yeah a major tank across the board. https://www.bitrawr.com/difficulty-estimator... Latest Block: 767819 (6 minutes ago) Current Pace: 103.6824% (1740 / 1678.20 expected, 61.8 ahead) Previous Difficulty: 36950494067222.41 Current Difficulty: 34244331613176.18 Next Difficulty: between 35487049686653 and 35511665220613 Next Difficulty Change: between +3.6290% and +3.7009% Previous Retarget: December 5, 2022 at 8:47 PM (-7.3238%) Next Retarget (earliest): Monday at 8:51 AM (in 1d 20h 21m 58s) Next Retarget (latest): Monday at 9:04 AM (in 1d 20h 35m 23s) Projected Epoch Length: between 13d 12h 3m 59s and 13d 12h 17m 24s Copy stats to clipboard ... I suppose the 16.6k price down from 18.4k price is why. If true we may have reached proper miner equilibrium. "price will quickly drive diff up or down" we do not see this much anymore. It will be interesting to see if it is true. I would guess if it is true we see a lot of sideways in diff and price. say 33-39t slot for diff and 16-18k slot for price. |
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In my research, at this time solo mining or lottery mining is no longer profitable. Because I remembered 2 years ago I joined a lottery mining website platform, I also waited about a month for mining. Then, when I made a withdrawal, it was placed on the history platform and it was successful, but nothing came to the address I put.
But what is found in the withdrawal history of the platforms is all paid, but everything is just a lie, everything is just released from the platform to say that someone is playing, Is there, is it still legitimate in this era that can generate profit in lottery mining?
ckpool will pay if you hit the block. nuff said. |
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This is probably just an undervolting firmware that will run at lower hashrate but higher efficiency.
It is almost always under-voting. But under-volting is tricky. Depending on how it is done and the particular unit you have some units are spectacular at undervaluing. Many years ago I had a s-7 it was a ridiculously good unit. 4th and 1000 watts with 0 errors a flawless machine. In fact it would go 90 days without an error not 1. If it did that the software would become confused and you had to reboot to set the counters. the equivalent would be a 110th s19 pro doing 100th at 2400 watts endlessly with zero errors. I have some L3+ units that do full speed at 700 watts, normally at 800 watts you get 500 mhs some of the L3+ do 500 mhs at 700 watts. So the freq does not need dial down at all. I suspect an s19 tweaked properly could do 19 watts brains is claiming 20.5 I am sure there are 19 Watters around. |
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so 600 watt panel x 5 = 3000 watts of charge
or 600 watt panel x 6 = 3600 watts of charge
Please read my post again where I explain about the total capicity of the batteries, he can not store 3kw in 2*100ah, a battery can only store volt*amps so 12v*100A = 1200w MAX per battery, and that is not even always possible, charging the last 10% takes forever and the battery ages it becomes impossible to hold 100%. But eitherway the best case scenario is 1200w per battery so 2400w for his 2*100ah batteries even if he uses a billion solar panels. Also the inverter loss is not everything, there is still charging loss and transmission loss, unless you use the highest quality of everything it is safe to assume a 20% in the whole system. you are correct. so he needs 3 batteries. I know a guy that had a deal with a golf cart dealer. He would get scrap dead golf cart batteries and refurbish them. Basically this battery was one he could get at a 90% discount https://www.batteryequivalents.com/group-gc12-batteries.htmlhttps://www.batteriesplus.com/product-details/golf-~-scrubber/battery/magna-power/sligc12vtthey run 330usd new. the dead ones can be refurbished but they may have 1 cell missing so they are 10 volt not 12 volt. he would string 5 of them to get to 50 volts and 150ah about 50 x 150 = 7500 watts. and run them done to 3500 watts then recharge. even at 80-90 percent off they are about 50-60 bucks apiece say 300 usd and refurbing them is about 50 more. so 350 . They don't last long since they are old and died once. Battery solar is a hard road to do. We are Grid tied here in NJ much cheaper to do. |
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I'm happy not knowing it's not going to $100, with the same uncertainty I don't know it's going to $100,000 or a million. I'm actually very, very happy with that. I wouldn't be happy if my life savings were all in it, but they're not. Get back to me and tell why I say 0 is more likely than 100 for its price.
If you answer that close to correctly I will post back with more great info. (just kidding) the info is not great or maybe it is.
Feel almost proud to see this, and it's the same thing I tell my kid who wants NFTs and dogecoin. I say, go ahead, have something, but Bitcoin too. And he's like but it might go to XXX and I say, it's likelier to go to zero. Yeah great minds think alike  |
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I can't wait to see bitcoin mining farms and power stations running on nuclear fusion. Talk about going carbon-neutral overnight.
