A campaign manager and a merit source are an inherent conflict of interest.
Not more than any campaign participant if we follow this logic... Any source could merit bomb a manager in exchange of a good campaign position/payrate. If someone is trustable and own all required qualities to be source, manager or not is not important IMO. A positive thing with a manager is that we know he won't risk his reputation/business here for some merits donations Not the same at all.. Any campaign manager could merit 2 or 3 or 4 or 5 people. Do it for a month. Then let them join as heroes getting them higher fees. It is an inherent conflict of interest. I do not know the status of the 109 merit sources. I am not sure any are campaign managers. But it does not change the fact that no campaign manager should ever be a merit source. As for a signature person giving tons of merits to a campaign manager. It is visible if they do. The difference is clear. A campaign manager will know he is giving to 5 accounts that he can add at will in the future. Along with 5 or 10 others that he does not care just to throw you off. A signature guy can give 50 merits to a campaign manager and ask in a month but it would be obvious to see they did it as they would be giving to an active person. While a campaign manager giving to 15 people knowing he will add 5 down the road can hide what he is doing. If I funded a campaign I would insist that the manager does not give merits to anyone that is not a legend as it would protect me from over paying. So if Icopress says he will only give merits to legends his source would be pure. Same for any other campaign manger. let me explain this better. this is a high paying campaign https://bitcointalk.org/index.php?topic=5387753.0'Rules: ➥ Posts in local sections will be taken into account. ➥ Post bursting is not allowed, moreover it is easy to check with ninjastic.space. ➥ Posts that do not carry a semantic load or posts whose content is less than 200 characters will not be paid. ➥ I reserve the right to change the rules and disqualify any post and any participant for any reason. ➥ Excluded boards, (Altcoins, WO & Serious, Sig Threads, Press, Politics, Games, Micro, Off-topic, Mega Threads.).' So by letting him be a merit source you are giving him the ability jack up 3 or 4 full members to hero. Then slip them in down the road. I am not saying he will but I am saying this is an inherent conflict of interest. I would love to know what campaign managers are merit soruces and look back a year or 2 at the merit history. |
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fifty merit jail
how do I exit from jail
hodl merits a bit
If you look at your own merit sending page, >>>>January 30, 2024, 18:16:44: 42 to xhomerx10 for Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion<<< you will have 42 smerits freeing up in connection to your personalized affection for homer around March 2nd, if I am counting 30 days correctly.. Recently I have not been very good at counting. .. but you should be able to get the idea from that information. yeah I had 2 + 5 + 42 = 49 so I had one up my sleeve and did not know it. I was trying to give him 2 merits the last 3 or 4 times and only had 1 to spare. So now I am truly in the merit jail for him til March 2 or 3 |
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fifty merit jail
how do I exit from jail
hodl merits a bit
read JJG words
and dca the merits
thanks to JJG
Hey I like that one
and it turns out I had given homerx10 49 merits so I found one and gave it to him!
yeah baby things are looking good.
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Sooooooo im thinking of buying myself a good ASIC miner or any Bitcoin miners at around 3-5k USD and ive been searching for a while now but my i just had a recent thought of the prices. Im aware of the halving coming in the next 100 days or so. But generally speaking since the Block Reward will be cut in half to 3.125 BTC, wouldn't it affect the price of the Bitcoin miners in general? Im speculating either that, the price will go higher since China was making a slow comeback into the mining scene impacting the price and that the community of Bitcoin will most likely attract a lot of interest in the mining scene as the value and the ear to ear talks of Bitcoin spreads around more and more around geeks and people. But im also wondering wouldn't the price drop and it would be a good time to buy those miners then? Since the Block reward isn't the same it would require people to get better miners to mine the same amount they use to before? Or just the fact that in general every halving we tend to have new miners made for to stay efficient as the miner diffuclty keeps rising up? Let me know what you guys think i sincerely am looking forward to buy myself a miner just don't know when is the time!  Dont want for the perfect time as that does not exist Its one Day or Day 1 Buy and Start to Learn then remove the L and earn yeah i would do 1 miner and buy some coin basically today. but he needs good power to mine. |
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Would you rather have: - $1 million
- 0.0000002 BTC, but doubled every day for 30 days
