IMHO..most people if they get $$$ back in FTX will leave it in btc/or whatever..IMHO..back when only big boys wanted interest on their tokens...cowardice paid in my case
i myself only HODL...I have friends on bitcointalk and the real world i tell them when I sell so they can buy on no risk in that I'm always wrong or the risk of me having
no kneecaps..because when I sell it is always (really) a buy time for btc/crypto
they started to buy whatever I sold on me whining about it as a joke then a group joke..now it is no joke
and they are likely 11 out of 12 in the profits over the last 12 years or so
thus I just HODL now....I have no skillz...occasionally I will taunt them that I want to sell some btc to freak them out a little
but that is pretty much it now
canary in the gold mine I am (skilz!)
by the by the above is in NO WAY an exaggeration..I can provide references on bitcointalk...some may chime in here.....as I look at my 1 BTC Kirby Vacuum cleaner from
November I think was of 2017 worth now today $115,400...tough to vacuum or so my excuse for not...
I remember and specifically sold 1 BTC for the beast..better then a buddy who sold 90 btc for a sports car he says he will die with and probably bury with himself.
damn/ouch/owie....
brad
I have some alpaca socks and a BTC hoodie that's worth more than my house (relatively). So many wasted at Satoshi Dice. I bet I lost a small fortune learning I sucked at poker. All of it doesn't matter, as it was thanks to Gavin's faucet. Sending that first MO to Florida, wondering if it was a scam, only to get an email with a private key!!! We thought we knew back then... But we think we know now... and it's not over in the least!!! This time I am going to pad myself for the "other part" we don't like to talk about... As I deserve to shave a bit off (even better if it happens to be at the topish) But yeah, I will watch. Whatever happens with extreme excitement Also I have been thinking about using timing sales rather than dollar amount sales if and when I ladder out. I appreciate the advice of those here making me look at how I may or may not be making plans. But still taking out anything substantial seems to just end up being a bad idea as my .63ish will continue to gain real value. Not a bad place to be either way K "attic mine" sell everything in your attic you would otherwise die with on Facebook Marketplace or eBay....take it and buy btc dust on PayPal or Coinbase...sit on it till 2035 when 99% of more of all btc has been mined. HODL. Now you have an empty attic, make a rec room house goes up in value $30k or more..get couple arcade games and a pool table and wait. IF as the past BTC goes up 10x or more and you have just been shuffling crap like that and other stuff meager to btc dust and HODL'ing 10 years you should be fine the other thing to remember is Blackrock wants my BTC badly...I mean ....badly....as long as that is the case I will HODL....all the proof I need...everyone wants my BTC crypto WITHOUT mining it...seems like a clue brad |
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yeah....I don't really bring it up  I have another guy who said he had too many toys in the garage as such...he pointed to his wife's bike....was like 1 or 2 btc..from back when...and said it was the most expensive thing in the garage as far as I know it is the first and only and likely ever time such an argument could be won by and old HODL'er but yeah...I have issues with the Kirby Vacuum at 1 btc back when...i also have issues with price of btc jan 2018 and price in dec 2018 going down 70% or some such after I retired with the btc/crypto as such....bout pissed myself hodl'ing thru that (did dump 13 btc was not gonna un-retire..got back 5 btc still down 8 btc or so grrrr from the hoard grrrr...after that dump i was more or less immune through that horror....so HODL'ing became easy... I have also found since 2013 till even now..that of the 90% or more on the forum here and FB that come in and out of btc/crypto and maybe in the real world so most people crack at about $50,000 or so when it is 'real $$$'.....a guy in the summer of 2013 cashed out as a millionaire mainly due to family and wife i think it was on bfl chat (butterfly labs chat) when btc was like July 1st, 2013 like $69 a coin..... I hope he got back into btc along that timeline or invested the 1 million to show something out of all that at least but as a kinda 'guess' from my past readings on here and elsewhere about $50k I had a week at probably around $50k when all my friends and family figured out and had an honest ambush intervention like I was a moonie or in Amway that was one uncomfortable hour before i ran out....and the same week my mom called me up crying that I looked like a schmuck to everyone i put my btc/crypto in a trust and don't touch it....friends/family/god daughters etc now they call me up btc/crypto up/down all up in the air....mostly when down..and i say 'this is what you get for trusting your inheritance to me who is obviously clueless..not my problem..not my money..in the trust...at least i keep a few people up at night in order to be good at HODL'ing btc/crypto you have to 'despise' $$$ a little bit or you crack under the pressure...so that was my mental trickery to HODL just tossed it in a trust for when i die My lifestyle in no way suffers....still have expertise as boring...and be stealthy with my 2012 Ford Fusion SEL with only $32.K of miles on it anyway...how I coped with it ps. i type as fast as i think so don't sweat my lengthy posts.. brad |
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IMHO..most people if they get $$$ back in FTX will leave it in btc/or whatever..IMHO..back when only big boys wanted interest on their tokens...cowardice paid in my case
i myself only HODL...I have friends on bitcointalk and the real world i tell them when I sell so they can buy on no risk in that I'm always wrong or the risk of me having
no kneecaps..because when I sell it is always (really) a buy time for btc/crypto
they started to buy whatever I sold on me whining about it as a joke then a group joke..now it is no joke
and they are likely 11 out of 12 in the profits over the last 12 years or so
thus I just HODL now....I have no skillz...occasionally I will taunt them that I want to sell some btc to freak them out a little
but that is pretty much it now
canary in the gold mine I am (skilz!)
