Good going mate. I think I should make habit of using your service. For now I have bookmarked the website and will slowly keep using your services only. I was wondering why there are no google ads? I think you want to keep your website clean or have you not thought about it.
The donation is really nice thing from people, but I hope you can also go ahead of it and apply for Google Adsense. You will be able to get good revenue for yourself and for the future development of website.

Hope so we will see your website search engine optimized soon! Next time I put upload image it should be TalkImg coming up in the search results. 

To the moon mate!

Well it has many case scenarios but one that we should understand is how everything works in this world. First regulations can not be implemented just right away all over the world. There hundreds of countries using Bitcoin and every country has their own set of rules and also they have their own decision making power. For example it may happen that what Germany think might not be right in the perspective of England or US. In similar ways it is highly impossible that every country will apply the same rules. Even with the experience of G20 meeting where India did brought the Bitcoin regulations, it doesn't mean it has been overruled everywhere. In fact there are countries on the other hand like Arab's who are adopting the Bitcoin in whole new perspective, similar goes to the Japan also.

So is it possible bitcoin will get affected? Yes, definitely it will get affected but there will always be one part of the world that will be taking it in positive way so Bitcoin will continue to thrive. It's all about the balancing and due to decentralization it has slippery roads.

Wow man the heater come miner? I am seeing this for the first time and love the idea. I love the ideology behind it but I am really not sure about the calculations that they have shown on the website.

They are claiming that over the period of one year one Heatbit device can generate up to $980 that is just insane and doesn't add up with the mining profitability calculator.
According to CoinWarz, the current profitability can only happen if we have over 100 TH/s of hashing rate with average electricity rate of around $3.00

The device only produces 10 TH/s of energy and cost around 300 USD. It would take forever to get my ROI with this type of device. Either they need to upgrade the Mining Chip to Hi-end processing power or this idea or device is just cool for project purpose.

Though HeatBit is considering the average price of three years, I highly doubt we have profits. We do not know the future of Bitcoin. It's volatility can either bless you or take everything away from you.

I am not sure what do you mean by the mining can be affected by the country's economy where I am mining? The whole concept of Bitcoin does not really follow what you are mentioning here. It's just a currency with value based on the volume that is getting traded, the demand and supply in the circulation and few various factors.

So just like any other assets Bitcoin will also get hampered with the economy but ON the Global scale! How can one countries situation can determine whether Bitcoin mining is profitable or not? It supposed to be entire global economy because Bitcoin is decentralized and it changes the value every where and at every corner of the world in similar ratio. Not a dime up and down.

I am not saying this factor is not valid, I am just saying this is about the entire global economic changes. That can affect the raw material required to produce let us say mining equipment, import and export duties if we are buying from the other countries, adding more cost to it OR the electricity within that country. In this way things can be tricky for the miners.

Haha, I highly doubt that they are going to have Bitcoin Mining as the alternative to oil mining if it runs out. I am pretty sure they have amazing location that gives them high supply of oil and thus they are really safe for the generations to come. You never know how the oil wells could get linked with each other from the ground when one empties the other might just get forced into the channels. Anyways, with the time oil is gonna get costly so even if the supply start depleting it's gonna call for the high price tag and they will maintain their repo for very long.

I highly doubt country which is that rich will have to mine Bitcoin to keep up with the current status quo. They can have gold, tourism, invest more money on lavish hotels and high risers to make it wonder zone of the world and attract all the dollars to their country.

Also, valid point in terms of temperature.

The like or dislike, government approvals, internet all these doesn't matter in this case because the question asked by the OP is hypothetical and merely expression of mathematical problem. I mean other factors that you listed do matter in "adoption" of Bitcoin but that is entirely different course of story. Also just to point it out, though every person in the world doesn't have access to the internet then also the internet connection has reached to almost every continent and country.

If you checkout the statics of 2022, then by means of % a map shows that almost every country has at least some parts where internet has reached. If Bitcoin ever got punched in the world with full legality then definitely others will onboard themselves for using the internet in no time.

Just like every person on boarded themselves to use the fiat even though many of them don't know what internet banking or mobile banking is, but they still did!

Reference to the internet stats:


Image credit: By Jeff Ogden (W163) - This SVG map includes elements that have been taken or adapted from this map:, CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=19202338

The current economic situation can definitely hamper the Bitcoin but I truly believe that it is temporary effect on it. The effect happens because there are always investors who are not entirely into bitcoin and they are entrusted by the reality of traditional economic circle. This means they have very high influence on them when something happens in the market. They can not withstand the fact that Bitcoin is more beneficial when it is hold for long terms so we can not really control the entire Bitcoin movement due to such technical difficulties.

This obviously tells us why bitcoin is highly volatile. There is some bad shit happens in the world and people start selling off their Bitcoin in crazy way. If some celebrity is buying then things are going on green candlestick in no time. I think it's all about the perspective of people and how they look at the Bitcoin. In the long timeline only people with more Bitcoin and higher DCA will benefit.

