Blockspace Tech

Ep22: Miner Capitulation & UNCOMMON GOODS


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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!


Enjoy the show? Check out our website and newsletter!


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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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