Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Ludwig Von]

Did I just get lucky, or dit Kraken buy some new toasters and a loadbalancer?

I hope for the latter, but am afraid it 's the former... . (But I also was pleasantly surprised to login succesfully in one attempt)... .

[1715466158]

1715466158

[sirazimuth]

So...who sold the farm to buy that fucking dip and made a mint?

....no,me neither.....

Wot dip?

Oh crap, that's right ,it wasn't today so it doesn't count, my bad!

[gentlemand]

Did I just get lucky, or dit Kraken buy some new toasters and a loadbalancer?

No doubt many have abandoned them, but they're also doing some major upgrade this month.

[sirazimuth]

Did I just get lucky, or dit Kraken buy some new toasters and a loadbalancer?

Do the folks who run these exchanges like their
toast load balanced or some such thing?

[BitcoinBunny]

[Higher Altitude]

This might be off-topic but do some of you more experienced guys recommend mining to the average guy who can‘t get more than 10 miners or should we just stick to buying and holding BTC?
I don‘t know what I‘d enjoy more. The noise of S9‘s mining in my apartment or just watching BTC grow.

[BitcoinBunny]

This might be off-topic but do some of you more experienced guys recommend mining to the average guy who can‘t get more than 10 miners or should we just stick to buying and holding BTC?
I don‘t know what I‘d enjoy more. The noise of S9‘s mining in my apartment or just watching BTC grow.

Recent article may help
https://99bitcoins.com/bitcoin-mining-profitable-beginners-explanation/

I gather it's only about $300 profit per S9 per month and that is probably the best case scenario (heard these machines are not exactly reliable), and it will only drop. So even at 10 S9s you're only looking at $3000 per month. One BTC is growing by more than that at the moment and you don't have to do anything except keep your keys safe.

Personally I wouldn't do it.

[gentlemand]

This might be off-topic but do some of you more experienced guys recommend mining to the average guy who can‘t get more than 10 miners or should we just stick to buying and holding BTC?
I don‘t know what I‘d enjoy more. The noise of S9‘s mining in my apartment or just watching BTC grow.

I've hardly ever seen anyone here in recent years saying that they took up Bitcoin mining, let alone made a success of it.

Most go straight to alts with GPUs.

[Higher Altitude]

This might be off-topic but do some of you more experienced guys recommend mining to the average guy who can‘t get more than 10 miners or should we just stick to buying and holding BTC?
I don‘t know what I‘d enjoy more. The noise of S9‘s mining in my apartment or just watching BTC grow.

Recent article may help
https://99bitcoins.com/bitcoin-mining-profitable-beginners-explanation/

I gather it's only about $300 profit per S9 per month and that is probably the best case scenario (heard these machines are not exactly reliable), and it will only drop. So even at 10 S9s you're only looking at $3000 per month. One BTC is growing by more than that at the moment and you don't have to do anything except keep your keys safe.

Personally I wouldn't do it.

Ugh, that‘s really nasty. S9‘s are cheaper now though, 1.4k but it doesn‘t leave much room for error. If the price of BTC drops bagholding isn‘t much fun and having headaches with those miners neither. I guess I‘ll pass

This might be off-topic but do some of you more experienced guys recommend mining to the average guy who can‘t get more than 10 miners or should we just stick to buying and holding BTC?
I don‘t know what I‘d enjoy more. The noise of S9‘s mining in my apartment or just watching BTC grow.

I've hardly ever seen anyone here in recent years saying that they took up Bitcoin mining, let alone made a success of it.

Most go straight to alts with GPUs.

Then I stick to buying BTC  

Thanks for the heads up.

[BTCMILLIONAIRE]

This might be off-topic but do some of you more experienced guys recommend mining to the average guy who can‘t get more than 10 miners or should we just stick to buying and holding BTC?
I don‘t know what I‘d enjoy more. The noise of S9‘s mining in my apartment or just watching BTC grow.

