Pleb Miner Monthly EP10 Growing Centralisation of the Bitcoin Mining Sector.
Release Date: 09/19/2023
A new year's love note to the oppressors.
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A new years love note to the oppressors.
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Running a bitcoin node for the streets. RoninDojo community discussion.
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Running a bitcoin node for the streets, RoninDojo community discussion. This episode is from a live recording with with Zelko, Dojo Coder, damm kewl, Samourai and the RoninDojo community. The discussion gave us all an opportunity to ask questions related to the recent updates covered in a podcast I recorded with Zelko the Co-Founder of RoninDojo. ( Running a bitcoin node for the streets.) During the episode we covered the origins of the project, what spurred him and the team on to build and continue improving, and what comes next. We decided to do a follow up and open the...
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Ungovernable Misfits Presents: A Very Ungovernable Christmas
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The BitBuyBit Radio network, in partnership with Ungovernable Misfits Media, present, the greatest collection of Bitcoin themed Christmas parodies, ever assembled. For the first time, Plebs from the Pleb Miner Mafia and The Meshtadel come together in one Christmas Collection called “An Ungovernable Christmas” These songs will fill you with an Ungovernable spirit. Like Rev HODL’s “Here Come all the Plebs” And musical treasure’s such as Jack Billiams’ “Baby, Bitcoin’s the way” This collection of classics can be yours, on three records or two...
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PMM EP13 2.0 (previous episode corrupted)
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Pleb Miner Monthly Episode 13 Show Notes Holiday greetings from the Pleb Miner Mafia and the Ungovernable Misfits! Thank You to for his wonderful holiday greeting! Statistics brought to you by This episode was recorded very early in December, the show notes will contain more recent statistics Lincoin Mining is a pool, an ASIC management hub, and energy trading platform. Ask about bundling services. Statistics Summary Global Hashrate 30 MA - 499 EH/s Other Mining pools of note: Foundry – 144 EH/s, Antpool 135 EH/s, F2 Pool 62...
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Pleb Miner Monthly EP13. Bitcoin, Christmas, Hash.
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Pleb Miner Monthly Episode 13 Holiday greetings from the Pleb Miner Mafia and the Ungovernable Misfits! Thank You to for his wonderful holiday greeting! Statistics brought to you by This episode was recorded very early in December, the show notes will contain more recent statistics Lincoin Mining is a pool, an ASIC management hub, and energy trading platform. Ask about bundling services. Statistics Summary Global Hashrate 30 MA - 499 EH/s Other Mining pools of note: Foundry – 144 EH/s, Antpool 135 EH/s, F2 Pool 62 EH/s, CK...
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Running a bitcoin node for the streets with Zelko from RoninDojo
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In this episode I spoke with Zelko the Co-Founder of RoninDojo. We discuss the origins of the project and what spurred him and the team on to build and continue improving the project. Ive been running RD for the past 4 years and have been amazed at the development, with the latest release v2.4.0 users now have full control of Whirlpool CLI from the UI! As a long term user I'm very happy to see this. I talked to Zelko about how it was implemented as well as covering what a beautiful job Dojo Coder @PavelTheCoder has done on the UI. I could bang on in the show notes all day about...
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Freedom or fold! Monthly bitcoin update EP31. Stay up to date with what matters.
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In this episode of bitcoin monthly EP31 we talk about the importance of using bitcoin in a private and freedom focused way as well as covering the list below and much more. Phishing campaign targeting some of the Blockstream Store users Zeus beta StartOS now open source Gemini UK to Block Bitcoin Transfers To and From Non-Approved Exchanges Fake Ledger Live App on Microsoft App Store Used to Steal 16.8+ BTC Fake Bitbox app User loses 25BTC Envoy 1.4.0 beta Sparrow Wallet v1.8.0: Transaction Diagram Captions, Open...
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Bitcoin privacy defenders. Samourai community discussion on using the tools and never bending the knee.
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This episode is from a live recording I did with Samourai (Samourai wallet) Zelko (Ronin Dojo) and the community following a discussion we had on a recent podcast about the release of Sentinel, a watch only wallet created by Samourai wallet. We decided to do a follow up and open the discussion to listeners who had questions or feedback and it was a great success. I know from personal experience that the world of Bitcoin privacy and security can be daunting and frustrating at times. We want to help people use the best tools available to actually use bitcoin. Having these open discussions...
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Pleb Miner Monthly EP12 - Don’t sell out! Bitcoin deserves better!
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Pleb Miner Monthly Episode 12 Show Notes It’s Thanksgiving season in the US, perhaps Plebs all around the world can stop, take a pause, and appreciate the wonderful world we live in. Intro Music: Statistics brought to you by Lincoin Mining is a pool, an ASIC management hub, and energy trading platform. Ask about bundling services. Statistics Summary Global Hashrate 30 MA - 458 EH/s Other Mining pools of note: Foundry – 133 EH/s, Antpool 130 EH/s, Braiins 6.16 EH/s, CK Pool-24 PH, and Kano-17 PH. Hash Value - 251,426 sats...
