HASH RATE IS THE PRICE.

HASH RATE DOES NOT LEAD PRICE. HASH RATE DOES NOT LAG PRICE.

HASH RATE IS THE PRICE. IT IS THE FREEST MARKET IN THE WORLD: ENERGY FOR BITCOIN.

https://m.primal.net/HTqA.png


Good point. But traders gonna trade and they’ll use whatever “metric” fits their intent.


Hash rate is the only one bullish enough 😃


Correct


Unsustainable


Not necessarily. No matter how high it gets you won’t get any more bitcoin or faster


And water , don't forget water for Bitcoin , without which it cannot survive.


Viva la energía de #btc ⚡⚡✨✨✨
GM Odell 🫂☕


Bitcoin is energy


WAIT TILL ENERGY RICH COUNTRIES STARTS TO PLUG THEIR MINERS 🔥


How much work is the world willing to put into adding new blocks? Hash rate. Everything else is a derivative. Stay humble, add hashrate.


Few


understand


Ordered some bitaxe and a Apollo 2 after the dispatch


NUMBER GO UP TECHNOLOGY


STAY HUMBLE AND STACK HASH
nostr:note1nylr37sqafssn6894uv7fk4p6sy3vwwauqqq83luphqm5w6jr4kshs55w9


This Odell guy says a lot of smart stuff, but why is he always yelling?


AND A VERY GOOD MORNING TO YOU AS WELL


Also, getting an error trying to zap you. I’ve seen this before. Is this a Damus thing nostr:npub1zafcms4xya5ap9zr7xxr0jlrtrattwlesytn2s42030lzu0dwlzqpd26k5 nostr:npub1xtscya34g58tk0z605fvr788k263gsu6cy9x0mhnm87echrgufzsevkk5s ? https://image.nostr.build/acd3440d8777778000578cf25abfebf9db1cacc11f1225d94b58efad10c096de.jpg


Your post is making waves.
Added to the https://nostraco.in/hot feed


The same cloth of suits that do fuckery for fiat markets (coinbase, binance, ftx, other rugpulls) for bitcoin also do fuckery for mining stack (industrial captured operations, antminer maker, country's "bans", hacked botnets for altcoins). Both attempts to TRY to gain some semblance of control via dumps & pumps.


Compute is the new currency.. simple..

#btc is the only way to put guards around rampant compute consumed by AI .. in essence AI projects must give better ROI than investing compute in btc

Proof of stake is AI ..


I sure like the smell of hash rate in the morning!


From: nostr:npub1jggj3tdr33rrakqn0n7l0xyhnuuuhg2qwaeyl90xf8znex0wwldsx9qlx9


HASH RATE IS THE PRICE.

HASH RATE DOES NOT LEAD PRICE. HASH RATE DOES NOT LAG PRICE.

HASH RATE IS THE PRICE. IT IS THE FREEST MARKET IN THE WORLD: ENERGY FOR BITCOIN.

https://m.primal.net/HTqA.png


Huh? Can you explain that to me like I’m a ledger user?


makes sense


measuring in fiat does not make sense

measuring in energy makes sense


This was a great point you made on RHR.


Hey Matt...any chance of doing a video on Citadel Dispatch about how to use Nostr? I joined and learned how to follow people, but that's about it (and even that doesn't work sometimes as all those I follow seems to disappear). Also, not owning my own node I'm a bit confused about what wallet to use (can't use sparrow) for zapping.  Basically, a video that could teach your Grandma how to use Nostr.


Try nostr:npub1getal6ykt05fsz5nqu4uld09nfj3y3qxmv8crys4aeut53unfvlqr80nfm it's custodial so don't keep any amount of SATs on there that you don't want to lose. They have a great product that's super easy but historically you'll do much better assuming that custodians will steal your SATs without warning at any time.

Think of it as a donation that they'll take at some point for creating such an easy lightning wallet for nostr


Looks like god candle


A reference source for non-technical people w a glossary of terms used on Nostr would be helpful .  It would facilitate learning about bitcoin and open protocols.


This will be the way goods are priced in bitcoin once we leave the anchor of fiat measurement.  Sat to hash ratio.


C'est plus au niveau de l'extension Alby où c'est plus complexe pour les non tech . Je reçois des zaps mais impossible avec Zeus sur mon téléphone pour zapper


Loved your rant this week nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx

https://fountain.fm/clip/sWFi6sNlU54cVUbvwTX8


Sorry, wrong clip in previous posts. This is the one from this week:

https://fountain.fm/clip/gl5MK6qjkBllFz2RsPsj


do you know a reliable place that tracks the Bitcoin "price" per kWh?


