We turn power into Bitcoin. Hosted mining for investors. Based in Cedar Falls, Iowa. Inc 5000 #175
7 day Bitcoin mining trial
Joined June 2021
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Peter and Rich each had $2,500.
Peter bought Bitcoin and held it
Rich bought an S19 miner and ran it on 7 cent power, selling a little of what it mined to cover the electric bill.
Rich sells the machine at year 2: 75% more Bitcoin than Peter.
Rich keeps mining to year 4: 25% more.
Two extra years of mining cost him Bitcoin.
Mine vs buy comes down to two levers you control:
what you pay for the machine and what you pay for power.
The full math is in our free guide, Mine vs Buy Bitcoin: The 2027 Math, with a prompt that runs it on your own numbers.
Drop a comment and we'll send it.
Simple Mining retweeted
This upcoming Wednesday we are doing a webinar with Jordi Visser on why Bitcoin is the purest AI trade
It's free, with live Q&A at the end.
spots are limited, registration in the comments
It will be a good one
ALT The Purest AI Trade: free live webinar with Simple Mining and Visser Labs, Wednesday, November 11, 7pm ET
This upcoming Wednesday we are doing a webinar with Jordi Visser on why Bitcoin is the purest AI trade
It's free, with live Q&A at the end.
spots are limited, registration in the comments
It will be a good one
ALT The Purest AI Trade: free live webinar with Simple Mining and Visser Labs, Wednesday, November 11, 7pm ET
Every book in that top tier was written before Bitcoin existed.If you were raised on Graham and Bogle, we answered the 10 biggest objections to Bitcoin with data here:
simplemining.io/skeptics-han…
Bitcoin is down about 5% two days after the midterms, trading with chip stocks as markets price tighter rules on AI data centers.
That's the ballot moving the short run.
The long run runs on a different clock. Bitcoin was higher a year after each of the last three midterms.
2014: +17%.
2018: +44%.
2022: +90%.
Every one of those elections landed 17 to 20 months before a halving.
This one lands about 17 months before the next...
Michael Burry right now
we're fucked. absolutely fucked. the ai trade is over. we all top blasted and holding bags now. i can't believe it. how could we have been so wrong. this market makes no sense. my spleen hurts. i haven't seen green in such a long time. i miss money. i miss smiling. i miss sleeping not checking my phone every 1 min. i miss waking up happy. i should've just stayed in cash like a good boy. im like icarus flew too close to the sun. my ego got the better of me. there is no alpha. only luck. lady fortuna has left us to fend for ourselves. faith does not work. praying does not work. i am tired. hedgies are waging war and we are caught in the middle. how do you survive this. when will it end.
Step 3: Qualify to use the loss against other income.
That takes more than 500 hours a year, or more than 100 hours and at least as much as anyone else, your host's staff included.
Without it, the loss is passive and can still offset passive income.