Recent article may help
https://99bitcoins.com/bitcoin-mining-profitable-beginners-explanation/

I gather it's only about $300 profit per S9 per month and that is probably the best case scenario (heard these machines are not exactly reliable), and it will only drop. So even at 10 S9s you're only looking at $3000 per month. One BTC is growing by more than that at the moment and you don't have to do anything except keep your keys safe.

Personally I wouldn't do it.

If you factor in Bitcoin's price increase you would probably make more than whatever is the current rate, or you would at least hold it. But overall it'd generally still be more profitable to just buy and hodl BTC. Mining is more of a hedge for very large crypto portfolios in my opinion.

[gembitz]

This might be off-topic but do some of you more experienced guys recommend mining to the average guy who can‘t get more than 10 miners or should we just stick to buying and holding BTC?
I don‘t know what I‘d enjoy more. The noise of S9‘s mining in my apartment or just watching BTC grow.

Recent article may help
https://99bitcoins.com/bitcoin-mining-profitable-beginners-explanation/

I gather it's only about $300 profit per S9 per month and that is probably the best case scenario (heard these machines are not exactly reliable), and it will only drop. So even at 10 S9s you're only looking at $3000 per month. One BTC is growing by more than that at the moment and you don't have to do anything except keep your keys safe.

Personally I wouldn't do it.

If you factor in Bitcoin's price increase you would probably make more than whatever is the current rate, or you would at least hold it. But overall it'd generally still be more profitable to just buy and hodl BTC. Mining is more of a hedge for very large crypto portfolios in my opinion.

mining rigs would be cool to run in the winter months :-D i see mining as a good way to grab free cornzzz<<<

[BTCMILLIONAIRE]

This might be off-topic but do some of you more experienced guys recommend mining to the average guy who can‘t get more than 10 miners or should we just stick to buying and holding BTC?
I don‘t know what I‘d enjoy more. The noise of S9‘s mining in my apartment or just watching BTC grow.

Recent article may help
https://99bitcoins.com/bitcoin-mining-profitable-beginners-explanation/

I gather it's only about $300 profit per S9 per month and that is probably the best case scenario (heard these machines are not exactly reliable), and it will only drop. So even at 10 S9s you're only looking at $3000 per month. One BTC is growing by more than that at the moment and you don't have to do anything except keep your keys safe.

Personally I wouldn't do it.

If you factor in Bitcoin's price increase you would probably make more than whatever is the current rate, or you would at least hold it. But overall it'd generally still be more profitable to just buy and hodl BTC. Mining is more of a hedge for very large crypto portfolios in my opinion.

mining rigs would be cool to run in the winter months :-D i see mining as a good way to grab free cornzzz<<<

I have a room filled with miners that is actually quite hot. Pretty sure you could run a sauna on miners in the summer months.

I sleep in it sometimes too because I like lingering inside the noise. They actually help me fall asleep and stop me from waking up randomly.

[gentlemand]

I sleep in it sometimes too because I like lingering inside the noise. They actually help me fall asleep and stop me from waking up randomly.

You win the Bitcoiner of the month award.

[Higher Altitude]

I sleep in it sometimes too because I like lingering inside the noise. They actually help me fall asleep and stop me from waking up randomly.

You win the Bitcoiner of the month award.

And he deserves it! Such repetitive humming noise can be very meditative. He deserves a peace nobel prize.

EDIT: Back on-topic. We may soon be aiming for new ATH. Get the champagne ready if you aren‘t still drunk from the last bull run. At 15k I‘ll pop a bottle and drink a glass for everyone who wants to join in. Wish you all an enjoyable Christmas season.

[BTCMILLIONAIRE]

I sleep in it sometimes too because I like lingering inside the noise. They actually help me fall asleep and stop me from waking up randomly.

You win the Bitcoiner of the month award.

And he deserves it! Such repetitive humming noise can be very meditative. He deserves a peace nobel prize.

