By easiest do you mean what uses the least amount of electricity? That would be CPU mining. However it’s pretty competitive and you will need a high end CPU like a Ryzen. If you got one then you can mine monero with it.

If by easiest you mean what’s the best plug and play method with least amount of interaction or maintainance then you need to get an ASIC. Basically buy an ASIC and buy a PSU, set up your pool and you are done. They rarely need attention and usually auto reboot if there is an issue.

I think we will stop and trade sideways somewhere in the $75-80K region because the $74K is a fib extension area and around $80K is significant due to the fact that some currencies like Canadian dollar and Australian dollar are going to be $100,000 in those areas.

So it will have massive sell pressure in those currencies before it can go higher. Remember when we stalled when BTC hit 50K on the euro chart. Same situation can happen here pretty much.

And after that most likely $100K will be a tough one to crack.

The issue now is scary how similar it is to 2013. Pretty much peaked in April, had a low in July and started to rally in Oct. Almost to the exact week.

This is not a good thing because what are the chances it going to peak exactly in the last week of November? Too many people will use that as a signal and sell whatever the price will be at the end of November thinking history is going to repeat itself.

Yeah if you got some old HDD then use those instead of USB thumb drives. I’ve had issues also. Most common one is it get corrupted and you just need to reformat and load the ISO again and it’ll work again for a few weeks/months until it either gets corrupted again or dies completely.

I got fed up that I just took the old old HDD from my basement and never had any issues. The HDD uses maybe a few watts more power but it’ll be dead reliable in the long run. Every motherboard has SATA and every PSU has it also so you won’t get issues getting it working unless you maybe are using an old IDE hard drive from 1995.

It’s crazy how mining has become so competitive that these days $5000 is not much to work with. Back in 2013 and 2017 you could have 5-6 rigs for that kind of money. Around 20-30 GPUs.

I remember when I started back in 2013. Browsing Craigslist and buying the cheapest r9 270x I can find, they were all around $100-$125. Motherboards with CPUs we’re also around $100. PSU were around that same price but you had to use 2 PSU.

So $5000 was more than enough money to get started back in 2013 and 2017. Now you will barely have enough to make 1 rig.

Crazy times….

Ok, make sense.

Thanks alot everybody for all your help.

Yes I've been following this coin since 2017 and I agree, very strange that it doesn't have a higher market cap compared to most of the coins out there these days. Especially considering how much has gone into the developement. I find it very undervalued also, been hodling since 2017 some bytes.

Seems to be up 100% today. And still climbing. Been a while since i've been up to date with this coin. Any news? Seems like the 100% could be do to some Binance listing. Why is it going up 100% when most alts are down this week. Very strange.

I think if ETH 2.0 is officially confirmed and an estimated timeframe is given, you will see the hashrate slowly decrease as it comes closer and closer to the date. It will be mining who will be liquidating their farms to sell because the supply rises of the GPUs. This is only my theory. Might not be the case.

However whenever there was an BTC halving we saw that the hashrate barely changed. Reason why is because miners prepared for it months in advance. They sold off their old inefficient gear and upgraded to new gear. Hence why I think the same will happen with ETH.

Yes this is what I read on Friday, the keyword there is "could". The title of the article is first bitcoin futures exchange "may" go live on Monday. The words "could" and "may" don't make it a concrete deal. There was an SEC letter floating around which says that Nasdaq approved the listing, however they sent this to the SEC and not from the SEC. It just means they could list it for trade pending approval.

That NYSE ticker you included is not an actual stock to trade. Its just an index. There is no volume there. It just some benchmark which takes various Coinbase, Bitstamp prices and shows it. This is not the new BTC ETF ticker. This is something else. The BTC ETF price will be completely different, wont be in the same units as BTC is.

I still can’t find any source which says it was approved. All I read is that they didn’t delay or deny it yet. I also have no idea when they will be able to launch it for trading. Will it be tomorrow, next week or next month.

The issue with this futures ETF is obviously the premium they will have to pay everytime they roll the contracts. This is similar to the crude oil etf which is never ideal for long term investment. For long term investment you might be actually better off with GBTC.

Bitmain is very famous for mining with their ASICS for a few months and then later on selling it to their customers. Many people observed this when they would dust inside their miner which Bitmain claimed was simply “dust” season in the factory it was built.

