To all that disagree look into sunken pirate ships and the treasure involved when found some very interesting laws are involved as to who gets to keep what is found.
There are no laws that can pull the ships from the deep to the surface, though. I thought that's what we were talking about. An interesting way of talking about it. Basically the assets are: 1) lost 2) abandoned 3) hidden and or hodled In the case of both the ships or the BTC My argument is rules are in place to encourage and or discourage treasure hunting all over the world. They are complex rules and they are not always followed but there are rules. To think that in 2059 there will not be a cry for rules to recover those lost abandoned hodled btc Is pretty naive. But what do i know not much. |
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I am not sure what they will add in the next 10 months but I suspect I will need to order a lot of something .
So what's your plan, just buy the new S19s when they hit the market? My plan is a bit different, I think buying mining gears in the middle of the bull cycle is really a bad idea when measured against holding bitcoin, in all the previous cycles we saw that most gains come in the last 2-3 months of the cycle and then the next 2-3 months will wipe out all those gains, it has always been the case and I don't see why would it change now. So the theory is, by holding bitcoin when we go parabolic you can easily and slowly sell your coins, but with mining, it isn't the case, you will enjoy 2-3 months of good rewards and then that's it, 3 months later your rewards and the value of the mining gear will most likely be reduced by half in the best-case scenario, which is why I rather stay as liquid as possible especially since we are already 3 years into this cycle and what's left in it is most likely a LOT shorter than what has passed. I am interested in other folk's plans in regards to expanding or otherwise existing. Well we/I have been blessed with a wonderful year of mining topped off by hitting a few blocks on mmpool.org We have acquired more power and will be doing more power again. I am older 64 with 0 kids and no one to leave my vast fortune to. (sarcasm my fortune is not very vast) I plan to mine to 68-71 years old and sell my share of the mine to my partners. We have done well enough so far that becoming a loser is really hard to do. The key is slow expansion whether it is over priced, correctly priced or under priced gear. At the moment we are lopsided we have more gpus then we should less L7 for Doge/LTC than we should and less s19 than we should for BTC. our big priority is s19 I would buy a futures s19 140th right now and wait for 2022 3rd quarter because I could get a deal if it switches in price. I figure we need 3 s19 140 th machines Maybe we get one this month and wait until August for delivery. It is not about buying a lot of them. As they are over priced. |
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Still in the top 10.
hoping for lucky 13 today. I would love to see Nov 2021 go down as the only month to be all 60k With Dec 2021 being 70k and up |
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Got an alert from my S9 that it was down and when I went to check on it, discovered that all 3 of my miners seem dead. Power is up/good: l3+ powers on, no status lights on the hasboards, 2 red leds near one of the hashboard connectors s9 powers on, no status lights on the hashboards. leds on the controller are all green. One hashboard briefly flickers red but then nothing. doge mini powers on but red status light on the front (Alas, I was going to unplug is yesterday to sell it, but didn't get around to it) No web response for any of them. I'm pretty sure I'm well and truly f*cked. Even at used prices, none of them have even paid for themselves yet  Any advice on what to do next? I'm pretty sure it must have been a power surge, everything is plugged into a bare PDU. shut them all off. wait 1 hour only turn back the s9 in 1 hour. do it with just the controller connected ie unplug the 9 power jacks to the 3 hashboards. let us know if you can find the controller on your internet/router |
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Very new to mining, so sorry for what may be a dumb question. Initially I purchased a Antminer S9J. I am in the US, so I had an electrician come out and install a new 20 AMP 240V circuit and two Nemo 6-15P outlets, and ordered a 14AWG C-13 power cable.
I have since decided I would rather run and have ordered a single Whatsminer m30s from this new circuit, but can't seem to find a 6-15P C-19 (which is what I believe I need) in 12AWG, only in 14AWG. Is it likely I will need to change to a different outlet, and if so, should I upgrade to a 30AMP circuit. I'm only planning on running this one miner on the circuit, so I think 20AMPs should be good.
Thanks,
wait for a link. https://www.ebay.com/itm/164989561511? this cable will work with following receptacle. .. https://www.ebay.com/itm/184882974874?the cable will handle 16 amps 24 / 7 the receptacle will handle 16 amps 24 / 7 so if you are 240 volts it will do 3840 watts safely but if you are 220 volts it will do 3520 watts safely I like locking plugs. |
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I have nothing against boomers, and abhor that phrase. Almost a boomer myself. Cusp. But on the GenX side. We are a sarcastic generation.
