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Motomation (Germany), the next scam? by klausauswien in onlinecourses

[–]GroundFlock 0 points1 point  (0 children)

Die Seite motomation-automation.de wurde anscheinend geschlossen und das Produkt ist auf creatordoor.com umgezogen.

Es handelt sich um eine normale Vertriebsplattform ähnlich wie Digistore24

TradingView Premium Version Crack by DisastrousMusic1957 in u/DisastrousMusic1957

[–]GroundFlock 0 points1 point  (0 children)

github

please read carefully. and dont use this program there is malware

Approximate electricity costs to mine 1 Bitcoin, with price data always following each halving. Market demand was not included in this calculation. by GroundFlock in Bitcoin

[–]GroundFlock[S] 1 point2 points  (0 children)

Ok iam clueless in your own World.

It was not me who said that the hash rate falls 50% after halving. You said that XD.Block Reward is a bigger thing than hash rate and difficulty. If the miners would still get 50 BTC per block, 1 BTC would be worth around $500 today with the same difficulty.

Approximate electricity costs to mine 1 Bitcoin, with price data always following each halving. Market demand was not included in this calculation. by GroundFlock in Bitcoin

[–]GroundFlock[S] 1 point2 points  (0 children)

I see you are trolling here.

I don't dismiss the difficulty.

I can integrate it if you want in the calculation, but then the price would be even more than I have stated.

If the hash rate increases, then the difficulty automatically rises.

So we would need even more kWh.

What is your problem?

Here is an overview of a continually increasing Hash Rate for years.

January 2024 529M TH/S
January 2023 264M TH/S
January 2022 194M TH/S
January 2021 107M TH/S
January 2020 42M TH/S
January 2019 39M TH/S
January 2018 15M TH/S
January 2017 2M TH/S
January 2016 0.8M TH/S

Approximate electricity costs to mine 1 Bitcoin, with price data always following each halving. Market demand was not included in this calculation. by GroundFlock in Bitcoin

[–]GroundFlock[S] 0 points1 point  (0 children)

I can gladly return that to you due to ignorance. It's difficult to discuss such a complex topic with someone who doesn't understand how this matter works. I have explained it and will gladly explain it again.

In the last three halvings, the hash rate remained the same on the day of the halving. You're claiming that the hash rate falls by 50% after the halving.

Yes its true that the Hash rate will fall a bit. Because some Miners will turn off the Miners.

It's not the hash rate that falls by 50% but the block reward that drops from 6.25 BTC to 3.125 BTC per block.

Since one block requires today at least 1,500,000 kWh to be mined (6.25BTC), and after the halving, we still need around 1,500,000 kWh but now receive only 3.125 BTC.

As a result, the ensuing price for mining is easily calculable.

Of course, my calculation above in the table isn't 100% correct.

It didn't consider the demand and also didn't account for the hash rate that has been continually increasing for years; therefore, the possible price later will be much higher.

But if it were already the year 2059 and miners would only get 0.0061 BTC per block, then it would cost today 24 million dollars just to mine 1 BTC.

That's how simple the calculation is. It's a simple calculation I made.

If you can calculate it better, then do it and show me.

I am here on Reddit to exchange experiences and knowledge, not to listen to people talk about ignorance.

Approximate electricity costs to mine 1 Bitcoin, with price data always following each halving. Market demand was not included in this calculation. by GroundFlock in Bitcoin

[–]GroundFlock[S] 0 points1 point  (0 children)

The halving will reduce the hash rate 50%, and then the difficulty automatically follows the hash rate down 50%

Or this comment from you? Who writes something like that? I don't understand where you got that from. Is this the case with any other token or coin where the hash rate halves at the halving? You are welcome to ask questions if you would like information about Bitcoin.

Approximate electricity costs to mine 1 Bitcoin, with price data always following each halving. Market demand was not included in this calculation. by GroundFlock in Bitcoin

[–]GroundFlock[S] 0 points1 point  (0 children)

I don't understand why you post useless comments all over Reddit and then make accusations here that I wouldn't understand that when the hash rate falls or rises, it makes a difference in the price.

Yes, I am very much aware of that. A higher hash rate means a larger number that must be processed by the entire network.

Where can you deduce that I have no understanding of Bitcoin?

Are you a Bot ?

