https://newhedge.io/terminal/bitcoin/difficulty-estimatorLatest Block: 828303 (a few seconds ago) Current Pace: 106.6479% (1744 / 1635.29 expected, 108.71 ahead)Previous Difficulty: 73197634206448.34 Current Difficulty: 70343519904866.8 Next Difficulty: between 74987693912964 and 75079599442511 Next Difficulty Change: between +6.6021% and +6.7328% Previous Retarget: January 20, 2024 at 9:19 AM (-3.8992%) Next Retarget (earliest): Friday at 12:22 PM (in 1d 18h 30m 26s) Next Retarget (latest): Friday at 12:45 PM (in 1d 18h 53m 19s) Projected Epoch Length: between 13d 3h 3m 19s and 13d 3h 26m 11s |
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I read all of the above and no one refers to rising fees. I see the highest stretch of fees ever has occurred in the last 13 months. see below  those number will grow after the ½ ing and as much as they do this time. in 2028 even more. |
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What we need is more curly haired scam artist twats who drive a Corolla and have ugly girlfriends to boost the market.  Why am I always out of merit when the gems are posted?! I lol'd  here is some more for you to play with |
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I do not handle My wife of 37 years. I let her handle herself she does well at that. I found out years ago pushing people into the slots you want them it does not lead to your own happiness. |
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It depends. Mining takes a lot of investment—equipment, electric bills, internet, and more than you can imagine.
Electric bills and internet are running costs, not investment! but it is possible if you can afford it and are knowledgeable about building a fine and efficient mining rig.
Nobody builds mining rigs, you buy an ASIC, you put it on a shelf and you power it on, the only time the miners decides on efficiency is when he buys the type of gear he will mine with it. Bitcoin mining was profitable but now gradually decreasing mining hash rate regularly.
Yeah I can see that decrease:  100% up in a year /S So that when you join a mining pool, you have the opportunity to be able to do more creative things within the circle and industry, and as well you need that funding to be able to do quite a number of things, for example, an affordable electricity, to earn rewards that you are planning or that you are aiming in the mining industry even if it is not monthly though.
Creative things , like? Writing poems about bankruptcy or what? I have a feeling that more times passes and Bitcoin grows as well as adoption the more of a mystery mining begins to look to some, much like religion! I mean seriously, it's basic business, you have x and y, just as you plan a donut shop near NYPD headquarters or a pork ribs food stall in Riyadh, it's pure economy, you have the means or you don't, cost and profits, 5th grade elementary school economics. well the donut shop near the cops will work. but the pork ribs I am not so sure. |
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Totally Off Topic but sort of related:
Godzilla Minus One is such an epic masterpiece movie by the way.
One of the very, very few movies I am liking more with each watch.
Probably in my top 3-5 movies of all time along with Back To The Future and Superman The Movie.
It draws a lot from the early Spielberg era but I think it's actually better than the likes of Jaws and Jurassic Park now I have to conclude.
The fact it's in Japanese only makes it better for me.
Hollywood, except for Quentin Tarantino, has become quite terrible at writing good and interesting dialogue.
Jaws was really really really good. The book was also really really really good. Not sure if I saw Godzilla Minus One. I did watch the apple series With Kurt Russell and his son it was okay. |
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satoshi would be say 30+110= 140 years old. more power to him if he pulls that off. |
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We should not necessarily presume that people are going to necessarily want to pass down their wealth, even though they might not mind having extra wealth at the time of their death because no one can really know how long that they are going to live and a lot of folks fear outliving their wealth... so there can be quite a few comforts that come from being able to at least not being extremely worried about money in your old age... sure maybe there are going to be some discomforts with greater than expected needs for budgeting, but the restrictions in the amount spent might not end up being overly taxing on the person's comfort if they might have already accounted for the possibility that they would not be earning income from work after a certain point in their lives.