I know this sounds far-fetched, but if I was involved in mining, I'd be happy to set up the first such farm.
There is an assumption that shareware energy can nullify the cost of cryptocurrencies with the concept of PoW, because. a significant part of their "cost" is formed precisely by the cost of energy for mining. No, I'm not saying that the cost of PoW will go to zero, but the price will drop. Imagine - you actually have unlimited energy, you can build a farm as high as the moon, and mine a huge amount of coins! What happens when the production of a certain product increases, with a constant demand in the market? That's right - price drop ... But it's still far from that, unfortunately  No as Long as BTC continues on its current course it only gives out 21,000,000 coins. By 2056 the reward is down to 0.0122xxxx btc. But the really interesting coin will be Doge. Doge reward never changes it is x coins per year with no 1/2ing so year 1 1x year 2 2x wow 100% inflation . . . year 10 10 x year 11 11 x down to 10% inflation . . . year 20 20x year 21 21x down to 5% inflation . . . year 50 50x year 51 51x only 2% inflation . . . year 100 100x year 101 101x just 1% inflation So a long development time for fusion to work favors Doge bigly as it won't run out of mining. And Musk will be around long enough to reap big iron cash whatever from this. he is 51 give him 30 years he is 81 and BTC will have a serious rewards issue. while Doge will just keep on trucking with fusion power. |
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buddy did not go under 16.5, yet
I will just settle with my Friday dca.
Amended that for you. well if buddy wants to serve some 16.5 dip i am in Surely, I am not opposed to letting the price come to you... so in some sense, it might be a BIG so what.. even though also I know the feeling of being "so close" but just not hitting it. I had a few standing orders at just a bit over $16,550 - and two of them hit and the other one was right around $20 short of hitting... .. and in some sense it is a big so what, but in another sense, it is like "so close, but just not quite"... So yes, if we use Stamp, then we have only a $72 difference between the so far price reached and the target threshold price of $16,500 and less than 0.5% from meeting such target price.. but sometimes in the psychological arena of "letting the price come to you" is a good thing.. whether it happens or not might be another question.. even though as I type this response post, we are now bouncing around $16,600.. so getting another $100 dippening seems to have pretty decent odds of happening.. I will watch Jimmy Fallon and check to buy after it ends. |
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buddy did not go under 16.5, yet
I will just settle with my Friday dca.
Amended that for you. well if buddy wants to serve some 16.5 dip i am in |
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buddy did not go under 16.5
I will just settle with my Friday dca.
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or 6 x 600 = 3.6kwatts. across 24 hours since he is charge batteries he can run 24 hours if he uses
Phill, I would like to add a few corrections. 12*100 = 1200w*2 = 2400w is the max energy he can store in those two batteries. Also, the 100Ah label on many batteries could be misleading, it depends on the manufacturer (you need to reach the sheets), if it says 100Ah C100 it means it's only capable of providing 100Ah if discharged over a period of 100 hours, so a 100ah C100 battery could very well be just 80Ah C10. Also, most batteries will have the highest number of cycles when the depth of discharge doesn't go past 50%, going 100% on the battery will probably kill it in a few hundred cycles, I think for the average battery you find the market if you go near 100% DoD you will hardly get 300-400 cycles on the battery which means for daily use, every year he will need to get a new set of batteries. To keep this pretty simple, if you want to achieve max economic gain from the setup, you need to account for the following: 1- 20% power loss from the DC<>AC conversion (which means the total power you can store is 2,400w a day (hopefully will get your two batteries fully charged) 2- Use no more than 50-60% of the battery capacity to get a good number of cycles, so anywhere between 50-60Wh If you need to use a miner that needs more than 50-60W, you are going to need to increase the size of your charger (be it a solar pannel or wind turbine or whatever) and the size of your batteries. Note I left out battery draining to zero. Above so I will correct what his 600 watt panel could do. @mikewith Not exactly what you or I said , but here goes a longer explanation. Most of the world averages 5-6 hours full sun. WTF am I talking about? Sunrise 6am your charge rate sucks. 9am or 10 am your charge rate gets better. 12 noon it peaks. 2 or 3 pm it drops you sunset at 6pm so right before that it sucks. So even though it was 12 hours of sun most of the world average 5-6 hours of 12 noon full sun. That is how I got my 5 or 6 factor. so 600 watt panel x 5 = 3000 watts of charge or 600 watt panel x 6 = 3600 watts of charge this counts charging losses. Now for doing ac to dc some invertors are really good they do 95% even 96% but they cost $$$ shitty invertors do 85% so a 600 watt panel at best is 3600 x .95 = 3420 watts at worst it is 3000 x .85 = 2550 watts now do 2550/24 = 106 watts constant draw 3420/24 = 142 watts constant draw. and as you said this will be very hard on his battery since drawing down to 0 fucks a battery up. So he could run 19 hours a day to save his battery and do between 106 and 142 watts. at best he can do a few usb sticks and a rasp pi with his setup |
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This is definitely going to impact Bitcoin mining.
