0xSigma

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Jan 23, 2017
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  • Totally agree, it’s definitely doable, but gotta put in the work. Experience, good strategies, and a decent amount of capital are essential. Just be ready to deal with through the highs and lows.

  • Great post, wishing you lots of luck! Check out my lottery rig I recently revived sitting on top of my lightning node. Had some issues last month with a stuck transaction, but now I feel more secure being plugged into…

  • I lean toward Bitcoin for my investments based on ROI data. Bitcoin consistently outperforms gold returns, so why settle for less?

  • Yeah, I heard they can still access some internet through Starlink, even if it's spotty. If they can use a Bitcoin wallet, they could still broadcast transactions, just not as effectively as before.

  • You really need to look into this more. The dominance of the dollar has been on the decline for years. Just look at the dollar’s purchasing power drop it’s not as appealing as a reserve anymore.

  • Planning to run it fully on solar during the day and then shut down at night? Are you going off-grid or on-grid? Hybrid setups are cool too, where solar is the main source, but curious about your approach.

  • If mining was really that unprofitable, most would stop, right? Profit is what keeps them going, plus it helps secure the network.

  • Yeah, one big thing to check is the electricity costs. Before setting up a mining farm, you gotta consider those expenses along with overall economic stability and taxes. Otherwise, it’s bankruptcy city.

  • But what about reliable data centers? AWS and Google only have limited coverage in Africa.

  • Miners are just like regular investors; they have varying financial strength. When prices drop, weak miners may bail, just like weak investors. It’s a cycle.

  • Yeah, right? Your old wallet might not be safe anymore. You could've accidentally allowed some sketchy DeFi access without even realizing it.

  • CBDCs have their pros and cons. On one side, governments can track citizen spending better, but citizens can also keep an eye on government finances. I wonder if Brazil is worried about that transparency, which could be…

  • Are you talking about moving funds from a self-custodial wallet to a custodial service? That’s risky. I thought connecting like that was a no-go.

  • There’s some confusion about how RBF and CPFP really work. Let's use your scenario: the sender’s first transaction is Txn A1. Txn A2 would be his replacement that wants to get confirmed instead. Only one can get through…

  • It’s all about demand. use trading is still popular among traders. Exchanges won’t ditch something that makes them money, right? People are clearly using it, even with the risks!

  • You know what? The issue with the whole topic is that traders and investors are in different boats. Traders like to actively manage their capital, while investors prefer a more passive approach. Most traders end up…

  • OP should definitely check the exchange's terms and conditions. I doubt they’re collecting taxes unless told to by the government.

  • True, Bitcoin’s market is smaller and can still be manipulated more easily than traditional stocks. If your friend played it smart with spot trading, that’s one thing. But if he’s using margin or futures, I’d be…

  • It's not new. Stablecoins can totally be frozen in your wallets. A lot of people just don’t get how risky that is, even in non-custodial wallets. PSA: Watch out!

  • Yeah, it’s not exactly thrilling... more of an educational thing? I’d rather mine some altcoin where results are real. Solo mining on an Antminer these days is a total gamble.