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no one knows the future.
and difficulty does not always go up . We have long streaks of lower difficulty periods.
so it is possible that the -25% scheduled drop comes in at -25%
or at -30% or at -15%.
we had a long down trend in difficulty in late 2018 say october. it lasted a while. maybe till may 2019.
So maybe op is on to something. Maybe not.
at op good and have whatever you.
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I'm standing in my shed trying to get a bunch of old KNC Titan cubes running again. So far I'm up to 250mh, and one of my controller boards has a bad SPI socket line.
Man, I remember this crazy....
I wonder how long and hard they pump the doggie 🐶. Ahh maybe for a while longer. |
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April 2021 is the only month in the History of BTC to have every day over 50k
Go btc go.
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Why most of you said no but actually you can  Honestly no if you mine with solo but if you mine on f2pool you can Did you ignore the f2pool? If you are one of the participants on F2pool you are allowed to submit transactions as many as you can they don't have a limit(Based on what I heard). But you can only submit a transaction to them if you have a referral code you can get them by contacting the f2pool support. Once you have the referral code you can submit your raw transaction with this link below - https://www.f2pool.com/pushtxpretty good perk from that pool. |
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Of course, if we keep most of our value in BTC (and maybe some in fiat), then we might consider ways to formulate systems that allow us to be able to draw from our BTC in some kind of way without having to either worry about the overly depletion of value within our intended timeframe or having psychological pressures regarding either from where to draw upon sources or that we might not have a sufficient cushion (your example of paying the $100 late bill).
If and when Bitcoin reaches stability, we will, of course, have to seek other options if we wish to grow our wealth. That'll likely be the traditional investment categories, stocks, shares, loans, the normal gubbins. Hopefully by that time, they will be denominated in Bitcoin. Just living off the stash might well be a reasonable option for many though.as long as we agree that living off the stash is not passive income, it is "living off the stash aka eating your seed corn", albeit if you don't foresee any more harvest seasons, eating seed corn is fine. OT: can anyone rationalize doge for me and when it is going to stop? There is something weird about this. Is it just like XRP in 2017 or are we going to meme-ize the large chunk of our investments? In a funny way it shows the power of a "Sovereign Individual" (Musk is certainly the example of such). I would have to re-read it (SI book) yet again. In a way doggy looks like a purposeful distraction from bitcoin. I could could explain what happened with doge but not on this thread. As this is a btc thread. yea, btc+covid+Trump+nft+(boobs+asses)...the latter two being essential components, I agree. @JJG ramblings notwithstanding, this thread is officially blessed (by btctalk officionados) for occasional OT posts (well, I do agree that eth/ERC20, forks and XRP should be out). I will say Musk looks at DOGE/LTC realizes when it was worth 1/3 of a penny back in summer 2020 he can make a bigly score. a) buy doge cheaply b) buy cheap L3+ gear c) make large solar array for mining D) all of the above cheap and easy well under 200 million to achieve last year. e) keep pumping the coin f) make solid money g) try to cause btc price drops h) move doge profits into btc. I) now doge is 30+ cents if he built a solar array and is mining LTC/DOGE investment is all paid off. He has vested interest in pumping doge Not saying he did all of the above. but It looks like a duck and quacks like a duck it is very likely a duck. ...Personally I see this move about doge as very sure that it is being done. If my speculative ideas are correct it is legal to does what he did. As it is not subject to stock rules. So he can not tout Tesla stock. but he can tout doge. Here is a link into how I see other coin maneuvers being done. which have caused a huge difficulty drop in BTC https://bitcointalk.org/index.php?topic=5331454.0Interesting theory...my concern is that btc is now being positioned as "money for the rich" and it seems that doge is being portrayed as "people's money". I am quite concerned about it as I would like bitcoin to be smack in the center, NOT a rich folk "savings account". Regarding about why talk about competitors? It is in such talk new treats could become visible and counteracted. People used to be able to hold two contradictory ideas in their heads and weigh them out/argue against one or the other. Nowadays, it is all mostly about a tribe. Yeah tribalism = very close to racism
my coinbase holdings are as I gear to btc.  |
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I would be fully wrecked if we were not merge mining LTC/doge as I type.
10000 doge a month was 32 bucks
10000 doge a month is 3986 bucks.
5 ltc a month was 300 bucks
5 ltc a month is 1350 bucks.
so the 5336 spilt 4 ways is 1309 a month which takes some sting from the doge.
Also of the 60k profits a lot went into eth gpus
this makes 3300 a month.
so 4600 a month needs a while to make up the 60k not being 400k.
but down the road I will get back a lot of that maybe 1/2 maybe more.