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Privacy Defenders Samourai and Zelko introduce Sentinel, the watch only bitcoin wallet.
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In this episode I spoke to Samourai and Zelko about the recent release of Sentinel, a watch only wallet created by Samourai wallet. Sentinel is an open source watch only wallet that allows users to track offline, cold storage, and paper wallets without needing private keys. Users of sentinel can keep an eye on all balances and transactions as well as generating receive addresses without exposing private keys or reducing security. Your offline bitcoin wallet may eventually need to send a transaction, now you don’t have to compromise the security of your offline wallet by bringing it...
info_outlinePleb Miner Monthly
Episode 10
Show Notes
1 year of doing Pleb Miner Content on BitBuyBit.
We are honored to be able to provide Pleb Miner content and are doubly honored to be able to interact with all of you on Telegram, Twitter and Fountain
Thank You for all the contributions of content, encouragement, sponsorships, boosts, and friendships!
Intro Music: Faith No More – We Care a Lot
Statistics brought to you by Lincoin Mining
Schedule a call with Medi so you can hear him say “What do you do, so I may tell you what we can do for you?”
Statistics Summer Summary
Hashrate - June 21 our 70 MA was 367 EH – We are now 394 EH a 7.3% increase
Difficulty - June 21 Difficulty was 52.35 EH – We are now 54.15 a 3.4 % increase
BTC Price - June 21 BTC Price was $29,893 – Its now $26,192
Hash Value - Hash Value on June 21 was 24,850 – and is now 24,040 3.25% decrease
Block 807,057, 20.013 BTC in transaction fees!!!
Everybody Wang-Chung tonight, everybody have fun tonight
Bitesize Bitcoin (Mine your Mind) Brought to you by FixRigs
Take the Quiz!!! And share your results!
Most of the answers are contained in our Bitesize Bitcoin Segments
If you’re stuck on one, ask Jon and I’ll direct you to the episode
Highest Score Gets a Boty Hat!
Statistics
- What is Hashrate?
- What is the incorrect name given to the HalFinning?
- Explain the HalFinning.
- What is difficulty and why is it important?
- Name two common payout schemes used by mining pools?
Basic Electricity
- What is Voltage?-
- What is Current?
- What is Power?
- Explain Joules Law.
- Convert 3500 watts at 240 volts to amps
Cost to Mine
- What is a Watt/hour ?
- Calculate the cost to mine a 3500 watt Bitcoin Mining Server over a 24 hr period at
- $.10/KW/hr
- Now do the UK at 30p/KW/hr
- What is Hash Value
- What is Hash Price
- If current BTC price is $26K and our 3500 watt machine at 110TH get us 25, 773 sats per day, are we profitable at .10 cents KW/hr
Block Creation and Transactions
- What are the components of a candidate Bitcoin block headerTransaction Data
- The transaction data within a Bitcoin block contain information about each transaction included in the block. Name some of the key characteristics of the transaction data
Bitcoin Mining Server
- Name the parts of a Bitcoin Mining Server also knows as an ASIC.
BIP300
- BIP 300, also known as drivechains is a Bitcoin Improvement Proposal that will allow sidechains of separate blockchains on top of Bitcoin. Max, this is the final Mine your Mind question. Are drivechains…
- Gay
- Lame
- Retarded
- Regarded
Pleb Miner Monthly ACTION NEWS!!!
First up Riot receives $31 million in energy credits
A short Op-Ed from an Anon Pleb.
Growing Centralization of the Bitcoin Mining Sector
Public corporations have rapidly dominated the mining sector, primarily through aggressive mergers and acquisitions. By establishing expansive industrial mining infrastructure and consuming incredible amounts of electricity, these entities have positioned themselves at the forefront of the industry. Their dominance is further solidified by their ability to secure funding via traditional Wall Street mechanisms, such as shareholder dilution and convertible notes. This financial leverage affords them several advantages, including procuring large machine orders at prices below market rates, benefiting from reduced transmission and distribution costs, thanks to high-voltage infrastructure, implementing power procurement strategies tailored to bitcoin mining. Such centralization can sideline smaller players, often referred to colloquially as the "plebs", pushing them to the periphery of the industry. Bitcoin is meant to be a P2P decentralized network. Centralization of mining is a justified concern.
Bassload Update Turn Down for What!?
Nico Smid Immersion Article on Ungovernable Misfits
The Bugle Bugle - Paul Sztorc Runs for President to Promote BIP 300
Pleb Miner Small Builds and Innovation
Sat Stacking Pleb has a cool one board build
Altair Tech to have S19s single boards
D-central carries a Bitaxe kit and Pivotal Pleb Tech boards
Crypto Cloaks carries a number of DIY items as well
Winter is coming and everyone is getting ready with their space heaters and dusting off the sketchbooks and designs from previous years and getting back to work. Can’t wait to see and share what everyone will build this winter!