Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: WNOTN on November 17, 2022, 02:32:09 PM



Title: Are you shutting your ASIC miners off for BTC? You have a new opportunity.
Post by: WNOTN on November 17, 2022, 02:32:09 PM
This is the medium article I wrote: https://medium.com/p/aef58aa60b45 (https://medium.com/p/aef58aa60b45)

I want to start by saying if you are a retail investor. It would be best if you immediately exited any centralized exchange and learn about self-custody.

Pulsebitcoin Whitepaper: https://pulsebitcoin.com/white-paper (https://pulsebitcoin.com/white-paper)

Imagine mining 50 BTC from your desktop computer every day. Early Bitcoin miners, like Richard Heart, were rewarded that.

These days the difficulty of mining Bitcoin has increased to the point where the profitability of mining bitcoin is so low that many miners are shutting off their machines.

“Being an early bird gets the worm, which has been the foundation of maximizing profit from any investment.” -Pepe

The opportunity for proof of stake mining came with the launch of PulseBitcoin. The audited project has allowed holders of the ASIC (Application Specific Internet Coin) token to stake those coins and yield PulseBitcoin.
Learn how to mine PulseBitcoin here: https://pulsebitcoin.com/how-to-mine-pulsebitcoin

The PulseBitcoin No Shenanigans Policy
Fair launch (absolutely no special supply allocation). Supply begins at zero and only becomes available 30 days after launch if participants start mining on day 1.
100% Transparent — Open Source Smart Contract(s)
Code Security Audit — Certik
Known supply parameters (Maximum Supply: 21M Coins)
No Unfair Distribution (ALL PulseBitcoin must be mined fairly defined by the Smart Contract)
No "Sacrifice Phase" or ICO
No Private or External Funding Received, NONE!
No Admin Keys, No Admin Functions, No Admin anything
No Inflation Outside of Defined Mining Rate Parameters
No Purchase Tax
No, Sell Tax
No Reflection Fees
No Referral Program
No Hidden Penalties
No Paid Promotors or Marketing, NONE!


Bitcoin is outdated
Bitcoin suffers from critical problems that prevent its continued adoption. To name a few: it's slow, expensive to use, requires special equipment to mine it effectively, it's not environmentally sustainable, it has had numerous inflation vulnerabilities, it is NOT compatible with existing DeFi without the use of intermediaries, it does not scale as well as the Ethereum network(s), and the list goes on and on…

The world deserves a better Bitcoin, and the solution has finally been created: PulseBitcoin.

PulseBitcoin offers Cheaper Transactions, Faster Transactions, Inclusive Mining, a Scarce Supply, Native Compatibility with existing DeFi, more Security, high Scalability, and, most importantly, is Energy Efficient and Eco-friendly!

To improve the world, we must amend the current "Bitcoin" and improve it in every way that MATTERS!

PulseBitcoin is not a copy; it is a much-needed innovation!

The end of centralized exchanges is near.
With fear on the rise for custodial wallets at an all-time high after the collapse of FTX and the case for DeFi has never been stronger. Crypto users are learning the importance of self custody which will drive them to enter into decentralized projects, such as HEX.com and PulseBitcoin.com.

These projects create yield for the users with no counterparty risk. Retail and institutional investors have lost millions due to centralized entities such as; FTX, BlockFi, Celsius and Voyager.


Summary
The future of cryptocurrency lies within DeFi and environmentally friendly crypto projects. With the creation of safe, secure, and efficient PulseBitcoin. Miners can continue their yield by selling low-efficient miners, acquiring ASIC tokens and generating PulseBitcoin. This opportunity also increases fair yield for retail investors that can't afford to buy expensive machines, waste electricity at rising prices, and run loud miners in their homes.

Written by: https://twitter.com/HostShawn (https://twitter.com/HostShawn) via WNOTN.COM


Title: Re: Are you shutting your ASIC miners off for BTC? You have a new opportunity.
Post by: Asanka on November 17, 2022, 03:28:01 PM
informative post  :) thanks Man


Title: Re: Are you shutting your ASIC miners off for BTC? You have a new opportunity.
Post by: WNOTN on November 17, 2022, 03:33:45 PM
 ;D I hope you got some value from it.

Some miners have sold their rigs and bought ASIC tokens. The project is getting great value in this market.


Title: Re: Are you shutting your ASIC miners off for BTC? You have a new opportunity.
Post by: citb0in on November 17, 2022, 08:40:22 PM
Bitcoin is outdated
Bitcoin suffers from critical problems that prevent its continued adoption. To name a few: it's slow, expensive to use, requires special equipment to mine it effectively, it's not environmentally sustainable, it has had numerous inflation vulnerabilities, it is NOT compatible with existing DeFi without the use of intermediaries, it does not scale as well as the Ethereum network(s), and the list goes on and on…

The world deserves a better Bitcoin, and the solution has finally been created: PulseBitcoin.

That one was good, really amusing *LOL*  :D :D :D :D

sounds like another shitcoin that conjures up the blue sky. Somehow these shitcoins all have something in common. They are all so wonderful and great and the Bitcoin so bad. It's just funny that the Bitcoin reflects its value, whereas all the other shitcoins (mostly) disappear from the scene sooner or later.

So cheers for PulseBitcoin and down with the Bitcoin. Popcorn is ready, Coke too, of course. Thanks for this amusing post, you have saved my exhausting working day ;)


Title: Re: Are you shutting your ASIC miners off for BTC? You have a new opportunity.
Post by: swogerino on November 18, 2022, 08:22:48 AM
;D I hope you got some value from it.

