Based on this quote I replied to his pm with a link to this thread.



here is what I sent to him:

since it is my pm I can reveal my answer:

"okay no merit gifts for you.

please read this thread it may help you out.



https://bitcointalk.org/index.php?topic=5473781.msg63143588#msg63143588"

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I sent that and started this thread because
I rather a newer person learn than have them banned or tagged.

good morning wo
my first haiku for Sunday
at a loss for words

very very enjoyable thank you.

I could reply to him with a link to this thread.😀

The person did not offer money. They just asked for some free merit.

So a how to report this?

Am I required to report it?

buddy buck up ⬆️ lets mount an attack on 38k

not bad.

but it is just an x quote with no real analysis on your part.

so do  you think this is a pre ½ miner relief rally which will bring us up to 48k before jan 1 2024?

any thoughts about it .

solar and grid and a prepaid contract to the grid.

my power is cheap but location one  the master transformer is 320 kwatts.

this allows us 230 in winter and 190 in summer

the second location is about 60 kwatts winter 50 kwatts summer.

so 240-290 kwatts.

we may add a second transformer we are trying to do a telsa super charger deal .

if that works we add three super chargers. run two of them and get  a 500kwatt transformer.  this could spare us 200 more kwatts.

so divide by 3.5  maybe 80 s21s on 1 transformer max

our prices for power will always make money but right now a s21 makes 200 x 8.5 = 17 dollars.

it burns 85 kwatts so 85 x 4  cents = 3.40 power

thus 17-3.4 = 13.60 per machine which is decent for 70 units . but i am still shut out of foundry.
and 70 units is 280k out of pocket.

If the machines show in jan I could get 90 days at 1000 a day then the ½ ing  which means 350 a day.

we are always slowly adding the new gear.

maybe just ten machine for january. say 43k

I use my trezor to pay
 I compare it to jochen I bolded above.

I try to consolidate one wallet in my trezor so that on absolute needed fast confirms.

I can send a small byte amount and use 11 sats. i then rush to viabtc and use the free acceleration tool.

mostly used for buying 3000 usd or more gear from bitmain.

if i do a send that is not important i may do 3 or  6 or 8 sats. I then use rbf on the trezor if I have to.

I also hold ltc and doge to make payments cheap
.

doubt that works.  Look at it this way Scrypt has a vested interest in fucking up btc fee payments.

Scrypt makes about 45-80 million a day in mining payouts.

Doge rewards do not shrink over time they stay at 10,000 a block.


So if my idea that Bitmain controls 55% of the L7's in the world and switch them back and forth as I have postulated Bitmain smoke every other scrypt adjustment say 55 % of 45 million  an extra 25 million every 3 days.

They can keep their games up forever.

yeah I talked to foundry told them I had 5.0 ph which is around 50 s19s.

they only accept miners with 20ph.

even if i switch everything to s21 gear I can go to about 16ph so I simply am shut out of the largest pool.

I burn about 210kwatts and will be fully expanded to 280kwatts in a few weeks.

so mining for the 300-1000 kwatt guy is tough even with cheap power.

the big issue for me is 280kwatts cost me

yeah back to topic. big players can do a lot to make fees high.

Me with 350kwatts of power am just a small player that has to pick spots and shift with ease to survive.

eventually I will be squeezed out unless I use a switching technique which means I need 500 to 600 kwatts of paid off gear that allow me to switch from one algo to another.

Big guys can do this and Smaller guys can do it to.

So there will be a vested interest from big plays to boost fees and profits for short times and switch excess gear via software controlled multi guides.

Thus the ability to boost btc fees to the moon only needs to be done for 2-3 days. move your excess btc miners to btc and reap profits. lowers the diff on ltc/doge when the low diff hits on scrypt load up on scrypt

when the diff goes high on scrypt switch to btc.

the switch  to btc does not mean you always jack btc fees just once in a while.

you bread and butter is the extra million you mkae on ltc and doge every other doge diff adjustment.

this will not end it will simple repeat 🔁 whenever big players want it to.

for a bit then we will uptick again. There are vested interests that want more than just btc in the market.

