Also keep in mind a good potion of that power is not for mining but for cooling.
I am unaware of any air conditioned farms of scale in Texas. I am aware of forced air and passive cooling via water wall much like a swamp cooler. Some water pumps as % are a small fraction of consumption. They are very unlike a traditional datacenter. |
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Well an election is coming up (US) and it's time roll out covid again on the brink of WWIII with Russia (yet another proxy war like Cuba/farc, Vietnam, Afg now Ukraine). China is a wild card. Who knows, play it safe whatever that is now.
Bitcoin is world available but it's tightly linked to the US economy because that's where the money is. Enter the BRICS 11 from stage right and partially give the petro dollar a run? Dunno.
Lots of variables in play me thinks bigger than betting on a halving.
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The whole "anit-college" movement drives me INSANE. Here's the facts, the majority of the human race are complete idiots. It's obnoxious how uneducated the average human being is, and this is leading to very noticeable "complications" with ourselves and our planet.
Now which one is a better invest just depends. Most people will not become educated unless they go to school. Those whom would really spend the time to give themselves a college level education, okay college may not be necessary for them (just depending on what they want to do for a living).
I have allot of college educated idiots working for me. Looks like they wasted their money. I make more than my doctor does. It drives me ISANE how these smug college buffoons insiste on how much better they are and somehow deserve more. Me to most college educated folks "I like a large iced coffee" |
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This way outside my wheelhouse but it's something I am starting to look into and learn more about. As I expand my horizons this is starting to become a concern, transactional time and cost.
If the difficulty was reduced would that help?
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I dislike the comparison between gold and BTC but here I go.
Gold isn't backed by anything but cost it takes to mine it. But it isn't capped.
BTC is created by the electricity it took to mine it providing some likeness of a backing.
BTC like Gold will back itself through scarcity and market cap. As the market cap grows it will become more stable backing unto itself.
Like someone said, maybe use a different product for the desired 1:1. As much a we would like to wish BTC to be the universal cure all, it isn't.
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Where are you getting you data? How are you compiling it? Have you looked back 5 years and linked the news to these data points?
Please tell me you are not getting your predictions form here, youtube or reddit and the like and passing them off as data.
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Too many variables for a blanket answer.
I see opportunity cost and leverage. But the property and borrow against it for the education.
Boom, done.
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In order for Bitcoin to be widely used for payments, it is necessary to stabilize price fluctuations.
Question,
Bitcoin and other currencies A and Prepare B.
A and B are equivalent exchangeable and can also be equivalently exchanged for Bitcoin.
Is it possible to stabilize prices through market mechanisms due to this?
Right now I don't want it stable, I make money from it's volatility. In time at the market cap grow singular incidents will have less and less impact. BTC is kinda linked to the US market but as the globe catches up it will dampen that influence. In time it will become stable as you suggest. If I use BTC for a purchase (rare) I buy the BTC the day of and spend it. This is the idea behind bitcoin cash BCH, which I have used a couple of times. |
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These things take years to come to fruition if not decades. They are sitting on a high avg but now and in the short future they can blend it down if they have the cash. BTC exist there alongside the US dollar so I think they will be okay. Countries (the people) with out of control inflation stand to gain the most. The thing to watch is how evil entities like the IMF treat them.
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Non-lethal weapons or equipments should be used for cases that don't deserve death, but it seems they are mostly equipped with lethal weapons for such situation.
And police need to start by talking to suspects with less harsh tone which could be increased when they refuse to comply. That could lessen the tendency by the innocent to flee due to fear of being killed.
A guilty suspect will likely want to flee even with less harsh tone while non guilty ones will not
She attacked the officer with a lethal weapon, her car. Officer responded in kind. Tone? Please so stupid, she was approached normally, her failure to comply lead to the escalation and in kind response. Stop defending criminal activity. If that was you family member attacked with a lethal car you would feel different. "Oh I am glad my son died being run over by a criminals car, at least he didn't yell at him, what a good biy he was" |
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My thoughts are with the officer and his family. I am glad an innocent person serving and protecting didn't get hurt or killed. She earned her fate. Do stupid things earn stupid prizes.
