Clark Moody’s Bitcoin Dashboard is The Ultimate BTC Analysis Tool

We walk a fine line between the amount of information that we can process and the depth of data we need to make good decisions. When it comes to Bitcoin prices, the overload can quickly lead to paralysis by analysis. That is where Clark Moody’s Bitcoin Dashboard comes in.

You might think that Coinmarketcap along with your charting tools would be good enough to understand on which side of the market you should be. But if you think these tools will allow you to assess how Bitcoin prices are going to break, you must take a look at this Bitcoin dashboard first.

Clark Moody Bitcoin Dashboard: Fundamentals on Steroids!

The first and most refreshing aspect of this Bitcoin dashboard is that there are no charts to look at. Clark Moody Bitcoin Dashboard is all about fundamentals.

This is a critical component that not enough Bitcoin users look at. Nowadays this is especially true, since the technical analysts took over the space.

Both traders and hodlers can use all the information in this Bitcoin dashboard provides. So you don’t have to be a technical analyst to use it. But you will be able to take advantage of the fundamentals that technical analysts often overlook.

What can you See on this Bitcoin Dashboard?

To give you a sense of what you will be seeing on Clark Moody’s Bitcoin Dashboard, it is necessary to break the information down by section. The Bitcoin dashboard is organized that way, and these are the sections that you will see:

  • Markets
  • Blockchain
  • Bitcoin Network
  • Lightning Network (Public)
  • Bitfinex Lightning Node
  • Transactions
  • Chain Security
  • Mining
  • Mining Economics
  • Halvings
  • Mempool
  • Predicted Next Block
  • Fee Estimates
  • Economics
  • Stock-To-Flow (S2F)
  • Output Type Usage (90 days)
  • Rare Output Types (90 days)
  • Future Supply

Let’s explore the data within each section to understand how you can use it regardless of how you view Bitcoin.

Markets

Clark Moody Bitcoin Dashboard Markets
Bitcoin price is the first market indicator most people want to see.

This section is pretty self-explanatory. It includes the following data:

  • Price – Bitcoin price, updated every second or two
  • Sats per dollar – a great feature that we don’t see often enough in the space. It gives you the price of one dollar in Satoshis, Bitcoin’s smallest denomination
  • Market Capitalization – what Bitcoin as a whole is worth in USD
  • GBTC Premium – how far above or below market value is the public security that tracks Bitcoin prices traded

Blockchain

Clark Moody Bitcoin Dashboard Blockchain
Basic blockchain information is crucial on a versatile Bitcoin dashboard.

Data about some Bitcoin’s most fundamental information, which include:

  • Block height – the updated number of blocks in Bitcoin’s blockchain
  • Money supply – how much Bitcoin has been mined in total 
  • Percentage issued – how much of the maximum amount of BTC has already been issued
  • UTXO set size – the number of unspent transaction outputs that have been accumulated so far throughout the network
  • 1 Year average block time – Target block time is 10 minutes, but in practice, this can take longer or even less time. This is the average time that it has taken to hash each new block throughout the last year
  • Chain size – how much memory your computer needs to store a full copy of the blockchain
  • OP_RETURN data – disk space required for data outputs

Bitcoin Network

Clark Moody Bitcoin Dashboard Bitcoin Network
Bitcoin Network information is important to establish the level of decentralization.

Provides a basic assessment on nodes, including:

  • Reachable Bitcoin nodes – an estimate on the number of full nodes that comprise the Bitcoin network
  • Bitcoin Tor nodes – the number of nodes that can be reached through Tor
  • Percentage Tor nodes – a percentage of all nodes that can be reached through Tor out of the total

Lightning Network (Public)

Clark Moody Bitcoin Dashboard Lightning Network
Lightning Network metrics will become essential as Bitcoin adoption increases

LN is one of the most exciting new developments in the space. Bitcoin users can use this network as a layer-2 system thanks to SegWit. Here is more information on how the Lightning Network works

These dashboard metrics keep tabs on basic Lightning Network functions, like:

  • Total capacity – the amount of Bitcoin in public Lightning Network channels
  • Capacity value – how much is all the BTC in the Lightning Network worth
  • Total nodes – number of active nodes visible within LN
  • Total channels – the number of payment channels visible to a node in LN
  • Tor capacity – just like total capacity, this metric gives you the amount of Bitcoin in channels in which there is at least one Tor node
  • Percentage Tor capacity – the percentage of BTC amounts that are on Lightning Network channels that have at least one Tor node

Bitfinex Lightning Node

Bitfinex Lightning Node Data
Traders usually find information from Bitfinex very useful.