1,000,000 the doubling effect is only better if you live long enough . 23 months to get to 1.6777216 btc 27 months to get to 26.9435456 btc 36 months to get to 13,743.8953472 this is 707,810,610.3808 USD at 51,500 usd 40 months to get to 219,902.3255552 more than I would need for sure 46 months to get to 14,073,748.8355328 this would be too much btc You have to read that again @philipma1957! I made the same mistake as you initially and then I thought it couldn't be this easy so I read it again. Double every day for 30 days.Day 1: 0.0000002 BTC Day 2: 0.0000004 BTC Day 3: 0.0000008 BTC Day 4: 0.0000016 BTC Day 5: 0.0000032 BTC Day 6: 0.0000064 BTC Day 7: 0.0000128 BTC Day 8: 0.0000256 BTC Day 9: 0.0000512 BTC Day 10: 0.0001024 BTC Day 11: 0.0002048 BTC Day 12: 0.0004096 BTC Day 13: 0.0008192 BTC Day 14: 0.0016384 BTC Day 15: 0.0032768 BTC Day 16: 0.0065536 BTC Day 17: 0.0131072 BTC Day 18: 0.0262144 BTC Day 19: 0.0524288 BTC Day 20: 0.1048576 BTC Day 21: 0.2097152 BTC Day 22: 0.4194304 BTC Day 23: 0.8388608 BTC Day 24: 1.6777216 BTC Day 25: 3.3554432 BTC Day 26: 6.7108864 BTC Day 27: 13.4217728 BTC Day 28: 26.8435456 BTC Day 29: 53.6870912 BTC Day 30: 107.3741824 BTC So unless we think bitcoin is going back to a little OVER 9000! in a month, or gonna do a 5X in a month (if we took the money now and bought 19.28 BTC with it) - bitcoins are the better deal but then hasn't that pretty much always been the case in the long term? Ah. still in 50 day merit jail this should get some merit from me. I guess I did not have my morning coffee and read it as every 30 days. Well I never sit down at my computer until after I have made my morning coffee but even then, I still misread things. fuck this 50 merit jail sucks. so far three or four time i cant merit you. |
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Is that a politically biased opinion or there exists a valid technical reason behind it?  Lol, the hundreds of thousands of Russian coming to Europe with the same stories of corruption and government taking their chunk of business, with agencies demanding they would hire people that would no nothing just stay there and monitor how much you have to pay, with the whole weaponizing of every trade, with the takeovers of business on a wimp, you think this is political bias? My company traded with russian companies before, you know how funny is to give full paid vacations to people that don't work for you?  But regardless of what you think about said country, I doubt you think they are worse than China, do you? the Chinese had control over bitcoin mining, and nothing happened, personally, I don't believe "evil" would exist in the mining business regardless of the government views of BTC,
Well nothing happened at all for years, and suddenly they wanted miners out! Could anyone have done something against it? No! The fact that something worse didn't happen doesn't mean it won't , it simply means they didn't felt like doing it! I highly believe that rich people are stronger than all governments, if there exists a country where a few rich people own 20-30% of the total hashrate, it means they are strong enough for any government to screw them over, I know what some legacy media might tell you about countries that are ruled by a single man -- they say the same thing about my country, but I know such things don't exists, power resides where money resides, the government (or otherwise a single handed man) is only strong enough to control the average citizens, the rich -- will always operate as they please and will always do what's best for their investment.
Jack Ma probably would have a story to tell about that! So would the dozens of Russians businessmen that jumped from a window, or the Lukoil chiefs that decided to kill themselves with their families the same day in different countries on vacation! I don't know exactly what county you talk about but there are levels of corruption and distribution of power, your country could jail people for 25 years for insulting the head of state and still not be as rotten as those. It was the same here under the previous CP, eveything was fine till it wasn't and declared a threat and my relatives ended up for years in jail because of suspicious "roots"! They too might have a story to tell you but unfortunately I can't arrange even a spiritual session, cause even now we don't know where they got buried! If... It's the same thing that happens to some in quite freely run states, one tiny abuse and they think they are as worse as NK, but they've never actually experienced even 1% of what's there! Trust me, you've never actually experienced true dictatorship, or at least you haven't been on the wrong side at the wrong time! Back to the miner, don't get me depressed on Saturday night! Ya but that is a lot of "ifs" which we all know isn't going to happen, there are not enough people (millions) who can afford and care about "mining decentralization" without caring about the cost/profit, also given that we talking $100-200 per th, it just not going to happen, even if you had millions, speaking of the device in the this very topic, it does 0.7th per device?
Wait, let's not go for zeus price but for prepackaged chips! So not $40 but 5000/324 so that would be $15. Again, I don't know shit about the rest and the prices for it , Skot was still active lately here so he might throw around a number and I think we could drop the above quota to 4 or 5 if we talk massive manufacturing and not 100 orders! so you are going to need 1.4M of them to obtain 1EH which is not even 0.2% of the total hashrate, so what are the numbers we talking about? we want these small miners to gain 25% of the network hashrate? great then we need 210,000,000 of them.
