Author Topic: Bitcoin Mining  (Read 17865 times)

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Offline nobodyjune61944

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Re: Bitcoin Mining
« Reply #75 on: May 29, 2021, 08:22:04 PM »
My generic, very broad, minimum cost stock index funds are up 10.21% (international index) to 20.6% (high dividend yield stock index) for the year.  My total US stock index fund is up 13.7% for the year as a comparison for the other high and low index stock funds.

None of this is special in any way.  If you were in any super low cost, very broadly diversified stock fund you should have returns close to this.

I'm sure this won't last.  Actual monthly US and world inflation numbers are horrible and I fear that inflationary expectations are getting built in like the last time we had a US President determined to spend our way to prosperity (Lyndon Johnson).  Hope I'm wrong.

Offline ArizonaTank

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Re: Bitcoin Mining
« Reply #76 on: June 09, 2021, 02:37:42 PM »
For those who want to know more about cryptocurrency from a financial (not technical point) of view, I recommend MIT's Open Courseware (free online courses).

https://ocw.mit.edu/courses/sloan-school-of-management/15-s12-blockchain-and-money-fall-2018/

lectures are at:  https://ocw.mit.edu/courses/sloan-school-of-management/15-s12-blockchain-and-money-fall-2018/video-lectures/

The course has a very good overview of blockchain and cryptocurrency including issues. It is not a course on how to invest however.  More about the fundamental foundations of crypto.

You can't beat the price (free). The course is a little dated however (Fall 2018).

The best thing about it is that MIT is not trying to sell you anything with the course.
« Last Edit: June 09, 2021, 03:05:19 PM by ArizonaTank »
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Offline steve58

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Re: Bitcoin Mining
« Reply #77 on: June 10, 2021, 01:06:47 PM »
El Salvador Government to Mine Bitcoin with Volcanic Energy

Quote
Bukele appears to be going all-in on Bitcoin. Earlier this week, El Salvador became the first country in the world to consider the cryptocurrency legal tender because his proposal was approved by 62 of the country’s 84 members of Congress. He also said El Salvador would offer citizenship to anyone who owns more than 3 bitcoin.

Is that like the entrance fee to that wonderful paradise that is El Salvador??  :idiot2:
The democracy will cease to exist when you take away from those who are willing to work and give to those who would not.   Thomas Jefferson

During times of universal deceit, telling the truth becomes a revolutionary act.   George Orwell

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Offline steve58

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Re: Bitcoin Mining
« Reply #78 on: July 11, 2021, 11:04:52 AM »
Ukraine busts 3,800 PlayStation and 5,000 computer crypto mining farm.

Now that is was a crypto mining op!

The democracy will cease to exist when you take away from those who are willing to work and give to those who would not.   Thomas Jefferson

During times of universal deceit, telling the truth becomes a revolutionary act.   George Orwell

If you ever find yourself in need of a safe space then you’re probably going to have to stop calling yourself a social justice warrior. You cannot be a warrior and a pansy at the same time.   Mike Adams (RIP Mike)