AC

FieserKiller

Mining excess energy away to mine some bitoin is what people do and so you should too :D Internet Connection: all miners do is receive 80 bytes one or 2 times a minute and send 32bytes back. You can tweak it even lower. So the bandwith is basically no problem, reliability is most important. a spotty mobile connection which dies avery few minutes will make the miners simply stop working and jump back on frequently which is bad for hashrate and bad for the hardware. Mining software:  Usually zero. Miners are fire&forget devices. Depending on the environment you should clean the fans and hashboards from dust from time to time. Staking pool: there is no staking on bitcoin. You most probably want to join a mining pool. there are many pools to choose from, i like braiins pool because I run their firmware on my miners Are there any other points to consider? Yes, many. How much power is available per site and when? a off-the-shelf standard mining rig consumes 3000-4000W. With alternative firmware and some scripts you can modify that somewhat precisely to the available power: you can run the devices at multiple power levels and/or switch multiple miners simply on or off on demand. Then this things require heat and noise management of some sort. For small scale operations with less then a few thousand watts of power there are custom circuits available, check eg Bitaxe project which currently go form 40 to 200W each and there is a while community dedicated to modifying existing miners to run say on DC and not AC, to run on more or less hashing boards, run water or oil cooling, etc pp.

Aussiehash

If past history is anything to go by, there will be a Coldcard Q Mk 2 The original Coldcard Mk1 didn't have buttons at all, and the touch sensors were so sensitive to EMI that you could not use it via USB power from a computer or even via an AC USB brick. You could only really use it powered via battery pack. Each evolution of CC has been a worthy upgrade.

Lurchco3953

Agreed, but living in the northeastern US, it is well below poverty level and about impossible to make ends meet (particularly with medical bills and meds), if you want the "basics".... shelter (house or apartment), heat, food etc... and the common (in the US) internet, phone and some AC in the summer.

BibbleBooble1

I feel ya. I got back from vacation Monday and my AC wasn’t cooling and my water heater was leaking. It was an expensive week but glad to have cool air and hot water again!

haman88

Sorry we invented every aspect of modern life from AC, planes, and cars to crypto?

alivemovietale

Hi my question is for people outside USA, do you support customers from LatinAmerica for example? Is there any specific restrictions? 0x996c2948116d2D1dbdA3569df8AC430C2f4B22Fa

McBurger

it wouldn't have central AC though.

PantaRhei60

completely forgot about them tbh. Vaguely remember 3AC but couldn't recall the association with Luna

head77

Su Zhu and Kyle Davies, the co-founders of the defunct cryptocurrency hedge fund Three Arrows Capital (3AC), are apparently attempting to gather money for a new crypto exchange in collaboration with Mark Lamb and Sudhu Arumugam, the co-founders of Coinflex. They want to raise $25 million, according to the pitch deck. (2023.)

partymsl

Man those 3AC and Terra days just feel like a massive fever dream. The blood on the streets was just too much.

Delicious-Pay7517

Two years later and 3AC's bankruptcy is still the gift that keeps on taking. Billions in limbo, investors still holding their breath

conceiv3d-in-lib3rty

Honestly, even without the Terra/Luna collapse, 3AC was toast at some point. Zhu and Davies borrowed like some degenerate gamblers. Even a regular downturn in the market would have lead to margin calls from several of their lenders and they would have saw their positions liquidated. They had a $670m loan from the ponzi Voyager they would have defaulted on regardless. And of course they’re still living large after all this. Right after the collapse, they both spent the next year in fucking Bali and Dubai lmao. Shit is unbelievable.

Wonderful_Fun543

Crypto and Bitcoin specifically are tribal by nature. I compare asset tickers to abbreviated team names on a sports event card. Don't mention the New York Rangers @ a Vancouver Canucks convention, don't talk about Inter-Milan at the AC Milan event🤣 When I push BTC on an alt sub, THEY call me maxi, on this BTC sub THEY occasionally refer to me as shit-coiner. I don't have feelings so I'm immune 😆 lol. If the argument is sticks and stones, respond with dollars and cents OP😄

Bitcoin1776

:D I sold BTC to get a home too. No regets. The thing - buying the home vs renting - worries of the future? SIGNIFICANTLY dwindled. Have money but no way to 'show it'? Easy with home - nice AC, solar, etc. Want family with woman? Women loveee a home. Want to meet new people? Start an Airbnb. Want to move? OK rent.. BUT I only recommend ONE home - not as an 'investment' but as a show of wealth, reduce worry. I also bought a mountain, but that's it.

JashBeep

Thanks. I first encountered AC many years ago and I feel like I have stewed on this for all that time.

bbiittccooiinn

>The only benefit I see in actually holding BTC in a cold wallet is that you own the crypto under your control. That's it. Big deal...most of these exchanges are now as safe as any cold wallet Are you sure? Exchanges that have gone bankrupt in recent years - 2021 - ACX - 2021 - Mycryptowallet - 2021 - Cobinhood - 2021 - Bitgrail - 2021 - Coindelta - 2021 - EXX - 2021 - VCC Exchange - 2021 - WEX - 2021 - COSS - 2021 - Bithumb - 2021 - BTCEXA - 2021 - Liquid - 2021 - Nova Exchange - 2022 - Three Arrows Capital (3AC) - 2022 - Alamada Research - 2022 - BlockFi - 2022 - Babel Finance - 2022 - CoinFlex - 2022 - Celsius - 2022 - Zipmex - 2022 - FTX - 2022 - Freeway - 2022 - Hodlnaut - 2022 - Ikigai - 2022 - Vauld - 2022 - Voyager - 2022 - West Realm Shires Services - 2022 - Genesis - 2022 - Myconstant - 2022 - Digital Surge - 2022 - Mine Digital - 2022 - Atom Asset Exchange (AAX) - 2022 - Midas Investments - 2023 - Liquid Global - 2023 - The Rock Trading - 2023 - Silvergate - 2023 - Silicon Valley Bank - 2023 - CoinLoan - 2023 - BKEX - 2023 - Patricia - 2023 - Haru Invest - 2024 - Crypto4Winners - 2024 - who's next?

Double-Security-1047

AC will heat up the atmosphere and fridge won't. Which one? You tell us.

schnitzel-kuh

So you are telling me all uses of energy are equally noble or sensible? Let me give you an example. If your appartment is hot in the summer, you could turn on the AC, or you could open the fridge door. Both will use a similar amount of energy, except one actually cools your room. Which do you think we should be doing?

BiffTannen1855

Ok bud. Please enlighten me on how a power grid that can’t handle people’s AC is going to handle miners 

bbiittccooiinn

> I got a little PTSD from BlockFi, You'll never learn. ###Friendly periodic reminder Don't give up your Bitcoin chasing crappy digit yield with those "earn interest" companies. There are a lot of shills churning referral bonuses or these companies using bots to farm new customers. It's like picking up pennies under a steamroller. The highly likely ending is where you'll be next in line during a lengthy bankruptcy process and receive cents in the dollar back. If the below companies didn't exist, BTC would have reached over $100K last cycle. Instead all these companies did was suppress real price discovery by converting Bitcoin people transferred to them to shitcoins in order to generate the yield to pay you, before pulling the rug right under their clients. Don't think this couldn't happen again. Who will be next? Nexo? Buy Bitcoin and withdraw to your cold wallet. Don't keep it on an exchange either. - 2021 - ACX - 2021 - Mycryptowallet - 2021 - Cobinhood - 2021 - Bitgrail - 2021 - Coindelta - 2021 - EXX - 2021 - VCC Exchange - 2021 - WEX - 2021 - COSS - 2021 - Bithumb - 2021 - BTCEXA - 2021 - Liquid - 2021 - Nova Exchange - 2022 - Three Arrows Capital (3AC) - 2022 - Alamada Research - 2022 - BlockFi - 2022 - Babel Finance - 2022 - CoinFlex - 2022 - Celsius - 2022 - Zipmex - 2022 - FTX - 2022 - Freeway - 2022 - Hodlnaut - 2022 - Ikigai - 2022 - Vauld - 2022 - Voyager - 2022 - West Realm Shires Services - 2022 - Genesis - 2022 - Myconstant - 2022 - Digital Surge - 2022 - Mine Digital - 2022 - Atom Asset Exchange (AAX) - 2022 - Midas Investments - 2023 - Liquid Global - 2023 - The Rock Trading - 2023 - Silvergate - 2023 - Silicon Valley Bank - 2023 - CoinLoan - 2023 - BKEX - 2023 - Patricia - 2023 - Haru Invest - 2024 - Crypto4Winners - 2024 - who's next?

