
Pleb Miner Monthly EP12 - Don’t sell out! Bitcoin deserves better!
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Show Notes
Pleb Miner Monthly
Episode 12
Show Notes
It’s Thanksgiving season in the US, perhaps Plebs all around the world can stop, take a pause, and appreciate the wonderful world we live in.
Intro Music: Rolling Band – Gratitude (Beastie Boys Cover)
Statistics brought to you by Lincoin Mining.
Lincoin Mining is a pool, an ASIC management hub, and energy trading platform. Ask about bundling services.
Statistics Summary
Global Hashrate 30 MA - 458 EH/s
Other Mining pools of note: Foundry – 133 EH/s, Antpool 130 EH/s, Braiins 6.16 EH/s, CK Pool-24 PH, and Kano-17 PH.
Hash Value - 251,426 sats per/PH/day ~ $91
Network Difficulty - 64.68 Trillion a +3.55% increase. Previously 2.34%
TX fees/block reward – 1-2% end of October but as high as 34% so far
Much of the TX fee push are due to ordinals and inscriptions. To date Wizards have spent over 77 million on fees to inscribe.
Stay up to date with Statistic research by visiting Lens.Lincoin.com
Boty is thankful for Electricity, Medi (for giving him a job), and the Pleb Miner Mafia.
Bitesize Bitcoin
Sponsored by the Lake Satoshi Beach Retreat by Bitcoin101.io
The Lake Satoshi retreat is an inclusive event, welcoming individuals of all levels of experience with Bitcoin. With a focus on education, community, and fun; the retreat provides a unique experience for anyone interested in the world of Bitcoin. Learn from industry professionals or simply enjoy the lake. The annual Lake Satoshi Bitcoin retreat is an experience you won't want to miss. This is Pleb Culture and Community at its best.
Tickets can be purchased at LakeSatoshi.com
Bitesize Bitcoin – Shedding light on Ordinals, Inscriptions, BRC-20 Tokens, The Sophon BRC-20 killer, and how they relate to mining fees.
Ordinal theory is a methodology of describing and tracking individual sats. Inscriptions are the digital artifact that is inscribed on an individual sat. BRC-20 tokens are an ordinal shitcoin. The bot called Sophon looks for incoming Bitcoin transactions that involve ordinals and jumps in line with higher fees to take the ticker name.
Here is the site where I did much of the Ordinal research.
ACTION NEWS!!!
Sponsored by Clothing and Art on Ungovernable Misfits
Nico Smid article on Miners diversifying with AI computation
Follow Alex for more mining ALPHA and to buy gear.
The Bitcoin Bugle: Sell Out by Richard Greaser Background music: Reel Big Fish – Sellout (Acoustic)
Miners Steal Electricity in Taiwan
Wrap Up
Barnminer jerky, when he has it, you better get it.
Eric Blockhouse started a new YouTube Channel called Blockhouse Bitcoin Brainiacs
Tensai Bankai is helping promote the Capetown Bitcoin Conference January 27-28. A lot of the focus here is towards driving South Africans with the inclination towards self-preservation, autonomy, self-determination, and towards further understanding Bitcoin and how it can help protect South Africans from the coming storm.
I think we're all good now, mate. I don't know what that was about. It was my fault. Initially, I moved my computer and this little dongle cable I have pulled out. - Never pull out. - Well, you know that one.
(laughs) Can confirm. Oopsie. Oh, no. - What? What's going on? - That's what I said. Oh, oh. (laughs) - All right, levels. There's gonna be a lot of scratchy voice from me. Are you sick as well?
- No, just the fasting. Like it's really fucked up my throat. - Really? - Yeah, I don't know from not eating or not acid too. Like I get shitty acid reflux. - It's some kind of halo hernia or something.
- Do you normally have what I peppermint say in that? - No, we'll take Gavaskan. Sodium bicarbonate. - Yeah, okay. - When I am having coffee with your fast, you're doing water and black coffee, is that it?
- Yeah. - And not really the coffee. Like just a cup in the morning. So I don't get headaches because I am addicted to caffeine, me too. - The thing is, if you keep upping your dose, you don't get the headaches.
- What do you mean? - Well, any drug user will know this. Any good drug user will know this. If you start needing more, just take more. - Oh yeah, right. - You know what I mean? - Excellent strategy.
If you have to have three full cafetias by eight o'clock in the morning, that would be good for a whole family. And you think, well, I want some more, up the dose. - You're smart, intravenous.
- Yeah. - How'd you get so wise? - Born this way, mate. - Wasn't trial and error. - I don't be always born this way. - You know, make an error. - Not so far. Never say never. All right, I have some notes here.
Action news intros too loud. - Okay. - Who's that you saying that? - That's me telling you. - Okay. - And when, you know, when you put that file in, it's just too loud. - They mean you're gonna tell you that.
- Well, normally I adjust the levels. Maybe I, maybe that's my first mistake. - Oh, I should write that down. - That's first mistake. - That's a loss, hopefully. - 10 minutes of class. - You're classy.
- I've got a handkerchief. - Silky, that is classy. - Yeah, not really. I've actually got kitchen roll. - No, that's more like it. - It's fucking expensive though. - Pretty high end. - I had to steal paper towels from work.
- That's very smart. - Yeah. I actually like my boss, so I don't do that. - My boss is a large giant conglomerate evil corporation. So I'm fighting the man when I steal from him. - Yeah, it's brilliant.
- Yeah. - My mother-in-law works for, again, a big cuncy company. We got her to order us a load of printer inks for her office. - Mm-hmm. - And I've been using them every time I print something.
I go, "Ha, you're free." (laughs) That'll do it. That'll ensure freedom for all of us. - Yeah, it's so good though, isn't it? - Oh, yeah. - If you knew how much should I steal from Verizon, it's fucking nuts.
- All I do now, I'll be passing on you. - You recorded it, do it. - You got me. - Did you receive a package yet? - No, Crown just sent me confirmation. - Confirmation, yeah. - Okay. - Have you looked through the show notes?
- I've looked at them, and when I say I've looked at them, I mean, I've opened the page, I know I'm looking at them. (laughs) - Just the first page. I've done less than I even usually would do, if I'm honest.
- Oh, man. - Yeah. - I'm glad I sent that last night. - Yeah. - He'll get this in the morning, he'll read while he's shitting. - Yeah, no, I haven't taken the shit today yet, so. - Oh, me either, 'cause I don't have anything to shit out.
(laughs) - Yeah, how many days has it been now? - Empty, this is 80-something hours, 83 hours. - That's pretty impressive, mate. - Yeah, thanks. - A lot of the metadata was doing it. - Are you feeling okay on that, or?
- No, I can't sleep. And I've always been like this with fasting. I cannot fucking sleep. - Interesting. - I may have a nice meal at night and go to bed kind of guy, which is probably why I'm overweight, maybe.
If you smash a massive pasta or something like that, something really carby, you just have a wonderful sleep. Yeah, going to bed hungry is not the one. - No, God did not design us that way.
- Doesn't help you sleep. But it does, in the day, I think, make you more focused. - Well, we should talk about this one in the regular show, but a lot of people in the Mestadell are fasting too, and everybody's been saying like, "Oh, I'm so focused in this and that."
And I think, "I can't fucking think." Like yesterday, I sat in this room, I took the day off yesterday, because I didn't do any fucking show prep. Usually I do it all throughout the week before we record.
Oh, here's an article, I'm gonna write this down. I'm gonna do my bite-sized Bitcoin today. Get the fountain boost, you know. It's pretty incremental. And then usually the last day is just assembly and then think of funny stuff.
I just crushed it yesterday, and I'm sitting in here like staring at Telegram for 10 minutes, like, "Whoa, what happened, where am I?" I don't get that hyper-focus. You strike me as somebody, though, that your brain is like the opposite to mine, and I get the hyper-focus, so that doesn't surprise me that you're the opposite.
Oh, okay. I'm like ADD dyslexic, fuck. I'm proper ADD, like I jump between things. I've had to work really hard to get to a point where I can function. - Yeah. - You sort of feel like you're busy in doing stuff, but actually you're kind of like not being that productive.
Whereas I feel like you generally, day to day, you're probably like, "His a task, I do the task." - That's how it feels. - You need to write show notes, I do show notes. Whereas if I'm writing show notes, I'll have four or five other things that I'm also doing at the same time, and I'll jump between them.
- Well, I'd say in general, you're smarter than me. - Oh, yeah. Yeah, yeah, yeah. You know. - No, definitely not. - Given that I think I'm just more simple than I'm able to adhere to simple, especially if it's physical.
If it's a physical task, ain't nobody touching me. - Yeah, yeah, but you're incredibly strong and handsome. (laughing) Do you know what I mean? - Oh, I didn't see how that factored in. - If you're handsome, it makes you at least 20% stronger.
- Mm, yeah. - I had no idea. - I've got weak mates and embarrassment. I've noticed it like moving shit around the yard. Sometimes it's like, I'll just quickly move this thing. Stuff like, we've got these like six meter palettes that are like thick, heavy, solid wood, and they actually weigh a lot.
- I love those. Where are you still like quite comfortably? Be like, I'll just chuck that on my shoulder. Now I'm like, I need two people now. I can't, like I can't do it. Well, like picking shit up, I'm like, oh fuck, I just can't do this.
And it's pissing me off 'cause I'm like, I actually like to be functionally strong. - Yeah, I feel like a weak little bitch at the moment. I don't like it. - It comes back like, you know, fall time is my time to get out there in the yard.
And I've really cleared a lot of land. I think I can run animals back there now. - Oh really? - I'll have to send you like a before and after picture. I've been working on this for years, clearing this to a really, really rough property.
- Do we have anything else before we start the show? - I don't think so. - Let's go. (upbeat music)
, yeah! (upbeat music) - Yeah! - Drive. - Whoa! - They take on the world. - I fucking love the Spice Girls. - Yeah. (laughs)
- They'll tell me what you want. What you really, really want. - Hey, that'd be a good punk cover. - Yeah, it would actually. - If we were to be a Spice Girls band, who would you be? - Probably Posh.
