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This is a thread for random discussions that gets posted everyday at 5am central.
Tell us what you're doing today, ask questions, or vent about your life. Whatever you want, let it rip!
Suborbital flights are probably the next big thing happening in this decade in travel.
You could go from Sydney to London in about 2 hours.
Takeoff and landing are a bit tough, but the time saving is incredible. A normal flight between those cities today take more than 24 hours.
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Amazing! Why are take off and landing tough?
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The acceleration required is a lot, so you will feel bad.
You know how in a lift when it starts moving up, or in a plane when it takes off you feel like "stuck to the ground"?, , well, this is way worse.
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Ahh do you know the acceleration force?
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It found that G-forces could reach four times the usual force of the Earth’s gravity for 20 to 30 seconds during ascent and peak at six times, or 6G, during descent for 10 to 15 seconds.
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What like 3-4 Gs?
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It found that G-forces could reach four times the usual force of the Earth’s gravity for 20 to 30 seconds during ascent and peak at six times, or 6G, during descent for 10 to 15 seconds.
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Just set up multi sig with my 2 keys using unchained! Next up, conversion of portion (33%) of my 401k to a Bitcoin self custody IRA. Let’s go!!!
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Congrats!
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Do you think the US will default on June 1st 2023?
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No I bet anyone here 50k sats the USA will not default
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Same. They do this every year don't they? We aren't in the end game yet. Bitcoin price would be mooning.
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Hope so
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Why? See people get crushed?
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The band aid must be ripped off. The People will do much better after a very short crisis period without the shackles of the state.
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Working on grabbing the non-KYC coins needed for my new node, but robosats, as amazing as it is, can be a little tricky at times
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Destruction, Consumption & Production
-Paths to feeling good, by SN user "Victory"
Destroying something is the easiest, but also makes u very little happy, but it can help Consuming something usually has a higher cost than destroying something, but also gains u slightly more happyness Producing something probably has the highest cost, but also the highest reward.
I dont know why im writing this
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Habitat for Humanity, then celebrating my wedding anniversary
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Awesome and Awesome.
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Just thinking about the future of Bitcoin miners REWARD only coming from transaction fees when the 21 million cap BTC is all used up as a result of halving. Will the first REWARD from transaction fees be up to the half of the last REWARD from the 21 million cap BTC?
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Better to focus on adoption rather than postulating what will happen 20 years from now, let alone 120 years from now. Shitcoiners love to use this as FUD but the reality is no one knows what will transpire.
I think we are underestimating what the potential use case for mining will be in grid balancing, carbon offsetting and what kind of revenue miners can generate from this as more things become electrified. Also mining being integrated into industrial machines and household appliances at no additional energy expenditure. It will be costly to retrofit existing machinery to do this but in the future new stuff can just have it built in from the start at nominal additional cost. Look at heatbit for an example of this (yes still way too expensive but over time that will come down and a mining appliance won't cost more than a non mining one so why not get the one that throws off a couple bucks in sats a day).
I also like the idea of insurance hashing. If Bitcoin is widely adopted and hundreds of millions or billions have a good portion of their wealth in bitcoin they are going to want to ensure it is protected so just like you would buy insurance to protect your house. Maybe hundreds of millions of people worldwide pay miners to hash to protect the network. This is better than tail emissions but definitely has some centralization concerns but maybe not if coupled with mass decentralized mining ala machine and appliance integration it works.
Or maybe 100M people have micro mining machines integrated into their solar, battery storage setup for their home.
I know some of these ideas seem far fetched but we are talking decades and a century into the future, it is hard to imagine what things will look like but I trust human ingenuity. If Bitcoin is successful, I trust humanity will find a way to make it work, enjoy the fruits of its success for maybe a century or two and then find a way to completely fuck it up.
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It's a continuous change.
Block reward gets lower over time through halvenings, and transaction fees grow over time.
Recently, on block 788695 the transaction fees(6.701 BTC) were higher than the current block reward(6.25 BTC).
This has happened before though, for example in 2011 at block 157077 the transaction fees were 85.974 BTC, which was more than the 50 BTC reward at the time.
We'll see this happening more often in the future.
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Why people are more concerned about what will happen in 140 years from now, but they are not so concerned what they are doing today (stack sats and learn more about how to efficiently use BTC as money)?
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Learning how the LNurl-auth works with PlebDev - https://www.twitch.tv/plebdevs/video/1812950245 Good work Austin.
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Business idea: start streaming TV service where you can "pay per drink" any channel of any TV, station/country/cable pay with sats... :-) Now, how about them Cowboys...!? :-)
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I was away from home for four months, counting on tor and Zeus to keep my node going. It's good to be back!
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Did everything work as expected? :)
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I only ran into one issue. One day the node was down. Being a tech expert, I walked my wife through a sophisticated solution. She unplugged it, waited a minute, then plugged it back in. Voila! I am brilliant.
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Nice that everything worked after a restart! I am always afraid that I missed to configure some service to start after boot since it's annoying to test stuff like this.
What hardware is your node running on btw?
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The basic Pi4 setup. I'm planning on upgrading this summer. How about you? I'm looking for suggestions.
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I started with a RPi3 but it was unstable (too many freezes). Then I ran a node on an old Thinkpad T420 but it also froze every 6-8 weeks. Then I switched to a Mini-PC (HP EliteDesk 800G1 USDT) and also configured Wireguard such that I can use a static public IP from my VPS for stable inbound connections. That was running smoothly for 3 months until my SSD broke, lol
Now I am waiting for the delivery of a new SSD since it died while it still had warranty. Thanks to @021da48107 for reminding me about the warranty here, haha
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I have had my basic RPi4 with a 1TB SSD setup going since 11/21 without any issues. I am also running Wireguard. I really want something more robust, but I'm a strong believer in "if it ain't broke, don't fix it." I'm also thinking about heading the mini pc route, but I have a lot of older laptops laying around which I might play with also.
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I have 4 1L mini PCs that I run at home and I've actually been thinking of "upgrading" to laptops. Here are my thoughts on it:
Pros of laptops:
  • Built in battery that can act as a UPS.
  • Built in KVM you can use to troubleshoot the system.
  • A lot of the used Laptops can actually be powered via USB-C PD, which means you don't need a special AC adapter, and you can run it via DC.
  • If you run the laptop via DC, you could technically power it off a LiFePO4 battery, with a solar panel hooked up that could power the whole thing if the power went down.
Cons of laptops:
  • The laptops only come in the lower powered CPU (I think they have a 'T' on the end of the model #)
  • Laptops take up a bit more space than the 1L mini PCs.
  • Some laptops don't cool properly if the lid is closed, although you could just make sure to get ones that don't have this design flaw, or take the screen off.
In general I've thought about moving to the laptops because I'd like to experiment with running a BTC node off of a LiFePO4 battery + solar, mainly to see if I could do it.
Definitely try your older laptops first. I just went with the mini PC because of the issues with my T420. Temperature was also quite high with 65°C on average. But YMMV
I now use the T420 as a DVD player :)
Day 31 of snailposting everyday 'til BTC hits $100k.
__@_'-'
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