I dont want to clutter the thread with nicehash discussion if it bothers ck or anyone, so i tried to direct message you, but you dont accept from newbies.  Here is what i tried to say:

It is only showing zero because the mining power is going to the highest bids.  PhillipMa bid a very low amount, so he is not being overcharged (smart/the correct way to rent on nicehash).  Therefore, he has to wait patiently until the high bids have all their btc used up, then miners will migrate to lower bids and eventually he will get his hashes.  It is ok to temporarily have no hashpower.  IT means you are not overpaying.  Each individual hash (or "share") is a shot at solving a block.  Whether you have them all sequentially right away, or whether you have a little, then you have zero, then you have a little, etc.  Is the same. As long as you get the total number of shares by the end, you got what you paid for. But CK is certainly right that many many people rent and never solve a block, compared to the few people who rent and do solve a block.  So don't think it will be easy to just rent and get rich.  

There seem to be quite a few newcomers to solo mining thanks to the recent spate of blocks found here, who don't quite understand some things so I'll try to make it clear:

Solo mining is gambling.

Unless you personally own at least 700PH with some kind of depreciation/deprecation plan, the vast majority of miners will lose money mining solo. (This estimate of required hashrate will go up as bitcoin difficulty rises.)

Renting hash long term and mining solo will never make a profit, as the rented hashes will end up costing you more than any rewards you make.

i am studying in college, i was really excited to get my first credit card . i thought it will give me a sense of independence and allow me to buy things i could not afford with cash.

though, i quickly learned that credit cards can be a double edged sword. while they can be helpful in building credit, they can also lead to debt and financial trouble if not used responsibly.

at first, i used my credit card reasonably, only for like emergencies or small purchases that i knew i could pay off in full each month. but as time went on, i began using it more and more for larger purchases and impulse buys, without really thinking about how i would pay the balance off.

before i knew it, my credit card balance had  blown up to several thousand dollars, and i was struggling to make the minimum payments each month. the interest charges alone were eating up a significant portion of my income, and i felt like i was going under debt.

it was not until i sat down and made a budget that i realized just how much my credit card debt was affecting my overall financial health. i had to make some tough choices and cut back on some of my expenses , but finally,
i was able to pay off the balance and get back on track.

the lesson that i learned here is that credit cards can be a valuable tool for building credit points/scores and making purchases, but they should be used responsibly and with caution. it is important to keep track of your spending(like keeping a journal), pay off the balance in full, each month if possible, and avoid carrying a balance that will increase interest over time. by being mindful of your credit card usage, you can avoid debt and maintain your financial health.

i am weak at economy, is it wise decision to use credit card?

I’m surprised that the price went through $30K and has been holding above it without a good sized pullback. That leads me to believe this rally still has legs. Somebody out there is snapping up all the BTC and just keeps buying. I do feel like we may see a pause at this level for a while to allow for some accumulation before the next leg up.

so any boogy man will do?

sorry still not going to lie and say some invisible "higher power" exists whether I'm court ordered to do it or not.

I don't live in Iran.

Freedom from forced religion is why this country was founded even though they just wanted to worship their own way.

This news is from the IT Hub of India, that is Kolkata. The Techie who is just 23 years old had invested a big amount of money in the Crypto space. The investment when asked him was around INR 30 lakh ~ $ 36,600 in US dollars. That is a definitely huge amount considering his age and country of residence. Even in America, 36K USD is pretty handsome money and you can do many things with it.

So the gravity of this can be sensed easily.

He was saved by the Cops after a local Cab driver alerted the police and the response team was at the incident quickly.

He was trying to jump from the largest bridge on the river named "Hooghly" to end his life.

The investment was not his alone but he collected the money from various sources. He took loans and also was using the pension from his mother. Definitely, he had no plans and no idea what he was doing.

Just save up your bitcoins in cold storage, only buy what you can afford to lose and most importantly don't fall for the traps of crypto space.
Bitcoin is the only savior in crypto and if you own the keys, you win the market.