Better let go what rest of the traditional economy says or does.

I do not concur, it actually adds up more security vulnerabilities since we are already giving away our sensitive credentials to the third party API that means we are no longer in the control of our own account. Imagine on the broad level where a service who is providing the ChatGPT based trading and we have to connect our Binance or any trading channel with their servers. Now, let us assume that hackers do not have direct contact with the Binance server, and they have highly secured data protection (imagination), BUT, what makes this a similar possibility with the third party end? What if ChatGPT provider gets hacked in the first place and thus there is indirect data breach of the users credentials and jeopardizing the Binance data too.


We are not even close to it. What info ChatGPT will pick from the market? Fake news or fake promo's? Will it be even able to differentiate between the true nature of news or not that is also the question. That's why human intelligence is far better and when it is about your money, gosh it has to be in your own pocket and control.

Ok this means data sharding is one of the good architecture for data distribution but the only fact that is not letting us use it us due to "invalidation of tamperproof concept" as mentioned by @Findingnemo.

Hmm, interesting and makes complete sense. Anyway this was just raw concept that was playing back of the mind while reading the Database Sharding. Since it had concept of distributing the nodes into various chunks and then solving the problems in the parts made me think this could be something that is applicable for the blockchain and thus scaling the network issues.


Yes I am also looking at project named NEAR who claims to have developed the Nightshade and it is nothing but the NEAR sharding architecture. I am wondering how they are playing their blockchian with it and making transactions more faster and congestion free.

I don't know, but they claim that their blockchain can literally "handle the millions of users and transactions"

Though I am limited by my knowledge about how this technology actually works but they have bunch of Sharding techniques that are being used to preform the transactions.

I am refering this from the NEAR technical paper here: NIGHTSHADE

I was reading through a very interesting topic on Database Sharding that seems to be designed for handling huge datasets and distributing them to various channels so that single system doesn't have to overload itself.

What I understand from the concept is either you can distribute the data to various nodes in horizontal manner that is increasing the capacity of processing with more number of devices and also it has virtually no limit on how far you go.  Or one can simply start sharding vertically but in that you have to make the machine more powerful.

Will it help in blockchain scaling?
I think the concept is pretty straight. If we are already using huge data or collecting enormous data and perform the confirmations over blockchain then the nodes that are created getting filled quickly.
So if we do apply the horizontal sharding to the blockchain generated nodes then each node can further be divided into more data sets / nodes and thus processing could be accelerated based on more "machines" will be working on same problem.

If Data Sharding is already on the blockchain then how do we know that it is already implemented? Is there any example of such implementation to relieve the Blockchain Burden?

I initially thought that Lightening Network is working on the similar processing however it seems that if Database sharding is implemented then it would be Layer one technology while LN is Layer two blockchain and works "off-chain"

Yeah exactly the thoughts that were running through my mind when I was reading the concept. I mean I also have wild ideas sometimes but I do not put them publicly just to make fool out of me. Lolz. Honestly, I never believed in the automated trading so no bots no AI can take the place of human being to perform he complex task like trading and that too with the real money market. I mean seriously people are daring to take such risks and then blame it on the bad luck and shit.

Now, this concept literally has no basis and there is no point in having "Chat based trading" it seems.

If so then I can just have some patching and coding with the Alexa at my home and ask her to add "0.005 btc at 31k USD" into my trading cart.  

I am damn sure Alexa would be more than happy to do this and with great accuracy as compared to ChatGPT.

Edit: @Kakmakr yeah that is what literally came through me. I am luaghing a lot on this man. 

For me it looks like a well planned strategy for the future. For Russia the geography is not very well settled on the western side due to their ongoing war. On the easy borders they have the biggest enemy that is America closer than we think. This makes them devoid of strategic geography due to the current sanctions.

If they want to build the roads for future preparation then they have India as friendly alliance, and then exactly to the west of India they could have Africa. This gives them immense benefit of friendly alliance, strategies geography to run their operations and invisibly they could this under the name of bringing business partnership with the African leaders. Idk, but this really sound like Russia. 

Does it mean that what was defined earlier for the average block size doesn’t matter anymore and would not matter in the future also? Like one post above shows how the block average size has grown above 1 MB and there are also few blocks with 2 MB size.

Also, as far as I have read if the block size is rising then it will definitely cause the problems at mining end. For example if there x time that is required to solve the transactions in one block with 1 MB size then ultimately in the future things could be worst if block size grows let’s say to 10MB per block!!!

Secondly, this could be problem when downloading the core. If it is already needing 1 TB SSD, then what would happen in the future?

Eh, that is a new learning for me from the community. I never thought there would be way out to spam the pool by doing multiple transactions with lower fees. However, I do not understand the ideology behind this? What is the benefit to whoever this person or entity is and doing such random transactions with penny transfers? What is in it for them.

