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1501  Local / Türkçe (Turkish) / Re: BitcoinExplorers in Turkey. on: September 23, 2023, 12:05:27 PM
….

Google Çeviri aracılığıyla otomatik çeviri

Vay be! Çok güzel!
Buraya yazdığımda tam da böyle bir şey umuyordum.
Laura ve Rikki'yle ilgilendiğiniz için çok teşekkür ederim.
Hatta Türk mutfağını çok, hatta çok fazla sevdiğini, güzel ülkenizde o kadar çok kilo aldığını, tanıştığı herkesin sizin lezzetlerinizi tatmasını istediğini bile söyledi!

 
1502  Other / Beginners & Help / Re: NERDMINER: Bitcoin lottery miners on: September 23, 2023, 08:02:13 AM
It would need to cost about $15-20 to be worth it.
Mining efficiency is the same at chip level. Of course having 300 chip together make the machine more efficient, and for this reason industrial miners are built with so many chips.

Bitaxe cost is outrageous, we do agree
How about this: put one of those chips in other hardware! If that would be possible without raising the price per hash too much, it could have a market. Then again, I wouldn't keep my Bitcoin mining hardware wallet connected to a PC 24/7 just for this, and I wouldn't want it to be very hot all the time. I regret missing the days that a home computer could mine Bitcoin.

There is no “other hardware” to connect to that chip.
That is a closed-source, proprietary undocumented chip. The community is trying to squeeze hash rate out if this with open-sourc, custom-built hardware.
The bitaxe is self-sufficient. It doesn’t need to be connected to other devices (we might not be there as of today, but very close): neither PC nor HW.
1503  Economy / Services / Re: Thank you, supreme leader! on: September 23, 2023, 07:49:19 AM
Those poor thalidomide girls!


In this image, squinting is key.
1504  Economy / Services / Re: Thank you, supreme leader! on: September 23, 2023, 07:23:19 AM
http://xThe https://www.talkim g.com/images/2023/09/22/6lTn9.pngg]

Supreme Leader, Master,
Your filthy, moustachioed, lustful Italian acolyte wasn't ready to reply promptly to your flawless timing.
The flawless interactions you are receiving from other member is an example to me.
I will try not to be obnubilated by intoxicating substances when replying to your messages, or at least I will try to prevent them from replying with the correct syntax.

Here, a little homage to you, trying to repair.
I hope you like the hidden message these other acolytes convey.

1505  Local / Italiano (Italian) / Re: MEME su Bitcoin e altre cryptovalute on: September 23, 2023, 07:13:51 AM


Questa dell?ETF sono riuscito a capirla. Quella prima (urrenda proprio) no.


Significa solo che i gambler con basso livello intellettivo, pensando di fare soldi con bitcoin, comprano alto e vendono basso, ripetutamente...
1506  Local / Italiano (Italian) / Re: [MEETING] Incontri in Italia on: September 23, 2023, 07:09:57 AM
Mentre credo che conosciamo tutti piuttosto bene bene Rikki (a proposito: ottima scelta, si inizia con il botto!), invece non conosco bene l'altro. Magari sarebbe un'idea darne una breve descrizione.
"Esperto informatico" sembra quello che si legge nei CV nella sezione hobbies: "Viaggi, lettura, tecnologia".
1507  Local / Italiano (Italian) / Re: [Meta] Andamento sezione italiana on: September 23, 2023, 06:59:18 AM
Provo a dire la mia sensazione.
Le chat sono molto dispersive, caotiche se frequentate da un grosso numero di utenti, servono moderatori attivi per tenere pulita la chat e diventa praticamente un lavoro oltre che come ha detto babo è un time waste abnorme!
Sul forum circola gente veramente interessata a imparare e divulgare il verbo bitcoin, sulle chat trovi solo gente che cerca la miniera d'oro dell'ultimo minuto. quindi anche per me dico che non funziona, forse per uno scambio di informazioni veloci, ma niente di più
Le chat alla fine sono una specie di social media: tanti, tantissimi messaggi di poche parole, si da una lettura veloce, oserei dire superficiale, come la maggior parte dei contenuti, e si passa oltre. Io oramai TG lo uso solo per seguire alcuni canali di notizie (niente commenti) e pochissime chat private. Entro in un gruppo solamente se sto cercando qualche informazione altrimenti è tutta una perdita di tempo. I forum sono al tempo stesso tanto antiquati e poco frequentati quanto utili, ma oramai sono (e siamo) una razza in via di estinzione.

