Bitcoin Nonce Exhaustion and Extra-Nonce Mining Explained
Bitcoin's 32-bit nonce space runs dry in under a second. Miners extend the search through the coinbase extra-nonce, the exact mechanism, worked through.
№ 002MiningMining Revenue Smoothing and Miner Behavior
Revenue smoothing products transfer difficulty risk from miners to counterparty desks, reshaping hashrate dynamics and who stays online through tough epochs.
№ 003MiningBitcoin Mining Difficulty Falls 10% in Sharp 2026 Drop
Bitcoin mining difficulty fell roughly 10% in the second-largest downward adjustment of 2026. What the move tells us about hashrate and miner stress.