It is funny that the best year I ever had could have easily been 155k vs 60k. Not realistic to think I could have held the 1 million doge to the 40 cent mark but selling first half at 4-7 cents for 30k. then selling next half at 20-30 cents for 125k total of 155k maybe that is realistic .
So Newegg Shuffle was a no go
and I am back up to 900 doge in the exchange. about 300 or so each day
which is 120 usd daily 4 way split.
used to be 32 monthly 4 way split
so 8 a month vs 900-1000 a month for me.
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Of course, if we keep most of our value in BTC (and maybe some in fiat), then we might consider ways to formulate systems that allow us to be able to draw from our BTC in some kind of way without having to either worry about the overly depletion of value within our intended timeframe or having psychological pressures regarding either from where to draw upon sources or that we might not have a sufficient cushion (your example of paying the $100 late bill).
If and when Bitcoin reaches stability, we will, of course, have to seek other options if we wish to grow our wealth. That'll likely be the traditional investment categories, stocks, shares, loans, the normal gubbins. Hopefully by that time, they will be denominated in Bitcoin. Just living off the stash might well be a reasonable option for many though.as long as we agree that living off the stash is not passive income, it is "living off the stash aka eating your seed corn", albeit if you don't foresee any more harvest seasons, eating seed corn is fine. OT: can anyone rationalize doge for me and when it is going to stop? There is something weird about this. Is it just like XRP in 2017 or are we going to meme-ize the large chunk of our investments? In a funny way it shows the power of a "Sovereign Individual" (Musk is certainly the example of such). I would have to re-read it (SI book) yet again. In a way doggy looks like a purposeful distraction from bitcoin. I could could explain what happened with doge but not on this thread. As this is a btc thread. yea, btc+covid+Trump+nft+(boobs+asses)...the latter two being essential components, I agree. @JJG ramblings notwithstanding, this thread is officially blessed (by btctalk officionados) for occasional OT posts (well, I do agree that eth/ERC20, forks and XRP should be out). Okay eth = garbage. if mr v drops dead tomorrow that coin will spiral way down as other fight to be in control of it. LTC/DOGE merged mined are solidly backed by asics. So some rich mother fucker (only because I sold my doge around 1-38 cents for an average of 6 cents and made 60k profit vs holding and selling at 40 cents and making 400k profit) I will say Musk looks at DOGE/LTC realizes when it was worth 1/3 of a penny back in summer 2020 he can make a bigly score. a) buy doge cheaply b) buy cheap L3+ gear c) make large solar array for mining D) all of the above cheap and easy well under 200 million to achieve last year. e) keep pumping the coin f) make solid money g) try to cause btc price drops h) move doge profits into btc. I) now doge is 30+ cents if he built a solar array and is mining LTC/DOGE investment is all paid off. He has vested interest in pumping doge Not saying he did all of the above. but It looks like a duck and quacks like a duck it is very likely a duck. The only reason I can mentally handle not holding longer is I am mining 10000 doge coins a month that was 32 a month last year and is now 3986 a month. I am still moving doge coin into btc and fiat. Personally I see this move about doge as very sure that it is being done. If my speculative ideas are correct it is legal to does what he did. As it is not subject to stock rules. So he can not tout Tesla stock. but he can tout doge. Here is a link into how I see other coin maneuvers being done. which have caused a huge difficulty drop in BTC https://bitcointalk.org/index.php?topic=5331454.0they involve other shitcoins I will not mention here. |
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I know that timestamps for blocks are not that accurate.
It would be nice to force super accurate timestamps But give that I went and looked at the 2 empty blocks
In this case 9 minute gap which seems to be impossible to happen with accurate time stamp.
2021-04-19 11:48
679799
2021-04-19 11:39
679798
In this case
2021-04-19 05:32
679774
2021-04-19 05:31
679773
it is possible to be under 0.001 second apart and an empty block is not unlikely If gap is under 0.001 second.
This is a crypto coin issue not having good time stamp accuracy.
Frankly the answer to the op was he needs 1 or 2 % of the network to run that side business.
But that empty block 679798 coming a full 9 minutes after the prior block is wild.
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Of course, if we keep most of our value in BTC (and maybe some in fiat), then we might consider ways to formulate systems that allow us to be able to draw from our BTC in some kind of way without having to either worry about the overly depletion of value within our intended timeframe or having psychological pressures regarding either from where to draw upon sources or that we might not have a sufficient cushion (your example of paying the $100 late bill).
