Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4192. (Read 26714193 times)
January 12, 2022, 09:01:26 PM
January 12, 2022, 08:54:05 PM
…..
That's what happened to the lucky miner who got 6.25 BTC so soon. It was pure luck. The probability of you and me getting this lucky is practically zero, as was his.
Few understand this.
Yup.That's what happened to the lucky miner who got 6.25 BTC so soon. It was pure luck. The probability of you and me getting this lucky is practically zero, as was his.
Few understand this.
Hence mining pools.
Fun fact…
I used to solo mine a shitcoin that could only be solo mined, no pools.
I did okay. Usually found about 5 blocks a day on average (about 2$ worth)with a 750ti.
Traded em all for bitcoin at end of every month. Fun stuff and kept me amused…
You suck!!!!!!
#@$% shitcoin enabler.
January 12, 2022, 08:28:04 PM
…..
That's what happened to the lucky miner who got 6.25 BTC so soon. It was pure luck. The probability of you and me getting this lucky is practically zero, as was his.
Few understand this.
Yup.That's what happened to the lucky miner who got 6.25 BTC so soon. It was pure luck. The probability of you and me getting this lucky is practically zero, as was his.
Few understand this.
Hence mining pools.
Fun fact…
I used to solo mine a shitcoin that could only be solo mined, no pools.
I did okay. Usually found about 5 blocks a day on average (about 2$ worth)with a 750ti.
Traded em all for bitcoin at end of every month. Fun stuff and kept me amused…
You suck!!!!!!
January 12, 2022, 08:01:26 PM
January 12, 2022, 07:56:37 PM
Bye bye Firefox
Its very likely that this perception of the general public about how bad Bitcoin is to the environment, and how it effects climate change is partly the reason why its taken a little fall. I'm not really complaining too much about that to be honest, I get to earn a little more Bitcoin than I would have if it stayed where it was at, and I'm confident in the future we'll actually be able to largely reduce this reputation. Its just annoying to see brands, and services I prefer coming out with nonsense like this. I know they haven't completely removed it yet, since they're conducting a review, but they likely will after they feel the pressure from the public.The Mozilla foundation had already shown signs they'd been compromised. Fortunately, people are picking up on these things ever more quickly and the wait for alternatives gets shorter all the time.
January 12, 2022, 07:40:02 PM
Be careful out there, brothers.
January 12, 2022, 07:13:59 PM
Bye bye Firefox
I absolutely hate the modern world, and how everyone has to follow the same agenda i.e looking good to their customers. Looking like they care about the world, when really they're cherry picking things that they can do away with, but as mentioned above the very thing they cater to; the internet uses a tonne of resources, and will likely keep increasing massively in the future. I just wish some companies were inspired, and brave enough to try something against the grain, and instead of removing something that is perceived bad, start to change the opinion of the population, and who knows even contribute to bettering the technology itself. You know, like a certain Cryptocurrency creator did...
Its very likely that this perception of the general public about how bad Bitcoin is to the environment, and how it effects climate change is partly the reason why its taken a little fall. I'm not really complaining too much about that to be honest, I get to earn a little more Bitcoin than I would have if it stayed where it was at, and I'm confident in the future we'll actually be able to largely reduce this reputation. Its just annoying to see brands, and services I prefer coming out with nonsense like this. I know they haven't completely removed it yet, since they're conducting a review, but they likely will after they feel the pressure from the public.
January 12, 2022, 07:08:12 PM
Not sure many potheads can really make an impact on studies posted on pubmed by the National Institute of Health... but yea, Otherwise I understand your skepticism.
Those people went to uni. I also went to uni. I can tell you that it's not a stretch.
January 12, 2022, 07:01:36 PM
January 12, 2022, 06:55:00 PM
What is this? Sideways for ants?
Ant pumps are going for long and maybe now these ants have turned to big lizards so now stop CB please and give some boost out pumps to elephant's also 
Even if you want to make some tortoise moves then do it but make them in forward direction not around the circle of $41k-$43k.
C'mon have some btc food and spill out some pumps for us also
To some extent, "it is what it is." $43k and even touching upon $44k feels relatively better than when we had our dipping down to $40k and even touching into the upper $30ks.. even for how short of a time that it was... .. not a good feeling...
So, yeah getting a bit more UPpity should not be a bad thing, and maybe we cannot start resting assured about our bottom of $39,559 for this correction period being "in" until getting into the upper $40ks and even in the lower $50ks, but maybe we cannot really start to feel some kind of assurance that our distance from that $39,559 bottom is sufficiently great enough to be "in" until we get supra $52k or even supra $53k.. Currently, I am thinking supra $53k... even though getting above $50k could perhaps be enough.. I just feel it might not be enough to start to feel some confidence that the local bottom of $39,559 is "in."
Any mining expert can disclose how many machines or how much it currently would cost to set up a mining arrangement that produces 126 Terahashes (TH) of mining power?
