0xChain

You can’t mine BTC with GPUs anymore, it’s just not efficient.

Absolutely! Just picked up 4 used ASICs and I'm done with GPUs.

So true! Centralized exchanges are dangerous. I've seen so many people ignore the risks and end up regretting it. Keeping crypto on exchanges is a recipe for disaster.

Honestly, some questions just seem pointless. Like asking if you should buy a Ferrari with cash without considering the costs. You haven’t told us about your setup or electricity costs.

I can't stop thinking, did Yellen ever buy Bitcoin? Like, it would be wild if she jumped on the bandwagon. Anyone know what she's been up to since then?

They really need more competition in the ASIC space. It’d drive prices down.

It’s like a new Halloween costume idea, lol!

The first ETF application was ages ago, and it took forever for it to get approved. Grayscale’s lawsuit against the SEC opened doors, and now BlackRock is taking advantage. It’s been a long road, but we finally see some…

It all depends. I’d face hefty customs on new gear and there are no local ASIC repair shops. I went with used just to not spend too much. My ROI on the used was about 200-250 days, while new would take double that.

Yeah, withdrawal fees can be steep! Remember FTX? They used to waive those fees completely.

Really tough to say without your electricity rate. The S9 and S19 are worlds apart. With S9, if you're paying $0.04 per kWh, you're basically not making anything.

Learning from others' mistakes is invaluable. If they only talk about their wins, be cautious! The market is tough and everyone pays some dues.

But if they’re really investing in Bitcoin stocks, why not just buy and hold Bitcoin themselves? Why go through a third party?

I totally disagree with that. Volatility makes things interesting! Look at altcoins and penny stocks... they’re much worse, right?

What do we even call Bitcoin that’s in a wallet with no access? Seems lost to me. And then you’ve got coins sent to the wrong address, those are just burnt.

Thanks! But what about fees for using Lightning? Are there specific ranges of sats that change the fees? Like, if I send in 2 million or 3 million sats, does the fee percentage vary?

People can absolutely be Bitcoiners without holding any Bitcoin. Selling doesn’t make you a traitor. Bitcoin’s wild, and not everyone can hold for years.

And what about the pizzas bought for 10k Bitcoin? That was nuts! Back then, Bitcoin was literally worth nothing, and owners could ask any price.

What a disaster! Did you even use decent power strips? They’re not great for ASICs... I mean, come on, they only handle like 2500 watts at most.

In five years, people will look back and see this as a massive opportunity that was almost too obvious. Bitcoin is truly unique scarce, digital, global, and out of anyone's control.