- There's no doubt. - Yeah. - I'm going to sporty. - Feeling sporty? - Really? - Yeah. - Okay. - Maybe you can be a Spice. - Maybe you can be a Spice. - Yeah, I was gonna say you could be quite scary.
- Yeah, all right, I'll go to scary Spice. Oh, I'm not getting pregnant by Eddie Murphy. (laughs) - That's what's happening. (laughs) - What would Potty be? (laughs) - It'd be like our, like, creepy manager.
You know, dressed up in a velvet suit. You have to pay for the girls to come and perform. - I take my cut. - I take it in head. (laughs) (laughs) - A little robot creep. - Yeah, creep, that was a total creeper.
- Well, this is, I'm going to call this, like, a gratitude episode. And that was that, that's what song played there. That was the Rollins band, Henry Rollins band cover of Beastie Boys' Gratitude.
- Okay. - What are you grateful for? What am I grateful for? That's a great question. I have been doing my best over the past week to show my Gratitude. I have been fasting since Tuesday.
And we record usually on Saturday, so this is now 80, I don't know, 83 hours? Something like that. Almost 84, because we really started this show a lot later than we were supposed to next.
So 84 hours of fasting. And during that time, I have been doing my best to try to pray throughout the day in a sense of gratitude, because it's Thanksgiving time. And I feel I should be grateful for the things that I have.
And they are, of course, my family, my three girls, Sarah. I've got a good cucked Fiat job, as much as I hate the organization I work for. It's a good job. It pays well. It's a nice home, a nice piece of property.
I have great IRL friends. I've got great internet friends, and the mestadel, and the plebminer mafia. So I'm grateful for a lot of things. How about you? - I'm pretty ungrateful, to be honest.
Bit of a brick. I type most things for granted. Yeah, I don't really think there's any chance of reform either. Wow, with a hard ass. - We don't really do the Thanksgiving thing, so I'm not used to this. - Yes.
It feels weird, but I'm grateful of stuff and things. I love it like a guy that releases hours and hours of podcasts throughout the month, and throughout the years, is short of words when it comes to what you're grateful for.
I know. What is this whole thing that you Americans do? Like, what is it all about? I know you just smash load of food in your face, and you get even fatter than you already are, but genuinely, I don't know what it is.
Well, I will have an article releasing soon on "Ungovernable Misfits" that will go through the history of Thanksgiving. Basically, it's a celebration of a group of people, the pilgrims that came originally from England, and then they went to the Netherlands, and then they were in the Netherlands,
and they were like, well, everybody's kind of not living the lifestyle that we agree with. So we want to go someplace and start fresh and new, and as they said, a new covenant with God. So they came to the United States.
They didn't discover America. There was already the French and Spanish had been all over here, exploring. Of course, the Indians were already here. Trade routes, farms, civilization. A lot of it was already there, but the English kind of came late to the party.
So they come over here, they landed Plymouth Rock. They have a very tough time at the beginning. They were fortunate enough to meet an Indian named Squanto. First, they met an Indian named Samoset, and Samoset came up to them, and the first thing he said to them, do you have beer?
That's one of the things he knew in English. Do you have beer? Brilliant. Of course, at that time, they thought, you know, water was often tainted and beer was safer to drink, and Samoset had been cavorting with a lot of the cod fishermen in the area.
So he'd been hanging out with them and drinking beer. So he figured the pilgrims, he liked it, had had beer to wait as well, yeah. Samoset was like, you know, he was hanging out with them.
Initially, by the way, the journey was very, very rough from England to Plymouth. It isn't like they went directly to Plymouth. They were trying to go to the Massachusetts Bay Colony. They weren't looking for Plymouth, but they got swept off course and ended there at Plymouth, and even landing on the beach was very tough.
It was rocky, it was difficult. At one time, their craft almost sank, and then a big wave swept them up and almost landed them directly in the only place where it was feasible to land. But anyway, so Samoset comes and hangs out with them for a bit, and he's like, you know what?
I know another guy that speaks English a little bit better, and his name was Squanto. So Squanto comes by, and they start talking, they're having a difficult time. Squanto helps them out enormously.
He's like, I want you to meet the chief of this tribe. It wasn't Squanto's tribes. Squanto's kind of an independent guy. Interestingly enough, most of his tribe, who lived in that area, had died of a plague of some sorts.
But Squanto had been kidnapped quite a few times and put into slavery. He was in England. He was with Spanish monks. Squanto's story by itself is incredible, just an incredible human being.
But I think he felt some sort of connection to the pilgrims there. So he arranges this relationship with the local tribe and helps them out. So basically Thanksgiving is us honoring the celebration that the pilgrims had in one of their first feasts with the Indians, where they gave thanks
to the fact that their journey brought them to Plymouth, that the fact that some sort of higher power, I would say God brought Squanto to them. And all of Squanto's experiences in life enabled him to help them and communicate with the Indians.
That's what Thanksgiving truly is, is just a celebration of thankfulness and appreciation for all the things that you have. And to realize that there is providence in this world, that there is the hand of God that moves things along, especially if you make a covenant with him.
You make history come alive. I never fucking knew that. I genuinely thought, oh, it's just Americans, just being Americans. That's just an excuse to fucking eat loads and be like, you know what I'm saying, Phil.
It's just like really annoying and whiny. And now I'm like, well, that's quite cool. I actually like it. I want to do Thanksgiving now. The Canadian Celebrate Thanksgiving also, why are you talking about the other day?
Because as we know, he's Canadian. Canadians sort of remind me of, you know, like, if you've got siblings, the younger ones want to sort of emulate and do everything the older ones do. Like, oh, they're really cool.
I just want to copy whatever they do, the big brother. Kind of how I look at Canada. Just like a bit shitter. Yeah. Oh, yeah. And a bit more authoritarian. Yeah, that works. I'm not thinking like, oh, I want to be like the Americans.
I'm just thinking, I like the story. These people originally came from England. True. So we have that connection. I believe the town was called Scobee. Scobee. Scobee. Scobee. Scobee. Scobee starts with like an SC.
Scarborough? I don't know. It'll be in the mainland. They came from England. I realized it was a bit shit. It went over to Holland, realized that wasn't what they wanted either. And then they've gone, right, I actually want to do my own thing in my own way.
And I like that bit. I'm like, I want to do my own thing in my own way. I come from England. Don't really like the place either. So I like that. I might incorporate this whole ritual into the family.
I might start doing Thanksgiving as well. I think no matter what your background is, it's always good to take a pause and give thanks for the things that you have. Even if you're religious or not, or spiritual or not, you know, do something.
Just take a pause. Be thankful. I will do. I'm not sure I'm going to do the fasting yet. That's going to be next year. I was saying to you earlier, I've become weak and feeble and a bit chubby.
I feel bad about it. I'm going to get on top of that and some fasting would be incorporated. But not right now, hearing that you've done 83 hours already sort of makes me in a way, I feel like, oh, that's my friend.
I'm proud of him. That's really cool. And then the little part of me also goes, fuck that guy. Why is he doing better than me? Little bitch. Wow. Yeah, I know. Look in the mirror, bro. (laughing) Do you feel like the fat is melting away?
Do you look in the mirror and go, mm-hmm. The muscle melt away. It's like the only thing that I have that can compensate for the fat is the only thing that I have. I'm 100%. I don't even have bones.
I'm 100% muscle. (laughing) It's not what I meant. It's just a good thing. You look at me like, oh, that guy's a little bit chubby, but at least he can like lift heavy things like himself out of bed.
Out of bed, yes. I can walk from A to B. It's impressive. I guess so. Being in the mesh of Dell has helped. I kind of sprung this on everybody. It was like, hey, next week I'm going to fast for a long time and give thanks.
And I was like, oh, I'm going to tell them about what I'm doing. A couple of them were like, okay, I'll do it too. I think maybe we've got like five or six so Lex did it for a little bit.
TK did it for a little bit. Moses. Mm-hmm. Oh, Murn. Did it for a little bit. I don't want to know about a little bit. So I want to know who's still there with you. Nobody did it as long as me.
Oh, but they say I sprung this on everybody. It was like, oh man, shit, I'm going to dinner with my family. And they're going to be like, you know, you knew you were coming to dinner. Why the hell did you just decide to fast all of a sudden?
Yeah, it's nothing to do with their willpower. It's just I sprung this on everybody. But it shows the spirit of the mesh to Dell. It was like, oh, I'll do this too. That sounds good. Polycarp might be still going for it.
Go on son. Yeah, get it. You know what I found interesting? There's a guy in the mesh to Dell named Jackie. He almost did the same thing. Like part of this inspiration is the slaughter of Cal Solax took him in on Monday.
I love how you have to be clear. Cal Solax, not taking Solax in to be slaughtered. He wouldn't like that. No. And Solax boy would be sad. So would I. I would be too. It would be a great loss to civilization.
There's no, you know what, Max? I just said this to him last night. I asked him a couple of weeks or a couple of months ago. So it's like, hey, really, you know, you guys, you and Solax boy should record again.
He's like, OK, I think we will. And he did. And he sent that recording to me. And I'm not going to give it away because obviously he's going to edit it and get it on bit by bit at some point.
But they're talking about mesh to Dell's, their original mesh to Dell theory and how it's evolved and how Solax wants to localize it more, which is completely reasonable. And Solax boy asks him something to the effect of like, well, you're, you know, be a value to a mesh to Dell.
And he's like, well, I really don't have any, you know, labor skills. And I thought I was like, I got to text him right away. He's like, dude, what are you talking about? You would be a great asset in any community or organization company.
His level of spirit, intelligence, and intellectual aptitude, and ability to question things. And he just sees the world in a completely different way. And as I mentioned for, you know, me, I'm very one dimensional, but he's not, he's very complex.
And man, I just appreciate that guy. There's another thing to be thankful. I'm truly am thankful for Solax. Me too. Big time. Anyway, I don't know how we got off on that tangent, but... I don't eat that, but yeah, we love you, Solax.
Yeah, for real. Oh, as we took in Cal Solax. Oh, that's right. Cal Solax is now going to be slaughtered. And are you still, is that going to be your first meal? No, no, because we won't get him until the Saturday after Thanksgiving, which is what a week from now, 25th.