Does thaT COME from dealing with boomers their whole life?  Sarcastic Joke was too low hanging for me not to hit it!And cynical.
One day the millennials will also be sarcastic and cynical.
It is called growing up.
It takes half a lifetime to realize you were brought up with lies from the beginning. you got that right. |
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The great white is doing 24ph as I type.
At the moment I am offline due to power outage at the mine.
Rank Id DGM Estimate Shares Rate (MHash/s)
1 06ae84f6 3.24519975 219,128,775,850 24,319,035,362
2 2d0ba29d 0.08059146 1,938,500,268 46,906,163
3 1b7093a2 0.08283873 983,447,800 0
4 29501a4c 0.04709458 811,366,441 0
5 b0d22e5b 0.04975065 809,310,276 0
6 aa58b1b1 0.00375368 801,003,202 0
7 c932f3ed 0.04688820 793,121,012 0
8 03045cf3 0.00036234 759,575,977 0
9 71602a00 0.05401609 557,851,017 0
10 7c9016f6 0.04664595 266,642,049 0
Stand to grab close to .28 if the great white hits right now.
Still waiting on a few payments to clear.
I am owed about 0.18 as I type
I was paid about 0.24 btc so far
Would be nice to hit again.
Paid in full thank you.
Hoping the whale hits over night.
He is running a bigly number as I type 145632.86 th
now that number should hit a block in six days with standard luck.
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12 for 12 in Nov all over 60k
and only 5 numbers in the 53 k range.
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Let's start using money supply instead of market cap when it comes to bitcoin.
The problem with using market cap is that people compare it with stocks (that have market cap) then see their total market cap is smaller and it scares them when they compare it with bitcoin's that has surpassed $1 trillion and what it will surpass when it goes above $1 million price.
Using money supply makes more sense for a currency and it helps us make more useful comparisons such as the fact that the world's total money supply is said to be around $5 quadrillion ($5000 trillion) while bitcoin's money supply is only $1.18 trillion.
In other words this one of a kind global decentralized currency only has 0.023% of total money supply!
I say it will reach at least 10% in the next decade as we get closer to mass adoption which means a price of $26.5 million per bitcoin or better said 26 cents for 1 satoshi.
Where are you getting the $5Q number from? I'm not even sure if it's that much even when all derivatives are included. Maybe your number includes the value of all natural resources on Earth and on the Moon?  But I agree there's potentially a lot of room for growth, provided there won't be too much friction when exchanging to/from fiat currencies, and that's uncertain. never heard 5000 trillion for all the value in the world. have heard 100 trillion have heard 200 trillion and even 300 trillion. If you figure inflation is baked in and next year it is 6% due to the 5.9% rise in social security checks. If you say we are trully 300 trillion and add 18 trillion due to inflation a guess that btc could do 2x or say 128000 seems reasonable as a low number for 2022. |
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It is a lot to ask 4 straight 4% jumps well one is almost done.
The means we need at least 6.40+6.65+6.92+7.19 EH increase for 4 straight jumps, it's hard to maintain which is why I still think we might not get a new ATH before next year, but again since we still have old gears that can come online at any second, let's just expect the words and say that we finish this year with a new ATH difficulty and a total hashrate of 180E. we know that every 1EH is roughly 10,000 S19 pro which means by then we will need 72,000 S19 pro or the equivalent every 2 weeks(a bit less) to sustain a 4% increase, I think the maximum we can have will be 20-30k gears every two weeks, it so we likely won't be seeing anything above 2% increase once we pass the ATH, so 30T diff by June-July? I saw super s19 due 3rd quarter 140th 21 watts much better than 105th and 29watts I am not sure what they will add in the next 10 months but I suspect I will need to order a lot of something . and 4.6% https://www.bitrawr.com/difficulty-estimator... Latest Block: 709571 (a minute ago) Current Pace: 104.5904% (1956 / 1870.15 expected, 85.85 ahead)Previous Difficulty: 20082460130830.84 Current Difficulty: 21659344833264.85 Next Difficulty: between 22654212564245 and 22655135120774 Next Difficulty Change: between +4.5932% and +4.5975% Previous Retarget: October 31, 2021 at 3:58 PM (+7.8520%) Next Retarget (earliest): Tomorrow at 12:13 AM (in 0d 9h 33m 39s) Next Retarget (latest): Tomorrow at 12:14 AM (in 0d 9h 34m 27s) Projected Epoch Length: between 13d 9h 15m 11s and 13d 9h 15m 58s |
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So when NEW poll??
Is S2F 98k close November going to happen
Yes or No ….