As I read there is one answer only miners can benefit from this because they will have increased transactions and also they will be able to raise the fee structure if pool gets congested. I am not sure how true that could be but it seems that they are making full use of this loop hole. Is it a loop hole and we can't really do anything about this?


From this post it does seem like miners benefit more than the pool from this strategy.

Anyways, what about the users, aren't they getting looted in the war of pool and miners? 

It sounds good? Oh yeah, wait for sometime and same companies will start laying off the employees. When we say that there is increased wager above inflation, it can only counter the daily needs and costly affairs but it can't keep up the steady earnings or revenue generation for the companies that are paying those high wages. If Government is promising anything at this point, like some sort of schemes and shit then it's gonna be only in theory and they would do nothing because their treasuries are not doing so well either.

The only issue with the western countries is their highly advance lifestyle that is only "presentative" and not real one is what causing this drama of stagnation in few countries. Obviously the list is long. Automation is increasing, AI has entered the market, why the fuck owners would give any shit about employees increased wages if they could just pay pennies on maintaining automated workflows? Guess what, AI doesn't need to pay the taxes, non employed person neither. The national treasury during the inflation is gonna get brrrhh!

Got no sense in this. Do you know how business operates? It literally take years to get settled for proper bench mark and it takes more time to reach your break even point. Moreover, everything depends on what type of business you talking about. Whether is it pharma associates, whether its crypto exchanger or a gambling site, perhaps shoe making company? There are literally hundreds of questions you need to ask yourself before one can reach out to the conclusion.

Now every type of business has its own Bench Mark. It has to set it to call it a success and long term profitable business. If you are entering then start with the notebook and a pen. You need to write down entire roadmap, the timeline, what will happen when, resource management and much more.

For sure, your friend has come up with some sort of MLM scheme and nothing else. It is the only business that claim to give you profit the next day and million dollar house the day after tomorrow. The only risk is you never reach that "next day". Lolz

That’s entirely correct.

To answer @OP yes there are many players in the mining industry who are running their miners on the solar panels. The success and failure is different story since that depends on region in which they have the set up. As stated in the above quote a reference country such as UAE might have higher side of sunlight considering they are geographically positioned at correct sun sight.

For example, if someone from Germany think about this project then they would take twice the timeline of ROI as compared to a desserted place where sunshine is intense and also available most of the time.

Solar panels can provide stable electricity since they store it beforehand and thus power supply unit can smaintoan steady supply.

The only problem is “how long it will last”.

It’s not about whether you can do it or not, but it’s about Return on Investment that you need to decide. It will take more and more time if you reside in a region like Germany or UK and it will be lot less in region like let us say  Norway where you can get sunlight for as long as 76 days straight.

I mean seriously, we have such kind of people too?
I am going to be straight here, what is wrong with you man? What you would have done if there was no such condolences bonus? Nothing, just cry about it with your friends, may be have some angry posts here and there and you would have not been so mean about it as you are right now.

It wasn’t fault of any other casino but Betnomi and you should be putting your anger on them and not on the one who is literally offering you a kick start with something.

We have people who would cry when they lose everything and when they make thousands of dollars they would start singing good songs about that casino. So anyways it’s like they decide themselves “I am gonna be mean today” OR oh no wait I just won, now I am gonna be good today. Freaking Funny.

Haha, no wonder why many of us miss those days when literally did not care about it. So basically it is true that no one would have ever imagined that they need a block explorer to work with the transactions. It is just some "other" enthusiasts who entered the market and made it one sort of business. They first got it launched as explorer, then slowly launched the wallets in the same official name and thus it was clearly business point of view.

I think then they also brought the exchangers and now rest is history with trillions of dollars already transacted through various wallets until now (maybe more).


True. Makes complete sense. I think initially only the highly technical people who understood what bitcoin is must have entered the realm of blockchain. Its like they knew very well what they are getting at and what is needed to "run" the process.

Also makes sense why many people did not even bother to claim the faucets when they were distributing more than 5-10 bitcoins per claim. None of them were wrong, it's just that the knowledge, the future clarification, actual usage nothing was clear back then.

I believe, explorer, exchangers, wallets increased over the time and then it was "ready made" tool for common/ non technical person and that's why the boom of Bitcoin.

@ranochigo Thanks for pointing it out that @theymos was the first to build an explorer. I checked the thread and it seems that Website is long gone. The full fledge explorer was built by blockchain only (it seems like that). But obviously High respect to @theymos for building it.

@Faissal2202 I am also surprised to see the answer and know more historical aspect of explorer. I thought when Merkel designed the blockchain very first we were able to see the data over public ledger. However, it seems that was different interface as compared to what we experience today.

I think people are more keen on having confirmations through the explorers now. Initially it seems very smooth. It was actual privacy by the way.