It's true that nobody knows how long they will live and some people worry about running out of money, but we should also think about the good things that can come from passing down money to our children and grandchildren. Some people have the nature they keep the money safe and never give to anyone until they die. Let suppose a person have invested in Bitcoin and h/s suddenly gets die and no one knows about his/her investing. So where these will be gone? In conclusion an old person who has the money so h/s should give money to their childrens who know better where to invest. It's normal to worry about running out of money as we get older. But we shouldn't ignore the good things that can come from giving money to our family. It can make us feel safe, leave a lasting memory of us, and help us when unexpected things happen. So, it's reasonable and smart to think about passing down our money. please stop the merit fishing my kids are dead and my grandchildren were never born. I have no one to give my money to. I likely will give it to two children that were adopted iby my wife’s first cousin. They could use a nice surprise one day. |
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fuck buddy is on a roll and you two fuckers interrupt it. We are looking for forty four k by Tuesday.   well they broke the roll. but maybe just maybe godzilla gets buddy back on track. |
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fuck buddy is on a roll and you two fuckers interrupt it. We are looking for forty four k by Tuesday. |
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$43K in a bit
$43K in a bit took a day hahaha. but it got there as we both called for it to do so. dare I say 44k by Tuesday morning |
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I have no idea.
I have a ladder down buy set at
38k
37k
36k
35k
34k
33k
I have ladder up sell set at
50k
55k
60k
65k
70k
So I simply. sit and wait .
while I mine and hodl in the 39k to 49k range
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-snip
ohh boy they even dropped it $400! That is nicely priced for PA. It is a rural suburb west of Philadelphia. That home near me in Howell NJ would be double the price with 27k property tax. For me if I was at f.u. status it is enough house. Although there is a decent horse farm in south jersey I would buy as the out buildings are magnificent and I would finally have the space I want. House needs 100-200k in work. Wife would not move to either place even if I have the $$. |
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So the summary of the two above comments and some rough math, the s19j for $3473 will produce in revenue about $11.35 per day. If you have "free" electricity, if this were to continue, your miner would be paid off in about 306 days. The next halving will happen during those 300 days, so it will obviously extend past 306 days.
Is this summary reasonably accurate?
No. coupons reduce price to 2431 . If you have limited free power ie you can run 1 of these free its cheap. first 90 days you get back 1000. Next 90 days you get 500. So if it arrives feb 5 or 6 you get a lot back fast. If you have free power. |
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I know previously (I am pretty sure it was before 2020) some of us had talked about filthy rich status, and I think that my own number had been $40 million, but then since 2020, I would probably feel that I would need to at least double that and perhaps even go a bit more in terms of labelling what might be filthy rich status, and so maybe I am considering filthy rich status and whale status to be similar kinds of things.. even though surely these definitions in terms of the wealth of a broad class of bitcoiners has considerably change through the years, too... meaning the amount of BTC it takes to reach some of these kinds of thresholds have dropped in exponential kinds of ways.
40 Million $ is a huge number and this must be because you are investing in Bitcoin for quite a while now. I think that we were talking about very high levels of rich rather than merely getting into some various multiple of fuck you status, and maybe referring to being able to afford yachts and planes and things like that, and yeah, not everyone agreed with my own personal assessment that $40 million would be enough to cross into such territory, so yeah, now maybe $80 million or $100 million might be needed for the same assessment of filthy rich status, especially after the enlightening happenings of 2020. My numbers are very low compared to that or you can say negligible if compared to your numbers.
You are probably talking about fuck you status and multiples of fuck you status rather than filthy rich status.. I think that there is a difference.. ..and maybe filthy rich should be at least in the minimum of 40x fuck you status, and since entry-level fuck you status moved up from $1 million to $2 million, therefore entry-level filthy rich status likely moved up from $40 million-ish to $80 million-ish. But I am comfortable where I am standing right now and I am sure I will be in better position if I keep investing like that for coming years.
You don't even need to make it to western level default fuck you status at $2 million to be greatly comfortable, and even some folks could get by on way less than $2 million which produces a $6,666 per month income, and yeah if you are able to live comfortably with $666 per month, then $200k might be your entry-level fuck you status. you are in the better of positions to be able to make assessments about your own situation and needs including hopefully anticipating present/future needs. At least I don't have some of the bad habits of getting involved in shitcoins or trading, even though some people seem to think that what I do is a form of trading, which I deny it, but just the fact that any of us is keeping some of our coins on exchange can have some of its other problems.