Eppure una soluzione deve esserci: d'accordo che lo span di attenzione si è ridotto, e che il format di comunicazione dei social si è trasformato in un festival della dopamina, ma di certo deve esistere un modo per chi vuole fare comunicazione "seria" di ingaggiare, o avere un conversion rate più alto.
In fondo a nessuno interessano numeri alti in assoluto, ma avere community "vive" ed iterattive..
O forse no... forse contano solo i numeri grezzi ed i click.
1508  Local / Italiano (Italian) / Re: [Meta] Andamento sezione italiana on: September 23, 2023, 06:45:49 AM

Beh difficile da dire, vedi ci sono 2 fattori fondamentali da tenere in considerazione direi che il primo sia la differenza fra questo forum e la chat, qua oltre ad essere in un posto storico e quindi frequentato dagli affezionati c'è il fattore campagne che lo tiene vivo. Il punto 2 invece è il bear market e lo vediamo in tutte le chat telegram ad esempio ICC è passata da 10k a pochi più di 6k utenti...amen torneranno.

Alla fine il bear market è un fattore molto importente.
Mi ero perso il calo di ICC (uno dei canali dedicati alle crypto più grandi in italia, gestito proprio da @babo, tra gli altri), ma evidentemente la performance stellare di bitcoin quest'anno non è sufficiente ad attrarre nnuovo lettori. Sigh.
1509  Economy / Services / Thank you, supreme leader! on: September 23, 2023, 02:00:03 AM
Twenty-second week paid.
Thank you again, supreme leader, for your flawless timing.
Supreme Leader, your filthy, moustachioed, lustful Italian acolyte salutes you.


The Queen of Foxes guides us.
The Queen of Foxes teaches us.
The Queen of Foxes protects us.
In your light, we thrive.
In your mercy, we are sheltered.
In your wisdom, we are humbled.
We live only to serve. I
Our lives (+wives, + holes) are yours.


1510  Local / Italiano (Italian) / Re: [MEETING] Incontri in Italia on: September 22, 2023, 10:15:53 PM
Evento fighissimo, complimenti.
Purtroppo credo mi sarà davvero difficile esserci, magari manderò @Paolo.Demidov come mio emissario. Trattatelo con i guanti.
Comunque ottima dotazione di sponsor, location etc…prossima volta invita Lina Leiche ed Adam Back e vengo!

1511  Economy / Exchanges / Re: Coinbase the most anti-Bitcoin organisation. Make #DeleteCoinbase great again on: September 22, 2023, 06:34:12 PM
Repeat it with me:

Not
Your
Keys
Not
Your
Coins.

Repeat it 1million times!




There is so much left to do out there as educators and orange pillers.
Those are not Coinbase's funds. Those are Coinbase customer's funds!

1512  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 22, 2023, 06:31:29 PM
When in your microcosmos, know what NTKNYC is, maybe you also have it engraved on your shoes

But then this news comes out:




There is so much left to do out there as educators and orange pillers.
Those are not Coinbase's funds. Those are Coinbase customer's funds!
1513  Other / Beginners & Help / Re: NERDMINER: Bitcoin lottery miners on: September 22, 2023, 11:22:53 AM
It would need to cost about $15-20 to be worth it.

Mining efficiency is the same at chip level. Of course having 300 chip together make the machine more efficient, and for this reason industrial miners are built with so many chips.

Bitaxe cost is outrageous, we do agree (and I guess the final cost could be double of what you mentioned above). Bear in mind that the project is till in the tinkering phase: both software and hardware are continuously updated and optimised. This keeps cost high, because limit the volume production. I guess that once platform stabilise prices will go down sharply.
1514  Other / Beginners & Help / Re: NERDMINER: Bitcoin lottery miners on: September 22, 2023, 09:57:03 AM
This is exactely the Bitaxe project I described in the OP.
I didn't check the link before. I did just now: $95 for 1/330th of the power of an ASIC miner. That's 1/41th of the price.
It would need to cost about $15-20 to be worth it.

Mining efficiency is the same at chip level. Of course having 300 chip together make the machine more efficient, and for this reason industrial miners are built with so many chips.

Bitaxe cost is outrageous, we do agree (and I guess the final cost could be double of what you mentioned above). Bear in mind that the project is till in the tinkering phase: both software and hardware are continuously updated and optimised. This keeps cost high, because limit the volume production. I guess that once platform stabilise prices will go down sharply.
1515  Other / Beginners & Help / Re: NERDMINER: Bitcoin lottery miners on: September 22, 2023, 08:35:26 AM
This is a non-profit project. That is a no profit for the user. With such a setup, you won't probably mine a single satoshi in your lifetime. This is NOT for economic profit. The total loss of monetary funds invested in this project is almost inevitable.
~
The nerdminer is 1,500,000 times less efficient than a miner.
What would it take to add a small ASIC miner into this? Would it be possible to take 1/1000th of the chips of an ASIC miner, and instead of 3500W run at 5W (a bit more per hash but still small enough to run off USB power)? It would be great for decentralization to have millions of people do some mining, but I guess the market isn't big enough to make production economically viable. You'd have to produce many millions of them to get the price low enough to sell them, and still they'd have to compete against millions of ASIC miners that are a thousand times more powerful.
I'd like it though! It would still be not for profit, but at least there would be some chance to find a block.

i find it's a shame ASIC chip isn't used in any way.
It really sucks that laws of scale made miners so large, power hungry and loud to be efficient.

