Iranian propaganda office!
Haven't you seen what he's up to lately, Iran destroyed 1 trillion of US equipment in a raid, Iran is the new of the world superpower, Iran doesn't care about sanctions, 6000 US soldiers have been killed by Iran special forces, Iran has destroyed 2 F35 in combat, UK has agreed to pay 2 billion for two spies captured by Iran, all the same bullshit.
His latest piece of comedy was :


He's lost all his marbles!

Europe data is free for everyone to look at it real time:
https://agsi.gie.eu/

The storage is full by 81.55% and was still rising despite NS1 being shut down, it has 907TWh worth of gas and that is enough currently for 21.85% of the annual consumption without any!!! any imports or internal production, gas coming from Norway, Romania, Netherlands or Algeria, and Azerbaijan.

They had to put 10 million square meters, to make it sound so big, they couldn't have simply said 10 square km , it stopped being sensationalist, right?


Yeah bs, there is no such thing, for a city with that high density it's impossible to be self-sufficient, where do you grow all the food, all do you get all the energy from? Look in their brochure, the final stage claims 1.2 MW (again spelled in 1200 KW) of solar panels, like this is going to power a city? NYC uses 11 000 MWh a day!  You can barely power an antspace miner box with that power.


Mao had good intentions too and probably truly believed in them, but everyone knows what some of the consequences have been.
Building a futuristic city at cost of billions for a few hundred thousand people when millions don't have water and electricity from my point of view it's not a good idea, it's not even a good plan, it's straight from the books on machiavellianism.

“next 12 days years are critical.”  

Right after the jump, we were again at 103% over and I thought no, this ain't going to happen but better keep my mouth shut as whenever I open the opposite happens, right now we're at 97.5% so maybe maybe...

As for the ETH thing, If I were to go full bear mode I would think of it like this, lot of power and buildings and contracts that suddenly instead of splitting $20m are going for a single one:


So of course a lot of them will simply have to stop and maybe switch to bitcoin mining, especially if they have all the above paid in advance so they could offer to host some miners. To be honest I know like 0.1% of the inner economy of GPU mining but even if I'm going to take the numbers from digiconomsit with a bag of salt there is a whole lot of power that was put into GPU mining
https://digiconomist.net/ethereum-energy-consumption/
But this does sound believable, the reward for them was


So that consumption makes sense as this is the upper limit to what miners can spend, which means a whole lot of should say opportunities(?) for ASIC owners who had to stop because of expensive energy to start again? Of course, the more I go with this the more complicated it gets and we have like zero clues about it, the only thing that might give us a hint would be increased activity on the use miners market (which I'm again out of touch with)

Speculations, speculation, but overall bearish on the outcome.

This is your wallet talking not your belief in Bitcoin.

If you appreciate freedom then the last thing you should advertise for is pushing your opinion and forcing others to follow what you think it's better for them and not giving them the freedom of choice. Are there millions wanting to use fiat instead of crypto, their choice, are then millions buying shiba inu instead of bitcoin, again their choice, the moment you start to force anybody to sue something they don't want it stops becoming the utopia you think it is.

I am as maximalist as it someone can be, despising shitcoins from the bottom of my heart, but forcing just one solution sounds like the struggle between AC and DC, the ICE engine and many others, not even bringing the whole religion's stuff into the picture.
All here are for open source, for freedom, for an alternative to the current system and then we should use only one and not try to anything else?

Each coin has its own difficulty, right now Bitcoin is at 30,9T and that will be the one till the readjustment in two weeks. The pool that you linked doesn't even show Bitcoin, it only shows the two clones, cash and sv, so where do you see that lower difficulty?
And where did you get those 379$ a day from...

God, I have more questions for you than you have for us!

Edit
When you're talking about a lower difficulty you mean minimal accepted difficulty for miner settings,  the "d=" value?

Because making it mandatory for a part to inform the other of the reasons for the termination of a contract would also cause customers to be forced to disclose why they would cancel a contract,  since it's a contractual agreement this means clients could end being punished if they lie in it and offer a way for the company to file a lawsuit and ask for damages. And all of this would mean the law would have to supersede the previous one about each side having the right to unilaterally terminate an account opening a complete can of worms with it.

Just because the company doesn't have to inform you why it has canceled your account this doesn't mean you can't file a complaint with your customer protection agency in case you feel you have been wrongfully done or you have suffered material losses which basically offers you the same way to protest against the decision.

Anyhow, as usual with those complaints, OP has thrown an accusation, not a single screenshot and gone he is...

The thing is that that volume would be minimal because we would each have  to get our share of the profit, so hugeblack would have to sell to you at a premium, I will take my fee, and all of us will have to pay for bank transfers and so on and in the end if you would want to sell those coins again you will have to add all that on top of your profit margin so nobody will buy from you until the price goes up.

While on CEX you can make trades for a change of 100$ in price and still get profit with the minimal 0.05% fees doing this over lb, bisq or anything else is impracticable. And speaking of LB, they do release their volume, and it's quite low,  $8 million a week, just over a million a day. And even Bisq release those and they are far lower than LB.