Read the news here:Techie loses Rs 30 lakh in crypto market, tries to jump off  ..

20 ASIC miners that draws up to 2500watt each will be a menace in the community unless one is living away from crowded neighborhood, 2500watt in 20 places is 50,000watts that's enough to get the police in your door step in few weeks in my country.

Naaah not my miss... but also no glase waiting for me

at this moment i'm fasting for 40 hours .... 20-ish hours far at this time

I was court ordered to AA years ago and went up there and called them all a bunch of weak willed pussies and was told I was a disrupting influence and they signed off on my court mandated meetings.

*I was pissed right off the bat when I read the steps and one of them was to accept jesus as my lord and savior and told them there is no way I was going to do that.

https://www.bitrawr.com/difficulty-estimator

Latest Block:   784900  (5 minutes ago)

Current Pace:   97.7993%  (677 / 692.23 expected, 15.23 behind)

Previous Difficulty:   46843400286276.55                            
Current Difficulty:   47887764338536.25                            
Next Difficulty:   between 47080559225932 and 47433273092585
Next Difficulty Change:   between -1.6856% and -0.9491%
Previous Retarget:   last Thursday at 10:57 AM  (+2.2295%)
Next Retarget (earliest):   April 20, 2023 at 3:10 PM  (in 9d 8h 51m 10s)
Next Retarget (latest):   April 20, 2023 at 6:30 PM  (in 9d 12h 11m 18s)
Projected Epoch Length:   between 14d 4h 13m 31s and 14d 7h 33m 38s
Copy stats to clipboard

I'm not a fan of him and I think he is responsible for his decisions.
But it's not easy for me to decide what he did or did not do, only by reading a bunch of news stories.

If he did order the hits as it's written in the transcripts (1, 2), I'd say fuck him.  Luckily it was all fake and the hits didn't happen.  

But ordering the murder of other humans often shows at least some asshole hubris, to say it very mildly.
And listening to his phone call to the '21 Bitcoin conference, I felt some of that vibe in his talking...  quite self-absorbed and egoistic.







many of these AA and NA groups are gateways into religion...  though it may help some to get rid of drugs, I think they only change one addiction/obsession for another

maybe the new gimmick will be to change to a constant block reward. the block reward going to zero is the problem for miners right? they don't like that.

a. most miners(asic/workers) dont get fee's, the pools keep amounts equal/above fee's
b. ordinals dont pay fair rate tx fees anyway many are seen paying 0.5sat/byte instead of the rest paying 15sat/byte
c. taking upto all blockspace for one meme does not help utility of bitcoin. it annoys people that 2000tx dont get into the next block but the 1 meme did
d. ordinals in NO way has helped bitcoin. its not even an NFT
e. ordinals that dont get into blocks still push pre-confirm transaction out of potentially getting into blocks by ordinals filling up mempools thus forcing other tx out of mempools when mempools breach a X00mb limit set by their nodes

mining pools take a cut
EG
antpool has two offerings
a. PPLN antpool keeps the tx fee's.. workers take the blockreward
b. PPS+ antpool takes 2% of fees and 4% of blockreward


PPS+ is the offering where a asic worker 'might'(their wish/hope) gain something from fee's, by asking for a bit of the fee's instead of the PPLN option taking the fee's

lets imagine a block of 4mb of 1 meme paying its 0.5sat/byte
thats 0.02btc
antpool(PPS+) takes 0.0004 of tx fee 0.25 of block reward (0.2504 total)

simple math: meme gives 0.02 into the pot. but antpool cuts out 0.254 from the pot. thus workers lose out more if they opt to want a fee share

meaning in both cases antpool keep more then the tx fee if you add it all up and take their cut away in both situations because

