Bitcoin

Anything which could be used to argue against religion... simply was not taught..

In France, "Philosophy" is part of the curriculum in the last year of secondary school, before you can get "a high school diploma", the "baccalauréat".

It aims at making young people/young adults being able to see all the aspects of a problem, a topical issue, a metaphysical questio, taking all the intellctual resources to balance the different arguments.

Not only black or white, but different shades of grey. (And no, if it can be about sex, no, that's just a tiny part of the reflexion, you sex-maniacs!) But in the end, after pounding the pros and cons, offering a point of view.

Of course when in your own language you only have 350 words, it's hard to dissert about even the price of meat... (Look here, Brother, you your jiving with your cosmic debris?...)

I am an atheist, a former teenager looking for meta(physical) answers, and used to be part of a Young Catholic Workers association. That was the time when the official Catholic church supported dictators in South America, in Chile, and other places, totalitarian states supported by the CIA (Condor).

When I was 15, was attracted to the protestant faith - not the "Evangelists", thank G... ! - the traditional French protestant tradition, those who gave shelter to the persecuted without asking them, manipulating them into their beliefs.

Bhuddism... Wich is not a religion "per se", but a quest for the truth.

Then : what do I need gurus to make the people around me live a better life ? And so, if I don't know if "a god" "exists" or not, what's the problem ?

How many dismeanour points will I get if I do right while not calling "his/her" name ? Sorry, erratum : if I don't call His name ? For religions, all of them are sexist.

I respect believers (to a certain point), I hate religions (all of them !)

PS : "I respect believers (to a certain point), I hate religions (all of them !)"

The US look to me like a schyzophrenic country : the land of the free (but build a wall), freedom of thought (but religion rules : abortion), etc.

I'm glad I live in country, a continent (except Russia and the places they're invading) where I can walk in the street without asking myself :

Who's got a gun ?
That black man ? I can see a bulge around his pubis.
That girl that has a headscarf ? She's smiling, ready to go to heavens and kill miscreants ?
That boy with cropped hair, tattoes all over his arms, he really looks like a neo-nazi.

Shall I buy a gun ?
I can't, I live in a civilized country, where only bandits and the police can carry a gun.

Will I take a kitchen knife hidden in my jacket for if ever I can be a super-hero I can help a little girl bullied by a latino/black/ukrainian/italian/"chtimi" immigrant (the lovely people close to the Belgian border, but they can be very dangerous too) ?

No, decent people don't carry weapons. I mean, oustide the US and many democratic places like Europe, and I find it very sad for those who are humanitarians and have to live where because of lobbying by lying, immoral politician, the law is made by a right-wing, bigot, institution.

All democratic countries have a kind of "Supreme Court", but the US now, like Poland or China have the "best ones".

No the worst one : religiously biased. They don't care about the "real paople". They're just politically, religiously paralyzed on their hocus-pocus creeds. It's not "le conseil des sages" (the counsel of wise men/people), it's just the result of what a con-man, a liar, a prospective coup-maker put in place before he was washed out.

Just balances, just weights : someone cheated the balances, and I really feel sorry for all the Americans who will have to suffer from this legal coup...
 
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$17.6 and falling...

I wonder how many jobs are in the crypto industry?
My city bent over backwards for this company https://standardpwr.com/home-2-preview/ to move in w/huge promises made. I don't understand it at all. Shipping containers w/no people ever around.
1668627319922.png
Sounds like a lot of peoples money went to the Bahamas with this guy. Looks like someone I'd invest it. LOL
1668627508960.png
At least $1 billion in client funds are missing, sources have told Reuters.
Surprised this thread hasn't resurfaced.
 
Got any more pictures of the land?

Hang on...

I read through the site, and it SOUNDS fairly legitimate... AND a "set and forget"-style operation. External housing site, data processing, with immersion cooling units for EXTREME processing needs. Zero-carbon just marine access necessary.. SOUNDS pretty neat.

But the missing funds, is an OBVIOUS contrast.

(More pics)Screenshot_20221116-143450.png
 
My city bent over backwards for this company https://standardpwr.com/home-2-preview/ to move in w/huge promises made. I don't understand it at all. Shipping containers w/no people ever around.
All they want is cheap power... though with Etherium moving to proof-of-stake verification, and the general industry collapsing, I think crypto mining is dead. Last I checked, the cost to mine a single Bitcoin was $19,300. With Bitcoin trading at around $16,000, these places may be bleeding red ink (depending on local cost of electricity, etc). This specific company is a contract miner - which I didn't even know was a "thing". They may not even be running...

