The Nakamoto Observatory
LIVE
built by
ken
block height
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Total number of blocks mined so far. Each block adds ~1MB of transactions to the blockchain and mints new BTC.
price (usd)
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Bitcoin price in USD.
mempool txs
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Unconfirmed transactions waiting in the mempool.
fee (sat/vb)
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Median feerate in the latest block.
hashrate (eh/s)
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Network mining power in exahashes per second.
current supply
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Total BTC mined so far. Capped at 21,000,000.
inflation rate
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hash function
SHA-256
Bitcoin uses SHA-256 (NSA, 2001) for proof-of-work. Part of the SHA-2 family standardized in FIPS 180-2.
mempool gossip
24h price
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monetary analysis
M2 & Bitcoin Supply
Hashrate
ln(M₂) = a + b·t
bitcoin supply
m2 money supply
m2 regression (model)
short-term price forecast
methodology
r = α + β₁·mom₃ + β₂·mom₆ + β₃·mom₁₂ + β₄·cycle + β₅·Δln(M₂) + β₆·gap
Forecasts the monthly return from momentum (3/6/12-month), position in the 4-year halving cycle, M2 money-supply growth, and the gap to a rolling M2 fair-value line.
btc price (actual)
btc price forecast
95% confidence band