Things get crazy when you start pricing in sats instead of dollars. It completely changes how you value everything. Goodnight, Nostr!
Nice, I like what youāre doing. What could you do with this?
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 consumptionāan industry-standard practiceācould 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, Iām running my nostr:npub126ntw5mnermmj0znhjhgdk8lh2af72sm8qfzq48umdlnhaj9kuns3le9ll on a beefed up Lenovo P320. That thing is a beast, as long as I can keep it cool!
Itās OK because we DCA!
Embrace the chaos, own the weirdness. "Normal" just means giving up the best parts of yourself.
āMind your own business,ā says the guy engaging in discussion on a public forum.
I donāt know who Satoshi was. I just know who Satoshi isnāt.
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 āforgot your password?ā are numbered.
I was thinking the same, it appears to show diminishing returns. But I donāt know what Iām talking about and Bitcoin will continue to do its thing. Just when I think I see a trend, something different happens. āBut itās different this time!ā Either way, Iāll 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, youāll have to send sats from your Alby wallet (or elsewhere) to your Primal address.
Thatās why I zap from a client that lets me connect to my Alby wallet. It is confusing but thatās how Primal works with its built-in wallet.
When in doubt, zoom out!
nostr:note1g0p8ea7yevgas7hqmahgveq04saf5vuhzg83cw9qq3q8jjrn5hnq67pvz9
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...
Thatās the note I was looking for, thanks! I donāt have Android so I need to find a client on iOS or PC that lets me set up relays like that.
Not sure how many started using Bill Pay from nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9
Iām going to test it out for 2025.
Not sure though how the taxes will workout. Letās 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, itās now worth $110.
I pay my electricity bill which is $110. I pay 37% tax on the $10. Thatās about $3.7. I still benefited from the $4.3?
Is this math correct?
I had similar questions and havenāt 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 Iād expect that to add up quicklyāespecially if youāre paying a lot of bills.
And what happens if Bitcoin dips? If my BTC is worth less when itās time to pay, does that make my bills effectively more expensive that month? Feels like Iād have to track tax lots constantly and maybe even switch to paying in fiat if the math doesnāt work out. Unless thereās a tax-loss advantage that I canāt wrap my head around.
Itād 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 canāt find who posted it.
How many should I even have? Iāve got a list Iām connected to, but I donāt really know much about themāwhoās behind them, what theyāre for, how theyāre different, or why Iād pick one over another.
Iāve noticed some relays donāt carry over when I switch apps, and some just donāt connect. Iāve even got my own private relay set up, but Iām not sure if Iām using it right (Nostr RS on nostr:npub126ntw5mnermmj0znhjhgdk8lh2af72sm8qfzq48umdlnhaj9kuns3le9ll). I just want to make sure people can see my notes and that Iām backing up my stuff properly.
If youāve got any tips or resources, let me knowāIām always trying to learn. Thanks. #asknostr
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 becomesāor at least finding a side gig to get more involved.
#asknostr
I was telling my wife about all the satoshis Iāve received from the kind people on Nostr.
She said, āMaybe you should start posting feet pics to get those numbers up.ā
Looks like sheās ready to help me corner the niche market. Any takers?
The era of fewer than 1,000 sats per dollar is here. Every cycle, Bitcoinās scarcity becomes more real, and the window to stack significant amounts of sats shrinks. But one day, todayās prices will feel like a gift. Think long-term.