panfrosco2

It does go away, however there's no short cuts that I found other than getting better through doing it enough times. Seems the better I became, the easier it became to send larger (relative to my personal bag size) tx's I would recommend getting as prepared as you need to. *Relax, it's all by design* 1) Set aside the day (eventually the afternoon, eventually the lunch hour, etc.) *Relax, it's all by design* 2) I usually think, act, and process better when my hunger has been satiated. Consider having a meal beforehand. Not too heavy (Poutine with sausage for example, for me anyhow) but not just an apple and a glass of water (unless this is your normal "had-a-meal-ready-to-go") -Remember to wait about 30 minutes before getting in the water. Take Tylenol for any headaches, Mydol for any cramps (sorry-I couldn't resist 😜) *Relax, it's all by design* 3) Get your computing device or devices, cold wallet, USB cables, VPNs, settings, check the on/off/functionality of all the cords, connections, Bluetooth, lights in the room, AC if you want it/have it (there will be an increase in body temperature as you attempt to move whatever significant amount your moving, especially the first or first few or more times) *Relax, it's all by design* 4) Get a comfortable seat, chair, hammock, stool, gaming chair, etc...get the computing device situated for ease of access, with cold wallet(s) within arm's reach of said computing device and/or comfortable seating *Relax, it's all by design* 3) Nervous stomach? Have some cold or room temperature water nearby. Take some slow deep breaths, tell yourself that you're calm, all is well, you can't finish what you don't start. Be near the restroom. *Relax, it's all by design* 4) Check and recheck the addresses as many times as it takes. Checked 63 times? Good. 63 times as sure. Over time you'll develop a rhythm with the addresses and how you check them along with the hardware you're using and how this and that work together. *Relax, it's all by design* 5) *SEND THE SMALLEST AMOUNT AS A TEST TRANSACTION.* Overtime, relative to the bag size, this will also become a rhythm. What was once all-the-above to send CAD $527.33 will become the process to send CAD $ 527,333.33, so on and so forth. *Remain relaxed, still by design* 6) It's getting on into the evening/night/morning. You can't delay the inevitable any longer. You either send it now or come back to it later. Of course "later" could be too late, take it into account as realistically as possible. *Remain relaxed, still by design* 7) Time to seize the moment. Confirm, confirm, confirm, confirm, chill. Take a drink of water/soda/tea/coffee/Pabst (side note-Id thought getting a good buzz going would've helped, in my case it didn't help as much as I thought it would, also the foggy thinking...) *Remain relaxed, still by design* 8) Go ahead and calmly copy your TX (transaction number) paste into https://mempool.space/ and see your transaction on the Blockchain. When it confirms, have at the ready, sufficient confetti. Loud raucous yells and hoots are always a favorite, especially for your neighbors. Now...maybe that Pabst as a reward for a job well overdone, but very necessary. 9) Go to bed. There's probably a whole bunch of TPS reports waiting for you at the office tomorrow and you know Lumbergh. Consider a job in construction. *Rinse and repeat. You'll find your rhythm. It's all by design.*

Budo00

They did think that. Sort of. The electric lightbulb looked like some “spaced aged shit” compared to gas and oil lights… candles then gas/ oil took a while to adapt to.., electricity was way more rare, exotic, expensive and still being developed at first. AC and DC currents… the whole story is fascinating. It’s about adaption. Same with bitcoin That picture is a great analogy

Curious-Phi

And I’ll build a spaceship to go to the Sun and install AC on it to make it inhabitable.

PreviousExample

>The statement that Algorand Foundation or AT “brags” tells me a lot about you. You’re on a mission to destroy or unable to get over your losses. Or maybe price is all you really care about which yeah no judgement here whatsoever. I'm not on any mission to destroy nor do I have any losses. You deducted that from a single word I used? I really don't think that word was in any way offensive. I'm just discussing things and you are, for some reason, getting offended by what I say and shifting your tone to passive-aggressive while not properly addressing any of my arguments. Should I apologize for offending you by giving my opinion on something? >The one thing I saw in your post was “bear market” and that is the biggest factor explaining the presumption or characterization that the tide turned on Algorand. So, according to you, Algorand Founation and Algorand Inc making a lot of bad moves from committing $100M to Drone Racing League, failing to vest tokens they OTC sold to 3AC, losing $35M on Hodlnaut, failing to grow the ecosystem which eventually led to the majority of VCs selling their $ALGO and leaving the blockchain for good didn't have any effect on where Algorand is today? You think the bear market is the reason why ALGO recently printed a fresh all time lows on both ALGO/BTC and ALGO/ETH (one year into the bull market) is exclusively because of the bear market and not because of people losing trust in organisations behind Algorand? >Every enterprise has growing pains and makes mistakes. There are too many fantastic new partnerships and products in the Algosphere to ignore now. Look forward! You can call them growing pains and mistakes, but it still doesn't change the fact that a lot of people left when they realized the extent of damage they did. >I don’t and haven’t speculated on Algorand. I treat my investment in Algorand no differently than any of my other long-term investments. Sure I’ll sell some if it pumps and does multiples of my average cost of $0.3. But I will be keeping bags and more importantly sharing in its development for the long haul. Okay, I think we are at the root of the issue here. You're a holder so you'll naturally be biased in your interpretation of what I wrote.

Silarous

Here's a copy of a post I made a few months ago. TLDR, you can make a profit in fiat while still being worse off in terms of BTC earned. "I bought a S19J Pro 13 months ago. Here's the numbers... I bought a S19J Pro Bitcoin miner to use as a garage heater in February 2023. I've been tracking its earnings on a spread sheet. It's had roughly 99% up time since I got it. I ran it overclocked for the majority of the time at 4000w and 125TH. In the summer months, I underclocked it at 1700w and 70TH. My residential electricity rate is right around $0.08 kWh. Here's the numbers using a current BTC price of $62,801 * I spent $2454.41 for the miner and everything I needed to get it up and running (control board for overclocking, wire, outlet, breaker, AC Infinity fan, fan shroud, etc.) * I spent a total of $2,434.56 in electricity. * Total expense = $4,888.97 * As of today, I earned 8,372,182 sats. That's worth $5,257.81. * Mining profit = $368.84 * If I were to sell the used equipment today, I'd get roughly $1,368.35 or 2,178,866 sats. * Total profit from mining and selling used equipment = $1,737.19 or 2,766,182 sats. * Total BTC accumulated = 10,551,048 sats worth $6,626.16 Not bad, right? I made $1737 over the course of a year while heating my garage. In USD, that's a net gain. However, if we do the math on BTC earned from mining vs. using the money spent on the equipment and electricity to buy BTC... * $2454.41 spent on the equipment in Feb 2023 would have bought approximately 10,751,441 sats. * $2,434.56 spent on electricity would have bought approximately 7,329,100 sats if I purchased BTC on the 1st of every month. * Total BTC from buying = 18,080,541 sats, worth $11,354.76. * Total profit buying BTC = $6,465.79 * Net loss from mining vs. buying = -7,529,493 sats or -$4,728.60 In my case, I would have made a lot more money and bitcoin if I just bought it. But I wouldn't have had a heated garage either. However, many of the months, I didn't need a heated garage and ran the miner anyway. :) Would I have paid to heat my garage without the miner? Probably not. Either way, I had fun tinkering with it. It was a great learning experience, and I'm still happy I did it. To those thinking about spending a large sum of money starting up a mining business, you seriously need to run the numbers. This situation would have worked out even worse if I bought more miners, infrastructure to support them, and had rent to house them. With the halving coming up in about a month, I will most likely become unprofitable and will be shutting down unless BTC doubles from here or difficulty drops."