Rather than calling those trades I would say people over LB,LC Bisq and others are buying coins, like buying and keeping them in their stash rather than trading in CEX where you buy and sell them over and over for each 1% gain.

How the hell Bitnner was an American expat living in Romania when he was born there?
He is a Romanian citizen with dual citizenship residing in the country where he was born, where he lived most of his life and he got the US citizenship just to help him with his business which by Romanian news was beyond shady, he was accused of quite the fraud.
https://www.romania-insider.com/former-minister-local-businessmen-plead-guilty-in-microsoft-licenses-case-describe-corruption-ring


Second, let's look a bit at the details:

So the "poor" expat had how many account accounts?

Summoning NeuroticFish on this one  and I'm pretty sure he will have to say few nice words about this shady "businessman".
But again, this is not about expats, this guy is not an expat so the whole thing is just wrong from the start.

I'm talking about this:
https://www.buderus.de/de/pelletkessel
And if you don't trust me then probably you would believe a company with billions of revenue from selling just heating systems and every single type of pellet burning for boilers central heating and this is how those pellets are harvested.

As for oak and walnut nobody uses those because despite having a high caloric input they are worth more as furniture, rather than burning a cubic meter of walnut you make a table out of it and buy 20mc3 of beech with that price   And if you think about leftovers, those are made into, pellets .

Oh btw, I can smell where that confusion is coming, pellets, wood briquettes, same stuff for me.


Cause if Germany would cut gas consumption tomorrow there wouldn't be a crisis anymore. If Bulgaria would do the same it would not matter as they burn about 20 times less. If tomorrow Coinfield is hacked nobody will care, if Binance's coins are gone, we're going to go through a lot of pain...

Got me confused for a moment as the links talk about Binance and the title about FTX but seems like they are opening a partnership with both of them but why do they call it an exchange when they say it's for blockchain-related services:


I would love to see more of the above and less about the same let's build a city coin and exchange and hope for the best.


As I said I don't get why doing this when they already had other plans in motion with the support of the government:
https://www.busan.go.kr/eng/bsnews01/1390496


Maybe those have failed and they must show something after 3 years and the only choice was rapidly setting up and exchange?

51% of the volume is fake, for the rest of it we don't have yet proof it's fake!

We all know a lot of the volume is fake, we have exchanges that have halted withdrawals and deposits and are still sending to indexers millions in claimed trade volume, millions as in hundred of millions. The same happens when some exchange gets hacked and we see that despite them making the same millions in volume each day they only had like 1000 BTC in their wallet and they can't even cover that and are going bankrupt.

The only way to get the real volume would be to get all the financial fillings from those exchanges and see the true numbers behind it since it's really hard to claim you're doing a billion a month in volume but your revenue is content in pennies.
I love those moments when somebody comes and asks about an exchange, nobody on the entire forum uses it or knows something about it but when you look at coingecko or cmc you see billions a month in trades, like seriously, how?

As with ownership numbers, I wonder when global usage will indeed increase to some serious levels, what will they claim, trillions per second?

U ok?
I can understand some guys that reply to their own questions in 5 mins but the wall above is really concerning.


Let's hope that the numbers are just like with Celsius, so rather than claiming 1.7 million it turned out to be 300k, so for Voyager, it would be closer to only 600k at most. Still 600k too many but at least fewer people losing money.


Well, we got rid of banksters and we got laser eyes, crypto overlords, apart from the way they are scamming people nothing has changed, nobody is quality of anything, they are still free and even have the nerve of starting new businesses and advertising it.
Oligarchs? Forget them as we have "much wow" bought with 3AC money:
https://www.boatinternational.com/yachts/the-superyacht-directory/much-wow--102627

And from where do you get your news? Putin's bidet maybe?


Then it might surprise you that they not only have the largest number of ATMs, but the largest numbers of businesses accepting it, the biggest stashes of cryptos, the biggest share of bitcoin mining, oh, in short, like everything! Bitcoin is money! You can't have bitcoin without money and you won't find bitcoin usage where people can't afford anything.


I would say that maybe we're around 3% when it comes to ownership and that 3% only for the 18+ segment, and maybe down by an order of magnitude when it comes to users! Because owners and users are totally different things in crypto unlike owning almost anything else.
I was looking at those numbers one more time and it struck me that 28% of Nigerians own cryptos, now according to statista 41% of the population is under 14yo so let's not even think there is a sizeable market there and we have one in every two adults owning cryptos, including those who are in their 65+ as if we would cut even those it would mean every two out of three would be owning some which is ridiculous.

Another cold shower on all this is that right now there are just 13 million addresses with a balance of over 100$,  of course, one can argue that most hold their coins on exchanges but that brings another problem of its own.

We have a long way to reach those numbers and I wonder what will people who claimed now 20% will say when we finally reach that stage, 300% ownership?

