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7661  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 28, 2022, 04:58:21 AM
I would love to see 70k my reason is as follows :

I gave a guarantee that we would do 70 k by may last year.

Some guy with the initials JJG told me I was stubborn to repeat it repeatedly.

So here we are 8 or 9 months later and I am still looking for that guarantee of 70k to not be the worst prediction of all time.

So lets get over that 70k hump. It will mean the end of all the corrections that happened since I predicted that 70k.
7662  Bitcoin / Mining speculation / Re: 2022 Diff thread. on: January 28, 2022, 03:00:54 AM
How does 0.34 per kWh sound like? And that's pence, not cents, around 0.46 ¢.

Anyone with even half that power rate should not be even remotely considering mining, you got huge players with 2.5c , many folks with free power, the unlucky ones are at 10 cents, 400% more fees on top of that is just crazy, it doesn't matter what Bitcoin price will do, mining at such rates is asking for trouble.

I remember you mentioned 15 cents or something where you live, I know my memory is corrupted, but I hope you are paying those 40 something cents. Sad

My home is 13.8 cents in the winter. but the heat is worth 3/4 cents so  from now until May 1 I would say I pay 10 cents.

I can do 3x 30amp circuits, about 15kwatts in my garage but even when it is 20f or -6.667 c

it is too hot to run 15kwatts. I am doing 5 kwatts right now say 5 x 720 = 3600 about  $504 in power and I save 100 or so in heating bill so 400 for the mine in the house.

It is a mix of btc and eth. and I am about breakeven in the house,  Mostly due to more $$$ per watt for the eth.

The big farm in Clifton is the key to my profits.

I am a  much better rate than 46 cents. In my house 14 adjust to 10 til may 1.
7663  Alternate cryptocurrencies / Mining (Altcoins) / Re: Mining on old gpu on: January 28, 2022, 02:23:04 AM
at op try to get a new nvidia 3050
7664  Alternate cryptocurrencies / Mining (Altcoins) / Re: Why continue mining in loss on: January 28, 2022, 02:16:24 AM
Why do soms people still mine coins at loss ? Is there any opportunities behind this?


Sure.  If you had an L3+ and mined Doge/LTC at a loss from July 2018 to April 2021 then cashed you made a fucking fortune. With 1 miner that would have cost under 400 in July 2018

edit .

Lost would have been from July 2018 to Oct 2020.  After that date it was always making  $$
7665  Alternate cryptocurrencies / Mining (Altcoins) / Re: [HELP] RTX 2070 gets only 9MH/s on: January 28, 2022, 02:13:29 AM
Hello everyone I can not believe it, but I just solved my problem.
The low hashrate reason was in deed the BIOS being wrong. It caused the GPU to have a wrong power drawing from its 8-pin port.
I wrote to Palit/Gainward tech support and they gave me the correct BIOS.
Now the GPU gets 41.5 MH/s with 125W as it should!!!
I just want to say big thanks to everyone who helped me here. I couldn't do it without you guys!
I will leave this thread with [SOLVED] tag. I think it can be useful in case anyone in the future has the same or similar problem.

Here is a thanks to you. your first merit. due to a good thread that you kept up wit.

keep posting and you will make more rank.
7666  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 28, 2022, 02:11:08 AM
Am I the only one with a screenshot of El duderino_'s four sevens?



Hmm I am getting near 4444
7667  Bitcoin / Mining speculation / Re: 2022 Diff thread. on: January 28, 2022, 02:08:07 AM
That does seem to be the pattern... Just glad to help folks be able to buy BTC at an 'affordable' price Wink

Just don't forget to stop before it gets too affordable  Cheesy I want to pay for the coffee with Bitcoin but not with one! BTC.

Price bouncing around, still not over 40k but that 32k was really scary, the difficulty seems to decline a bit, we're halfway done with this and we might see 3%, not much but it does ease a bit the pain from the drop.

Quote
Latest Block:   720677  (9 minutes ago)
Current Pace:   96.8818%  (966 / 997.09 expected, 31.09 behind)
Next Difficulty Change:   between -3.1069% and -2.2833%

A 9% increase in difficulty and a 25% drop in price was simply way too much, I was going to residential rates around Europe and in some cases you couldn't turn a profit even with an s19j, not even mentioning ROI.
How does 0.34 per kWh sound like? And that's pence, not cents, around 0.46 ¢.


basically just get a stick from sidekick and maybe the apollo point to solo and pray.
7668  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 27, 2022, 07:28:07 PM
Wow.  This is extremely bad news IMHO...

