7f Bitcoin: Overpriced or undervalued? Check my latest analysis using regression trend lines to decode market signals. Find out where BTC stands today and what it means.<br/><br/><a href="https://open.substack.com/pub/renaudcuny/p/riding-the-bitcoin-wave-using-regression?r=32un6z&amp;utm_campaign=post&amp;utm_medium=web">https://open.substack.com/pub/renaudcuny/p/riding-the-bitcoin-wave-using-regression?r=32un6z&amp;utm_campaign=post&amp;utm_medium=web</a> 2024-08-22T10:04:53Z https://yabu.me/nevent1qqswtty6z3swxl0vma33rdr5r82ula6pd7v7mltywyhymtln32khazgzyppwlg9x63qyaa5jg6nl7s4ugp4hpxxc7fgqssqmht78m3vs2k0u25pvxhr See my latest article on Bitcoin price modeling:<br/><br/>Bitcoin Price Modelling— An Alternative to Power Law <a href="https://medium.com/@renaudcuny/bitcoin-price-modelling-an-alternative-to-power-law-4f280a390974">https://medium.com/@renaudcuny/bitcoin-price-modelling-an-alternative-to-power-law-4f280a390974</a> 2024-06-08T16:28:22Z https://yabu.me/nevent1qqsv79kwfp0axc34p7vm95vtr56e9hxll8cz2hqyqq5wmq3lzc653tqzyppwlg9x63qyaa5jg6nl7s4ugp4hpxxc7fgqssqmht78m3vs2k0u283u0yy How scarce is bitcoin?<br/><br/><a href="https://www.linkedin.com/posts/renaud-cuny_bitcoin-blockchain-activity-7201550385939931136-S6qC?utm_source=share&amp;utm_medium=member_ios">https://www.linkedin.com/posts/renaud-cuny_bitcoin-blockchain-activity-7201550385939931136-S6qC?utm_source=share&amp;utm_medium=member_ios</a> 2024-05-29T19:43:41Z https://yabu.me/nevent1qqspthtmyj372eh5k6n3hkm3q00gexnwtwxrxn2tc0taepvhuqm6htczyppwlg9x63qyaa5jg6nl7s4ugp4hpxxc7fgqssqmht78m3vs2k0u2mjzllg How I see #bitcoin this year:<br/>- $80k by August <br/>- $150k by December (assuming bull run starts in fall) 2024-05-06T17:18:12Z https://yabu.me/nevent1qqsxyah9vymwml5c62cwlnqzsx06gtywquxt6nc7nep3mtur4ajcdvgzyppwlg9x63qyaa5jg6nl7s4ugp4hpxxc7fgqssqmht78m3vs2k0u2zl4nzw In reply to <a href='/nevent1qqs89g9ycp5kgpuuhnz4tw2ezuqzwx49xz8e6w8k6fpwf2pwsp0v0jgqmtwt0'>nevent1q…twt0</a><br/>_________________________<br/><br/>So true. I find it harder than it seems 2024-04-09T12:16:32Z https://yabu.me/nevent1qqsqv0rklhskw72f479yu3pmvvm9mey8a6he2wg6j2g4etanugxjwzqzyppwlg9x63qyaa5jg6nl7s4ugp4hpxxc7fgqssqmht78m3vs2k0u2dlvj4d In reply to <a href='/nevent1qqsqqqj9w53sjrr4e5d8q9su7gxptvscph60ma6m6wpcv4mdh7ldygqle9hl6'>nevent1q…9hl6</a><br/>_________________________<br/><br/>Hi everyone, I’m new here… 2024-03-15T10:44:16Z