Monday, 24 October 2022

Cost of producing 1 btc

The title says it all. Is there any resource that tracks the cost of producing one btc in term of electricity as well as machine cost? In real time and historically?

Is there any such tool for other cryptos?

submitted by /u/Prometheus_miners
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source https://www.reddit.com/r/btc/comments/ybtjqn/cost_of_producing_1_btc/

App tha allows you to make Fiat payable bitcoin invoices.

Does anybody know if an app exists that allows me to send a payment request that can be payed in fiat but is recieved by me in btc?

I want people to pay me in bitcoin but al lot of times they cant be bothered to set up wallet or download an app buy some btc themselves and pay me with it.

Love to hear

submitted by /u/Panemetcirenses
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Small Bitcoin investors stop whales from crashing BTC price below $18K

Small Bitcoin investors stop whales from crashing BTC price below $18K submitted by /u/willdotit
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source https://www.reddit.com/r/btc/comments/ybsh5d/small_bitcoin_investors_stop_whales_from_crashing/

Blockchain .com are thieves

Hi fellow BTCers,

Having issues with BLOCKCHAIN .COM, I am aware that this is a common theme in the realm of things - as it seems that they simply do not care.

  1. 2 transactions equating to approx. $800 total.
  2. Reset my trading wallet with seed phrase.
  3. Tried to send crypto out of my account.
  4. They froze the account functionality (message - account restricted).
  5. Customer service have stopped responding and have not given any explanation for over 3 months.

Is there anything I can do ?

Worst experience I've ever had in the history of crypto for years.

I DO NOT KEEP MONEY on exchanges - I SIMPLY MADE a transaction on there, and they just took my money in broad daylight...

submitted by /u/Potential_Level9665
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“Freeway halted all platform withdrawals. They also wiped the names of all team members from their website. It looks like it's over. Another $100m+ rug.“

“Freeway halted all platform withdrawals. They also wiped the names of all team members from their website. It looks like it's over. Another $100m+ rug.“ submitted by /u/Egon_1
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source https://www.reddit.com/r/btc/comments/ybpwu9/freeway_halted_all_platform_withdrawals_they_also/

my own ideas to start building a passive income with crypto

as days passed I became more and more concerned about how I could possibly earn any realistic amount of passive income with crypto that wasn't barred with inaccessibility issues for those that didn't have the right amount of funds to start and I came out with some possible ideas that I will list down below just to discuss with you guys how I could possibly start building a realistic way to earn passive income with crypto assets, but almost al methods appears to be impossible to achieve, let alone unrealizable:

token burning: I've heard people started burning tokens just to be able to earn a specific transactions within' the proof of burn method, but generating tokens is currently impossible without owning at least some small amounts of crypto coins (ETH in particular) and using a weaker computer to generate them so what's the alternative?

NFT minting: currently you need to have at least some smaller amounts of crypto tokens in your wallet and it is impossible to start profiting as a total beginner in the first place. Gas fees aren't ETH, possibly there are other ways various blockchains implement their own versions of NFTs but I haven't checked them (possibly they are structured in the same way).

running a lightning node: possibly the most practical way to earn passive income (even the tiny nation of El Salvador uses them). I don't care if it's not profitable but the catch is that most software used to manage lightning nodes are on ARM and not on x86, I wonder how possible is it to run and build your own scripts from scratch on x86_64 computers.

setting up a custodial wallet: you could theoretically start your own custodial wallet in order to host other people crypto assets in exchange for a fee. But it's not actually an easy thing to do since there would be problems by others trusting you and your account, I guess there are indeed some kind of software capable of automating this process on either linux or windows, but I ain't currently aware about them.

announcement mining: possibly one of the most "esoteric" forms of mining I've ever heard at the moment. you don't mine for blocks, you mine the so-called "announcements" from your computer. I only ever seen it being used in PKTcash and nothing else.

submitted by /u/Unique_Lake
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source https://www.reddit.com/r/btc/comments/ybr3ap/my_own_ideas_to_start_building_a_passive_income/