Rshackleford22

No, I sold a little bit to replenish savings to pay for big repairs. A new AC is $5200 pal

InfiniteDollarBill

You have absolutely no idea what you're talking about. You are paying zero attention to Gensler's bad faith behavior. Gensler is the worst regulator in the history of the SEC. Exchanges keep asking the SEC to explain which cryptos count are securities and why, and the SEC refuses to answer their questions. Coinbase sued the SEC to give them clarity and the SEC still refused to answer. They said they need more time to come up with a framework. Then the SEC turned around and sued Coinbase for offering unregistered securities. Giving guidance is one of the main jobs of a regulator but the SEC hasn't given the tiniest bit of guidance about it's interpretations of securities laws. It says it hasn't made up its mind and then it sues all major US exchanges saying they should have known they were offering securities. Gensler's one and only tactic is to intimidate the industry through lawsuits and drive crypto out of the US. He failed to catch FTX, Celsius, BlockFi, Terra, or 3AC but he did manage to intimidate Kraken into dropping Eth staking. He hasn't protected a single crypto investor from fraud but he has protected them from making profits and getting Eth literally for free. Biden vowed to voted the repeal of SAB 121 that just passed both the House and Senate, which is a complete joke of a rule requiring banks to list custodied crypto assets on their balance sheets for the explicit reason that keeping private keys safe is too hard for banks even though average crypto bros have been doing it for years.

Rshackleford22

My AC died. My radiator died. I need new tires. All happened in the same day. I needed to cash out a tiny bit to cover some. That’s why.

bbiittccooiinn

Don't give up your Bitcoin chasing crappy digit yield with those "earn interest" companies. There are a lot of shills churning referral bonuses or these companies using bots to farm new customers. It's like picking up pennies under a steamroller. The highly likely ending is where you'll be next in line during a lengthy bankruptcy process and receive cents in the dollar back. If the below companies didn't exist, BTC would have reached over $100K last cycle. Instead all these companies did was suppress real price discovery by converting Bitcoin people transferred to them to shitcoins in order to generate the yield to pay you, before pulling the rug right under their clients. Don't think this couldn't happen again. Who will be next? Nexo? Buy Bitcoin and withdraw to your cold wallet. Don't keep it on an exchange either. - 2021 - ACX - 2021 - Mycryptowallet - 2021 - Cobinhood - 2021 - Bitgrail - 2021 - Coindelta - 2021 - EXX - 2021 - VCC Exchange - 2021 - WEX - 2021 - COSS - 2021 - Bithumb - 2021 - BTCEXA - 2021 - Liquid - 2021 - Nova Exchange - 2022 - Three Arrows Capital (3AC) - 2022 - Alamada Research - 2022 - BlockFi - 2022 - Babel Finance - 2022 - CoinFlex - 2022 - Celsius - 2022 - Zipmex - 2022 - FTX - 2022 - Freeway - 2022 - Hodlnaut - 2022 - Ikigai - 2022 - Vauld - 2022 - Voyager - 2022 - West Realm Shires Services - 2022 - Genesis - 2022 - Myconstant - 2022 - Digital Surge - 2022 - Mine Digital - 2022 - Atom Asset Exchange (AAX) - 2022 - Midas Investments - 2023 - Liquid Global - 2023 - The Rock Trading - 2023 - Silvergate - 2023 - Silicon Valley Bank - 2023 - CoinLoan - 2023 - BKEX - 2023 - Patricia - 2023 - Haru Invest - 2024 - Crypto4Winners - 2024 - who's next? Nexo?

WorkingLime

Most of the artefacts are from the 90" start of 00". A fridge can be easily 150-200 kWh a month. Old 18.000 btu AC can be 500-600 kWh month and people usually keep them 24/7

ScoobaMonsta

I have a big house too. I just don't have lights on in every room or AC/ heater cranking in every room 24/7. I guess going off grid living has made me more conscious about how I use energy. I can't understand how a house can use 2000 kWh a month. Maybe if there's a lot of people living in the house who spend all day at home. Do you run everything in all rooms 24/7?

DryEagle

AC6 is firmly in my top 5 games I've played in the last decade. You chose well. Enjoy!

cryptolipto

Whelp this likely closes the chapter on the last remaining huge scandal from the previous bear market. Also interesting that grayscale appointed a new CEO today. Probably want to distance themselves from the 3AC/FTX/gemini/genesis situation as much as possible and start fresh

bbiittccooiinn

Yeah don't listen to this fool. ..don't give up your Bitcoin for shitty single digit yield. The highly likely ending is where you'll be next in line during a lengthy bankruptcy process and receive cents in the dollar back. If the below companies didn't exist, BTC would have reached over $100K last cycle. Instead all these companies did was suppress real price discovery by converting Bitcoin people transferred to them to shitcoins in order to generate the yield to pay you, before pulling the rug right under their clients. Don't think this couldn't happen again. Who will be next? Nexo? Buy Bitcoin and withdraw to your cold wallet. Don't keep it on an exchange either. - 2021 - ACX - 2021 - Mycryptowallet - 2021 - Cobinhood - 2021 - Bitgrail - 2021 - Coindelta - 2021 - EXX - 2021 - VCC Exchange - 2021 - WEX - 2021 - COSS - 2021 - Bithumb - 2021 - BTCEXA - 2021 - Liquid - 2021 - Nova Exchange - 2022 - Three Arrows Capital (3AC) - 2022 - Alamada Research - 2022 - BlockFi - 2022 - Babel Finance - 2022 - CoinFlex - 2022 - Celsius - 2022 - Zipmex - 2022 - FTX - 2022 - Freeway - 2022 - Hodlnaut - 2022 - Ikigai - 2022 - Vauld - 2022 - Voyager - 2022 - West Realm Shires Services - 2022 - Genesis - 2022 - Myconstant - 2022 - Digital Surge - 2022 - Mine Digital - 2022 - Atom Asset Exchange (AAX) - 2022 - Midas Investments - 2023 - Liquid Global - 2023 - The Rock Trading - 2023 - Silvergate - 2023 - Silicon Valley Bank - 2023 - CoinLoan - 2023 - BKEX - 2023 - Patricia - 2023 - Haru Invest - 2024 - Crypto4Winners - 2024 - who's next?

dwmtl1000s

AC Cobra kit car or maybe a Backdraft package

SyrupStorm

Sounds fair enough to me, I’m in SEAsia, a country where the minimum wage is $200 a month. An average household electricity bill (if you have AC and electrical white goods) can easily be $100-200. Hopefully they can come up with some other way for miners to operate but at least the government there is making electricity affordable for the average joe! Swings and roundabouts!