Trezor Adopts Swiss Travel Rule Protocol for Private Crypto Wallets

https://www.coindesk.com/tech/2022/01/27/trezor-adopts-swiss-travel-rule-protocol-for-private-crypto-wallets/



it is good news.

it means along with LN and trezor swiss protocol  btc will be more and more co opted into the banking system

kyc will rule with in ten years.

no such thing as new hidden coins.
7669  Bitcoin / Hardware / Re: GekkoScience has a new stickminer that does 300+GH on: January 27, 2022, 12:30:01 AM
We decided to stock up on hubs when we launched these sticks because we knew people would want them, but we got bit by the chip shortage and some other things that slowed down production. I'm working on a redesign of the hub that'll provide the same quality of power but that's easier to manufacture. We're also investing in some new tooling to help speed things up. Stock of things in 2022 should be more regular than what we've seen this past year.

Also for the record, the Compac F isn't the first stickminer to pull 15 watts. The 2Pac and NewPac could both work on that level as well. The GekkoScience Base Hub was designed during the 2Pac days so it's fun to see that it's still the best for this application.

Also, definitely gotta lay congratulations on Sledge for his block! If you happen to want to, you know, unload some of your winnings, I may know a guy.

6 coins is nice.

sell 2 pay the tax and hold the other 4.

If usa based. It is a good plan.

Oh BTW Some irony in that former creators of cgminer  are united by this stick.

If not for kano's software
If not for ck's pool

sledge0001 would not have the BTC

kind of funny that honey badger shows no favorites.

To Reconcilations.
7670  Bitcoin / Hardware / Re: GekkoScience has a new stickminer that does 300+GH on: January 26, 2022, 03:15:37 AM
Am I mistaken or did a compac f hit a solo block with a 35.5t share?

If so It means it is a verified solo mining stick.
7671  Alternate cryptocurrencies / Altcoin Discussion / Re: Happy New Year! 2022 is upon us - share your (top 5) coins on: January 26, 2022, 12:14:14 AM
Still early for "Happy new year" but hey, it is what it is. And guess what? Another topic about 2022 coins *insert sad music sound*. Let's make this an informative topic, about coins you are holding and WHY. Please explain WHY you are holding a specific coin for atleast 6 months. If you guys wanna make it more fun, add the CURRENT prices too. We will see eachother next year and do a recap on this topic. This way we get somewhat a winner with the most % gained since he posted his coin. Will close this thread with a winner and re-open a new 2023 year topic. Something competetive + we can learn from each other. This can be lots of fun. To prevent people listing 20+ coins, list your top 5.

NOTE: BTC is not an altcoin

So let's get started, shall we?

Altcoins - LangePara 2022

1. SAND - current price $6.63
A metaverse coin, there are many out there but SAND is unique because of The Game Maker. After watching a few video's, I am convinced this will be one of the few winners when it comes to metaverse gaming, because of the team. When it comes to gaming, developers are one of the MOST important things. If the game is trash, noone will play it. I know SAND has got some serious good game designers + developers in house. They are dedicated.

2. AZERO - current price OTC $1
Aleph Zero is not out yet on any exchanges. But it will be in the future (2022). The presale price was $0.1 and OTC price right now is $1, hence I say the price is about $1. Aleph Zero ($AZERO) is a new layer 1 set to launch their mainnet tomorrow. Aleph Zero is a privacy-enhancing public blockchain. based on an original peer-reviewed consensus protocol and an integration with the substrate stack. It solves the shortcomings of current distributed ledger technology platforms:
Speed, Validation Time, Scalability, and Security.

With wide-range of potential applications, Aleph Zero can operate as a public ledger as well as a private instance connected to the public ledger. This allows enterprises to build decentralized projects that benefit from the speed and security of a public DLT platform while still being able to preserve the privacy of their transactions.

3. VIDT - current price $0.79
IBN/Airbus/Kucoin partnership, 40m marketcap. They do little advertising and so its very hidden. VIDT is known for Web3, AI & Big Data, NFTs and more. If WEB3 becomes a thing, VIDT will be a big part of it.

4. KILT - current price $4.79
KILT is a blockchain protocol for issuing self-sovereign verifiable, revocable, anonymous credentials and enabling trust market business models in the Web 3.0.
1M or more DID's created = most adopted DID project you can buy a token of, funded by the German government and a bank, has been developed for YEARS, team that has experience from the top projects $DOT. 2022 will be a very exciting year for $KILT, BOTlabs, & the DOT & KSM ecosystem. More events are planned including love meetups & educational webinars for developers as we shift our focus from launch to adoption. SocialKYC beta will be launched Jan 2022.



pgp gaat af ik kan niet zonder

Edit: 29-12-2021 - bought 10% IOTA @$1.48. Yes, my 100% BTC portfolio is now 80% BTC and 10% VIDT and 10% IOTA. Also got in the pre-stake today of IOTA.

Edit: 29-12-2021 - after doing some more research I decided to remove KILT.




