I've just ordered 3.

Hence why I'm curious on this topic.

I'm all about investing sats into the ecosystem, node runner/lightning facilitator (built that) and seedsigner fan (built one, bought one).

So yes, this was next. So I splurged on sats I set up in lightning 4 years ago (wow. What appreciation lol).

The Future of mining is certainly micro setups such as bitaxe's. If households ran them, there would be no need for mining farms. I get that it decentralizes further, and gets us expanding our own horizons.

Other than the personal growth items I've mentioned - can anyone else sell me on bitaxe? Anything else?

(Like I said I'm not a hard sell, awaiting 3 I've already ordered). Should they be run pool or solo?

Maybe 2 on pool and 1 on solo or vice a version or not at all?

Give me anything

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Thought experiment.

Option # 1

Let’s say you have 10 bitcoin and we hit 2 million in the next few years.

You’re tempted so you sell it for 20 million dollars.

After taxes you’re be left with 16MM.

Which you use to comfortably generate 1.2MM a year in the tradfi markets.

So you take the money and retire.

Bitcoin crashes 60% back to 800k.

For a few years you feel like a genius. You enjoy your new rich person lifestyle.

You even buy back a few bitcoin. 2 to be exact. 20% of what you used to have.

Then bitcoin rises over the next decade to be worth 50 million per coin.

You’re worth 120 million now. And you decide to sell a little over half a coin and upgrade your lifestyle again to be able to generate an additional 2 million a year.

You’re now on paper worth 120 million, you generate 3.2 million a year (266k a month) and you’ve been largely stress free for the last decade.

Your kids will inherit roughly 1.62 bitcoin from you upon your death.

You have some level of regret about not hodling through, but you’ve been largely stress free and the mental health benefit was worth it in your mind.

Vs.

Option # 2

You have the same 10 bitcoin but you Hodl them.

Your stress levels are persistently higher.

You also decide to retire when Bitcoin hits 2 mil, but you decide to do so in bitcoin terms.

Your plan is to sell a little bitcoin as needed in order to fund your lifestyle.

This is roughly 1-3 million sats a month. Depending on bitcoin price.

Over the course of 10 years you end up selling or spending 2.4 bitcoin and are still left worth 7.6btc when bitcoin reaches 50 million.

Your net worth is 380 million.

You’ve reduced your lifestyle in bitcoin terms down to a million sats a month. (500k) or 6 million per year. You’re 46, Assuming you live until you’re 90 you will pass down 2.32 bitcoin to your kids.

You have no regrets about the way you played it, but your stress was consistently higher and there were a few scary months along the way.

Which option do you choose?

1 or 2?

Is anyone seeing my posts on here?

What am I looking at device wise here

People kept comparing the killer to Batman before he was caught. I don’t like the comparison, but I get the symbolism for a vigilante taking the law into their own hands. He gets caught and comes from a very wealthy family. This gave him the time and resources to develop learn and develop his beliefs and to craft the tools to execute his plan. Life imitating art or a predictable pattern of human behavior playing out over and over again?

Respect 🫡

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And having all that shit on you a week later at McDonald's 🤣🤣🤣🤣🤣