So every once in a while fees will get forced up.

Or it is and we should be at 41 to 45k. Not 37k

WELL all gear builders would have to have a world wide ban on mining. Frankly I can't see it as possible.

right now you have

buy and hodl
traders
users
miners
builders
software guys
pools

Blending all of the above is really hard to do.

As a miner high fees feel good.
As a seller of items using btc for my payment high fees suck.

So I am in a personal conflict of interest on 2 catagories.

I also trade a tiny bit the effect on trading is harder to understand
lastly I mine and hodl

so just me alone and I  am In a complex situation.

other absolute supermoon of btc price most of the time I have no idea what to root for ie multi hedged for safety’s sake.

Well LTC and Doge are secure and you can move them easy peasy on the cheap.

If you think of BTC as an oil tanker or a cargo ship. Moving millions of wealth safely  for a few grand is fine.

If you think of Ltc as a single box truck
and Doge as a pickup truck

all three can move freight.


The problem is people refuse to do this thought pattern.

I certainly am not going to pay a freighter (btc) to move 1 car as it is too costly.

I may pay a tow truck (ltc or doge) to move 1 car

Like it or not business is going to keep trying to make btc for large moves.

If you believe in BTC and No Doge/LTC you are simply being stubborn and hurting the network.

I mine sha 256 and scrypt on a daily business and I hodl all 3 coins.

for USA I use https://vmssecuritycloud.com/

New York based

Worse yet he edited the 100% guarantee out of the op.

he did on   the edit on Nov 10th which is after moneystery posted his complaint on Nov 8 about the 100% guarantee

here look at this post I just did in another section



large players have a vest interest in jacking up btc fees.

and they do it time and time again. It all ties in with how to max your profits.

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BT topic.





we are up to 3.1% that would mean 10) biffa in the lead with about 1 day to go. those blank spots could still mean no winner



01) 0.01 to 0.33%. I will pick this and give to joker_josue if I win philipma1957
02) 0.34 to 0.66%
03) 0.67 to 0.99% - joker_josue
04) 1.00 to 1.32%
05) 1.33 to 1.65%
06) 1.66 to 1.98%  - Stompix pledges to rollover to next pot.
07) 1.99 to 2.31%  - iwantmyhomepaidwithbtc2
08) 2.32 to 2.64%
09) 2.65 to 2.97%
10) 2.98 to 3.30% - Biffa
11) 3.31 to 3.63% - Mikeywith pledged to talkimg
12) 3.64 to 3.96% - Warfare
13) 3.97 to 4.29% - Greyhats
14) 4.30 to 4.62% - alh
15) 4.63 to 4.95% - GazetaBitcoin
16) 4.96 to 5.28% - NeuroticFish pledged to talkimg
17) 5.29 to 5.61% - vapourminer pledged to talkimg
18) 5.62 to 5.94% - Heuristic pledged to talkimg
19) 5.95 to 6.27%
20) 6.28 to 6.60%
21) 6.61 to 6.93%
22) 6.94 to 7.26%
23) 7.27 to 7.59%
24) 7.60 to 7.92%
25) 7.93 to 8.25%
26) 8.26 to 8.58%
27) 8.59 to 8.91%
28) 8.92 to 9.24%
29) 9.25 to 9.57%
30) 9.58 to 9.90%

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Sunday and with 27-28 blocks to go 10) biffa is in the lead


we are in danger of no winner as it could drop to 09) or 08) which were not picked.

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update we shifted to 3.34% putting mikeywith in the lead at block 2005
update we shifted to 3.48% keeping mikeywith in the lead at block 2009

LN has its own issues.

This fee level dropped a bit. last blocks are running a bit under 1 coin in fees.
See the pattern repeat year after year.



next spring with rewards 3.125 miners will really need fees to grow.


funny how

2016 25       coins to 2-3 btc fees not bad 
2020 12.5    coins to 2-3 btc fees bad
2023  6.25   coins to 2-3 btc fees = terrible
2024  3.125 coins to 2-3 btc fees = a miners dream a users nightmare