Bitcoin Reddit

More / Bitcoin Reddit - 3 months ago

Daily Discussion, August 04, 2024

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank yo...

More / Bitcoin Reddit - 3 months ago

1 bitcoin wallet or 2

Di you guys keep your sats in one seed wallet or do you split it up in 2 or more seed wallets ? For your consideration I consider 1 seed and same seed w a pass phrase 1 wallet but w a hiding place. Currently have mine split in 2 wallets w 2 separate...

More / Bitcoin Reddit - 3 months ago

Bitcoin is below cost, it is on sale.

It takes 15 miners (239TH/s @ 5,000$ each) one year to mine 1 bitcoin consuming 35,000$ of electricity @ 0.07$/kwh. That is 110,194$/bitcoin. It takes 38 miners (95TH/s @ 500$ each) one year to mine 1 bitcoin consuming 88500$ of electricity @ 0.07$/k...

More / Bitcoin Reddit - 3 months ago

Benefits of Bitcoin

The use of hydropower for Bitcoin mining presents several advantages over fossil fuel-based energy sources, such as petroleum oil. Here are some key points about utilizing hydropower for the Bitcoin network: Renewable and Sustainable: Hydropow...

More / Bitcoin Reddit - 3 months ago

I started a business to buy bitcoin

I’ve been feeling so bullish on bitcoin lately that I’ve started a business to buy more of it. I never feel like I have enough (probably what a lot of you guys feel) so I’ve started a business to buy more bitcoin. Am I crazy or nah? Cook me in the co...

More / Bitcoin Reddit - 3 months ago

just one question

Just one question: Could a decentralized social network make Bitcoin become big in the future, maybe like gold or the dollar? Of course, this would be if the social network permits donations in Bitcoin. submitted by /u/Whole_Amphibian58...

More / Bitcoin Reddit - 3 months ago

Reminder: You don't own any "money" in the bank

The number on your bank statement is NOT money you own. In fact, money isn't even something you can own. Here, money is basically debt, the bank saying "hey I owe you this much, so trust me bro". Yes, you have the legal rights to claim...

More / Bitcoin Reddit - 3 months ago

5 Samsung A25 Giveaway!

???? 5 Samsung A25 Giveaway! ???? We're excited to announce a fantastic giveaway where 5 lucky winners will receive a brand-new Samsung A25! To participate, simply follow the steps below: How to Enter: Download Our App: Get the app from th...

More / Bitcoin Reddit - 3 months ago

2-of-3 Multisig Vs 3-of-5 Multisig

Hi all - I'm considering leaving my Casa 3-of-5 Multisig for the Unchained Capital 2-of-3 Multisig (or maybe Nunchuk 2-of-4). I’m a bit concerned that with the 2-3 Multisig that if I lose 2 keys (ie my hardware wallet and my phone) that my BTC is...