bbiittccooiinn

Hi thanks for the reminder that I haven't posted that warning in a while ###Friendly periodic reminder Don't give up your Bitcoin chasing crappy digit yield with those "earn interest" companies. There are a lot of shills churning referral bonuses or these companies using bots to farm new customers. It's like picking up pennies under a steamroller. The highly likely ending is where you'll be next in line during a lengthy bankruptcy process and receive cents in the dollar back. If the below companies didn't exist, BTC would have reached over $100K last cycle. Instead all these companies did was suppress real price discovery by converting Bitcoin people transferred to them to shitcoins in order to generate the yield to pay you, before pulling the rug right under their clients. Don't think this couldn't happen again. Who will be next? Nexo? Buy Bitcoin and withdraw to your cold wallet. Don't keep it on an exchange either. - 2021 - ACX - 2021 - Mycryptowallet - 2021 - Cobinhood - 2021 - Bitgrail - 2021 - Coindelta - 2021 - EXX - 2021 - VCC Exchange - 2021 - WEX - 2021 - COSS - 2021 - Bithumb - 2021 - BTCEXA - 2021 - Liquid - 2021 - Nova Exchange - 2022 - Three Arrows Capital (3AC) - 2022 - Alamada Research - 2022 - BlockFi - 2022 - Babel Finance - 2022 - CoinFlex - 2022 - Celsius - 2022 - Zipmex - 2022 - FTX - 2022 - Freeway - 2022 - Hodlnaut - 2022 - Ikigai - 2022 - Vauld - 2022 - Voyager - 2022 - West Realm Shires Services - 2022 - Genesis - 2022 - Myconstant - 2022 - Digital Surge - 2022 - Mine Digital - 2022 - Atom Asset Exchange (AAX) - 2022 - Midas Investments - 2023 - Liquid Global - 2023 - The Rock Trading - 2023 - Silvergate - 2023 - Silicon Valley Bank - 2023 - CoinLoan - 2023 - BKEX - 2023 - Patricia - 2024 - who's next?

Dudester319

I think I did too! …With the 3AC/Genesis/Gemini debacle too, but, ironically, Gemini’s finally clearing the decks with the bankruptcy (early June 2024 paybacks potentially) and that two year lock-up left me up 50% year-upon-year in that tiny portfolio. Who knew!

Logical-Recognition3

Call words 1 through 8 list A. Call words 9 through 16 list B. Call words 17 through 24 list C. On one sheet of paper, write lists A and B. Call this sheet sheet AB. Similarly, create sheets BC and AC. Each of the three sheets contains 2/3 of the seed phrase. The seed phrase can be recovered from any two of the three sheets. Store the three sheets in three different secure structures. It won't help if they are in the same building and that building burns down. With this method, you can survive the loss or theft of any one of the three sheets. I don't recommend storing the words digitally, no matter how clever the method.

Astramie

Exposed him? Like she exposed Sam Bankman-Fried in her fun and nuanced interview with him? [Sam Bankman-Fried on How to Prevent the Next Terra and 3AC - Ep. 403 - YouTube](https://www.youtube.com/watch?v=zl3AM2m7aqw) Member based organizations like Intersect and Pragma are taking over core development on Cardano. Even if your hate is fixated on one person, they are just one person in an open large community. Chang upgrade is ushering in the Voltaire era, along with new features like zk primitives on L1. Next major upgrade is Leios, which brings even more speed to the L1 with Input Endorsers. That's all happening at the same time as L2's like ZkFold and Hydra continue to make progress and provide more tools and options to developers. [https://twitter.com/UnpopularEL/status/1786821563989242044](https://twitter.com/UnpopularEL/status/1786821563989242044) [https://twitter.com/MarvinDefi/status/1782717948156612736](https://twitter.com/MarvinDefi/status/1782717948156612736) [https://x.com/InputOutputHK/status/1786429794919604415](https://x.com/InputOutputHK/status/1786429794919604415) Developers are active despite the gaslighting that there is nothing happening in Cardano. There's a lot of new developments that are not covered by crypto media and get overshadowed by Solana's stupid meme coins and fake high trading volume stats. You have to go to the streets to find news about Cardano. [https://twitter.com/ElRaulito\_cnft/status/1786393633727402380](https://twitter.com/ElRaulito_cnft/status/1786393633727402380) [https://twitter.com/ikigai\_tech/status/1787565726016184523](https://twitter.com/ikigai_tech/status/1787565726016184523) [https://twitter.com/IagonOfficial/status/1783602399334281410](https://twitter.com/IagonOfficial/status/1783602399334281410) [https://twitter.com/wmtoken/status/1786035947752054991](https://twitter.com/wmtoken/status/1786035947752054991) [https://twitter.com/aiken\_eng/status/1785736204211593288](https://twitter.com/aiken_eng/status/1785736204211593288) [https://twitter.com/SundaeSwap/status/1751701341070664091](https://twitter.com/SundaeSwap/status/1751701341070664091) [https://twitter.com/wolf31o2/status/1782745245202907632](https://twitter.com/wolf31o2/status/1782745245202907632) Cardano is a different network from 2020, and in 2020 it was different from 2017. It grows like Ethereum, and it has an active community. You can choose to be ignorant and believe in the shallow media coverage or you can actually educate yourself and not be a sheep.

Historical_Minimum71

You’re either gaslighting or trolling. FTX was considered one of the least ‘shady’ of them all. They had a stadium in Miami. A charismatic leader who rubbed elbows with politicians and foreign leaders. They had Tom Brady in superbowl commercials ffs. The second largest crypto exchange in the world at the time. SBF was gonna save crypto with the billions he had in reserves. On the cover of Forbes magazine. They weren’t ‘shady’ until the collapse. Kinda like binance. Or Celcius. Or Mt Gox. Or Genesis. 3AC. The list goes on Stop pretending like everyone knew before they imploded.

bbiittccooiinn

###Friendly periodic reminder Don't give up your Bitcoin chasing crappy digit yield with those "earn interest" companies. There are a lot of shills churning referral bonuses or these companies using bots to farm new customers. It's like picking up pennies under a steamroller. The highly likely ending is where you'll be next in line during a lengthy bankruptcy process and receive cents in the dollar back. If the below companies didn't exist, BTC would have reached over $100K last cycle. Instead all these companies did was suppress real price discovery by converting Bitcoin people transferred to them to shitcoins in order to generate the yield to pay you, before pulling the rug right under their clients. Don't think this couldn't happen again. Who will be next? Nexo? Buy Bitcoin and withdraw to your cold wallet. Don't keep it on an exchange either. - 2021 - ACX - 2021 - Mycryptowallet - 2021 - Cobinhood - 2021 - Bitgrail - 2021 - Coindelta - 2021 - EXX - 2021 - VCC Exchange - 2021 - WEX - 2021 - COSS - 2021 - Bithumb - 2021 - BTCEXA - 2021 - Liquid - 2021 - Nova Exchange - 2022 - Three Arrows Capital (3AC) - 2022 - Alamada Research - 2022 - BlockFi - 2022 - Babel Finance - 2022 - CoinFlex - 2022 - Celsius - 2022 - Zipmex - 2022 - FTX - 2022 - Freeway - 2022 - Hodlnaut - 2022 - Ikigai - 2022 - Vauld - 2022 - Voyager - 2022 - West Realm Shires Services - 2022 - Genesis - 2022 - Myconstant - 2022 - Digital Surge - 2022 - Mine Digital - 2022 - Atom Asset Exchange (AAX) - 2022 - Midas Investments - 2023 - Liquid Global - 2023 - The Rock Trading - 2023 - Silvergate - 2023 - Silicon Valley Bank - 2023 - CoinLoan - 2023 - BKEX - 2023 - Patricia - 2024 - who's next?

phaattiee

Sorry this is just completely false. 1. Privacy and Self-Custody/Decentralisation are not one and the same. 2. You can purchase from an exchange with KYC regulation, but the minute you transfer to a cold storage device you're back in the realm of anonymity. As long as nobody gains access to it and can prove its in your possession you're once again in control of a private asset with complete anonymity. - I actually agree with more KYC from exchanges, you don't have to use them, BTC is as anonymous as transacting with cash or bartering in any other form of peer to peer transaction. KYC regulation and legislation on futures/leverage trading BTC is a good thing, it makes it more reliable and less prone to volatile price action and will encourage investment from normies. 3. Even Gold doesn't have 100% anonymity unless you mined it out the ground yourself buried it in a safe and told absolutely nobody you had it... At that point its worthless, Until you use it to transact, the minute you do so you're giving up complete privacy... at least the person you're transacting too knows you have gold... they might not know how much or where its kept but they know you have it or did have it. 4. People should pay CGT on their BTC when they transact. Your bins aren't emptied for free, you roads aren't maintained for free, your children's education isn't free, MOST IMPORTANTLY, your RIGHT TO PRIVACY isn't free, its enforced, my government backed soldiers with their guns and bullets and tanks and helicopters and drones and AC130's and special forces and Navy and airforce and... you get the idea. Yes we like privacy, more of it the better, but also there's a limit and balance to everything. Anyone that expects 100% privacy is hiding from something, big or small.