If and when Bitcoin reaches stability, we will, of course, have to seek other options if we wish to grow our wealth. That'll likely be the traditional investment categories, stocks, shares, loans, the normal gubbins. Hopefully by that time, they will be denominated in Bitcoin. Just living off the stash might well be a reasonable option for many though.as long as we agree that living off the stash is not passive income, it is "living off the stash aka eating your seed corn", albeit if you don't foresee any more harvest seasons, eating seed corn is fine. OT: can anyone rationalize doge for me and when it is going to stop? There is something weird about this. Is it just like XRP in 2017 or are we going to meme-ize the large chunk of our investments? In a funny way it shows the power of a "Sovereign Individual" (Musk is certainly the example of such). I would have to re-read it (SI book) yet again. In a way doggy looks like a purposeful distraction from bitcoin. I could could explain what happened with doge but not on this thread. As this is a btc thread. |
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Hello Guys!
I am from Germany, and I would like to know how I can start mining.
All I have is a bitcoin account connected to a bankaccount and knowledge how nicehash works,
and the feeling that antminer s17 costs 2000 euros and is the best miner with 56thz.
the electricity is expensive here, 37 cents per KWH.
Do you guys have any idea if this could work or how to better do it?
I have 178 euros now, and was thinking of selling an expensive bike or something to get money for a mining device cant get any credit.
How much money would i make?
My estimation is that with a solar panel it could work.
that is all. look forward to your tipps!
Greetings
power is too costly for you do not mine |
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Bloody Sunday has gone, however market is still surviving. In fact, we're passing a crucial point in time. Hold your breath. Shit always happens on those panic sellers. This is nothing other than a good time to accumulate. It's still a bull market. No need to hold the breath.  So, are we supposed to hold our breath or not? Yes? |
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doge is pushing 41 cents man I made 60k on it and feel bad cause I sold it too soon. If I held it all it would be 430,000k Well we are mining it. last summer we mined about 10000 doge a month worth 0.0033 x 10000 = 33 usd right now we are mining about 10000 doge a month worth 0.4100 x 10000 = 4100 usd So if doge grows to a buck it would be 1.00 x 10,000 = 10,000 usd meanwhile btc diff has dropped off 25% https://diff.cryptothis.comLatest Block: 679779 (16 minutes ago) Current Pace: 74.1614% (388 / 523.18 expected, 135.18 behind) almost 1 day behindPrevious Difficulty: 23137439666472.05 Current Difficulty: 23581981443663.85 Next Difficulty: between 17494476147397 and 21035605800032 Next Difficulty Change: between -25.8142% and -10.7980% Previous Retarget: last Thursday at 3:40 PM (+1.9213%) Next Retarget (earliest): May 1, 2021 at 8:23 AM (in 12d 1h 31m 39s) Next Retarget (latest): May 4, 2021 at 12:43 PM (in 15d 5h 52m 6s) Projected Epoch Length: between 15d 16h 43m 29s and 18d 21h 3m 56s ... Shuffle is up https://www.newegg.com/product-shuffleyou have 88 minutes |
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I stacked some more btc today. dip looks good. @ Sayeds56 "Please share any news or Technical analysis behind this 60K Price prediction." is all I got |
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The 4% "safe withdrawal" rate comes from a "passive investment" in a broad based index or mutual fund of approximately 60% stocks and equities, and 40% bonds. Putting your money in the S&P 500 or a Total Stock Market fund would achieve similar results.
The study also uses 30 years as a retirement number, how long you can stay retired.
There are several calculators out there, but you can try for example firecalc.com
If you input $1m and $40k as annual withdrawal for 30 years, you get a 95% success rate. Out of 120 possible 30 year cycle periods, 6 failed.
one issue: life extension drugs that may appear. now your 30 year retirement is 60 years. give or take. plan accordingly. edit: and i can feel those Pfizer 5G nanobots feeding me lifeforce as i type, especially now that ive had the 2nd injection. 5 bars of 5G signal on my phone now and no 5G towers in 100 miles of here. sweet bonus, that! i have become.. become.. well.. something. Wife and I are looking forward to second shot. |
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they are costly I can get a dell with an amd 5600m for about 825. uses 112 watts at the wall and makes $3.50 a day
so 250 days to break even as it would make 875 and burn about 67 dollars in power net of 808
Does that even make any sense? And there is probability of break down when mining continues on the laptop nonstop, this isn't gaming where you will eventually get tired and turn the laptop off but mining requires 24/7 action, this is why laptop is a bad idea for mining, if it's a must it's better to go for rugged build laptops like MSI, Alienware, Asus ROG, but just like you said, they are too costly hp.com has a decent omen but it is 1500 has a 3070 in it it mines about 5 usd a day and burns 135 watts so at 10 cent power $0.325 a day burned and 50 x .100 = $5.00 a day earned nets 4.67 a day so 321 days to breakeven a border line purchase. If I get the best buy version it is 1599 after tax it is 1703. I have multiple coupons drops it to 1108 / 4.67 = 237 days . It is a gaming device but 237 days is a long time to recover funds. never mind eth could crash. never mind you are pushing a laptop 24/7/365 |
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This is such a great idea and product. Very desirable for the community and overall BTC health too. As it is getting sold out, you could open up a waitlist to gauge future needs. The increasing cost and demand may well make this an easy target for copycats.