There is discussions about Alts and there airdrops in my community. I am the only one who talked about Bitcoin. Though people who have good fortunes in Alts but they are not for me. Seems better to not get lured into crap, but sure each person has to make those kinds of choices. By the way the exchange matters reminds me to hate to even say how I was rescued from a few of my mistakes, but I had some quirks that were kinds of dumb luck in terms of how and/or where I held some coins, and I had also some mistakes in which I engaged in transactions to buy/sell BTC person to person, and so I sent the BTC after receiving the cash, or I would give the cash after getting at least 1 confirmation that the BTC transaction had gone through. And I had a couple of mistakes in regards to those kinds of transactions that show some people to be less honest than others, and I also had some honest folks come through too, when I accidentally sent my BTC transaction two times... but did not realize it until the next day. I guess I am lucky too that I had never (so far) gotten physically robbed when engaging in person to person transactions with strangers... which did happen to some folks even though maybe it was not always for significant amounts of money.
We all do mistakes and there is nothing to worry about. This is how you learn and get experience. I have few terrible experiences in Bitcoin which I even hate to recall but such mistakes give you life lessons and make you stronger in life. There are all kind of people in crypto with which we interact, I have few nice people in my circle while I have a folk who scammed me despite the fact we have a trusted relationship. Sometimes we don't know until it happens, and sometimes we see red flags that help us to proceed with caution. We cannot always know when the red flags are enough in order to create sufficient boundaries and/or not to get further involved with such persons... Oh and by the way, your own assertion that you are likely still in your earliest years of BTC accumulation likely signifies that you should not be considering selling on the way up, even though buying on the way down can be a good practice, buy still whether you even need to buy on the way down depends upon where you are at in your own bitcoin accumulation journey.. because sometimes just buying no matter what is the even better practice. I think selling on the way up would ONLY apply when you have started to reach a lot of BTC and it still might not make sense to sell on the way up if your idea is BTC accumulation, because selling to accumulate more is contradictory behavior and sometimes might put you in a bit of a pickle instead of just buy ongoingly in order to accumulate. Once you reach a bit of a later stage sell king might start to make sense.. but you would have to assess your own situation to figure when it might start to make sense to sell, even if you are still to consider yourself to be accumulating.
Can't agree more. I am at very stage of accumulating Bitcoins and there is no point in selling them right now. I don't have huge money to invest in Bitcoin but whatever best is possible I am investing that in Bitcoin. I also think that its better to buy more when price goes down, just like we have few recent dips when price went below 40k$. Sometimes you are not really going to know how many coins you are going to need in order to "have enough," so you have to look at your overall situation and maybe where the BTC versus cash prices is at the time, and then you might start to reassess that you might have had transitioned into some new stage or that some different strategy is warranted based on changes in your own situation, including both the quantity of BTC that you had accumulated and perhaps how they are performing in their price dynamics whether you are measuring by spot price, 200-week moving average, or some combination of those indicators and/or other indicators. A wise man once said:
One tenth of a coin's enough,
To set you up good.
