Just FYI. Robinhood uses the following banks...
Goldman Sachs Bank USA
HSBC Bank USA, N.A.
Wells Fargo Bank, N.A.
Citibank, N.A.
Bank of Baroda
U.S. Bank
Matt, you asked " who the fuck is selling".
I believe it's $1billion of the seized silk road coins that the US government just put on the open market.
Seems like a big coincidence that this happening at same time banks are having problems and erases incoming liquidity to buy BTC.
Historically US has auctioned off seized assets, not sell in market.
Additionally voyager is selling tokens into usdc. That's fucked up too.
Gonna put together my S9 space heater
What are these badges you refer to?
Coincidental actions....
- kill silver gate so no incoming liquidity can buy BTC
- sell $1billion of BTC before new onramps can be established
- occur at same time mt gox distributions occur (however I think that's been delayed some)
- attack mining in legislation for energy use
- Biden propose 30% mining tax
Bitcoin price dropping again.
Is the US government selling the silk road coins on Coinbase? Causing this drop?
Is this part of choke point 2.0?
I hope you're right.
JD, i use coinledger.io for my crypto tax tracking. Its way worth the money to me. I export my transactions from whatever source (binance, nicehash, f2pool, coinbase, etc) and put it in excel format that coinledger.io defines and bam! It figures out all costs basis and handles all the buy and sell transactions. And keeps track of my future/remaining cost basis.
I need it because i have all kinds of tax implications (typical buy/sell, mining revenue, etc)
They also have some tax faqs if thats what you need
And yet another idea...
Along the lines of my first suggestion (having ability to control hashing ON vs Standby for temperature control of external systems),
Hashing ON or OFF control based on local utility needs. When peak elec demand give ability for remote hashing OFF command.
This interface needs a standard implementation so that all utility districts in the US (or world for that matter) can reliably use miners as a balancer (load shaving). If the miner opts into a lowered cost power program.
One more idea...
Being open source it would be nice to see versions that have under clocking, overclocking, auto tuning, etc. Like the third party firmwares that currently exists (braiins, vnish, chipless).
Additionally having immersion mode built in would be awesome. Currently for bitmain we have to install fan spoofers in order to remove fans and run immersion. Immersion tech will be important to create an efficient heat transfer system for home water heating (and other implementations)
We have an update on our mining initiative
tl;dr: along with our ASIC, we’re going to make a mining developer kit comprised of hardware components, open source software, and documentation to enable anyone to build a miner. We’re looking for your help defining what it is.
You can send feedback and input directly here or email mining@block.xyz
Here’s the post for more details:
https://www.mining.build/the-mining-development-kit-unlocking-innovation-in-bitcoin-mining/
In the open source code, I think it would super handy to have functionality of hashing on or in standby. Think of all the use cases of home systems using Asics as heating elements (for water, HVAC, etc). Current bitmain implementations of using Asics for heat demand is pretty clunky at best. You have to trick the ASIC to stop hashing but still the fans are on too high. Would be nice if that functionality was built in.
I was in San Diego last weekend. Saw Bitcoin ATM. Holy cow the commission is high. Price of BTC was around 23k at the time. To buy BTC it would cost 25k. To sell BTC they would give you 21k. 8.6% fee is too damn much.
Using Phoenix Wallet
---------------
Easily Send and Receive Bitcoin Using Lightning on Your Phone
---------------
Lightning network payments are a faster and often cheaper way to spend and receive bitcoin. This guide will walk you through the easiest way to get started.
1. Install Phoenix Wallet on Android or iPhone.
2. Run Phoenix and click create new wallet.
3. Click the Receive button to receive bitcoin using the lightning network.
- Click show bitcoin address if sender does not have a lightning wallet.
4. Once you have bitcoin in the wallet you can pay any lightning invoice by clicking the send button.
Full Guide: https://werunbtc.com/phoenix
If it's an actual LN node, can I create a channel with it from my own lightning node?
To all of our creative nostriches!
Our Stemstr team is looking for original artwork contributions from visual artists on nostr to help music producers onboard and be welcomed onto our upcoming service.
We're offering 500,000 sats to the artist whose artwork is selected for this creative request.
Artworks must be original and can be created as 3D renderings, illustrations, drawings, paintings, etc.
Learn more via our GitHub https://github.com/stemstr/Design/issues/6
DM #[0] with any questions that you might have or to chat more about this project.
Heres your calling @phjlljp
These two green lines show some short term bullishness




