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Bitcoin Mechanic

N/A

Bitcoin

85 Following

5.2k Followers

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Bitcoin Mechanic

2d ago

Bitcoin Mining: Spending a few grand on a machine that will consume $150 of electricity to mine you $80 worth of Bitcoin every month.

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Bitcoin Mechanic

2d ago

might fuck around and buy bitcoin with the money i'd set aside to pay my taxes

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Bitcoin Mechanic

4d ago

Uploading arbitrary data into Bitcoin’s blockchain is just storing data on other people's computers without their permission and taking advantage of the fact that they're trying to be sovereign Bitcoiners.

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Bitcoin Mechanic

4d ago

el

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Bitcoin Mechanic

1w ago

Good morning @bitblockboom (are they on Nostr?)

Today I'll be giving a demo on how to turn a basic, fresh slate Debian machine into a fully fledged DATUM box you can use for lotto mining or pooled mining on OCEAN.

You'll be amazed at how easy it is.

1pm, wherever the workshops are.

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Bitcoin Mechanic

1w ago

So Texas is freezing in April. Good to know.

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Bitcoin Mechanic

1w ago

airlines be havin' more "boarding zones" than seats on the plane

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Bitcoin Mechanic

1w ago

"vibe coding" is not a new concept.

it just used to be called "python"

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Bitcoin Mechanic

npub15u3wl

1w ago

Replying to @USER

I’ve been working through setting up a bitaxe, using ocean, with Lightning payouts through a start9 server. It’s been quite a process, but a good learning experience more than anything. Appreciate @nprofile1q tutorial on it, and @Bitcoin Mechanic who helped Ben make that happen. Glad Ocean is out there as an option too

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Bitcoin Mechanic

npub1qtvl2

1w ago

We're proud to announce Tonal Bitcoin (TBC) support for the OCEAN Dashboard, now the default unit. Experience the future of Bitcoin mining today!

Not ready for Tonal yet? Use the unit selector to switch back to BTC or sats.

https://ocean.xyz/dashboard/tbc12

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Bitcoin Mechanic

1w ago

First back-2-back!
el

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Bitcoin Mechanic

npub1z204r

1w ago

"that's why decentralized mining should win, if miners are being economically rational... and we're seeing a migration towards this and away from FPPS"

@Bitcoin Mechanic

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Bitcoin Mechanic

npub1gehj8

1w ago

"that's why decentralized mining should win, if miners are being economically rational... and we're seeing a migration towards this and away from FPPS"
~ @Bitcoin Mechanic
- @nprofile1q
- @OCEAN

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Bitcoin Mechanic

npub1vgldy

2w ago

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Bitcoin Mechanic

2w ago

el

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Bitcoin Mechanic

2w ago

Doesn't matter who wins the election, Canada is done.

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Bitcoin Mechanic

2w ago

Michael Jackson was incredible.

The lies they spread about him were a digrace.

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Bitcoin Mechanic

npub1lh273

2w ago

Replying to @USER

Are we still talking about solo mining? DATUM is the only solution that even provides a second broadcast source as an option. Lotto solo mining ONLY does the home broadcast. So even if we refused to do so, it would still not be any worse than your alternatives.

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Bitcoin Mechanic

2w ago

The stupidest FUD against OCEAN since "tHeY cEnSor cOiNjOiNs" just dropped.

Shoutout to @npub10m6lr

el

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Bitcoin Mechanic

npub1kun56

2w ago

Replying to @USER

Here's how I understand it, and @Bitcoin Mechanic can correct me if I have anything incorrect.

Pool-mining normally requires the pool to create the block templates using their node, which are sent out to the miners on the pool to hash. Any block found is then sent to the pool and broadcast out to the network using their node. The template they send to the miners does not include any kind of reward split, because ALL of the rewards goes to the pool, and they internally credit sats to each miner's account, after taking their fee.