Will this option be available in the next 5 or maybe 10 years? I haven't researched, but I think I read somewhere that we are decades away from widespread use of this technology. In the context of Bitcoin mining, 99% will be mined in about ten years - so I wonder what this technology has to do with Bitcoin mining in the future? In total consumption and impact on the environment, Bitcoin mining is at the very bottom of every scale and only complete fools make some kind of affair out of it because someone pays them or they are very limited by their brains. This is yet another reason that my suggestion to 2x the 1/2 ing times yet leave the same 21 million coin payout could be a good move for BTC to do. https://bitcointalk.org/index.php?topic=5427871.0if we fail to slow the payout of coins while endless power becomes available it will mean Doge becomes a much more viable option to mine. Doge never lessens its rewards via 1/2 ing's but it does lessen its percent of increase every year. ie year 1 = x coins 2 = 2x coins 100% increase 10 = 10x coins 11 = 11x coins 10% increase 20 = 20x coins 21 = 21x coins 5% increase. 50 = 50x coins 51 = 51x coins 2% increase So if fusion power takes 33 years to be common and we leave BTC wit current 1/2 ing speed. the reward is only 0.0122xxx coins doge will still increase x coins every year. so long term as you mention this favors Doge's distribution. It means Doge is the perfect coin for mining if power is abundant . |
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come on buddy go a little lower and I can buy some dip. 16.5 will do |
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Not touching my long bitcoin...but, sometimes you get a home-run and sometimes just a single/double... Got a bunch of cap gains this year and took small losses to partially offset those gains. A bit more to take in a week or so. A safe (in comparison to others) Treasury money market fund gives 4% divvy/interest, soon will be 5%-will have a bunch of cash coming in monthly next year-would allow a major DCA if I would go this route. Imho, money market is preferable to i-bonds philip touts because money there is liquid-I can switch out and into stocks or bitcoin within 24Hr (stocks) and maybe 48hr for bitcoin en masse, if conditions would warrant. Once we get to 5% short term rates, I might switch to maybe 2 year Treasuries because of a price appreciation possibility. A. Hayes uses Treasuries...read his "PEMDAS" blog entry. https://blog.bitmex.com/pemdas/ I-bonds need to be staggered for liquid purposes. Once you have a 12 month ladder in place they are in effect liquid. I have some at 7.1 some at 9.6 some at 6.8 My Friday dca hit at 16.9 x corn is in. 7x buys so far. I am clocking a 4x buy if we drop under 16.5 I am cashing all my doge this month. I want to increase my btc and my btc miners hoping fed keeps us sideways til April or may. With luck all old btc gear will be retired and stored by then. Plus we will have 2x our mining of btc. |
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Waiting on Friday 1x DCA to hit.
