dude its side ways and stuck in a 28.8-69k channel been in that channel since late December 2020

now do i guess it leave that channel this year .

yes i do  . then it wont be sideways. it will be as we both want uppity or as we both don’t want debbie downer.

I am prepared for it to leave the channel that it has been in for last 400 plus days.

either way.  but while we stay in the channel i dca 50 a day.

sandwich

hmm will we bounce up and over 43k while I sleep.

maybe. but I guess more sideways

sideways seems like what is happening.

People don't realize the math. I may point a bit more gpus at nicehash and then point the earnings here or
at another pool ck designed.

eth until it gets to 0.001 btc about 20-22 days I then rent 256 gear from nicehash and point it to solo pool or another pool that ck built.

this is the proper move as I type I have a laptop mining on nice hash and every 25 days it makes enough for a rental. so I rent  and point here or an other pool.

to directly point a gpu to ckpool is silly.

gave 8 merits keep posting and you will make rank

Hmmm no-one knows 24 months from now.

last 13 months we grew 43 %   but  April 2021 to now we grew 3%

You can try long range numbers for diff  growth but it is hard to say in 12 months we will grow 40% or 30 % or 50 %

You can do 3 or 4 guesses for 24 months of diff growth

say 25% 50% and 75%
or 25% 50% 75% and 100%

You can mix your gear as you add it.

add 3 s9 and 1 s17 today

or add 6 s9 and 2 s17 and 1 s19

or add 6 s9 and 2 s17 and pre pay ⅓ for a s19 xp

all cases above are losers unless btc whales.




and we are 35 blocks off pace which combined with the price jump is nice.

but only 219 into this jump.  we need wait to see if we drop off more.

He paid me 25 + 25 + 25 btc  to this address

https://www.blockchain.com/btc/address/1JdC6Xg3ajT3rge3FgPNSYYFpmf53Vbtje


we hit those blocks back in 2016

Well I am not against you.  And on this thread we would be in the minority.

If I also were to explain that eth could flip btc this thread would likely want to kill me.  But if you look at btc mining growth vs eth mining growth it is beginning to happen already.

btc gear has increased by a factor of 1.43 to 1  jan 1 2021 to feb 1 2022
eth gear has increased by a factor of 3.30 to 1 jan 1 2021 to feb 1 2022

btc price has increased by a factor of 1.43 to 1  dec 31 2020 to feb 4 2022
eth price has increased by a factor of 4.11 to 1 jan 1 2021 to feb 4 2022

the biggest factors are LN for btc is POS
and will eth go full POS

and of course eth is fully centralized
while btc is partially centralized.

basically this is me saying franky1 and poolminor  have some points on value of btc


but if you look at Facebook the pe is 16 to 1
and if you look at Tesla the pe is 187 to 1

so what do any of us know>

btc = 41.5K plus baby

Did 1 ,2 + 3 still watchable .

he just pull a gun on picard episode 2

it is decent show so far.

Well buying coin vs mining are a different tax animal in the USA.

I am not against buying coin.
In fact I mine eth to have the ability to buy BTC and cash to fiat while I leave the btc I mine alone.

I hold 25x btc value over eth Value.

Simple reason is not because BTC is the first coin it is most diverse mineable coin spread around to many hands. and ETH is not that way.

But asic mining of btc has been weakened two fold. LN network has made BTC staking a reality and it cuts into the asic miners of btc fees. Will it kill mining down the road? maybe when blocks drop to  0.09765 btc in 23 years the harm of LN to asic mining of BTC will be obvious. Also eth being around as a pow maybe end.  The next 2-10 years should be a blast.



I am older 65. So  23 years from now I would be 88 and very likely not care as much as I do now. Would be nice to be about 35 right now You would have a shot at see btc 50 anniversary and 75th anniversary.

2059 I would be 102 based on family history no one got to 100 I think 99 for 1 great aunt.
2049 I would be   92 based on family history 1 out of 100+ men reached this age.
2039 I would be   82 based on family history this could happen.

So for me in 4-7 years I will shop mining and sell my share of the business to my partners.

Peering into long range difficulty numbers = really hard and kind of pointless.

 Edit : pointless for me.  Just me and the wife no kids.

It would be really nice to see a dead solid monster levitational type set of three 10 candles up and over that stubborn 70k number by valentines day.

Well don't care as long as we stay over 40k for the day.

Tomorrow we can push up and over to say 45k.


Maybe it is Facebook  stock money running to btc safety!

I know this is BTC exclusive. I have some leeway and do allow some other coin talk .  But I see a real disconnect between all asics for all coins and for gpus.

Think business and here goes. You want anonymous btc to a blind address.

So Buyer a buys a s19 for 11000 I will skip all tax like usa of 35%.


and say a 105th s19 = $11000 and burns 3500 watts. that means 84 kwatts a day and 11k out of pocket. I will pretend bitmain gives a 6 month  good warranty with shipping to a place in your country (they do not)

so 105 x 18.89 cents =

 19.83 earned free power that is 555 days
 17.31 earned 3 cent power that is 635 days
 15.63 earned 5 cent power that is 703 days
 11.43 earned 10 cent power that is 962 days

look at gpu's

I can get the pny rtx a4000 for 1111 real and true 3 year warranty
Buy 9 of them for 9999
Buy a server case for 1200
cost of 11199

burns 1400 watts or 34 kwatts

earns 22.88 a day free power  this is 489 days to paid off
earns 21.86  a day 3 cent power this is 512 days to paid off
earns 21.18 a day 5 cent power this is 528 days to paid off
earns 19.48 a day 10 cent power this is 574 days to paid off

and a real 3x 365 = 1095 day warranty


So If you are pitching a 1 million dollar setup to a businessman

Do you think he will invest in BTC gear or in GPU's


This is a real issue for BTC miners vs gpu miners.

look at that 5 cent dynamic

11000 for  btc asic   703 days to break even only 180 day warranty
11199 for gpu           528 days to break even with a 1095 day warranty.

and I left out

noise = asic worse
heat = asic more
wiring = asic more
tax = in usa asic is 35% more than the 11k I put in.

this is a relentless pressure that has lasted all of 2021 and part of 2022

btc diff 1-1-21 = 18.5
btc diff 2-4-22  = 26.6 

growth is 26.6/18.5 = 1.43x


eth diff 1-1-21 =  3.74
eth diff 2-4-21 = 12.35

growth is 12.35/3.74 = 3.30x

this is a serious issue for BTC and it may resolve this year.

Not sure how it will :

does btc take off
does eth crash

or

does eth take off and pass btc



enough about eth diff growing way more than btc diff from a business viewpoint it makes sense to math shows it should continue.


so factor of 3.30 eth diff growth vs 1.43 btc diff growth 

over last 13 months

if you mine track this it is important.

true good point

so +0.1777%  not bad.

still means a new all-time high of 26.69t  vs 26.67t

If you give a list of 60 words.

48 good words for 2 full seed backups. you only need assemble a nut 24 correct washer bolt

you don’t need to punch.  but the fabricator would know you sent  for the set of 60 words.


So you would be safe more or less from the two wallets getting cracked.

but the risk of five dollar wrench attack is heightened

niceeeee 👍