1) I was aiming at things a bit higher, that would be 40-50W so 4-5 times higher and shaving 20% at least after the halving. 2) How long would the reward be able to keep that massive hashrate online? The price won't double forever, at some point all the extra things (land,rent,wages) will take their toll I won't say it's doable now or even remotely in the next few years but I would rule out the word impossible! in BTC, it's different, if you are not finding blocks -- you are just burning electcity for no good reason.
I don't understand why you're fixed on solo mining and why those couldn't be part of a p2pool? But ok, let's drop the torrent and switch to fold@home example! I believe the opposite will be true, the more times goes buy, the less eleciticty BTC would use, of course, we are not there yet, but I think of it as climbing a mountain, we would get to the top of it and then start going down, the only reason why the market still allowes electcity growth is because we have not hit the effiecny wall and the rewards are still huge, eventually, when there is a little room left for hardware improvement, and the block rewards are next to nothing, there bitcoin ecosystem won't have a room large for everyone.
Which brings us to point 2 in my above reply! I think that after another halving the ratio of what % of the hashrate you can buy for $100 will change dramatically, of course counting inflation. But as much as I know thousands could use this in the USA I doubt I will be able to more than a few hundred of them.
The moment a heater cost $50 at walmart and the miner heater cost $500 and recoups only $10 a month probably not even 1% would. 30th is 2-3 a day or 60-90 a month. if you need a space heater and run it six months a year you get back 360 to 540 a year. if you do not need a space heater you do not need the modded miner. |
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Would you rather have: - $1 million
- 0.0000002 BTC, but doubled every day for 30 days
1,000,000 the doubling effect is only better if you live long enough . 23 months to get to 1.6777216 btc 27 months to get to 26.9435456 btc 36 months to get to 13,743.8953472 this is 707,810,610.3808 USD at 51,500 usd 40 months to get to 219,902.3255552 more than I would need for sure 46 months to get to 14,073,748.8355328 this would be too much btc You have to read that again @philipma1957! I made the same mistake as you initially and then I thought it couldn't be this easy so I read it again. Double every day for 30 days.Day 1: 0.0000002 BTC Day 2: 0.0000004 BTC Day 3: 0.0000008 BTC Day 4: 0.0000016 BTC Day 5: 0.0000032 BTC Day 6: 0.0000064 BTC Day 7: 0.0000128 BTC Day 8: 0.0000256 BTC Day 9: 0.0000512 BTC Day 10: 0.0001024 BTC Day 11: 0.0002048 BTC Day 12: 0.0004096 BTC Day 13: 0.0008192 BTC Day 14: 0.0016384 BTC Day 15: 0.0032768 BTC Day 16: 0.0065536 BTC Day 17: 0.0131072 BTC Day 18: 0.0262144 BTC Day 19: 0.0524288 BTC Day 20: 0.1048576 BTC Day 21: 0.2097152 BTC Day 22: 0.4194304 BTC Day 23: 0.8388608 BTC Day 24: 1.6777216 BTC Day 25: 3.3554432 BTC Day 26: 6.7108864 BTC Day 27: 13.4217728 BTC Day 28: 26.8435456 BTC Day 29: 53.6870912 BTC Day 30: 107.3741824 BTC So unless we think bitcoin is going back to a little OVER 9000! in a month, or gonna do a 5X in a month (if we took the money now and bought 19.28 BTC with it) - bitcoins are the better deal but then hasn't that pretty much always been the case in the long term? Ah. still in 50 day merit jail this should get some merit from me. I guess I did not have my morning coffee and read it as every 30 days. |
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And I think that Bitmain wants to sell the maximum number of ASICs before the halving. There are approximately 45 days left before the halving, and even if you manage to mine on the purchased ASIC for the remaining 30 days before the halving, it will be profitable. If the price of Bitcoin is about 50 thousand dollars, and the profit after halving decreases, then the price of ASICs should also decrease.
Before buying, I would consider what time is more profitable to buy an ASIC, if there is no big shortage now.