That is pushing it. I am not sure if I would go that far, but anyone who is starting their bitcoin journey may well take some time before he is able to even reach 1/10th of a coin, and so in that regard, I have trouble understanding why it would be an amount that someone would be wanting to bet in the context of gentlemen rather than in the context of showing (or faking) how BIG your balls might be. Richy_T made chartbuddy, and bitmover has his own recently created version que se llama: FeeBuddy. I would argue fuck status is 4-5 million Filthy rich is 125 million. I turned 67 yesterday. I would think being able to spend down 5 million at 200,000 a year gets me to 92 and I would truly consider myself in the fuck you status. 40 million is not filthy rich. Some places in USA you need a 5-10 million home. Which will cost well over 200k to maintain. If you want to have two homes in two states you may have to lay out 20 million and spend 400 to 500 k yearly on them so your 40 million is too low. Yeah I know I can get a three million dollar castle that is nice and it would be cheaper in the right state. but I would say I am not filthy rich if that is what I want to do. here is a nice home in Pennsylvania https://www.trulia.com/home/3-whisper-ln-malvern-pa-19355-61489369it is a 'bargain' so to speak 1.6 mill 7500 plus feet 5 plus acres 22k real tax but it is deep into Pennsylvania not a location I want. now here is a house in Spring Lake NJ. I like the location just off the beach https://www.trulia.com/home/1805-ocean-ave-spring-lake-nj-07762-3937132112.4 million 9000 plus sq ft 0.5 acre lot real taxes 62,000 plus If I were filthy rich I could buy the two homes above and have this in Miami https://www.trulia.com/home/700-ne-26th-ter-3101-miami-fl-33137-2055586542hoa is 45k a year. so owning these would be well over 16 million and paying to them year is over 100k easy peasy. So 40 mill is not enough which means I would rethink your 40 mill number. |
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So basically it looks like this e9 has helped kawpow profit more the last two three months.
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I think sig camps won't go away, but the mixer ban came screaming and with many warnings. The thing with mixers was that they were common targets. We can argue that casinos or exchanges could get seized for operating illegally sometimes as well, but it is an uncommon phenomenon, whereas mixers are in almost every nation considered unlicensed money transmitters. It is a matter of time until all are shut down, and that's the excuse for the precautionary measure, as I see it. What we need to consider is where we're heading to in terms of legislature. If we start treating mixers as illicit entities, then it won't be late until every privacy solution is deemed as illicit. Whirlpool? Tagged as money transmitting service. Joinmarket? Tagged as money transmitting and obfuscating protocol. Monero? The same. yep. and screen tx that some pools ban. btw that removes the single best feature of btc. the ability to move wealth from an oppressive government to a ‘free’ it is the end of btc as a safe wealth storage. for instance all those old untouched addresses from 2009 to 2011 could get frozen and not allowed to send their coins simply because a government declares them abandoned funds. |
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First is break down of gear.
I know from the 1000 plus asics I owned and service 5-10% suck even when sealed and shipped from the factory.
we just got 26 s19xps factory sealed
one had a dead fan.
one never passed factory checks
they test all s19xps at the factory.
25 of the 26 passed the first ½ hour test and the second ½ test.
1 failed every time.
yet it was still sealed and shipped. so expect 1/26 or say 5% to be doa.
this one needed a replacement of the controller.
the other dead one had a bad fan. s19xp use martech and they fail often.
So if you buy a lot of gear 20plus s19xp’s expect a 5% issue
I consider 5% of gear new broken
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At 8% if it will be the case this is going to be the largest jump in hashrate ever, of course it comes after a decline but still it might go above 40 Exashah, the previous records were 34 and 30, it's just insane how it keep growing. Fees down, price recovering a bit, with this ew jump we're going back to 7.5 cents per th/s. Also fees in % reward has hit a new low of 5%, lowest point since November. And riot is planning 100 exahash till 2025 Funny thing, with all these swings 4% down and 8% up the hashrate still looks just as distributed as previously, as If every single thing is affecting all pools nearly the same with little variance. more salt above |
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https://newhedge.io/terminal/bitcoin/difficulty-estimatorLatest Block: 827797 (3 minutes ago) Current Pace: 108.1361% (1238 / 1144.85 expected, 93.15 ahead)Previous Difficulty: 73197634206448.34 Current Difficulty: 70343519904866.8 Next Difficulty: between 75227911099053 and 76153220048702 Next Difficulty Change: between +6.9436% and +8.2590% Previous Retarget: January 20, 2024 at 9:19 AM (-3.8992%) Next Retarget (earliest): Friday at 8:02 AM (in 4d 23h 54m 38s) Next Retarget (latest): Friday at 11:48 AM (in 5d 3h 40m 32s) Projected Epoch Length: between 12d 22h 43m 10s and 13d 2h 29m 4s big move up if it continues we have a new ATH in under 6 days |
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