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  <title>PARALLAX — findings</title>
  <link>https://parallaxbtc.com/</link>
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  <description>Verifiable Bitcoin research from a self-hosted full archival node. Two views, one true measurement. Free findings in full; sealed datasets optional.</description>
  <language>en</language>
  <lastBuildDate>Thu, 30 Jul 2026 12:00:00 GMT</lastBuildDate>
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    <title>Nonce Archaeology: Bitcoin's hardware history in a number nobody looks at</title>
    <link>https://parallaxbtc.com/findings/nonce-archaeology.html</link>
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    <pubDate>Thu, 30 Jul 2026 01:00:00 GMT</pubDate>
    <description>The luckiest block ever mined needed 1,082 tries. In 2010 the mean winning nonce fell to 0.122 of the range midpoint, with 96.33% of winners in the bottom half, because the original client counted upward from zero and a CPU never reached the rest of the space. It returns to uniform at height 90,000 - the arrival of GPU mining, datable from a field nobody was recording. A fainter deviation is measurable today and is pool-dependent: F2Pool 24.2 sigma against MARA at -0.9 in the same months, which places the cause in equipment rather than protocol. Includes a published retraction: a claimed universal octile depletion was a rounding artefact and does not exist.</description>
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    <title>The Scaling War: Bitcoin's governance history in one 4-byte field</title>
    <link>https://parallaxbtc.com/findings/scaling-war.html</link>
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    <pubDate>Thu, 30 Jul 2026 00:00:00 GMT</pubDate>
    <description>Bitcoin XT signalled 41 blocks in total against a 75% threshold. Bitcoin Classic peaked at 5.41%, 77% of it from two pools. SegWit sat pinned between 24 and 36% for seven months where CSV went start-to-finish in three. Taproot locked in 41 days, then its bit decayed for five years and is still set in ~2% of blocks. Read from 960,044 blocks on our own node.</description>
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    <title>The Sleeping Fleet: 1,704,022 BTC that has never moved</title>
    <link>https://parallaxbtc.com/findings/sleeping-fleet.html</link>
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    <pubDate>Wed, 29 Jul 2026 00:00:00 GMT</pubDate>
    <description>Every Satoshi-era mining reward classified coin by coin. 34,185 of 196,479 outputs have never been spent; 157,766 departures dated to the block. Includes the outpoint-level trap that makes script-level analysis silently wrong.</description>
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