They banned unemployment, then inflation, then war, P2P is easy, they don't need to even enforce it, just a wink and it's done! /s


Yeah, except you're not talking about democracy but a state-controlled communist dictatorship in which you can get picked up from your apartment because you put the wrong smiley in a comment! When facing 20 years in a re-education center, do you honestly think people will keep on doing p2p deals when they already know the state controls every bank and every transaction out there?


Yes, it is!
It's called a firing squad and after seeing it in action a few times your survival instincts will actively block you from signing any tx!  
Besides, they don't care about bitcoins going over the border or inside the country, what they care is about the fiat moved, and in Belarus, they can track that easier than you can count pennies in your wallet as nearly all payment solutions are either completely or partly state-owned. And if it's not the state of Belarus that owns it it's either Gazprom or Russia!


A simple mechanism that will trigger an alarm when you initiate a cash transaction to a guy that is not your family member and who has a few other transactions from his bank account at random hours to different people in different towns. Just invite everyone to the police station for an interview and face them with two choices, either tell your whole history since you've been born or go and volunteer to conquer Ukraine.
Remember that when you send Bitcoin to somebody it's because you want to receive cash, not because you want to receive Bitcoins back!

Guys, this is not the US or Canada or France, when you know, you have things called rights!

Because most think like this
- you need to find a trader that matches your offer, which is not so easy
- it's more costly as with a CEX they survive on the trade fees, with a P2P the guy that is always there to handle your exchange is doing this for money also, so the rates will be lower, and also you're going to pay the transfer fees

- are you uncomfortable with CEX knowing your name and face? Then are you happy with a total stranger on the internet knowing your full name and bank account when you do a so-called P2P exchange?
- with a CEX you always think you have support, you send some coins, you exchange them, and that's it, there is no third party with which you have to dispute sanctions, there is no fear of somebody doing a chargeback, there is no fear that you might have just bought coins from somebody who is going to be raided tomorrow and he has your contact as last person called in his list


I have to install an app, meh! Is it open source? Nope!
I'm giving my name and my bank details for a SEPA transfer, I am!
So, what's the difference?

Don't get me wrong, I completely hate CEX, I hate the charade that is called bitcoin cards with a visa logo, and I hate Binance and CZ probably the most on this entire forum, but let's not ignore facts, CEX are more convenient, that's why they are used because I don't have to contact some stranger, I don't have to log in my bank accounts and make a payment to exactly Quassam Bon Loden of exactly 1446.6 Euros to this account AD1400080001001234567890 and not one wrong letter and number.

Let's not even go into daily trading as that's impossible in P2P.

Hmm, I'm a bit curious about this one since checking the manual on our farm (not mining, true farm oink oink) HVAC the rating in BTU stands on the amount of heat it can move from the inside to the outside.

So a perfect 1 000 BTU unit will be able to move out 1 000 BTU at 10C or 40C, but in your case if you produce 10,236 units of energy those have to be removed be it 10C or 40C outside, you need the exact same amount of heat to be taken out, what will change if the outside is 10C instead of 30C is the efficiency and consumption of the unit, again, this is if we talk about a sealed room that won't lose that much heat through the walls.

I might be mistaken on this but using only half of it will end up with the room temperature going up and up till it reaches the miner's exhaust levels since you have more energy being produced inside the room than you have taken out of it!


14k BTU in 48mc2 versus 600 in 180mc2 the ratio is all over the place.
And the most important thing is that if the outside is colder even by a few degrees the room will lose heat, so if this guy had a wall in the shade with 5 degrees below and you're exposed on all sides it will be even worse.

My take would be to start with half of it and see how it works out, you wouldn't be wasting money on equipment you won't be able to sue such as the miners or you won't overspend on air units and installments you won't be needed.

Oh, and reading about the sound, just went outside, 32C right now, our office units are Fujitsu whatsoever, and my phone screams 69DB next to one of the outside units, (we have them in the parking space, cause...well, management!) so you might want to check one of those live before buying it if the sound is a concern.

Yeah, we should revive and free Madoff because the other guys might be worse!


Yeah the tinfoil manufacturers, the hat designers, those back alley dealers that charge you 200% extra for a hat that truly protects you from the NSA.
And this is how you make a f*** hero out of a piece of s* scammer and manipulator thinking this guy is to worse than some reptilian shadow government when in reality he is 100 times worse than everything out there. No matter how bad the banks are, how they always try to avoid regulations how they do some shady deals behind the counter, it pales in comparison to what CZ is doing in the crypto world and has no comparison whatsoever when it comes to how the manipulative piece of s* is acting!

So get over it, a world without CZ is far better!

Not that much if you have temperature monitoring and you set them to downclock or even shut down if it goes off the charts, but there will be a few inconveniences:

Reality tight math, one of the AC units to underdeliver or fail and you're overheating the room, quite a small one, 5 extra miners means 5 3k heaters going full power in a one-bedroom apartment with 30 Celsius outside. Not funny!

