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Bitcoin Mining / Re: Banned Chinese Bitcoin Miners Have Moved On To Africa's Largest Dam In Ethiopia
« on: May 20, 2024, 04:57:22 PM »
and I'm talking about things like this
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I have to make conservative approach on every financial decision and 30 to 40% of my savings are in the physical gold and it's giving the security as I said earlier and also I can't deny Bitcoin is what helped me to achieve that 30% of gold in my portfolio
I am just a commoner who is trying to climb the ladder in this society
I don't know if Roger Ver is a scammer or not, but what I do know is that he has been attacking Bitcoin for many years. And the most annoying thing about that is that Ver didn't need to do it, it was the perfect excuse to promote his stupid fork and get a lot more money than he already had. I have always thought that Ver is nothing more than another well-known person in the industry who all he has done is leave the community with a bad image in front of the general public. Roger Ver could join the list with Do Kwon and others.
No thanks, I don't want to be having all these miners next to my dam. That'll just mean more power outages. And the government is already rationing power between districts, so I think it is a very dumb idea to make electricity even more scarce by giving it to the miners.
Although in fairness there have not been so many outages recently probably because it's raining so much here, but just wait for the rain to stop and then it will be back to outages as normal.
Wrong
~
Power infrastructure here isn't the same as in USA. I'm not going to pretend I know about the electrical situation in Texas but the lines are clearly more stable across the whole country than over here. A single technical glitch or heavy rainfall is enough to down a power line and disrupt a neighborhood's supply here. And there's no advanced monitoring of outages at all (but that is a problem across the whole continent).
Also, a bit irrelevant but everyone's still gotta make a trip to the utility in order to pay for electricity and transfer it to the "electricity card" for the meter. A couple other countries in Africa are like that too.
So doesn't make much sense to compare geographics between a first world and a third world country.
CME trading - I guess - is more for institutions - companies -, not individuals.Hy Peter I hope you are doing fine,
Trading of one single bank can produce much more volume than 2.000 Faisals and Peters