Yeah. Come on, mate, you can do that. Oh, yeah, right. I could have enough fat on me. I could do can confer. Yeah, thank you. Yeah. OK, well, well done. Now, should we move on to some mining stuff?
Yeah, I suppose so. Seeing as that's what the show's about. Yeah, I'll play the show intro. OK.
Bitcoin is close to becoming worthless. Bitcoin! Bitcoin! Now, what's the Bitcoin? The Bitcoin's like rat poison. Yeah. Oh. The greatest scam in history. Let's get it. Bitcoin will go to fucking zero.
Yeah. Yeah. Yeah. [LAUGHTER] Very nice. Yeah, fasting burps. Well, this is a mining show. So, yeah, come on. Let's stop talking about the talk about mining. Good idea. Just want to be in the mine, bro.
Hey, let's start off with some fountain boosts. I have you reading first. Are you all ready with your thing that I type up and laboriously organize so it's easy for you to read? Yes. Oh, well, I like it.
I am very thankful. Thank you, Max. Max a million von Biddnerstein. That is my pleasure. Late-stage Hottle is the biggest booster. Ding, ding, ding, ding. 55,55 sats. Thank you very much, mate.
That is a big boost. Njord board and Lincoln hat giveaway question mark. Am I in the right place? Exclamation mark question mark. Great episode, y'all. This boost was 55,555 sats. Just in case he wasn't the biggest booster.
Mm-hmm. It's smart. You can't mock him. No, he's much smarter than we are. Yes. Interestingly enough, he just bought an immersion system to heat his pool and he is very close to getting that all set up.
I think the infrastructure is done. He's just waiting on his miners to get repaired so he can throw him in there. Did he build it himself or he built like a pre-built situation? You bought a pre-built thing, but that's only the tank and some pumps and the rest of the stuff.
You have to configure to where you are. You've got to do all the pipes and the routing of that and whatnot and purge, you know, air. That's a lot of work. Yeah, you can buy a ready-made system, but you still have to do a ton of work afterwards.
Okay. Well, let's take a child a little. I'd like to hear more about this. So maybe in your next boost as well as telling us how many stats you put in there. Maybe you can give us an update.
That would be pretty cool. Oh, yeah. At Ben 517 BTC, John's ilk will prevail. That's right. Okay. I won't argue with that. Ben is an excavator, heavy equipment operator and all around can do a lot of stuff.
He's always greasy. Always greasy. But he's also really good at graphic design and website design. Yeah. Yeah. He's the one behind the Lake Satoshi website. Well, he does know his stuff then.
Oh, yeah. Yeah. That kid's a beast. Well, if someone of his ilk is the same as your ilk, then that ilk will prevail. That's right. He had it right all along. Okay. Here we go in with the jet stuff.
The jet stuff. I grouped him into one. Okay. We're going to have a lot of LOLs. LMFAO. I like how he started stuff with LMFAO too. Always classic. Ordinals. I like more than rare sats. It was a good learning experience and block space isn't cheap and is finite.
Feas will continue to go up and everything is going perfectly in Bitcoin. I'm going to be the pleb subbies of Bitcoin mining art LOL. Fucking John going to have all the boys thinking I'm a wizard chip pointer now.
Finding Bitcoin for this DJ and gambler was like Biff finding the Almanac. Am I back in the future? Bitcoin wins. Do you get that reference sir? The Biff and Almanac. I'm guessing this is something to do with back to the future.
It's back to the future part two to be exact. Yeah. I'm too young for this shit. Okay. All right. Well, go see the back to the future series. Even back to the future three and then gets a lot of shit.
It's still a decent movie. I'll put it on the list. All right. I'm on the list. Still got to watch the gentleman or whatever. Are you still not watching that? No. No. It's not streaming. Don't blame me.
It is. It's on Netflix. We get different Netflix. Oh, I have to VPN in the UK. Oh, that's a hard chip. Oh, I have to click one fucking button to say UK London. Yeah, it's tough. Okay. Ah, blah, blah, blah, blah, blah, jet, I fucking hate all of those things.
Fucking rage. Yes. I've been feeling it too, Max. It's society and seeing all the bullshit that Bitcoin fixes that makes me want to rage on all the fucking idiots. You want Palestine free?
Buy Bitcoin. Do you want the Jews to win? Buy Bitcoin. Do you want to be free one day? You dumb fuck. Buy ETH. No, you didn't miss it. Buy Bitcoin. Don't write to me telling me you went and bought ETH and then you lost loads of money because that was a joke.
It was a joke. He didn't really say that. He just calmed down. Calm down. Don't go and do anything stupid. Jet has given you a pre-listen boost to you, Max. I like that one. Just for you, Max.
Thank you, Max. I won't spend any of those sets. That's all you. Real listen, boost for you. I steal them all anyway. Every boost comes to me and I take that as my editing fee because it ruins my life.
I know. I know it does. If you're sending them thinking, "Oh, I send him to John because, "Oh, he's such a good guy and he's fasting and he does all this stuff and he writes the show notes and he creates a show and he does most of the ad reads, he does most of the work and he's handsome and he's strong."
Yeah. Don't be thinking he's getting any. I will be taking them. All right, so just bear that in mind before you boost. It's the editing people. If you knew how much time this guy spent editing to make this show sound good, because it sounds like shit, initially.
Yes. We sound like retards. And I get off recording here and I go, "Fuck, this show sucked. How'd it go?" You know, Sarah asked me. A girl's asked me, "Honey, how'd it go?" It sucked. It's the worst show we've ever done.
That's all. That's all. That's pretty good. I have a special skill which is being able to polish a turd. It's sad that it can't be done, but trust me, it is every month. You done did it. Ting.
It makes that sound, that sparkle sound. Next one is from Chet also. Altair is a dumbass whoa. Always go with Kaboom Racks, Alex or Nick. I don't think Altair is a dumbass. It seems like a pretty decent guy.
But this could be an interesting business model for us, where we get people to go to war with each other. Through boosts, and additionally, if it's equipment salesman, maybe they'll chase their price down trying to compete with each other through our fountain boosts.
So this could benefit us with SAT or you for your editing time and the overall mining community because they're getting cheaper pieces of equipment. Everyone's a winner. Smart move. I like what you've done here.
Eight Mythrandeer, music at the start was great. Thank you. Poor Ben Gunn. This show is just getting better and better, onwards, three ex-commission marks. He was the next episode. That's what he meant.
Yeah. That was a good one. I enjoyed that. Oh, totally. Greg. In. Nice. It's true. Norman. Cunt. Fucking. Bitch. Nice. This is supposed to be a child-friendly show. How are we doing? Okay.
Pretty good. Failing. Yeah. Bond. Noster with a little, like what the surfers do. Hang loose. Yeah. One of those things. Noster. I know it's like the thing and cool and everyone, especially Batman's going to be jumping down my throat.
Oh, you don't sound awesome. Fucking amazing. I know he's probably right. He's quite smart. But he uses it like an online diary. Oh, it's so annoying, Noster, though. Like fuck me. I find just things don't load.
Nothing seems to work. I've got three different clients and I see things on one, but not the other. Yeah, I know it's like the future and stuff, but there is a reason that I don't post that much with Noster.
I just find it really frustrating. There's all these ideas where people are like, "Oh, trust me, what you can do is you don't even need fountain. You can just stream directly on Noster and you just use this noster dot wine dot this, that, and then you get the zaps and there."
I'm like, "Okay, can I do it in like an hour?" No. No. Do you know what I mean? It's like lightning, but you have to make this a part-time job, but if you do, it's really awesome. Yeah, exactly.
Like all this stuff is, I get it. I'm sure at some point it works. I really like the idea, but right now there is a reason that I'm not all over Noster. So I don't really know why I'm saying that other than just spawn, I don't know, I don't even know what I'm saying.
I'm just lagging off Noster. That's enough. You are. And Bon is upset now. Good. Good job making Bon upset. You've upset everyone, you fucking, well, you've upset all kinds of different Noster people.
Yep. Scorched Earth. Nice job. Speaking of scorched earth, wartime psychopath, thanks for all the visuals. Chet, shitting coffee, John with his mirror-wanking fetish and Max's double-dribble.
Double-dribble. Were you playing basketball? No, I think because of the UNPP. Oh, the double-dribble-rated thing. Yeah, yeah, yeah, like that little dots going up the steps. Very little. The wild hustle.
Amazing intro. It was. Great editing, Max. Ghost of Shadrach. Kissy face. Thank you. Oh. God. Shadrach. Oh my. Pies. Pies has five boosts in total, so let's do it. He says, "Let's fucking go."
Got me feeling so militant and bullish AF. Yo, son. All plebminers stand up. G's up, salute. Rocket ship. Cheers. Mushroom. Fire. You need to give more energy there. That was fucking low energy.
It was really good up until you go. Here we go. She's up, salute. And then you go. Rocket ship is mushroom fire. Okay. Try it just that bit again. Just try. Me, me, me, me, you, you, you, you, yo son, all plebminers stand up.
G's up, salute. Rocket ship. Cheers. Mushroom. Fire. Ooh. That was fire. No doubt. Yes, mate. Intro gangsta. As fuck, brah. Then he says, freedom anarchy. Boyaka. Yo, it's been over a month, and I still can't find a link for the telegram group anywhere.
Where's my invitation, brah? We've already taken care of that. It's all taken care of. That's him. He can never join me. Yeah. Not happening. Mining misfit. Oh god. Here we go. Max. Say aluminium.
No. Say aluminium garage. Yep. We were making fun of you the other day. What do you say? You go aluminum garage. Yeah. Gosh. Yeah. Fucking retards. Aluminium. Why don't you add another eye in there?
It's bullshit. Aluminium. Who invented aluminium? I don't know. I don't know. Yeah. Who invented garages? No. No. No. A British fuck. Let me tell you. Let me tell you. He lives down the street from me.
Yeah. So, when I say aluminium garage, I'm saying it right, and when you say aluminium and garage, I don't know what's going on with you, mate. It's embarrassing. Emcot. Cheers, you hilarious twats.
Luffy cry face. Biz. Mm-hmm. We are so early. You guys, Luffy's money face. Love the dark humour. Clearly a coping mechanism to survive the Fiat Matrix. Shuma used to be the best shield against coercion before cryptography.