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Nowadays, globalization is the new normal thing now people don't want to be dependent on any natural resources anymore now importance is being placed on more reliance on renewable energy. SDB College of the United Nations is one of the 17 goals of renewable energy and the electric vehicle is one of the tools of renewable energy.People have now become dependent on electric in every field, in every field of life we are dependent on electronic now currency is also becoming electronic.Electric cars will be powered by electricity. It is a wonderful invention of the modern world. Currently, we are using it by natural resources. But expect everything to go by strength going forward let's go.The biggest obstacle to electric cars is that oil-dependent countries will naturally oppose them, because if the number of cars increases, their business will go down and they will fall behind to lead the world.That is why the development and use of electric vehicles will take a lot more time and the current situation will take some time.Many countries in the world, including Saudi Arabia, are trying to reduce their dependence on oil by 2030. They are moving towards renewable energy and if they can be implemented, the use of electric cars It will become very easy to use and implement and the whole world will become a regulation very quickly, and we will be able to establish communication with all countries very quickly.I believe that by the year 2100 the whole world will start using electric appliances and the use of non-renewable energy will disappear.The development of electronic cars is going to be very fast, there will be some hurdles, but it will be solved because now smart way has come to the world and smart car is needed for smart world that is electric the car.
Some of the FIRST cars were electric, it not a modern thing or invention. But right now they suck. They cost more money to make than they are worth. Pretty much ALL batteries come from China, the worst violators of the environment period..... So this isn't working as it sits at all no matter how much pixie dust you throw at it. The whole world will NEVER use all electric, thats just crazy utopian talk. |
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The swing between each having is calming down and there is not allot left of the scarcity left to mine. what 10% ish ish? 5-6 around our current price, not large percent of the market cap anymore. The US economy housing and market will be entering some bubble trouble near then negating any spike. If I do see a sharp FOMO rise I will take peoples money and wait for it to simmer back down.
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Your only going to get maybe at best two miners. Not worth the trouble. The days of garage mining are basically over.
Like allot of people said just put in actual bitcoin itself, DCA or lump some read allot
Good luck
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Well you can rent or lease property for cash flow. It would be safer to borrow against real property vs bitcoin.
Real estate US is about to tank at about the time BTC should boom.. I would take some profits and cement it in real estate.. Just my opinion
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If you had done anything at all you would have informed us in a constructive way and asked for input.
I'm calling you out, show us your verifiable work? Papers. RFP's? Thesis?
You see just some of my work started a Beowulf Scyld, Penguin, Dolphin wide band memory, Lawrence Livermore Lab and Fermi Lab. Some of my work ended up a CERN as well. After that Sr Engineer at a fortune 5 company. I would stress test these systems with science applications such a folding proteins for Stanford university. Think over 10,000 processors in tandem. I've dropped more ones's and zero's before lunch then you will in your life.
ad hominem fallacy (or ad hominem) is an attempt to discredit someone's argument by personally attacking them. Instead of discussing the argument itself, criticism is directed toward the opponent's character, which is irrelevant to the discussion.
The keyboard buffer allows you to a real tough guy huh? Would you talk that way in public? I doubt it. It would take a PHD in dental reconstructive surgery.
Pay up, let's see your greatness oh smart one.
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Search for video's such as Ray Dalio's all weather fund, Boglehead portfolios and search "3 fund portfolio"
Personally for stocks I like SPY, QQQ, FXAIX. Check out VNQ, Vanguard Realty fund. I dumped it at a nice profit because housing and commercial real estate markets are about to implode. Buy back in after that.
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14 billion is nothing at all at this scale. What 2.8% of market cap?
Elons tweets have done considerably more damage than any institution.
Those whales will add much more stability than a sea off FOMO clowns.
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Well here is project that uses computer idle time to solve various projects. It's basically donating cycle time of already existing equipment. I have been doing this since the late nineties. https://boinc.berkeley.edu/projects.phpHere is the rub, who is going to pay for all the equipment, electricity, cooling, building and time? Science computing doesn't pay at all, never has probably never will. So I task you oh proclaimed smart one, develope a paying model for science computing! Instead of calling people dumb and promoting yourself as smart I have a novel idea YOU do something. I imagine you don't do anything at all. What else are you going to do with all that free time in moms basement? Lead the way oh smart one! |
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Electric cars are "feel good" junk. Just making the batteries is a some total loss.
Most electric vehicle companies manufacture these cars at an extreme loss, how is that made up? Sell more fuel cars.
How are you going to charge it? Ah, most like gas turbines and coal. The power infrastructure won't even remotely handle the load. Need ALLOT more 24/7/365 nuclear power plant to support base load. Here in California we have blackout and demands to reduce consumption including not charging you car! Cali is also making demand to ban natural gas appliances! Whirly thing and solar panel won't even REMOTELY carry that load. It's math not feel god bullshit.
How are low income families supposed to afford this crap, Bidenomics already fucked them hard. With what money?
Wake up.
Think of this... I logged into CALISO (California's grid manager) the in 2018 on a hot day. IIRC is was approx 75,000 MW (equiv of about 50+ nuclear reactors or roughly 17000 high power diesel locomotives.
That same year China ADDED 289,000MW of dirt coal power plants. SO it's futile battle that will never win. We can't change the world by hurting ourselves.
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