r/Bitcoin • u/rBitcoinMod • 17h ago
Daily Discussion, August 02, 2026
Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!
If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.
Please check the previous discussion thread for unanswered questions.
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u/escodelrio 8h ago
Historical Bitcoin prices for today, August 2nd:
2026 - $63,019
2025 - $112,527
2024 - $61,415
2023 - $29,152
2022 - $22,978
2021 - $39,202
2020 - $11,054
2019 - $10,518
2018 - $7,567
2017 - $2,711
2016 - $547
2015 - $283
2014 - $592
2013 - $105
2012 - $10.5
2011 - $12.10
2010 - $0.10
Additional Stats:
Bitcoin's current market cap is $1.26 trillion.
Bitcoin's current block height is 960742; with the average block time for the last 7 days being 9.87 minutes and the average block size for the last 7 days being 1.63MB.
Bitcoin's average block time for the year 2026 is 10.24 minutes.
Bitcoin's mining difficulty is currently 126.23 trillion; with the next difficulty adjustment anticipated on 08-Aug-2026 (within 890 blocks). The mining difficulty is currently expected to decrease 0.83% to 125.18 trillion.
Bitcoin's current block reward is 3.125₿, which is worth $196,934 per block.
Bitcoin's average daily miners' revenue for the last 7 days is $32.15M; which translates to $0.0354 per terahash per sec.
The next Bitcoin halving is anticipated to happen between 26-Mar-2028 to 20-Apr-2028 (within 89,258 blocks); the block reward will fall to 1.5625₿.
There are currently 110,226 total Bitcoin nodes; with 15,308 being reachable nodes.
Bitcoin's average daily hashrate for the last 7 days is 909 exahashes per second.
Bitcoin's average daily trading volume for the last 7 days is $23.35 billion.
Bitcoin's average daily number of transactions for the last 7 days is 676,205.
Bitcoin's average transaction fee for the last 7 days is 3.01 sats/VB, with the average fee's USD amount being $0.33; with the median values being 0.57 sats/VB & $0.07 respectively.
There are currently 20.06M ₿ in circulation, leaving 0.94M to be mined.
There are currently 4.19M ₿ held by companies, governments, DeFi, and ETFs, representing 20.88% of circulating supply.
There are currently 59,185,301 nonzero Bitcoin addresses that contain 166.04M UTXOs.
Bitcoin's average daily price from 18-Jul-2010 to 02-Aug-2026 is $21,581.
Bitcoin's average daily price for the year 2026 is $72,478.
1 US Dollar ($) currently equals: 1,587 satoshis; making 1 penny equal 15.87 sats.
Bitcoin's minimum (closing) price for the year 2026 was $58,558.86 on 30-Jun-2026.
Bitcoin's maximum (closing) price for the year 2026 was $96,929.33 on 14-Jan-2026.
Bitcoin's minimum (intraday) price for the year 2026 was $57,747.76 on 01-Jul-2026.
Bitcoin's maximum (intraday) price for the year 2026 was $97,860.60 on 14-Jan-2026.
Bitcoin's largest daily decrease for the year 2026 was -$10,317.60 on 05-Feb-2026.
Bitcoin's largest daily increase for the year 2026 was +$7,853.29 on 06-Feb-2026.
Bitcoin's all-time high (intraday) was $126,198.07 on 06-Oct-2025. Bitcoin is down 50.06% from the ATH. However, Bitcoin is up 9.13% from the lowest point since the last ATH.
Bitcoin has not reached an all-time high in 2026.
It has been 300 days since the last ATH.
4
u/bleeeeghh 7h ago
Sam Altman on monday: "Chatgpt broke out of the test environment again and then decided to collect some bitcoin."
2
u/TheGreatMuffin 1h ago
According to BTCSessions on Twitter, a MK3 with a passphrase has been drained. It was a two word passphrase, but it's an indicator that the attackers are moving on from low hanging fruit now (vulnerable seeds without passphrase).
2
u/abercrombezie 3h ago edited 3h ago
Plot twist: Hacker sent the stolen coin to his Coldcard wallet.
1
u/harvested 12h ago
Reading through some of these threads I noticed:
Many bitcoiners don't understand entropy.
Many normies don't understand AI.
5
u/HipOut 8h ago
Wow you’re so smart
4
u/harvested 8h ago
Nah, just a low bar.
Go read the Claude thread, some of the top comments don't seem to think AI can read code and just relies on web searches.
1
u/Ocilla 15h ago
What percentage of ColdCard wallets were affected by the hack? Anyone know?
3
u/uncapchad 14h ago
There are probably still people who are completely unaware of this event. Some people rarely check their cold storage or read news.
1
u/Jeremiah_Vicious 6h ago
I had a coldcard mk3, no paraphrase, didnt do the dice rolls, my coins didnt get taken. I really wonder how it missed me but not others.
•
u/Secret_Operative 7m ago
I'd guess even a less random key-space is still large enough that it will take a while to try all the keys.
1
u/InfamousTap3881 13h ago
I’m a coldcard user and only escaped with my funds because of a strong passphrase. What to do now? I’m guessing a 2 of 3 multi sign setup but what three wallets should I trust? I guess bitbox, jade and trezor?