Maybe  |
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S9 for 580 with a psu will turn a profit if you have cheap power. https://www.ebay.com/itm/234282160679?I have zero idea if the seller is any good. I have zero idea if the gear will work. But it earns 38 cents a th and does 13th or $4.94 a day if you have 10 cent power it burns 3.12 a day so 4.94-3.12= 1.82 a day profit. but if you have 20 cent power it burns 6.24 a day so 4.94-6.24 = 1.30 a day loss. |
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Hard to say, S17's have had a very high failure rate and S19's haven't been around for very long yet.
yeah we have 17 s17 units and maybe we are down to 12-13 the 1 s19 still works |
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wifi is always a shot in the dark. So many ways to drop connection.
I like mid priced four port routers
I hard wired every mining thing I do.
Two small switches to the ports on the router.
router >>>>switch > 2 big switches>>> lots of miners
router>>>> switch > 2 big switches >>>> lots of miners.
but I run a mix of gear.
sha asics
ltc asics
gpus
the key 🔑 is quality eth cables.
cat 6 good and less trouble
cat 5 good but maybe a bit quicker to fail
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Oh no, bitcoin crashed to levels not seen since 2 days ago.
And three weeks ago, and seven months ago. ... it's probably time you sodl up and went back to fiat and speculating in stocks old boy ... your bitcoin bags are becoming too heavy for you I can understand guys like arrie or philipma being nervous - they're 60+ and want to live now. BTC mooning in 10-15-20 years may appear useless to them... I am stacking and growing the mines as I type. we also built a 45kwatt then a 115kwatt and in the middle of a 500kwatt solar array. I don’t need or want moon shots. But at 64 doing mining for 20 years is not in the cards for me. I want to travel 🧳 and have some fun before I am done. At the moment crawling around dozens of 240 volt cables in 90f + rooms is work that I still don’t mind doing. But eventually I am going to retire from it. I will have mined from 2012 to maybe 2027 and possibly be a BTC millionaire. So six years and out is the plan. To all those that love to say “boomer” watch this movie https://www.imdb.com/title/tt0063808/and stfu 😊 and while you are at it watch this one https://www.imdb.com/title/tt0048545/boomer fucking “morons” biden trump bush clinton are and were not boomers. yeah so far only one boomer prez obama btw he is still the only president younger than me. which makes sense. |
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Okay ✅ we are Perfect for Nov.
all 11 days over 60k.
Knocking off lots of the lower numbers down to six in the 53k range.
Another good day for us.
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Industries that are not sustainable, which in most dictionaries nowadays means carbon emissions, are loosing the investors good graces. These activities are considered at risk, since regulations in the future will likely mean that they will have to change or reformulate or undergo serious pressure from regulators.
There has been plenty of literature about bitcoin effects in the environment. While I agree that bitcoin is probably less damaging to the environment than 20 thousand Visa employees commuting to work, there is still plenty to do about the farms and the energy they consume. It may be possible to support green mining over others?
Not really that much in concern about mining activity which does make out some great affect on the eonvironment just as those shitty regulators trying to push on? They've bee throwing lots of shitty reasons that mining is indeed harmful to environtment witihout even trying to look on other old things which did really make out more emmissions or do something more harmful on ecosystem.It is really just they are trying to push out some issues which is actually not really that too strong to accuse on. It is the single greatest reason to convert to solar that has ever happened. we built a 50kwatt solar due to btc we built a 115kwatt solar due to btc we are building a 500kwatt due to btc all in NJ they generate 10kwatt 24/7/365 23kwatt 24/7/365 100 kwatt 24/7/365 year round averages for the three systems. in NJ if we could find proper investors we could do 5 to 10 megawatts all basically due to btc |
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Pretty impressive. The tweet says sales have begun, but there's no mention of it on their website.  I would get one but long wait for delivery’s. |
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This is just another reason the idea of "lost coins" is el stupido. The ONLY person with the rights to move bitcoin is the holder of that (those) private key(s). Period. And it is their right to move them as they please. Even if it frightens people, or means they are rich, or crashes the price. Or proves they are Satoshi, or ANYTHING. PERIOD. I am not scared. I still have the keys to my coins. I suspect the vast majority of the “frozen” coins are not lost or abandon pretend that the number is 4 million coins 2.4 million would be by long term holders not lost and movable. much as the ones above were just done. It all an exercise in imagination when we are trying to guess 2049-2059 btc rules and decisions. realistically I have 20 years left to live. based on family male history 77-86 years old is a common death age for men. |
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