BSV Intel the signal, daily
Edition 186
Saturday · September 5, 2026
BSV Network · 24 hours ending September 5, 09:24 UTC

Edition 186

Edited by Bridget Doran · Scanned 09:32 UTC, September 5 · Blocks 965,268 → 965,411 · 963,851 transactions
Largest move
$291K
17,284 BSV · whale tier
Avg block time
9.7min
near schedule
Throughput
12tx/s
peak 544 tx/s
BSV price
$16.85
▲ 1.5% · 24h

Reconstructed on 2026-09-25 from recovered and archived data. Some live network snapshots from the original edition could not be recovered.

№ 01 Chain Health

9 pools, on schedule

9 pools produced today's 144 blocks at an average interval of 9.7 min — on schedule relative to the 10-minute target.

6.3 min
Median interval
half the blocks faster
61
Fast blocks1
under 5 min
326,118 txs
Busiest block
block 965,340
Fast and slow blocks are an expected feature of Proof of Work, not a defect. Block timing follows a Poisson process (random spacing around a steady average), so clusters of fast or slow blocks happen even when hashrate is unchanged.
Block cadence · 144 blocks · 23.1h
Fast (<5 min) · 61 Normal · 66 Slow (>20 min) · 17
For the technical reader

Block timing. Mean interval 581.1 seconds (9.7 min) over 143 measured intervals across 144 blocks; median 376 seconds (6.3 min). Range 6 s to 3329 s (55.5 min).

Cadence. Average interval 9.7 min — on schedule relative to the 10-minute target. 9 pools produced today's blocks.

Largest block. Block 965,340 at 326,118 transactions, the peak load in the window. Avg tx/block across all 144 blocks was 6,693.

№ 03 Mining Distribution

9 pools produced today's 144 blocks

Mining-Dutch led at 26.4%. Distribution within normal range.

Mining-Dutch 26.4%
GorillaPool 14.6%
SA100 13.2%
qdlnk 11.8%
CUVVE 9.7%
taal.com 9%
Bitofsin 6.9%
Kryptex 4.9%
molepool.com 3.5%
For the technical reader

Pool identification is by coinbase signature; pools that don't sign or use unrecognized tags appear as untagged producers. The _Teranode suffix (e.g., taal.com_Teranode) marks blocks attributed to a pool running the Teranode node software — based on observable signals in the block data, not a formal protocol marker. GorillaPool.io may also be running a Teranode (observed in the Teranode explorer); when blocks become attributable to that node, they would appear with the suffix as well.

Block counts: Mining-Dutch 38, GorillaPool 21, SA100 19, qdlnk 17, CUVVE 14, taal.com 13, Bitofsin 10, Kryptex 7, molepool.com 5. 144 of 144 blocks identified.

№ 04 Capital Flow

144 movements crossed the chain

1 of them moved more than 10,000 BSV, a combined ~$291,229 at today's price.

1
Major
> 10K BSV
~$168,500+
24
Notable
1K – 10K BSV
~$16,850 – 168,500
119
Significant
100 – 1K BSV
~$1,685 – 16,850
Top movements
17,283.60BSV
≈ $291,229 4cddec8c12…
1 → 2 Neutral
5,856.60BSV
≈ $98,684 ab1457eabd…
2 → 2 Neutral
4,480.60BSV
≈ $75,498 79a2357ec0…
9 → 2 Consolidation
3,576.61BSV
≈ $60,266 b0d874b608…
1 → 2 Neutral
For the technical reader

Tier thresholds. Major > 10K BSV; Notable 1K – 10K BSV; Significant 100 – 1K BSV. Counts are unique transactions in the 24-hour window moving value within these bands; the 100-BSV floor excludes ordinary day-to-day payments.

Shape is input-count → output-count. Pattern is heuristic:

Neutral: typical payment shape (1→2 or 2→2, one payment + change).
Consolidation: many inputs, few outputs (UTXO cleanup or sweep).
Distribution: few inputs, many outputs (payouts, faucet, batch send).

№ 05 Address Intelligence

68 tracked addresses across 188 days

8 new addresses on the radar today. (what does this mean?)

New to the radar
1GwiEHFLau8oDn4AcS… 17,284 BSV First appearance
19XhnLZq7uhX1s2rob… 4,481 BSV First appearance
1PEK7FJaHVuKcMb9Pm… 3,577 BSV First appearance
Recurring addresses
Address Behavior Confidence Active
7,770,307 BSV · 375 txs
Exchange-Like High 03-04 → 09-05
4,983,289 BSV · 160 txs
Exchange-Like High 03-02 → 09-05
2,775,220 BSV · 133 txs
Exchange-Like High 03-02 → 08-19
813,873 BSV · 109 txs
Active Entity High 04-13 → 09-01
16,496,274 BSV · 106 txs
Exchange-Like High 03-08 → 09-04
How to read this

New to the radar flags addresses from today's top whale movements that have not appeared in any whale-tier transaction during the observation window. This could indicate a new large holder, a previously sub-threshold address crossing into whale territory, or a long-dormant address reactivating.

