I just published "The Yin and Yang of Bitcoin", second part of a series about Bitcoin's PoW. medium.com/@laurentmt/the-yin-

TL/DR: In which we discuss the influence of hodling and mining over the efficiency of Bitcoin's PoW.

TL/DR (bis): In which the analysis of a new metrics leads us to an encounter with the Hold Waves.

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TL/DR (ter): In which we discuss the strange case of 2 hypothetical forks of Bitcoin: Bitcoin Steroid and Bitcoin Arctic.

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