Hey man I'm a mechanic and machinist I work for a college I'm really interested in Bitcoin mining can I message you

What's your electric rate per kw,

Do ya think it will work in the end

Jesus $500.... To buy a lottery ticket

How ??

Don’t forget hopes and dreams!

@@trentswag9324 hopes and dreams don’t make you rich….hard work does!

@@rubengonzalez1711 Respectfully, read it again. You’re not only mistaken but missing the entire point that highlights how flawed that logic truly is. Thanks

That's partly bc when people did strike gold, they spent it all quick like. Partly on their debts like for pans and shovels and booze and shit

@@rubengonzalez1711 No, it doesn't. Although selling them sure does!

loll

LMAO!! Yes, I see nothing wrong here.🤣👍

Exactly...i was coming to say something similar. One solo miner got very very lucky and hit a block but there are tens of thousands of people that never have and never will hit a block. Nobody is posting all the losers. 10 TH/s odds are 1 in 192,614.6 per day. 500 GH/s odds are 1 in 3,912,291 per day. To put that into perspective 192,614 days is 527 years and 3,912,291 is 10,718 years. This roughly how long it should take to hit a block at each hashrate, obviously it could be significantly shorter then that or it could be 10X longer.

Pretty damn precise point of view.

@@williamsullivan1160 1/192k odds beat the fuck outta the lottery every time, never tell me the odds😂

🤘🤣

My wife still thinks a canuter valve is real. And costs a lot.

It is what I sounds like when I tell people about cats...

😂😂😂😂

When in a gold rush sell shovels

True

Depends

It's a Scheme

You know who got really rich during the gold rush, the dude selling pickaxes and shovels

and all the profit goes to some lazy rich instead of the working class

and creating waste and pollution too.

​@@stickyfox just like gaming, browsing the internet, shopping online...

@@josephsagotti8786 None of those things generate *nearly* the pollution of crypto mining. We're talking *hundreds of billions* of kWh per year. Crypto wastes electricity by design ("proof of work," it's called.) The rest of the hardware running the internet is designed to be energy-efficient.

​@@stickyfox not every sector can be carbon neutral like banking and finance 🙄

Nope :D

You should consider union membership, or move somewhere where thats an option.

@@noahchopson7136 the unions in my area pay less. I already have a union pension, i was in the uaw and cwa. Here, im talking about providing labor and recieving compensation, not asking for a raise. Its a human thing, weve done that for millenia. When " bit coin mining fails" sooner or later you gotta serve someone

@@noahchopson7136 why? He already earns 6k/month

Can you help me get a job

Cool story bro. No one cares.

Lol ya nobody made any money mining tons of gold

yeah crypto is the most profitable asset class of all time since inception over 10 years ago. There's money to be made on both ends. Smart investors are cleaning up in crypto, dumb ones, not so much. This is just a dumb phrase that people like to repeat.

I'm in.

It ain't cheap or easy to build blocks with low latency

Yeah the thing is that by offering PPS you have to take charge of the losses = paying the miners even tho no blocks are found... finding a block could be profitable but you neeed a good quantity of miners so it becames really profitable, if not, you are in the red as a mining pool owner :/

HaHaHa- You put it better than I ~

in Germany you'd make just losses.... More expensive than turning on the heater for a day.

UK dam expensive to live in. and its cold and wet as sh*t. but daaaamn is it Beautiful 😍

All them EVs and wokeism not working out too well for ya, huh?

It would still leave you in debt in SNP scotland!

@@KRAFTWERK2K6 That’s why the price is so high. The cryptos at the top don’t want you cashing in on free money.

Because it was some kid who probably didn't really know what he was doing and literally just won the lottery probably on a single one of these USB devices lol. I hope he even knows how to access his wallet or knows if he even got paid at all.

@@GiuseppeGaetanoSabatelli he told you in the clip what the winner used to mine

Tell me how you are building blocks and communicating with the network.

It was an S9 miner not a USB stick​@@GiuseppeGaetanoSabatelli

kind of a good problem to have.