Recurring addresses are identified by tracking output scripts across all whale transactions (≥ 100 BSV) over the full 188-day observation window. An address appearing here has been involved in large-value movements on multiple separate days.

Behavior is based on whether an address predominantly receives (Accumulator), predominantly sends (Distributor), or does both in roughly equal measure (Exchange-Like).

Confidence reflects how many indicators align: transaction frequency, directional balance, and tier presence. High = 3+ indicators; Medium = 2; Low = 1.

All classifications are probabilistic. No identity or ownership claims are made. Addresses are derived from transaction output scripts.

№ 06 Throughput & Market
BSV / USD
$16.85
▲ 1.5% over 24h
Throughput, avg
12tx/s
peak 544 tx/s · 10-min window
Avg tx / block6,693
Max tx / block326,118
Total transactions963,851
10-min peak326,118
For the technical reader

TPS is computed over the 23.1 hours of the scan window in 10-minute intervals, not per block. The peak is the busiest 10-minute window observed (326,118 transactions, ≈ 544 tx/s for that window).

Price source: real-time quote at scan completion. 24h change is from a rolling 24-hour spot reference.

№ 07 Transaction Velocity

Activity by hour, across 25 hours

963,851 transactions mapped to 10-minute windows. The brightest cell is the busiest window of the day.

101316192201040710:00:10:20:30:40:5010:00 UTC — 0 txs10:10 UTC — 285 txs10:20 UTC — 933 txs10:30 UTC — 0 txs10:40 UTC — 1,561 txs10:50 UTC — 1,478 txs11:00 UTC — 0 txs11:10 UTC — 1,152 txs11:20 UTC — 816 txs11:30 UTC — 0 txs11:40 UTC — 0 txs11:50 UTC — 3,651 txs12:00 UTC — 0 txs12:10 UTC — 7,587 txs12:20 UTC — 19,894 txs12:30 UTC — 0 txs12:40 UTC — 1,835 txs12:50 UTC — 0 txs13:00 UTC — 2,403 txs13:10 UTC — 1,205 txs13:20 UTC — 1,183 txs13:30 UTC — 7 txs13:40 UTC — 1,708 txs13:50 UTC — 1,159 txs14:00 UTC — 177 txs14:10 UTC — 884 txs14:20 UTC — 1,527 txs14:30 UTC — 367 txs14:40 UTC — 0 txs14:50 UTC — 1,693 txs15:00 UTC — 271 txs15:10 UTC — 6,790 txs15:20 UTC — 0 txs15:30 UTC — 0 txs15:40 UTC — 0 txs15:50 UTC — 95,467 txs16:00 UTC — 1,995 txs16:10 UTC — 11 txs16:20 UTC — 1,951 txs16:30 UTC — 0 txs16:40 UTC — 1,494 txs16:50 UTC — 1,002 txs17:00 UTC — 0 txs17:10 UTC — 1,222 txs17:20 UTC — 0 txs17:30 UTC — 0 txs17:40 UTC — 43,314 txs17:50 UTC — 0 txs18:00 UTC — 52,290 txs18:10 UTC — 1,109 txs18:20 UTC — 0 txs18:30 UTC — 0 txs18:40 UTC — 0 txs18:50 UTC — 0 txs19:00 UTC — 2,741 txs19:10 UTC — 0 txs19:20 UTC — 1,537 txs19:30 UTC — 1,081 txs19:40 UTC — 1,232 txs19:50 UTC — 1,028 txs20:00 UTC — 0 txs20:10 UTC — 1,090 txs20:20 UTC — 0 txs20:30 UTC — 0 txs20:40 UTC — 1,905 txs20:50 UTC — 4 txs21:00 UTC — 0 txs21:10 UTC — 0 txs21:20 UTC — 0 txs21:30 UTC — 0 txs21:40 UTC — 2,501 txs21:50 UTC — 863 txs22:00 UTC — 0 txs22:10 UTC — 95,854 txs22:20 UTC — 0 txs22:30 UTC — 0 txs22:40 UTC — 23,246 txs22:50 UTC — 0 txs23:00 UTC — 2,828 txs23:10 UTC — 6,455 txs23:20 UTC — 327 txs23:30 UTC — 226 txs23:40 UTC — 222 txs23:50 UTC — 0 txs00:00 UTC — 326,118 txs326k00:10 UTC — 87,660 txs00:20 UTC — 87,766 txs00:30 UTC — 136 txs00:40 UTC — 14 txs00:50 UTC — 0 txs01:00 UTC — 1,628 txs01:10 UTC — 278 txs01:20 UTC — 0 txs01:30 UTC — 449 txs01:40 UTC — 1,083 txs01:50 UTC — 0 txs02:00 UTC — 1,650 txs02:10 UTC — 1,261 txs02:20 UTC — 0 txs02:30 UTC — 1,242 txs02:40 UTC — 0 txs02:50 UTC — 0 txs03:00 UTC — 26,400 txs03:10 UTC — 0 txs03:20 UTC — 4,054 txs03:30 UTC — 171 txs03:40 UTC — 267 txs03:50 UTC — 497 txs04:00 UTC — 165 txs04:10 UTC — 392 txs04:20 UTC — 37 txs04:30 UTC — 371 txs04:40 UTC — 0 txs04:50 UTC — 0 txs05:00 UTC — 1,586 txs05:10 UTC — 0 txs05:20 UTC — 0 txs05:30 UTC — 946 txs05:40 UTC — 483 txs05:50 UTC — 0 txs06:00 UTC — 40 txs06:10 UTC — 1,083 txs06:20 UTC — 0 txs06:30 UTC — 1,624 txs06:40 UTC — 581 txs06:50 UTC — 1,393 txs07:00 UTC — 904 txs07:10 UTC — 339 txs07:20 UTC — 602 txs07:30 UTC — 145 txs07:40 UTC — 650 txs07:50 UTC — 0 txs08:00 UTC — 1,828 txs08:10 UTC — 1,727 txs08:20 UTC — 1,750 txs08:30 UTC — 146 txs08:40 UTC — 0 txs08:50 UTC — 3,102 txs09:00 UTC — 0 txs09:10 UTC — 1,496 txs09:20 UTC — 226 txs09:30 UTC — 0 txs09:40 UTC — 0 txs09:50 UTC — 0 txs10:00 UTC — 0 txs10:10 UTC — 0 txs10:20 UTC — 0 txs10:30 UTC — 0 txs10:40 UTC — 0 txs10:50 UTC — 0 txsActivity:High
Peak 10-min window: 326,118 txs Coverage: 144 blocks · 23.1h 09-04 10:19 UTC → 09-05 09:24 UTC
For the technical reader

