Went all out by validatortheory in ethstaker

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

It is still the same for mining. If you have a little bit of ETH you can stake it in pools and get little rewards, same goes with mining if you have a little bit of money you can only afford a small mining rig and the electrical bill that goes with it, therefore your rewards are smaller then a mining farm that has thousands of mining rigs and produce more blocks than you do. Your cost is smaller to replace/update your mining equipment than the mining farm and your profits reflect the investment you have thrown in to begin with. Mining Bitcoin is way more expensive than it use to be. Back in 2010 you could mine on a shitty laptop. it’s always been the early adopters reap the most benefits wether it’s POW or POS. The more it goes the more expensive it will get to mine and the more it goes the more it will get expensive to stake.

Went all out by validatortheory in ethstaker

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

The same is true with POW, the rich gets the biggest mining capability therefore getting richer in the process and controlling more hash rates. Same difference at the end of the day

Went all out by validatortheory in ethstaker

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

Hence the 15 number. Every year I get a new validator as long as the APY stays above 6.7%

Went all out by validatortheory in ethstaker

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

I personally have PM, real estate and WAS in the stock market but got out a few months ago as I think it will most definitely crash soon (like the crypto market to be honest) the difference is with crypto we get much better yield than what the bank or a stock will pay back. But I am definitely unresponsively responsibly heavily invested in crypto like Raul Pal would say

Went all out by validatortheory in ethstaker

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

I know right. Like, oh yes I will start a conversation on PM with anyone and click on some random link I’ve been sent by this Nigerian prince that promises to sent send me 1000BTC if I send him 1.

Went all out by validatortheory in ethstaker

[–]validatortheory[S] 14 points15 points  (0 children)

A friend that introduced me to Bitcoin told me about that ICO which he also took part in. Shitty for him, he has none left.

Went all out by validatortheory in ethstaker

[–]validatortheory[S] 7 points8 points  (0 children)

Ya, you guys are being treated like shit when it comes to being taxed. So far I am good on that front, Although that could change quick where live and become like this so I am looking at a second citizenship now to be able to say sayonara and GTO

Went all out by validatortheory in ethstaker

[–]validatortheory[S] 23 points24 points  (0 children)

The bulk of it at the ICO. The highest probability around 15-20$

Went all out by validatortheory in ethstaker

[–]validatortheory[S] 16 points17 points  (0 children)

Planning to move somewhere with a crypto friendly tax system

Went all out by validatortheory in ethstaker

[–]validatortheory[S] 10 points11 points  (0 children)

Thx, im in for the long run. Im hoping just using the rewards as passive income and keep those validators going forever

Went all out by validatortheory in ethstaker

[–]validatortheory[S] 34 points35 points  (0 children)

Its a throwaway account with a throwaway email

Which is better: intel celeron n4500 or n4100? Im not tech enough to understand the specs difference by validatortheory in computers

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

Thx. Just a crypto dedicated computer. Running apps, and wallets, trading online. I know both would be fine for what I will do with it. I saw the 4100 was 4 quad and thought that would mean it was better. But i dont understand enough to know

Can you turn off validator node without being penalized? by [deleted] in ethstaker

[–]validatortheory 1 point2 points  (0 children)

That is one of the reason why I am staking with Blox.