Peter Scoolidge retweeted
📊 Bitcoin fell below $84,000 as Iran's tanker attacks pushed oil above $100. Since 2022, $BTC has closed higher on the day of 44 of 71 separate 3% jumps in Brent. Today's 2 p.m. Fed minutes will test whether it holds the $82,300 that ETF buyers paid on average.
Peter Scoolidge retweeted
📊 Ethereum's Glamsterdam upgrade went live on its main test network Tuesday, with no mainnet date set. Ether has beaten Bitcoin between testnet and mainnet launch in only two of the last five upgrades. Glamsterdam's mainnet launch will settle whether $ETH breaks that pattern.
Peter Scoolidge retweeted
📊 Bitcoin has tended to fall on the days the Fed releases its meeting minutes. Since 2022, $BTC has closed higher on only 14 of 38 such days, with a median move of −1.1%. Wednesday's release, covering the Fed's first rate hike since 2023, will show whether that pattern holds.
Peter Scoolidge retweeted
📊 Nvidia is less than 1% from its first record close since May. The last four times $NVDA closed at a record after three months or more without one, it was higher a month later every time. Its next close above the May record of $235.74 will test whether that holds a fifth time.
Peter Scoolidge retweeted
📈 Bitcoin climbed after the US added just 29,000 jobs in September, about 60,000 short of forecasts. Since 2022, $BTC rose on only four of the nine reports that missed by 50,000 or more, and held the gain a week later twice. October 8's close will determine whether it lasts.
Peter Scoolidge retweeted
I used @ChatGPT Astra to create an app that lets you control your mac using only your voice and your eyes.
It leverages 100% local and open weight ai, including @nvidia parakeet and @trycua S1 (local Jev alternative), for transcribing and controlling your mac. It is insane how fast and accurate it is. 🤯
I use this app all day to switch between windows and agents I want to talk to. I rarely use my keyboard anymore to be honest.
Will share the link to the tool later. 👇
Peter Scoolidge retweeted
Every trader needs a partner.
Meet Stingray, your AI market analyst. Text it your take. It tests the idea against live data and finds the trade. Then it alerts you when it’s time to move.
Message Stingray: stingray.fi
Peter Scoolidge retweeted
When you’re out with friends then suddenly remember you roundtripped 7 figures in 2021 and 2024
Peter Scoolidge retweeted
When @AnthropicAI's strategy meets the X tech bubble... 😅
Peter Scoolidge retweeted
We’ve raised $1m in an oversubscribed round led by @pumpfun with participation from @foundationcap & @radiosolace to build the fastest prediction markets on any source with provable resolutions
Truth machines were not meant to be resolved by committees
Predict, Resolve, Claim
Peter Scoolidge retweeted
Rebar Labs is building Rebar Data to be your go-to spot for Bitcoin Analytics, Data, & everything Bitcoin
While Rebar Data is in Alpha, Rebar API is FREE to use
Once you're done checking out @Public_Pool_BTC 's block, mint an API key in your dashboard and start building
data.rebarlabs.io/block/0000…
Peter Scoolidge retweeted
Rebar API is now live!
While Rebar Data is in Alpha, create a 🆓 complementary API key in your Dashboard
One endpoint. All of Bitcoin
Peter Scoolidge retweeted
Rebar Labs Research has been covering the Bitcoin mining & energy relationship since the summer:
Energy costs have emerged as the dominant operational expense, with mining profitability highly sensitive to electricity price fluctuations. This economic reality compels miners to relocate operations based on energy availability, creating a global arbitrage market for the cheapest, most reliable power sources.
Simultaneously, Bitcoin's protocol mechanisms systematically reduce nominal BTC block rewards over time, forcing the mining industry to evolve beyond traditional revenue models if the growth of Bitcoin's value does not outpace the dwindling block rewards through 2140. Today, only ~5% of Bitcoin is left to be mined, with 19.5M/21M $BTC in circulation
Rebar Labs recognized this market opportunity and developed Rebar Shield to create direct channels between users requiring MEV protection and mining pools seeking additional revenue.
This infrastructure unlocks a new mining business model 🛡️⛏️
In the past 7 days, $BTC has dropped more than 11% , currently trading below $86K.
Estimated with $86K/BTC and $0.06/kWh, mining machines with unit power of 25.4 W/T or higher are now running at a loss.
Check out the full list here: f2pool.com/miners?currency_c…
Peter Scoolidge retweeted
Finding new revenue streams for Miners is a priority for @RebarLabs
We are pioneering the future with Rebar Shield adding an additional revenue stream to the Bitcoin mining business model
We illuminated the energy relationship this summer when we published Bitcoin Mining's Economic Evolution: From Energy Arbitrage to Revenue Diversification:
Bitcoin mining operates fundamentally as an energy conversion business, transforming electricity into digital assets through a precise business-economic equation: (Bitcoin Mined × Price) - (Energy Cost + Capital Expenses + Operational Costs). This formula reveals why mining operations demonstrate extreme sensitivity to energy prices, with differences of merely 1-2 cents per kilowatt-hour determining operational viability depending on the price of Bitcoin.
As rewards nominally diminish as a function of the Bitcoin economic protocol itself, Rebar Labs offers Rebar Shield for Miners to charge a fee for direct-to-miner transactions that bypass the public mempool
Stay Shielded, and see it all unfold on data.rebarlabs.io
As $BTC falls below $100K, down 6% in the past 24 hours, mining revenue is under pressure.
At $0.06/kWh, mining machines with a unit power of 27.5 W/T are now running near breakeven around $97K/BTC.
View the full list here: f2pool.com/miners?currency_c…
Peter Scoolidge retweeted
Rebar Data now shows which mining pool won each Bitcoin block ⛏️
Every block displays the mining pool that secured it. Click any block to see the miner, details, and statistics
Complete mining transparency, block by block
Peter Scoolidge retweeted
The alpha🏃♂️
Good things happen when Rebar Labs and Subfrost get together
🛡️❄️🛡️
Day 6, great call with the @RebarLabs team yesterday (only said you have 2 products but I think it’s like 4) - go check them out! Also - another peacock 🦚
