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June 14, 2024, 03:55:35 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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1  Bitcoin / Bitcoin Discussion / Re: The risk and reward of having Bitcoin on: December 11, 2023, 04:50:46 PM
There is a saying that what ever had an advantage also had a disadvantage, why am saying this is because most people especially the newbie's thinks when having Bitcoin the situation is always win win win. So I will be listing a few of the advantages and disadvantages of having it.
disadvantage of having it

*The high volatility attach to it can be very risky.

* It's not generally accepted by all.

* It can be stolen if your system is hacked.

* It's almost near impossible to retrieve if sent to the wrong address.

  advantages of having it

* It can make you filthy rich during the bull run.

* It decentralized, no third party like banks and financial institution.

* It's a self custodian asset, the privacy is priceless.

* It's very accessible at any given point in time.

high volatility does make bitcoin investments risky, but also potentially lucrative. By noting that bitcoin is not accepted everywhere and is subject to hacking risks, you correctly point out important security aspects. At the same time, highlighting the possibility of significant enrichment, decentralization and privacy is what appeals to many.
 
I don't know if I missed some that I didn't mention.

2  Bitcoin / Mining / Re: Why is my miner mining less date every day? on: December 07, 2023, 06:17:18 PM
I have a futurebit Apollo miner. Mines at about 3TH.

I bought it about a year and a half ago. Initially it mines about 1,000 sats a day. However, over time it kept going down. As of now it's averaging about 600 sats a day.

Why is it mining less? The halving hasn't happened yet

Also, I have been mining with Braiins pool the entire time, if that makes any difference
Interesting experience with your Futurebit Apollo miner. The decrease in daily Satoshi earnings could be due to increased Bitcoin network difficulty and potential wear and tear on your mining hardware over time. Also, mining with the Braiins pool could impact your earnings due to different reward structures and fees. Exploring alternative pools or mining settings might help improve your mining performance.
3  Bitcoin / Bitcoin Discussion / Re: Bitcoin Core 25.1 Released on: November 30, 2023, 09:17:42 AM
Why does each new version of Bitcoin Core require a newer version of macOS? Could it be due to XCode updates or other development factors?
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