lmecir

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User for 2 years | Last online 12 minutes ago (show activity)

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@lmecir · 2 years ago

Efficiency of bitcoin

The notion of efficiency Efficiency is measured as the ratio of useful output to total input, which can be expressed with the mathematical formula r = P / C , where r is the efficiency, P is the...

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@lmecir · 2 years ago

Amendment to the Calculation section of the Bitcoin white paper

Finding out that there are some missing aspects in the Calculation section of the Bitcoin white paper, I wrote an article on it. The article contains several formulae, which forced me to write it in T...

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@lmecir · 2 years ago

What is bitcoin?

Introduction Publicly introduced in 2008 and existing since 2009, bitcoin is still quite new. While many articles and books on bitcoin exist, the characterizations of bitcoin their authors offer are...

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@lmecir · 2 years ago

The cost basis of split coins

Introduction How to calculate the cost basis of coins coming from a split? Example calculation - bitcoin split on 1 August 2017 On 1 August 2017, 1 bitcoin split to 1 BTC and 1 BCH. On that date, t...

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@lmecir · 2 years ago

Selected Bitcoin Cash statistics

The closing date of this article update is 31 March 2024. Daily volume A plot of daily volume in US dollars. In the plot, the maximal daily volume is $46,739,211,410. The minimal daily volume is $...

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