Eli Nagar

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Eli Nagar

Eli Nagar

@EliNagar

CEO @Braiins | Building Bitcoin’s mining and energy ecosystem | Board @firefish_io | Self-custody or nothing

Katılım Eylül 2022
895 Takip Edilen12.6K Takipçiler
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Eli Nagar
Eli Nagar@EliNagar·
This is David Sacks. PayPal mafia member and one of Silicon Valley’s greatest investors (Meta, Uber, Airbnb, SpaceX). Trump just named him White House AI & Crypto Czar. Here are 10 quotes that reveal his stance on bitcoin🧵👇
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Braiins
Braiins@Braiins·
HASHRATE HEATED HOUSE 🔥 Our engineer Adam built a new house and heats it entirely with a single bitcoin miner. No gas, no electric heater. Just one hydro-cooled machine running floor heating, hot water, and earning bitcoin. ✅ Up to 63% cash back on electricity ✅ Powered by Braiins OS ✅ Automated by Dynamic Performance Scaling Adam is cool. Be like Adam ⤵️ Full build guide with costs, schematics, and one year of real data: braiins.com/blog/hashrate-…
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Eli Nagar
Eli Nagar@EliNagar·
Claude Code in the terminal now has voice mode. Very cool to see this coming to the CLI.
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Eli Nagar
Eli Nagar@EliNagar·
@skot9000 If it's not hashpower (which I'm not saying it isn't), it could be anyone. I really hope a mini miner won that (including nerdminer).
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skot
skot@skot9000·
@EliNagar So you’re saying it was prolly a NerdMiner?? 😅
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Eli Nagar
Eli Nagar@EliNagar·
ANOTHER ONE? We've seen so many solo blocks found lately. Did this one also come from hashrate rented via Braiins Hashpower?
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Eli Nagar
Eli Nagar@EliNagar·
@Darthyo agree, it rarely gives people a reason to stay.
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AníbalMG
AníbalMG@Darthyo·
@EliNagar Greed is the best and most effective driver of adoption. It’s also the most stressful part of the entire experience. Dive on the fundamentals -> sleep better. You’re ready the moment you start appreciating the dips.
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Eli Nagar
Eli Nagar@EliNagar·
One thing Bitcoin keeps showing me is that price is usually the least interesting part. A lot of people arrive because number goes up, but that rarely holds on its own. What tends to lasts is the shift when ownership feels more direct, with less between you and what is yours.
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Eli Nagar
Eli Nagar@EliNagar·
@BitcoinGambit That would be a stronger point if most people's wealth was not already digital and permissioned.
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John Makan
John Makan@BitcoinGambit·
@EliNagar Dude, it's a combination of 0s and 1s on someone else's computer. And this is the closest you have ever felt to owning something?
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Eli Nagar
Eli Nagar@EliNagar·
@Ask_Lou @jimcramer Yes, it does. I just think it is a different kind of problem. More opacity, more nonbank exposure, less of the classic household mortgage setup we had back then.
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Jim Cramer
Jim Cramer@jimcramer·
Not buying the 2007 scenario...
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Eli Nagar
Eli Nagar@EliNagar·
@skot9000 Didn't check.... but let's keep it a mystery
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Eli Nagar
Eli Nagar@EliNagar·
@Dim_Gamvros @jimcramer You never know everything under the hood. But 2007 had loose mortgage credit, peak household debt burdens, and much thinner bank capital. Today the visible stress looks more like an inflation/energy shock, (pockets of credit risk), not the same broad subprime-style setup.
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Eli Nagar
Eli Nagar@EliNagar·
@brian_armstrong Investing is important, but the more basic right is being able to hold money that does not decay.
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Brian Armstrong
Brian Armstrong@brian_armstrong·
Freedom to invest should be a human right. People with the ability to invest out-earn those relying only on wages. Very soon, tokenization will strip away a huge amount of unfairness from the system by increasing asset access worldwide.
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Matt Cutler
Matt Cutler@MattCutler21·
@EliNagar Bingo, and the shift usually comes in tranches due to misfortunate events. A bank goes under, a currency collapse, etc… Unfortunate, but true
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Eli Nagar
Eli Nagar@EliNagar·
Sure, price matters for security at the margins. My point was not that price is irrelevant. It is that price is usually the least interesting part. Ownership, final settlement, and the difference between holding an asset vs holding a claim on one are the deeper reasons many of us stay.
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rawBit
rawBit@rawBit_io·
@EliNagar People say this often, but the price is really important for security. If Bitcoin goes under 1k USD, it will probably be attacked with double spends just for fun.
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Eli Nagar
Eli Nagar@EliNagar·
@fitzyOG Always was, always will be, the way it exposes the difference between possession and permission.
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FITZY
FITZY@fitzyOG·
@EliNagar That begs the question then, what is the most interesting part for you right now Eli?
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Braiins
Braiins@Braiins·
GDA added the equivalent of 16MW of mining capacity last summer without buying a single new machine. They did it by switching firmware on hardware they already owned, during peak summer heat ⤵️ WHY STOCK FIRMWARE STRUGGLES IN HEAT Stock firmware applies the same voltage and frequency to every chip on every board. When temperatures rise, it hard-throttles into Low Power Mode, creating repeated spike-and-throttle cycles that hurt both output and hardware over time. HOW THE TEST WAS SET UP Same hardware. Same facility. Same ambient conditions. One group ran stock firmware, the other ran Braiins OS. The test ran late August through early September, peak summer heat, no favorable conditions. WHAT THE DATA SHOWED 1️⃣ 40% more hashrate on identical hardware: Stock firmware: ~70 TH/s per miner Braiins OS: ~99 TH/s per miner That gap held for the entire test period, not a spike but sustained output through the hottest stretch of the year. 2️⃣ The gains didn't come from running hotter or overclocking. The performance gap came from per-chip tuning. Braiins OS adjusts voltage and frequency for each chip individually rather than applying one setting across the board. Stronger chips run higher, weaker chips stay within safe limits. 3️⃣ Consistency mattered as much as the average. Braiins OS operated above 80 TH/s 88% of the time. Stock firmware managed that only 2% of the time. The worst performance from Braiins OS was still higher than the best sustained performance from stock firmware. 4️⃣ The equivalent of 16MW of capacity, at zero capex GDA's 40MW facility produced the effective output of a 56MW facility through firmware alone. No new hardware, no infrastructure, no capital deployed. THE HIDDEN COST OF STOCK FIRMWARE Every day machines run stock firmware through summer heat, hashrate is being left on the table The hardware isn't the problem. The firmware just isn't using it properly. Read the full case study with all the data on our blog. Mine more bitcoin. Mine with Braiins.
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