pull down to refresh

Not sure if you notice, but people today do not want to work or having a decent job that pays in BTC.

They just want to have "passive income sats"... the shitcoin mentality twisted their minds in such way that cannot exit from this state of "doing nothing, just earn some sats".

So maybe that's why job posters are not coming in hoards to post on SN offers.

Just think about that. Maybe we need here more "serious" readers. I am sure there are others that not even registered but still read SN. But are few.

I rap for my sats.

reply

Damn, I've seen a good long rhyme on bitcoin reddit similar to Lose yourself from Eminem.

Wanted to post it here and ask but can't find it anymore

reply

Haha, found it!

my palms are sweaty. pounds weak, my bags are heavy. Memories of 2008, never forgetti.
We nervous, but on the surface bitcoin looks hard and ready, to hold value, but we keep on forgetting what the nodes allow, the old crowd won’t endow, we open our mouths, but the truth they won’t avow, look at inflation now, everybody’s hoping now, fiat’s time is up, over, blaowl!
Snap back to reality, oh there goes the currency, oh here comes the planet’s only hope, it ain’t bad and it won’t give up that easy, no, it won’t have it it knows this whole blockchain can’t choke, it don’t matter, it’s dope. We know that, but we’re broke while bitcoin is so stagnant

-- https://old.reddit.com/r/Bitcoin/comments/xrdven/pound_imploding_uk_bitcoin_volume_exploding/iqennh9/

reply

LOL people still use that garbage reddit?

reply

Yes, for funny comments. I knew I will get judged, haha

reply

Kind of a tangent but I agree people don’t seem super enthusiastic about work, particularly when purchasing power is decreasing among the working class. Nonetheless, there are people who work diligently even if they’re in the minority.

Re: SN. Only 2% of people visiting SN contribute. The rest just “lurk.”

reply

Awww yeah never felt so good to be in the 2%

reply

when can we get links to SN comments? so that I can post it to SN and trigger snception.
I think this comment is interesting by itself.

reply

Just click on your comment title and you get this link
#75394

reply

ah ok, just realized nevermind!

reply

What do you mean with contribute? Register and comment? Or does registering already count as contributing?

reply

You can get passive sats with bitcoin by mining. You have to invest at least a whole coin in miners to make it worthwhile. If you live in or have access to an area with cheap energy it's a no-brainer.
Otherwise find a host that ideally accepts bitcoin (surprisingly hard to find) so that you never leave the ecosystem. The more people do this, the more mining stays decentralized.

reply

Mining in a cold climate is between free to profitable if you consider the miner itself a sunk cost of living (like part of the house).

Even paying grid prices at $0.13/kwh your heat is free, and at $0.20/kwh a 100TH S19 is about the same cost as heating your house with propane.

S19 pro
Miner cost: $1900
Wattage: 3250
MBTUH/Month (heat): 8.0
Profitability @ $0.20/KWH: -$190
Profitability @ $0.12/KWH: -$2.90

Average high efficiency hydrocarbon furnace: 95%
Furnace input/mo: 8.4 MBTUH

Therms/mo Nat Gas: 84
$/therm: $0.25
Equivalent heat cost with nat gas: $21

Gal/mo propane (lpg): 92
$/gal-lpg: $2
Equivalent heat cost with lpg: $184
Note: during a cold month a dwelling could use more than 500 gallons of propane, so a single miner would only be supplemental heat
At average winter electricity prices of less than $0.12/kwh (no profitability) you would save around $200/mo (on propane) per miner with its waste heat

reply

I misread the faqs on natural gas prices, it's actually $0.64/therm (page 2) which changes the equivalent mining heat cost with natural gas to $54/mo

reply

"passive income sats" is a PoS mentality.

We work for our sats!

reply