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Moe
dbf377b7e71855303fc48a8b1fee079ff9107af6d7a59c89236a9bce37ee9e19
Self-sovereign pleb. THANK YOU, SATOSHI!

Things get crazy when you start pricing in sats instead of dollars. It completely changes how you value everything. Goodnight, Nostr!

I manage our family campground and had an idea I'd love to share with this community to gather thoughts.

Our campground benefits from commercial electric rates. While we currently don't charge for electricity usage, billing long-term campers for their utility consumption—an industry-standard practice—could provide revenue to offset the cost of running #Bitcoin miners on-site. This setup could help us improve facilities by leveraging the heat generated by the miners to reduce our reliance on traditional heating sources during colder months. (Currently -2F outside today!)

Here's the idea:

We could set up a few Bitcoin miners and use the heat they generate to help warm buildings like our offices, cabins, or bathroom and shower facilities during the colder months. This way, the miners wouldn't just be generating Bitcoin but contributing to our heating needs, saving on heating costs.

I'm considering starting small with one or two miners set up in our office building as a proof of concept. This location would allow us to carefully monitor electricity usage, heat output, and the overall profitability of mining while keeping the noise contained and away from our guests. If successful, we could explore other suitable locations for additional miners.

For context, I already run my own Bitcoin node, Lightning node, Nostr relay, and BTC Pay server, but #mining is one area I haven't explored yet. This feels like a natural next step, an exciting opportunity for learning and growth, especially if we can make it work within our business model.

What do you think? Are there potential challenges or opportunities I might be overlooking? Have you used miners for heating or integrated mining into a small business setting? I'd love to hear your thoughts and feedback! #asknostr

Nice, I’m running my nostr:npub126ntw5mnermmj0znhjhgdk8lh2af72sm8qfzq48umdlnhaj9kuns3le9ll on a beefed up Lenovo P320. That thing is a beast, as long as I can keep it cool!

It’s OK because we DCA!

Embrace the chaos, own the weirdness. "Normal" just means giving up the best parts of yourself.

ā€œMind your own business,ā€ says the guy engaging in discussion on a public forum.

I don’t know who Satoshi was. I just know who Satoshi isn’t.

I need to get me some more non-KYC sats.

I believe passwords are dying. In 10 years, biometric authentication and passkeys will likely replace them entirely. The days of ā€œforgot your password?ā€ are numbered.

I was thinking the same, it appears to show diminishing returns. But I don’t know what I’m talking about and Bitcoin will continue to do its thing. Just when I think I see a trend, something different happens. ā€œBut it’s different this time!ā€ Either way, I’ll keep buying!

No, your Alby address is a different wallet from your Primal wallet. Check your Alby wallet and see if these zaps are showing up. If you want to zap from the Primal wallet, you’ll have to send sats from your Alby wallet (or elsewhere) to your Primal address.

That’s why I zap from a client that lets me connect to my Alby wallet. It is confusing but that’s how Primal works with its built-in wallet.

When in doubt, zoom out!

nostr:note1g0p8ea7yevgas7hqmahgveq04saf5vuhzg83cw9qq3q8jjrn5hnq67pvz9

Replying to Avatar Dikaios1517

THE guide to properly setting up relays is this one from nostr:nprofile1qy88wumn8ghj7mn0wvhxcmmv9uq3qamnwvaz7tmwdaehgu3wd4hk6tcpz9mhxue69uhkummnw3ezuamfdejj7qghwaehxw309amxjar0wghxummnw3erztnrdakj7qpqgcxzte5zlkncx26j68ez60fzkvtkm9e0vrwdcvsjakxf9mu9qewqyw43nv , assuming you are using a client like Amethyst that allows you to set up all these various types of relays:

nostr:note1fsdpzetk474478euflyuj3ssqgcp0xeljj630459g7mn5gt68nxsmws3gg

Give that a read for starters.

We definitely need a good relay index with descriptions of what the relays are trying to accomplish...

That’s the note I was looking for, thanks! I don’t have Android so I need to find a client on iOS or PC that lets me set up relays like that.

Replying to Avatar TKay

Not sure how many started using Bill Pay from nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9

I’m going to test it out for 2025.

Not sure though how the taxes will workout. Let’s say bitcoin goes up from when I buy it. Then sell it to pay a bill. The profits are taxed as income tax which is very high, this might bring me down to a net loss?

Does that mean this is only beneficial if the bitcoin price shoots up enough to cover both tax and bill? -> taxes are confusing.

Example:

I buy $100 worth of bitties, price goes up, it’s now worth $110.

I pay my electricity bill which is $110. I pay 37% tax on the $10. That’s about $3.7. I still benefited from the $4.3?

Is this math correct?

I had similar questions and haven’t fully committed to using Strike Bill Pay for this reason. They say they handle the tax forms, but I still wonder how it plays out after a full year of paying bills this way. Every paid bill would be a taxable event, so I’d expect that to add up quickly—especially if you’re paying a lot of bills.

And what happens if Bitcoin dips? If my BTC is worth less when it’s time to pay, does that make my bills effectively more expensive that month? Feels like I’d have to track tax lots constantly and maybe even switch to paying in fiat if the math doesn’t work out. Unless there’s a tax-loss advantage that I can’t wrap my head around.

It’d be great to see someone document a full year of using this so we know exactly how the taxes and price fluctuations end up affecting everything. Anyone else already doing this? nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9

If you do it, please update and let me know how it goes.

I need to do some more research on relays. Anyone got good resources? I saw a good note a few days ago but can’t find who posted it.

How many should I even have? I’ve got a list I’m connected to, but I don’t really know much about them—who’s behind them, what they’re for, how they’re different, or why I’d pick one over another.

I’ve noticed some relays don’t carry over when I switch apps, and some just don’t connect. I’ve even got my own private relay set up, but I’m not sure if I’m using it right (Nostr RS on nostr:npub126ntw5mnermmj0znhjhgdk8lh2af72sm8qfzq48umdlnhaj9kuns3le9ll). I just want to make sure people can see my notes and that I’m backing up my stuff properly.

If you’ve got any tips or resources, let me know—I’m always trying to learn. Thanks. #asknostr

Wait, we care about follow count? Who is keeping score?

Is there a Nostr job board, similar to the Bitcoin job boards? It would be interesting to see what people need help with.

The more time I spend in this space, the more appealing a career change becomes—or at least finding a side gig to get more involved.

#asknostr

I was telling my wife about all the satoshis I’ve received from the kind people on Nostr.

She said, ā€˜Maybe you should start posting feet pics to get those numbers up.’

Looks like she’s ready to help me corner the niche market. Any takers?

The era of fewer than 1,000 sats per dollar is here. Every cycle, Bitcoin’s scarcity becomes more real, and the window to stack significant amounts of sats shrinks. But one day, today’s prices will feel like a gift. Think long-term.