Understanding #Bitcoin mining was one of the first things that made me really grasp what an insane and brilliant system Bitcoin truly was...

If you still think it's just some gamified ponzi scheme, I urge you to take a few minutes and watch this 👇

https://v.nostr.build/5aYGaIymmcjUzfh4.mp4

Reply to this note

Please Login to reply.

Discussion

grasp and take brilliant ponzi that mining Understanding urge to 👇

https://v.nostr.build/5aYGaIymmcjUzfh4.mp4 few an still really just think one truly gamified system a what things insane minutes and made was...

If me I watch was Bitcoin #Bitcoin the first you scheme, it's you some this of

i can totally envision an AI robot carrying on Guy Swann’s mannerisms & voice when he’s gone. his legacy will carry on for ages and ages.

Thanks for letting us know, Guy

lol, you are welcome. I will continue to let you know other thoughts that I have in the future, as well as potential thoughts about those thoughts. 🤣

Haha 👏

I'm new to Nostr and would love to be friends 🧡

Is it just me or is that video jittery?

I used Riverside to edit it and it does a bunch of jump cuts when there is a pause that's too long or an "um" or something.

It's a particular style that I don't really mind, but the bigger thing is that it makes editing down my longer takes into a cohesive and succinct core video way, way faster... like WAY faster. I can do 6x the editing in the same time frame. The trade off is that I have to accept that some of the cuts are a little abrasive because of the jumping. But its worth it to me until the Ai gets better at the judgement of where to cut and blending what cuts do need to be made.

Being able to basically hit a button and have 80% of the editing done immediately is just way to valuable for me to not use it 😂

Great video ! Will share with newcomers

Also thank you to SO many people who helped me find the great footage of mining farms, various locations and datacenters, and then the near100 of you who shared your personal mining and bitaxe setups in your homes or on your desks.

If you see your miner in the collage video point it out!

nostr:nevent1qvzqqqqqqypzpw08v4rt5pj9dmfsrk0990zflfywwznt7g5zheap4eefgasjqg7uqy28wumn8ghj7ctvvahjuat50phjummwv5hsz9nhwden5te0v4jx2m3wdehhxarj9ekxzmny9uqsuamnwvaz7tmwdaejumr0dshsqgrfk0k3z8txgsktjs8ump4qm64gnnw0vc22y9ct2cqmvgg3nat9py67s39x

I love how you're still refining your messages.

That's a level of mastery few achieve.

🔥

thank you sir, never stop never stopping 🤣 🫡

nostr:nprofile1qqstnem9g6aqv3tw6vqaneftcj06frns56lj9q470gdww228vysz8hqpramhxue69uhhyetvv9ujumn0v3jhyatwdejhyuewdejhgam0wf4sz9rhwden5te0wfjkccte9ejxzmt4wvhxjmc05n4t4 one day I’ll meet you and give you a hug

nostr:nevent1qqsxnvldzywkv3pvh9q0ekr2ph4238xu7es55gtsk4spkcs3r86k2zgpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhg3hjtrn

MIND BLOWING MESSAGE!!! DAMN I LOVE THE POSITIVITY OF THIS BEAUTIFUL NETWORK!

Amazing my dude!.. im grateful for the info you provide .🫡

banger content as always✊

Thank you for your 2 sats 🫡

Stellar.

Sharing this all over the place.

Incredible short piece! I'm glad I took your advice and watched it.

Now I know why you wanted that video of my #bitAxe!

Same, and I'd like to thank nostr:nprofile1qqsq9k04vahllseell55m74n3047y88pzlr0z5yany32st29fapqmgsppemhxue69uhkummn9ekx7mp0qy2hwumn8ghj7un9d3shjtnyv9kh2uewd9hj7qgawaehxw309ahx7um5wghxy6t5vdhkjmn9wgh8xmmrd9skctc87ckyu for making my block template count.

My Bitaxe made it into the video! Love the video and the clear explanations.

Oh! I remember him asking for #bitaxe pics now

Yep! All makes sense now!

nostr:nprofile1qqstnem9g6aqv3tw6vqaneftcj06frns56lj9q470gdww228vysz8hqpzdmhxue69uhkzmr8duh82arcduhx7mn9qythwumn8ghj7un9d3shjtnrw4e8yetwwshxv7tftcp4d9 I’m so glad you cross posted a YouTube version of this! It’s perfect for having in the front of the mining playlist that’s linked from the Why The Future (WTF) is Bitcoin book. Short and clear. Well done, sir.

http://krigerdanes.com/btcmining

nevent1qqsxnvldzywkv3pvh9q0ekr2ph4238xu7es55gtsk4spkcs3r86k2zgpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhg3hjtrn

I got goose bumps. Great video Guy, and the meme game is on point. 👌😄

nice job on the "Great Taking" series Guy...looking forward to the rest of them.

