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1  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 13, 2024, 10:47:58 AM
https://x.com/saylor/status/1801202266768326895

Saylor's gonna be buying again soon
2  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 07, 2024, 12:56:17 PM
Faketoshi getting ripped apart in court, very real possibility of criminal charges for him now. FAFO
3  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 07, 2024, 04:10:03 AM
https://www.coindesk.com/markets/2024/06/06/medical-device-maker-semler-scientific-buys-17-million-more-bitcoin-and-is-raising-money-to-purchase-more/

These guys get it, another BTC purchase. Looks like Saylors playbook being used by others
4  Bitcoin / Hardware / Re: Official FutureBit Apollo BTC Software/Image and Support thread on: June 06, 2024, 05:30:03 AM
Had a free moment so decided to upgrade. Went fine, as said it takes a while between the 60 and 70% mark but after that it rebooted and came up no worries. I've bound an IP address to the Apollo2 so it kept the same IP and away it went hashing again
5  Bitcoin / Hardware / Re: Official FutureBit Apollo BTC Software/Image and Support thread on: June 05, 2024, 09:48:15 AM
Anyone had a successful flash to 2.0.5? I'm a bit weary to upgrade until others report some success, don't have time currently to stuff around reflashing SD cards

It seems it's worked for me because the node is running and the solo mining works.. but i can't reach the dashboard via the browser. Didn't test to plug the apollo directly by hdmi.

Yeah I'll wait then. Running it as a headless unit and don't want to directly plug into it to mess around, hopefully a fix comes soon
6  Bitcoin / Hardware / Re: Official FutureBit Apollo BTC Software/Image and Support thread on: June 05, 2024, 07:05:57 AM
Anyone had a successful flash to 2.0.5? I'm a bit weary to upgrade until others report some success, don't have time currently to stuff around reflashing SD cards
7  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 03, 2024, 02:21:05 PM
I reckon Tesla has done massive damage to its brand with the CyberTruckFuck.

It remains to be seen if they can undo that nonsense end of the road route, and just make new cars again.

Elon Who?

Fuck Elon
8  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 03, 2024, 09:53:51 AM
Dunno if anyone has been following the OneCoin stuff over the years like I have but the BBC just released a new doco about it/her. The podcast is a good listen too if you have the time

https://www.youtube.com/watch?v=FTnTToWEHvI&t=183s&pp=ygUXdGhlIG1pc3NpbmcgY3J5cHRvcXVlZW4%3D

I can't help but think of all the people who got scammed of their money. If they just bought BTC with it back in 2016 instead, what would they have now?
9  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 02, 2024, 04:06:28 PM
You are still early… how early? Imagine you adopting internet during 1990-2000.

I don't think many of us here have to imagine it.



I can remember operating microsoft word in DOS, which looked quite similar on a monochrome (non-flat) screen.
And by remembering this, i also recalled Eliza, my first commandline encounter of AI (oldschool insiders may lol here).
We didn't even have internet by this time, about the early 1990's, which was installed later in 1994 at my parent's house, when i was already operating Cubase Audio (4 Stereo tracks!) via mouse and keyboard in Windows, on Intel 486 or early pentium (75 or 90 mHz) CPU. 30 years...


Oh man this takes me back. I also had the P75 which I overclocked to a P90 by changing the FSB; looking back it was pretty cutting edge stuff for a 10ish year old. I really miss those days tinkering with hardware, everything was so fresh and exciting and overclocking often returned huge gains (Celeron 300A @ 450MHz anyone? Cheesy)
10  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 31, 2024, 09:34:14 PM
Yeah fab space too is costly, forgot about that. Especially these days competing with AMD, nVidia, etc

It really depends on node size but that's where the efficiency is, especially on such a simple asic.

Bitmain is what, 5nm now?
11  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 31, 2024, 08:37:46 PM
https://x.com/GrassFedBitcoin/status/1796311998466003418

Very, VERY good read!

In short, fuck Bitmain if you want fuck

Good read indeed, thank you.
Especially considering that I just at this very moment when you posted wondered why block 845,948 that got mined a few minutes ago happened to be empty..

Own quite a bunch of their miners but really starting to hate them.

Unfortunately they have quite the monopoly on the hardware ecosystem and used that monopoly to actively fuck over their competition too

Yes, but why? Why do they have a monopoly at all?

With all the chip making capacity in the world, especially in places like Taiwan, and cheap labor worldwide, there should be hundreds of Bitmain competitors by now.