Second is the airflow, just as Phil said, it's not going to really work perfectly as it does on paper, you're going to have a hot spot that is going to be way hotter than the entire room opposite the AC units near the ceiling where heat will be essentially trapped in this setup, so I would have two ducts on each side going straight to the back with an end fan and press the hot air with a cold flow for extra airflow and circulation.

So unless the building really heats itself during the day to above what you said due to direct sun, no shade, or materials, it should not be a problem. But, to be honest not really a thing I would want to be in charge of it.
Oh yeah, I'm curious about the end result, unless, of course, it's doxing somebody.

I wasn't responding to OP, I was replying to a user who mentioned


which is not the case, not in the US , not in the EU not in Nigeria not in Bahamas.


Then it's not true P2P anymore and we should stop labeling all these solutions as being decentralized when you rely on a cental point that stores all your data and all your details forever. I've warned users numerous times that dealing with a guy on a pseudo P2P market is just as dangerous, you have a stranger collecting hundreds of bank details and accounts and you have a  bank employee laughing how he can track with 101% accuracy every single trade this guy and his clients do.


Exactly my point! You can't buy 3 cakes eat 4 of them, gift 2, and still have 6 of them in the fridge.

Doesn't work like that!
First, nobody is going to wait for 100% liquidation, most of them will do it at 110% to avoid a flash crash making them go in red.

Second, you've made a mistake, there is no profit.
You sent to those guys things worth $10k, you got $6000, so you've lost $4000. It doesn't matter what the price was going to be fast forward in time, at the moment when you took the loan you deposited coins worth 10k and you ended up with a loan of 6k, so, it's a 4k loss, not a 2k profit.
You could have simply sold those and you wouldn't have any problem.


Yeah right, except that's only happening in the meme area when we're in a bear market and people need to encourage each other.
In reality, one BTC is 30.5k and it was 25k a month ago and it was 65k two years ago, and when you're taking a USD-denominated loan all you have to worry about is about making the payments for the loan. Because if try to take advantage of this you're far better just using leverage and going trading.


Or, or...outrageous idea  take a loan from a bank!

He probably meant it for charging, a 30-150W range would be normal nowadays for charging a laptop despite probably the large chunk of it being in the 30-45W. But for running a node, you won't be needed a gaming laptop so the actual power draw on law tasks is well below 20W, I have still my old Thinkpad and the last time I tested it it was at 10-15W with a node and a VPN server running.


And when the cost start adding up and he needs that upfront he will realize that not only it's far better to run it on the grid but also, it's better to let others do it. Despite all these barriers when it comes to a simple piece of equipment that still needs 24/7 there are still some who think mining with 3kw gear is still economically feasible with huge government grants. Some need a slap down to eath and reality more often.


Still munching on free wi-fi, are we? 
I was thinking of that a few weeks ago when I realized the restaurant one block away is changing the passwords daily and they add new QR codes to the menu every day for customers.

Maybe because somebody leaked what's happening there and how rotten the whole deal is ?
Binance has always been in trouble and I will not forget how CZ was fleeing Japan in a plane while tweeting that everything is fine and that Biannce was in talks with regulators and was screaming FUD and #safu and threatening people with lawsuits for defamation.
Then it was Malta but it wasn't actually Malta dn then Cyaman Islands and so on

And anyhow, all those events in the EU are more closely related to MiCA than the SEC, Binance knew all along they will not last in the EU without playing by the rules. So in retrospective:
2021: Germany:
https://www.reuters.com/technology/germanys-financial-watchdog-warns-crypto-exchange-binance-over-stock-tokens-2021-04-29/
2022; Netherlands:
https://decrypt.co/105323/dutch-central-bank-imposes-3-3-million-fine-crypto-exchange-binance
2022 Philipines:
https://coingeek.com/dont-invest-with-binance-philippines-securities-regulator-says/
2022 Canada:
https://cointelegraph.com/news/binance-tells-regulators-it-will-cease-operations-in-ontario-for-real-this-time

And the list could go for pages.


I want to become a pro-Earth guy, which would mean kicking Binance out of...


Asian=/=China and asians=chinese, and India is in Asia, btw!
Also, Alphabet uses Nvidia chips and Intel doesn't even have one share in this market, their newest chips will be probably launched in 2024 and IBM is not making their own chips anymore.

It's more like a business card with a QR you can get for 5$. 
And has 1 cent security features.


When you go overboard with this kind of description it's a clear sign nothing like that is happening and they are taking like 100 backups of your keys before they ship it. Anyone else had a coldkey.eu moment while reading this?
Anyhow, this is quite funny, since nobody sees this, even if the process and security is genuine there is no guarantee the machine actually engraved that private key on the wallet or hasn't failed to stamp a few letters, which would be quite interesting... to find out after you loaded it! 

Also, they sell "BITCOIN PURCHASE SIGNALS"
https://materialbitcoin.com/en/product/bitcoin-purchase-signals/
Just $400 a year, lol.

Let's assume you pay 10 cents per kWh, at 0.48kwh a day you're going to pay $17.5 a year, so nowhere near that.
Second, that's a 20w maximum panel, it doesn't mean it can really produce 20wats but in perfect conditions, second thing is that just because the sun is shining again it's not optimal production from 7 am till 9 pm, best cases are around 8 hours of peak production per day. So you'e going to need 3 of those 20watts panels and a battery to store the extra energy generated during the day and needed during the night.