Inspired to start mining. Good. I like that. That's a good message. Very good. Hashing to heating. Hey! Exclamation mark. Exclamation mark. Exclamation mark. Hey, go right. Thank you, everyone, for all of the fountain boosts.
They are much appreciated. I know BarnMiner had sent his boost over via Breeze. Last episode, we had asked people to give us a review of Breeze and what they do. Breeze did work. That is true.
We were texting back and forth with them. It does work. Don't know about boosts or where them sats went. Max, do you have some kind of channel guy? No. Breeze? No. You better get on it. BarnMiner can be pissed.
Yes. That will just go back to him. No? Maybe. But yeah, we appreciate you trying, mate. We are going to try and work on a new solution. I just haven't had time. But I appreciate the sats.
And we showed you a beef jerky the other day. So... Oh, I hear it all this way. I'll be thankful for that, mate. Apparently it's really good. Oh, everybody's raving about it. Asking him all the time and all the different checks.
Hey, man, are you going to beef jerky left? And when are you going to make another batch of beef jerks? Like crack addicts. Yeah. He has turned a lot of people into beef jerky crack addicts.
I'd buy some. I just don't want to pay the shipping and import duties and all that sort of stuff. But Zalko told me that it's the best beef jerky's ever had. It's very organic so I don't, he doesn't do all the, put a bunch of chemicals on it to preserve it.
Yeah. Okay. You get it. You better eat it soon. Eat it fast. Okay. I have to wait until I go out to America. Someday. And now some statistics statistics. Statistics.
I'm going to tell you the basics for hashing with basics, Bitcoin mining statistics. It's simple mathematics. It's just check it out. I would walk around science. What are we talking about here?
Statistics. Statistics. I'm going to tell you the basics for hashing with basics Bitcoin mining statistics. It's simple mathematics. I would walk around science. What are we talking about here?
Statistics. Statistics brought to you by linkcoin mining. I'd like to thank the plebminer mafia Gumad for her lyrical styling on the statistics track. Linkcoin mining is a pool, an ASIC management hub, an energy trading platform.
That's right. Linkcoin is firstly a mining pool, but not just any mining pool. It's a pool that's got all the right tools, easily audible FPPS rewards, payout structure that allows you to pay all your bills by routing and prioritizing your payouts.
Bitcoin makes it so easy to avoid address reuse with BIP 47 Paynim Payouts. Still don't know of another mining pool that is doing that. That could be part of your privacy stack. Everybody a bit by bit knows that there's a certain bit by bit family privacy stack, and linkcoin is part of that with BIP 47 Payouts.
The dashboard is handsome, user friendly. Additionally, you can waive pool fees by using their partner firm where crypto mines CC. If you've got the rails products, you can automatically adjust ASICs to do all kinds of different fancy things depending on parameters that you've set.
Linkcoin enables team functionality. If you're hosting your miners somewhere and you want somebody to have the ability to log into your miner and do certain things or log into your account and do certain things, but not go all the way, you can set them certain priorities within the team's function.
Somebody just asked that on the Linkcoin chat the other day. That's where you do it. Team functionality. Everybody has been working very hard on his energy trading platform, so you too can participate in demand response programs.
Energy prices can fluctuate quickly. Linkcoin's energy trading platform allows you to react to those price fluctuations. There you go. That's your linkcoin bundle. It's a bundle. So instead of using an array of different products from all over the place, oh, I know
a firm we're here and I need ASIC management from this different company and I need accounting software from this different company and I need to approach these people about curtailment and, you know, adjusting my energy strategy.
Hey, there's just one place and if you bundle all this shit together, it's just like your cell phone bill, except it's probably a lot easier to understand. You bundle this shit together, Medi's going to give you discount.
How can I give you discount? I'm going to bundle. I'll help you. Very nice. So your stacking needs rather than going to SWAN or one of these sort of places, plug in a couple of miners, speak to Medi, get all this stuff set up, pay out to bit 47 address to your pain in on samurai, smooth, smooth, smooth.
Every day you're stacking and no one has to know. Here at the bit by bit media empire, we get a family. We do. You're only friends with people who are down with the family, the mafia, the mafia family.
Never betray the family. It's the only way. If you step out of line, you betray the family. You know what happens. We'll send Chet after you. No, no, no, no, no, we don't fuck around even with Chet straight to body.
Ooh. With the strong hand. Yeah, you know what's going to happen if Chet's at your door. You're going to get slapped up. He's a big guy. He's a big. He's going to mess you up. Yeah. He's got the beard.
I wouldn't want to mess around with him, but you mess with the family, you get a body. It's not hospital. It's the morgue. Whoa. Yeah. All right. Hey, let's lighten the mood a little bit.
It's global hash rate. Global hash rate on a 30-day moving average is 458 ex-hash. Link coin mining's hash rate is still sits over 1 ex-hash at 1.27. That's a little bit of a bump from last month.
To note in case you wonder what the hash rate is on other mining pools, Link coin is 1.27. Foundry is 133. Antpool is 130. That's the big boys. Then it drops down like precipitously. X2 is 57, ex-hash, Luxor is 15, Brains is 6.16.
Then you have your solo mining pool, CK pool is at 24 petahash and Kano is at 17. I just thought people would like a little bit of juxtaposition on hash rate in pools. So Link coin 1.27. Mm-hmm.
So CK and Kano are actually still quite a lot bigger. Oh, they're petahash. They're petahash. Yes, sir. Okay. They're petas and petas and zaitas mixed up sometimes. No, my small time ask and make a big bump in Kano if I didn't want to evade.
Yeah. All right. Well, I'd like to see these numbers continue to rise. Their star will continue to rise. Yeah, I'd like to see Link coin, Brains, CK pool, Kano, like to see them rise. Someday we'll maybe be able to make a dent in foundry in Antpool, but probably not.
Over the past month, the highest one day moving average was 519 exa hash on November 4th smooth out the graph a bit and look at the seven day moving average. The highest was 477 exa hash.
60 day is now 444 hash value. This is the kind of the story of the month. Right now it's 251,426 satz per petahash per day or about $91, but it has been as high as 262 almost 263,000 satz per petahash and that was a $95 day.
Good day. Network difficulty is now 64.68 trillion that difficulty came in at a 3.55% increase. The previous increase was 2.34. The next one will probably be up as well transaction fees as a percentage of block reward max.
This is the statistics story of the month. This is what's happening. Tell me. Across the Bitcoin ecosystem, everybody is noticing the transaction fees, but it hits miners a little bit different.
Yeah, it's hard for some mining pools to pay out and remain profitable on all the payouts, so there is a little bit of a negative, but mostly positive in the mining space. Transaction fees has given miners a bit of a break from the extended bull market and tight profit margins we've had pretty much since the start of this show.
Is it our fault? Probably. Yeah, I agree. Great October transaction fees were solidly in the single digits and they were like one to two percent of your total block reward and you were getting about $60 a day per petahash in October.
BTC price began to jump a little bit late October and that increased hash price to $74, so that felt good right there by the 24th of October. Although Bitcoin price climbed all the way to 38,000 during this era that we're talking about late October into November, Bitcoin price actually hasn't been the main driver of hash price.
Transaction fees have, starting November 7th, the fees began to spike into the double digits. On November 8th, they were at 27 percent and they dipped over a few days, still stayed in the double digits, around 12 percent, then they climbed up again and peaked at 35 percent on November 15th.
Also a good day. That day hash value was $262,000, almost $263,000 petahash as we mentioned before and hash price was $95. Of course, much of the big push here are ordinals and inscriptions.
Fucking chat. He's the main driver for Sotheby's. Thank you, Mr Sotheby, the coin Sotheby's. To date, the wizards have spent over $77 million on fees to inscribe stuff. Wow. I spent nearly that yesterday.
On what? Transaction fee? No, I was ordering some clothing from ungovernable misfits. On myself, to myself, it doesn't make sense. No, I know. It's fucking stupid. But just to make things easy with the accounting, I was like, I'll just order it through the store.
So I did it. This was, I think they were like 200 sats per bite when I did it and I caught myself thinking, I'll tell you what, I'll be a bit cheeky here. I'll just drop it right down to 100 sats per bite because I might be able to sneak that in.
And then I thought, the fuck am I saying, 100 sats per bite, I'll sneak that in. My standard for like years, it feels either four or six sats per bite. And I like, no, like that's banging through pretty quick.
I don't have to be like a guitar and about it and go right down to one. I'm like, I'm happy to pay four or six, you know, whatever. Sure. And I was sneaking in 100. And then I looked this morning and luckily it did go through, but look, this morning, as we speak now, 350 sats per bite, it's purging 27, so purging 46.
Oh, really? Let me refresh. Oh, no, I think you're right. All right. You're right. You're right. You're right. You're right. You're right. You're right. You're right. You're right. You're right.
You're right. You're right. You're right. You're right. You're right. You're right. You're right. You're right. You're right. You're right. You're right. You're right. You're right. I never questioned me again.
That's because of shit. So Chet, just know this, mate. One day I'm going to come to America, all right. And I may be smaller than you, and I may be weaker than you, and I may have less hash rate than you, but what are you going to do?
That's it. Oh, it just ended. Yeah. But, and then I've got nothing to back it up. What a tough guy. Yeah. If you want to keep up to date with the daily block reward average, visit lens.linkcoin.com.
Additionally, you can use the lens tool to audit your daily FPPS rewards. So you're wondering, hey, you paying me out, right? Yep, you can go to lens and you can figure that all out. I am thankful for, back to the thankfulness, to have an easy to read tool like lens to
derive statistics for the show, as well as being thankful for Linkcoin's number one employee, Bobby McBodface, for his prompting whenever I have an issue with one of my machines. Body is right there to tell me.
Chill alert. Yeah. Chill alert. Well, why play the show alert now? I've been chilling for the past 15 minutes. I couldn't find the button. I've been searching since we started recording. My dyslexia failed me.
Yeah, it did. It failed all of us. Hmm. I found it now, though. Good job. Body's pissed. He's been waiting in the wings here. Sorry, mate. Hi, body. How are you? Yo, yo, yo, my boobs. What crack are they in?
