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Simple Mining

Following0Followers (X)25.8KPosts436Likes5.59K
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For 5000 years, people have agreed: 3000 BC: Money should be scarce. 2000 BC: Money should be scarce. 1000 BC: Money should be scarce. 0: Money should be scarce. 1000: Money should be scarce. 1500: Money should be scarce. 1900: Money should be scarce. 1914-1970: Ok but what if it’s not. 1971: Money is what the gov says it is. 1990: Financialize all the things. 2008: Oops maybe not. 2009: Money should be scarce -> Bitcoin. 2010-2019: Bitcoin makes no sense. 2020: Money printer go brrrr. 2021: Wait maybe bitcoin makes sense. 2025: Money should be scarce. 2026: Money should be scarce. A currency that can be infinitely printed by a government is an anomaly. You don’t have to accept it. Opt out with bitcoin.

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To mine one full Bitcoin per day, you need roughly 2,400,000 TH/s of hashrate. That’s about 4,140 Antminer S23 Hydros running 24/7. Nearly 23 megawatts of continuous power. Most people still picture Bitcoin mining as some guy with a computer in his garage. The reality: • Megawatts of power. • Thousands of machines. • Industrial-scale infrastructure. All to produce ~1 $BTC per day.

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"I'm too late to Bitcoin." Late compared to who? Bitcoin: ~$1.57 trillion Gold: ~$27 trillion Global assets: ~$300 trillion+ Bitcoin is still well under 1% of global investable wealth. The too-late crowd said it at $1,000 and again at $10,000. They will say it next cycle too.

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Bitcoiners claim they can spot Bitcoin anywhere. Prove it. 1 Bitcoin logo is hiding in this image. You have ten seconds to find it. Don’t spoil the answer. Send the link to a friend. Then comment how many seconds it took you. https://t.co/9wNo5f0zUK

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Having $1 million in Bitcoin is different from having $1 million in anything else. $1M in real estate: property tax, insurance, maintenance, tenants. $1M in stocks: earnings, c-suite, disruption, constant monitoring, etc. $1M in Bitcoin: 12-24 words, valid forever Wealth you must maintain is a job. Wealth you can memorize is ultimate monetary freedom.