So from a one-time payment of $37 versus a yearly payment of $45 you're going to have one upfront payment of $111 versus a yearly payment of $17.5 before battery costs. It kind of changes things, right?

Ordos is in China.
Inner Mongolia is a province of China and not of Mongolia the country!


Cheap energy doesn't mean that's the real cost, the 2cents/kwh is the subsidized government price, and you might not get your licenses to benefit from that accepted or prolonged.
The grid is split in 3 parts and it's not that reliable, one part is just tiny and one is heavenly dependent on Russian imports.
Cheap energy also doesn't mean abundant energy, in the best case scenario the entire energy produced in the country would feed around 200k miners, that's less than 7% of the total hashrate right now, now think how much they have to spare.

Bumping this:
https://cointelegraph.com/news/wirex-may-suffer-card-outage-eea-uab-payrnet-licensing-issue

So Wirex lost its EEA card provider, all physical debit cards in the EEA are out of order, virtual cards still work, or this is what people from Discord say.

Another red flag for anyone still having funds on this, I just opened the app for the first time in months and saw:

Those numbers are just scary, I wonder how can they even advertise such returns, let alone pay for it.

There was no way for that to be possible, under no regulation would that have been possible, all AML requirements are for every single transaction to have a verified sender, so it's not like an old account could bypass this, the moment it made one transaction it breaks this and the user woud need verification, that said they did prolong this as long as they could but probably they've seen the outcome, and rather than losing all clients they decided to go and obey the new rules.

So, does anyone what could have triggered this?
https://www.coingecko.com/en/exchanges/kucoin#statistics
A 500 mils to 6 billion in trade volume


They are letting a door opened for people who have money and don't want do go throw KYC or can't even do it since they are in some banned jurisdiction, so they will allow them to trade and exit, probably a smart way since they would otherwise be swamped with support tickets and less risk for the mess to go public cause when authorities will see tens thousands of users complaining they would probably start asking Kucoin just how many anonymous users and $ they have there.  

And fast forward I guess they will disable the address from the account so you won't be able to generate a new one unless you're verified and if you do the mistake of sending it to the old one they will probably ask for KYC, a win-win for them, either free money or verified user.

Oh my god, are you real?


You're telling me that Bitcoin is a sign of the coming of the Antichrist?

Besides, if you're a true believer of God you should refuse the mark, so you're making it look like all Bitcoiners have signed a pact with the Antichrist and all the no coiners are martyrs.
Seriously!!!! Let's keep religion out of this!!!

Before April it was the fees, Foundry was not charging pool fees to large customers, I don't know how they made money but probably it was something the backers like DCG saw as an intelligent move to make it the largest pool.
Right now since we don't have any insiders we can't really compare payouts!


Price at 30.5k, Viabtc shows 0.00000247 BTC ≈ $ 0.08

Room to grow, let's see if the summer heat bites more.


Is this enough for 3,886 Exahash/s if we consider S19XpHydro? Or am I doing something wrong?
 

Get a hamster:
https://www.npr.org/2021/09/25/1040683057/crypto-trading-hamster-goxx-warren-buffet-s-p-500



And how many have you seen actually managing to beat what 100 random guesses in a row might yield?

Here is the explanation:
https://www.gemini.com/cryptopedia/anonymity-vs-pseudonymity-basic-differences#section-what-does-anonymous-mean-in-crypto


If it were the same thing nobody would be adding "pseudo" to the definition which changes completely the meaning.
I'm amazed that 10 pages into this you come and say it's no difference,  forget the actual trait of Bitcoin, the two words have a different meaning no matter two what they are applied to!

Yeah right, and one page from this topic we have this:
Power outages causes huge economic loss in south Africa.
Growth? What growth?
South African economy slumps in Q4



On what planet do you spend your morning newspaper reading time? Cause you need to come back to earth!
And btw, Canada produces twice as many diamonds as South Africa which barely has 5% of the global production!
The US is donating via USAID 10 times the value of all diamond imports for food security, who do you think will end up in trouble?

BS:

Also, the way poverty is calculated has changed so much in the last decades that is no longer even remotely the same as at the beginning of the last century, it has added a ton of things that weren't even debatable possible a century ago.


Again, how in the name of god did 33% of the Americans get wealthier if yous aid only billions get richer and the rest end up poorer?
Do you actually read what you type and give a second though on it?


Not jealousy, sometimes is also stupidity!


Can you tell me, if the poor end up being paid less, and not affording housing, how are the people that sell them fewer goods and not being able to rent out hosues making more money? Because never in my life have I experienced a year where we would sell less meat for cheaper and make more money, for example as this is our family business.
Not in all my years of work for a company have I seen a year where we had fewer clients, ordering less and we would make more!
It's one of those mysteries of the socialist manifesto, so can you please explain to me how this is even possible?


Because that would imply work, and socialists are only after getting free money, working for that money would make them... capitalist!