Ep22: Miner Capitulation & UNCOMMON GOODS

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!

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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

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