i agree with the idea that keeping money in a bank account isn't the best way to grow wealth especially with low interest rates.

bitcoin still stands out as a solid long tem investment

i'm not too worried about bitcoin dying because of an exploit or even a quantum computer. It sounds scary at first but bitcoin has already survived some pretty big issues.

if a quantum computer ever becomes a real threat i believe the same thing will happen. People will find a fix and we'll adapt. It happened before and im confident it'll happen again

the idea of passive income with crypto sounds great but there's a lot of risk that comes with it.

Staking is one of the most popular ways to earn passive income but it's not without its downsides. The returns can fluctuate and depending on the coin you might be locked in for a certain period of time. If the market takes a downturn, you're stuck with those coins and that can really hurt.

There have been cases where platforms froze withdrawals or had issues with liquidity. Its hard to trust platforms that aren't fully transparent or that haven't been around long enough to prove their reliability.

it honestly feels like a smart move given the current market conditions. they've probably made a solid profit and would definitely make sense if they're looking to fund a government projects

I'll give this a try.

have you compared it with asicprofit.com? I wonder which one gives a clearer or more accurate picture

i can't help but think if countries like Russia are seriously considering bitcoin as a reserve asset, it shows just how much potential the crypto has in reshaping global finance, The idea of moving away from traditional fiat currencies especially the US $ feels like a natural step for countries tired of being at the mercy of Western sanctions. But then there's that whole criminal angle that peoiple bring up bitcoin's privacy features make it a go to for illegal activities. It's kind of a double edged sword

You can look for Avalon specific cables on sites like eBay, Amazon or specialty mining shops.

Set up the software with CGMiner. You'll need to configure wit with details like mining pool address, wallet address and hash rate settings. Don't worry if this sounds intimidating but there are plenty of tutorials online like asicprofit.com that is beginner friendly, they break down the process in an easy to follow way

wow BTC at $100k! it still feels surreal doesn't it? I mean, we've all been waiting for this moment and not that its here I cant help but feel a mix of excitement and curiosity especilly with the market going sideways recently but bitcoin always seems to have a way to of proving us wrong in the best way possible.

you prediction of $180k-$200k sounds bold but not entirely out of the realm of possibility.

if things play out as they have historically, bitcoin could continue climbing into 2025 potentially reaching those ambitious targets

it's not just big investors but rather how BTC is used by people on a day to day basis. The more its used, the more stable and valuable the network becomes which is where long-term growth can happen.

i feel like timing plays such a huge role here with all those unpredictable changes in hashrate and difficulty.

Makes me wonder, how do people actually manage the risk of sinking all that money into something that might not even stay profitable long enough? Do they rely on forecasts or is it more of a gamble?

Hey everyone,

I’ve been into crypto mining for a couple of months now, and let me tell you—figuring out which ASIC miner to start with was so mind-boggling. There are just so many options out there, and each one comes with its own pros and cons.

After spending hours Googling and reading through forums, here are the key things I’ve learned about choosing the right miner:

Profitability: This is the main thing I focused on. It’s not just about the highest hash rate—you’ve got to think about power efficiency, too. Electricity costs can eat into profits fast.

Electricity Costs: Where you live makes a huge difference. High electricity rates can turn a profitable miner into a total loss. I calculated my costs based on local rates before making any decisions.

Initial Cost: Some miners are super expensive upfront, but cheaper ones might not be as profitable in the long run. I tried to balance my budget with how quickly I could make my money back.

Coin Compatibility: Not all ASICs are created equal. Some are designed specifically for BTC, while others work better for altcoins like Litecoin or Kadena. I made sure to match the miner with the coin I wanted to focus on.

Durability and Resale Value: Since mining gear doesn’t last forever, I looked into how reliable the machine was and whether I could resell it later if I needed to upgrade.

During my search, I came across ASICProfit.com. The site lets you compare miners based on profitability, power consumption, and efficiency—it saved me so much time. If you’re stuck like I was, I definitely recommend checking it out.

That’s just my two cents. For the more experienced miners here, what do you think is the most important thing to look for in an ASIC miner? And for any fellow newbies, what are you struggling with?

Looking forward to hearing your thoughts!

Profitability in mining can be tricky, especially when factoring in hidden costs like mining pool fees, hardware maintenance, and even downtime. Those can eat into your daily profit and stretch out your ROI timeline.

I recently came across asicprofit.com, which lets you input your miner details, electricity rate, and other variables.  It gives you a more dynamic view of profitability, factoring in things you might not think of manually.

Also, keep an eye on BTC’s price—it’s such a big factor in determining ROI. A sudden drop in BTC could double your payback period, while a spike could shorten it significantly. 

..This is some solid advice! Holding onto losing trades can work in long term strategy but its important to still reassess them periodically. Buying dips is great but timing matters too. Keeping emotions in check is key, trading with a clear head helps you stick to your plan instead of reacting impulsively.

Once all bitcoins are mined, no new supply will enter the market and availability will depend on people trading existing bitcoin. This scarcity could increase demand and pushes prices higher but it might also make bitcoin less practical for smaller transactions if prices become too high.

You can check this article: https://www.ccn.com/education/what-happens-to-bitcoin-after-all-21-million-are-mined/#:~:text=By%202140%2C%20all%2021%20million,rely%20solely%20on%20transaction%20fees.

If the historical growth continues and interest grows, it could hit new highs. Crypto is unpredictable and prices can swing wildly based on global events or sentiment.

Long timeframes like weekly or monthly charts tend to give clearer trends and more reliable signals from technical indicators. It's interesting how the market's focus has shifted away from short-term events like the FOMC meeting and towards broader factors like the elections. Focusing on these larger trends and staying calm really helps avoid overthinking and making impulsive decisions.

Can Bitcoin Miners become major players in the renewable energy market by trading Renewable Energy Credits (RECs)?

What are the potential regulatory or ethical challenges?

You can try adjusting the fee slider to a lower setting but make sure the transaction still gets confirmed in a reasonable time. Sometimes using a dynamic fee setting based on current network conditions can help reduce the fee. Also double check if you have any unspent transaction outputs that might be causing the higher fee due to the way Electrum is structuring the transaction. If the issue persists, you could try using a different wallet like bitcoin core or exodus to see if the fees are lower.

I think polymarket and online casinos are just different vibes. Polymarket's getting a lot of attention because you can bet on literally anything like sports, politics or crazy stuff like WW3. I get why some people are switching. It is more transparent with the whole blockchain thing and that's a big deal for a lot of folks.

But online casinos still have their thing too like classic games and straightforward betting. I dont think one's gonna totally replace the other. It's more likely people will use whichever fits what they're into.

Personally, I'd probably try both just to see what works better for me.