The hash rate is the hash rate.


From: nostr:npub1wkn6mft695tt49lkd5qtryp6carz0lfueg75aqd8dt7q0nncre3qac2wsn


Would it be helpful if focus on the efficiency of blockchain technology facilitating user’s experience rather than price fluctuations in market?
🫡✊


What are you declaring unsustainable exactly?


With the replacement of labor slowly becoming electricity (via AI and robotics) rather than fossil fuels this graph starts to become meaningful. BTC would represent the marginal replacement cost of labor, and therefore using BTC as a denominator becomes possible.


PREACH 🙏
nostr:nevent1qqsy3vjrlxfmaj9agcds3xhk7ud0ragrk34rnhhgc4fz9zyyr0slfpspz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygqyey2a4mlw8qchlfe5g39vacus4qnflevppv3yre0xm56rm7lveypsgqqqqqqsry8gm3


Every word.


Energy for Bitcoin + Bitcoin for immutable record keeping = energy for immutable record keeping, denominated in Bitcoin


Tested this on a more recent note.

Seems as though “private” zaps throw the error above, but anonymous and public zaps haven’t caused the same issue (for me, at least).

nostr:npub1zafcms4xya5ap9zr7xxr0jlrtrattwlesytn2s42030lzu0dwlzqpd26k5  is there already a GitHub issue here or should I submit o e? (I did a quick search but didn’t find anything)


Nothing really. Just being glib. 😂


Hal Finney: for the network to become more secure BTC has to become vastly more expensive.

Just wow.


Do you receive this error for this one user, or do you receive for all users?

I’m not aware of this issue.

If you can consistently recreate can you add an issue with all details needed to recreate:

Wallet(s) used
NWC used
Zap type, amount etc
Receiver(s) npub and zap address

🙏


Only some users, only some of the time, but Matt is right that it’s usually when they’re receiving zaps to their own node and/or have a slightly unusual zapping address. Although I’ve also noticed it when trying to zap people with the zbd.gg addresses.

I am typically not using NWC, just setting a default wallet to open from Damus - Phoenix, Zeus, previously WoS.

Zap amounts range from 69-5K sats. I’ll see if I can replicate reliably 🫡


HASH RATE IS THE PRICE.

HASH RATE DOES NOT LEAD PRICE. HASH RATE DOES NOT LAG PRICE.

HASH RATE IS THE PRICE. IT IS THE FREEST MARKET IN THE WORLD: ENERGY FOR BITCOIN.

https://m.primal.net/HTqA.png


I don’t really get it tbh. It’s the price of obtaining 6.25 + fees (which are juicy!) and then splitting per pool rules, sure

But “price” is like for one entity to give their corn to another entity in my mind. Can someone ELI-tard pls


"THE MATRIX BREAKING DOWN"
(MINI-GAME: 2121 sats up for grabs)
https://m.primal.net/HcWd.jpg

The Matrix might be breaking down, but #Bitcoin is growing stronger, with the hashrate continually setting all-time-highs. And here, let's not forget wise words of nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx:

nostr:note1fzey87vnhmyt63smpzd0dac6786s8dr2880w332jy2yggxlp7jrqnsa3z3

NOW, for the fun part: FIRST COME, FIRST SERVE: 2121 SATS UP FOR GRABS

QUESTION:
Satoshee Strategy OÜ was registered on 25 May 2023. What was the last digit of the block height when the company was registered?

If you know the answer, add that digit as the final character in the URL below and IF you are the first to do so, you can claim the 2121 sats!

https://lightsats.com/tips/clskidpdf06q1oo98r8p8gtv
(lightsats.com/tips/clskidpdf06q1oo98r8p8gtv)

If you missed this, come join the multi-part game Satoshee Treasure Hunt #1 for the chance to find the treasure of 25,000 sats. As of posting this, 3/5 parts of the secret code have already been revealed:
nostr:note1c0xnd3hckmh0sxj84j4tk7rfcw9ekl6y2u2qmp0q5vywfk9fmvmsaajnyn

#gamestr #plebchain #nostr #treasurehunt #zapstr #bitcoin #zapvertisement #zapvertising #gamechain #minigame


What does nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx mean by this? I don't follow