I could find no information on the company... :)
 
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In France, "Philosophy" is part of the curriculum in the last year of secondary school, before you can get "a high school diploma", the "baccalauréat".

It aims at making young people/young adults being able to see all the aspects of a problem, a topical issue, a metaphysical questio, taking all the intellctual resources to balance the different arguments.

Not only black or white, but different shades of grey. (And no, if it can be about sex, no, that's just a tiny part of the reflexion, you sex-maniacs!) But in the end, after pounding the pros and cons, offering a point of view.

Of course when in your own language you only have 350 words, it's hard to dissert about even the price of meat... (Look here, Brother, you your jiving with your cosmic debris?...)

I am an atheist, a former teenager looking for meta(physical) answers, and used to be part of a Young Catholic Workers association. That was the time when the official Catholic church supported dictators in South America, in Chile, and other places, totalitarian states supported by the CIA (Condor).

When I was 15, was attracted to the protestant faith - not the "Evangelists", thank G... ! - the traditional French protestant tradition, those who gave shelter to the persecuted without asking them, manipulating them into their beliefs.

Bhuddism... Wich is not a religion "per se", but a quest for the truth.

Then : what do I need gurus to make the people around me live a better life ? And so, if I don't know if "a god" "exists" or not, what's the problem ?

How many dismeanour points will I get if I do right while not calling "his/her" name ? Sorry, erratum : if I don't call His name ? For religions, all of them are sexist.

I respect believers (to a certain point), I hate religions (all of them !)

PS : "I respect believers (to a certain point), I hate religions (all of them !)"

The US look to me like a schyzophrenic country : the land of the free (but build a wall), freedom of thought (but religion rules : abortion), etc.

I'm glad I live in country, a continent (except Russia and the places they're invading) where I can walk in the street without asking myself :

Who's got a gun ?
That black man ? I can see a bulge around his pubis.
That girl that has a headscarf ? She's smiling, ready to go to heavens and kill miscreants ?
That boy with cropped hair, tattoes all over his arms, he really looks like a neo-nazi.

Shall I buy a gun ?
I can't, I live in a civilized country, where only bandits and the police can carry a gun.

Will I take a kitchen knife hidden in my jacket for if ever I can be a super-hero I can help a little girl bullied by a latino/black/ukrainian/italian/"chtimi" immigrant (the lovely people close to the Belgian border, but they can be very dangerous too) ?

No, decent people don't carry weapons. I mean, oustide the US and many democratic places like Europe, and I find it very sad for those who are humanitarians and have to live where because of lobbying by lying, immoral politician, the law is made by a right-wing, bigot, institution.

All democratic countries have a kind of "Supreme Court", but the US now, like Poland or China have the "best ones".

No the worst one : religiously biased. They don't care about the "real paople". They're just politically, religiously paralyzed on their hocus-pocus creeds. It's not "le conseil des sages" (the counsel of wise men/people), it's just the result of what a con-man, a liar, a prospective coup-maker put in place before he was washed out.

Just balances, just weights : someone cheated the balances, and I really feel sorry for all the Americans who will have to suffer from this legal coup...
Alain, I agree on most points. Freedom has its pros and cons. The relative freedom we have has turned many Americans into spoiled brats. Many think it's a "right" to get whatever you want in life and have someone else pay for it. Our Democratic party has fostered those beliefs for 40-50 years. Some say even longer than that. In their eyes, it's alright to kill a newborn ( yes, infanticide has been floated out there) but not a monster that's killed a dozen people. We've tried to keep religion at bay, but it's a losing battle. When almost half the population believes in the literal Adam and Eve, we have a ways to go.
 
I just got a call from some Indian accented lady from the UK and she said I have 4000 bitcoin saved in my wallet at "bitcoin.com".
I'm a millionaire! I just had to give her my social security number and all my passwords.🥳
Now I can finally visit my friend the Nigerian prince, who owes me another couple million that's being kept safe for me at the Bank of the America in Cyprus.
 