OderWieOderWatJunge

Length matters. Bitcoin uses 256 Bits for private keys, but yours is in a Base58 checksum-encoded format called the Wallet Import Format (WIF). You can tell by seeing other characters than A, B, C, D, E or F. Private Key in 64 hexadezimal digits (because 256 Bits is just too long): 1E99423A4ED27608A15A2616A2B0E9E52CED330AC530EDCC32C8FFC6A526AEDD This is the same key in Base57: KxFC1jmwwCoACiCAWZ3eXa96mBM6tb3TYzGmf6YwgdGWZgawvrtJ [https://www.oreilly.com/library/view/mastering-bitcoin-2nd/9781491954379/ch04.html](https://www.oreilly.com/library/view/mastering-bitcoin-2nd/9781491954379/ch04.html)

Onad55

3000 watts is equivalent to 25 people. The AC designed for a single occupant may not be able to keep the room cool. 3000w gets you about 100Th/s with a good ASIC miner. Mempool shows there is about 625Eh/s. So, you would be earning on average 1 part in 6.25 million shares of the block reward (less what the pool takes off the top, typically 1-2%). Block rewards are down to about $250k/block. Your share would be about $280/mo. At $200 profit per month, if the miner hardware costs $2000 you could break even in 10 months. But then there are risks that need to be factored in. Equipment failure and theft may be the largest risks. They will probably kick you out of the office space before the end of the year when they figure out what you are costing them in excess electricity usage for your miner and the AC to keep it cool. More miners are coming online and the global hash rate is climbing so your share will be going down. The numbers I used are what I could quickly find online. You’ll need to do your own research to verify the numbers and future projections.

RealCheyemos

Missed opportunity not putting Celsius or BlockFi or Genesis or 3AC, Gemini at the end to really drive home the point for the need of self custody… other than that, great commercial.

bbiittccooiinn

No. Don't give up your Bitcoin chasing crappy digit yield with those "earn interest" companies. There are a lot of shills churning referral bonuses or these companies using bots to farm new customers. It's like picking up pennies under a steamroller. The highly likely ending is where you'll be next in line during a lengthy bankruptcy process and receive cents in the dollar back. If the below companies didn't exist, BTC would have reached over $100K last cycle. Instead all these companies did was suppress real price discovery by converting Bitcoin people transferred to them to shitcoins in order to generate the yield to pay you, before pulling the rug right under their clients. Don't think this couldn't happen again. Who will be next? Nexo? Buy Bitcoin and withdraw to your cold wallet. Don't keep it on an exchange either. - 2021 - ACX - 2021 - Mycryptowallet - 2021 - Cobinhood - 2021 - Bitgrail - 2021 - Coindelta - 2021 - EXX - 2021 - VCC Exchange - 2021 - WEX - 2021 - COSS - 2021 - Bithumb - 2021 - BTCEXA - 2021 - Liquid - 2021 - Nova Exchange - 2022 - Three Arrows Capital (3AC) - 2022 - Alamada Research - 2022 - BlockFi - 2022 - Babel Finance - 2022 - CoinFlex - 2022 - Celsius - 2022 - Zipmex - 2022 - FTX - 2022 - Freeway - 2022 - Hodlnaut - 2022 - Ikigai - 2022 - Vauld - 2022 - Voyager - 2022 - West Realm Shires Services - 2022 - Genesis - 2022 - Myconstant - 2022 - Digital Surge - 2022 - Mine Digital - 2022 - Atom Asset Exchange (AAX) - 2022 - Midas Investments - 2023 - Liquid Global - 2023 - The Rock Trading - 2023 - Silvergate - 2023 - Silicon Valley Bank - 2023 - CoinLoan - 2023 - BKEX - 2023 - Patricia - 2024 - who's next?

SPYalltimehightoday

Power resides in the cave man with the biggest club. You can have all the BTC in the world, be the president of the greatest country on earth, or have unlimited access to a money printer. You are FUBAR when the AC-130 or Reaper Drones show up.

schnitzel-kuh

Idk, I think bitcoiners need to understand that almost no one cares about all the details in the backend, about how specifically a fedwire or something works, same as you probably dont care where the stuff in your toilet goes, or how the your phone chargers make AC to DC power. All they care about is, if I send my friend money, how fast does it show up in their account. And how high are the fees. And right now, bitcoin will take longer to show up by multiple minutes, and in terms of fees last I checked it costs me nothing to wire money, however bitcoin fees vary wildly and recently went up to triple digits for one transaction. Thats orders of magnitude more than even something like western union. I think what many bitcoiners need to understand, is that for most people, who dont care how the backend of anything works, its just very unattractive to use bitcoin, which is also why adoption is so low. How should I explain to someone that they should use some slow digital currency with transaction fees that they see,and lots of hoops to jump through in order to be safe and not have their money stolen or hacked. And all this while they have a piece of plastic in their pocket that is free, works in any store and has a person you can call if something goes wrong. Imagine trying to explain to some 50 year old why he should give up all that convenience for some supposedly better backend or something, that has no effect on how he uses it. Ridiculous

Soft-Homework-4720

I’m curious to know what the tax penalty is on withdrawing from your FHSA. If it’s 10%, I’d eat it and dump it all into bitcoin. That’s just me though. There’s nothing sexy about owning a home, you’re responsible for all maintenance and up keep. Trust me, shit will break (AC, washer/dryer, garage door, etc.) The only reason I’m a home owner is because I’ve become heavily convicted in bitcoin and no longer contribute to my 401k. I was able withdraw the contributions I had made and use that as my down payment on my house, instead of letting that money rot away until I’m 65.

Wershingtern

I’ll let some of you smart guys do my math, power bill averages about $100/ month (l3+ & m21S, with an AC unit running year round) + $50 a month for internet. So a total of $150 a month. I do not sell my BTC to cover those costs, I just pay them and hope my investment makes sense in the future. I don’t think I’ll upgrade this miner, and I’m half tempted to see if I can resell it to recoup some initial investment

ResponsibilitySea327

Lololol. You don't know what they hell I do, do you? You have ZERO idea what running a large power grid is like until you step in my shoes. The plant I support is guaranteed to be several times larger than all the other plants you've been party to. I'll bet the proverbial farm on that one. You don't have the education or clearances to even step in those shoes. But your comment is more related to the price of tea than bitcoin. Of course any economic output requites power. And any power generation has a environmental cost. The point is that ESG is just a political leverage point and doesn't make something "green". It is all based in one's reference. A wond farm is arguably better than coal and an EV may be better than an ICE car in some references, but it doesn't mean that building an EV is environmentally friendly. SEER 16 is better than SEER 14, but you won't save the planet running a SEER 16 AC unit 24/7. You can consume your way to environmentally friendly, you can only mitigate future power growth rates. Take ESG politics and shove it.

