Happy Sunday guys!!!

GM

"I am on a path & the Universe is my guide"

~ Unknown

Art by Alina Choma

#ThingsIAdore

Detail, on a finger painting I did long ago...

Acrylic on a wood shelf.

#SometimesIPaint

Rosebud, by Antonio Mora

#ArtIAdore

gm hacktivists

Wat Pha Lat in Chang Mai, Thailand 🇹🇭📍🗺️📸 #Photography #siamstr #Thailand #ChiangMai #Travel #Asia #photostr

Wat Phra That Doi Suthep in Chang Mai, Thailand 🇹🇭📍🗺️📸 #Photography #siamstr #Thailand #ChiangMai #Travel #Asia #photostr

So, looking at raw numbers with 50,000 devices:

Your individual odds = 1 in 50,000

Waiting time = 75-80 days

So you're looking at:

• A 0.002% chance of mining a block

• Waiting ~2.5 months for that tiny chance

With 1 million devices:

Your individual odds = 1 in 1,000,000

Waiting time = 3-5 days

That's:

• A 0.0001% chance of mining a block

• Every 3-5 days, someone in that million gets lucky

• But it's probably not you

However, these statistics are oversimplified. Here's how Bitcoin mining actually works:

Your real chance of mining a block = (Your hashrate / Total network hashrate)

For perspective:

• With 1 TH/s of mining power, odds are roughly 1 in 249,694,649 per block

• A new block is mined every ~10 minutes

• But it's a continuous probability game, not a scheduled event

When more devices join the network:

1. The total network hashrate increases

2. Your individual device's hashrate stays the same

3. Therefore, your relative share (and odds) decrease

So when they say 'a device will mine a block every X days,' it's misleading—it's a network-wide statistic, like saying 'someone will win the lottery every drawing.' It doesn't improve your individual device's chances; more competition actually makes your odds worse.

This is why solo mining has largely been replaced by industrial mining operations—the odds for individual miners have become increasingly unfavorable as the network has grown.

I don't gamble, and I don't play the lottery. These devices are fun and educational, but they are expensive lottery tickets with worse odds.

Whole weekend already busy updating my travel #photography to the Olas app (olas.app) and more 👇 #plebchain nostr:note1eqxu62cv970lgsqy70e9mlm2dufsrqa04ca73d4n8qjczahkm53sxnya50

Wake up babe.

Thank you

Im a little sad today Stu . How are you

The up side and dow. Side to nostr nesec ...down side if somone gets that they can access certain stuff...upside they cant change that so youll still at least allways have accessto your account. For perspectiveif somone gets your nsec its not like somone getting your password to facebook. Reason being is they can chsnge your facebook password and lock you out and they cant do that with nostr.

On amethyst i know for sure you can encryt your nsec with a password so helps with securing your nsec. But just know as far as i know as long as you have your nsec your never locked out .

It has its moments haha

Bitcoin conference

Bitcoin conference