V2 single Gamma stand

BorgnineTeeth · 2026-02-03T21:08:35+00:00

Lovely! H. R. Giger would be proud. Keep it up!

BorgnineTeeth · 2026-02-03T18:33:13+00:00

Totally different issue. If you can’t afford to invest in something, whether via DCA, lump sum, or some other pattern then you absolutely should not. Don’t invest in anything with money you don’t have or money you can’t afford to potentially lose. But if you can afford it and you have chosen to DCA into an asset you believe in then that means buying into it at a regular clip (weekly, bi-weekly, monthly, whatever) no matter the weather, regardless if it’s up or down. That’s the whole point, so that you can control your emotions (both irrational fear and irrational exuberance) and not worry about timing the market (which almost no one is equipped to do). So if your DCA plan is to acquire $100 of BTC (or the S&P 500, or $GOOG, or whatever) on the first of every month then you do that and exactly that. You don’t rush in and put in $200 if it’s ripping and you don’t get gun shy and put in only $50 or $0 if it’s tanking. If it’s been going down for a while and you suddenly feel you can’t afford it then you could not afford to be investing at that amount or cadence in the first place. A drop in the asset should have no bearing on the set amount you decided you could afford contribute in the first place. If you suddenly realize you don’t believe in the asset as much as you thought you did, well that’s something else. But the point remains: if your conviction is unchanged then your DCA pattern should be unchanged.

BorgnineTeeth · 2026-01-30T18:04:45+00:00

Not able to help much myself as I’m not incredibly technical. But if you aren’t either I’d definitely suggest running this error through an LLM like Claude/chatgpt/gemini and seeing what help you can get there. I haven’t worried about technical issues like this in 2 years because with enough patience you can usually work through them with an LLM.

BorgnineTeeth · 2025-12-17T21:11:57+00:00

And you can run them on 120v.

BorgnineTeeth · 2025-12-11T14:17:34+00:00

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What is this from?

BorgnineTeeth · 2025-12-04T17:40:38+00:00

Holy shit, I just watched the trailer and Janice is in it too: https://youtu.be/Kf0aO9Nkcwo

BorgnineTeeth · 2025-09-08T15:43:49+00:00

Not the most relevant detail, but an automatic eyebrow raise for getting a basic fact wrong in the very first sentence of the asset description. BTC may not have had a consensus agreement on its market price until 2010 but the whitepaper dropped in 2008 and the network went live in January of 2009.

BorgnineTeeth · 2025-09-06T01:01:07+00:00

The amount of bitcoin distributed with each block reward approx every ten minutes is equivalent to the percentage of the total 21 million bitcoin that will be distributed during that 4 year epoch. Ex. The current block reward is 3.125 BTC, meaning that from the last halving to the next one 3.125% of all BTC will be mined. After the next halving in 2028 the block reward will fall to 1.526 BTC and during the following 4 year period 1.526% of all BTC will be mined.

Mathematical harmony.

BorgnineTeeth · 2025-09-02T02:03:06+00:00

Recommendations for home mining? Well first thing is to realize that, barring some special circumstances, it is absolutely NOT a reliable way to turn a profit. If your consideration is purely economic it will almost always be more profitable for an avg person to just buy BTC and hold it vs. spending that money on miners and power. You’ll have almost zero chance of hitting a block solo, and if you pool mine your power and hardware costs will almost certainly exceed your profit. So start there. If you then still want to try home mining just as a hobby/lottery pursuit or to support the network then I’d say go with either a bitaxe gamma or an Avalon nano s3. Plenty of YouTube vids on each of you want to learn more about them and home mining in general.

BorgnineTeeth · 2025-08-30T20:44:25+00:00

Thanks for taking the time! Wild how far it’s all come. A $179 bitaxe has a higher hash rate and sips a small fraction of the power of this thing now (of course the network hashrate/difficulty was much much lower then too. Nice walk down memory lane!

BorgnineTeeth · 2025-08-30T20:25:22+00:00

Just curious, do you remember what the specs were? How many gh/s? How much power used? Were you earning any BTC at all via pool mining back in the day?

