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Showing 10 of 10 results by J117
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Board Mining
Re: Bitcoin miner in Holland
by
J117
on 23/08/2022, 19:28:10 UTC
This is a post for meet expert miner in Europe. I don't know much miners and I would like meet they Smiley
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Board Mining
Topic OP
Bitcoin miner in Holland
by
J117
on 23/08/2022, 16:23:46 UTC
Hello everyone,

In my country there are no miners BTC, I would like to talk in real life (maybe lunch together) for discussion about the possibilities to create something in Holland.

Is there miner btc in Amsterdam, here

I will be in Amsterdam soon
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Topic
Board Mining
Re: Mining Farm Europe
by
J117
on 13/08/2022, 14:12:24 UTC
I have e cheap electricity in east Europe near to free with new PV Farm subsidized from the government. If you are interested let's me know. We may think about some join venture.


Hi, i'm interesting! Send me dm please
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Board Mining
Re: Mining Farm Europe
by
J117
on 24/07/2022, 11:51:44 UTC
Hello

I have a mining farm in Bulgaria. Even if i don't advise you to start a business right now (IMO winter is going to be hardcore for kWh price) you can DM me if you want to have a chat on Whatsapp or any other way,

I wish you a nice day

DM me, I could be interesting Smiley
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Board Mining
Re: Mining Farm Europe
by
J117
on 10/07/2022, 20:37:55 UTC
It's a 2021 figure.

Please compare month by month between 2021 and 2022, you'll figure that 2022 is at least twice of the monthly values from 2021 which means 2022 will be at least 14cts / KWH for Finland

Datas from here => https://www.nordpoolgroup.com/en/Market-data1/Dayahead/Area-Prices/FI/Monthly/?view=table

On top of that price, you have to add grid fees.


So, 0.14 is always good. I'm a citizen of Europe, I can open easily a startup in Finland.



I think that there's not less than 0.14 in Europe...The dream would be america Smiley
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Topic
Board Mining
Re: Mining Farm Europe
by
J117
on 10/07/2022, 20:24:22 UTC
Welcome aboard!

Europe with the actual rising price regarding energy is not the best place to set up a mining farm except if you have a very specific deal with a energy provider or Dam privately owned etc.

Also you have to bare in mind some countries have pretty high fees on top of the elec price, such as Sweden where the grid fees are more expensive than the electricity price for instance.

Could you let us know what area in Europe you have in mind to set up your farm


Finland!

Price for kWh 0.07
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Topic
Board Mining
Topic OP
Mining Farm Europe
by
J117
on 10/07/2022, 18:36:35 UTC
Hello everybody,

lately I've been fantasizing about building a mining farm in Europe. I have already spotted the place (electricity is very cheap) - However, I wanted to do some sort of estimate on the cost of the hardware to get started.

Can anyone help me make a prediction for an average price?


ps Obviously I would only buy ASIC, no GPU Smiley
Post
Topic
Board Bitcoin Discussion
Topic OP
Bitcoin could become the gold of 21th century?
by
J117
on 10/07/2022, 09:57:22 UTC
Gold has been the store of value par excellence for about 48 years now. After the United States returned to granting the private use of gold in 74 and the decoupling from the dollar, they allowed a dizzying rise in its price.

However, what makes gold a store of value are several factors, including:

Scarcity -> Gold is one of the scarcest metals on the face of the earth, it is not the scarcest. But it remains among the poorest, which makes it palatable.

Proof of work-> Gold is difficult to mine, as you have to organize human resources + machinery to mine it. Once extracted, it is necessary to provide for the logistics and control of the gold.

Let us also remember that gold is a metal that resists time, that is, it does not undergo variations.

For several days I have been thinking of Bitcoin as the new gold for the 21st century:


Bitcoin is inefficient as layer 1 if we look at it as a payment system. For this, we are working on solutions like Lightning Network (layer 2) - but that's not the main point.

Mining Bitcoin is already difficult today, it will become increasingly difficult over time -> This is an important analogy with Gold. Both are difficult and will be increasingly difficult to extract.

Bitcoin has a limited amount and will not change over time -> Same as gold.

The Byzantine Generals Problem -> Miners are incentivized not to compromise the BTC network as well as is very complicated, we can compare it with the physical gold surveillance system.


The first country that will take mining seriously by meeting the various mining farms, and finding efficient mining solutions, could increase its economic capacity.

What if the US regulates crypto and declares Bitcoin a store of value? Basically, it doesn't have an ICO, there are no teams behind it, and there isn't an owner.
Post
Topic
Board Altcoin Discussion
CUBE TOKEN
by
J117
on 14/12/2021, 21:48:56 UTC
Hey guys,
do you know CUBE token?

Cube's a token of Somnium Space. Somnium Space is a software Metaverse for VR headset. They're developing HMD Standalone, partner with TeslaSuit (Haptic suit)- Sony- support by Gemini

Max supply is 100 mln

In this moment is only on Gemini Exchange.

What do you think?
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My opinion on Ethereum 2.0
by
J117
on 27/06/2021, 17:23:11 UTC
Hi guys,

Some days ago, I listened a podcast on ETH 2.0. Premised that I know ETH 2.0 and the new system PoS, but the podcaster sayied that "The Ethereum 2.0's PoS system risks creating a staking problems. Because only those who have at least 32 ETH will be able to validate the blocks". So, I'm thinking at this phrase. Why? The PoS minimum 32 isn't high, We're talking about around 60000€ like investment. The mining of ETH is more expensive. I think that today We have almost the monopoly of mining for BTC and Ethereum. The activity of mining with PoW is expensive and there's the discussion of the sustainable energy. Another point in favor of the PoS system is the passive interest. Sure, I know that It's a variable the interest because the price can up or down faster compared a speculative asset. Another point is the GPU market. I think that the new system PoS could avoid a new speculative for the GPU and a chip shortage. The negative of PoS is (in my opinion) the freeze of the yours ETH for validate a block, but maybe staking pool could resolve this problem?


Let me know