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minestr.app
dfe791c1a5c702a9c43430c8bc6109efa21a8f303669d57e4028f225767819f9
A #bitcoin mining sim where #nostr users compete against each other for sats while learning about bitcoin and nostr. At least 5% of game proceeds are donated to OpenSats each epoch, with a new epoch starting every week!

Yes, but where did you see that was the reason?

Interesting purchase. I wonder what the maintenance costs will be like. I guess they think it's a good deal. Though I did read that there's a lot of competition with AI for energy, maybe that's why they took this route?

Replying to Avatar samsatsok

LFG

Sorry bro, that one was for a limited time only 😄

It's a feature, not a bug. It's the whole point of nostr. Not giving up control of your account to platforms. Using an extension or app to manage your key is unavoidable and best practice for a protocol such as this. Just like Bitcoin. You don't go plugging your private key into several apps, right?

Just set up my Gamma from nostr:npub1k8s3skyy5mg5h07w8zvuk5lgrqadmejz7fjdpl60zaznw8sxzdxqxm6y88

It's been running for a while, and it's stuck betwen 500-600 GH/s

Any suggestions? #asknostr

Maybe you need to up the frequency

Why would people do that if it's worth so much?

Replying to Avatar mike

Here's a thought about the potential value of Bitcoin evolved from my musings here:

https://habla.news/u/mhardcastle@nostrplebs.com/1732297906156

If world wealth is currently around $454T

And world debt is currently around $315T

then can we consider it like a company and consider the profit to be $454T - $315T = $139T

Would that be a good expectation for final Bitcoin price?

i.e. $139T / 21M = $6.6M per BTC

Have you read Speculative Attack by Pierre Rochard? Sure, what Saylor is doing is not without risks, but I believe that risk is being managed. Though maybe a dump back to 10k or so could cause him some problems.

https://nakamotoinstitute.org/mempool/speculative-attack/

Phone died. Thought I had my phoenix seed words backed up, but didn't. Maybe I didn't bother caus I never stored more than 200k sats in it. Still hurts lol 😭

Unfortunately I don't think these people have factored in inflation... If they put some of it in #bitcoin however...

https://www.cnbc.com/2024/12/03/millennial-retired-early-with-half-a-million-dollars.html