@KarmaCpu Great question. As it converges to the power law mean, volatility diminishes.
Bitcoin is maturing into money as a constant. When it was younger, with smaller supply, price was more volatile
This is a deep topic in mathematics and physics. 👇 good video
https://t.co/OKdA3YI3ew
El Capitan supercomputer at the DOE is the world’s fastest at nearly 2 Exaflops.
I assume 3 Exaops for integer and bitwise work.
From our @OrionX_net forthcoming 16th cryptosuper report:
“How about Bitcoin’s doubled SHA-256 algorithm? It is about 75% bitwise logic and 25% 32-bit integer. Adopting generously 3 Exaops peak, and noting there are 1600 ops approximately in the the double SHA-256 hashing round, we are looking at less than 2 Petahashes/sec. This is comparable to only 2 to 4 ASIC mining rigs ..”
@CryptoCloaks Ok...I have two giving the "asic status: count 0" error.
Chips look good, new thermal paste on. Still nothing.
How far we digging into these?
🚨 NEW VIDEO 🚨
The Bitcoin Power Law Points to $300,000 w/ Dr. Stephen Perrenod
@moneyordebt explains why bitcoin has only seen one clean four-year cycle, how log periodicity stretches the gaps between bubbles, and why his power law model points higher from here.