Anyone have an idea of why txn count has fallen so hard recently? it hasn't been anywhere near this low in over 6 months.

https://mempool.jhoenicke.de/#BTC,1y,count

https://mempool.space/mempool-block/0

What kind of plug is that for the air cooled s21? that's no C19/20

ik im beating a dead horse but long term solution is to allow more transactions per block. that way when BTC is at $1M it doesnt cost 270 bucks at 100sat/vbyte the more people that are able to pay a txn fee the more fees miners get its quite simple.

also liked the idea of adding more decimals cuz even at a point 1sat/vbyte will hurt and would be impossible to go lower not like anyone is able to pay 1sat/vbyte even today lol

That site looks like a scam. like look at the image in detail. you cant tell what anything is and it looks AI generated

take a look at the Bitaxe by skot. Its open source and a new version uses the BM1366 chip that are used in the S19XPs!

returning in 2023, the project has come a long way

there is unmineable which will pay you out in whatever crypto u want so u could mine kas and get payed in btc

dont let greed cloud your judgement, if your just starting out with mining or ASIC mining at that go with some cheap BTC miner maybe even S9 since you have cheap electrical, just so you get a taste of what your getting into and if you like it well now you have some experience and if you dont like it well you didnt buy a 30k miner. just my 2 sats.

mining will never end, there will be transaction fees. and by the year 2140 if BTC transaction fees are not enough to keep the chain going then i think its safe to say bitcoin failed and theres not reason to worry about it lol

so in order for my asic to mine to my node i have to run a stratum? ive seen stratum urls many times before but never knew what the reason was or why they were important but it seems that without one you cant connect to a node? am i correct?

I dont really care about profits with this s9 it got it for barely 100 bucks. i have good asics that i expect profit from. this s9 is a sorta toy to mess around with because i am interested in how bitcoin works on a technical level, from what i understand it that miners connect to nodes so that the nodes can tell miners what to mine without nodes the miners would be bricks.

But from what i am hearing is that bitcoin core nodes don't natively support just strait up miners connecting to them and mining right away. In this regard i am confused because how else would this be done?

I've been running my own bitcoin node for a while now and got curious about how one would solo mine to their own node which is what i assumed was the norm back in the day and is the most decentralized for the network but everyone now uses pools even for solo mining.

I even recently bought an old crappy S9 from eBay to play around with this idea but when i check solo.ckpool.org i saw that the reason it exists is because you cant mine to your own bitcoin core node.

Why is this? is mining to your own node some lost art and how do these pools do it? like how else would they get the mining work anywhere else but the node? could someone please explain this to me?

I think about this sometimes. im under the impression that the blockchain doesn't require that much bandwidth. so something like a mesh network could be useful?

mfw i paid over 1000 bucks for expedited shipping and only offer 150 bucks as "refund" to get it by June 30th at the soonest.

I like how they let people click the 10-20 day shipping option knowing damn well that wasn't going to happen.

Basically if you ordered to Octotank they say you will get it between June 30th to July 30th who knows if that's true or not.

Tell that to the free market lol

yes. but being able to push more through a block would just be beneficial for everyone even the monkey tards. Lets be honest the 1MB block limit is holding BTC back, we can store alot more data now for dirt cheap.

Aged like fine wine :>. But anyway if this keeps up into a bull run i wouldn't be surprised if people just eat these fees like how ETHtards just pay $4000 just for the ability to buy a monkey picture. Short term "solution" imo is to reverse taproot or at least mitigate the ability to shove JPEGs into the blockchain. Long term solution would be to increase the 1MB block size.

Im from the Tri-cities are in Washington State (Pasco, Kennewick, Richland). it would be neat to get to know more bitcoiners from my area. I dont really ever seen any adoption here and i would like to help pick it up. please respond if interested!