Dark cells indicate 10-minute windows where no block was mined: a natural result of the Poisson process governing Proof of Work.2 Transactions broadcast during those windows appear in the next mined block.

Each row = one hour of the scan. Each column = a 10-minute bucket within that hour. Read left-to-right within a row, then down to the next hour.

Poisson process. A random event process where events occur independently at a stable average rate, but with unpredictable spacing. Block times have a 10-minute average but individual intervals scatter widely; that's not a bug, it's how the math works.
№ 08 On-chain Activity

4.0 million outputs, by purpose

The TxBlaster service produced 60.0% of transactions, posting paired payment and data-publication outputs continuously. The breakdown below isolates the remaining 40.0% so other activity is readable.

A note on storage. OP_RETURN data is prunable: nodes can discard it without breaking consensus, but reading it back requires running an indexer. UTXO-resident patterns (STAS tokens, spendable metadata, ordinal envelopes) remain in the chain's state and are recoverable from any pruned node. As BSV scales, the architectural direction is toward UTXO-resident data, not OP_RETURN.
All transactions, by source
TxBlaster · 60.0%
40.0%
577,955 tx 385,896 tx · all other
Excluding TxBlaster3 · 2,798,093 outputs
Payment 86.3% 2,414,493
P2PKH 2,401,950 · P2PK 12,518 · Multisig 25
Data Publication 13.5% 377,556
OP_RETURN 377,277 · Ordinal envelopes 195 · Spendable metadata 84
Contracts & Tokens 0.22% 6,044
STAS Gen 3: 410 · Custom locking: 5,634 · 18 unique structures

Of 383,600 non-payment outputs in this window, 98.4% were prunable (OP_RETURN) and 1.6% were UTXO-resident. Pruning is permitted by consensus today but not generally practiced — the architectural advantage of UTXO-resident data materializes as throughput scales toward Teranode-class capacity.

Method · how non-payment outputs are embedded
OP_RETURN 377,277Spendable metadata 84Ordinal envelope 195STAS Gen 3 410Custom locking 5,634
TxBlaster is an identified, automated service that posts paired P2PK + OP_RETURN transactions continuously. We count it separately not because it's less legitimate (every fee-paid valid transaction is real chain activity), but because at 60% of transaction count today, it would visually overwhelm everything else. The numbers above show what the other activity looks like.
For the technical reader

Purpose classifies outputs by what they're locked to:

Payment: P2PKH, P2PK, multisig (spendable value).
Data Publication: OP_RETURN, ordinal envelopes, spendable metadata (carrying data).
Contracts: STAS tokens, custom locking scripts (programmable spend conditions).