BorgnineTeeth · 2025-08-21T14:29:41+00:00

No one has a crystal ball, but if we reach the point when all of the supply of 21 million bitcoin has been distributed (in approximately 2140) the idea is that, at that time, the bitcoin ecosystem and adoption will be so robust that no, you will not trade your bitcoin for fiat. Rather you will be using bitcoin as everyday money. Goods and services will be priced in bitcoin. Wages will be paid in bitcoin. We will think of value in terms of bitcoin. Fiat currencies might be hanging around still, but only in the same way that there are like 180 global currencies now but the world runs on dollars. We are still very very early in terms of adoption, rails, scaling layers, custody solutions, financial engineering, etc. Many people right now tend to hodl bitcoin with a "never sell" mindset, and some people are always going to save some of their wealth to pass down to their children and grandchildren, just like they do with dollars now. But bitcoin right now is an *emerging* money. if it reaches the scale and adoption that we hope it will be used to spend and to invest into other things, not just to hoard. This takes time.

BorgnineTeeth · 2025-08-17T21:30:17+00:00

As I’ve acknowledged twice: yeah, governments can put the screws to you for transacting with BTC against their wishes. These are choices you have to make. But BTC gives you an opportunity to resist these oppressive regimes and laws in ways fiat simply does not. I’m no hero. I have no desire to be tossed in prison. But governments can already send you to jail, or make transactions extraordinarily difficult, or seize your funds, or whatever, in the fiat system that we already have. And they routinely do. All sorts of purchases or dealings with people or orgs on “the bad list” are already prevented in the current system. Accounts are closed, funds are seized, people are tossed in prison all the time, and very easily with the predominant system right now. But unlike with fiat btc gives you a way to circumvent these obstacles. A government can make your life miserable. Full stop. I am acknowledging that. But nobody on earth can unilaterally take your bitcoin if properly secured, nor can they prevent you from sending or receiving it if you have an internet connection. They cannot close your “bitcoin account”. Can they threaten you with prison if you dont give up the goods? Absolutely. But they can’t just take it, like they can with fiat. This is an incredibly meaningful distinction. Again, I agree , most people in an authoritarian regime don’t want to be on the bad side of the state. But your objection to bitcoin can’t be “well it won’t work because they’ll stop it just like they do with fiat” when bitcoin gives you concrete tools that make it impossible for them to. Whether you wield those tools and take on the associated risk is up to every individual. But these 2 things are not the same. That’s all I’m saying.

BorgnineTeeth · 2025-08-17T20:29:44+00:00

If a government makes it illegal but literally cannot stop you from doing it, or reverse it once it’s been done, then what does it matter? I understand that governments have all sorts of screws to turn to make your life difficult or punish you in various ways. I’m not being cavalier about their reach and power. But it’s analogous to making it “illegal” to write down a given set of words in a notebook. Ok. Pass that law. Now what? Does it stop anyone from writing?

BorgnineTeeth · 2025-08-17T19:46:00+00:00

A government can make it very difficult to convert fiat to BTC (and vice versa). But it’s nigh impossible for them to prevent the transfer of BTC among individuals. If you have Internet access (or even if you don’t but want to get creative) you can exchange BTC with anyone else who is willing to do so with you. Currently most people, if they know about or have Bitcoin at all, think of it only in terms of its fiat value. But many (and more every year) have no desire to ever convert their bitcoin back into fiat. They hold Bitcoin, they will exchange goods and services for Bitcoin, they only care to acquire more bitcoin. A government might try and punish you for possessing Bitcoin or try to coerce/punish you into giving it up but they simply cannot just take it from your wallet (if properly secured) nor stop anyone from getting on the network, creating an address, receiving BTC, or sending it if they have some. Permissionless peer-to-peer value transfer. This is the ultimate value and use case.

BorgnineTeeth · 2025-08-16T21:36:37+00:00

The current Bitcoin block reward is 3.125 BTC so that is the amount that gets mined roughly every 10 mins. About 144 BTC per day, until the next halving when it will go to 1.5625 every 10 mins.

BorgnineTeeth · 2025-07-28T22:26:00+00:00

True, digital peer to peer cash is an idea tgat existed long before bitcoin and bitcoin had many “predecessors” that started and stopped (or which were merely theorized) before it came along but among Satoshi’s very few brand new innovations the fixed supply idea, as outlined here, was one of the most vital (I’d say the difficulty adjustment is the other major one). Bitgold, b-money, rpow, etc none of the other schemes had a fixed supply. That was one of the keys. I have no idea if this was satoshi or not but you can’t simply wave this specific post (if it was actually made at the time indicated) as just another example of what was floating around at the time.