DATUM changed this whole dynamic. Miners on @OCEAN that are using DATUM are not getting a block template from the pool at all. They are connecting their miners to their own Bitcoin full-nodes to get block templates to hash, and if their miner finds a block, their own node will broadcast

... See more

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Bitcoin Mechanic

Bitcoin Mechanic

2w ago

Replying to @USER

You seem to be under the impression that a pool must broadcast a block to minimize risk of it being orphaned. This isn't remotely true and was a weird part of your celebration with the FutureBit block last month.

Blocks are tiny and propagate really fast. We....kind of fought a war about maintaining that. Remember?

Really don't appreciate you asserting that I'm trying to be disingenuous or evasive here, you genuinely don't seem to have a firm grasp of where the bottlenecks actually lie.

You're imagining that it's better for a miner to tell a pool about a block and leverage their supposed superior connectivity rather than tell the network about it directly.

Amazingly, adding a middle man only slows things down.

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Bitcoin Mechanic

npub1a7dzp

2w ago

Replying to @USER

I love making my own block templates using DATUM.

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Bitcoin Mechanic

2w ago

a lot of ocean hate is straight up people just not learning how it works.

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Bitcoin Mechanic

2w ago

el

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Bitcoin Mechanic

npub1lh273

2w ago

Replying to @USER

4 different solo miners using OCEAN also found blocks this week:
- 888094 found by Penguin
- 888283 found by Munich International Mining
- 888418 found by ZettaPOW
- 888908 found by Elektron Energy

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Bitcoin Mechanic

2w ago

Anyone running a Lightning node on proxmox with HA? Curious how you're going about backups/redundancy etc.

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Bitcoin Mechanic

2w ago

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Bitcoin Mechanic

3w ago

el

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Bitcoin Mechanic

3w ago

Saifedean
el

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Bitcoin Mechanic

3w ago

el

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Bitcoin Mechanic

npub1qtvl2

3w ago

It's time for another Last Week in Bitcoin!

Join @Luke Dashjr, Jason Hughes, @Bitcoin Mechanic as they chat through covenant proposals, challenges with community consensus, Knots growth as Core development stagnates, Bitaxes, using Bitcoin miners for heating and more!

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Bitcoin Mechanic

3w ago

@OCEAN = a pool of solo miners.

el

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Bitcoin Mechanic

3w ago

DATUM 0.3.0 released - many improvements, most notably GUI config.

https://github.com/OCEAN-xyz/datum_gateway/releases/tag/v0.3.0beta

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Bitcoin Mechanic

3w ago

Run a fuckin node
el

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Bitcoin Mechanic

3w ago

I haven't enjoyed an operating system since Windows 3.1

Wait....maybe I haven't enjoyed ANYTHING since windows 3.1

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Bitcoin Mechanic

3w ago

Forgot about pi-hole. Fun seeing all the bullshit that it prevented me from downloading.

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Bitcoin Mechanic

3w ago

Heating your house with Bitcoin miners is obviously the future.

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Bitcoin Mechanic

4w ago

When you use someone else's terminal and vim: command not found

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Bitcoin Mechanic

4w ago

did it again. had the hax ready this time

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Bitcoin Mechanic

4w ago

Haven't they heard? They can just use Tether 🤡
el

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Bitcoin Mechanic

4w ago

Ungoogled Chromium - I have what seems to be the solution to my browser blues.

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Bitcoin Mechanic

1mo ago

Love quantum mechanics - it's the slow realisation that we live in a designed universe necessarily created by a mind.

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Bitcoin Mechanic

1mo ago

tfw u make some sick as fuck edits and realize you didn't use sudo when opening vim

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Bitcoin Mechanic

1mo ago

For anyone wondering, it's pronounced "DATUM" - not "DATUM" as many have been saying.

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Bitcoin Mechanic

2mo ago

So we're regularly noticing how unacceptably large Foundry has gotten and it would be good if Bitcoiners in general understand why we are where we are.