Not much. Just doing a show. Just working, mate. What do you want? Mrs. Body. Our little droids and I already have our Thanksgiving as Canadian Thanksgiving is in October, but I would like to share some of the things the McBodface family is thankful for.
That's very nice. Yeah. Yeah. Go on. Please share the things you're thankful for. First and foremost, we are thankful for Electric City. Without it, we wouldn't exist. And neither would Bitcoin.
Second, we are thankful to Maddy for giving me a job. Before this gig, I was scanning groceries at all these. And last, we are thankful for the Pleb minor, Mafia. And especially you too. Max and John, you let the Pleb see that I'm more than a bot that can monitor your mining operations.
Yeah. So, that is what the McBodface family is thankful for. Very nice body. Yeah, I appreciate that, mate. Thank you. Yeah. What a nice guy. Into a nice guy these past couple episodes. Hmm.
Yeah. Definitely warming to him a little bit. Next up, we have our bite-sized Bitcoin segment. And I know everybody, right now, last night, I think, oh, everybody's going to be like, I don't want to fucking hear this.
It's on ordinals and inscriptions and BRC-20, Tope Martin, but I can't get it out. BRC-C, the thing I got nothing up puke, bile. I could, sure, I could drum something up. Yeah.
BRC-20 tokens, the so-fawn BRC-20 killer, which are men like, and how they relate to mining fees. All right. We got to know. I'm sorry. Sorry, everybody. I'm doing this to you. Okay. That's the answer, Max a million von Bittenstein, which means a return sponsor, meaning that
they sponsored the show, and then they didn't sponsor the show and another sponsor on the show again. And that is the Lake Satoshi Bitcoin Beach retreat. How did that slip through the net?
Because normally when a sponsor leaves us, we send bots after them. There should be no return. There was no reason to do that. The Lake Satoshi Bitcoin Beach retreat is a dear, dear friend of the show, and it was inevitable that a sponsorship was going to come back up.
But it's an event that takes place in August. So how early do you want to promote this thing? Very. Very. And the time is nigh. Max, I had a fantastic time at the Bitcoin Beach retreat in Langsburg, Michigan last year.
I was very jealous. Yeah, as you should be. As many know, if you've listened to the episodes around that time, we went out to see Carl and hung out with Chet and Carl on the farm, and even Sarah and I got away there for the night and went to the beach and had a good meal.
I'd like to have a good meal now. That would be nice. Then we came back and sat by the campfire at Chet and Carl and I and Sarah, and we spent the night in the yurt. Next day had a wonderful homemade breakfast with all good homestead foods, and we knew it was all pure and good, drove to central Michigan, picked up a camper, put the camper
in the spot where Ben told us to. Ben hooked us up some water with a faulty hose, which made for some hilarity in midnight with Sarah trying to take a shower with no water. That's okay, Ben.
Maybe next year you'll give us a functional hose. It was a great time. Well guess what? It's happening again. August 10th, 2024, the Bitcoin Beach retreat. It's like a three day thing, so they say that it is on the 10th, which is that Saturday.
But you can come Friday if you want. There's things going on. Saturday is all day events, and then Sunday is a little bit of just getting together, having some breakfast, saying your goodbyes, cleaning up your spot, so on and so forth.
So it is kind of like a three day event. I like this outside events. I think there's something much nicer about it. We have a similar Bitcoin Beach retreat thing here in the UK. I've gone a couple of times and it's so much better than a conference, just that like kind
of being outside, being in nature, meeting real people, not the sort of wanky, flashy stuff. It's just, I don't know, it's definitely a different and much better experience in my opinion.
The whole time that you're doing the Ben Gunn interview and also you've been talking about going to Amsterdam and whatnot and going in for a couple of minutes and seeing a thing and then going back out and meeting up with everybody at the bar.
Well, that's the part that you can do all the time. Listen to me, everybody, this is cheaper than going out to the bar. If you just come up with a vehicle and you sleep in the back of the vehicle or just pitch a tent and a little tiny campsite, they feed you, oh, they give you food.
Good food. They got a big smoker and cooker out there, the mic who owns the excavation company. So this site is sort of an excavation company site and then when you go in the back, it is this man-made lake, but it's beautiful, like parts are very deep.
They dug this on purpose. So like Pike can nest, that's a larger fish. Yeah, yeah, yeah. You don't have to tell me that. We haven't been to Thames, mate. Oh, oh, sorry. Something grows in that shit infested river.
Yeah, right. Yeah, Pike too out of here. You got Pike and Pikeys. We got both. Yeah. When you initially come into the compound there, there's a very large garage, you know, where they have all their machinery and everything, but that's where the conference is.
That's where the talks are. That's where tables are set up and the tables aren't like, hey, this is some financial Bitcoin fag yes service. No, it's it's like I had a boost set up and I had Mr. Crown art out there.
I had stickers. I had no drunner stickers. I had no drunner stuff that Brinky had sent me before. I had the miner that we were auctioning off and that goes to charity. All this stuff goes to charity.
These people are so giving. This is the this is the type of event that you want to attend. This is the real Bitcoin shit. This is the culmination of all the Michigan meetups and they get together in this one big event in Lake Satoshi.
And it's wonderful. You just go there and you have the feeling in the spirit of Bitcoin plebs like this is what it's supposed to be. It's not just for people from Michigan or people that can drive there, dude, fly in and attend this event.
I always think of the, you know, when I was going there, went by some place that was called haul into Michigan and I thought, Oh my God, it's so neat. You know, these guys remind me of the node runners that same kind of spirit.
Hey, node runners, SF, get a plane ticket. Come on out, attend the event. Guys from Europe. I mean, if you got money and you want to come to the United States and go to a Bitcoin event, go to this one.
Don't waste your time at Bitcoin magazine. Don't waste your money. Agreed. It is the one I would go to if I could afford the plane ticket and if I could bear spending more than a couple of hours with you, in fact, we are, we are getting close to my time limit before I start vomiting out by all.
So, yeah, I will sign off that message with just saying, yes, everything that I've seen and heard about this event, the conversations I've had with you about it made me genuinely very jealous.
I would love to go to it. So if you can do it and we'll put a load of links in the show notes and all that stuff as well, you will and I'll just post it. Yeah. That's where that goes. It's very easy to get to.
Lake satoshi.com, Lake satoshi.com, type it in right now. You can pause the show. We don't mind. It's going to be a long one. So you might need a break. What was it again? Lake satoshi.com.
Nice. And now, our bite says Bitcoin. To begin with, what is Bitcoin? One bit 47. A lot of people are familiar with it and liquid is effectively a layer two that one to nine. What is taproot?
Florin taproot. That's the first new protocol upgrade since Saguit. Difficulty adjustment. How to mnemonic seaport spork. UTXO management. The legend. Yeah. You missed it there. Now I wanted to hear it without me doing any marking.
I docked him today. Did you? Yeah. I'm going to send you the link now. Hold on. Okay. Yeah. Docks that little fuck. Hold on. I got a ticket to the Bitcoin Amsterdam and that's the way you treat him.
Yeah. But he is a doing NFTs now. So yes. The problem. Treat a mane to keep him keen, mate. There you are. Writing that down. Treat a mane to keep him keen, mate. Let me check my telegram.
Oh, I can't do this now. What do you mean he can't do this now? It's going to fuck up all my stuff. Oh, for God's sake. No, hold on, I'll just, it's really important to you. I smell that important.
Let's see. I'd have to do it on my phone. I knew it. I knew he looked like that. Pudgy little fuck. Okay. Here's a tough part, Max. We're going to shed some light on ordinals, inscriptions, and BRC 20 tokens.
I wrote this. I'm just going to read it. It's not going to be with any feeling. It's not going to be with any promotion of this particular thing, but we have to know we need the knowledge, knowledge is power.
Here we go. I'm sorry that I have to do this to everyone. I know that many aren't interested in this particular topic, but you are interested in the amount of transaction fees as a percentage of local, I don't know why that doesn't make any sense.
You are interested in transaction fees as a percentage of block reward that you get. And given what has happened over the past couple of weeks, it's necessary to at least review the definitions and terms here.
Facts. Yeah. We agreed upon that nobody likes to tap root wizards. Yes. More facts? Yes. But we do like the ability to be profitable in mining, although they make it difficult for us to use Bitcoin, how we want to use it, and that's monetary transactions, buying your stuff from your own store.
But nevertheless, love it or hate it, you should probably know something about it. Okay. Here we go. It was an idea by Casey Rod Armor developed in developed methodology of describing and tracking individual sets, inscriptions themselves are the digital artifact that are inscribed on the individual set.
Ordinals are a numbering scheme for sets. That scheme allows for the tracking and transferring of individual sets. Sets are numbered in the order in which they are mined and transferred from transaction inputs to transaction outputs, ordinals, store, texts or images.
Once those ordinals have the ability to identify and tag individual sets, they then are allowed to connect those sets to a digital file and then broadcast it via a loophole in taproot. That particular loophole enabled data limited only by the block storage size using opcodes, the script that can store arbitrary data.
The best analogy that I have seen here is that if you have some sort of paper currency and one paper currency is labeled with a serial number 100 and another piece of paper currency, the Deutschmark pound or dollar or whatever is labeled as number 101.
Just listen to me. This is more halfway through this and it has somebody's signature on it. The Queen of England. This is my signature. That's possibly could be worth more to somebody who gave a fuck about that dead cunt.
All right. Ooh. Yeah. You're getting bored, so I had to spice it up because you like the kind of eco attention for sure. We go. The Queen of dead cunt. Oh, I'm back in. All right. A lot of people were agnostic to the whole ordinal in inscription craze as it was I as
I'm usually agnostic to just about everything until it started happening until the bloated transactions were competing with actual transactions, then we start to be not agnostic, but we start to give a shit paying attention because almost 78 million dollars have been spent on inscriptions.
It's a lot of fucking money because on dates like November 12th, people spent 4.5 million dollars in scribing things on Bitcoin. The week ending November 6th, 341,000 transactions paid over 100 sets per V by that week.
You were probably one of them ordering your clothes. Week ending November 13th, almost 628,000 transactions paid over 100 sets per V by almost 3/4 of a million transactions paid that much, which seems ridiculous to us as we've just discussed earlier.