Spendable metadata (heuristic): scripts with signature verification followed by data removed via OP_DROP. Metadata isn't consumed by validation logic but remains on-chain in the UTXO set.

Unique structures: a contract structure is a normalized script skeleton with variable data (hashes, signatures, pubkeys) removed. 18 unique structures observed today across 6,044 contract outputs.

№ 09 Protocols & Content

What people published, and how it was framed

Open standards used to format data on-chain, and the MIME types declared in those publications.

Protocol · open standards defining data format
MAP 3,694AIP 2,536B:// 2,2401Sat-Ordinal 197BSV-21 51Metanet4 36STAS 30OPUB 1
Metanet (the original). The 2018-2019 nChain protocol: a 4-byte "meta" push in OP_RETURN that defines a DAG of parent-txid-linked records. Not to be confused with the newer BRC-100 "Metanet" wallet/overlay ecosystem, which uses the same word for a different thing.
Content Type · MIME types in declared inscriptions
text/markdown 1,673text/plain 301image/jpeg 167image/webp 131application/bsv-20 51application/json 47image/png 30video/mp4 13
For the technical reader

Content Types are MIME declarations sourced from two structures: ordinal envelopes (1Sat-style spendable inscriptions) and B:// protocol OP_RETURN publications. Outputs that don't declare a MIME type aren't counted here.

application/bsv-20 covers both BSV-20 and BSV-21: both protocols declare "p":"bsv-20" in their JSON and most inscriptions inherit the legacy MIME type. Protocol differentiation happens via JSON fields (tick = BSV-20 ticker mode; sym/id = BSV-21 tickerless mode).

№ 10 Overlay Directory

Quiet day in the overlay directory

BRC-88 topic registrations announce who is hosting which overlay services on chain.

Federation snapshot unavailable for this scan.
For the technical reader

BRC-88 SHIP/SLAP. Topic registrations on chain that announce which overlay services a node hosts. SHIP is the intake side (which topics this node accepts); SLAP is the query side (which topics this node can answer for).

endpoints = unique (URL, identity key) pairs. advertisements = signed unspent UTXOs on chain, each declaring one endpoint hosts one topic. topics = named overlay services like tm_uhrp or ls_ship.

Federation snapshot is fetched by fanning out to the four trackers hardcoded into the BSV SDK. It was unavailable for this scan — likely a tracker timeout. The new advertisements above are observed independently from on-chain scan data and are unaffected.

№ 11 Identifiable Activity

Applications and tokens with recognizable fingerprints

Teragun led identifiable activity at 292,010 transactions. Most chain activity carries no such identifier; the names below are services whose on-chain shape is recognizable from prior analysis.

Teragun 292,010AIRCHIVE 74,648Twetch 1,893TreeChat 1,532dxs 764OYO 509Indelible 2773D Ordi 108mintBlue 17memo.cash 16MNEE 3ButterCup 2ForgeChain 1
Application Token Media / NFT
For the technical reader

Patterns are matched against a curated catalog of known protocols and application signatures: MAP tags, B:// envelopes, AIP, OPUB, ordinal mime declarations, custom STAS structures. Some come from WoC tags; others are identified through analysis. New patterns are added editorially as they emerge.

Counts are unique transactions touching each application's recognizable structures. A transaction can match more than one pattern.

№ 12 Script of the Day

Multi-Signature

MULTISIG · selected from 25 candidates

Multi-Signature with a 71-byte payload

What it does. Requires multiple signatures (M-of-N) to spend. Used for shared custody, escrow, and organizational funds.

Why it matters. Enables trustless collaboration and enhanced security for high-value transactions.

TX fa5a9c69ab… Block 965,299 71 script bytes
Opcodes used
2CHECKMULTISIG
Script preview
OP_2 03123a0104e6720507937d49b72f9b4108b4811dab28a3ec3bd6c36eb7b9ba334d 02cae4666abd5c03abeeb30e11c27c8fef4270c108bd2fe5f1e4be4807a897f2bc OP_2 OP_CHECKMULTISIG
Skeleton
OP_2 <DATA> <DATA> OP_2 OP_CHECKMULTISIG
For the technical reader

Selection is editorial: one script per day from a curated category (Data Carrier, Token Mint, Complex Contract, Hash Puzzle, etc.). Candidate count shows how many similar scripts appeared in the same window.

The script preview above is the actual on-chain ASM (truncated for display); the skeleton normalizes pushes to <DATA> for pattern comparison across transactions. Opcodes shown are the unique ones present in the script, not the sequence order.

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