Mining KYC Free
Joined November 2013
So u want to mine #bitcoin Read diverter.hostyourown.tools/m… @Diverter_NoKYC econoalchemist.com/post/home… @econoalchemist If u arent willing to read these bc u heard about mad gainz mining & thats all u want, this prob isnt for u and should just DCA at swanbitcoin.com/brento @SwanBitcoin
1
3
2
9
Show this thread
On repeat as we blast past 63k
As we are riding towards new ATH, we can’t forget one of the best video memes that carried us to those new highs.
0
0
0
1
₿rrrrrrrrrrrrrent ⛏️ retweeted
1/ A thread on #Bitcoin miner metrics. First, some fundamentals. Bitcoin's average hash rate hit a new ATH yesterday – crossing a daily average of 178 exahash / sec for the first time in history. Miners keep spinning up machines – hash rate is up only. glassno.de/3utg7bU
46
387
58
1,304
Show this thread
₿rrrrrrrrrrrrrent ⛏️ retweeted
If you also are sick of explaining why #NFTs are a scam, you can pass on this article I wrote instead. NFTs: Not Fully Thought-out bjdweck.medium.com/nfts-not-…
7
14
10
56
Show this thread
Tracking update: From start of @MicroStrategy's speculative attack (12/9/2020) 4/1/2021: $GBTC $50.51 138.48% $MSTR $716.35 154.48% #BTC $58,944.90 219.05% $SPY $399.07 7.57% $GLD $161.48 -7.15%
Tracking update: From start of @MicroStrategy's speculative attack (12/9/2020) 3/1/2021: $GBTC $46.65 120.25% $MSTR $794.11 182.10% #BTC $48,428.50 162.13% $SPY $386.13 4.08% $GLD $163.15 -6.19%
0
0
0
0
#Bitcoin energy use FUD is getting exhausting.
Bitcoin's total energy usage is determined primarily from market capitalization and difficulty adjustments, not transaction volume. In other words, the marginal bitcoin transaction/spending choice has virtually no impact on bitcoin's total energy usage.
Show this thread
0
0
0
0
Confession: I sold some #btc for the first time last night. However, I used it for more ASICs and reached my personal goal of 1 PH/sec Next goal: 2 PH/sec
0
0
0
1
₿rrrrrrrrrrrrrent ⛏️ retweeted
SLP259 @BitcoinBroski of @compass_mining #Bitcoin Mining For All - prices - hitting ROI - mining equipment - finding facilities - the mining market - global hashrate distribution stephanlivera.com/episode/25…
2
13
4
47
Show this thread
₿rrrrrrrrrrrrrent ⛏️ retweeted
We always hear an argument saying Bitcoin consumes more energy than XYZ, therefore it’s inefficient. You have to look at two things in this argument: 1, What type of energy does Bitcoin is consumes? 2, Where would that energy go without Bitcoin?
11
85
19
387
Show this thread
₿rrrrrrrrrrrrrent ⛏️ retweeted
(THREAD) As the popularity of #Bitcoin rises, so does the scrutiny over its energy consumption and climate footprint. ₿’s transparent on-chain data makes it an easy target for intellectually lazy/dishonest climate narratives. Let’s take a closer look at what critics are missing.
24
208
53
530
Show this thread
₿rrrrrrrrrrrrrent ⛏️ retweeted
Bitcoin deserves better critics... less ignorance, less disingenuousness, and more research please. Try harder, Jason.
9
11
1
110
LATEST: US House plans Wednesday final passage for Senate-approved $1.9T Covid relief bill that includes $1,400 checks, $300-a-week federal jobless benefits, and funds for vaccine distribution; bill would move to President Biden's desk if passed. nbcnews.to/38oG0Bo
0
0
0
0
For hosting in the USA your kwh cost at a pro facility will probably be around 5.5c/kwh-6.5c/kwh depending on location, miners hosted, etc More options open up at 10 miners and many more at 100, but at 5k-12k per miner, this is out of reach for the average person
0
0
0
1
Show this thread
Congrats! You are now mining bitcoin! IMO this is the best way to #stacksats #nokyc #btc Keep a separate wallet for these KYC free coins and do not mix them with other coins
1
0
0
1
Should I sell my mined #BTC to pay for power? Depends. I do not. I like mining as my DCA Selling your mined BTC creates a taxable event, so be careful There are a lot of tax implications with mining. I am not qualified to give advice so consult a CPA or qualified professional
1
0
0
0
Mining is not a get rich quick endeavor. At current miner prices of ~$95/TH for newest gen ASICs, ROI is around 1 year. If hashrate dramatically increases or #BTC price decreases, you may mine at a loss or it may take much longer to recoup your investment hashrateindex.com/machines/s…
1
0
0
0
I'm no expert, I just love #bitcoin. I hope this quick overview of my experience with #bitcoinmining is helpful. I did this bc a significant # of people are asking me about mining IRL bc they think they'll get rich doing it, but don't know the risks/rewards and how to get started
1
0
0
3
Do your own research Don't overextend yourself/take loan to buy miners Ask questions before you deploy capital #HODL your #Bitcoin DMs always open for questions/whatever I have no financial interest in any of the pools, companies, people, mentioned. Swan is a referral link.
0
0
0
2
Show this thread