@Glennw222@YourFriendAndy And are they charging extra to compensate for credit card fees? If you pay in cash do they give a better price? Also, I'll bet they do all their purchasing with a corporate credit card to get that ~2% cash back.
The chances of winning the Powerball lottery are 1 in 292M
The chances of winning a Bitcoin block (3.125 BTC) with a typical solo miner are 1 in 1.3M per day
So not only are your chances WAY higher, but they repeat 24/7
A lottery ticket is one and done
I happily solo mine
Every day I have Bitcoin lottery tickets.
I run a number of solo BTC miners.
If I get lucky and one hits a block, I earn 3.125 BTC (worth $255k today) instantly to my wallet.
Unlike actual lottery tickets, my odds are much higher, and these aren’t single use.
They run 24/7
@ScottKoepp3@Liathetrader That said I’m not selling premium in this market because $AAOI was up 10+% just yesterday. We will see if the breakout above its base holds through earnings, but photonics are ripping into earnings next week. I will definitely trim.
Just took a ride with a friend of mine. He is 62, has a paid-off condo, and $100,000 to invest. That’s all he has. He works a part-time job making at most $2,000 monthly and can’t find a better one. He is short on bills every month. Needs 3,5-4k.
He wants to buy a shitty real estate property with his $100k and rent it out. (I don’t even know what you buy in FL for 100k? Garage? )
I suggested passive income from dividend stocks instead.
I believe the market provides a better investment with this money.
Am I right?
@ScottKoepp3@Liathetrader Agreed. Some skill involved but the risk is small. Paper trade 2 months, then go. Right now, this week, selling conservative puts in $AAOI is generating 6-8% a week.
@Liathetrader The perception is of being high risk. I don't think they are in reality, but that's why I can't get into a discussions with any of my friends: "too hard, too risky..."
🚨NEW: New York Governor Kathy Hochul has announced plans to redraw the state's Congressional map in response to the Supreme Court's ruling undermining the Voting Rights Act.
RETWEET to thank @GovKathyHochul for standing up for our democracy!
TWEEPS: Florida voters are being cut out completely as DeSantis pushes new maps designed to lock in power without a public vote. CA and VA trusted their voters. Florida won’t.
I need 1,000 fast RTs and replies using #StopIllegalFloridaMaps
Please and thank you! 🙏💪
@ScottKoepp3 The one I use has facilities that can only be used for BTC.
They'd have re-work the sites from the ground up to use them for data centers
That might not be the case for all hosts though
My Bitcoin miners are still quietly stacking 0.059 BTC per month ($4,600)
All I do is pay my hosting bill each month (5 minutes). The rest is fully passive.
It's not a second job. It's a Bitcoin savings plan that runs on autopilot.
@mikealfred@chamath Regarding "power and land", is Panthalassa on your radar? It's an ocean powered AI data center. Could this have a chilling effect on terrestrial ones?
The game theory in AI has shifted. Having a leading foundational model is important but increasingly it is the zoning approved, powered land that is the gating bottleneck. Add turnkey access to silicon and it’s checkmate.
If you have that, you have immense negotiating leverage right now. As data centers get voted down, this leverage will only increase.
Elon just proved it with Cursor.
Now imagine the deals that OpenAI and Anthropic will have to do in the next few years? The Amazon-Anthropic deal was an appetizer.
If you are a sharp on the other side who owns the right assets… 🤤