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1341  Alternate cryptocurrencies / Mining (Altcoins) / Re: Free electricity on: January 16, 2022, 03:55:02 PM
Solar and wind are ways to acquire free electricity, honestly if I were to mine coins for a living I'd consider building either one of these two, it will pays on the long run compare to paying for grid power

 It would likely be more advantageous to forget about mining altogether and just use the money you would have spent on the solar and wind installation to purchase bitcoin directly.  Then you can do something else for a living.  The margins in bitcoin mining are very slim and solar and wind generated power are not free even by the most liberal definition.
1342  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 15, 2022, 10:16:25 PM
Tested positive for Covid.

I'm double jabbed with the vaccine (recently) and caught it off a triple jabbed person. All Pfizer jabs I believe. I don't think these jabs stop much of the spread.

Felt pretty lousy all day. Pretty much like a flu I guess, but I never had much of that ever in the past, maybe once or twice so it's noticeable for sure when this happens.
Thought I was going to be sick in the morning but was alright after light breakfast and Ibuprofen to clear the headache a bit and could carry on sleeping.

Feeling cold - hot - sweating type of sleep but apparently I was snoring my head off eventually.

Slept 15 hours in total and felt somewhat better in the afternoon.


Will see how it goes I guess. Will have another long sleep tonight.


 My 95 year old uncle had it last week.  He said his secret to success was to stay hydrated.
1343  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 15, 2022, 02:16:21 AM
Any techies here want to move to Arkansas?  Grin

Arkansas is offering remote tech workers $10,000 in bitcoin to move to there
https://www.cnbc.com/2022/01/14/arkansas-offers-remote-tech-workers-10000-in-bitcoin-to-live-there.html

They could drive a dump truck full of money up to my house and I would not move to AR.

They headed down south and they're still running today
Singin' go on take the money and run
Go on take the money and run
Go on take the money and run
Go on take the money and run
Go on take the money and run
Go on take the money and run
Go on take the money and run
Go on take the money and run
1344  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 13, 2022, 10:46:40 PM
1/2,783,947

 which indicates they should solve about one block every month.

Every 32 hours actually (2,783,947 / 3600 / 24).

However their hashrate was much lower (like an order of magnitude lower) before the recent two blocks so it seems that fillippone had a point here:

Funnily enough I thought miners being the most rational agents, not easily fooled.

Not particularly rational if they start solo mining after someone else won a solo block.

 Isn't that days when you divide by the number of seconds per hour 3600 and then the number of hours per day 24?

edit: It is 32 days which is, as I was saying, about a month.  With their current hashrate, the CK pool should make about 0.19 BTC per day on average.
1345  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 13, 2022, 10:29:03 PM
I used to mine and the most important formula for me in determining whether I could be profitable or not was:

 [216-1]/[248D] which (since we're working with such large numbers) you can boil down to

 1/232D

where D is the current difficulty 24371874614345 (you can find it here: https://chainquery.com/bitcoin-cli/getdifficulty).

 That formula gives you the probability of any computed hash leading to a valid block.

 1/104,676,404,410,824,387,461,120

 So for a single 110TH miner the probabilty of a block in one second is

 1/951,603,676

  Solo pools don't share the reward among all the miners but they still pool their resources to work on the same block.  In this case, only the miner who finds it gets the reward but the combined hashrate of all participants would be used.

 CK solo pool (https://solo.ckpool.org/pool/) has about 2000 users with about 13,000 devices and shows a hashrate of 37.6 PH/s so the probability of a valid block in one second is

 1/2,783,947

 which indicates they should solve about one block every month.

 Of course, the hashrate fluctuates as users come and go and difficulty changes ~every 2 weeks but finding 2 blocks in a month with their current hashrate is pretty lucky.  However, if you look back at their previous history, they have been rather unlucky; finding only 4 blocks in all of 2020 and only 2 in 2019.  You can't cheat at hashing bitcoin - it all comes out in the wash.  It's normal distribution but very exciting for CK I'm sure.
1346  Other / Off-topic / Re: [WO/Hat-Gang Only - MODERATED] The fucking COVID vax thread (No hat? Fuck off!) on: January 13, 2022, 08:55:07 PM
In the chart, the number of vaxxed hospitalized Covid patients (278,212 - 47%) was roughly equal to the number of unvaxxed hospitalized Covid patients (257,357 - 43%). But the vaxxed had 70% of the total # of patient deaths, 1779 out of 2,542 that died).

