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Independent, source-grounded write-ups on how the BTX chain actually works, what it can and cannot do, and how to verify any of it yourself. Facts over hype.
Nothing here is quietly rewritten after the fact. When an article's prediction resolves or a number goes stale, the original text stays as published and a dated postscript is added saying what actually happened.
14 articles newest Aug 22, 2026
The fork and after
5August 2026. BTX replaced its proof of work at block 185,000, the network stalled a week later, and it came back. Reported as it happened, with dated postscripts where a prediction has since resolved.
Mining BTX on a Mac: 30 Shares, Two Pools, and a 25x Difficulty Week
A Mac can mine BTX again. Here is exactly how fast, exactly what it earns, and every place we got it wrong on the way.
Why Nodes Get Stuck, and How to Tell If Yours Is
A node whose height stops moving is either perfectly healthy or badly stuck, and from the outside those look identical. Here is the number that separates them, and what to do about each. All times are UTC.
The Week the Chain Froze, and the Day It Came Back
On August 17 the network went from a frozen height to a block a minute in a single afternoon. Every claim below is a measurement, taken from our own production nodes or from the public engineering thread. All times are UTC.
The Day BTX Halted, a MacBook Kept the Chain's Memory. Field Notes.
Most machines can no longer verify BTX's proof-of-work themselves. They follow the chain through small signed confirmations, and this August the entire network's supply of those confirmations rested on one reachable server. We put a second source on an ordinary MacBook, measured everything, and then the network had its worst day so far. The MacBook worked. What we learned shipped the same evening as easyNode 0.6.10 and Keeper mode.
BTX Changes Its Proof-of-Work at Block 185,000: What MatMul v4.7 Actually Does
A hard fork at a fixed height turns mining from a lottery into a computation. Here is what the code says, what we measured, and what it costs.
Economics
4Supply and issuance, what mining actually pays, who holds the coins, and what a second layer would have to ship before it counted.
Can Two Layers Carry More Real Value Than Bitcoin's One? BTX's Reusable-Hardware Base and the EVX Finance Layer It Points At
Bitcoin secures sound money with a single, deliberately simple layer. BTX inherits that hard-money design but its matrix proof-of-work summons reusable, AI-capable hardware, and it points at a Layer-2, EVX, for institutional clearing and agent-native finance that settles onto a post-quantum base. We read the EVX whitepaper against the live base chain and label every capability by what it actually is today: live, testnet, or a design on paper. This is the honest version of 'more than one layer,' with the overclaims cut out.
Who Holds BTX? A Full On-Chain Census of Every Address
We dumped the entire BTX unspent-coin set from a full node and counted every address that holds a balance. Here is exactly who holds BTX, how concentrated it is, and how fast the holder base is growing.
BTX Mining Economics: Why Rewards Shrank in Coins but Grew in Value
From a near-zero genesis to 160 million nonces per second, BTX repriced itself fast. This is what that did to a miner's reward, in coins and in value, with nothing hidden. Measured in July 2026, before the MatMul v4.7 fork replaced nonces per second with episodes per minute.
Is BTX Inflationary? BTX and Bitcoin Are One Hard-Money Design at Different Ages
BTX mints 20 coins a block and Bitcoin only 3.125, so people assume BTX is inflationary. Look closer and they run on one identical rulebook, capped at 21 million, halving to zero. The difference is age, not kind, and it decides what any 'earn yield' offer can honestly be.
Network health
2What a full node costs to run, measured rather than estimated, and what one more computer does for a young chain.
Why Run a BTX Node? What One More Computer Actually Does for a Young Network
Mining gets the headlines, but nodes decide what the rules are. We ran a full BTX node from zero to the chain tip on an ordinary Mac, measured everything, crash-tested the shortcuts, and mapped the network it joined. This is what one more computer is actually worth to BTX, and what it could be worth if verified compute becomes part of the story.
What Does It Cost to Run a BTX Node? We Measured.
Mining is famous for burning power. Verifying is not mining. We measured a full BTX node on a Mac mini-class machine: roughly one CPU core during the heaviest catch-up phase, near-idle at the tip, and about as much electricity as a small LED bulb. What the network gets back is harder to price, and worth more.
Fundamentals
3How the chain works underneath: whether a coin can be faked, what the proof of work computes, and what a GPU is really doing while it mines.
Does BTX's Matrix Proof-of-Work Do Anything Useful? We Read the Spec and the Code
BTX's proof-of-work is real matrix multiplication, the operation AI accelerators are built for, running at about 16.5% overhead over a bare multiply on the MatMul v3 the chain ran when we measured it in July 2026. So is the mining useful work? We read BTX's own MatMul specification and its shipped node. Today the result is not consumed by anyone, for reasons that constrain every chain. But the design is deliberately one step away from changing that, and the fleet it builds already matters.
The Occupancy Gap: Why the Same GPU Could Mine BTX ~2.5x Faster (July 2026)
A BTX rig often left a third of its GPU idle. We benchmarked the gap on a stock RTX 3060, in nonces per second and watts, and explain the one lever that closed it. Measured in July 2026, before BTX changed its proof of work, so read the rates here as a record of the old engines rather than a current benchmark.
Can BTX Be Faked? Authenticity, Supply and Anti-Counterfeiting
Counterfeiting BTX is not possible without breaking consensus. Here is why, in precise terms, and how anyone can verify it.
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