Some miners have sold their rigs and bought ASIC tokens. The project is getting great value in this market.

The only miners who have sold their rigs if you are referring to ASICS or even GPU rigs are the ones who have really old gear like S9 and GPU rigs with like not efficient old video cards in terms of consumption.I am pretty sure that the difficulty of the Bitcoin network says otherwise meaning that most people with their ASICS which are new generation like the S19 they are still mining even at a loss if they have higher electricity costs because they and we all know that the next bull run is inevitable as a maximum timeline of the year 2025 but it may happen sooner so better to be prepared for that time and buying tokens without value I don't think qualifies as being prepared.


Title: Re: Are you shutting your ASIC miners off for BTC? You have a new opportunity.
Post by: FP91G on November 18, 2022, 10:22:06 AM
PLSD, ASIC, PLSB, ATM. What is this shit?
You need to buy one token, then convert this token into another token. Then use this token to mine another token. It's not mining, it's staking. It looks very suspicious and why do miners need it?
I try to stay away from such projects.


Title: Re: Are you shutting your ASIC miners off for BTC? You have a new opportunity.
Post by: batsonxl on November 18, 2022, 02:13:16 PM
I think you didnt read whit paper of bitcoin it is only 24 pages something.i suggest you read it.then write how bitcoin suffers.


Title: Re: Are you shutting your ASIC miners off for BTC? You have a new opportunity.
Post by: WNOTN on November 18, 2022, 05:10:02 PM
Bitcoin is outdated
 Popcorn is ready, Coke too, of course. Thanks for this amusing post, you have saved my exhausting working day ;)

Glad you enjoyed it.  ;D We will wait and see. Programmable Bitcoin has always been a great concept. Now its proof of stake with PulseBitcoin!


Title: Re: Are you shutting your ASIC miners off for BTC? You have a new opportunity.
Post by: citb0in on November 18, 2022, 05:20:40 PM
Sure.


Title: Re: Are you shutting your ASIC miners off for BTC? You have a new opportunity.
Post by: WNOTN on November 18, 2022, 05:21:25 PM
;D I hope you got some value from it.

Some miners have sold their rigs and bought ASIC tokens. The project is getting great value in this market.

The only miners who have sold their rigs if you are referring to ASICS or even GPU rigs are the ones who have really old gear like S9 and GPU rigs with like not efficient old video cards in terms of consumption.I am pretty sure that the difficulty of the Bitcoin network says otherwise meaning that most people with their ASICS which are new generation like the S19 they are still mining even at a loss if they have higher electricity costs because they and we all know that the next bull run is inevitable as a maximum timeline of the year 2025 but it may happen sooner so better to be prepared for that time and buying tokens without value I don't think qualifies as being prepared.

Not all legacy BTC miners can sustain the cost without profit. Which also constantly creates sell pressure of it. Early adoption always gets the best value. Larger entities like Shell getting into mining with energy costs at a fraction compared to others. The sustainability of the smaller operations may not last. They still have an opportunity to sell the overhead now, while demand for their systems is still available and migrate to a simple laptop and earn yield with proof of stake. "The innovator's dilemma."



Title: Re: Are you shutting your ASIC miners off for BTC? You have a new opportunity.
Post by: Bitcoin_Arena on November 19, 2022, 11:05:25 PM
bItcOiN iS oUTdAteD
But the goes ahead to name his shitcoin Pulsebitcoin  ;D

Quote
Bitcoin suffers from critical problems that prevent its continued adoption. To name a few: it's slow, expensive to use, requires special equipment to mine it effectively, it's not environmentally sustainable, it has had numerous inflation vulnerabilities, it is NOT compatible with existing DeFi without the use of intermediaries, it does not scale as well as the Ethereum network(s), and the list goes on and on…
Same narrative every other shitcoin promoter uses out there. They don't like the fact that Bitcoin isn't compatible with their Ponzi schemes they call defi's

I think you didnt read whit paper of bitcoin it is only 24 pages something.i suggest you read it.then write how bitcoin suffers.
It's actually just 8 pages of content if you remove the references page. Obviously, OP just chose to be ignorant.


Title: Re: Are you shutting your ASIC miners off for BTC? You have a new opportunity.
Post by: WNOTN on November 20, 2022, 03:43:27 PM
bItcOiN iS oUTdAteD
But the goes ahead to name his shitcoin Pulsebitcoin  ;D

Quote
Bitcoin suffers from critical problems that prevent its continued adoption. To name a few: it's slow, expensive to use, requires special equipment to mine it effectively, it's not environmentally sustainable, it has had numerous inflation vulnerabilities, it is NOT compatible with existing DeFi without the use of intermediaries, it does not scale as well as the Ethereum network(s), and the list goes on and on…
Same narrative every other shitcoin promoter uses out there. They don't like the fact that Bitcoin isn't compatible with their Ponzi schemes they call defi's

I think you didnt read whit paper of bitcoin it is only 24 pages something.i suggest you read it.then write how bitcoin suffers.
It's actually just 8 pages of content if you remove the references page. Obviously, OP just chose to be ignorant.

It's quite clear that institutional and early adopter mining operations manipulate BTC and are only capable of being sustainable in mining. The Bitcoin brand is very well known, which is most likely why the founder used the name.
As of yesterday, the first mined PLSB can be traded on Uniswap, 1Inch, and Matcha. There has been $4M Invested in ASIC token Miner NFTs as an adoption amplifier to acquire ASIC tokens at $1. This event ends in less than 2 hours. Currently, if all ASIC tokens were mining, the first Halving would occur in about 4-5 months.