GM...😁

I have a theory about solo bitcoin mining...😁

Care to hear it?🤔🧐😆❔

Solomon once said:

"The lot is cast into the lap, But its every decision is from the Lord."

- Proverbs 16:33

I believe that Jesus/God has an INCREDIBLE sense of humor. (If you don't know that, go read the 9th chapter of John...😜🤣😂)

Besides what Solomon said, the Bible is full of evidence that God is in complete control of "random" events.

Now, even though statistical odds make solo mining with something like a Bitaxe massively unlikely, when you combine God's sense of humor with his control of random events, you have the most plausible explanation for why we have already seen more than one small solo miner scoring a block.

Read about the solo odds:

https://thebitcoinmanual.com/articles/bitaxe-nets-block/

And read what the Bible says about "randomness."...:

https://biblehub.com/topical/c/casting_lots_and_divine_decision.htm

BTW, there are other fascinating Bible stories on the topic, such as the one about the archer who let his arrow fly at random and killed king Saul...

Look THAT one up!😜🤣😂

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lol I have actually thought about this too 😁

I figure if I keep running my Bitaxe then God will have plausible deniability if He chooses to give me 3.125 Bitcoin 😁🙂😎🙏

The article doesn't say anything of the probable frequency of ANY bitaxe getting a block, more info is needed to calculate that. Sorry but this doesn't adequately support your theory. But yes things that are for us essentially random are largely, if not entirely, things we just don't understand and that appear random (are stochastic).

Stop living in statistics.gif

I'll live where I want dammit lol

More info from stats land: the recent blocks imply an expectation value of about 0.14% of the bitcoin network being solo miners. Of only 0.01% or less are, that's a bit anomalous and eould lend some statistical evidence in support for this post. Which by the way, the post was using to back up its claim. Fair game.

You have 100% chance of not finding a block if you have zero hashes per second to your name.

Get off zero.

You have 100% chance of not winning the mega millions jackpot if you don't buy lotto tickets?

Get off zero?

Where are we going with this?

I'm a very trained statistician btw, your logic is flawed in too many ways to count.

Everytime i respond to you in a complete & full manner with respect, you claim to not want to read my responses.

Don't buy a Bitaxe, buy Palestinian flags.

Bitaxe doesn't have expectation of profit for the average user if they solo mine so where is the flaw in my logic mr statistician

Neither does investing into Palestinians but we do it.

So stop trying to own slaves and also don't solo mine unless you're crazy

You're a fool, anyone agreeing with you is a fool, the average man is a fool.

Fine. Solo mine if you can afford it. Not really hurting anything.

Study Bitcoin more, you need the education.

You're the one that needs to study doggie coin more I think

Donate your Monero bags to Hamas already.

Money won't help them, they need not dying

They need Israel dying but moreso they need themselves not dying 💯

For sure, the only place in the middle east you can be both Palestinian and Jewish & w.e religion and not get your hands chopped off....yeah that's the problem.

Next time I'm in Israel I'll go say hello to the Palestinian homie I buy hummus from for the last 15years.

He's considered an infidel now btw.

He might be Palestinian by blood but he sounds Israeli to me

Nobody with loyalty to their fellow Palestinians is allowed in Israel right now dumb fuck

Already did 🤙

How many Satoshis are you mining daily?

Well I have a somewhat old hosted miner that just barely breaks even converting the electricity cost into BTC, and a much older home miner that I use as a heater, something like a dollar or two a day on that one.

Seems like you have the resources to support Open Source mining development meanwhile fishing in the open waters of solo mining :) ⛏️

Tempting! My support comes from my purchase of bitcoin haha! But yeah I might get a Bitaxe or something eventually

Not or something MFer 🤣💗💪🤝

I think like 1200 sats per day average on weeks that it's cold and I'm using it

Will be referencing this post when I'm home