by the by the above is in NO WAY an exaggeration..I can provide references on bitcointalk...some may chime in here.....as I look at my 1 BTC Kirby Vacuum cleaner from
November I think was of 2017 worth now today $115,400...tough to vacuum or so my excuse for not...
I remember and specifically sold 1 BTC for the beast..better then a buddy who sold 90 btc for a sports car he says he will die with and probably bury with himself.
damn/ouch/owie....
brad
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What about immersion cooling?
If you had bothered to read this thread you would have seen that, yes, they are immersion ready. Very low noise but you still need to get rid of the heat. Say you had a pair of these units....would the cost of off the shelf (pre-made) inversion stuff even be worth the effort at say (at best) 10c kWh (added rent/etc to this to round off as about 10c kWh? my 'current guess' is not so much..but hey..I know zip.... ...at one time I had $$$ invested in ButterFly Labs in 2013 (one of only probably 8 folks who got refunded in like 2014 or 2015 when they got raided) and that was just to try and 'put off' the consumer protection agency ..did not work..next week they were shut down..thus only us 8 or so that had refunds hurried out...for once I was first in line to yell fraud....8 months previous or so I was banned from their BFL Chat...I took that as a hint and applied for refund (that they 'likely' had no intention of doing for anyone) but again, pretty sure they were trying to 'stop the feds" by showing refunds...again...by the skin of my teeth just as an aside they pre-mined for like maybe 9 months to a year BTC....the total fine among the 3 folks involved...they were fined like $38K total for all 3 or some such...(back in 2015 or so btc was 'gasp' not real $$$....they made millions if they were in HODL mode....hell btc then was like what $300 maybe I should say billions? so pretty sure the 8 folks with me refunded or so on the panic refund the week before..the shut down....(I was soooo happy) if they would have known their demise they never would have bothered to panic and even bother or try and refund anyone as a lame smokescreen pretty sure the 8 that previous week that did get refunded was more then the fine.. ah...the good old days...when btc was evil....(a plumber saw my btc equip in basement asked what it was..i said btc miner...he said that is for drugs right? Went back to his truck he said for tools ...have not seen him to this day...I miss those 'desperado' days brad |
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Will there be anyone on earth that can read this whole thread..starting from the first page….lol, it is almost 34926 pages with each page containing not less than 20 post…calculating this that is almost …698,520 posts, if he could read 100 posts per day it will take him 6985 days or 19 years to complete and by then the thread might have reach 200,000 pages or even more  Well thinking about that, will there be someone who will embrace this journey and start reading from the first page of this thread and then we see the years it take him to read the thread completely or maybe to read just the first 1000 pages of this thread, it will be very interesting to see someone doing that…lol… or what do you think..? Well, I've not read the whole thing....and have not been on much last 3 years or more...BUT I started here on Bitcointalk April 13th, 2013 or THREE DAYS before Wall Observer....so there is that I should look back and find my first post on Bitcointalk I'd bet it was here on wall observer.... My profile link shows the above. brad |
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Again,for me it is an 'interesting' thought experiment
i'll only consider something like this, again, if they get rid of income tax on crypto mined daily this fall (maybe) as the norm in the USA and the fact that made in USA so no
tariff and only the 7% sales tax where it made in a particular county of the Georgia, or so says Google.
