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10 sats \ 5 replies \ @sadfsdf 23 May 2023 \ on: Have you used hodl hodl for borrowing against your stack for mining? bitcoin
It depends what is your trading plan. You could just DCA dips and hodl for the bitcoin standard. In terms of mining you sound like you have done your research so gathering bitcoins through means as a business. You will run into a few problems depending where you live. The best is to study renewable with mining as that is taking over. If you can afford to lend out your bitcoins for different types of high yield. You have to make sure the yield makes sense and is actually verifiable especially over the internet. FTX fell for high yield highly leveraged. =] Wish you luck!
It is on both sides unfortunately. Placing blame is a very natural thing so we should be careful what we associate ourselves with. I was starting to like bitboy he has quite the influence but to make a coin is not the way unfortunately. Most do it for monetary gain. Not the actual project.
I am not sure but from personally reading it I just assumed that they were paying for the power. It is just that maybe the regulations against using that power for marijuana vs crypto currency might be different. I have not personally checked this but I am imagining that you could spend extra power for such things and just pay for it but there is possibly an energy cap against those mining bitcoin and you may get charged extra. I'm not 100% on that but that is my assumption I got from this article.