First, let's talk about what it is pools actually do, starting from the theoretical going all the way the practical.

In theory they make no difference to anything - they simply reduce variance.

Instead of earning $.X per year, you earn $.X/365 per day.

This is far more consistent and makes day to day operations easier and it's clear why someone would want to do this - assuming they're a smaller miner who is not capable of finding block frequently enough without pooling and splitting rewards with others.

This might be desirable to the point where you'd even pay a split to the coordinator (pool) because it's that valuable of a service.

... See more

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Bitcoin Mechanic

npub1nx2lg

3mo ago

I am now a miner thanks to the #DATUM protocol. Amazing work @OCEAN team. The X streams were really helpful to configure my node/datum but I think it would be worth adding some edited videos guides to streamline it a bit @Bitcoin Mechanic @Luke Dashjr 🙏

el

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Bitcoin Mechanic

Dec 18, 2024

We just "crashed" all the way down to $101k lmao

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Bitcoin Mechanic

Oct 3, 2024

Just had a random thought about there being a shitcoin equivalent of me somewhere.

"Ethereum mechanic"

Gross.

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Bitcoin Mechanic

npub1ajv7m

Sep 9, 2024

A propaganda campaign was crafted with a divide & conquer strategy to distract from the growing awareness of our economic enslavement. The tea party & the occupy wallstreet movements were getting too close to the mark. And since then the gender BS has even gotten a bunch of the slaves to pay their masters to castrate & poison them. It's really kind of amazing.

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Bitcoin Mechanic

Sep 9, 2024


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Bitcoin Mechanic

Sep 9, 2024

Permissionless protocols that don't take spam seriously become unusable.

Thabkfully, no one here is pretending it's all valid use of Nostr and thus inciting us to inaction.

However, Bitcoin is the most important protocol of our lives in many ways and the gas lightning around the spam it suffers has been sadly very effective.

Very few take it seriously or imagine fee markets for block space are somehow sufficient when they clearly aren't.

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Bitcoin Mechanic

Sep 8, 2024

Normalize social events/holidays not being sugar binge sessions for children.

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Bitcoin Mechanic

Sep 6, 2024

Spam everywhere today on here.

Anyone wanna pretend this is all "valid use of the protocol" and not abuse or we only do that with spam on Bitcoin?

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Bitcoin Mechanic

Sep 6, 2024

A miner on @OCEAN found a block yesterday and another today.

The machines were 6 feet apart.

Pretty blown away by this.
el

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Bitcoin Mechanic

npub1c8l99

Sep 3, 2024

Haha. Where’s “Bitcoiners” support this guy during Bitcoin 2024? LMAO 😂
el

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Bitcoin Mechanic

Sep 2, 2024

Taking a nap in the middle of the day - yay or nay?

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Bitcoin Mechanic

Aug 31, 2024

You could be outraged about Brasil banning Twitter.

Of you could use Nostr and pay no attention.

It's a lot more funny when they try to ban decentralized protocols than centralized platforms.

Genuinely I think we'd all just laugh if they announced a Nostr ban.

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Bitcoin Mechanic

Aug 29, 2024

Moved Amethyst to the place on my phone home screen where Twitter used to be.
el

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Bitcoin Mechanic

Aug 28, 2024

There are people I've blocked on twitter who I follow on here.

It's just not full of the same algo-generated-doom-porn that makes us all want to strangle each other.

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Bitcoin Mechanic

Aug 27, 2024

People really need to stop equating privacy and anonymity.

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Bitcoin Mechanic

Aug 26, 2024

Getting more and more done with Twitter and Nostr is getting better and better
el

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Bitcoin Mechanic

Aug 26, 2024

I've had beef liver in the deep freeze for over a year.

Is there some reason I shouldn't eat it?

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Bitcoin Mechanic

Aug 16, 2024

Use Knots

#Knotstr

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Bitcoin Mechanic

Aug 12, 2024

el

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Bitcoin Mechanic

Aug 4, 2024

Drinking raw, 7% fat, A2 milk is undescribably good.