Wise_Moon

You ever read about the AC/DC wars? Google “Edison elephant”

hardknockcock

Super cars are not practical. They have become more practical throughout the years, like for example the original Dodge viper didn't even have windows, locks, airbags, AC, ect. But now these super fast cars have a lot more luxury features to them to be more drivable. But the point of them is to not be something you drive for the comfort, it's something you drive to be fast and show off. And unless you can afford 100 lambos then you're also going to have the constant fear of damaging something and putting miles on it.

biba8163

Relative to the big brain hedge funds, he's doing quite well - Aalameda Research lost $5.1 Billion, bankrupt and going to prison - 3AC Three Arrows Capital lost 3 Billion, bankrupt and time served - Genesis Global Capital lost $3 Billion, bankrupt

bbiittccooiinn

###Friendly periodic reminder Don't give up your Bitcoin chasing crappy digit yield with those "earn interest" companies. There are a lot of shills churning referral bonuses or these companies using bots to farm new customers. It's like picking up pennies under a steamroller. The highly likely ending is where you'll be next in line during a lengthy bankruptcy process and receive cents in the dollar back. If the below companies didn't exist, BTC would have reached over $100K last cycle. Instead all these companies did was suppress real price discovery by converting Bitcoin people transferred to them to shitcoins in order to generate the yield to pay you, before pulling the rug right under their clients. Don't think this couldn't happen again. Who will be next? Nexo? Buy Bitcoin and withdraw to your cold wallet. Don't keep it on an exchange either. - 2021 - ACX - 2021 - Mycryptowallet - 2021 - Cobinhood - 2021 - Bitgrail - 2021 - Coindelta - 2021 - EXX - 2021 - VCC Exchange - 2021 - WEX - 2021 - COSS - 2021 - Bithumb - 2021 - BTCEXA - 2021 - Liquid - 2021 - Nova Exchange - 2022 - Three Arrows Capital (3AC) - 2022 - Alamada Research - 2022 - BlockFi - 2022 - Babel Finance - 2022 - CoinFlex - 2022 - Celsius - 2022 - Zipmex - 2022 - FTX - 2022 - Freeway - 2022 - Hodlnaut - 2022 - Ikigai - 2022 - Vauld - 2022 - Voyager - 2022 - West Realm Shires Services - 2022 - Genesis - 2022 - Myconstant - 2022 - Digital Surge - 2022 - Mine Digital - 2022 - Atom Asset Exchange (AAX) - 2022 - Midas Investments - 2023 - Liquid Global - 2023 - The Rock Trading - 2023 - Silvergate - 2023 - Silicon Valley Bank - 2023 - CoinLoan - 2023 - BKEX - 2023 - Patricia - 2024 - who's next? Nexo?

ifeliz

2000+ back in 2013, I used to own an at-home recording studio that required powerful PCs. I eventually switched to Mac (since it was more stable for music back then), since I had multiple powerful PCs just sitting there doing nothing. I was reading this article https://www.businessinsider.com/how-to-mine-bitcoins-2013-3?op=1, so I decided to try mining, and my "rig" was generating around 20 coins a day. I mined for around five months, now to answer how I lost my coins. There were a few things I didn't know: I didn't realize 1) https://www.instawallet.org wasn't secured, 2)the cost of electricity was ridiculous at the time I was blaming summer and the constant AC running until fall, and I realized it was my rig making the electricity go wild, 3)mtgox after that I decided to give crypto a break for a few years. (Big mistake). Now, I have to work every day because I'm not a crypto billionaire; I've made my peace with losing the coins because I believe everything happens for a reason (sometimes because you are dumb and young). I also think that, in some way, I help the Bitcoin/crypto/blockchain project grow by sharing some computational power when it needs it

bbiittccooiinn

- 2021 - ACX - 2021 - Mycryptowallet - 2021 - Cobinhood - 2021 - Bitgrail - 2021 - Coindelta - 2021 - EXX - 2021 - VCC Exchange - 2021 - WEX - 2021 - COSS - 2021 - Bithumb - 2021 - BTCEXA - 2021 - Liquid - 2021 - Nova Exchange - 2022 - Three Arrows Capital (3AC) - 2022 - Alamada Research - 2022 - BlockFi - 2022 - Babel Finance - 2022 - CoinFlex - 2022 - Celsius - 2022 - Zipmex - 2022 - FTX - 2022 - Freeway - 2022 - Hodlnaut - 2022 - Ikigai - 2022 - Vauld - 2022 - Voyager - 2022 - West Realm Shires Services - 2022 - Genesis - 2022 - Myconstant - 2022 - Digital Surge - 2022 - Mine Digital - 2022 - Atom Asset Exchange (AAX) - 2022 - Midas Investments - 2023 - Liquid Global - 2023 - The Rock Trading - 2023 - Silvergate - 2023 - Silicon Valley Bank - 2023 - CoinLoan - 2023 - BKEX - 2023 - Patricia - 2024 - who's next? KuCoin likely

Straight-Fortune-193

Look at it this way, Bitcoin is two trains running on parallel tracks at full speed. One has just left the first station and the other is coming back towards the first station. Look at Every halving as the train pulling into the station where people have the option to get off the dollar train and onto the Bitcoin train. The people who get off the dollar train early are going to be able to sit on the Bitcoin train and be comfortable because they made their choice early. The people who stay on the dollar train and transfer later will be on the Bitcoin train but not as comfortable. They might have to stand or sit next to strangers or if you are from nyc sit on the train with no AC in the middle of the summer with the homeless guy laying across several seats (if you ever lived in nyc you know what I mean). The people who stay on the dollar train because they was reluctant to change train or feel asleep will get reckt at the end when the dollar train enter the last stop at full speed and crashes. These will be the people who will be stuck in the dollar and will loose 100 percent of their purchasing power.

RocketGuy3

Problem is there isn't that much income to begin with, at least not unless you include illiquid property gains (until you sell and have to pay regular income taxes on those deprecation deductions you took). But at *best*, you're making like 3% positive cash flow with minimal taxes. And if you have a rough year where your AC goes out or you need foundation repairs, you may have negative cash flow.

coinfeeds-bot

tldr; Kyle Davies, co-founder of the defunct crypto hedge fund Three Arrows Capital (3AC), expressed no regret over its bankruptcy and the loss of billions in investor funds. In a podcast, he stated companies go bankrupt all the time, showing no remorse. Davies has been avoiding Singapore to evade possible jail time, moving between Europe and Asia. Despite launching a new venture, OPNX, which closed shortly after, Davies faces legal challenges, including a $3.3 billion debt to 3AC creditors and a nine-year prohibition order from Singapore's central bank for alleged regulatory breaches. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Frag187

Make my day !! 0x4E296258a333A434AC753e5F9a0A4d97BFda36A9

Hot_Bus_3112

Make my day xD 0x4E296258a333A434AC753e5F9a0A4d97BFda36A9

btc_clueless

One of the top advice from actually successful traders is: be extremely careful with leverage. This can get you wiped out way easier than you think. Remember even the big players like 3AC and Alameda went bankrupt because they had a poor risk management and the market went in the wrong direction. And you know better and want to risk a 5x leverage? If you do, gamble with just a small position, not your whole bag.