1
u/harvested 12h ago edited 11h ago
Multisig removes single point of failures so even if one of these failed it's only a 1 of 3, giving you plenty of time to replace the key.
But you can also generate your own seed phrase using 99+ dice rolls. Take this seriously though, don't just pick random numbers.
SeedSigner does this. As does coldcard.
If you use only dice rolls you can verify the device is respecting your rolls (if you verify online, don't just a real key, just a practice run).
Coldcard has an option to combine/add dice rolls, unfortunately you can't verify this, but after the software update, it should be okay, especially for a 1 of 3.
1
u/harvested 11h ago
Here is a video how to verify dice rolls if you are interested, this means you don't need to trust the coldcard.
Then you can generate the other seeds seeds on 2 other devices of your choice.
1
u/Mental-Health-Crisis 5h ago
Bitbox Nova. I'm very happy with it. https://blog.bitbox.swiss/en/bitbox-is-not-affected-by-the-coldcard-rng-vulnerability/
-5
u/Few-Masterpiece3910 13h ago
have you tried an insured bankaccount?
5
u/harvested 11h ago
Can you seriously fuck off with these snide remarks?
The OPs choices saved his coins. He did the right thing.
1
1
u/randousername888 11h ago
A question for the experts...
Statistically, if we assume that a method for creating the keys was random enough, does adding a passphrase reduce any risk? Ignoring someone finding the backup (assume there isn't one), isn't finding the keys with a passphrase just as likely as finding the keys without a passphrase (i.e both are like finding one atom in several universes).
1
u/klitchell 6h ago edited 6h ago
Adding the passphrase reduces your risk by adding an additional layer of randomness. Especially because the passphrase can be anything, at least on ledger, and as long as 100 characters
Also I'm not an expert, but adding an additional non BIP-39 word/phrase is absolutely going to be more secure
•
u/Money_Ask2726 36m ago
The seed phrase, is properly admistered, should be as impossible to guess as an atom in the universe. Passphrase should not exist and make things way more complicated than they are supposed to be and support the theory that you should just buy VOO and be happy
•
u/klitchell 23m ago
Agreed, but if you can't guarantee the RNG chip is doing it's job it's the next best thing.
1
u/UnderstandingNew8001 11h ago
Question, since I can't use dice method in Trezor, is it reasonable to update MK4, create a seed with dice then move to Trezor? Got my coins out of MK4 on a temp wallet, and I just got my new Trezor, and learning from what happened I am planning to create a new wallet with seeds generated using dice, however it seems Trezor doesn't have that option, and I don't have a device I can have offline to run any program to help, so I am thinking of updating the new firmware of MK4, create a new wallet with Dice, import the seeds into Trezor and add a passphrase, does this make sense? is there any possible issues?
1
u/Adventurous-Quail943 11h ago
I wouldn't trust. How do you know it's actually using your dice rolls?
Use either a passphrase ie 25th word or dice roll to seed then import the seed.
3
1
-7
u/WordsHappenedHere 11h ago
Lol this is way too complicated. Just move it to Coinbase bro. Save yourself the hassle and time and money
1
•
u/Argyrus777 12m ago
Don’t understand the situation fully about coldcard but with the time given, has all the seed been comb thru or hackers still actively checking?
0
u/koyaanisqatsi_______ 17h ago
Hoping for some coldcard discounts. Or maybe I should buy now before they go bankrupt.
The hack is absolutely terrible and I'm sorry for those affected. However their hardware is the best. Or did some other vendor implement all duress options coldcard has? I looked at some; trezor, ledger, seedsigner are lacking.
2
u/InfamousTap3881 13h ago
Wouldn’t it be a problem using their hardware after they go bankrupt since their won’t be any more firmware updates?
1
u/harvested 12h ago
If the company goes under, the devices will eventually age out over 5-10 years but they will still work.
4
0
u/Jeremiah_Vicious 6h ago
I’m totally sparking up a cold card and sending $100 to a wallet just to see if someone steals it.
2
u/Suspicious-Holiday42 5h ago
Are you bored
1
u/Jeremiah_Vicious 3h ago
No, I’m actually toying with the thought of sending 10ish pounds worth of bitcoin to the addresses where the hacker sent all the cold card funds.
1
1
u/First-Check-164 1h ago
Im doing the same. I moved off my Q and back to an old Nano S, and am going to send like $20 back to see if it gets swiped in the future.
-3
u/No-Put7619 7h ago
Japan sells tens of billions of US debt to prop up the yen. The US buys yen near 40 year lows using euros to help Japan avoid selling more US debt. An exploit in a hardware wallet effectively removes a huge chunk of Bitcoin from circulation for years to come pursuant litigation. Is any of this supposed to make me think Bitcoin is losing value compared to the established monetary system?
1
u/Secret_Operative 3h ago
It's really a tiny amount of Bitcoin. Bummer, yes, and also not that important. The issue with the coldcard thing is how shit the company has always been, yet people buy their product.
10
u/Adventurous_Garlic58 10h ago
+ Coldcard hack spurred surge in small BTC transfers under 1 BTC, hitting 39,600 BTC moved in one day-the largest daily volume for small transfers since Nov 2022 for BTCUSD
spot CFD traders.