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. 2020 Jul 4:1–15. Online ahead of print. doi: 10.1007/s00521-020-05129-6

Table 2.

Raw features from which the technical indicators are created

Features Description Features Description
Transactions The number of sent and received Bitcoin payments Median transaction fee The median of transaction fees in Bitcoin
Block size Transactional information cryptographically linked in the blockchain. The maximum block size is currently set at 1 megabyte Average transaction fee Each transaction can have an associated transaction fee determined by the sender. The transaction fee is received by the miners who verify the transaction. Transactions with higher fees incentivize the Bitcoin miners to process them sooner than transactions with lower fees
Sent from addresses These are distinct Bitcoin addresses from which payments are made everyday Block time The time required to mine one block. Usually, it is around 10 min but can fluctuate depending on the hashrate of the network
Difficulty The daily average mining difficulty. The difficulty is computed by the network after a specified number of blocks have been created so that the time it requires to mine a block remains around 10 min Hashrate The daily total computational capacity of the Bitcoin network. Hashrate indicates the speed of a computer in completing an operation
Average transaction value The average value of the transactions in Bitcoin Median transaction value The median value of the transactions in Bitcoin
Mining profitability The profitabilityi in USD/day for 1 terahash per second (THash/s) Active addresses The number of unique addresses participating in a transaction by either sending or receiving Bitcoins
Sent BTC The total Bitcoins sent daily Top 100 to total The ratio of Bitcoins stored in the top 100 accounts to all the other accounts of Bitcoin
Fee-to-reward ratio The ratio of the fee sent in a transaction to the reward for verifying that transaction by the other users