Shouldn't the vaxxed have far less deaths than the unvaxxed, not the other way around?

The chart says "positive tests", not hospitalizations.

 If the percentage of vaccinated folk are quite high, then those numbers seem to indicate that you are more likely to get infected with the Delta variant of covid if you have not been vaccinated but less likely to die from it. 
1347  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 13, 2022, 01:54:05 AM
…..

That's what happened to the lucky miner who got 6.25 BTC so soon. It was pure luck. The probability of you and me getting this lucky is practically zero, as was his.

Few understand this.
Yup.
Hence mining pools.

Fun fact…
I used to solo mine a shitcoin that could only be solo mined, no pools.
I did okay. Usually found about 5 blocks a day on average (about 2$ worth)with a 750ti.
Traded em all for bitcoin at end of every month. Fun stuff and kept me amused…

You suck!!!!!!

 #@$% shitcoin enabler.
1348  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 12, 2022, 03:25:39 AM
Guys, can we get back to the actually proven science and math of bitcoin's failure and its confirmed dismal price future?

 There's hopium for you yet!





Better a green dildo hopium up his ass!  Grin

 Even I can't be that nasty!  This is as bad as I can get and still live with myself - 50 shades of green  Smiley

 

Why not change the color of the syringe, and what self-respecting llama is not going to take his correction injection in the behind? 

No need to even appear to enter any orifice.


 I can see right through your little ploy Mr Gee!
 Homer, why not make it green?  Oh! ...and what self respecting person wouldn't want their injection in the buttocks?  It's the biggest muscle in the body!  It's just a pin cushion for pushin'!
 Then one day when I've put a little too much sparkling water in my regular water you're going to be like... "Hey homer, that syringe isn't very realistic-looking.  The tip is a little to small.  Maybe it should be a little more... I don't know... bulbous?"
 All right.  I'll play your little game Mr. JJG as long as you realize I only have 120x80 pixels to play with before our little alpaca friend is no longer an avatar.


1349  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 11, 2022, 11:19:20 PM
Guys, can we get back to the actually proven science and math of bitcoin's failure and its confirmed dismal price future?

 There's hopium for you yet!





Better a green dildo hopium up his ass!  Grin

 Even I can't be that nasty!  This is as bad as I can get and still live with myself - 50 shades of green  Smiley

 
1350  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 11, 2022, 07:31:50 PM
Guys, can we get back to the actually proven science and math of bitcoin's failure and its confirmed dismal price future?

 There's hopium for you yet!



1351  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 11, 2022, 02:13:25 PM
Grin Grin

https://twitter.com/cwt_news/status/1479876752159690763

... this is totally normal  Roll Eyes Roll Eyes

Stephen Nolan should be in support of food calorie intake mandates to prevent hospitalisations from obesity, right?, right?!

Dammit man you've turned into a crazy lie generating machine. A new post = a new lie: https://www.newsletter.co.uk/lifestyle/new-stephen-nolan-weight-loss-photos-are-absolutely-amazing-bbc-broadcaster-celebrates-piggyback-out-studio-640269

And Djoko is a fucking egocentric narcissistic antivaxxer prick. He claimed he had some "condition" preventing him from vaccinating. Big lie! He just had covid in December thats it. Why should he be allowed to compete? Is he special?  Cool

  Everything else aside, I would consider the top tennis player in the world to be special.  We should probably save his seed along with all those other seeds at that vault up in the Arctic.

1352  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 10, 2022, 01:51:43 AM
kidding aside...say, if someone goes there and plants a flag, is it then 'theirs' or is the whole space 'stuff' unclaimable/belongs to everybody?

Found the provisional answer: "Most notably, the Outer Space Treaty prohibits governments from claiming sovereignty over space or for any celestial body. '' Therefore, no nation can give its citizens or any other nation exclusive use of any territory."

That said, possession is 9/10 of the law, isn't it?
It will belong to beltalowda (see the "Expanse" for meaning).

 Just based on a quick search, it seems as though you can't own an asteroid but if you mine something from it, it belongs to you.
1353  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 10, 2022, 01:38:31 AM
huh?

