Cheer up bro. We all got a number.

Wow a 4 MB block is mined today first time in Bitcoin history... I don't know how that happened but does not seem right.

There must be something missing here, What if someone tries to add much larger jpeg. Can it be exploited?

https://www.reddit.com/r/Bitcoin/comments/10r6t1l/the_first_4_mb_block_in_bitcoin_history_mined_by/

Hyy i hope you are doing well.
 :)Money matters to happiness, perhaps more so than previously thought, according to new research. One potential reason: Higher earners feel an increased sense of control over life.

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I must be a pretty damn lucky blindfolded dart-throwing sorcerer, since price did break $24k... A new AYH, no? And then it dropped a little and is now hovering just under it. What's new?

Nope, no sorcery, luck or the Fed ( ), just this little math thingie:



Sure, this is so localized it may well be Fed-or-whatever-else-induced noise, but it's still fun to comment on and attempt to predict such UPpities...

UK interest rates to 4%

It may not sound like much but with most of the economy being used to near zero rates for over a decade I doubt this will work out well for the economy over the next few years.

I see two outcomes:
1. The higher interest rates will continue to slow down the economy hugely, a downturn in the housing market (which is already happening) with prices going down 30% (price effects are minimal at the moment with many people holding out but eventually things will shift). Rates will thus be cut pretty soon and possibly down back to 0.5% within 2 years. Inflation hopefully disappears and we may even see deflation.

2. People will weather the storm to a certain extent but will expect massive pay increases (we are still having many strikes in the UK). With layoffs in the tech sector especially I can't see this happening but IF salaries do increase inflation will simply not go away and in turn we would need even higher interest rates.


It will be interesting to see if further global events will cause even more problems: Russia either destroying Ukraine completely or giving up. The latter I can't see happening no matter how much the west wants that. Maybe things will escalate even further and give China ideas with Taiwan. China energy demand (due to reopening) leading to higher oil prices.

Does this formula have any other meaning than the result is 21*10⁶? Which is, of course, a great number.

So for i =0 I get 10500000 as a result. For i=1 I get 5250000 and so on. So does e.g. 10500000 have any meaning or can anyone continue working with the numbers this formula? For example make a formula to calculate the mined bitcoin per year?

It would be great if I could scribble all over the blackboards at school. 



Any maths professionals here?