Not hard. Assume 65 Watts 24/7 with 8 hours of sun a day (ok that’s Phoenix weather so 6 for everyone else). 200 watts of solar means you’ll get 120 to 150 watts so during the day that’s 55-95 watts into your battery. The other 16 hours at 65W is 1040W and a LiFeP04 12V 100Ah battery is 1280wh so you’ll be cutting it close but one will do or just buy 120Ah or 150Ah. Or use lithium ion 18650’s 3S 40-50P with ~2600mah modem cells from Battery Hookup (they have auctions too) Panels:$200 new/$100 used Charge controller: $30 PWM/$100 MPPT (more efficient) PV Wire:$40 12.8V/12.6V 100Ah battery DIY: $200 with Lithium Ion using 130 18650’s DIY: $250 with LiFeP04 cells (32700 or prismatic) Commercial: $300 el cheapo, $400 high quality 12V to 5V converter or a way to power this: as cheap as $12 if you use some 4 channel USB boards off Aliexpress. Don’t get an AC inverter it will be inefficient. Cheap route $382

You can get a 200w kit for like $50 not sure why you're buying $200 panels .

That plugs into a computer so you have to account for that also

Seen it! dudes set was pretty smooth all till he got jammed up I wonder how much he made before he got pinched

Wrong channel, red panda mining and Voskcoin are for enthusiasts

A buncha degins are sucking power to try to solve a math equation first. If you solve it correctly first you win.

they’re using a shitty space heater to try and make internet coins

That's what I got also. Lmao

I like potatoes

Not sad at all, unless you truly want to learn.

yeah the good old days are gone but it sure was fun

0 in solomining pool

It’s based on probability. He just happened to find a block on God!

As a notice, woolypooly dropped veil as a coin, but they are getting onto fastpool progpow soon. Probably in the next week or so. They already have a randomx mining pool on fastpool

No lie, I 10X'd my witjadigya using a cadmium glass hammer set up. I have more coins than my girlfriend Princess Peach knows what to do with.

Too much comfortability and the like for there to be a war of all wars. I feel that the biggest "1st world" nations would be too worried to war with each other because of their respective loss of power, money, and positions.

If that happens your money has no value too, don't be an idiot

@@jtowensbyiii6018 I don't have money like all the people with "real power" do, to sway policies, laws, and the like...and you likely dont either; sounds like you might be a bit of a schlepper.

the latter. Very lucky.

he didn't disregard the fact. He totally mentioned the fee. And paying a fee off a huge profit is a good problem to have, Einstein. That's like the rich complaining about tax. But yes solo mining BTC today is not worth the cost, as you are extremely unlikely to profit.

The problem is that doesn’t happen often that’s like hitting the lottery. You might even have a better chance playing the lottery. 😂

@@princequestly2218 your still gonna pull something back tho right. I wish I would have gotten into it about 5 years ago when I first heard about mining. I thought the ship had sailed then but if I had invested $2k then, im sure I'd have recouped most of that back by now. I still think it would be worth investing in something like this over just buying btc. Im not a fan of digital currencies but it seems like that is where we're headed whether I like it or not. Im a fan of tangible assets that I can hold and look pretty. Im hoping that the valuable metals take off soon. I seen Russia made its first transaction with a digital gold token. The u.s. has taken over several countries for just mentioning getting away from the petro buck

​@@Suicid3King717 the way I see it, people weren't too fond of the dollar bill and such because it wasn't the precious metals currency of before. So I have been of the idea that you're on the right track. Gold backs the "dollar" and the "dollar" will eventually back the crypto.

he wasnt he set this up he make more on you guys minning at the 2 percent then he makes minning the coin. biggest con in history

I'd like to do the same in my country, you got any recommendations as what to start with my family and I thank you in advance!!!

You're better off playing the lottery mate trust me

this man will be long dead before he mines a block with that setup

@@maxbobbigames yes. I found them and researched it a bit. Not worth the effort.

It is really inefficient. There has gotta be better way. I think for a given coin, each transaction takes longer to process with each additional transaction because the blockchain gets longer

Because they are lazy or not smart enough to setup a node

Falls for what, mining a block?

Nope, it costs equipment, Energy AND Time.

in btc sure. Plenty of small, promising projects to mine for smaller operations. Like Kaspa.

Like they care

You think the power companies made bitcoin mining? You sure about that?

@@trevorosborn9572 it was tonight in cheek, my guy

Freedom is priceless. With freedom comes piece of mind. Great choice.

This is how this works, you mine until a block eruption occurs and when the block are emitted they are divided. That's why you use pools because it happens it very long intervals between block eruptions that's why pools tag team so they occure more frequent and you get a more constant payout

No thanks....

No thanks

Its not hard you are solving transactions so that the bitcoin that was spent cant be copied counterfeited and used again

In simple terms

Look up Powerball it’s about the same

You pay taxes right? Wonder what atrocities your government committed with your money.

Hes not making any money and he spent a ton of it on Chinese junk that was prebuilt. He just bought a bunch of them and a usb hub