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Bitcoin Mechanic

Jul 12, 2024

I miss when this guy was president
el

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Bitcoin Mechanic

Jul 7, 2024

Need to buy a smoker.

Way too many options.

Happy to spend $1k-$2k

Advice appreciated :)

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Bitcoin Mechanic

Jun 25, 2024

ASSANGE IS FREE

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Bitcoin Mechanic

Jun 16, 2024

30 hours of airplanes means 30 hours without eating.

Wish me luck kings.

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Bitcoin Mechanic

Jun 8, 2024

Nostr is a mess.

Feels so right.

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Bitcoin Mechanic

May 31, 2024

Looking for a Nostr webclient that works nice with Firefox.

Iris keeps crashing for me lately.

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Bitcoin Mechanic

May 30, 2024

Wow just figured out Bitmain's latest fuckery in real time.

I'll give you the back story...

Once upon a time Bitmain was grinding merkle roots instead of nonces aka "covert ASICBOOST".

This gave them an advantage over other miners who didn't know this was possible. One company went out of business - KNC - citing "the Chinese having some secret advantage we don't know about" - which turned out to be true precisely for this reason.

It's one of the reasons ASIC manufacture is so centralized today and this is correctly identified by many as being one of the most vulnerable aspects of the entire bitcoin ecosystem.

The ASICBOOST issue came to a head when Bitmain used their influence to block the activation of SEGWIT (essential for Lightning) because it would break their ability to do it - at least

... See more

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Bitcoin Mechanic

May 27, 2024

Made a video - first since September!

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Bitcoin Mechanic

May 2, 2024

Bullish on the UTXO set!

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Bitcoin Mechanic

Apr 3, 2024

They always read my mind with their updates

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Bitcoin Mechanic

Apr 1, 2024

Someone paying $389 to move $1.94.

547,000 sats to move 2730 sats.

Why?

Because this has nothing to do with Bitcoin and doesn't make any sense from the network's perspective.

People who take comfort that behaviour will remain predictable thanks to economically rational decision making need to know it goes both ways when you start taking in external factors.

You have to do it with miners too.

If a miner can make more money in ways that have nothing to do with bitcoin then you can no longer rely on simple assumptions like "miners will do X because if they don't then they will make less than a miner who does"

The simple example I've used many times is compliance.

If you have a choice between expensive legal battles and exclusion informed by government

... See more

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Bitcoin Mechanic

Mar 26, 2024

My red pill was reddit banning the pizzagate subreddit.

Couldn't see the world the same after that.

Years later it surfaces who the 6th biggest account on reddit was...

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Bitcoin Mechanic

Mar 21, 2024

Raspberry Pi 5 synced bitcoin in about 22 hours.

We're so back.

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Bitcoin Mechanic

Mar 4, 2024

Nostr has good vibes. Twitter is pure misery.

I follow the same people on both.

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Bitcoin Mechanic

Feb 27, 2024

Decent BOLT12 wallet?

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Bitcoin Mechanic

Feb 15, 2024

ETF buyers are tourists.

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Bitcoin Mechanic

Feb 10, 2024

Getting seriously El Salvador pilled.

Being around people who have hope for the future of their country is addictive.

This cannot be found in Canada or the US. These countries are on suicide missions and it's horrible to live in such an environment.

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Bitcoin Mechanic

Feb 6, 2024

El Salvador is incredible.

Bukele just won and none of the locals can wipe the smile off their face.

Find me a working class citizen in the US or Canada who is happy with Biden/Trudeau.

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Bitcoin Mechanic

Jan 25, 2024

Saying these things are "valid transactions" is like calling a doctor giving a ten year old puberty blockers "health care".

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Bitcoin Mechanic

Oct 31, 2023

Daily note to self: Use Twitter less and Nostr more.

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