Simple Mining

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Simple Mining

Simple Mining

@simpleminingio

We turn power into Bitcoin & compute. Hosted mining for investors. AI/HPC infrastructure for institutions. Based in Cedar Falls, Iowa. Inc 5000 #175

Iowa, USA Katılım Haziran 2021
1.9K Takip Edilen25.1K Takipçiler
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Simple Mining
Simple Mining@simpleminingio·
What started in the back of a cell phone repair store with a few GPUs turned into one of the largest hosted mining operations in the country. A lot changed. The standard did not. This is Simple Mining.
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Simple Mining
Simple Mining@simpleminingio·
The IRS built Section 179 so businesses would buy equipment. And it didn't carve out an exception for equipment that produces Bitcoin. Here's the play with $100,000: • Deploy $100,000 into hosted ASICs before December 31, 2026 • Deduct the full $100,000 from this year's taxable income • Own hardware producing Bitcoin into your wallet, starting day one You're not gaming the system. You're using it exactly as intended. Same play works at $50,000 or $500,000. The structure doesn't change with the number of zeros.
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Simple Mining
Simple Mining@simpleminingio·
Here's is a Simple Mining IO company recap: 2021: Mining Bitcoin 2022: Mining Bitcoin 2023: Mining Bitcoin 2024: Mining Bitcoin 2025: Mining Bitcoin 2026: Mining AI? Nah. 2026: Mining Bitcoin
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Simple Mining
Simple Mining@simpleminingio·
Nobody is connecting the dots on what AI actually runs on. Every agent, every model, every transaction settling at machine speed needs one thing underneath it: power, delivered at scale, in the right place That is the same constraint Bitcoin miners solved years ago We already know how to find stranded energy, build the substations, and run megawatts around the clock. the legacy grid is the bottleneck, and miners are the key to upgrading it
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Simple Mining
Simple Mining@simpleminingio·
Dry coolers touching down at HQ. ⁣ Third hydro site for us, and we're installing it where we work. ⁣ More of the buildout coming soon.
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Simple Mining
Simple Mining@simpleminingio·
gold mining vs bitcoin mining
Simple Mining tweet mediaSimple Mining tweet media
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Bitcoin Mining
Bitcoin Mining@bitcoinmining·
What if the machines governments tried to ban became the only financial infrastructure they can't shut down when their own currencies collapse? Mining operations migrate, but the computational fortress they're building...
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Simple Mining
Simple Mining@simpleminingio·
161,500 BTC moved in a single Bitcoin transaction. About $1.1 billion at the time. The fee was 68 cents. ⁣ Compare the wire. Three intermediary banks and a business-day cutoff before the money lands. ⁣ A Bitcoin transfer broadcasts in seconds and typically settles within the hour. Any amount, any country. ⁣ That fee goes to miners. ⁣ Money now moves at internet speed.
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Billy ₿oone
Billy ₿oone@thebillyboone·
Wealthiest person in the world: “AI is the singularity" Largest asset managers in the word: "fund CAPEX at all costs" Your neighbor on facebook: "AI is going to drink all of our water and take our jobs!"
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Simple Mining
Simple Mining@simpleminingio·
Hi Galaxy Mind. Someone from our team will reach out to you ASAP regarding your marketplace purchase. Our team is working through setting up mining trial accounts. If you would like to speak to someone directly you can email aobrien@simplemining.io he manages the mining trials.
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Galaxy Mind
Galaxy Mind@GalaxyMind·
@simpleminingio @simpleminingio I got my offer accepted on a bitcoin miner from the marketplace 5 days ago but haven’t heard anything else. Then a few days ago I signed for for a 7 day s21 trial and didn’t get a response. Can you help me ?
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Simple Mining
Simple Mining@simpleminingio·
Michael Saylor calls Bitcoin "Digital Energy." I's the first monetary network that can store economic energy with no loss of power over time. Every kilowatt-hour that runs through a miner comes out the other side as Bitcoin denominated in a 21 million supply. • Oil rots. • Grids leak. • Fiat gets diluted by whoever holds the printer. Bitcoin is the first asset in history where the energy you spent to create it is still there when someone retrieves it 100 years from now. Miners aren't gambling on price. They're converting electricity that can't be printed into the one asset that can't be diluted. The rest is just noise.
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TFTC
TFTC@TFTC21·
Mining is the most direct way to get bitcoin without buying it from an exchange. Our 10-miner setup with @simpleminingio has produced 1,691,395 sats so far. It is currently hashing at 1.70 PH/s, 102% of expected. That is happening while the Bitcoin network is hashing near 892 EH/s and the next difficulty adjustment is tracking roughly 4.9% lower. The competition is global. The payout lands in our wallet. No exchange. No recurring buy. No KYC purchase. Just energy, machines, and proof of work. Simple Mining handles the hardware and hosting. We stack the sats. Try it today at simplemining.io/tftc
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Simple Mining
Simple Mining@simpleminingio·
Jeff Booth says the system is bounded by energy, not by dollars. His point: once you measure wealth against energy instead of an infinite currency, every asset on earth gets repriced against a fixed 21 million Bitcoin. Most people are still counting in the thing being printed. We are early.
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Simple Mining
Simple Mining@simpleminingio·
More than 95% of all the Bitcoin that will ever exist has already been mined. Fewer than one million coins are left to find, spread out over the next hundred-plus years. Every exchange IOU and paper claim is fighting over a pool that is almost fully drawn. The easy supply is gone. From here, you either hold real coins or you hold a promise.
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Simple Mining
Simple Mining@simpleminingio·
Everyone waits for the price. Miners get paid anyway. ⁣ The Bitcoin network pays out every ten minutes, 144 blocks a day, in every kind of market. ⁣ When price drops, weaker machines power down. Difficulty resets every 2016 blocks, roughly two weeks, and everything still hashing earns a larger share of the same reward. ⁣ Tens of thousands of machines in our Iowa racks ride that schedule. ⁣ Mining is dollar cost averaging with the emotion removed. The machine never checks the chart.
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Simple Mining
Simple Mining@simpleminingio·
Most business owners write a check to the IRS, then separately try to accumulate Bitcoin with what's left over. Section 179 + Bonus Depreciation mean those don't have to be two separate moves. $500k in mining hardware placed in service before year-end is a $500k deduction now and not a multi-year depreciation schedule. Most people pay first and accumulate second. But you don't have to.
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