Oddbean new post about | logout
▲ ▼
Low Information Voter | 1 months ago (raw) | root | parent | reply | flag +1 
 "The lottery is a tax on people who are bad at math."

Here on average it pays 85c for every $1 put in.

Better idea - you could buy a bitcoin mining rig and "solo mine". Probably will just lose electricity, but you'd be helping to secure the whole blockchain, and if your miner finds the block first you win big!

(You can do this with the computer you have already if you use Xmrig. You'll need to convert XMR back into Bitcoin if you win, but that's no problem)
▲ ▼
Diyana | 1 months ago (raw) | root | parent | reply | flag 
 I am down to go down this rabbit hole. What exactly  would I be looking to purchase? Also, I didn't really understand the last few things you said but I am guessing I will get it once I am in the process of learning to do it.
▲ ▼
Low Information Voter | 1 months ago (raw) | root | parent | reply | flag +2 
 nostr:nprofile1qqsqdzwltpr635ehdzfd52tz947qlhq77x2c7j7yguwep9n258k2nusprdmhxue69uhhw6r9v96zu6rpwpc8jarpwejhym3wvdhj7qgmwaehxw309a6xsetxdaex2um59ehx7um5wgcjucm0d5hsz9thwden5te0wfjkccte9ejxzmt4wvhxjme04jvaud, you did this research recently, what miner would you recommend?

nostr:nprofile1qqsz7543nls5prmfac8fp8kcljkp8rzlxuxqth3y7rvrwzk6096jxgcpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsz9nhwden5te0dehhxarjv4kxjar9wvhx7un89uq3zamnwvaz7tmwdaehgu3wwa5kuef09fhmrc, minerstat.com has data on all the different models, you can test different scenarios.

Re my last paragraph, nostr:nprofile1qqsyawyrzrttfmv4cmtx5w2m85702kdct7hv3amfrkhagpdf9cz46mgprpmhxue69uhkv6tvw3jhytnwdaehgu3wwa5kuef0qyghwumn8ghj7mn0wd68ytnhd9hx2tcpydmhxue69uhkv6tvw3jhytnwdaehgu3wwa5kuef08ankcmmzv9kr6ctvds20l3q3 and I mine XMR with normal conputers, and convert the proceeds to Bitcoin. It means I don't have to spend additional money on mining hardware, but instead I have to put up with bitcoin maxis on Nostr dissing me :p
▲ ▼
Diyana | 1 months ago (raw) | root | parent | reply | flag +1 
 So my current lap top would be the only thing I need to do what you and @Ava do?
▲ ▼
Low Information Voter | 1 months ago (raw) | root | parent | reply | flag +1 
 Yes :)

You'll need a program called "xmrig", and an XMR (Monero) wallet for the payout to go to before you convert it to bitcoin.

Is your laptop running Windows?
▲ ▼
Diyana | 1 months ago (raw) | root | parent | reply | flag 
 Not windows nope.
▲ ▼
Low Information Voter | 1 months ago (raw) | root | parent | reply | flag 
 Sweet
▲ ▼
Diyana | 1 months ago (raw) | root | parent | reply | flag 
 Oh does that work? Apple?
▲ ▼
Low Information Voter | 1 months ago (raw) | root | parent | reply | flag 
 There's a MacOS version here - https://xmrig.com/docs/miner/build/macos

You probably want the "binary releases" page.
▲ ▼
Diyana | 1 months ago (raw) | root | parent | reply | flag 
 I think I have to first prepare my lap top. Just got an external drive and gotta do some clean up. Then will check this out though I am afraid it might be a bit over my head technically.