Luffydude

No. Authoritarian censorship overwhelmingly comes from the left and silences the right: Canada, China, Venezuela, Germany, Ireland. Political arrests in the UK only go one way with people on the right arrested for simply having a coffee near a protest I do not know about the specifics of Spain but it has been crushed by gross incompetence under socialist rule with highest unemployment numbers I've seen, zero border protection, rampant crime, mandating that women have extra days out of work per month, authoritarian policies that make no fucking sense like ARRESTING PEOPLE FOR USING THE AC

coinfeeds-bot

tldr; Kyle Davies, co-founder of the bankrupt Three Arrows Capital (3AC), discussed on the Unchained Podcast his lack of remorse for the fund's collapse and his current fugitive status. Davies and his co-founder, Su Zhu, faced legal issues and public scrutiny after 3AC's failure, which was closely tied to Terra's crash. Both were sentenced to four months in prison for not cooperating with the bankruptcy investigation, but Davies has avoided serving his sentence. He blames their lawyer for not informing them of a crucial court date and expresses hope for a settlement with Singapore authorities. Davies, now in Europe, refuses to apologize for the fund's bankruptcy, suggesting that companies fail and what matters is how one rebuilds afterward. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

BadRico94

I think they got burned in the 3AC and owe money because of it

CandidateNrOne

Scam??? 4 days ago I got paid 0.000002 ETH on my ETH wallet. It came from an adress with 2 transactions: one out to my wallet, the other in from a wallet, which has only outgoing transactions (0x1947AC28de8619a95097d6F69EFF26cda37F2806) . Can somemone tell me, what that is?

kcryptohodlr

1.132,325 2.0x4CCC1256D893D61C40B08393C685c0A5AC155f3e

mnkbstard

1. 643,735 2. 0xED9db0732c0A24290cA2313D8bF574605AC9260a

heroinspritze77

777777 0x9261660b0F745A6AD8D69654b8e376AC34B466F0

terje69

626,666 0xB78c5fbC989CC9cE2AC7D7730e64158B18acf5C3

tarbuckl

1. 131,313 2. 0x8bc60c0AC1773caf5c26747512F46F2137A623AF

Avatar_Degen

1. 689200 2. 0xBa253EEF0E3b50c09c9F50f7889D6033AC04D105

unknowntravellert

51822 0x2207147edcbeEdA3b43CFBb72578AC324C2179d6

timbulance

1. 864,932 2. 0xa2520159f15408AC76099c4a6338829B13010ff7

Trans-former-Athlete

717171 0xF2e22908166a71145be04625C4a0CbF04B2FD1AC

Maxx3141

1. 314,159 2. 0x906f7c8C47F1BF8884CEB3272790AC37302675f3

Liltipsy6

656,478 0x5050C9354AC140C99E0621D954aB0ade412A3225

1nfinitus

1. 10,485 2. 0x035b7D2E2c89aBD6e07AC3cb10051F3E80fA5d99

Father_Earth

1. 369420 2. 0xC9d8024FB50E05677AC7debb493832979F90F558

Ulfen_

1. 347 892 2.0xdd8bed7f3128Cb7b2e044EC1feF4d58AC0D93caD

ChibiciED

777779 0x5441c94BDe148AC4C757be17eB0bf0fD3953AC87

ADT06

1. 405093 2. 0x7E54AC2710b7DfFD6A9d35d62B6BfB5983A926fB

HamsterNegative4887

I understand your analogy. I'm simply observing that there appear to be evident religious parallels between Satoshi and Jesus, Fiat and Satan, Bitcoin and The Bible, and Alt Coins and False Idols. I don't think there was mythos around the adoption and buy-in for AC. But I actually don't know the history of AC except for that maybe Tesla invented it?

Z3non

Is the internet a religion? Is AC a religion? No.

HSuke

2020 was more DeFi. All those interest and loan programs created massive leverage that imploded when Terra Luna/Anchor protocol went down and then took down a cascade of other platforms including: DCG, 3AC, Celsius, Voyager, FTX, BlockFi, etc.

WhiskeyOutABizoot

Because you are not understanding how Bitcoin works. People don’t use Bitcoin because they trust Satoshi, so it doesn’t matter if he came out with a new version. People don’t use Alternating Current because they trusted Nikola Tesla, but because it had advantages over Direct Current. If the 60hz AC electric grid was set up, and Tesla decided to make a new 100hz AC standard that had no advantages over 60hz, people wouldn’t switch.

smAminul220

0x4Ca757Da6594AC2cdD214c3DB7B149a1a5fed9B5

Regular_Chapter_788

Friendly reminder Don't give up your Bitcoin chasing single digit yield with those "earn interest" companies. It's like picking up pennies under a steamroller. The highly likely ending for you will be where you'll be next in line during a lengthy bankruptcy process and receive cents in the dollar back. If the below companies didn't exist, BTC would have reached over $100K last cycle. Instead all these companies did was suppress real price discovery by converting Bitcoin people transferred to them to shitcoins in order to generate the yield to pay you, before pulling the rug right under their clients. Don't think this couldn't happen again. Who will be next? Nexo? Buy Bitcoin and withdraw to your cold wallet. Don't keep it on an exchange either. - 2021 - ACX - 2021 - Mycryptowallet - 2021 - Cobinhood - 2021 - Bitgrail - 2021 - Coindelta - 2021 - EXX - 2021 - VCC Exchange - 2021 - WEX - 2021 - COSS - 2021 - Bithumb - 2021 - BTCEXA - 2021 - Liquid - 2021 - Nova Exchange - 2022 - Three Arrows Capital (3AC) - 2022 - Alamada Research - 2022 - BlockFi - 2022 - Babel Finance - 2022 - CoinFlex - 2022 - Celsius - 2022 - Zipmex - 2022 - FTX - 2022 - Freeway - 2022 - Hodlnaut - 2022 - Ikigai - 2022 - Vauld - 2022 - Voyager - 2022 - West Realm Shires Services - 2022 - Genesis - 2022 - Myconstant - 2022 - Digital Surge - 2022 - Mine Digital - 2022 - Atom Asset Exchange (AAX) - 2022 - Midas Investments - 2023 - Liquid Global - 2023 - The Rock Trading - 2023 - Silvergate - 2023 - Silicon Valley Bank - 2023 - CoinLoan - 2023 - BKEX - 2023 - Patricia - 2024 - who's next?

HODL_monk

'clean' energy is worthless, because it is intermittent and unstorable, which is fine for Bitcoin miners, but terrible for the sheeple that just want some AC when its hot, or real industries, that actually want to operate, when they are open. Incentives for clean energy are just boondoggles that throw our money away on virtue signaling. This is NOT A win/win, its actually more of a lose/lose, as we suffer the inflation from all this government giveaways, AND the resulting power systems can't supply real homes or businesses, but only niche crypto mining, and even that will go away, when the tax rates double for it in this country.

romrot

except EVs are outdated technology from the 1800s with a spit shine polish to make them appear to be new technology. The lithium batteries are new, using an AC motor in lieu of a DC motor is near half a century old, but EVs outdate ICEVs by a few decades. EVs work great for short distance driving in optimal weather. If it's too cold though, the batteries won't work. until we have a better way to store electrical energy, ICEVs will still be more ideal.

tbkrida

Exactly, so why even open the door to entertain this bs? If it affects any miners, it affects you as a user of Bitcoin. Next they’ll be saying if you use too much AC in your house we’re going to put a tax on it(joking). It’s dumb.

Jamsster

Yes similar to different commodities. That’s why I said it seems more like a touted virtual gold moreso than currency it originally was marketed to the masses as. Not ridiculously lot different than other commodities else than because it’s a new one its been a lot more lucrative and the form it takes is quite different than the past. As a consumer that isn’t invested in crypto, it’s a transformative use of value that’s intriguing for sure. However, when I consider the energy used in exchange to procure it, it’s kind of questionable. Especially when thinking about the main corporate mines in the US have been in Texas where people complain about the grid struggling. There are definitely positive byproducts that bitcoin miners pursuing better ways of calculating more efficiently provides and that blockchain has the capability to provide. But if you ask a person in Texas what they’d rather have covered between the two its a lot more appealing to have AC on full blast for most people. It doesn’t have to be a zero sum game, but a lot of people will see it that way if and when there’s shortage. Hence the tax: that if the government is smart goes to energy infrastructure. We know they probably won’t because why would they, but that’s the weird world of politics. Just my general thoughts on this. Not taking away from crypto, I really do hope it works well for people involved in it cause I ain’t about I told you sis or relishing in people having bad luck. Just the reservations I hold on it and how it will function in our society.

