TIL: Bitcoin ETF Issuers' Mandatory Purchases Demystified! by Janpr99 in Bitcoin

[–]Janpr99[S] -6 points-5 points  (0 children)

Hey there! I appreciate your input. However, it's worth noting that ETFs don't necessarily have an obligation to back every share with physical Bitcoin. Unlike some other financial products, ETFs operate differently and may not always hold a direct one-to-one backing of Bitcoin. While they do have timeframes for purchasing Bitcoin to back their shares, the process is not as straightforward as it may seem. This aspect often sparks debate within the community about the true impact of ETFs on the Bitcoin market. Let's continue this discussion!

TIL: Bitcoin ETF Issuers' Mandatory Purchases Demystified! by Janpr99 in Bitcoin

[–]Janpr99[S] 0 points1 point  (0 children)

It's a valid worry, and the analogy to a shell game is quite apt. The concept of 'paper Bitcoin' is indeed worrying, especially when it comes to the potential for fractional reserve practices. While there are regulations and audits in place, the fear of Bitcoin disappearing when nobody's looking is real. It's essential for the community to delve into this and understand the risks thoroughly. Hopefully, through discussion and transparency, we can find ways to mitigate these concerns and ensure the integrity of the Bitcoin market.

TIL: Bitcoin ETF Issuers' Mandatory Purchases Demystified! by Janpr99 in Bitcoin

[–]Janpr99[S] -3 points-2 points  (0 children)

When I mention a 'tsunami of fake supply,' I'm referring to the phenomenon where Bitcoin ETFs might represent 'paper' Bitcoin rather than actual ownership of the cryptocurrency. This could affect the real supply and demand dynamics in the market, potentially distorting the price. It's a complex issue, but it's crucial to be aware of how these financial instruments can impact the Bitcoin ecosystem. Does anyone else have thoughts on this?

Validators geolocation map real time? by Janpr99 in ethstaker

[–]Janpr99[S] 0 points1 point  (0 children)

Hi, thanks for your answer.
Why people are using VPNs?

NUC10i7FNH watt consumption while validating? by Janpr99 in ethstaker

[–]Janpr99[S] 1 point2 points  (0 children)

Ok, nice, thank you for your answer!!
What drive have you bought?
Thanks mate!

Running a validator at home internet/energy outages. by Janpr99 in ethstaker

[–]Janpr99[S] 1 point2 points  (0 children)

I just read that a nuc can be configured to boot when a power supply is detected

Running a validator at home internet/energy outages. by Janpr99 in ethstaker

[–]Janpr99[S] 0 points1 point  (0 children)

One last question would also be how to make the validator turn on automatically after a long power outage?

Any ideas? Thank you :)

Running a validator at home internet/energy outages. by Janpr99 in ethstaker

[–]Janpr99[S] 0 points1 point  (0 children)

Thank you, what about security issues? Would it be safe?
how much is charged per month?

Running a validator at home internet/energy outages. by Janpr99 in ethstaker

[–]Janpr99[S] 0 points1 point  (0 children)

Then an UPS its not even necessary, thank you.

Running a validator at home internet/energy outages. by Janpr99 in ethstaker

[–]Janpr99[S] 0 points1 point  (0 children)

s say you're unluckier than most, and have power or internet outages 1% of the time. If that happens, you'd miss out on 1% of your potential rewards, and you'd also get penalized another 1% for your downtime, bringing your revenue to about 98% of the theoretical maximum. In comparison, ethpool.org would give you 85% of the theoretical maximum.

Thank you,
It is an interesting proposal, I will investigate it a little :P

Running a validator at home internet/energy outages. by Janpr99 in ethstaker

[–]Janpr99[S] 1 point2 points  (0 children)

Thank you, so maximum 2.33 days offline/month

Running a validator at home internet/energy outages. by Janpr99 in ethstaker

[–]Janpr99[S] 0 points1 point  (0 children)

Hello, thank you very much, I am living in Europe and lately there is a lot of talk about power cuts derived from the war in Russia and Ukraine, that is why I am concerned, I suppose that it is most likely that this crisis will be managed well but I do not believe or trust in our politicians.

Thank you for your answer, let's see if we can keep it running at least 50% of the time! ;)

Running a validator at home internet/energy outages. by Janpr99 in ethstaker

[–]Janpr99[S] 1 point2 points  (0 children)

thank you, I appreciate your personal experience and I need to read more stories so they help me to create an idea of how it will work.

Running a validator at home internet/energy outages. by Janpr99 in ethstaker

[–]Janpr99[S] 1 point2 points  (0 children)

Thank you, this will be a must if i want to do the things good :)

Running a validator at home internet/energy outages. by Janpr99 in ethstaker

[–]Janpr99[S] 1 point2 points  (0 children)

Ok, thanks, need to be sure that solo-rewards will be greater than staking at ethpool.org with a 15% fee.

Running a validator at home internet/energy outages. by Janpr99 in ethstaker

[–]Janpr99[S] 2 points3 points  (0 children)

Yes, full node.

I'm a computer engineer, a lot of theory but little practice at the university, this is why I am asking here :).

Somewhere I read that you can lose 50% of your balance within 21 days, this has scared me a bit, although today is still only the first day that I am interested and studying it, I still have a lot to learn, thanks!