No, it's legal, termination of a contract without reason is not an "unfair" contract as long as it gives the other party the same chance of doing so.
Basically, a bank or a merchant or any kind of provider as long as it offers you the opportunity to cancel your contract with them at any given time without previous notice can demand the same from you. There is absolutely no law in Europe where somebody is forced to serve you when it comes to financial services, the only exception is that every EU citizen must be able to open a single bank account in the EU, and that's it.

That doesn't, of course, stop you to file a case for unfair treatment or for damages that have resulted from such but it doesn't prevent them from not wanting you as a customer, and of course, you would have to return all the funds the customer has.

But, speaking of this thread, I got used to those topics about LB with no proofs and especially from users with interesting usernames 

Nobody uses oak or walnuts for heating, and msot have changed to pellet usage for their homes, and those are made out of willow and fake acacia trees, they grow damn fast, are easy to be cut and processed, and require the least energy, mix it wid leftovers from other wood industries and they are pretty effective.
We have such a pellet machine at our farm as the farm buildings have never been heated with gas ever, it's not the most effective in terms of caloric power per cubic meter, about 2/3 that of normal beech but still does its job. As for bamboo, no, it burns so quickly with such huge flames it's not a good idea, especially in closed spaces. Also, some species of willow grow pretty fast, not as fast as bamboo but with higher quality wood and caloric power.


Trees are not fossil energy, and to the surprise of many there is a thing called the carbon cycle:




Here you go again, we need another token...

You must have really weird prices there, I get some really trusted and proven brand 99% iso for 6 euros a liter (if I would buy in 1l can) and the lacquer thinner is about 5 euros, so it makes little sense to use it. Maybe I'm not cleaning the board as others do and I'm on the cheap side but I'm not using one bottle per board at all. Probably the best thing I've ever done is putting an air filter before the intake fan, although I don't know for sure how effective it is as in how much goes through it (I know how much is captured, lol) and the fact that I have a ton of them around since we use those to prevent flour dust accumulation in the wheat mill.

Yeah, but even bad things start from somewhere, and you know the message they are transmitting with this approach?
Bitcoin and other "unregulated" cryptos can't be used in daily life because they lack stability, so better to use a cryptocurrency that is pegged to a fiat currency!
They're using a centralized coin that basically issues IOU coins, they could stick to their pesos or have their own pesos coin or Argentina coin this way.


I think that rather than being about modernization they want a partnership that would guarantee a sort of foreign currency flow, an easy way to get a far more stable reserve currency of some sort without having to exchange pesos to USD which would put more pressure on the already strained exchange rate.

 

Yes, that's how attacks happen, you have to have a way of attacking in the first place and that is hashrate, you're opening  door to someone who can use their hashrate to influence fees at a later time with this system, and no it's not about the current block.


Yeah right, lets be honest here, no one is going to tune their nodes each time and again, we're opening another door to abuse and to a lot of forking, like a ton of forking when some nodes reject and some approve but in the end no matter how people tune it up the nodes accepting the blocks on the chain with more work will be the ones deciding it. Unless you want to change that too which is not ever going to happen.

For the next paragraph, I admit I must re-read it early in the morning with a hot coffee as I can't make head or tails of it, so the next thing


Yes, and how is this going to be calculated and relayed between nodes, and now it is going to be inserted when there is no place for it right now?
There is no way proof of shares received by one node right now could be transmitted and accepted by another since nodes don't communicate this at all, so again, how are you going to do this without a fork? How would a node know that you have a commitment for the next block and how could another node validate and store your claim?


If you're a small miner, as in having an S9 and making right now 1$ a day, assuming 3 cents kwh you're already flat, and if you have 6 cents you lose $1 a day, so these guys that are still trying it this way would probably try to get a solo block rather than selling tx free coupons,  if you have a newer machine like an s19 you make around $300 a month so you could simply wait for a month and get paid a more sizeable chunk, even assuming that half of the entire hashrate is generated by such single machine cases (and you know it all too well it's not) a payment a month won't cover more than 3% of the chain capacity. I really have a feeling we're trying to find an overcomplicated solution to an almost non-existent problem.

Yes, it is going to be a problem, PSUs are known to die when in high humidity, and ASICs while they don't break as easily they do end up dead if you are not careful, there are tens of stories here about how bad humidity is, remember that the boards are not sealed in.

What happens if a miner or pool decides to turn to this system, generating those shares and then selling to themselves, how will that affect the rest of block generation? Because a single entity like Foundry could almost clog the network with just a few days of work and lost fees (which are right now 1% of the whole reward) The fee also acts as a way to prevent spam, by incentivizing miners to include zero fees tx you're just turning the blockchain more vulnerable to spam where lower fees would take priority space, secondary I don't see how this would work with thousands of small miners getting their "shares" of each block each day, without further more affecting the limited space.


How would you do this as this would need to store each miner's contribution from the previous block to the next one and that is not happening right now?


There is LN, and anyhow, home mining for BTC will probably be completely dead in a few years, right now is barely breathing.