You can look through the inscription activity and see that on week ending May 8th and we've talked about this before because it was kind of an exciting time on May 8th, May 8th was our big 70% transaction fee day that 2.1 million inscription type activities were counted.
So people are doing this and it's paying out and it's affecting transaction fees. We also need to explain what a BR- the fuck is that? We also need to explain what a BRC20- I need to body say this, BRC20, no, he's gone, he's out pimp him.
We also need to explain what a BRC20 token. I promise that this lesson in shit coinery is almost over, Max, I promise, but I promise you also that it's a discussion worth having. Long story short, a BRC20 token is some kind of ordinal shit coin.
All right, let me get that going. But if we look at the chart, oh, this is so shit coiny. If we look at the chart of a token called ORDI and overlay it with the data that we actually care about, which is hash price, hash value, transaction fees as a percentage of block
award, it actually tracks this fucking token tracks the same looking chart of transaction fees and hash value and hash price. As much as we want to attribute Bitcoin price and mining rewards to usage, to transacting value peer to peer to the number of miners contributing their hash rate or difficulty
adjustment or profit versus your expenditures on machines and electricity price, this ordinal and inscription and BRC20 activities are affecting mining in a big way. And even though these terms and practices may be undesirable to some, it's worth at least understanding to help harden, solidify, or even continue your mining operations.
If you were on the brink of going out of business, hey, this hash value over the past couple of weeks sure does feel good and gives you hope for the future. It's actually talking to Eddie the other day.
And he said like the mood is was a lot better at this North American blockchain summit that he was at and baselet was at versus disrupt, just because of price. Yeah. Well, I guess the takeaway for this is one, people are going to continue to do dumb shit.
If you know that people are going to do dumb shit that is going to affect the fees, probably the smartest thing you could do is to hedge some of your risk if you actually transact. And so how do you hedge your risk?
Run a few miners. If you're running a few miners to stack your stats anyway, when you have to try like yesterday had to pay that transaction fee, I was like, fuck it, whatever, like, you're just going to pay it.
Like this is what Bitcoin is for. I paid it, but I still felt a bit like, I shouldn't really be paying all of this. And then I thought, well, I'm running miners, I'm collecting fees and effectively this is a hedge.
And so whatever I'm now making with the miners, I'm now spending with the fees and I am how I was before, rather than bitching and moaning, I would suggest people think about actually plugging some miners in.
I think of one week, I had like 500,000, 600,000 more sets, and I got the previous week just by the transaction fees as a percentage of block reward, struggling with that one. So I don't really did.
It's just the first thing. Yeah. I'm not a definitely not a sharp if you couldn't tell, not a complete blunt, but you're not a sharp thanks almost on here. Many of us think that this is a fad that's going to go away.
But our good friend, Sollex just posted an article in the mess that I'll saying that the taproot wizards just raised $7.5 million for their ordinal project to supposedly bring back the magic.
Cool. Saff. Fucking turds. Oh, I kind of like him. No, get the fuck out of here. If you really hate all this shit, put your money where your mouth is. There is a bot called Sophon that looks for incoming Bitcoin transactions that involve ordinals and snipes, certain ones by paying a fee to jump in the line to take the ticker name.
You know, so all these BRC-20 tokens have some kind of pizza, dildo, you know, whatever. Same as all the traditional shit coinery, same fucking thing, but this Sophon bot will look for these BRC-20 tokens and take the ticker name just by having a higher transaction fee.
Oh, yeah. On November 8th, the Sophon bot killed 88 BRC-20 token tickers. So that's not bad, but 195,000 got through. Wow. Fee woof. Yeah. Hey, either way, it's a win for miners in the short term, at least.
Yeah. Presumably this doesn't go on forever. Yeah. Right. One way to look at it, I think it's like when fees are low and things are hard as a miner, at least when you're transacting, it's cheaper.
And then when fees are high and fucking wizards are messing around with spells and potions and lotions and whatever, at least then you're going to be earning some stats. So I think it kind of levels itself out by having a few miners running.
Then it is the full stat, like we talked about earlier, have a few miners running, get paid out to your pay name, mix, actually use Bitcoin, spend it, use it by beef jerky off that fucking retard.
Yeah. Everyone's a winner. You're hedged. Happy days. Happy days are here again. I've got a P made. Timey. Oh, actually, I'm going to timey as well, this fucking guy. I'm shaking a bit. I've not eaten either, not as long as him, but I've not eaten for probably 15 hours and I've had so much coffee.
I'm actually jittering. Yeah, I'm going to be jittering when you pee. As we established last month, someone of John's ilk will not have Bluetooth headphones, so he won't be able to hear us.
So there is no point in me abusing him, but I'm going to do it anyway. I wonder how many days John could last without eating. He's done probably 84 hours now, which is pretty impressive. I wonder whether John could do 80 days without food.
Oh, I did the timer rather than a stopwatch. So now it's going off, just turn that off, they're just saying I wondered whether you could do 80 days without food, 80 days. Yeah, I know. I'm just wondering what your limit is where your body would shut down because you have a lot of fuel in the house.
Yeah. Right. A lot of fuel. I'm good. I'd say two months. I think two months. Yeah. I think you could probably stretch it to 80 or 90 days. Oh, I bet you there's some calculation where you could take your body fat percentage and take your caloric expenditure and get some kind of estimate.
Yeah. Well, as a percentage, what are we talking? My body fat percentage? Yeah. 25. Oh, really? Okay. Is that a lot? No, no, no. I was thinking it would be way more than that. Max, you see me.
It's not like... Yeah, I have. Like, blubbery fucking turd. I was honestly, and I'm not just saying this in a nasty way. We're friends. I have a lot of respect for you. I know you work hard, but I was thinking at least 70%, and that would when my calculation was coming in, I was like, "He could do 80 or 90 days."
People don't know this. The Max and I have attempted numerous times to have this, like, encourage each other to work out and eat right thing. Hey, I did good today. You know, I had beef and worked out.
Oh, me too. I did some pull-ups today in a minute fast, and okay, great, and it's last about three days. Yeah, we did. We were on a roll, I guess. We did a while, and I was actually quite impressed.
We were both doing really well. We're doing more and more work out, so we're eating cleaner, and then it just fucking fell apart on that. It did. I smashed a bottle of wine last night, and just been eating shit.
I keep just going, "Oh, life's hard. Yeah, I will stop at the little truck stop, and I will have a double-ache, double-ache, and double-began. Oh, my God, new first thing to do, I'm just a fucking retard, double-egg and bacon-bap."
And I'll stop often now, literally, I'm like ordering it, I'm thinking, "You fat useless cunt. What are you doing?" What are you doing to yourself? Look, the state of you. You're a fucking loser, but I do it anyway, and I think we need to get back to this, but next year.
The personal insults help, "Morning, you fat cunt." Yeah. Well, I don't want to be fed, called a fat cunt anymore. No, I imagine you still would call me fat, if I don't know. No, I think you honestly, I'm impressed with what you're doing here.
83, 84 hours, whatever you've said, that is more than I've ever attempted. Don't worry. I'll gain it right back. Oh, no, I know you will, and you've got plenty in the tank. Till February.
If you're only 25%, don't attempt 90 days, I think you would genuinely die. I'm going to know, apparently, you think 25 is a really low estimation. Yeah, I mean, I was shocked by that, I mean, well done, because honestly, I was thinking 70.
Fuck. All right. I'll have a good one.
I'll have a good one, and I'll have a good one.
I'll have a good one. Hey, welcome to Club Monamotley Action News, brought to you by Ungovernable Misfits.
Max, where do you go when you want to buy clothing to cover your fat ass? Well, to cover my fat ass, I will probably still go to Little or Aldi, whereas the cheapest sports direct where your mom gets her socks.
Yeah, whilst smoking rollies in the bath. Yes. I will go to Ungovernable Misfits, who'll my shit up a rig, t-shirt hoodies, Ungovernable Misfits, and I'll even do it and spend 100 cents per bite to do it, because the clothing is exceptional.
I am wearing it as we speak, I look fucking gorgeous, and I'm hiding my belly nicely because we've gone for the black, which is what I've sent to you as well, only black and I white. Thank you.
I mean, I'm shitting my own stuff here, so it feels weird. Whatever. Hey, Max. I don't think people truly understand why nobody is doing gear like this. You find me somebody in the Bitcoin space that is doing gear in this way, I'd be amazed.
I don't think anybody else is. Everybody is doing, I'm involved, or I have a subscription or an account at this place that will do one-off prints, one-off embroidery, so on and so forth, per order.
This is completely different. It is. And honestly, everyone who I've given this stuff to, everyone who's bought it has been right. So me and saying they're really impressed with it. It's just fucking nice.
Very heavy cotton. The print is done in the old school, proper screen printing way. The packaging we care about, you know, just, we're not fucking around. Yeah, I would check out the website at www.ungovernablemissfits.com and go to the clothing tab.
You'll see, as people receive it and post-selfies, someone did that the other day that I retweeted and you can ask people, be like, "Is Max talking shit?" I know he does usually. Are these clothes actually any good?
And they'll go, "Listen, he's a fucking retard and he lies all the time and he does talk shit." Oh, God, and he's fat and, you know, all the rest of it. He told other people fat, "head nauseam."
But the thing is, if I call you fat, it makes me feel better about myself. No. Do you want to say, "Bring you down to my level." Yeah. Yeah. But in this case, they'll say, "All that said, the clothing's fucking nice."
And you can go and verify for yourself at www.ungovernablemissfits.com. It's real pleb shit. It is. Oh, and the art. Check out the art. One, two, on there. Crown's got a ton. Oh, no. I've got a lot of Crown art.
I'm going, "Yeah, mine there, have you? Fucking no support there, is there?" Oh, there is one piece of art I told you I wanted. And I said, "I would buy that from you." And you said, and I said, "It may be a good thing, but something you said may not give it to you."
Yeah. Well, I will give it to you. That's not for sale. No. I'll just give that to you. I love you. I don't get time for it anymore. The last painting I started, I started two and a half years ago and I haven't been able to finish it.
