Yeah, we (Satoshi Radio podcast community) did exactly that.
We forked CKpool, made our own front end and ordered 365 BitAxes (as a community).
We are currently at 300 active users and 500 active users. Check out: https://pool.satoshiradio.nl/
We are at Bitcoin Amsterdam, swing by if you want more info.
Yeah, if they all did that it would be really profitable. But they don’t.
Same goes for getting sponsors and ads, that’s not my point.
The point is that when you get critical mass, ads and sponsors are way more profitable than donations.
Let’s make it easy and leave any taxes out of the calculation and take a monthly income of EUR 3.000 as our baseline. This means:
- 10.000 donations of 30 cents.
- 1.000 donations of EUR 3
- 100 donations of EUR 30
I think the out of 100 listeners, only 1 to 5 donate (my experience in my own podcast). Let’s take the upper bound of 5 for this example. So for every listener that donates, you have 19 that don’t donate. This means to get to 1.000 donations of EUR 3, you need a total crowd of 20.000 listeners. There are not that many bitcoin podcasts that get to that level. And the point is, once you get to that level you can easily get ads for EUR 1.000 per episode (CPM of EUR 50). If you make 4 episodes a week this means you get EUR 4.000 a month.
Zapping a few sats on NOSTR or donating to your favorite podcast on Fountain are very cool technical achievements.
But those few cents are not enough for the creator to make a living.
Maybe it works for the biggest voices on NOSTR, but the rest of us are still dependent on ads and sponsors.
The man outdid himself once again.
What a beauty.
nostr:npub12hcytyr8fumy3axde8wgeced523gyp6v6zczqktwuqeaztfc2xzsz3rdp4
We sold them to 350 individuals.
Decentralized hashpower.
365 BitAxes coming online in 3…2…1…
We actually use your software, just made our own front-end!
Last month we sold 365 BitAxes and made our own mining pool for solo miners.
Little did we know that we where the only solo-pool based in Europe, which makes our pool the lowest latency, zero fee mining pool around. We are currently at 50 TH/s of pure pleb mining.
Want to try? Go to:
Artwork by the legendary nostr:npub12hcytyr8fumy3axde8wgeced523gyp6v6zczqktwuqeaztfc2xzsz3rdp4
I worry about mining pool centralization. The mining industry has grown to an almost incomprehensible scale, and I don't have a perfect solution for this issue.
However, I know for sure that education is essential for any solution. The BitAxe is the perfect device for that purpose.
It looks cool, is affordable, and is a 'real' miner. When people plug in their BitAxe, they immediately understand how tiny their share of the network is.
That's why I decided to sell the BitAxe to my community. It's not about making a profit (given the volatility, I barely break even), but about giving people the chance to learn about mining.
We sold 355 BitAxes in a week.
Next, we're setting up our own mining pool. The ultimate goal is to mine a block, but the chances are negligible, even with 355 BitAxes.
Anyway, it's a very fun project. I'll keep you posted.
Settled, settled, settled, settled, settled, settled.
Hey nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle is it correct that Strike RBF's my transaction to keep up with changing fees while it's in the mempool?
This is a pretty cool feature that ensures my 'fast' withdrawal is actually fast, even if the next block takes a while.
Gaan we donderdag in de podcast aankondigen.
"Look Mom, I built something!"
I'm working on a project to sell 100 BitAxes to our podcast community. The goal is to connect each of us to our own nostr:npub1wtgd9ccg76awlp29zl3h466l89wr7hsut0n3ucmtr95h4t29jc6srlsxp2 instance.
My aim is to keep things simple. I’ve designed a straightforward page where customers can enter their address, specify the quantity they want, and settle the invoice with Bitcoin. No frills, just a smooth user experience.
I also wanted to try coding with Cursor AI and Aider, which are agentic coding tools that help you write code.
This was also an excellent time to connect the nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9 API to my nostr:npub155m2k8ml8sqn8w4dhh689vdv0t2twa8dgvkpnzfggxf4wfughjsq2cdcvg. The outcome is pretty cool. In one evening, I built the webpage, connected it to the BTCPay API to generate an invoice, stored the customer data in the BTCPay database, and added the STRIKE API.
I tested it in the video below. You can see that I paid the invoice using nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5 connected to my node. The sats appear instantly in my Strike wallet. I can even choose to receive them in fiat if I want to.
This is just one of the many possibilities at the moment. With more and more people and companies building on Lightning, the potential for innovation is limitless. As nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle said, You can’t beat open source.