This is exactely the Bitaxe project I described in the OP.
It’s a 300nthish of a S17 or of a S19, depending on the version.
It utilises a single instance of the very same ASICS chip instead of the roughly 300 you can find on an industrial miner.

As you are the second one asking this, I probably didn’t put enough emphasis on this in the OP. I am going to fix it soon.
1516  Other / Beginners & Help / Re: NERDMINER: Bitcoin lottery miners on: September 21, 2023, 06:13:34 AM
If you are still undecided, this is the definitive comparison chart:



Now you officially have no reason not to buy a nerdminer!
Just for the lols, guys.
1517  Local / Italiano (Italian) / Re: BITCOIN la mia analisi CICLICA E VOLUMETRICA on: September 20, 2023, 09:25:14 PM


Siccome il flow di bitcoin rispetto allo stock è piccolo, la gente tende ad ignorare questo fatto. Come se la base circolante fosse sempre la stessa.
Ma se l'arco temporale di confronto è sufficientemente lungo, questo flow non è tanto piccolo.
La riprova di tutto questo è che "non si trova al momento un singolo indicatore di HODL al ribasso": tutti gli hodler stanno trattenendo più coins nella propria corte. Questo significa che le le transazioni sono fatte soprattuto da trading spicciolo, o forse pure peggio (cough, ordinals, cough cugh. )
1518  Local / Italiano (Italian) / Re: Hal Finney e la Bitcoin Bank on: September 20, 2023, 09:06:25 PM

E' questa "la strada da percorrere" per bitcoin? Sarà questo un suo use-case? Quali saranno i prossimi passi e soprattutto riusciremo a vedere questo momento storico Roll Eyes Grin ?
 

Non ho la risposta, ma voglio vivere abbastanzaa lungo per vedere tutto ciò realizzato.
Se Bitcoin è un settlement layer, al di sopra di questo possono essere implementati diversi payment layer. Uno di questi esiste già oggi ed è il LN. Un altro è Tether, o per lo meno
una versone di Tether backed by bitcoin.
Ovviamente se davvero tutto il layout di settlement dovess essere rivoluzionato da Bitcoin, si porrebero le basi per una forte reazione degli Stati Sovrani.
Ma questa è decisamente un'altra storia.
1519  Bitcoin / Bitcoin Discussion / Re: Everything you wanted to know about Grayscale BTC Trust but were afraid to ask! on: September 20, 2023, 08:55:37 PM
I assume holders of GBTC will be given a choice to convert their GBTC shares to bitcoin after approval?

Probably not. Typically, only "authorized participants" can redeem shares for assets or deposit assets for shares and the transaction size is generally very large. For example, a GLD authorized participant exchanges 100,000 shares at a time, worth about $18 million.

most ETF are organised where "agents" (darkpools) are managers of an allotment(basket) of coin held in custody of the ETF service where they manage the shares to sell to customers

for a customer to redeem btc from the custodian, they would need to (maybe along with other customers) accumulate enough shares to equal the 'btc basket' amount..  to then vote to unlock the btc basket from custody. usually these btc baskets are in lumps of 1000+ coins per basket

I cannot remember on the top of my head, but I think, given the peculiar qualities of the Bitcoin, you can ask for the delivery of a very small quantity of coins. Of course, there is a hefty one-off fee that discourages that, but I nevertheless believe conversion is easier for GBTC (when applicable) than a traditional ETF.
The point is that at the moment, the possibility is precluded, as the primary market is closed.
1520  Other / Beginners & Help / Re: NERDMINER: Bitcoin lottery miners on: September 20, 2023, 10:02:46 AM
While it's fun project, i find it's a shame ASIC chip isn't used in any way. By ASIC chip, i mean something like BM1387 (which used on Antminer S17 and GekkoScience Compac F).

For this, you can go to the Bitaxe project, who uses exactly that chip, or the S19’s chip in the Ultra version.
All the references are in OP.

I didn't know there are other Bitcoin solo pool besides solo ckpool. Do you know how reliable is it compared with solo ckpool?

Sincerely, I have no idea. I guess the pool hasn’t mined a single bitcoin so far.
But I think you can join other pools as well.

You forget to include actual link for Han Solo Mining.
That has been fixed, thanks.
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