some relief we are at 8.9% https://newhedge.io/terminal/bitcoin/difficulty-estimatorLatest Block: 829982 (4 minutes ago) Current Pace: 108.9222% (1407 / 1291.75 expected, 115.25 ahead)Previous Difficulty: 70343519904866.8 Current Difficulty: 75502165623893.72 Next Difficulty: between 81613810923868 and 82282644634810 Next Difficulty Change: between +8.0947% and +8.9805% Previous Retarget: February 2, 2024 at 10:35 AM (+7.3335%) Next Retarget (earliest): Thursday at 7:03 AM (in 3d 21h 11m 8s) Next Retarget (latest): Thursday at 9:34 AM (in 3d 23h 41m 50s) Projected Epoch Length: between 12d 20h 28m 37s and 12d 22h 59m 19s 70% into the jump.. Maybe we back off to 7% |
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Note the minimum fee here is 9sat/byte
that does not mean that blocks are grabbing all transactions 9sat up it means SOME mining pools are selectively (pot luck lottery style) adding a couple random transactions outside the "highest fee first" policy just to seem reasonable.. the 9sat/b does not mean your 16sat/b has priority over say the 20sat/b ones nor means that your 16sat/b should come before the pot luck lottery of cheap fees outside the fastest first policy you just have to be patient yes its annoying, yes bitcoin is made using code. yes code can codify rules of acceptance to be more fair, yes transactions can be analysed into a formulae where coin-age and "first seen" can produce a priority order... but many people that want bitcoin to be annoying to promote offchain systems as solutions to the annoyances, dont want the annoyances fixed
using https://jochen-hoenicke.de/queue/#BTC,2h,count there is about 17,000 transactions waiting paying 14-17sat/b so you are in a waiting list with 17k other transactions of about your fee rate looking at latest block(fee range chart, highlighting transaction in the 15-16sat/b basket range) https://www.blockchain.com/explorer/blocks/btc/829631 out of 1038 transactions in that block that miningpool only randomly selected 118 transactions from the basket of transactions 15-16sat/b meaning only ~9% of a block selector chooses the lottery of your range. but your range has 17k other competitors so math suggest if only ~120tx of your range are selected per block you have a 120 of 17k chance of being in next block(0.7%) Ok. Then it should DETECT THE TRANSACTION AT LEAST.I am aware of priorities. Higher preference would be given to higher bytes fees but at least DETECT IT. Mempool says transaction not found. It is one thing to detect a transaction and it is another thing to process such transaction. This is an unfair treatment given to me and I believe it should be addressed properly Basically you were too cheap and are now complaining about it. or am I wrong? and after just an extra day or two it cleared. Yeah don't be that cheap. I do a bit lower than normal but never do low. |
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Seems the chain spammers have finally run out of money, or I guess achieved their goals. Just to remind everybody again, the solution to high fees, is high fees.  I never really cared about the mempool fees until I started to running a lightning node. Now I keep a tab open at all times to monitor the mempool when I'm using the computer. January was quite a rough month, considering the mempool fees. I had two channels force closed, costing me roughly 200k sats. So looking into the future when mempool fees are consistently higher due to more users, how negative do you think that will be for the LN? I mean the whole point of it is so that we can still have cheap transactions. I really know very little about the theory, or current practicality of it, at the moment as I just haven't had the time to get into it. it is easy to use ln if you open an account with kraken. Just remember they are an exchange an the coins are not yours. But they give you access to their LN wallet you can send or receive and not do any bs with maintenance I keep around 350 usd worth of btc on that exchange just incase I need to do LN. |
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Price is dipping. Who isn’t doing their push-ups?!?
I will knock out a left side plank right now! Just did a 40 second left side plank which is not easy for me to hold that long. And we may dip back under 47 k we are dancing at 47080. Maybe I can work up to 50 second planks by next week We may need them to get us over 50k and stay there |
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I agree with the first statement but not the second. Why would you ever consider trading back to fiat? I would rather see Bitcoin drop to 0 before trading back to fiat.
buying nice things ? I'm pretty sure many are getting back quite some life changing amount and they will consider cashing out a part for ... see above I prefer to buy things i need over things that are nice. For now, i'm satisfied with my current life, so no real need to change it. At least not this early  that's exactly what I'm talking about: for some it's not early anymore and they are sitting on a 50x or 100x and btw buying things you need is nice as well... isn't it? I've been getting by on nothing for so long now, I don't feel like I need anything. Maybe a case of Indian River Ruby Red Florida grapefruit... but that's about it. haven't sold a satoshi for about 8 years but not everyone is the same I love fruits btw. I rarely eat vegetables.. I worked on a farm when I was young - there's nothing like Cortland apple fresh off the tree. After bringing in straw for 10 to 12 hours, I would cycle by the orchard on the way out and grab the biggest one I could find to eat on the way home  A perfectly ripe home grown vintage tomato. Picked warm from sunlight. is really good. |
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Doubt it! S21 is already itself a giant pace in efficiency, I doubt that Bitmain has another ace hidden that it plans to release after the halving to screw everybody!
