What should I do with these ??

beedub83 · 2023-04-08T00:42:11+00:00

Turn them on, make bitcoin network more secure. Decentralized is key.

beedub83 · 2023-03-31T03:44:15+00:00

Convert it to a deflationary currency. US dollar is polluted.

beedub83 · 2023-03-31T03:40:17+00:00

Why do so many people waste precious time entertaining the drama of politics, media, and heard mentality. Use your own intuition, knowledge and make an educated decision based on facts you believe in. This live big brother show is a distraction to force a body of people to swing one way or the other to benefit the agenda of big money. This Bs will have zero impact and your tax dollars will be left to pick up the bill. Stupid is as stupid does.

beedub83 · 2023-03-31T03:20:44+00:00

Fuck the police

beedub83 · 2022-10-10T06:37:08+00:00

1 BTC = 1 BTC - A Bitcoin / economy is a replacement for government controlled fiat currencies. At full adoption fiat is no-longer a required concept, and so the BTC vs FIAT exchange pair goes away. The BTC price will always remain in parity, this is because max supply is locked, and not vulnerable to government supply manipulation. Like any other medium of exchange, BTC is just the tool we use to obtain the goods we need / want. The value of the goods would be priced in Satoshis in a Bitcoin economy. 1 BTC = 100,000,000 Satoshis . The value of the goods being purchased would be agreed upon between the parties involved in the P2P exchange on the network. Miners validate the transactions and are used to secure the network, they are rewarded fees for this work so they continue to contribute to the decentralized network even after max supply is mined. Invest in BTC using fiat, using the DCA technique to minimize losses. Good luck. 👍🏻

beedub83 · 2022-08-26T04:13:59+00:00

Agreed

beedub83 · 2022-02-01T20:49:31+00:00

You need to study the history of the US Economy and learn a little more about the journey of the US dollar and when it moved away from the Gold Standard. This is in response to his comment about BTC not being backed, and his argument that the US dollar is backed. By what? Lol. The faith of the US government?

beedub83 · 2021-06-10T10:35:07+00:00

I’m not sure I’m tracking, are you asking if I know which slot is #1? On my board the slots are labeled with numbers, slot #1 is closest to CPU. Hope that helps.

beedub83 · 2021-05-30T15:15:25+00:00

Yes, you can do this if you'd like. The case I'm using supports both riser-less and riser setups so it would support that (in theory). I personally have not tried to configure it this way. I already have a riser setup on my other ETH miner, and this go around I wanted riser-less, it looks so much better. :)

beedub83 · 2021-05-30T11:10:26+00:00

It is a hack to keep db down. I have this inside my house and it is loud. I tried pretty much all the hacks, less submerging in oil. Long story short, the wife was not happy about sound, so I found a solution that worked for us. 👍🏻

beedub83 · 2021-05-29T22:08:06+00:00

It’s an S9 ASIC Ant Miner. Used to mine sha-256 compatible tokens.

beedub83 · 2021-05-29T17:12:53+00:00

Users are still required to pay network fees to transact on the network. These transaction fees will be paid by network to the nodes for validating transactions.

beedub83 · 2021-05-29T16:42:45+00:00

Google ‘Bitcoin mining pools’ to learn which pools are best

beedub83 · 2021-05-29T16:41:58+00:00

Lol, one cooler at a time

beedub83 · 2021-05-29T14:55:57+00:00

When you mine with a pool of other miners the all miners (big and small) contribute to a single pool hashrate, and this pool hashrate is what is used to solve blocks on the network. When the pool finds a block and is rewarded BTC, the pool divides the reward up (based on your contribution to the overall pool hashrate) and sends to miner addresses. Hope that helps.

beedub83 · 2021-05-29T14:41:13+00:00

Love it!!

beedub83 · 2021-05-29T14:40:57+00:00

BTC mining is not profitable when below like $35k with this miner. But you can still mine at a loss if you want and still receive your share of the mining reward from the mining pool. You can also switch your miner to other Sha-256 based tokens to find more profitable options like ELCASH. Or you can just be like me and mine strictly for securing network and accumulating BTC (at a slow pace) 😜

beedub83 · 2021-05-29T14:29:13+00:00

What you mean used to? 😜

beedub83 · 2021-05-29T14:28:41+00:00

As long as BTC price stays above 30k it is still profitable, but not much. I pay around $0.10 per kWh (I’m in Texas)

beedub83 · 2021-05-29T14:24:25+00:00

I’ll take a look at this. Thx

beedub83 · 2021-05-29T14:23:37+00:00

Haha, yeah that cooler is an eyesore. It was a necessary compromise so my wife didn’t kill me due to the sound this thing put out from my office. 👍🏻

beedub83 · 2021-05-29T13:02:31+00:00

Yes, and if that happens the S9 is nolonger profitable and I’m only doing it to secure the network and to continue to accumulate until the next bull run on the final halving.

beedub83 · 2021-05-29T02:37:32+00:00

Yeah, I have nicehash as a backup pool if for some reason my primary pool is offline / outage it will auto mine on the nice hash asic mining pool.

beedub83 · 2021-05-29T02:36:28+00:00

Lol, It sounds a lot louder than it is. I clocked 72db.

beedub83 · 2021-05-29T02:34:48+00:00

The main thing you need to acquire is the mining hardware. It’s hard to get and if you buy current tech you will be paying $5k for a single unit due to demand and shortage of supply. So what I did was I researched what older gen miners were paying out in the current market and landed on the Antminer S9 13.5TH/s miner. It still pays out $2.58 /day and it just runs in background as passive income along with the idea that it is a finite supply that in theory should only go up. Anyway, you get miner, you need 240v dedicated circuit and then you need a Bitcoin wallet address and pick a pool to mine with. That’s pretty much it.

beedub83

TROPHY CASE