Yes, good advice, if the timing is bad it can affect your ROI in a negative manner. But is it still profitable to run a single miner (even in a pool) at all? I don''t think so. Why don't you just spend $5k to buy Bitcoin instead? Mining difficulty will increase soon after the halving (April?) but so will the price. You can (although not guaranteed) to earn x2 to x3 off your coins in the next year or so. Then you can buy yourself some miners with your gains and play with them until the next halving. well if you get this miner https://shop.bitmain.com/product/detail?pid=00020240216094712908jGCXSTu10692pay 3059 after coupons. you really should also buy 0.061 btc and hodl it this way you hedge your play |
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Would you rather have: - $1 million
- 0.0000002 BTC, but doubled every day for 30 days
1,000,000 the doubling effect is only better if you live long enough . 23 months to get to 1.6777216 btc 27 months to get to 26.9435456 btc 36 months to get to 13,743.8953472 this is 707,810,610.3808 USD at 51,500 usd 40 months to get to 219,902.3255552 more than I would need for sure 46 months to get to 14,073,748.8355328 this would be too much btc |
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we need 95k by may 1 to be close to today. we need 120k to be equal to the very high jan 1 earnings which were 13 cents a th. we are hurting and coming to a cliff. by we miners. today i advise buying coin not mining it.
Well, I think this will be the increasing danger. The margin for smaller miners is getting tighter and tighter. And maybe after the next Halving more small miners will turn off the machines. And for mining to become even more concentrated only in large miners, this means leaving the network completely under the control of these large miners. I also don't think the solution is higher transaction fees, as this will cause a lack of motivation in using the network. But finding a balance point is not easy. for years 6 cent power was always good for miners. but this April Six cents will be not good enough for all s19's other than xp units. Now maybe we just move to 75k which will bail out all s19s at 6 cent power. a bit of a retreat. https://newhedge.io/terminal/bitcoin/difficulty-estimatorLatest Block: 830952 (5 minutes ago) Current Pace: 94.8199% (361 / 380.72 expected, 19.72 behind)Previous Difficulty: 75502165623893.72 Current Difficulty: 81725299822043.22 Next Difficulty: between 78207390922773 and 80543945372999 Next Difficulty Change: between -4.3046% and -1.4455% Previous Retarget: last Thursday at 9:07 AM (+8.2423%) Next Retarget (earliest): February 29, 2024 at 3:06 PM (in 11d 14h 31m 54s) Next Retarget (latest): March 1, 2024 at 3:28 AM (in 12d 2h 54m 8s) Projected Epoch Length: between 14d 5h 59m 7s and 14d 18h 21m 21s
Latest Block: 831158 (4 minutes ago)
Current Pace: 93.0051% (567 / 609.64 expected, 42.64 behind)
Previous Difficulty: 75502165623893.72
Current Difficulty: 81725299822043.22
Next Difficulty: between 76445451360519 and 79084906318874
Next Difficulty Change: between -6.4605% and -3.2308%
Previous Retarget: last Thursday at 9:07 AM (+8.2423%)
Next Retarget (earliest): February 29, 2024 at 9:19 PM (in 10d 6h 36m 30s)
Next Retarget (latest): March 1, 2024 at 10:23 AM (in 10d 19h 39m 47s)
Projected Epoch Length: between 14d 12h 12m 56s and 15d 1h 16m 14s
Still a decent back off in difficultly. |
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I like the chart below as two Barts were cut off. When ever I see Barts not quite making it I believe we are very positive. I am not a chart guy except for unfulfilled Barts and solid looking v's that cut the Barts off.  |
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I have a m20s.
I think it is identical.
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I have access to kraken's exchange and they offer their LN wallet.
So if I put 500 usd into kraken buy 500 worth of btc and use their ln wallet to my ln wallet then move to a my second ln wallet . are those in the second wallet clean? and or mixed?
part of what I don't under stand is cleaning action of the ln wallets.
I mine at nicehash. say 500 usd a month in btc this lets me use nicehash's ln wallet so if I sent 500 usd worth of btc from nicehash ln. to my ln wallet on then sent to my ln wallet 2 is that clean?
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Go woke, go beyond broke. Unbelievable.  A ‘bankrupt’ council that became the subject of protests over proposed budget cuts has held a ‘Queering Nutrition’ event.
The brainchild of Birmingham city council’s public health division, the workshop explores the “interaction between the LGBTQ+ community and our food system”.