Doge/LTC as a single count

Xec as a second coin


why I mine them both cheaply and think they will pump up again.


Eth I simply sell off.

Btc does not count.
7672  Other / Ivory Tower / Re: Hernias suck hernia surgery sucks too on: January 25, 2022, 09:23:47 PM
Yeah, I got 3 left and right inguinal and an umbilical.
Had one fixed yesterday once this heals start on the next one.
Mr. Ice Pack is my friend.
The surgery actually hurts a lot more then the hernias themselves.


I have a very small umbilical one .

Leaving it alone for now.
7673  Bitcoin / Pools / Re: [∞ YH] solo.ckpool.org 2% fee solo mining 263 blocks solved! on: January 25, 2022, 08:49:03 PM
Quote from: allcoinminer

Availability is an issue.

Tried to message you but I can't as it says I'm a newbie

I gave you a merit.

It should unlock you from newbie very soon just post some more.
7674  Other / Ivory Tower / Re: Hernias suck hernia surgery sucks too on: January 25, 2022, 03:53:39 PM
My dad had three.
My father-in-law one.

Surgery can be very painful.

My father-in-law had testicles swell as large as baseballs ⚾️ for three or four days after the surgery.
7675  Alternate cryptocurrencies / Mining (Altcoins) / Re: These brands good too? on: January 25, 2022, 03:15:01 PM
I don't have any palit GPU or gainward but I've been hearing about the names for a long time this shows that the names are popular, I have msi and gigabyte which are the most popular in my country follow by Zotac, Galax, Asus and XFX

galax is the same as palit

I owned a few galax all good.

7676  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 25, 2022, 02:28:17 PM
and of course it could go to zero tomorrow too. as long as you're cool with that Welcome!

After 12 years we are now a lot closer to moon than to zero.

i dunno man my moon is pretty up there. i like BIG numbers not mediocre (even for for ants) numbers. so $35k USD is closer to zero than my moon.

Then you're gonna be waiting quite a while.

I guarantee it'll take a lot longer for the price to go from $35K to moon, than it did from zero to $35K.

That's why everyone that thought we'd be at $100K+ by now got burned bigly.

so   2009 0
and 2021 35k


call moon?
100k
250k
350k
500k
1m

12 years from now

100k seems pretty easy
250k also looks easy enough
350k
7677  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 25, 2022, 01:41:30 AM

Might seem counter-intuitive but it is mining difficulty that drives price not the other way around.


How on earth did you come to such an erroneous conclusion? That makes zero sense.


Makes sense to me.

Mining ⛏ difficulty is the backbone of btc.

btc is created by converting energy to coin.

more difficulty means more power is needed to mine a coin.

thus the base value of a coin is determined by power needed to mine it.

He is making perfect sense.

Any one that does not agree simply should go for pos coins and leave this thread 🧵

how is that for fighting words.

Now I stand by that.



edit if you don't it means you don’t belong here as a btc person or a pow person or a satoshi person


second edit ✍️ it is okay if you don’t believe in the POW 💥 concept that satoshi coined when he first set btc into motion.

But the whole idea is energy is used to create wealth.

POW


not POS


7678  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 24, 2022, 10:21:21 PM
I think I just made the biggest decision of my life. I have converted nearly all my savings in fiat that I have amounted over my life time and invested all of it into Bitcoin @ around $36,850. I am in a weird place now because I know it is the right decision and I have confidence in my decision but I am shaking all over the place. I have kept some emergency fund in my personal bank and if any other unexpected costs arise I will be prepared to take out what is required again from my Bitcoin fund.

The process of buying this amount was not easy I had to call my bank because the transaction was blocked then I had to wait 20-30 minutes for the bank to answer me. After that the customer service guy tried to lecture me about how cryptocurrency is very risky to invest in. I told him I had been around number of years but he said he had to go through all of it. I then had to confirm that I wanted to send this amount knowing the risk. They wanted me to come into the local bank and confirm some details but I told them because of the snowy conditions that would not be possible. He then allowed me to go through verification and send the amount. This probably took me over 2 hours to complete because I was put on hold many times. But do you know what the biggest eye opener of this experience was? with Bitcoin I would not need to go through this waste of time confirming my details because now I am my own bank. I do not need permission to spend my money even if it is for a risky investment. I am both relieved and scared. I have a lot of faith and I think I have bought at the best possible time and before completing the purchase I was 99% sure this was the right thing to do but the nerves have kicked in and I think I am probably about 60% sure now.

Brave nice 👍
7679  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 24, 2022, 09:30:17 PM
Relief rally? Or trap before the next bigger dump?

40k by end of day.
7680  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 24, 2022, 09:02:54 PM
sandwich 🥪

the rise should keep going.

may we go north of 40k by the days end
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