b.(PPS+) the fee's from the ordinal are 0.02 but antpool took 0.254 away from asic workser
a.(PPLN) antpool took the 0.02 of the tx fee
thus those asic workers dont gain from increased fees they might aswel just PPLN and just take their share of only the block reward

yep fee's would need to be for a normal average tx payment filled block of 1.5mb be paying 17sat/byte to BREAK EVEN to what a pool owner takes as their cut..
for the workers to then NEED MORE THEN 17sat/byte to then be see a noticable difference to the shared income on PPS+ they get after the pool owners cut

however an average tx of 500bytes@17sat/byte=8500sat =$2.41 which.. is making people not want to use bitcoin as much for payments. thus spiting the users inspite of the workers

what workers actually prefer. is not a fee market rise to get income. but the spot price market rise.. though lemming that want to advertise other networks prefer fee rises to make people hate using bitcoin

a. most miners(asic/workers) dont get fee's, the pools keep amounts equal/above fee's
b. ordinals dont pay fair rate tx fees anyway many are seen paying 0.5sat/byte instead of the rest paying 15sat/byte
c. taking upto all blockspace for one meme does not help utility of bitcoin. it annoys people that 2000tx dont get into the next block but the 1 meme did
d. ordinals in NO way has helped bitcoin. its not even an NFT
e. ordinals that dont get into blocks still push pre-confirm transaction out of potentially getting into blocks by ordinals filling up mempools thus forcing other tx out of mempools when mempools breach a X00mb limit set by their nodes

mining pools take a cut
EG
antpool has two offerings
a. PPLN antpool keeps the tx fee's.. workers take the blockreward
b. PPS+ antpool takes 2% of fees and 4% of blockreward


PPS+ is the offering where a asic worker 'might'(their wish/hope) gain something from fee's, by asking for a bit of the fee's instead of the PPLN option taking the fee's

lets imagine a block of 4mb of 1 meme paying its 0.5sat/byte
thats 0.02btc
antpool(PPS+) takes 0.0004 of tx fee 0.25 of block reward (0.2504 total)

simple math: meme gives 0.02 into the pot. but antpool cuts out 0.254 from the pot. thus workers lose out more if they opt to want a fee share

meaning in both cases antpool keep more then the tx fee if you add it all up and take their cut away in both situations because

b.(PPS+) the fee's from the ordinal are 0.02 but antpool took 0.254 away from asic workser
a.(PPLN) antpool took the 0.02 of the tx fee
thus those asic workers dont gain from increased fees they might aswel just PPLN and just take their share of only the block reward

yep fee's would need to be for a normal average tx payment filled block of 1.5mb be paying 17sat/byte to BREAK EVEN to what a pool owner takes as their cut..
for the workers to then NEED MORE THEN 17sat/byte to then be see a noticable difference to the shared income on PPS+ they get after the pool owners cut

however an average tx of 500bytes@17sat/byte=8500sat =$2.41 which.. is making people not want to use bitcoin as much for payments. thus spiting the users inspite of the workers

what workers actually prefer. is not a fee market rise to get income. but the spot price market rise.. though lemming that want to advertise other networks prefer fee rises to make people hate using bitcoin

Same pattern, the push right now is the same as in the last two months, seems like a lot of betting is going on the numbers, and everyone expects positive news, probably if it weren't for that oil bump things would have looked a bit more clear, but right now it's again 25 points probably.

Anyhow, speaking of US data, saw something funny about the job data released a few days ago:
U.S. economy adds 236,000 jobs in March as labor market stays strong
US adds 236,000 jobs in March as labor market weakens
So yeah, this volatility despite a 70-80% chance of 25 points starts making sense when two people look at a duck and say it's a goose or a swan.

I went to one meeting (NA) many moons ago just to say I have. I was like “this is nonsense!”
I think I was the only one in there not nodding off. What a joke.
When I quit dope, the last place I wanted to be was with a gathering of chain smoking, junkie losers, reciting the same old tired sob stories. It’s enough to make one want to go use again.