One of the best explanations I've seen. 👏👏👏 Made me tear up a little.

Amazing content🚀 but be careful with the Pokémon hate🍯🦡

This is fantastic, well done!!!

This is now my go to explainer on WHY Bitcoin Mining.

Thank you

“#Bitcoin mining is a ‘waste of energy’ or ‘pointless math’ in exactly the same way that the concrete and steel in a bank vault is ‘pointless building materials.’”

nevent1qqsxnvldzywkv3pvh9q0ekr2ph4238xu7es55gtsk4spkcs3r86k2zgpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhg3hjtrn

Understanding Proof of work is how you can understand why bitcoin is unbreakable, uncensorable and don't need to be trusted.

The trustless Monetary system.

The trustless Truth system.

The trustless Time system.

The trustless Energy system.

...

The trustless... everything!

🤯

nostr:nevent1qqsxnvldzywkv3pvh9q0ekr2ph4238xu7es55gtsk4spkcs3r86k2zgpz4mhxue69uhkummnw3ezummcw3ezuer9wchsyg9euaj5dwsxg4hdxqweu54uf8ay3ec2d0ezs2l85xh899rkzgprmspsgqqqqqqsykhmmp

[Libertad]

El mundo digital está aquí.

Muévete rápido. Con determinación.

Aprende y asienta conocimiento.

Los que vengan detrás te lo agradecerán (de muchas maneras)

#hola #HispaNostr #hispano #español

nostr:nevent1qqsxnvldzywkv3pvh9q0ekr2ph4238xu7es55gtsk4spkcs3r86k2zgpzdmhxue69uhhwmm59e6hg7r09ehkuef0qgstnem9g6aqv3tw6vqaneftcj06frns56lj9q470gdww228vysz8hqrqsqqqqqpxtgkff

Nailed it

This is great

This by nostr:nprofile1qqstnem9g6aqv3tw6vqaneftcj06frns56lj9q470gdww228vysz8hqpz9mhxue69uhhxct5wdskwefw0puh5qg4waehxw309ajkgetw9ehx7um5wghxcctwvsrmfvh2 is the quickest was to get your head around what BTC mining actually does for the network. Once again killing it Guy!

nevent1qqsxnvldzywkv3pvh9q0ekr2ph4238xu7es55gtsk4spkcs3r86k2zgpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhg3hjtrn

This is really good and clear.

I haven't watched this yet, but I had the same experience. 😃

😂

🔥🔥🔥🔥

Excellent video legend! Just shared with some normie friends

🫂🧡🔥🔥🔥

well said, nice little clip

“Bitcoin mining is a waste of energy or pointless math in exactly the same way that the concrete and steel in a bank vault is pointless building materials.’”

nostr:nevent1qqsxnvldzywkv3pvh9q0ekr2ph4238xu7es55gtsk4spkcs3r86k2zgpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhg3hjtrn

Aaaah, thats why you wanted our videos

Epic 7:55mins by the amazing nostr:nprofile1qqstnem9g6aqv3tw6vqaneftcj06frns56lj9q470gdww228vysz8hqpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqgswaehxw309ahx7um5wghxcctwvsar6j94 🔥🤙🧡

nostr:nevent1qqsxnvldzywkv3pvh9q0ekr2ph4238xu7es55gtsk4spkcs3r86k2zgpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhg3hjtrn

One of the best explainer videos I've ever seen. This is what normies need

Great one nostr:nprofile1qqstnem9g6aqv3tw6vqaneftcj06frns56lj9q470gdww228vysz8hqpzdmhxue69uhkzmr8duh82arcduhx7mn9qyg8wumn8ghj7mn0wd68ytnvv9hxgkn6a6q 🙌🏽

Mining allows you to earn new KYC-free bitcoin and be a part of the community.

Yes, but then there's also the problem of mining centralization. Which is an issue. Mining pools can centralize control, effectively becoming keys to writing on the Bitcoin chain.

I do think the current market dynamics, i.e West vs East, will allow Bitcoin to remain decentralized and also mining software like Datum/Stratum V2 will help immensely, but this is an and will always be an issue.

In other words, there's details that are fundamental to truly understand if one is to dive unto Bitcoin.

This post by nostr:nprofile1qyxhwumn8ghj7cnjvghxjme0qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcqyr7at68k4cxms9a7pdca5gzf3svqd95d3fj9j4vuyj0nyta8x3j2whad7ya explain it very well: https://ocean.xyz/about and https://ocean.xyz/docs/datum