Well, the whole point is that it's just as easily able to fall through support as it is to break resistance -- in normal market conditions. But we're not really in any regular conditions, sentiment is so fragile that any development from macro trends seems to send either jitters throughout or boost confidence -- and that only for a moment.

I'd love to say we're headed back to bullish but there simply isn't enough signs of that, while there's plenty of bad news pain left around the corner.

But the methodology is based on cost of power -- you can open the original link shared and dig in deeper. Which is why I commented that this pricing isn't entirely accurate, it's only based on commercial consumption cost by directly connecting to power grids. As you know, not all miners would do that, and not all miners pay the same rates -- like it used to be in China, where they'd be able to negotiate independent rates with state energy providers. If the other stats are true (like from Bitcoin Policy Institute numbers) then most miners already are on renewables and alternative energy sources -- so I doubt most of them are paying these rates.

The data's just indicative of how much you'd pay if you just decided to plug in and mine.

Yup, and we saw that the last rate hike too, all that nosediving happened an entire week before the actual announcement, and as soon as the 0.75 rate was confirmed, we actually saw a recovery. Not sure now how it'll all look like as we look headed down to test 20k again before US Monday arrives, but I suspect we'll see a repeat recovery IF rate is the same. Job numbers actually was surprisingly good so if the rate hike is a little lower than expected then we could very well see a strong surge out of oversold area.

Just came across this, published last month, but don't recall seeing anything like it on the forum, so just sharing.

Original article by 911 Metallurgist, it's got the rates for some other crypto too but I'm just going to share the one for Bitcoin: Cost to mine 1 Bitcoin in every country.


I knew Asia was expensive, but not THAT expensive. Also, I think this is the cost of grid electricity. I know in my part of the world, for example, some miners want to experiment with natural gas generators. Far, far cheaper, no one would plug into the grid!

Kuwait, though!

CSL63's third yellow cap, I knew he was a long-game hustler, watch out for him in the football pools Well done, bastards.

Second sub-10 point race for me, amazed to still be in 6th -- it looks catchable, 12 points away "only" but every race the margins are so tight it's going to take a lot of mistakes for top boys right now.

Anyone else really happy with Hamilton?

Looks like we're going to just about fall short of a Sunday stand, some selling pressure just as N America stirred, and we're only hours away from Asian markets opening, though I suppose the good news is that 20k does seem like serious support. Some FUD from Mt Gox as usual, and then we should hear more about some US and Asian macros next week. See you all next Sunday, I guess.

^^Yeah, quite pleased to have met Pascal on forum, he went on to do some interviews and then introduced us to his wider network of Bitcoin artists, also very cool people and actually artistic...  Offence meant to the majority of NFT artists heh.

Nanu Berks was another we interviewed after they did an exhibit in France, Argentinian IIRC.

Also to note they were part of a broader movement back then (the yellow jackets in France) so I dig those kinds of art and activism. And Bitcoin spoke loudly for them.

Man what a battle. Going to have to tear away to deal with real life but hope Nick pulls off the 4th set to take it all the way. Should end up with a small profit regardless of result, hedged all the way. Live odds weren't as interesting as I imagined. Bookies refused to budge on Djokovic despite the Aussie's serve masterclass in set 1.

Dang, not good for me, but good for the season, still quite a ways for LeClerc to catch up but could prove to be a precious 6 points, but man the gap between 1/2 and the rest of the best -- Hamilton must be grinning ear to ear though with that finish! Nice going, boltz!


Yeah, absolute waste of time, wonder how many people got burned today and every other race where the top 2 favs just don't make it. To just break even you've to win 2 races, not my cup of tea.

Be nice to know what exactly was failed at.

If I had to guess, social responsibility is failure to prevent self-excluded players from creating new accounts, or failure to implement hardcore self exclusion. Think a lot of crypto casinos might be on alert after this.

Money laundering, that's probably bad news for players who hate KYC, and more reason for casinos to request them even if not required (since won't know what their threshold is, they'll just wave that AML phrase to justify).

^ Didn't realise somehow it was always closer before, but I never thought anything below 3/1 was good value for race winner, much less odds half of that! Already have a good start with the Dutch in pole, but very interesting to see all the favourites more or less in the right grid position. Race starts pretty soon, happy Sunday!

Yeah, like Trofo said, good to share all the different promos, lets people also see for themselves which books suit them with sports type promos. Odds alone is usually what I look at but a cashback/insurance deal is very often well in +EV territory.

I've got Nick on the 4-game lead promo, Djoko I already have an outright, Nick handicap +2.5, so maybe another bet on the loser of first set would be my final outlay.

Again, I'm sure we're underestimating just how many women are playing football now -- where there are developments in facilities and training and salaried positions, it's actually really higher than we're used to knowing.

Even in Malaysia where I used to play, in 2007 we'd see more than a third of teams/players signed up for tournaments were women. There was huge demand then, I think now 15 years later it's probably gotten bigger.

I think I know where your country is, but that's more cultural and peer pressure than what women really think themselves -- I think if they made more safer spaces like they did where I come from (as I said, facilities, training, salaried positions, like the men have instead of relying on goodwill and voluntary action), you might be surprised.

I mean if Afghanistan had droves of women footballers the moment facilities and staff cropped up...

Nice tip for Ebden/Purcell @Trofo! HAd to do it the hard way but seems they went all the way every step except QFs. Nice.

Tip for tomorrow, for anyone using Bitsler. Look for the cashback promo (up to $100). Worked a treat today. If your ML selection takes a 4-game lead at any stage but ends up losing, you get money back.


That'll be me tomorrow, just waiting for price boost to replenish

Can't help but feel all bets are off with the next macro event (Fed rate hike) in about 2 weeks though but if that situation does happen before then, should be firmer ground since it'd mean the buying is still able to nullify the bears pricing in for the rate hike. Either way, pleased to see determination from the bulls before Monday.

That's where you're wrong and probably need to look into the game in Europe, not money power but popularity anyway! Barcelona has been setting new records match after match this year with women's football (same stadium, and yes some tickets were given away but most were paid for) and I believe Netherlands actually also has more turnout for their women's national team.

It's a cherry waiting to be picked by sponsors etc.

My problem with that has been the quality -- and I risk sounding sexist but it's still to me in general not competitive enough. The gulf between the strong teams and the bad ones are just so big, both at club and international level. That is slowly getting fixed as more clubs focus on their development at academy level (have to say my own club has been behind in this respect).

Bastardness tends to transcend type of sport. But each season seems to bring new bastards, and I really enjoy how competitive it's become. We have a deal, do remind me if I forget when I win =D


I remember that one, perhaps you'd be celebrating more wins as a casher outer..! I certainly would have on my singles -- last one was Villa leading 2-0 at City on final day and when they were weathering the storm I should have taken 15/1.

5 is actually my limit (and only because of Sportsbet's acca insurance + boost), but they're generally 20-30/1. I do fantasise about those million-to-1 odds I only do with the 0.1mbtc freebets. One day...

Game 1:  80' Atlético Mineiro  3-1

Novak/Nick

a) 23 b) 3.55

I suppose a lot of people didn't see Ons losing, didn't do anything for Women's this one around cause wasn't happy to see odds, but this Rybakina, have to say never heard of her until this final. Don't shoot me if she's top or something, I didn't know about Ons until the last WTA! Yes, I'm terrible I know.


Too late for me reading this, shame. Think a lot of money went on the line, though I still got 2.85 which will be decent, so thanks in advance!