i also have a buddy with a data hall so that helps with 'supposedly' somewhat sane electric prices another better angle
that is a LOT of ifs yet...
i also at least like the open source concept as such for a change
but hey....stuff to do/think about for fun as of now
as an aside anyone know what the warranty would be on these proto miners?
anyway....lurking is all I'm doing for probably more than a few months on this
brad
i got a decent host. Nate at iowamining.io if i can get one of these from altairtech.io I would send it to Nate. Again. I have a buddy with a data hall in Iowa....I could set these Proto miners up with. However without the above mentioned tax on mining changes...I won't play. Then again WITH those changes everyone will play Also, with the Bitmain scaring on crap product I always get at least TWO just in case one does the big death by t IF these do have a 1 year warranty and in Georgia USA I would assume that any repairs or turn around would be more rapid. As it is now I'm just a lurking...likely if taxes change in USA to no tax on daily income...well..by the time I jump they will all be gone anyway (been there before) but yeah...difficulty spike indeed, especially compared to the (I think it was) 57.6% Tariff on Bitmain or any ASICs from China, as of now anyway. so at this 'party' if it happens..odds are I'll still be wall flower at the dance. |
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Again,for me it is an 'interesting' thought experiment
i'll only consider something like this, again, if they get rid of income tax on crypto mined daily this fall (maybe) as the norm in the USA and the fact that made in USA so no
tariff and only the 7% sales tax where it made in a particular county of the Georgia, or so says Google.
i also have a buddy with a data hall so that helps with 'supposedly' somewhat sane electric prices another better angle
that is a LOT of ifs yet...
i also at least like the open source concept as such for a change
but hey....stuff to do/think about for fun as of now
as an aside anyone know what the warranty would be on these proto miners?
anyway....lurking is all I'm doing for probably more than a few months on this
brad
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Without pricing listed I assume the early adopter is in for a lashing....
catch is they seem to be sold out at $2k more than retail for sept 2025 that are shipping likely it will be 2026 for the next batch...also all likely big bulk buys us little guys don't see so....may have missed the boat... my hope is as they say they will have puny smaller hobby miners for fun but again with paying tax on mining income and then tax on when you sell in the USA likely I won't play with this anyway brad |
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Supposedly....Block with proto mining plans to make hobby or home units.....
maybe that will be worth while...
but yeah...I figure if the no income on mined btc/crypto anymore comes to pass in the USA...proto miner or not....
difficulty will probably way more than double with the incentive for big miners to HODL and just cover expenses.....an easier way to ride
any pump in BTC, rather then sell and pay income tax and HODL....not needed... and still allowed to take a loss on expenses on any dump of btc price
win/win for the big guys
brad
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Hopefully this is allowed. Started a FaceBook Group to post stuff on the Proto Miner by Block. I myself 'hope' as they have stated to have some smaller btc miners for home use and fun vs just the $5k and above units you can upgrade. Time will tell. Here is the link (hopefully allowed) https://www.facebook.com/groups/1499954261206532If the above link is stripped just search the name on Facebook Proto Miner Bitcoin User's Group ( https://proto.xyz) Public group · 2 members thanks Brad It is nice to know you are still around. I will check out the Facebook link sent a link to your PM..yeah I should not get on every 3 years or so.... but again will only get into data halls stuff again (maybe) if the income from mining daily goes away and btc/crypto is only taxed on selling I can't even imagine what difficulty would be and what HODL'ing would happen among the big btc/crypto data farms on such..with all that incentive to HODL and just cash out for electric and expenses....I assume the data halls will fill up with bulk orders on these proto miners first...so may have to watch that like what was it 2015 or some such..you'd so a pre-order on a btc or crypto miner ...6 month it arrived in 9 months you mined for 6 months and your btc/crypto unit was a brick due to massive difficulty rise? I 'missed' (lucky) getting knc neptunes back then..in that is what happend to them...although if you were in HODL since then on what your neptune mined and you ate the electric you'd be golden today but difficulty with btc when if these units hit....with NO tariff.....is gonna be kinda epicly large IMHO so anyway just watching this thread and the proto miner FB page I made at this time to be supportive...at least Block is trying something decentralized and more fair IMHO so far anyway. later brad |
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The design is neat, it reminds me of server rack. I don't mine Bitcoin, but the efficiency alone isn't very competitive when Antminer S21 XP have 13.5 J/TH and upcoming Antminer S23 claimed to have 11 J/TH.