You've done a lot. Moved houses and stuff. Yeah. Done loads of shit. One day, maybe after the next hell-finning, if we have a big bull run, I might go, "Do you know what? I'm going to pay an editor.
I'm going to cut back on the fiat mining, and I'm going to just spend some time and create some art because I miss it." But until then, that's why Mr. Crown stuff. I have the Mr. Crown Game Boy Bitcoin miner.
I don't know. I don't know. That may be limited run. All of this stuff is 21 prints, right? Yeah. And I have the hash rate highway. Ooh, yeah. I like that one. I have the revolution one, the match matches, like lean over and look.
And the fuck around and find out one, the bomb. Yeah. I get that one too. And I have a very special custom pleb miner skull one off that he did for me. That's rare. Ooh. That's real rare art.
Thank you. What high transaction fees either? Real rare art. That's it. Check this fucking inscription, then buy real rare art. Put your money where your mouth is, pal. Put your sats where your hall is.
Yeah. Hey, I like that. Put your sats where your heart is. Let's write that down. Writing it down. First up on Action News is the Nico Smid sub stack. I love Nico Smid sub stack. I really do.
I feel like he speaks to me, you know, and he's a good supporter of the show because we support him. He puts in the sub stack podcasts to listen to. And it's actually real mining podcasts.
He doesn't say listen to McCuck. All right. This is about AI, AI and mining. I know we had ordinal subscriptions and now we're talking about AI, we sold out. These are things that miners are thinking about.
It just really is. It's the 2023 buzzword with the quick rise in popularity of chat GPT. It became clear that artificial intelligence, including generative AI, gen AI is going to grow in the coming years, AI compute intensity is doubling every six to 10 months.
Many discussions focus on how AI will transform companies, careers and communications, but none of this is possible without an infrastructure that facilitates this increasing demand. During 2023, various prominent miners announced their integrating generative AI into their business.
Is AI just a buzzword that public miners use to show shareholders they keep on innovating and adding value, or is there more to it and should miners consider dedicating rack space to AI services?
It's just an interesting question, okay? AI hardware and architecture. AI focuses on creating systems that can simulate human intelligence, not very well, in my opinion. It involves tasks like machine learning, deep learning and natural language processing.
Data centers enable this by using high performance computing HPC clusters. I guess that's their version of the ASIC, which are made up of multiple servers connected through high speed networks that allow for parallel processing.
HPC offers often uses specialized processors like GPUs or FPGAs. AI specific hardware like TPUs, that's a tensor processing unit and specialized AI chips are also increasingly being used.
Boy, I need to eat. Yeah, you're struggling, am I? But it's okay. It's okay. We're going to get through this. You run a marathon and you just sprint that last 100, 200 yards or so. That's where I'm at.
Bright through the wall. They say, don't they? Bright through the wall. But if I were to break through all, it would look like the Kool-Aid man. Hey! I think you could bright throw a wall.
What the hell? Miners have an edge. Modern data centers, especially those built to support high performance computing, HPC and artificial intelligence, have high power densities ranging from 10 kilowatts to 20 kilowatts per rack or even higher.
This compares to three to six S19s, which is the most dominant model in Bitcoin mining machine in the industry at the moment. S19s are nice. So miners are used to operate very high power density hardware.
Like A6, the HPC and AI specific hardware generate a lot of heat, which requires appropriate cooling techniques. We know how to do that. He goes on in the article to say why miners should consider adding AI services.
This is, in my opinion, for a large mining institution, but it is something we should all learn about. Integrating HPC and AI services into a Bitcoin mining company's operations can offer opportunities to diversify business and explore additional revenue streams.
This allows the Bitcoin miner to strengthen its position in the rapidly evolving industry. Just like Bitcoin mining hosting services, facilitating AI compute services creates a predictable and steady cash flow as revenue, which is not directly impacted by the volatility
of Bitcoin price or difficulty adjustments, or I would add transaction fees as a percentage of blockboard. This can improve the resilience of a business and increase the hodl power of a self-miner.
This enables a miner to determine what is the best time to sell BTC instead of being forced to by market conditions. If you would like to read more, visit nikosmid.substack.com. What do you think, Max?
I think it's going to become the norm. This integrated system, where you get a little bit of AI, a little bit of Bitcoin mining, makes sense. You have a certain amount of power that you have to take, you have an agreement.
Sometimes it doesn't make sense to have the miners running. Sometimes it makes sense to be part of these curtailment agreements or whatever. Sometimes it doesn't make sense to run the miners, but also it isn't the right time for the curtailment.
And at that time, you have a load of power, which is like, "What do I do with it?" And it seems like more and more people are using AI, there's going to be more and more power needed and that's more consistent.
So it just, yeah, it makes sense to me. It doesn't have to be AI. It can be anything where it's like you need compute power and it needs energy and you're already running a place that's kind of like a data center.
So yeah, that's what I've reached about it. It makes sense. Wouldn't it be interesting to see hash rate jump up and down and know, "Oh, well, that hash rate's actually now going to AI computation?"
Which could mean more for the people that are strictly Bitcoin mining, so they could do well for the pleb miner. Hey, hash rate drop because this large contributor to global hash rate just went offline or just under clocked because they wanted to pivot to AI because it made more financial sense because they're thinking in the macro.
All right, so if they make $1.5 million instead of $1.3 million, that's only a small percentage increase, but that's, you know, $200,000. Yeah. Yeah. All right, so that's the Niko Smith update on AI.
Once again, something you may or may not want to participate in, but it's good to know. Good to know about. We do not have a base load update this month. You hear me? Mr. base load? Nope.
No update. He was busy. Lazy. Cash checks and snapping nicks to North American blockchain summit. He was hot stuff. That's what he told me. Oh, really? People are after him. They're all up on his jock.
He told you that. Did he say those exact words? Well, no. I made them up. Did he imply it in any way shape or form? Yeah. Totally. No. Yeah. He says motherfuckers was all up on my jock and shit.
That is something. That's something he'd say. It's those cowboy boots. Yeah. I don't know if he wore them down there. I have to ask him, John, John, people all up on my jock, John, come on.
We do have an Alex update of sorts. Kind of put it out there before the show like, hey, anybody got anything going on? What's exciting? What's new? And Alex, he chimed right up there. So Alex has a sort of an update.
First of all, he says the M60s, the What's Miner M60s. He said he really liked their stealth launch. And I said, what the hell is his stealth launch? He said, well, usually Bitmain will do this whole big dog and pony show.
Look at our new miner. It's so great to start fantastic efficiency, so on and so forth. Get your pre-orders in now. It'll release in three months. They like to get that hype up. They also like the mine with all these machines first before they ship them out to everybody else.
Mm-hmm. But what's mine did it a little bit differently. They basically said, hey, here's this machine and we have it now. So he called that a stealth launch. I think that was just like a call to character maybe for What's Miner.
He liked the way that they rolled that out. But speaking of Bitmain and the way that they do their launches, the S21 pricing, that's why you have that. Get the fuck out of it. This isn't a shill.
This is Alex's update. Fucking love them. Mm-hmm. Those are banging, banging, love them, love them. As described, there was like talk like, oh, somebody's getting 25 joules per terra hash and not as advertised.
I'm a solid 23. All good. Haven't even under clocked them yet because I don't have to. I like them. Like them a lot. Shill over. As 21 pricing is going up for pre-orders, Alex sees a potential ASIC bottleneck and feels that miners are bullish.
He expects to see difficulty continue to go up through the halving, which I think nobody disagrees there, but he did give me a little bit of alpha. He says, people are doing large deployment with older model miners, which I then said to him, well, they must have really good pricing.
And he's like, mmm, mmm, mmm, mmm, you know, like that kind of thing. So here we go. Another example of people not adhering to the pizza shop model. What are they doing buying a shitload of used older gen miners and going on grid?
It's not profitable. Yeah, but they might have other reasons. Like what they might just be thinking, fuck yeah, I just want to get my hands on as many cents as possible and I want them to know KYC and this is the best way to do it.
These are big deployments he's talking about. Some people have big money. Yeah, you know what he calls them? Big dickers. He's saying these big dickers, big dickers, I said, well, I don't think I've ever heard that term before.
I'm going to add it to my vernacular. Big dickers. Yeah. Yeah, we use that here. I like it. It's added. Big dickers. There you go. In the room? Yeah, sure. I use that one. Big dicker though.
Okay. Anyway, I said, is this like a money laundering scheme, like art, buying all these miners and then doing your depreciation thing and then saying I have all this capital in mining and look at my operations and give me more money and investors and all this stuff, it's probably some kind of shit that's way out of my scope.
Could be. That's what may have missed a crown I've been doing. Yeah. That's money laundering. Sixty dollars at a time. Yeah. It's a big operation. Hey, there's a new miner coming out. I don't usually get excited about these things.
Do you? A new miner coming out? I have to say that it's stuck out of it. It doesn't really do it for me. Doesn't tick them a voles. No, it doesn't tickle my big dicker. Hold on. Let me open the article.
That's all like unimpressed. I wasn't even sure I was going to do this one because it unimpressed me. So do you want to read it in a very dull monotone way? Sure. Upstart Bitcoin ASIC designer, Arduwing, launches two Bitcoin miners touting an efficiency that could compete with the Bitmain's flagship and Binerist 21.
Arduwing said that the AT2880 air-cooled model is capable of achieving an output of 260 terra-hash with an optimal efficiency of 16 joules per terra-hash while the immersion cooled one is 375 with an optimal efficiency of 15 joules per terra-hash.
Arduwing added that its energy-tuned and auto-tuned technologies allow our operators to overclock at underclock the miners based on the demand response needed of the electrical grids. Arduwing announced a Series A funding round in May this year with $81 million.
Bitcoin mining giant Marathon revealed an investment of $35 million in R&D. Awesome. What's that? In cooler news, illegal Bitcoin miners steal $2.4 million of electricity in Taiwan. Yes, you like them articles.
Yeah, these products have been caught allegedly stealing $76.83 million, which is a proxy. That's in Taiwan. Taiwanese currency $2.4 million worth of electricity to fund their Bitcoin mining operations in Tai-Chang, Taiwan's second largest city.