Suddenly: Bob Saget dies in hotel

 Wow.  65 is far too young.
RIP Bob.  AFV was never as funny once you left.
1354  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 10, 2022, 01:33:08 AM
from reddit:

https://www.forbes.com/sites/jamiecartereurope/2021/12/28/nasa-is-set-to-explore-a-massive-metal-asteroid-called-psyche-thats-worth-way-more-than-our-global-economy/

maybe a surprise in 2026: it is a "sleeping" gigantic robot that activates upon probe landing (something out of Mass Effect) /jk

...interestingly, they cannot make a focused image of this asteroid...I wonder why, maybe because it is very reflective?

 OMG.

Don't look
up!


On a global scale, which way is "UP?


OK, now same question but on a galactic scale??? Which way?

 Check the direction the blood is falling from the gash on your face after punching a sign and up is the opposite direction.
1355  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 10, 2022, 01:31:49 AM
huh?

 

 If I explained it further, I would be spoiling it for others.
1356  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 10, 2022, 01:13:07 AM
from reddit:

https://www.forbes.com/sites/jamiecartereurope/2021/12/28/nasa-is-set-to-explore-a-massive-metal-asteroid-called-psyche-thats-worth-way-more-than-our-global-economy/

maybe a surprise in 2026: it is a "sleeping" gigantic robot that activates upon probe landing (something out of Mass Effect) /jk

...interestingly, they cannot make a focused image of this asteroid...I wonder why, maybe because it is very reflective?

 OMG.

Don't look
up!
1357  Other / Off-topic / Re: [WO/Hat-Gang Only - MODERATED] The fucking COVID vax thread (No hat? Fuck off!) on: January 10, 2022, 01:11:54 AM
https://www.reuters.com/legal/government/paramount-importance-judge-orders-fda-hasten-release-pfizer-vaccine-docs-2022-01-07/

Jan 7 - Score one for transparency.

A federal judge in Texas on Thursday ordered the Food and Drug Administration to make public the data it relied on to license Pfizer’s COVID-19 vaccine, imposing a dramatically accelerated schedule that should result in the release of all information within about eight months.  That’s roughly 75 years and four months faster than the FDA said it could take to complete a Freedom of Information Act request by a group of doctors and scientists seeking an estimated 450,000 pages of material about the vaccine.

The court “concludes that this FOIA request is of paramount public importance,” wrote U.S. District Judge Mark Pittman in Fort Worth, who was appointed to the bench by former President Donald Trump in 2019.  The FDA didn’t dispute it had an obligation to make the information public but argued that its short-staffed FOIA office only had the bandwidth to review and release 500 pages a month.  While Pittman recognized “the ‘unduly burdensome’ challenges that this FOIA request may present to the FDA,” in his four-page order, he resoundingly rejected the agency’s suggested schedule.

Rather than producing 500 pages a month — the FDA's proposed timeline — he ordered the agency to turn over 55,000 a month. That means all the Pfizer vaccine data should be public by the end of the summer rather than, say, the year 2097.   Even if the FDA may not see it this way, I think Pittman did the agency — and the country — a big favor by expediting the document production.   I’ve been chronicling this fight since November and have heard from of readers who said they felt something was suspicious, even nefarious, in the FDA’s proposed slo-mo timeline. Making the information public as soon as possible may help assuage the concerns of vaccine skeptics and convince them the product is safe.  Pittman in his order nodded to this as well, including a quote from the late senator John McCain, who said that excessive administrative secrecy “feeds conspiracy theories and reduces the public’s confidence in the government.”

Still, the FDA is likely to be hard-pressed to process 55,000 pages a month.  The office that reviews FOIA requests has just 10 employees, according to a declaration filed with the court by Suzann Burk, who heads the FDA’s Division of Disclosure and Oversight Management. Burk said it takes eight minutes a page for a worker “to perform a careful line-by-line, word-by-word review of all responsive records before producing them in response to a FOIA request.”  At that rate, the 10 employees would have to work non-stop 24 hours a day, seven days a week to produce the 55,000 pages a month (and would still fall a bit short).  But as lawyers for the plaintiffs Public Health and Medical Professionals for Transparency pointed out in court papers, the FDA as of 2020 had 18,062 employees. Surely some can be dispatched to pitch in at the FOIA office.

Aaron Siri of Siri & Glimstad, who represents the plaintiffs, in an email said the decision "came down on the side of transparency and accountability."  His clients — a group that includes more than 200 doctors, scientists, professors and public health professionals, including some who have publicly questioned the efficacy of lockdown policies, mask mandates and the vaccine itself — have pledged to publish all the information they receive from the FDA on their website. 