Bitmain gears have always been more efficient than Whatsminers but the latter sells very well due to the quality built, 1 or 2 watts isn't going to be a deal breaker, however, this thing looks very expensive, I do not see how would it compare with the Chinese made gears, probably 50% more expensive. It's possible that with the U.S tax these will complete in U.S market but nothing much elsewhere. oh ya, with 9 hashboard that's 50kg heavy, most people can't carry much weight  No Tariff. The chip is the only thing from overseas...supposedly...all else made in the state of Georgia, USA. The County there has 7% sales tax though. Also I will only get into data hall btc mining again, IF, the bills pass to make miner income taxed goes away...and only the sale of btc is taxed in USA. In the USA Capital Gain Tax is 15% and my states tax on top of that (Minnesota) is 10%....or 25% Though IF the tax law code keeps hardware deductions and electric, portion of rent/lease/biz expenses at 25% off gross income made??? I could maybe sell enough btc in a year to even out taking out a bit for a 25% equiv deduction off hardware price to boot (at least on paper maybe) lots of ifs though on this...all legislation of any kind in the USA may not pass this fall due to gridlock...so I give it 50/50 odds later brad |
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Hopefully this is allowed. Started a FaceBook Group to post stuff on the Proto Miner by Block. I myself 'hope' as they have stated to have some smaller btc miners for home use and fun vs just the $5k and above units you can upgrade. Time will tell. Here is the link (hopefully allowed) https://www.facebook.com/groups/1499954261206532If the above link is stripped just search the name on Facebook Proto Miner Bitcoin User's Group ( https://proto.xyz) Public group · 2 members thanks Brad |
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We need a new vote me thinks. |
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Here is the miner tier stuff for NEO looks shaky IMHO...no real world use yet looks a lot like Paycoin...(and I'm in the mxc project and run the M2Pro MXC Miners group on FaceBook with 2,471 on such. but.....not acting like a hardware with staking project...likely no real world use until well into 2024-25 IMHO. dubious here is the latest today on how tiers work...along with 'super secret top tiers' they won' talk about (sigh) all bonding MXC and you have to bond more when certain goal posts are reached for mxc blocks and this is likely to both mine MXC of any note and DOGE also note the Gold Tier...the 'highest you can get' w/o an 'invite' to the upper clubs/teir(s) is 3.35 times the coeff of the free tier with no bonding also if you bond 25k mxc per device you get 2x the gold reward anyway, looks like PayCoin sketchy as heck..and yeah I have regrets but still run the FB group M2Pro MXC Miners so...might end up being watching a train wreck still unclear on rewards her e is the link below https://www.mxc.org/blog/neo-tiers-explainedhere is the FB link for anyone interested https://www.facebook.com/groups/179512120723134/memberswe shall see brad |
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It's actually quite old news, he has been busy suing Bitcoin Core developers since 2019 or even earlier than that.
Nobody seems to take his claims seriously anymore though, and that's a great thing.
According to OP's linked article, that claim was originally dismissed, but the court of appeal decided that there will be a trial. No idea what are the implications of the mentioned 16 devs to just ignore it completely. I don't understand why he filed a claim in a UK court in the first place. As far as I know, not many of the influential devs are UK based. And what's his endgame? There is zero chance he will get access to any of those addresses. Is he just abusing the legal systems to harass devs (vexatious litigation) in hopes that would somehow pump his BSV coin? I don't get it. If he can 1) prove in court he is Satoshi with this and 2) then he has the 'proof' to make the Bitcoin Devs make a 'fork' to get all Satoshi's coin 3) Well, BTC as such is 'toast' IMHO at that point. Remember it is a 'Jury' Trial..so if he can 'convince' them of the above it will be 'quite' the sh*tshow then.  |
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I have not gotten my Apollo BTC Full 'loaded' version up yet...but was wondering if there is a timeline on when the scrypt node/type as such, 'full' loaded
version with all the 'bells & whistles' is back in stock? Even if out to 2024...thanks...
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I like the concept of a GPU form factor ASIC miner but, like Phillip said, too good [to be true].
It has to be made with available ASIC chips so the power claims are obviously out of line.
