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bitcoins

Making about $23-34 every 7-8 days using NiceHash. I don't know if that's good or bad. LOL

ZUWGnr.jpg
 
Climber said:
But, just as they can make it go up rapidly, they can also make it drop rapidly. I would not be surprised to find out, at some point, that there was a group of them coordinating their moves and knowledge to profit from it.
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Can you short Bitcoin yet?
 
Since the office is closed. I fired up my old mining rings and hid them at the office. I hope no one notices the power draw and the hardware. It helps that the IT guy is part time and offsite so I can use his server room. :laughing


photomania-f06911cc93785908e1a5c900422d3772.jpg
 
That would be my thought too. I don't think that particular screen accounts for electricity costs like the desktop client can if you setup that option. I think only the legacy version supports this now, don't think it's in the quickminer. It can still be calculated easily enough, but those numbers are often misleading.
 
When I worked at Stanford we nailed a few students (some repeatedly) for stealing electricity to run their mining rigs in their dorm rooms.
 
Fun fact: most full service commercial leases currently do not take into account electrical usage nor have provisions to cap use (much less ability).

If Miners only knew...
 
sidewazzz said:
well depends on how much it cost to mine thhat
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Not sure. I haven't seen an increase in power usage via my SunPower app. I have solar so that probably helps.

rcb78 said:
That would be my thought too. I don't think that particular screen accounts for electricity costs like the desktop client can if you setup that option. I think only the legacy version supports this now, don't think it's in the quickminer. It can still be calculated easily enough, but those numbers are often misleading.
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I'm running a Radeon RX 5700 XT ($300 in Jan. LOL) I dropped the power to 100W in the Radeon software, temp is down to about 66C, and hash rate is still at 49 MH/s. I'm okay with this as I don't want to flash the BIOS on this card at this point.
 
Climber said:
Bitcoin is driven by perception, thus my post.

Earlier this year when it went up above $60k, it was because Musk had made a lot of noise about buying it.

I will continue to rise and fall on headlines and plutocrat interest. They ahve the power to make it more to a considerable degree, moreso that just about any stock, so they will. It's what ultra wealthy people do.

But, just as they can make it go up rapidly, they can also make it drop rapidly. I would not be surprised to find out, at some point, that there was a group of them coordinating their moves and knowledge to profit from it.

P.S. We won't know who's wrong or right for years, so there is no reason for either of us to claim victory or admit defeat.
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Well you did say that it was a pyramid scheme in 2017, when it was less than an order of magnitude compared to today's pricing, is that not enough time, or are you talking decades/centuries? "Plutocrats" control established stockmarket pricing even more than newer investment vehicles like cryptocurrency, in my opinion.
 
Shaggy said:
SHIB going nuts the last couple days! HOOOOOOLLLDDDDDD!!!!!
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make sure to take profits guys! I just sold about 25% of my shib hodlings at .000028. It's dropping fast.

what I thought was the absolute dumbest purchase ever, buying $80 of shib back in early april, has paid off handsomely. Thus proving that I know nothing, lol.
 
HappyHighwayman said:
When I worked at Stanford we nailed a few students (some repeatedly) for stealing electricity to run their mining rigs in their dorm rooms.
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That is why you run your mining rig in labs with tons on instruments. Like the mass spec core at Berkeley. :laughing
 
Bowling4Bikes said:
make sure to take profits guys! I just sold about 25% of my shib hodlings at .000028. It's dropping fast.

what I thought was the absolute dumbest purchase ever, buying $80 of shib back in early april, has paid off handsomely. Thus proving that I know nothing, lol.
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Boooooo!!!!!

Hold that shit! I bought ~$200 worth at 0.0000057 for a cool 40M coins. I was up $1300 yesterday, but it’s dropped to ~$800 profit. I’m holding for the moooooooon! I’m gonna buy more. Trying to get to 100M coins. If it tanks, then so be it. It’ll just be like a bad weekend in Reno….

It does seem to be holding around 0.000023 for now. Supposedly it’s gonna be listed on Robinhood soon and there are rumors of them burning coins to reduce the circulating supply.

Just trying to decide what color Lambo I want. :laughing
 
Shaggy said:
Boooooo!!!!!

Hold that shit! I bought ~$200 worth at 0.0000057 for a cool 40M coins. I was up $1300 yesterday, but it’s dropped to ~$800 profit. I’m holding for the moooooooon! I’m gonna buy more. Trying to get to 100M coins. If it tanks, then so be it. It’ll just be like a bad weekend in Reno….

It does seem to be holding around 0.000023 for now. Supposedly it’s gonna be listed on Robinhood soon and there are rumors of them burning coins to reduce the circulating supply.

Just trying to decide what color Lambo I want. :laughing
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Screw the Lambo. I'm gonna spend an entire season following MotoGP around the world.
 
Shaggy said:
Boooooo!!!!!

Hold that shit! I bought ~$200 worth at 0.0000057 for a cool 40M coins. I was up $1300 yesterday, but it’s dropped to ~$800 profit. I’m holding for the moooooooon! I’m gonna buy more. Trying to get to 100M coins. If it tanks, then so be it. It’ll just be like a bad weekend in Reno….

It does seem to be holding around 0.000023 for now. Supposedly it’s gonna be listed on Robinhood soon and there are rumors of them burning coins to reduce the circulating supply.

Just trying to decide what color Lambo I want. :laughing
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:laughing that's what the discord channel says too. I bought 1.2B shib for ~$80. I think shib was at 0.00000008. I used one of my 0.05ETH rewards I got from GPU mining. (back when ETH was around $1600).

I've sold 1/3 of my stack for $10k...hard to pass that up! The profit margin is so ridiculous I just had to sodl a little. I'm using the profits to buy a high end btc ASIC miner (S19J Pro). In 3 years it is estimated it will mine ~0.7 btc.

Still have ~800M shib, so it's not like I've sodled it all.

scootergmc said:
Screw the Lambo. I'm gonna spend an entire season following MotoGP around the world.
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that sounds amazing! do it.
 
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Bowling4Bikes said:
:laughing that's what the discord channel says too. I bought 1.2B shib for ~$80. I think shib was at 0.00000008. I used one of my 0.05ETH rewards I got from GPU mining. (back when ETH was around $1600).

I've sold 1/3 of my stack for $10k...hard to pass that up! The profit margin is so ridiculous I just had to sodl a little. I'm using the profits to buy a high end btc ASIC miner (S19J Pro). In 3 years it is estimated it will mine ~0.7 btc.

Still have ~800M shib, so it's not like I've sodled it all.
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Don't blame you one bit for that quick turn. I keep telling myself I'll hold until my share is over $1M, but in all likelihood, just paying off my mortgage is probably where' I'd cash out in the far off chance it climbs that high. It would need to reach $0.01 for that goal.

keep hodling!
 
Shaggy said:
Don't blame you one bit for that quick turn. I keep telling myself I'll hold until my share is over $1M, but in all likelihood, just paying off my mortgage is probably where' I'd cash out in the far off chance it climbs that high. It would need to reach $0.01 for that goal.

keep hodling!
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If it makes .01 I'm cashing out and building a scrooge mcduck vault.
 
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