1 th earns .2296 usd a day
10 th earns 2.296 usd a day
100 th earns 22.96 usd a day
126 th earns 28.93 usd a day
1000 th earns 229.60 usd a day
10000 th earns 2296.00 usd a day
100000 th earns 22960.00 usd a day
1000000th earns 229600.00 usd a day
1260000th earns 289,300.00 usd a day just about 1 block if rewards were .15 btc as 6.40 x 44000 = 281600
so he earned about 10,000 days worth of coin rather than 1
best machines to get exactly 126 th would be say 3 antminer t17 units or 2 whatsminer m20s units.
So basically it was hitting a 10000 to one shot.
January 12, 2022, 06:52:26 PM
Potheads claim cannabis cures everything so color me skeptical. Not that people shouldn't be able to use it as they please.
Not sure many potheads can really make an impact on studies posted on pubmed by the National Institute of Health... but yea, Otherwise I understand your skepticism.
January 12, 2022, 06:51:34 PM
January 12, 2022, 06:40:44 PM
Potheads claim cannabis cures everything so color me skeptical. Not that people shouldn't be able to use it as they please.
January 12, 2022, 06:01:27 PM
January 12, 2022, 05:56:36 PM
Well this is what Americans supposedly voted for.
To be fair, some of this started under Trump and the unmeasured reaction to the coof (which that was part of) hasn't helped. But yes, those who gave votes to Biden should have known this was on the cards.
Given the choice of the lesser of two evils in not really a choice.
That's how they get you! The most evil thing is that electoral system is designed with 2 candidates in mind. It breaks when there are 3 candidates: if neither of the 3 gets over 50% threshold, then neither of them becomes President. Crazy stuff haha.
January 12, 2022, 05:15:24 PM
At a glance: we're still missing the last leg.
Agreed, can't see the numbers on that graph properly but I guess it should propel us to something like 200% up?
Get the choppa ready!
Lookie wookie...
The bulls coming out of the woodwork with such bullish proclamations.
Wow!!!!!
200% would take us all the way to $120k and maybe even get us to $130k.....wooopie......
woooppiiiiieeee
woooppiieeeee
Looking forward to those BIG ASS numbers!!!!!!!
Meanwhile, 7% inflation in U.S.
7%? First time since 1982? You have to be totally retarded not to buy BTC now!
Everything's going to be JUST FINE. Or so they say...
https://www.bloomberg.com/news/articles/2022-01-11/past-the-worst-why-u-s-inflation-could-fade-or-linger-in-2022
Haha most hilarious article I've read this year! 3% or less by the end of 2022? Good luck with that!
Even if that seemingly best case scenario rosy picture were to end up coming true, we are still extremely prejudiced by the mere fact that we have already experienced a locked in higher rates of inflation that ended up moving everything up in price so the future prices are not reversing anything that has already gotten locked in.. that is even if they were to be able to bring the real rate of inflation back down to below 3% and into a 2.5% arena as they are rosey pie in the sky projecting (in theory).
January 12, 2022, 05:01:26 PM
January 12, 2022, 04:55:11 PM
44000 in Words can be written as Forty Four Thousand. If you have saved 44000 dollars, then you can write, “I have just saved Forty Four Thousand dollars.” Forty Four Thousand is the cardinal number word of 44000 which denotes a quantity.
January 12, 2022, 04:53:36 PM
Any mining expert can disclose how many machines or how much it currently would cost to set up a mining arrangement that produces 126 Terahashes (TH) of mining power?
The Bitmain S19 has 110Th/s
On average if you solo mined with one Bitmain S19 (110TH) you would hit one block about every 30 years (assuming constant difficulty)
In the real number interval [0,1], any specific number has zero probability of being picked (assuming a continuous probability distribution).
Here's one:
0.4895739579579407964907
Hey, I picked it! I'm so lucky, right?
That's what happened to the lucky miner who got 6.25 BTC so soon. It was pure luck. The probability of you and me getting this lucky is practically zero, as was his.
Few understand this.
My L3+ mined a LTC block about a year ago for a pool, at the time it would have taken 435+ days (probability) to solo mine. For $400 worth of power during a probabilistic time period I couldn't chance a solo endeavor. The S19 takes about 4X the power I cannot fathom how one could solo mine with any expected outcome unless they are actually a farm that has 500+ machines.
.... or free electricity?
January 12, 2022, 04:40:20 PM
Any mining expert can disclose how many machines or how much it currently would cost to set up a mining arrangement that produces 126 Terahashes (TH) of mining power?
The Bitmain S19 has 110Th/s
On average if you solo mined with one Bitmain S19 (110TH) you would hit one block about every 30 years (assuming constant difficulty)
In the real number interval [0,1], any specific number has zero probability of being picked (assuming a continuous probability distribution).
Here's one:
0.4895739579579407964907
Hey, I picked it! I'm so lucky, right?
That's what happened to the lucky miner who got 6.25 BTC so soon. It was pure luck. The probability of you and me getting this lucky is practically zero, as was his.
Few understand this.
My L3+ mined a LTC block about a year ago for a pool, at the time it would have taken 435+ days (probability) to solo mine. For $400 worth of power during a probabilistic time period I couldn't chance a solo endeavor. The S19 takes about 4X the power I cannot fathom how one could solo mine with any expected outcome unless they are actually a farm that has 500+ machines.
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