This section is all about the information available about Bitfinex’s Lightning node, which includes:

  • Inbound capacity – amount of Bitcoin on the peer side of Bitfinex Lightning Network channels
  • Outbound capacity – the quantity of BT on the exchange side of Bitfinex Lightning Network channels
  • Bitfinex channels – number of Lightning Network channels visible to the Bitfinex node

Transactions

Clark Moody Bitcoin Dashboard Transactions
Bitcoin transaction capacity is still at the core of the scaling debate.

Coming back to Bitcoin’s blockchain, these metrics show useful transaction information, such as:

  • Total all time – total number of transactions made on Bitcoin’s blockchain
  • Rate 30 days – average transaction rates over the last 30 days measured according to transactions per second
  • Count 30 days – number of transactions confirmed over the last 30 days

Chain Security

Bitcoin Chain Security Data
How costly is it to launch a 51% attack? The hash rate will help you to calculate.

Many take this set of data for granted. It shows you how strong security is on the Bitcoin network – resistance to attacks by overwhelming network mining power and the incentive to do so for example. Here are the metrics:

  • Hash rate 90 days – estimated total network hash rate over the last quarter
  • Chain work – Base-2 logarithm of the total number of hashes performed to reach the current blockchain tip
  • Chain rewrite days – the number of days that it would take to perform the total amount of hashes on the entire network considering the current hash rate
  • Annual mining revenue – total estimated revenue for miners over a year given current prices

Mining

Basic Bitcoin Mining Metrics
If you are thinking about plugging your old Bitcoin mining equipment in…

Switching gears to mining, this section shows the following:

  • Hash rate 2016 blocks – estimated hash rate over the last difficulty adjustment period (mining difficulty adjusts every 2016 blocks, which is approximately every 2 weeks)
  • Difficulty – the threshold for mining proof of work (PoW)
  • Last difficulty change – a percentage that shows how much difficulty increased or decreased by over the last difficulty adjustment period
  • Difficulty epoch – shows the number of times mining difficulty has adjusted on the network so far
  • Blocks to adjustment – the number of blocks that need to be added to the blockchain before the next difficulty adjustment
  • Next adjustment – an estimated date on which the next difficulty adjustment will occur (the estimate is accurate)
  • Block time this period – the time it has taken on average to add a new block to the blockchain during the current difficulty epoch

Mining Economics

Clark Moody Mining Economics
Or if you are thinking about buying new Bitcoin mining equipment…

In depth information about the economics of mining, which includes:

  • Block subsidy – the current mining reward that comes with each new block (this doesn’t include transaction fees)
  • Block subsidy value – the dollar equivalent of the current mining reward considering the current Bitcoin price
  • Daily PHash/s revenue – given current prices, the expected revenue per peta hash/s expressed in Satoshis
  • Daily PHash/s value – the dollar equivalent of the currently expected revenue per peta hash/s of mining power given current Bitcoin price
  • Average fees per block – an average of total transaction fees that a miner can earn per block over the last difficulty epoch
  • Average fees vs subsidy – the ratio of fees to mining subsidy (fees + subsidy = total mining rewards per block)

Halvings

Clark Moody Bitcoin Halving Information
This is what you want to show those who ask you when is the next Bitcoin halving.

One of the most influential supply side characteristics that analysts expect will have an effect on Bitcoin price. Each halving constrains new Bitcoin supply through a reduction in block subsidies. This section shows the following information:

  • Subsidy epoch – also referred to as halving period, this number shows the subsidy era we are currently in (to find out how many times Bitcoin mining subsidies have halved before, just take this number and subtract 1)
  • Blocks to halving – number of blocks left to reach the next Bitcoin halving which is the 210,000-block mark since the last halving
  • Halving estimate – the date on which Bitcoin halving is estimated to happen. This calculation is somewhat accurate, and it becomes more precise as we get closer to the 210,000-block mark since the last halving

Mempool

Clark Moody Mempool Metrics
Sending coins to the exchange when BTC price changes can be a challenge if the mempool is too saturated. Thanks to this Bitcoin dashboard it is easy to keep an eye on that.

Another aspect of Bitcoin that not many people usually follow. The mempool is where unconfirmed transactions accumulate until a miner picks them up and time stamps them. Here is the data that this section includes:

  • Transactions – transactions that haven’t been picked up by miners yet. This number shows the backlog of Bitcoin transactions
  • Percentage RBF – a percentage of transactions signaling BIP 125, which allows nodes to replace the transaction with another one that spends the unconfirmed transaction’s inputs, either partially or as a whole. This allows users to accelerate transactions by hiking the fee
  • vSize – memory size of the mempool, or the virtual memory that all the backlog of transaction inputs takes up
  • Blocks to clear – an estimate of the number of blocks needed to clear all the transaction backlog in the mempool
  • Pending fees – the total amount of BTC fees attached to unconfirmed transactions that are in the mempool right now
  • Pending fees value – the dollar equivalent of total fees attached to pending transactions in the mempool
  • Time since last block – the time that has elapsed since the last block was found

Predicted Next Block

Clark Moody Predicted Next Block
What happens inside a block? This Bitcoin dashboard provides a pretty good summary.

