We’re excited to share our first research analyzing point forecast performance on the Precog Subnet. We intend to follow up with deeper investigations highlighting further aspects of the forecasted price performance, while we continuing to build out infrastructure necessary to ultimately get this data in the hands of end-users.
The Precog Subnet has been running on the Bittensor network since early 2025. Miners on the subnet have continuously produced forecasts for the future price of Bitcoin. In this article, we show that by using the price forecasts, even a very simplistic trading strategy shows significant improvement in returns compared to holding the initial capital. Although not universal, we find this result over several different periods in the last few weeks, both during periods when the price increases and decreases.
