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10 sats \ 0 replies \ @fedelang 8 Mar 2024 \ on: BRICS Prepares to Launch Currency in 2024 news
Lol.. usd is failing us so instead we will reinvent a faster sinking fiat ship.
Bound to fail. They distrust each other more than they hate the dollar.
The one and only alternative is to float their own currencies and settle with gold and Bitcoin. I am only saying gold because they have been stacking it like crazy.
No. LN payouts is not the solution, its even a greater problem to handle tons of spamming lottery miners. Who will pay for this? PPL do not understand the amount of infrastructure on the pool cluster side that can eat up hundreds of thousands of concurrent connection requests to validate shares.
Braiins business model is selling BOS they do not care about the pool. There is three things that killed the pool:
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Their marketing staff should have been fired long ago. In such an adversarial environment with template centralization and scam shitcoin pools, marketing had a very cavalier attitude. I kept asking myself it there was any blood running through their veins at all.
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They should have been way more vocal on block withholding attacks. A pool with such a history, reported hashrate was always lagging behind global pool average with pool hashrate going in and out a couple eHs.
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They finally surrendered to FPPS which is the standard for shitcoin pools. Also a terrible mistake, now there is a higher financial liability in the event of continued attacks, they will end up broke.
Let me remind everyone: fees go to those responsible for creating the template in the first place aka pools. So.. if these tx were not sent to the mempool in the first place (guessing) one can say that its like moving your money from your right pocket to the left one.
Its time for a response, we shouldn't be putting up with all this BS. Weak minded "censor cry babies" self perceived bitcoiners have been advocating ordinal and inscription nonsense falling for the narratives scammers and griffters fed them.
Adversaries peeing and shitting on top of bitcoin blockchain should be met with full force. Its time for some changes and to stop being woke about it.
USAF is comming.
Bitcoin maxis are learning the hard way that mining is a fiat centrix venture, it's really hard to mine as a bitcoiner. Hashers, despite what many say, they don't give a fuck about Bitcoin. The reason Luke is pissing so so so many shitcoiners that started farting and dumping piss and feces onchain is all I need right now. I want them gone. No more brc or dick butt bullshit pics. Andb don't fucking say censoring, those scumbags are throwing at us all what they did in the past from icos to nfts onchain all together. Since Bitcoin is no shitcoin in order for them to sell in the bull they first need inventory, they can't click on to existence shit like what they did in the past. They have to pay, that's POW.
I can only hope we can create awareness through the coming bull to help ppl avoid all the scam that is coming in their direction. Most influencers won't talk about this since their pockets post bear market are starving AF.
Look what half exahash in a couple weeks can do.. this is so so so bullish. Fuck them.
Long story short: won't happen. Here is why @k00b
Presidents are no kings specially when they want to destroy cantillionaires favorite toy.
Argentina's economy is constantly at turmoil over local elites wars on how to distribute revenue and who pays for it. There are three battling forces but basically there is always a clear victorious one, over and over.
The primary sector: (kings between 1850s through 1950s) main goal primarized economy non value added meat, cereal,.. and mineral exports. With land being a resource in the hands of the few (our version of the oligarchies). Instead of settlers like in the states, Argentina access to land was divided through a lot of corruption between lazy Spaniards and their decedents that took pride for not working at all.
The industrial sector: dominated by cronies mostly with no real long term plan. Their time for being kings is shortly outlived since they demand lots of USD while not producing much through exports (their only skill is to hunt in the zoo). Complete utter failure for the most part with very few exceptions.
What we call here "la city": speculators and owners of most media outlets, bankers, globalists, that use both the state and the financial industry to get outrageously fucking rich while creating numerous and different financial instruments, distortions and the associated intermediary bridges to load their pockets and those of their foreign overlords. This masterminds are responsible for massive amounts of foreign debt that then is shifted to the working class debt (aka taxpayers).
Those fat cats siting in Buenos Aires are not going to allow Miller do shit about the Central Bank. Not going to happen.
This.
They are not saying they won't disclose de code, they are not saying it will remain undisclosed. We will need to wait and see.
As of right now it's not decentralized. Future promise it's it will be (?). I recommend you talk to Luke and WK directly in their IRC channel @ irc.freenode.net #OCEAN
Given the current mining scene dominated by shitcoiners and grifters, this could be the best we have. I mined with braiins until they decided to toss us out to the lions.
You can run ASICS at home. 3kW per ASIC is a lot of power and can cook electrical cables. Dedicated circuit directly from main power panel with dedicated circuit breaker is the way to go. If you know how to torque and how to calculate the right cabling you should be fine.
If you plan to just plug the ASIC PSU in a home outlet. Then home mining is not for you.
Large miners probably receiving a cut from pool managers selling blockspace for dick picks out of band. My guess is that behind the scenes this is something that is already happening. I wouldn't dare to think large mining ops are stupid enough to let pools eat all the cake. Mid, small and micro miners are getting fucked over.
OMG.. He wasn't hacked..
If you don't know your way around electricity don't mine at home, you will end up torching it.