I am eager for reviews from the EU/US customers who will be the first ones to get their hands on this. I have a suggestion regarding accessibility of the Apollo node in countries having ambiguous custom rules regarding mining hardware. I understand this maybe a low priority for now but could this be "branded" as simply a Desktop computer with no outwardly discernible connection to "Bitcoin" or "Mining"?
This could be very helpful for people living in certain jurisdictions where custom officials often tend to only go by the branding on the product.
I will review mine when I get it. I was one of the first to order it so I am hoping to get it sooner rather than later. |
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PoW power consumption is what makes bitcoin secure. IMO there is no problem to solve here. There is big propaganda made by altcoins criticizing bitcoin TPS and energy consumption... You are basically staking energy, which is something from outside the blockchain, something valuable in our world and society as we know it. This is one thing that gives value to bitcoin. (the opposite of staking coins, which you are staking something from within the blockchain itself) Bitcoin is not wasting energy to generate blocks, it is using energy to create value and utility. Miners also mine in places where energy is cheap, and those places are usually where the generation of eletric energy is bigger than the consumption. I saw just now this video from Antonopoulos where he explains that it is easy to bash bitcoin energy consumption, because it is transparent. But you cannot see how much energy banks consome (with buildings, bureaucracy, security, guards, etc) If people understood this and that the value created can be channelled into solar/windmills power consumption would be a topic of how btc saved the world from polluting coal/oil If people understood the subsidies given to oil and coal and not given to solar and wind they would freak. POW mining could create 3 watts of energy for every watt it burns. I know this because we built and paid off a large solar array with BTC profits. When I think of what is allowed with coal and oil and not done for solar and wind it is so freaking annoying. |
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I was reading that the world has 46-47 million millionaires. https://en.wikipedia.org/wiki/MillionaireTo be a millionaire by the definition I found do not count your home you job or your pension. Count your investable wealth : "There are multiple approaches to determining a person's status as a millionaire. One of the two most commonly used measurements is net worth, which counts the total value of all property owned by a household minus the household's debts. According to this definition, a household owning an $800k home, $50k of furnishings, two cars worth $60k, a $60k retirement savings account, $45k in mutual funds, and a $325k vacation home with a $250k mortgage, $40k in car loans, and $25k in credit card debt would be worth about $1,025,000; and every individual in this household would thus be a millionaire. However, according to the net financial assets measurement used for some specific applications (such as evaluating an investor's expected tolerance for risk for stockbroker ethics), equity in one's principal residence is excluded, as are lifestyle assets, such as the car and furniture. Therefore, the above example household would only have net financial assets of $115,000. Another term used is "net investable assets" or working capital. These practitioners may use the term "millionaire" to mean somebody who is free to invest a million units of currency through them as broker. For similar reasons, those who market goods, services and investments to HNWIs are careful to specify a net worth "not counting principal residence". At the end of 2011, there were around 5.1 million HNWIs in the United States,[9] while at the same time there were 11 million millionaires[10] in a total of 3.5 million millionaire households,[11] including those 5.1 million HNWIs" So I am not there yet. But if you have only 18 BTC = 1,026,000 My wife and I may get there 1 day. Just stack your BTC. one day. 18 will not be needed only 9 coins will get you there. 9 x 115,000 = 1,035,000 That day is not far off. Just stack the BTC and Hodl. 1 BTC = $1 million by 2025 I reckon. The absolute latest 2030. Note however your purchasing power of that $1 million will be significantly reduced. If we take an average 8% inflation rate we are actually talking almost exactly $500,000 in today's money by 2030. So 2 BTC will, I think, make you millionaire in dollars in today's money by 2030 but most likely before then. Not counting house, car, pensions. We are not at 1,000,000 but we are closer since Dec 2020. |
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