This unless they ar already able to do it with 3nm, but with the current geo-poli-eco madness I don't see them bein first in line at TSMC for that.
They can stuff more of the same chips in a single miner and end up with a more efficient and powerful gear, higher cost but it all depends on what the market is post halving. Yeah if we have an early ATH and it just keeps moving well they will want to sell a s21 xp doing 240th and 3500 watts. But right now btc price is too low for them to sell that. |
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yeah do not push to hard.
I just did a 36 second right side plank
and a 36 second push up style plank.
I need to do a left side plank for at least 28 seconds and I will be at 100 seconds of plank for the day.
and did a 30 second left side plank.
brings me to 102 seconds of plank.
they are not as long as I can do at the moment.
but 100k may take time so with luck maybe I can do
40+40+40 by march 1 and then 50+50+50 by the ½ ing.
off to my home made chicken soup for lunch.
working on the diabetes. i finally needed meds. dropped a1c from 8.4 to 6.8 looking to get to 6.0
also looking to drop cholesterol form 105 to 70. this is the bad number as there are 3 numbers that make it up.
added a 40 second 2 handed plank I am up to 142 seconds |
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well six cents has basically almost always worked. i am interested in seeing what it does.
Yeah that thing was valid when BTC was at 42k but when you get 10% in under 5 days and 5% up in a day with income per th/s probably going above 9 cents again things start to change quite radically. So the 6cents/kwh border might become only 8cents/kwh if this things hits previous ATH levels, this despite the growth in hasharate. Eveything becomes muddy again. Do we have any new equipment being tested that has not yet been announced? Something that will really "revolutionize" the market? Well, this "revolutionizing the market" part is already a very high expectation on my part.  Doubt it! S21 is already itself a giant pace in efficiency, I doubt that Bitmain has another ace hidden that it plans to release after the halving to screw everybody! This unless they ar already able to do it with 3nm, but with the current geo-poli-eco madness I don't see them bein first in line at TSMC for that. they have no need to put out the s21xp but if coins go to 75k they may decide to put one out.. they always need to pace gear. and with this huge amount coming on line this jump they will not make a new model just yet. The s19 pro and s19 xp came out around a year apart. |
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You all know this doesn't have legs right? I don't think there's been a better sell signal in all of history for anything.
buy 50k in a day! |
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You all know this doesn't have legs right? I don't think there's been a better sell signal in all of history for anything.
I love 💕 you proudhon. |
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Come on BTC, let's get to that $1 trillion market cap and never lose it again. what do we need 52k? maybe 51.45k price does it. |
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yeah do not push to hard.
I just did a 36 second right side plank
and a 36 second push up style plank.
I need to do a left side plank for at least 28 seconds and I will be at 100 seconds of plank for the day.
and did a 30 second left side plank.
brings me to 102 seconds of plank.
they are not as long as I can do at the moment.
but 100k may take time so with luck maybe I can do
40+40+40 by march 1 and then 50+50+50 by the ½ ing.
off to my home made chicken soup for lunch.
working on the diabetes. i finally needed meds. dropped a1c from 8.4 to 6.8 looking to get to 6.0
also looking to drop cholesterol form 105 to 70. this is the bad number as there are 3 numbers that make it up.
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Og nasty, basically I do 35 to 40 push up a day but today I tried going past that number but I almost broke my waist Lol but however, am gonna continue trying to pass that number but Og Nasty by then my muscles must have added ×2 but it is worth it because looking at the price of Bitcoin as at now it's $46,187 and from how it's been moving faster since yesterday, it's very obvious that $100k can be obtainable hence it should be something that should boost everyone's morale and confidence spirit to be part of this challenge.
I think I've got a new task now to fulfill each day but Og Nasty if I break my waist be ready to take me to the hospital Lol!