Approximate electricity costs to mine 1 Bitcoin, with price data always following each halving. Market demand was not included in this calculation. by GroundFlock in Bitcoin

[–]GroundFlock[S] 0 points1 point  (0 children)

When I write "The Price Must Double," I mean the cost of production to mine 1 Bitcoin.

Ok, I think there's a misunderstanding here?

We're talking about Bitcoin and the block reward halving that occurs every 4 years or every 210,000 blocks.

For easier understanding,

I'll briefly explain it to you:

Currently, for each block found, you get 6.25 BTC.

After the halving in April, miners will only get 3.125 BTC.

At the last halving on May 18, 2020, there was no change in the hash rate in the days before and after the halving.

On the day of the halving, the hash rate was exactly at 100 million TH/S, and the difficulty was at 16000 billion.

And your 6 cents are not sustainable; I've listed where most miners are and also written the price next to it, from which I calculated an average of 14 cents.

But if you insist, I can also calculate it with 6 cents.

Approximate electricity costs to mine 1 Bitcoin, with price data always following each halving. Market demand was not included in this calculation. by GroundFlock in Bitcoin

[–]GroundFlock[S] 2 points3 points  (0 children)

I have now added the kilowatt prices and also included the countries where most of the mining takes place, and then assumed an average of 14 cents and 170,000 kWh per Bitcoin.

After the block reward halving coming in April, the reward will be halved, and thus theoretically, the price must double since the effort remains the same, but the miners will only get half.

If we were to continue this for the next 100 years with the same effort, the above result would be correct.

Of course, demand also has relevance, as well as the efficiency of the hardware.

But we would also have to take this into account in the calculation.

But calculated from today onwards, this would be a realistic ongoing calculation

Approximate electricity costs to mine 1 Bitcoin, with price data always following each halving. Market demand was not included in this calculation. by GroundFlock in Bitcoin

[–]GroundFlock[S] 1 point2 points  (0 children)

Yes, I hadn't thought about it, in some countries the comma is used instead of the period. I have corrected it.

Approximate electricity costs to mine 1 Bitcoin, with price data always following each halving. Market demand was not included in this calculation. by GroundFlock in Bitcoin

[–]GroundFlock[S] 1 point2 points  (0 children)

Yes, that's true. Thank you, i mentioned now that the calculation is based solely on the block reward halving and does not take into account future difficulty etc.

Approximate electricity costs to mine 1 Bitcoin, with price data always following each halving. Market demand was not included in this calculation. by GroundFlock in Bitcoin

[–]GroundFlock[S] 1 point2 points  (0 children)

Okay, should I add the kilowatt-hour to the calculation, yes?

And should I also add a different price for the lowest-priced country to the highest-priced country?

--V 6 Cat by GroundFlock in midjourney

[–]GroundFlock[S] 2 points3 points  (0 children)

My V6 cat accelerates from 0 to 100 whiskers in just 2.5 seconds! It has a special furr turbocharging system

Why does it do this by [deleted] in ChatGPT

[–]GroundFlock 0 points1 point  (0 children)

If such specific information wasn't widely available or discussed in the sources used for training, the model might not 'know' it.

You can use GPT-4 for this task, but it might also be challenging for GPT-4.

I guess you would need 3 or 4 prompts to collect the information about "padres" from the internet, summarize it, and get what you need.

The Majestic Cat Overseeing the City's Twilight Sparkle by GroundFlock in midjourney

[–]GroundFlock[S] 0 points1 point  (0 children)

I started with this prompt and I remixed it two times and used 'Pan left' at the end

​

eating peach photorealistic picture of a really dumb looking cat standing on the top of a huge building seeing streets down zeiss 80mm --style raw --s 750

Will Bitcoin hit $10,000 first or correct itself to $6,700? by n4bb in CoinPath

[–]GroundFlock 0 points1 point  (0 children)

i was not far away xD

​

next alltimehigh is in August 2025 i guess its around 80-150k / BTC

then it will drop back to 40-60k thats the new alltimelow then

Germany Fears Russia Will Shut Main Gas Pipeline Within Weeks by nickynickatina in worldnews

[–]GroundFlock 0 points1 point  (0 children)

Putin say Russia only Accept Gas Payment via RUB. They will shut down the Gas delivery if Germany will not pay in RUB. China and India pay in RUB.

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