Data Science

Surfing the HODL Waves: 2020 Review
Data from Bitcoin’s UTXO distribution contains many signals about market behavior. We review the sentiment of bitcoin holders in 2020.

Bitcoin Data Science (Pt. 3): Dust & Thermodynamics
There are a lot of dusty UTXOs which together contain very little dusty BTC. While there are some solutions, dust is like waste heat; it can be managed but never eliminated.

Bitcoin Data Science (Pt. 2): The Geology of Lost Coins
We delve through the deep history of the Bitcoin blockchain, investigating its earliest strata, and unearthing lost coins from its carboniferous period.

Bitcoin Data Science (Pt. 1): HODL Waves
Data from Bitcoin’s UTXO distribution contains many signals about market behavior. We plot the age of the UTXO distribution over time to show how new cohorts of investors enter and exit the market.