I just got a call from some Indian accented lady from the UK and she said I have 4000 bitcoin saved in my wallet at "bitcoin.com".
I'm a millionaire! I just had to give her my social security number and all my passwords.🥳
Now I can finally visit my friend the Nigerian prince, who owes me another couple million that's being kept safe for me at the Bank of the America in Cyprus.
Two different women, on business in America from Singapore, accidentally wrong-number texted me, developed relationships and where trying to scam me for weeks...

Until I finally told them... About each other... I wished them well on their scam and went about my business...

The digital world is like "The Wild West"
 
Now I can finally visit my friend the Nigerian prince, who owes me another couple million that's being kept safe for me at the Bank of the America in Cyprus.

FUN fACT; the misspellings in the famed "Nigerian Prince" email and many others like it were intentionally put there as a way to sift through the audience and find more-vulnerable individuals. Scam artists wouldn't possibly have time to every single response to every spam email they've ever sent, the way this fraud was crafted was an elegant way of having their best leads selected for them.

Last I checked, the cost to mine a single Bitcoin was $19,300.

well it is about 100,000 to 150,000 kilowatt/hours of of energy to produce the amount of calculations needed to mine one bitcoin based on the current difficulty setting of the network. I pay 13.5 cents per kwh from our energy company but other areas of the world have very different prices based on their energy availability.

Early mining consortiums raced to set up in areas of the US with excess hydroelectric power where consumer electricity costs can be as low as 6.5 cents/kwh I believe that in many cases the large energy using corp is able to make deals with local energy companies and politicians so their rate is less than you would think. I am just a man with a family and so my energy company that charges me 13.5 c per kwh will only pay me 1.5 cents for energy I would sell to them like from solar panels.

You are right in pointing out that now that from an average perspective it costs more to mine 1 BTC than it is worth. but we skipped another important part, automatic network mining difficulty adjustments happen at regular intervals where the network calculates the entire amount of computing power and adjusts the difficulty of the formula each miner is trying to solve first with the goal of setting the difficulty so that the blocks are mined close to planned rate that is currently set. profitability for miners is usually showed as $/per day/per 1 Terrahash which takes the cost of electricity out of the equation because it is something that is relative to each miner.

Of course if something costs more to produce than it is worth then a business cannot proceed to make it. Every miner can turn off their processors if it is unprofitable, when miners turn off their rigs then there is less total hashrate on the network so the bi-monthy difficulty adjustment may make it easier to mine blocks. This happens when the price takes a dip, alternatively when the price goes up the profitability looks high so more miners take part and the difficulty is set higher.

Difficulty36.95 T next retarget @ block 766080 (in 1098 blocks ~ 8 days 15 hours)
Hashrate238.777 Ehash/s +17.77% in 24 hours
Bitcoin Mining Profitability0.0571 USD/Day for 1 THash/s

Sometimes I wish I got degrees in art and horticulture instead of business, but I am able to say with certainty that people are not mining for a loss, now while the price of a btc is 16k theres no one paying 19k to produce one and the equation is more complicated and nuanced
 
Sometimes I wish I got degrees in art and horticulture instead of business, but I am able to say with certainty that people are not mining for a loss, now while the price of a btc is 16k theres no one paying 19k to produce one and the equation is more complicated and nuanced
Well, at the end of the day there sure are a ton of miners going out of business... so I can at least say it is an effective competitive model.
 
Guess I should check my btc trackers
Feels like it is close to the time to step out again.

I'd rather be holding vVidia. I made a fair amount of money with this stock back in the early 2000's... but then sold while the stock traded sideways for about 15 years. If I had held until today, my position would be worth $17.6 million. 😲

nvidia.jpg
 
I've actually come across a several crypto mining rigs on for sale in my area on Facebook marketplace, and generally at what seems to be reasonable prices; a few hundred dollars. None are Bitcoin, but it has gotten me wondering if it may be a worthwhile long term investment; if not necessarily profitable, a reasonable method of mitigating the effects of a major financial downturn.
I have no firsthand experience in investing beyond CDs, so I thought I'd ask for outside opinions before giving myself a headache considering it more seriously.
 
I'd rather be holding vVidia. I made a fair amount of money with this stock back in the early 2000's... but then sold while the stock traded sideways for about 15 years. If I had held until today, my position would be worth $17.6 million.
:) I know. I have a few good stocks that did really well the last years. Buying ASML a decade ago has been my personal best bet.

I was stupid when I had some 50.000 royal bank of scotland stocks as pennystock. Once they rose 2 cents I sold. Stupid.
 
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