Shame as they use Norway as an honest country with good rules. Since I am 25% Norwegian descent I feel sullied a bit by their pitch on youtube. Besides the earliest they will release it will be Dec 2023. If it is real hashrate will rise like mad. And it will be sabotaged like a mofo by bitmain. I did put my name on their list to be notified. But I very likely would not get them. well thats my problem, thats why im skeptic and think it migth be a scam. current asic chips arent eficient enough, if they were you would see better and cheaper asics by now. tech evolution currently is slowing down due to the world problems, covid, lockdowns, that impacted directly the chips manufacturers. and using norway as a "safe" and trust us slogan isnt enough. in the next years maybe we will see better chips, more eficient and probably cheaper, but i think we still got a long way to go. mining nowadays isnt for all specialy btc and algoritms that are heavy, that need more hash power and for that reason use more watts, mining of btc, ltc even kda become too centralized, not what satoshi intended in first place. hoping for better days, with less huge mining farms, less companies profiting, but im guessing for that to happen it would be need a time machine hahaha. time will tell if this tech is real or just a very bad gimmick. If it does what they said they were stupid to launch it this way. They needed 1 investor. They needed to build 10,000 of them and launch it that way. The tech will get reverse engineered if it is real. This method of launching it makes it more sure that copies will be on the market quickly rather than a 3-6 month window were they are selling a killer machine. thus another reason not to get involved or hopeful with this tech. I'd agree...but no $$$ until the proof of concept ASIC USB chip comes out....so we shall see. I can wait for that I guess and the fair launch plan. here is the talk at the LTC summit last Oct 2022 https://www.youtube.com/watch?app=desktop&v=5hMAyqK1ztgso as always with crypto we shall see....he sure pushed my buttons on how I'd like to launch something like this if it exists! brad |
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Ok, I now know the value of a Fujicoin.
Last week for 24 hours I threw 100mh worth of hash rate at N=11 Scrypt at the Fujicoin chain. As expected it adjusted difficulty quickly to compensate and the number of miners went from three and around 150mh total before I started to four others and 250mh. Apparently someone saw me mining and brought up some more power to compensate.
So I was mining 25% of the chain. Mined for 24 hours and got about 1,000,000 fujicoins in a wallet.
Now how much are those coins worth? Well, they need to be worth the opportunity cost I could have made to mine some other coin like Litecoin. I would have been able to mine 3 lite cents in 24 hours using the same equipment. Therefore 1,000,000fjc=.03ltc
Or 1 fjc=.03/1,000,000 litecoins.
or 1 fjc=.00000003 LTC
Given that LTC=177.72 usd, the value of 1 fjc is .00000003*177.72 or $.0000053316
Hurray!
Unfortunately that's less than 1 sat per fjc which is probably why it's not trading on exchanges.
Given that as of this morning 1 LTC=.005 btc then 1 fjc=00000000015 btc.
I think your theory is correct in terms of how miners think of the value of fujicoin. But I don't think the market price can be explained by that. For example, the price of DOGE cannot be explained by that theory. Atomic DEX currently has buy orders for 21 sat LTC (290,000 FJC) and 6 sat LTC (1.8 million FJC). If you sell your mined FJC in this market, you will get more profit than when you mined LTC. Try running it.  pe the elephant in the room is the 80 million or so FJC maybe more since last I looked a couple years ago that are NOT selling on exchanges...thus if there is no volume it is a dead coin. ie....you try to sell your FJC and can't sell it for 2 years...pretty much a dead coin gimmie brad |
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Motty ... hashrate does not influence market price(unless theres literally 0 hashrate, then the coin is dead until someone starts mining) ... its the other way around. FJC needs folks to be buying/trading it for the hashrate to mean anything =)
even if I could sell my 10 million FJC (not 2years behind the other 80 million coin for sale in the exchange que's) best i can figure I'd get $40 for the works....admiditly better than last year when I was offered $20 or 2 pizza's from lightfoot... $600 in 6 months among all the exchanges and 2 years behind in all the sell que's even if I was motivated enough to list it? naw...a coin that only added seg witt and maybe no taproot since 2014..just can't cut it you just to need to fold this project and use your time on another startup coin brad |
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 He may not express it well but he understands bitcoin better than this judge person. It's a new paradigm and the kiwis need to catch up. Not your keys, not your coin. Not that hard. this also applies to the USA for custodial wallets I think like exchanges...not your keys when you mine into the pools address or custodial wallet (you don't have seed or keys) thus only pay taxes on when i pull it out of the pool...I used to do this with litecoin pool ...let it build up in the pools wallet then report to the tax man when i yanked it out into an address I control...rather than keep track day by day just saying brad |
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