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11-25-2021, 08:40 AM | #24 |
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He's still active on the Forms according to his Profile account recent posts. But that's probably between champagne foot paths, and lap dances among other things.
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11-26-2021, 07:28 AM | #25 |
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A couple of charts below - for the chart driven data lovers amongst us. I'll just leave these here for anyone unfamiliar with the subject, and who might be interested to learn more.
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12-01-2021, 04:23 PM | #27 |
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I guess you'd have to ask the O.P. I've messaged him (PM) since he's still on the forums and posting - just not in this thread anymore. Maybe he keeps higher profile company these days after mining BTC since 2013!
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11-30-2023, 01:28 PM | #28 | |
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There are several reasons why the difficulty of mining Bitcoin has increased. First, the number of people mining Bitcoin has increased dramatically in recent years. This means that competition for rewards increases, making it more difficult to mine a block. Second, Bitcoin's algorithm is designed to automatically adjust mining difficulty as the network's overall hash rate increases. This is done to ensure that the average time required to mine a block remains around 10 minutes. As a result of these factors, the profitability of Bitcoin mining has decreased significantly. In fact, some estimates suggest that it is now only profitable to mine Bitcoin if you have access to very cheap electricity. |
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11-30-2023, 04:40 PM | #29 | |
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Quote:
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11-30-2023, 05:17 PM | #30 | |
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Not a Doctor, those are just my initials.
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11-30-2023, 05:23 PM | #31 |
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Been holding directly off the exchange(s). No spot price BTC ETFs exist yet. Grayscale Bitcoin Trust exists but investors in GBTC only hold shares while Grayscale holds the actual BTC. Not a fan but might buy in before EOY before the next cycle BTC liftoff.
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12-01-2023, 11:32 AM | #32 |
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Holy thread resurrection Batman. OP, i'd like an invite to the yacht party
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12-09-2023, 08:53 PM | #33 |
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Just a quick follow up to the above. Think about what's shown in the list below. BTC's market cap is in the top 10 but has a long way to grow to equal the market cap of GLD. Once the BlackRock et al spot ETFs are approved in 1Q 2024, institutional flows will follow. Quite possibly money will flow from metals and equities into BTC/ETH.
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