With price drifting lower and almost at 16.5k I May do a 4x buy the dip
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Hello gang, Observing 16,964@stamp. I just wanted to post an analysis by @Plutosky, a fierce contributor to the Italian board, who is reluctant to post in English. As I think he produces excellent content, I used a little force on him and translated one of his posts. Do you think it is worthy material? If so, drop son love merit on him! This graph is beautiful: it shows how the probability that a UTXO will be spent in the following X days from its creation (where X, according to the curve, is equal at 7,14,30,60,90 and 120 days) is a function (decreasing) of the age of the UTXO.  In other words, when some BTC is spent, there is a high probability that it will be quickly spent again. If they don't, the likelihood of them being spent drops quickly over time. The very interesting thing is that regardless of the time interval considered and, therefore, of the curve represented on the graph, the lines all tend to "become horizontal" after about six months (vertical dashed line). On average, after six months, the probability that bitcoins will be re-spent in the following X days (where X ranges from 7 to 120 days) stabilises and becomes almost constant. We can therefore define the six months of UTXO immobilisation as the watershed that separates the Short Term Holders (i.e. speculators or those who use BTC for purchases, remittances and, in general, any type of "dynamic" use) from the real Long Term Holders). The next step is to ask yourself: how do UTXOs that have been idle for at least 6 months change over time? Here we go:  Beyond momentary declines associated with the phases of euphoria of the bullish markets, the amount of BTC has been hodled for at least 6 months, it always grows in the long run, especially during bear marketsThe curious thing is that this greater general immobilisation of bitcoins is associated with the more frenetic activity of younger bitcoins. The UTXOs spent are close to their all-time highs:  this is mainly explained by the fact that the volume of BTC spent with less than 6 months of seniority is at very high levels from a bull market  For me, the conclusions that can be drawn from this set of information are the following: 1- The share of BTC that go from dynamic use (Hodl< 6 months) to outright hodl (last movement > 6 months). This growth is slow but constant, and increases in bear markets 2- The dynamic uses of BTC are increasing both as utxo spent (at the maximum despite the doom and gloom atmosphere) and as volumes spent. 3- the first two statements, which seem to contradict each other, can be explained by an increase in the dynamics of the most recently spent BTC. In a nutshell, the separation between immobilised and dynamic BTCs is increasingly clear-cut: the former are increasingly "stationary" (and grow over time) the latter are increasingly "moved" (and decrease over time). The two souls of BTC (SoV and MoE+speculation) seem alive and kicking, despite the period we are experiencing. this is a good post. gives me a lot to think about. his analysis justifies my idea in this thread. https://bitcointalk.org/index.php?topic=5427871.msg61436890#msg61436890if only new coins recirculating like mad we could lose btc circulation by 2056 my idea of streching the time from 4 to 8 years would likely help continue that new coin circulation action well past 2056 |
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Sad state. Here in NJ we have 1 to 1 kwatt credit. It build a 280 kwatt solar array like we did. burn 55 kwatts 24/7/365. is 1260 kwatts burned feed the grid the extra 225 kwatts for and average of 5 or 6 hours a day. yeah days are longer but 5-6 is the full power average daily. so 5 x 230 = 1125 kwatts credited back. 1260-1125 = 135 you owe this much kwatts 55 x 5 = 275 used directly when sun is up so 135-275 = -140 net kwatts daily so burn just a little more than 55 kwatts to mine each day. As your goal is to be net 0 or + very little kwatts each day. This should be federal law as the minimum any grid can pay. While solar will never zero out carbon. it could drop carbon for electrical use by more than 45%. Rather than the meager 10% or so it does now. |
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... AT this particular moment, it is hard to argue with that kind of a scenario... .. but now that you wrote it down, it is NOT likely to happen..  You shouldn't have said anything. I am considering that we might well be in a period that might be close to bottom for fiat-related bullshit.. .. so in essence fiat is largely sideways. and bitcoin does not necessarily do bad in "fiat sideways" kinds of scenarios... so "fiat sideways" bitcoin trickling up and trickling up.. and if bitcoin trickles up too much, then that becomes problematic for no coiners, low coiners and bitcoin naysayers.. because value ends up gravitating in bitcoin's direction.. so higher levels of desperation, attacks and battles against bitcoin could be part of the messy short term.. .. but the word is still getting out.. seems to me... trickle, trickle trickle.. starts to add up after a while.. no? We can agree on this above. Thus A new era for BTC could be its: a boring sideways asset linked to silver, gold and stocks. Yet another toy for the wealthy to play with as they make their pile of wealth get bigger. |
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So I seen you can buy into late 2023 Bitmain can load of hydro future's like low $20's. Not exactly inspiring.
actually senseless pricing. new bitmain firmware will drop s19 to 25 watts. and used s19 goes for about 1200 usd. https://www.bitrawr.com/difficulty-estimator… Latest Block: 767624 (3 minutes ago) Current Pace: 105.9778% (1545 / 1457.85 expected, 87.15 ahead)Previous Difficulty: 36950494067222.41 Current Difficulty: 34244331613176.18 Next Difficulty: between 36180324701967 and 36298804683504 Next Difficulty Change: between +5.6535% and +5.9995% Previous Retarget: December 5, 2022 at 8:47 PM (-7.3238%) Next Retarget (earliest): Monday at 1:50 AM (in 3d 2h 4m 19s) Next Retarget (latest): Monday at 2:52 AM (in 3d 3h 6m 23s) Projected Epoch Length: between 13d 5h 2m 51s and 13d 6h 4m 55s Copy stats to clipboard pretty good move up 🆙 |
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I guess its back to my Friday dca.
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chart buddy is getting anxious. 3 minutes on the hour stead of 1 minute past.
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