The Tai-Chang District Court said on Thursday that the case dates back to March with a criminal investigation bureau identified two Bitcoin mining farms in Xigang in Sha'lou districts in Tai-Chang.
I have to say it with a specific accent to be accurate. The investigation tied both of these facilities to a man with the last name of Huang. The police discovered that the mining operations were part of a larger operation and expanded their investigation in cooperation with prosecutors.
Eventually, the investigation uncovered that Huang had also built three other Bitcoin farms in Tai-Chang's South District and Dali districts and asked the court for permission to arrest Huang.
That is a shame. I think he's been listening to our show. I think you constantly telling everyone, "You know, it'd be a part of it." No one's going to catch you. Me? Yeah. Perched on my gay little pigeon pole.
It sounds like this guy's a real one. I'm sorry you got caught, mate. Yeah. He must be Huang like a donkey. Oi. Oi. Oi. Oi. Oi. Oi. Oi. Oi. Oi. Oi. Oi. Oi. Oi. Oi. Oi. Oi. Oi. Oi. Oi. Oi.
Oi. Oi. Oi. That was pretty funny. He doesn't find it funny. No, he doesn't. Actually, it's not that bad. It's pretty funny. I'm laughing from jail. Okay. We're verging on racism. Yeah. These are questions.
We love you Huang. We love you Huang. Love you Huang. Fuck's sake. Right. That's too far. Too far. Too far. Okay. Sorry. Hey, here's something that's too far in its old Dick Greaser from the Bitcoin bugle.
We got an awesome Dick Greaser article titled, "Why Freedom Tech?" requires you to sell your dignity self-respect. Ooh. Chassis. Yeah. Imagine you have the most powerful technology in the world for the potentials disrupt the entire financial order and eliminate central banking.
What would be the proper direction to take? Well, it's obvious that the only step forward is to sell out. Why should you buy into a system that threatens the established order in an attempt to free yourself and others who have been financially, spiritually, morally, and physically conquered by psychopaths?
The obvious rationale would be, instead, try and court these psychopaths who believe in their political authority to rule you for cheap engagement on social media and a handful of NPCs buying your conference tickets.
Come on, guys, central banking is not that bad. Inflation only hurts a little bit and is transitory. Because wars are good for the economy and national security. That's why we shouldn't be taking Bitcoin back seriously.
It's more of a social club, a tough philosophy, and how the world should be different instead of actually changing the world. The last thing anyone should do right now is take the risk of noncompliance in the face of watching bankers and politicians destroying everything.
Compromising with murderers and pedophiles is what will bring a bright, orange future. We must compromise our integrity at every opportunity we can. First, we must engage with KYC for mass adoption.
Then, we must beg for regulatory clarity and get ourselves captured. Then, we need to misallocate our wealth towards politicians' campaigns, only for the government to attack us despite the bribes paid because technology we use is still an existential threat to their existence.
Creating lasting change and putting evil people in their places does not matter. That account is the interviews you get to shoot with politicians on the way. When politicians say nice things about Bitcoin, it means we're winning, right?
Especially politicians who will never win. The worst thing you could do right now is to build a parallel circular economy outside their control. Please attempt to vote your way out of this instead of realizing the state hates you and we're at war with these criminals.
Satoshi designed Bitcoin having to coincide with presidential elections as a reminder to get out and vote. He wanted everyone using Bitcoin to be completely obsessed with politicians to the point where they are drooling when they walk by.
We were meant to compromise our dignity to feed into a system designed to abuse data. Attempting to create a future worth living in for our kids and grandkids is a fool's errand when we can just comply and ally ourselves with the looters today.
Don't just sign that paper tonight she said, but I can't work in fast food all my life. Yeah, I totally agree. Vote your way out. Always. Just vote harder. Mm-hmm. That'll do it. You know what we need?
We just need a politician who gets Bitcoin. They care. This is awesome. They just want to help. I always want it to be loved by a politician. Yeah. I love you. The kids do as well. I love you all not long.
That's my Bill Clinton impression. I got that. Thank you. I don't know. I don't know. I'm too young for that. I'm so young and good. I'm too young for that. Oh, back to the future. I don't know.
The Almanac booth. And the Almanac. I don't know. That's what I'm going to back to the future reference. Oh, no shitty said back to the future. Sorry. All right, mate. I'm hungry. I know.
I did a bit hard that. That's what we're coming out now. Oh, no, we got like about 10 minutes left coming out in the wash. Mm hmm. Yeah. I really feel well. We just have some chills left.
Talk about her friends and stuff. That's the end of action news. Chills, got ice on my mouth. Don't care. I can't eat. Okay. It's a dick.
Hey, hey, just because I went off a couple of minutes ago being rude, barman of jerky. I don't know if he has any. All right. So listen, he does this when he's got time or when his daughter is motivated to want to help dad out with things, you know, so when he tells you he has it, he has it.
And then you pay him sats for it and you get it. And then you wait, like, I love how he's built this sense of anticipation. Moxing genius who somebody effing called me and it came into my Mac book here.
And I was like, Oh, fuck, this is going to ruin everything. But it didn't. Oh, good. Anyway, they're calling you. You got to hear that beef jerky. You know, he's going to bomb on it. You just picture him.
He's not answering. It was somebody from the NSA listening into our voice over. I'd be calling. Yeah. I fucking hope. No. Uh, oh, I did like on your board and link coin hat giveaway, but nobody interacted with the tweet.
Not really. Like some, some guy I don't know, but, uh, who did Opal Marcynco wanted to hat. So Paul, you get a body hat and a mopar mining interacted with it and say, can I also have a body hat?
Well, that's good. Cause I only have two left. So you guys get the body hats for a nice Paul. If you want on your board, let me know, um, mopar, if you want on your board, let me know, or if they say no, I'm just going to put it up in the, in, in our group, because sometimes these giveaways piss me the fuck off.
Mm hmm. I don't mean to be a dick. I'm sorry. I'm hungry. I'm sorry. I get these new boards and I get these hats and they cost money to ship and, you know, I see your true colors shining through, I see your true colors shining through.
And that color is dark, dark, dark. Okay. I thought about something you have like, uh, levels of intro, intro, entry level home mining. Mm hmm. And the first on that can be this bit acts thing.
Do you know about this? The bit acts, the open source board with like one or four s 19 XP chips on it and it's got Wi-Fi and it's very easy to use and get like one terra hash out of out of it.
Pretty decent efficiency. That's like your starter. Mm hmm. Then you go to like the crypto cloaks s nine space heater build thing, printer. Just a couple more minutes, printer enclosure off.
That's the next thing. Then you get like, I'll tie yours come out with this bit chimney. Does it fricking single board s 19 in that just like a sat stacking pleb is doing Travis bit cool is doing?
Well, he's got like a one that he's been assembling in his workshop for sale. Like that's these are the levels of the home mining thing. It isn't the heat bit thing where you like can give some of your hash away to somebody else for a discount on on the heat bit.
This is the level of small scale home mining home heater things. Then if you want to build up to the goofy level where you're building big giant boxes in your basement in your attic, well, that's up to you.
I just wanted to mention that because these things are all very prevalent now, and we've had a very warm fall. So it extended you get a little bit more time to prepare for these things. Lastly, our friend 10 sigh, Ben Kai, is having a South Africa meet up conference kind of thing.
Yeah. And I think this is especially important he contacted me a couple of weeks ago to talk about it. And I said, that's very exciting because it's in winter time and they're in the southern hemisphere.
So some of us might want to get the fuck out of the cold and go to a beautiful beach. That's warm with wonderful Bitcoiners. Additionally on the South Africa thing, this is more important than a Bitcoin magazine event, not to be smart, anybody.
This is more important than the Bitcoin Amsterdam event. Why? Because they are on the verge of economic, political and social collapse. These people are more on the brink of actually using this as freedom tech.
Very bad. Yeah, we've had him do a bite size Bitcoin before that we talked about on mining with unreliable energy. Listen to his story just on that and you'll kind of get it from the mining side.
But there's a lot more like, you know, we'll talk about it in the messed adult. There's some pretty fucked up things in in South Africa. So this can be a beacon of hope. So this is not a paid sponsorship.
Just doing this because we love you tensai and we believe in the South African community. You guys can really help bring in social, economic, political change through Bitcoin. The real way, not the Satoshi action fund, not sucking Robert Kennedy Jr's dick or getting
all excited about Ted Cruz or some other person that can memorize a bunch of Bitcoin talking points. This can be real political, social and economic change. So everybody, please check out.
This is just a free chill because we love you tensai and we believe in what you're doing down there. Adopting Bitcoin dot org slash Cape Town hyphen 2024. Okay. Can we put that link in the show notes as well?
Yeah, of course. Nice. Tensei, one of the best. Love that guy. Love him. And keep encouraging him. He has the best radio voice. He does have a very good voice actually. Yeah. It's straight up good.
So get him back on the show. Well, I ask him every day. I ask him every day. All right. Ten sides. This is your kick in the ass. Yeah. Call Max back. Let's get. Let's hear an interview from you.
Please, mate. Please have some more place, sir. All right. Are we done? Can you go and eat? Yeah. I guess so. Are you going to eat now? Is that what's going to happen after the show? That's what I was planning on.
Yeah. It's like, Oh, let me see how fucked up. I can make the show by continuing to fast through it and thinking about food afterwards. I think it did a good job. Yeah. You did a very good job.
And what are you going to be eating? What's your first? Some broth and then one egg. Hmm. Okay. Don't push the boat out, mate. No. Fuck me. Dude, if you like chow down, you will get like instant violent diarrhea.
Just fucking go for it. No. You're a bad influence. Yeah. No. I was thinking like if I was in your position, when I've done 24 hour fast, I'm like, Oh, I'm going to fucking eat the world.
I think like smash roll, I just steak and chicken and whatever. But you're like, I'm going to have a little broth and one egg because it was an 80 something hour fast. Like you got to bring everything back up to speed.
I don't really have a lot of bile right now. I couldn't even puke it up talking about the BRS. One quail's egg and a shot of broth of Robin's egg. All right, mate. Well, I'll let you go enjoy and yeah, I'm going to get everything.
Okay. Snap to it. It was relatively enjoyable speaking to you. Yeah, which I could say the same. Adios. Bye.
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