A Mining Company Reports Results: What Is Worth Reading
Miner results are the closest thing to a public window on Bitcoin's security budget. The headline figures are usually the least useful part.
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Miner results are the closest thing to a public window on Bitcoin's security budget. The headline figures are usually the least useful part.
Attestation, examination and audit are different engagements with different levels of assurance. The word used in the press release is often the…
Fee spikes are reported as congestion or as distress. They are an auction for a fixed quantity of block space, and the bidders are not always who the…
Round numbers generate coverage in proportion to their digits rather than their significance. A threshold is a base-ten artefact, not a property of…
Vulnerability headlines rarely distinguish between a flaw in the protocol, in one implementation, in a wallet, or in a service. The four have…
A filing is a request, not a permission. Anyone eligible can submit one, and submission implies nothing about approval, timing, or eventual demand.
Tax guidance is where vague crypto policy becomes specific and personal. The classification chosen upstream determines almost everything downstream.
Public Lightning capacity is a measure of how much Bitcoin is committed to visible channels. It is not payment volume, and it is not the whole…
Whale-movement alerts are among the most-shared and least-informative on-chain stories. A transfer shows that coins moved. It does not show who moved…
Protocol change stories are usually written as politics. The mechanics are stricter than the coverage suggests, and most proposals never activate.
Most merchant-acceptance announcements describe a settlement arrangement in which no merchant ever holds Bitcoin and no customer needs to.
Sovereign reserve announcements are written to sound settled. Most are a statement of intent with no custody arrangement, no purchase, and no legal…