Doesn't compute with me.

Enlighten me.

I don't think a lot of the main cost is the manufacture of the chips but the R&D in designing them (I stand to be corrected here if I'm wrong)

 I seem to remember seeing an invoice from one of the fab shops asking for $200+million to produce another generation of ASICS for friedcat and Asicminer didn't have the funds and I believe he was reluctant to do another pre-order (that's a lot of money to raise).  Wish I had saved screen shots - most links I can find are dead.

Yeah fab space too is costly, forgot about that. Especially these days competing with AMD, nVidia, etc
12  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 31, 2024, 07:34:02 PM
https://x.com/GrassFedBitcoin/status/1796311998466003418

Very, VERY good read!

In short, fuck Bitmain if you want fuck

Good read indeed, thank you.
Especially considering that I just at this very moment when you posted wondered why block 845,948 that got mined a few minutes ago happened to be empty..

Own quite a bunch of their miners but really starting to hate them.

Unfortunately they have quite the monopoly on the hardware ecosystem and used that monopoly to actively fuck over their competition too

Yes, but why? Why do they have a monopoly at all?

With all the chip making capacity in the world, especially in places like Taiwan, and cheap labor worldwide, there should be hundreds of Bitmain competitors by now.

Doesn't compute with me.

Enlighten me.

I don't think a lot of the main cost is the manufacture of the chips but the R&D in designing them (I stand to be corrected here if I'm wrong)
13  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 31, 2024, 07:32:17 PM
https://x.com/GrassFedBitcoin/status/1796311998466003418

Very, VERY good read!

In short, fuck Bitmain if you want fuck

Good read indeed, thank you.
Especially considering that I just at this very moment when you posted wondered why block 845,948 that got mined a few minutes ago happened to be empty..

Own quite a bunch of their miners but really starting to hate them.

Unfortunately they have quite the monopoly on the hardware ecosystem and used that monopoly to actively fuck over their competition too

A question arises: why none of other "silicon" companies ever made an ASIC: the likes of Nvidia, AMD, etc.?
Bitfury did, but ONLY for their own "consumption".

Most likely because they could not make it cheap enough. No one would pay 100K for a miner if it can only produce $10K worth of bitcoin right now, even though this bitcoin could be worth a $1 million sometime later. I distinctly recall people bristling at mining with a "loss" in 2015, then in 2018 and 2020.
Those "losses" became huge gains (if miners would have kept the coins).
In fact, the best model would have been to borrow cash at low interest, buy miners, then keep the coins and pay back the loan from an alternative cash source.



Yeah I'd assume cost. Bitmain has been doing it for so long now they've got quite an advantage/head start. I think as the years go on other, bigger manufacturers will eventually come in the space but that's something I don't have real knowledge about
14  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 31, 2024, 07:17:14 PM
What ever happened to friedcat? Just fell off the face of the earth
15  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 31, 2024, 06:49:15 PM
https://x.com/GrassFedBitcoin/status/1796311998466003418

Very, VERY good read!

In short, fuck Bitmain if you want fuck

Good read indeed, thank you.
Especially considering that I just at this very moment when you posted wondered why block 845,948 that got mined a few minutes ago happened to be empty..

Own quite a bunch of their miners but really starting to hate them.

Unfortunately they have quite the monopoly on the hardware ecosystem and used that monopoly to actively fuck over their competition too
16  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 31, 2024, 06:25:13 PM
https://x.com/GrassFedBitcoin/status/1796311998466003418

Very, VERY good read!

In short, fuck Bitmain if you want fuck
17  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 30, 2024, 01:05:27 PM

The first bitcoin/crypto (ugh) election. How times have changed
18  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 29, 2024, 07:46:46 AM

Time for someone to
step up… to make you a de-
served Legendary


Only few merits left brother

*Done deal I noticed

Ho lee shit!

Legendary; thanks all!

50 merit too, what a big one! Here's it back at ya buddy!

Haha not needed to... But cheers being a Legendary account.

Cheesy
19  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 29, 2024, 01:20:59 AM

Time for someone to
step up… to make you a de-
served Legendary


Only few merits left brother

*Done deal I noticed

Ho lee shit!

Legendary; thanks all!

50 merit too, what a big one! Here's it back at ya buddy!
20  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 28, 2024, 02:25:14 PM
It's started...

https://www.prnewswire.com/news-releases/semler-scientific-announces-bitcoin-treasury-strategy-302156715.html

Companies following Saylors playbook
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