This section gives information about estimates for the next block based on information from the mempool. This is the data that this section contains:

  • Transactions – estimated number of transactions to be included in the next block
  • Output – total Bitcoin output amounts estimated to be included in the next block
  • Output value – the dollar equivalent of estimated output amounts
  • Reward – total Bitcoin reward (subsidy + fees) estimated to be included in the next block 
  • Reward value – the dollar equivalent of the Bitcoin reward for the next block
  • Fees vs subsidy – the ratio of fees to mining subsidy (fees + subsidy = total mining rewards per block) to be included in the next block
  • Median fee – estimated median fee for the next block (the median is the number that splits the value of all the fees down the middle)

Fee Estimates

Clark Moody Bitcoin Dashboard Fee Estimates
How much should you be paying for a low or high priority transaction?

Knowing how much to pay for your transaction fees is crucial if you deal with a high volume of transactions or if you want to save a little money.

This section gives you the information you need to estimate which kind of fee to attach to your transaction. Here is the data you will see in this section:

  • Immediate – the fee level you should attach to your transaction to prompt miners to confirm it immediately
  • Hour – an estimated fee level needed to have miners confirm your transaction up within an hour of broadcasting it
  • Day – the fee level that is estimated to get miners to confirm your transaction within a day
  • Week – a fee level estimated to prompt miners to confirm your transaction within the next week

Economics

Bitcoin economics are also overlooked often in an environment dominated by technical analysis and speculation. These fundamentals will help you understand what is happening with the basic economic dynamics of Bitcoin:

  • Realized monetary inflation – increase of Bitcoin supply over the last 365 days as a percentage of circulating supply
  • Forward monetary inflation – projected increase in money supply over the next year
  • Velocity of money – the turnover of money over the last year. You can calculate this number when you divide all transaction outputs by money supply
  • Daily value throughput – the dollar equivalent of the transaction outputs processed over the last difficulty epoch

Stock-to-Flow (S2F)

Analysts measure scarcity with Stock to flow models. They basically take the amount of a good or commodity that has already been produced or mined and is therefore stockpiled and divide it by the number of units being produced or mined now.

This ratio gives investors a sense about the scarcity levels in the sector or market. Here is the stock-to-flow data that Moody presents on the dashboard:

  • Realized stock-to-flow ratio – the amount of Bitcoin that was in the system during the last year divided by the supply that has been added (the higher the number, the scarcer Bitcoin is)
  • S2F price – Bitcoin price calculated according to the stock to flow model, or what Bitcoin prices should be if they stuck to stock to flow dynamics 
  • Forward stock-to-flow ratio – existing amount of Bitcoin in the network divided by how much the supply is estimated to increase

Output Type Usage (90 Days)

How are transaction outputs classified and which are the conditions that must be satisfied to spend them?

This section shows you the distribution of Bitcoin transaction outputs according to the script that must be satisfied to spend them subsequently. The data in this section is quite technical, so we hope our explanation is helpful:

  • Pubkey hash – pay to pubkey addresses (P2PHK). These addresses start with the number 1 and each represents a single public key
  • Script hash – pay to script hash (P2SH). These are more flexible and are associated with addresses that start with 3. They include multi signature (multisig) set ups
  • SegWit v0 Pubkey Hash – Pay to Witness Pubkey Hash (P2WPKH). These are associated with SegWit and behave in a similar manner to P2PHK. Their public addresses usually start with bc1q
  • SegWit v0 Script Hash – Pay to Witness Script Hash (P2WSH). Version 0 segregated witness (SegWit) addresses that behave like P2SH. These addresses also start with bc1q

Rare Output Types (90 Days)  

More technical data to complement the segment above. Here is the data you can expect to see in this segment:

  • Bare multisig – P2MS outputs. These declare the public key and threshold required to sign within the output
  • Non-standard – non-standard outputs which do not fit into any other one of the categories
  • Pubkey – P2PK which are bare elliptic curve outputs
  • SegWit unknown version – these are outputs with witness programs that have a non-zero script version. Version 1 scripts start with bc1p

A Comprehensive Set of Data On the Same Bitcoin Dashboard to Evaluate Price

There you have it. The Clark Moody Bitcoin Dashboard gives you all this information on a single frame on your desktop browser. The data is also updated second by second and you can consult what each section and each subset within each section is all about.

You can also organize it however you see fit and if you think the default version produces too much of a cognitive overload, feel free to hide the sections you don’t need. 

Now that you know everything about this bitcoin dashboard, you will be able to complement your BTC price predictions or support your conclusions with additional fundamental data. Just remember to keep your assumptions in check.