Regular_Chapter_788

None of what you said makes much sense. If the interest is high that most definitely does not make sense. That's a massive red flag. Don't give up your Bitcoin chasing single digit yield with those "earn interest" companies. It's like picking up pennies under a steamroller. The highly likely ending for you will be where you'll be next in line during a lengthy bankruptcy process and receive cents in the dollar back. If the below companies didn't exist, BTC would have reached over $100K last cycle. Instead all these companies did was suppress real price discovery by converting Bitcoin people transferred to them to shitcoins in order to generate the yield to pay you, before pulling the rug right under their clients. Don't think this couldn't happen again. Who will be next? Nexo? Buy Bitcoin and withdraw to your cold wallet. Don't keep it on an exchange either. - 2021 - ACX - 2021 - Mycryptowallet - 2021 - Cobinhood - 2021 - Bitgrail - 2021 - Coindelta - 2021 - EXX - 2021 - VCC Exchange - 2021 - WEX - 2021 - COSS - 2021 - Bithumb - 2021 - BTCEXA - 2021 - Liquid - 2021 - Nova Exchange - 2022 - Three Arrows Capital (3AC) - 2022 - Alamada Research - 2022 - BlockFi - 2022 - Babel Finance - 2022 - CoinFlex - 2022 - Celsius - 2022 - Zipmex - 2022 - FTX - 2022 - Freeway - 2022 - Hodlnaut - 2022 - Ikigai - 2022 - Vauld - 2022 - Voyager - 2022 - West Realm Shires Services - 2022 - Genesis - 2022 - Myconstant - 2022 - Digital Surge - 2022 - Mine Digital - 2022 - Atom Asset Exchange (AAX) - 2022 - Midas Investments - 2023 - Liquid Global - 2023 - The Rock Trading - 2023 - Silvergate - 2023 - Silicon Valley Bank - 2023 - CoinLoan - 2023 - BKEX - 2023 - Patricia - 2024 - who's next?

Regular_Chapter_788

Don't give up your keys chasing single digit yield. It's like picking up pennies under a steamroller. The highly likely ending will be where you'll be the next in line during a lengthy bankruptcy process. Who will be next? Nexo? If the below companies didn't exist, BTC would have reached over $100K last cycle. Instead all these companies did was suppress real price discovery by converting it to garbage in order to generate the yield to pay you, then they pulled the rug. Buy Bitcoin and withdraw to your cold wallet. Don't keep it on an exchange either. 2021 - ACX 2021 - Mycryptowallet 2021 - Cobinhood 2021 - Bitgrail 2021 - Coindelta 2021 - EXX 2021 - VCC Exchange 2021 - WEX 2021 - COSS 2021 - Bithumb 2021 - BTCEXA 2021 - Liquid 2021 - Nova Exchange 2022 - Three Arrows Capital (3AC) 2022 - Alamada Research 2022 - BlockFi 2022 - Babel Finance 2022 - CoinFlex 2022 - Celsius 2022 - Zipmex 2022 - FTX 2022 - Freeway 2022 - Hodlnaut 2022 - Ikigai 2022 - Vauld 2022 - Voyager 2022 - West Realm Shires Services 2022 - Genesis 2022 - Myconstant 2022 - Digital Surge 2022 - Mine Digital 2022 - Atom Asset Exchange (AAX) 2022 - Midas Investments 2023 - Liquid Global 2023 - The Rock Trading 2023 - Silvergate 2023 - Silicon Valley Bank 2023 - CoinLoan 2023 - BKEX 2023 - Patricia

hungryforitalianfood

Bitfinexed has been wrong every step of the way, for eight years now. Only the dumbest of the dumb continue following this grifter. He relies on smooth brain dweebs to buy into his boy-who-cried-wolf nonsense. He would be a meme, except he’s too irrelevant even for that. Tether truthers are worse than the brainlets who Larry bags like Safemoon or Hex. At least those morons, at one point in time, had a chance to sell for a profit. Tether truthers though? Nope. They’re sidelinooors with no skin in the game, idealistically waiting for the Great Collapse so they can buy at the prices they should have just bought at years ago, instead of allowing themselves to be scared off by ghost stories. Tether, with hardly more than a hiccup, has survived everything. ICO era, 3AC, Luna, FTX, US government inquiries, Celcius, and a whole laundry list of shit being thrown their way. They have not faltered. Wake up or don’t, people like you are inconsequential to progress. You’re the same as the losers who said we couldn’t sail across the ocean, that cars would never be superior to horses, that the internet would never replace physical mail. We succeed in spite of people like you, not because of you.

TwitchScrubing

Yep they're owed money from FTX and 3AC! FTX is at 100% recovery for their creditors, so likely to get a decent bit for voyager. Probably just what you got back ish give or take but I'll take a free dinner haha.

Few_logs

when 10% of my crypto will buy me an AC Cobra, i’ll sell. until then it’s HODL

Generalfro

Skeptic observer since 2012, just enjoying the subculture that was growing up around it. BTC wizard, magic internet money, etc. It wasn't until 2019 that I changed to investor. Up until this point I was still firmly trying to operate in the fiat but not having enough capital to make meaningful investments. Short term outlook fine, long term .... then the money printer turned on full steam and the genie was out of the bottle. Nothing made sense anymore and I felt that I was seeing the writing on the wall. Anecdote: 2019 and I'm having a conversation with my AC repairman post deployment of first stimulus check: Did you need it? No, he says, yeah me either, we are still able to work. So what are you going to do with it naturally comes up next. I said I'm "investing" it, he agrees. We leave it at that. The market was up due to many other people coming to the same conclusion. But it just didn't sit right with me, great I invest and it goes up but at an inflated value.... its all superficially propped up now I thought. So I returned to BTC and decided to put my money there. Over the next few years I was "digesting" what BTC is while continuing to stack where and when I could. But I was still very firmly in investment mindset and viewing BTC as a purely monetary vehicle to hedge against uncertainty. Something changed.... The ETFs came online and what is seen cannot be unseen. There is a demand, a "hunger" if you call it for "something better". The markets are showing and will continue to show this as BTC market cap subsume other assets. This sparked questions and concerns, which invariably led to questions coming from people I work with, live around me that know I was interested in the BTC space. I did not have sufficient data to answer... 1 March 2024 Scrolling through this reddit I decide to clink on a link to the Michael Saylor Tucker Carlson interview. Until this point I have never actually listened to Saylor or really any of the big names/thought leaders in this space. I was astounded, flabbergasted, ashamed. I couldn't help others understand because I was still ignorant, and a succinct encapsulated explanation was available to answer the "why, why BTC?" At least for myself. Then the youtube algorithm delivered.... next up BTC Atlantis 2024 Saylor panel. I could not sleep, ENERGY coursed through my brain, but I needed to process. 2 March I ask my wife if she would indulge me with a BTC conversation. She agrees knowing that BTC is up and the ETFs are up. We watch the Tucker interview and what was said, especially taking note that this was at the ATH, with 20/20 HINDSIGHT. Take note of what was of primary concern: Regulation THE ETFS ARE HERE We then watch the BTC Atlantis Saylor presentation and panel also taking note of the difference in concerns as well as future use. Contrasting the two videos with one at the cycle start and this close to cycle end helps, a lot. Not a word from my wife the entire time. I thank her for letting me share this information with her and knowing as I do she would need to let it cook. Later in the evening she lets me know "Okay, I'm now a skeptic." I continue to watch more and seek out information outside of reddit (ha, I know, ridiculous) late into the morning and it's starting to make sense. As in the whole picture not the individual parts. Today: I can no longer say that I am an investor, I am definitely a maximalist. This is going to change the world, because it's going to change the way we think of value. Price doesn't matter, I will pay anything to SAVE MY ENERGY FORVER!