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Rich Nost
13bc95d921c8b6b26cf35494964daf86f9312fe50924483d266827979d80897d
Bitcoin hedge wizard. Do not consult me unless as a last resort.

Oh yeah, dumb people are gonna get their faces ripped off. Money has never been so allergic to stupidity.

No matter how your day is going, rest assured that the Carousel of Happiness is always turning. #wholesomestr

https://video.nostr.build/430a6272ef88f43767b007c9381f06e19f69884b2ebba70f983ca60f799e5e6f.mp4

Mining is mindless. The engineering around it is basically being as miserly with power as possible. It's an overhead problem requiring the same single-minded problem-solving as companies that live and die by SEO/SEM.

Miners are the sorts of people who should NOT be exclusively in charge of consensus, and I'm glad we flicked their dick hard during the blocksize wars.

Day 3 of solo mining.

This is boring and lonely.

It's almost like jpegs and tokens on bitcoin were a stupid fad.

Oh they're still there, along with that BRC-20 nonsense. It's still a dying fad.

Don't worry about the fees everyone. The dickbutts are coming to save us any minute now.

Small blocks mean that there is greater chance for a more decentralized network. Large blocks require processing and bandwidth out of the reach of people running commodity hardware (laptops, raspberry pi's, home computers). The less accessible bitcoin becomes to normal hardware and bandwidth, the more fuckery and collusion that can occur between large, powerful miners, and MINERS ARE OUR BITCHES AND ALWAYS SHOULD BE

The transactions necessary to open and close lightning channels cost sats per byte. When main chain fees are low, it is an opportunity to for lightning node runners to do some cheap housekeeping of their liquidity by opening new channels or closing unprofitable ones.

When on-chain activity is low, some low-rent shitcoin influencers and open-mouth-diseased YouTubers use it as an opportunity to farm engagement by spreading dumb, recycled ideas about how bitcoin is dying.

Chanting *snakes, snakes, snakes, snakes*

Nothing horrible. Fees stay low. Lightning channel opens/close go up. There will be FUD.