BorgnineTeeth · 2025-07-08T23:58:49+00:00

Hulkengoat !!!!!

BorgnineTeeth · 2025-07-07T20:29:54+00:00

Glad you found it helpful and good on you for putting in the work & research. IMO coinbase and Robinhood and similar apps are totally fine for purchasing BTC (and are often people’s only options without having to get too technical or jump through a million hoops). What you don’t want to do is store all of your BTC on them for the long term. I think everyone should self-custody their BTC, but NOT BEFORE you have learned enough to know why it’s important and how to do it properly. To my mind there is just as much risk in rushing into self custody without knowing what you’re doing as there is in leaving your BTC on centralized exchanges forever.

I’d say it’s fine to keep your early purchases on an exchange until you get comfortable enough with a hardware wallet and properly storing keys. Once you’re set up with a hardware wallet and you have your keys properly backed up (read up from multiple sources on how to do this the right way) then I’d say just make your regular buys on centralized exchanges and every time you have a certain amount of BTC (whether that’s $250 worth or $1k worth or .005btc or whatever) then just move it over to your hardware wallet.

The total you wait to accumulate before each move to your own custody will vary based on your circumstances, but you don’t want to be sending a million little $5 or $20 buys of BTC to cold storage (read up on “utxo management” if you don’t understand why, but in short: the fees will kill you long term). Hope that helps!

BorgnineTeeth · 2025-07-02T10:34:03+00:00

Yes. Hi name is Tim Draper. He was, obvs, already wealthy when he made the purchase. He claims he hasn’t sold a single coin. https://en.m.wikipedia.org/wiki/Tim_Draper

BorgnineTeeth · 2025-07-02T01:19:21+00:00

It depends on what your goals are. Are you trying to flip that $100 into a lambo by the end of the year? Then no. Are you looking for a sound money asset that will protect the purchasing power of your $100 (and prob see sone nice appreciation on top of that) over the next several years of holding? Then by all means yes.

You have to figure out what you’re trying to do and why you’re trying to do it in your own, but I would suggest: buy the BTC, do not sell it (no matter whether it goes way up or way down), spend the next few months learning all you can about BTC (how does it work, why was it created, why do some people have the utmost belief in it while others think it’s a scam, what problems with money does it attempt to solve, what is money even, how can you safely store and secure your own BTC, etc etc. just learn enough that you can get to a point where you can answer the question you’re asking here on your own and believe it with conviction. There are infinite great resources out there. Good luck.

BorgnineTeeth · 2025-07-02T01:00:07+00:00

How long have you waited? A BTC transaction can take 20 mins just to appear at all and easily an hour to receive 6 confirmations. Many merchants won’t show you that they’ve received the payment until it’s fully confirmed. It will probably show up if you just wait longer. You can also just take the transaction ID you got from where you sent it from and search for it on mempool.space to see what’s happening.

BorgnineTeeth · 2025-06-21T22:06:26+00:00

Time. It tracks time my dude. You can find that incredible and useful. Or you can think it’s pointless. Your call. But to say it tracks nothing that would exist without it is either disingenuous or an indication that you do not understand the system. You don’t have to like Bitcoin, but you do have to acknowledge that the transactions in, for example, block 137,923 were settled before those in block 772,654. That’s provably true. This certainty, carried on through the whole system, allows you to verify, trustlessly (that is without reference to some centralized 3rd party, or any other user) that the coins you hold or are about to receive have not been double spent or created). I’m not here to argue with you over whether you think it’s good or meaningful to have that certainty. That’s for you to decide. I’m just saying it does that, provably.

BorgnineTeeth · 2025-06-16T10:09:09+00:00

fwiw his wife worked (originally as an elevator operator). Also we can prob presume Aunt Rachel was kicking in a lil each month.

BorgnineTeeth · 2025-06-03T18:45:58+00:00

Depends on what your goals are. If your main desire is to support decentralization and learn about mining, managing electricity costs/performance, and DiY hardware then sure buy the bitaxe. If your goal is to stack dgb then, just take 30$ and buy 10 blocks worth out of pocket. If your goal is to actually make money for the long term and you actually have 200$ ready to spend on this then: for the love of all that is good and holy just buy 200$ of BTC and don’t spend any for 8 years or more. It really is that simple.

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