Right now their issue is with the China crackdown. So most likely it will be a while until you will be able to order one and mine with it.  Most likely by the time you pay and the time you receive it, the difficulty will grow a large bunch. Buy it if you wish but just know the risks.

Your best bet would be to get the older and less efficient GPUs like the RX 470 570 480 580 8GB. These are generally less inflated compared to most of the newer GPUs and they only use like 120 watts each.

So with your power availability it would work. I think you can buy from sources from China somewhere. If you search this forum you can find a thread where someone found some on Alibaba. They hash at 30mhs.

You can also get a few old ASICS easier to maintain and set up, however they are more much power hungry, the older the generation. So your best bet are GPUs.

Even if this is true i am pretty sure his off spring and their off spring are well settled financially. Even if he is left with a billion, that is still more money that he can ever spent in a life time.

Sure most of his wealth is tied to his Tesla stock holdings. And it’s possible there might be a larger pullback in the markets and he can lose tons of his billions but I don’t think he would really care.

You think Bill Gates cares that he is no longer the riches or Warren Bufffet, obviously they don’t.

What he says is partly true. The volatility is not good however this is why stable coins exist. Sure people in El Salvador are happy when BTC had a crazy rally since it became legal tender however they wouldn’t be too happy if it went the other way.

Imagine getting paid to Do a job in BTC. Then 1 month later it loses 20% value, then the month after another 20%. This obviously is way too volatile for most people, especially those that depend on their pay check. Hence why stable coins are important.

Yeah you can’t do arbitrage that way. The reason why the arbitrage was possible was because obviously there are delays in transferring from exchanges. So whenever you see some large arbitrage you need to investigate further, because usually there is a reason for it. Most likely is that you can’t get it out of the exchange.

Remember that Korean premium a few years back. The price for Bitcoin on the Korean exchanges was like 5-10%. And people wanted to take advantage and turns out it wasn’t that easy. You would basically be stopped where you can’t withdraw the money from the Korean exchanges back to the other exchange to complete the arb.

Here are a few tips if you are going to use stops. Always use stop market and if you use stop limit, make sure the limit price is large enough from the stop, because there are times when it can come completely crashing down and there won’t be any liquidity to fill your stop if it’s too close to the stop price.

Another tip I don’t put your stop on the daily high or lows or near psychological numbers. Like if you bought BTC now don’t put your stop at $60000. There is a very high probability that the $60K will get run and it will stop you out and might reverse. Basically a liquidity trap.

Well if there is some crypto bear market and GPUs are available at MSRP most likely you won’t be buying them anyways. Now you want to buy because it’s profitable however if it’s not profitable will you want to buy then? Most likely not.

Regarding the comment on stock market crash. It will be a while before fed increases rates and people have poured uninvested money into crypto back when BTC was like $15-20K because at the time the stock market was just way too overpriced and it seemed risky to invest in stocks so they chose crypto. So what you are saying is not true.

Ok so everything seems to work however I am confused in one area.


With the older versions I would make an unsigned transaction, then display a QR code, then I would take that QR code, decode it, convert to hex, and I could load that unsigned raw transaction into a block explorer and it would decode it for me with the inputs, outputs, fees, timelock, etc. Now I can't do that. I can use the export feature and copy to clipboard however a single 1 input 2 output transaction is extremely large. Basically I need to split the text into 2-3 parts, take 2-3 photos, and group them together back into the offline computer.

Here is the strange part, after I load the unsigned transaction, I sign it offline, then I see a QR code, I can take that QR code, decode it, convert to hex, and I can load that signed raw transaction into a block explorer and it shows me all the inputs, outputs, fee, etc so I can double check before I broadcast it.

So it seems the unsigned raw transaction is buggy but the signed raw transaction isn't. I hope you can understand what I am trying to say because its difficult to describe without showing.

You can go to YouTube and watch some videos about stock trading. There are hundreds of them out there. Don’t buy anything from those videos but just watch it to learn common termonology and get comfortable being in the markets.

Then try yourself with small sums, because most likely you will lose this money anyways. After a few months of trading you will get better and better at it. So remember to always go with the trend such as now only taking long trades and always use stop losses even if they get hit regularly.