The Justice Department, which represented the FDA in the litigation, did not immediately respond to a request for comment on Thursday evening. Pfizer, not a party to the suit, also did not immediately respond to a request for comment.

Pittman in his order made clear that the FOIA request, even if burdensome, has to be a priority for the FDA.  Quoting from remarks made during the hearing before him on December 14, he wrote that “there may not be a ‘more important issue at the Food and Drug Administration . . . than the pandemic, the Pfizer vaccine, getting every American vaccinated," and assuring the public that the vaccine was not "'rush[ed] on behalf of the United States.'"
1358  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 10, 2022, 12:40:14 AM
 


 
Hopefully I don't regret my decision in the future.


I know it's just a GIF, but IRL if this kid didn't get 20+ stitches to put his face back together, physics failed!

 Arthur is easy.  Stitches are hard.  Wink

 edit: It doesn't appear as though he gets cut.

https://www.youtube.com/watch?v=gOihfZE9Guw
1359  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 10, 2022, 12:24:21 AM
I am always trying to attack my biases.  And right now I am biased towards us not entering a crypto winter, as I have recently posted.

BUT.  I think I have found a scenario that might tend to undo my optimism...

https://www.wsj.com/articles/fed-minutes-reflect-growing-unease-over-high-inflation-11641409628

Inflation has the us Federal Reserve talking seriously about quantitative tightening.  This means higher interest rates.  And I think that could mean a few things:

1.  The stock market is a goner if they do this.  The reason we continue to see crazy upwards stonks is in great part due to the fact that they keep printing money and lowering interest rates.  This could take some of the wind out of those sales.  And those prices are so bubblicious already that it's hard to imagine anything but a bloodbath.

2.  Bitcoin is currently seen (by most) as the king of risk investments still... so I would expect Bitcoin might follow the stock market.

In some ways it's hard to say what they might do because they have painted themselves into a corner.  Crashing the already limping enconomy in the name of stopping inflation?  Or keep printing and shift into negative interest rates causing absolute explosions in risk assets and making a can of beans cost $4.

Hmm...  I kind of wish I had not had this thought... I was preferring the bullish mania I was in before... Tongue

I think this has already been posted here (or where would I get it from?), but Arthur Hayes depicts the same scenario. A good read as usual.

https://cryptohayes.medium.com/maelstrom-ee6021e9d0c2

EDIT: I prefer the bullish mania, too.

Hayes is ov er my head for most of that, but I agree it kind of sounds like hes on the same page pretty much.  Ugh. Wink

 Hayes has done well for himself with Bitcoin.  He's a handsome guy who has charm, charisma, a boatload of confidence and a shit-eating grin but...
 


 He might have a BS in economics but that first paragraph was just plain BS; I stopped reading.  Then I decided to give it another chance and I read a little further until I read, "the price of Bitcoin swooned".  The article wasn't written for a hodler anway.  So I spent the balance of my time make the gif above.

Hopefully I don't regret my decision in the future.
1360  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 09, 2022, 02:45:32 PM
Well we're back to the price we were at last year at this time which means there's a year's worth of really tasty dip to be had!




edit: Screw you chart buddy!  Tongue

Are you proclaiming that we are getting more dip, or that we already had our dip in the last year (since we are largely back to the place from which we started)?


  I made the graphic based on my perspective as a long-term hodler.  If I had never checked the value last year, it would have appeared not to have moved... of course, I was peeking so I know it moved considerably only to return to the same value from a year ago.  Funny aside: even if I hadn't peeked, I get calls and texts without fail from people I haven't heard from in months or even years which usually start with, "Hey Homer!  Do you still have your bitcoin?!" every  s i n g l e  time we hit a fresh new ATH.

 The text above the graphic was meant to draw attention to the reason for the graphic (in case I hadn't made it obvious enough) without coming across as being negative because I know bitcoin will regain that ground and moar and I will get phone calls and texts from friends and colleagues who will, after my prodding at sub $100 levels, still never have purchased a single satoshi.

edit: Oh the "Screw you chart buddy!" comment was due to the fact that he posted milliseconds after me so I deleted mine and reposted.  I couldn't find the middle finger emoji.
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