Thank you very much. Unfortunately Mathematicians don't get Nobel prizes because Nobel was a little twat who lost his girl to a Mathematician.

[flynn]

I have a room filled with miners that is actually quite hot. Pretty sure you could run a sauna on miners in the summer months.

I sleep in it sometimes too because I like lingering inside the noise. They actually help me fall asleep and stop me from waking up randomly.

When mined bitcoins fall on the floor, it doesn't wake you up ?

[d_eddie]

I have a room filled with miners that is actually quite hot. Pretty sure you could run a sauna on miners in the summer months.

Or a grow room with (cold) LED lights in the winter!

I sleep in it sometimes too because I like lingering inside the noise. They actually help me fall asleep and stop me from waking up randomly.

You win the Bitcoiner of the month award.

Hehe, a fairly uniform noise without bursts or similar transients actually helps several people in getting and staying asleep, including children with troubled sleep patterns. I used to prepare custom soundscape CDs for my nephews when they were wakeful toddlers.

[gembitz]

sleep when i die :-D weeee bitcoin to da moooon!!<<<<

[bones261]

For anyone other than Bitmain to spam Bcash they'd have to buy it and kiss it goodbye forever as no one other than Bitmain is mining it.

https://cash.coin.dance/blocks/today

 That only tells me that 45% of the hash power is by a mystery other.  Who is the mystery other and why aren’t they identifying themselves?

Bitcoin.com 15.28%- Owned by Roger Ver
BTC.TOP 13.89% -Ally of Bitmain
ViaBTC 11.81%- Partially owned by Bitmain
BTC.com 6.94% - Owned by Bitmain
Antpool 5.56% - Owned by Bitmain
Suprnova .695% - OCMINER (Not affiliated with Bitmain in any way)
"Other Mining Pools" 45.83% - controlled by two mining farms mining to address 13DMgTu721eoYFoxHVE1wZ7k5yixmfRiPQ &17Wk4GPKw9nZ9PbspzaxN3fv1L2m9NA9dg. Other addresses used in the past. Have about 500 Phash between the two of them. Likely Bitmain.

Bravo. Compare and contrast: https://coin.dance/blocks/today

I know Bitmain controls a good portion of BTC mining too. At least Slush Pool 13.9% and F2Pool 11.81% keep him in check. I wonder what happened with Bitfury. That 2.78% is really paltry.
What is most disconcerting about the Bitcoin Cash chain is the fact that the unknown miners are only two mining farms. They are not pools where independent miners can join the party. Over 45.83% hash controlled by only two mining farms? That is just not very healthy.

[gembitz]

For anyone other than Bitmain to spam Bcash they'd have to buy it and kiss it goodbye forever as no one other than Bitmain is mining it.

https://cash.coin.dance/blocks/today

 That only tells me that 45% of the hash power is by a mystery other.  Who is the mystery other and why aren’t they identifying themselves?

Bitcoin.com 15.28%- Owned by Roger Ver
BTC.TOP 13.89% -Ally of Bitmain
ViaBTC 11.81%- Partially owned by Bitmain
BTC.com 6.94% - Owned by Bitmain
Antpool 5.56% - Owned by Bitmain
Suprnova .695% - OCMINER (Not affiliated with Bitmain in any way)
"Other Mining Pools" 45.83% - controlled by two mining farms mining to address 13DMgTu721eoYFoxHVE1wZ7k5yixmfRiPQ &17Wk4GPKw9nZ9PbspzaxN3fv1L2m9NA9dg. Other addresses used in the past. Have about 500 Phash between the two of them. Likely Bitmain.

Bravo. Compare and contrast: https://coin.dance/blocks/today

I know Bitmain controls a good portion of BTC mining too. At least Slush Pool 13.9% and F2Pool 11.81% keep him in check. I wonder what happened with Bitfury. That 2.78% is really paltry.

nuclear submarines? :-D weeee