‘Bankrupt’ council at centre of budget-cut protest holds ‘Queering Nutrition’ eventhttps://uk.yahoo.com/news/bankrupt-council-centre-budget-cut-161210330.htmlI don't live anywhere near that dump but it's still infuriating this is going on in the UK. the west is totally infected with this shit. And tptb are trying to push this retarded agenda on the rest of the world too. I blame birth control feminizing the world. https://www.ncregister.com/news/birth-control-in-drinking-water-a-fertility-catastrophe-in-the-makingMost of the youngings I run into are all SNOWFLAKES. I stopped drinking or cooking with tap water. Better go with a soft natural mineral water or filter the tap water with an osmosis filter. ...and not because of Mr Jones ... plus six merits very funny! |
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Em, again....did I miss something with icopress mixing his campaign management with something he shouldn't have? Is there any substance to the argument that he'd misuse the source sMerits he'd be allotted were he to be made a merit source?
I have nothing against @icopress personally and his activities as a bounty manager. It is his personal right to choose what type of activity to engage in and what projects to promote on the forum. But if my voice could influence anything, then I would vote against his (as well as any other forum member involved in bounty campaign management) candidacy for the role of merit-source while he is an active bounty manager. As far as that proposed requirement above, a lot of members have some sort of "business-related activities" and if Theymos were to assume that there would automatically be a conflict of interest, that there would be merit abuse because of those business activities, the list of merit sources would likely consist of drooling morons below Full Member rank who couldn't tell what a good post looks like. In other words, it's not a good suggestion. No offense.
Not all good proposals will have a positive impact on the community, and not all bad proposals will be harmful. I’m not saying to ban any business activity (other types of activities should be discussed in a separate topic) for merit-sources, but only the role of a bounty manager. I consider the activities of a bounty manager with merit-sources unacceptable. I don't claim to be the only correct and true opinion/suggestion, but only an honest one. I expressed what I thought about this. Some will agree with me, some will not. This is normal. The purpose of a forum is to speak out and discuss, and then on the basis of this the best solution for the community will be formed. There is a simple and effective way to check the trustworthiness of intentions any candidate for merit-sources. If the user is ready to give up the role of bounty manager completely (at least for the period of assignment assumes the role of merit-source), then he is worthy of this role. This will demonstrate the “purity” of intentions for the period of service in the role of merit-source, for this is in a sense a volunteer activity. A campaign manager and a merit source are an inherent conflict of interest. |
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I was gonna sell my coins, but then. This is the uncensored version. Thank you. |
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So a rated 3500 watt unit will sometimes do 3650 watts.
you are 100% correct! I ordered several S21's but only 1 from the jan batch. I can say, with the utmost certainty, it pulls on average 3.621 kW @ the wall. Your prediction is extremely accurate lol. All the same - the miner averages about 204 TH/S which is solid. Hoping to be able to undervolt/underclock it for even greater efficiency (wouldn't sacrifice more than 10% HR - but if I can drop it .5-1.5 J/TH like I was able with my 19K Pros - i'll be happy. You are very lucky newer got under 3900w https://www.youtube.com/watch?v=NWVqNSx4YUI. 300 x 24 = 7200 watts a day. 35 cents a day at five cent power. 70 cents a day at 10 cent power. A small commercial mine like mine has 70 pieces we are near 5 cents. so we lose 25 usd a day in power. or 9125 dollars a year. It is a lot for us. |
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Another day in the books (UTC) and another green candle. That's 11 of the last 12 days. Gee. Are we in a bull market yet? depends on the timeframe Short term (days) Yes Mid term(weeks) not sure Long term(months/years) Yes. Short term (days) yes Midterm (months) yes Long term (years/decades) yes. What you're describing is a peak market, not a bull market. Of course it would also be part of a bull market. Where did you come up with the top 100 days list as an arbitrary definition of a bull market? Well this pretty simple reason. A bull market means profits are happening left and right and up and down. Technically we are bull for almost all. But in 60 days miners drop to bear due to the 1/2 ing. Plus all people that got in in 2021 at 55k or more are still losers. So we are kind of bull. True bull is everyone one is up. Right now we are close. And 55.5k number 100 on the list would be short. 72 maybe 80k which I think JJG calls wake me up is true bull. |
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we need 95k by may 1 to be close to today. we need 120k to be equal to the very high jan 1 earnings which were 13 cents a th. we are hurting and coming to a cliff. by we miners. today i advise buying coin not mining it.
Well, I think this will be the increasing danger. The margin for smaller miners is getting tighter and tighter. And maybe after the next Halving more small miners will turn off the machines. And for mining to become even more concentrated only in large miners, this means leaving the network completely under the control of these large miners. I also don't think the solution is higher transaction fees, as this will cause a lack of motivation in using the network. But finding a balance point is not easy. for years 6 cent power was always good for miners. but this April Six cents will be not good enough for all s19's other than xp units. Now maybe we just move to 75k which will bail out all s19s at 6 cent power. |
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