I might be right there with you. I can't say I've experienced any waist pain yet, but my elbow is feeling the pain a bit. I broke it last summer and it was out of commission for a couple months but I thought I'd rehabilitated it enough to be good as new. Apparently not as I can definitely feel it now. I'm going to push through it though and see how it goes. As long as I don't need pain meds to function, I'll stick with it. Today's push-ups seem like they're going to be a bit of a challenge, but I'll get through them as if Bitcoin's rally depends on it. $47K! did the bike 🚲 and the rubber bands. going to plank next. |
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It's great to hear that but I'm too lazy to do 100 pushups a day but why pushups only we can do something that anyone can follow not only a few people. Here's my take on it, I will walk 100 minutes a day without taking breaks until Bitcoin reaches $100k.
I'm sure walking 100 minutes a day is much better for health than 100 push ups, and it can be done by anyone even the old guys. I believe Phillipma1957 and others can also follow the walking challenge as that will be helpful for their health also.
Well I already have a work out routine. Due to diabetes I effort to ride the stationary 20 minutes after every meal. All the while pulling rubber resistant bands. I also walk two to four times a week. My new doctor wants me to add core work. He suggested crunchs but they feel wrong where my mesh was added under my umbilical hernia. Pushups are also a solid strain on the mesh. But side planks and pushups two handed planks seem doable. I feel the core getting worked but I don’t feel too much strain on the mesh. off topic anyone watching San Remo 2024 music festival? |
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48K in one hour BTCBTCBTCBTCBTC
Every time we drop a bit it comes right back. |
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$47k, Gentlemen.
Day 5 of the COPA v Wright trial. Dude is getting dog-walked hard 😂🍿
He's going to lose so badly due to the volume of lies he's spouting in testimony.
I don't know why people put themselves in the lime light like this to be made an absolute fool of. I guess they see dollar signs over sense mostly. I don't know. Truly strange. I find a lot of peace in just living a non "ruffling the feathers" lifestyle, but that's maybe just me.  he is likely delusional and insane. |
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https://newhedge.io/terminal/bitcoin/difficulty-estimatorLatest Block: 829661 (10 minutes ago) Current Pace: 110.0058% (1086 / 987.22 expected, 98.78 ahead)Previous Difficulty: 70343519904866.8 Current Difficulty: 75502165623893.72 Next Difficulty: between 81369055774156 and 83115003780222 Next Difficulty Change: between +7.7705% and +10.0829% Previous Retarget: February 2, 2024 at 10:35 AM (+7.3335%) Next Retarget (earliest): Thursday at 4:01 AM (in 5d 20h 54m 5s) Next Retarget (latest): Thursday at 10:31 AM (in 6d 3h 24m 19s) Projected Epoch Length: between 12d 17h 26m 18s and 12d 23h 56m 31s still whaling |
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I see you've made peace with your nemesis I had a good laugh so I tried to give you some points but I gave you 50 over the last month. @ JJG I fixed the misquote. Not quite sure how it did the wrong person. myself vs homerx must be all the planking I have been doing. |
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I end up finding this situation funny. We are +10% above the target pace. And then we have blocks taking half an hour to be mined.  Probabilities and luck are always paying games with human minds! I'm watching the races right now and it's the 8th favorite under 5/4 so 2.25 odds to get trashed in a row, I almost feel tempted to put a bet on the last horse of the day without even knowing his time form because we must have at least one winning, right, after so many loses! Same with blocks, if you're paying the minimum fee but you're in a hurry get ready, for sure the next block will be half an hour late!  121% in a single epoch is against physics and economics, noway on earth it's going to keep the pace, we will end up with a small increase of 2-3% IMO.
we all knew 121% was out of discussion but.. Latest Block: 829550 (21 minutes ago)
Current Pace: 110.6209% (975 / 881.39 expected, 93.61 ahead)
Next Retarget (earliest): February 15, 2024 at 9:19 AM (in 6d 12h 50m 31s)
10% is still madness ? I expected it to drop like a stone in the next few days but seems not slowing that much down, in the last 24 hours we had 148, 24 hour before 159 blocks, I know S21 are being put online everywhere but are they really that many? @stompix, the halving is going to be brutal regardless,
I have the luxury of not caring that much anymore, even if I start losing money the growth has made up for it , I'm in a "bring it on, show me the worse" mode. But the rest, I don't ant to be a miner with 100+ asics on more than 6 cents two months from now! With one exception, if it's not my money but investors in that gear, then I couldn't care less also! well six cents has basically almost always worked. i am interested in seeing what it does. |
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Thanks again buddy lets do the big push tonight.
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