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101 sats \ 1 reply \ @aoeu 16 Sep \ parent \ on: @DarthCoin's bio bitcoin
Start9 is alpha testing a version that will allow much better clearnet support. However, at the moment I have albyhub running on my Start9, which allows very easy access to my LND node. See here: #682275
I can also access my LND node via LNC on Zeus. Zeus also works with Albyhub
I have started closing my public channels and taking the route of opening private channels per Darth's recommendations. Since I don't have time to devote to the running of the nodes, I have lost sats due to channel closures (again probably due to my node being on Tor only at the moment). The upcoming clearnet support will definitely improve things from Tor only connectivity.
I still highly recommend start9!
Awesome! Thanks for sharing. There is some true proof of work going on there. Mind sharing how you will stay on the grid? It looks pretty remote. Cellular, satellite?
A long, long time ago, I had a small amount of Eth that was not doubled like the website said it would be. Now I don't participate in the scam of even just holding altcoins. Bitcoin only.
Wow, Robbie K is an idiot.
I tried to comment on the article, but it looks like you need an account.
Robbie K: "In no way is this a ‘good idea’. It’s a ridiculous waste of resources that could otherwise be utilised for the good of those communities. If any wealth is actually created from it then no doubt it will go to one powerful person or group. Whole thing should be smashed to bits."
Robbie K, what is a waste of resources? Do you mean the bitcoin mining being the thing that is wasting resources? If so, you don't understand how bitcoin mining works. It is exactly the thing that incentivizes the creation of power plants like these in areas where it would otherwise be uneconomic to build them. The communities in the story above benefit by finally being able to get cheap electricity and the companies that place the power plants get bitcoin in return. It is a win-win.
The people of that village get electricity for the first time in their lives too. So that is not a waste of resources either.
While you might think that bitcoin is completely speculative or worthless, that doesn't matter. At the present time, each bitcoin is worth roughly $60k USD. A company is willing to spend real resources to construct these power plants so the reward of getting bitcoin must be worth something to them.
You seem to think that the energy these power plants are producing should be put to better use than mining bitcoin.
Robbie K: "It would be extremely naive to believe the Bitcoin operation will be run on otherwise wasted energy."
Maybe you think the power should go 100% to the local community? What you seem like you don't understand is that these power plants only exist because of the mining for bitcoin. When a power plant generates electricity, it has to go somewhere. It must be either be consumed or stored. Companies would have no incentive to build power plants in these remote areas because there would be such little demand for the electricity and no place for the excess energy to go. Bitcoin mining finally makes it economical to build these power plants, basically give the electricity away for free to the community that it is in, and then use the large amount of excess power to mine bitcoin.
I have never used Bitrefill because of the promotion of crypto. I have used Fold and Bitcoin Co. Am I missing out on anything with Bitrefill that I can't get with the other more bitcoin-focused ones?
Your post brings up a few questions for me too. I just closed a couple of channels in RTL and it didn't let me set the fee rate. I can find the transaction on mempool.space. It gives me the option there to use their new accelerator to speed them up. It doesn't look like they have the RBF tag on them, so that's really my only way to ensure they get picked up, right?
I will have to get this hooked up for my own account. At the moment I just use the custodial native SN wallet. Is that going to be going away or requiring KYC anytime soon?
Great photos! And good luck with the orange pilling. I think Bitcoin is something that you really understand when you need to.
I'd also recommend getting a self-custodial lightning wallet. Breez is a good one to get started with. SN wallet is good for small amounts too.
I used Fold's new ACH bill pay thing to pay off one of my credit cards and got some sats back on it.
A couple of the people that I communicate with have switched over to SimpleX. One of my bitcoin groups has also started a group on SimpleX as well.
GrapheneOS put out a great Tweet thread talking about the issues with Telegram: https://x.com/grapheneos/status/1827476729864048877?s=46
I'd have to review what a french amortization schedule is. Currently it is very basic. I'm modeling it currently as a fixed interest only loan payment and then will soon be adding the ability to pay off the loan and continue showing how that effects growth moving forward. Currently you can click on a year on the table and add in new purchases, sales, costs, etc and choose to do that one time or make it a recurring thing.
For the future I'll had a true amortization payment schedule to it.
It is a first draft of it so there will be errors and things that will need to be tweaked.
So happy I found this! I've been thinking about doing something similar. I even made a BTC growth calculator specifically for this purpose.
Let me know if there are any other features that would be helpful to you. There will be more features coming soon and I'll update he website to reflect that..
hat about simplex? Simplex is more private?
Yeah, Simplex is much more private. Different use case than Nostr though. Also just got a grant from Jack Dorsey too. https://simplex.chat/blog/20240814-simplex-chat-vision-funding-v6-private-routing-new-user-experience.html