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plebeian
e84a98625f2a858ff71bef5f39e7831d2503d09be677acb9e95f0e9d644b605b
Hodler, node runner, coffee drinker, book reader, coder, painter

Today's FED statement removed previous language suggesting inflation was making progress toward the 2% goal.

Translating to plain English it means inflation AIN'T going to 2% - it's going higher

In the last month, several publicly traded companies have announced adopting Bitcoin as a treasury asset:

1. Heritage Distilling announced they are adopting Bitcoin as a strategic reserve asset and will accept BTC as payment. This was noted as a significant move in the craft spirits industry.

2. Goodfood Market Corp. from Canada announced a Bitcoin Treasury Strategy with an initial $1 million investment through a spot Bitcoin ETF, indicating further corporate adoption in the food sector.

3. Critical Metals Corp. has secured financing to purchase Bitcoin for its treasury strategy, making it the first Nasdaq-listed critical minerals company to adopt Bitcoin as a treasury reserve asset. They have access to up to $500 million for this purpose.

Got to love the term "Strategic National Bitcoin Stockpile", much better than "Strategic Bitcoin Reserve"

The Czech National Bank is considering becoming the first European central bank to invest in #Bitcoin as part of its foreign exchange reserves diversification strategy. An investment of over $7.3 billion in Bitcoin is being discussed, which would represent a significant move towards mainstream acceptance of cryptocurrencies by central banks.

When you open DATUM on the clients tab you will find a table with a lot of funny acronyms for which there is no clear explanation on DATUM Github or Ocean website so let me try to figure it out:

First, "Subbed" – maybe that's short for "Subscribed"? The values here look like a combination of letters and numbers, possibly client IDs, followed by a number of seconds how long the client has been subscribed to the server.

"Last Accepted" – the time since the last valid share or block was accepted from this client. The values here are in seconds

VDiff – "Variable Difficulty" might be the current minimum difficulty setting for the client

DiffA (A) – "Difficulty Accepted" The total accepted shares at that difficulty? The number in parentheses could be the count of accepted shares. So DiffA might represent the total difficulty of accepted shares and the number of them

DiffR (R) – "Difficulty Rejected" Similar to DiffA, but for rejected shares. This column shows the total difficulty of rejected shares, their count, and the rejection percentage

Hashrate (age) – The hashrate of the client and the age in seconds indicating how recent the last update was

Coinbase – Usually refers to the address where mining rewards go

UserAgent – The software the client is using. This helps identify the miner software and version.

DATUM is very nice and interesting project IMO. It requires Bitcoin Knots full note implementation but it does work with pruned node so if you already have for example Umbrel with Bitcoin Core node you can install and setup pruned Bitcoin Knots node on the same Umbrel machine and install and run DATUM for solo mining.

If you want to use DATUM for solo mining you need to edit /home/umbrel/umbrel/app-data/datum/data/settings/datum_gateway_config.json config file and set pool_host: "" (delete existing value). When you do that you will be running in Non-Pooled Mode (which I guess is another way to say "solo mining mode" 😉 )

After 4 years of running my own lightning node I have come to a conclusion that custodial lightning wallets are the best and the most reliable solution not only for beginners or non technical users but literally for anyone who doesn’t send or receive large amounts.

Replying to 0e7fe0f2...

nostr:npub1rxysxnjkhrmqd3ey73dp9n5y5yvyzcs64acc9g0k2epcpwwyya4spvhnp8 I made the leap to Nostr and this is my first post in the Free World!

Welcome

Don’t overestimate the number of people who care about censorship resistant social media or privacy

Intelligence comes with self-awareness, critical thinking and ability to humble your self to the reality and adapt your opinion each and every minute as the reality changes. Those virtues are very hard to obtain and sustain - that’s why we live surrounded by ridiculous amount of stupidity

Not that I care about what he thinks but he is right.

Bitcoin not a threat to the dollar but the best asset that can help back the dollar and the confidence in it.

The real threat to the dollar is the lack of confidence and irresponsible government that does nothing to manage the debt and risks that come with it

nostr:note1pqu45qkpuu69rmuedrrlfdedkpzhemslsly3r0a3esft98duu65s5tzzju

One year later this is still the only reason I don’t use Damus

When I say news I don’t mean BBC or CNN news, I mean new information about whatever deserves your attention. You can share links or research articles on TikTok. And if you want to know if someone launched a nuke I bet you will find this info on X before other channels even register the event

I hear you and you should not confuse number of users to wide social impact. No one gets their news, latest and greatest highly engaged content from FB or Instagram, they all go to X. And the number of people who go online to get latest and greatest compared to people who go to narrow circle of family and friends to share images from their vacation (FB) is not even in the same league.

Actually no, it’s very large part of the internet and when we take into account that most Nostr users are currently using protocol as a social media, X is enormous

The success of Nostr is reversely correlated to the amount of free speech that Elon enables on X

Few

I just lost a million brain cells