nina on Nostr: If you buy bitcoin, you spend fiat, and you get bitcoin. If you mine bitcoin, you ...
If you buy bitcoin, you spend fiat, and you get bitcoin. If you mine bitcoin, you have to spend the fiat upfront to buy the equipment, then you mine bitcoin over a period of time. You spend fiat either way. The upside is that the bitcoin from mining is completely non-KYC, which is what you want. Have you done any cost analysis? What are the numbers?
Published at
2024-12-22 02:05:16Event JSON
{
"id": "7c57455f7f3a231480158c9c6af97eaf7b2d612e499616167e76d3c801f2007a",
"pubkey": "f50384d804bfd4e3b2dd07cf404ca9b43cb718de70b1e981340d0e2a350315e6",
"created_at": 1734833116,
"kind": 1,
"tags": [
[
"e",
"ae4bbed3f5f7232670277c9388079040149c4fcff11d340b3af314aa39c5d37c",
"",
"root"
],
[
"e",
"0332db249dd416e7a897ccc0fcc5ad281cdb25345ba06cbbe71cd041ba3d8c5d",
"wss://relay.damus.io/",
"reply",
"a89cc9312f12d213dfee1315702c32bf78870d19c0d9f70d08029923d9ad8e97"
],
[
"p",
"a89cc9312f12d213dfee1315702c32bf78870d19c0d9f70d08029923d9ad8e97"
],
[
"p",
"f50384d804bfd4e3b2dd07cf404ca9b43cb718de70b1e981340d0e2a350315e6"
]
],
"content": "If you buy bitcoin, you spend fiat, and you get bitcoin. If you mine bitcoin, you have to spend the fiat upfront to buy the equipment, then you mine bitcoin over a period of time. You spend fiat either way. The upside is that the bitcoin from mining is completely non-KYC, which is what you want. Have you done any cost analysis? What are the numbers?\n",
"sig": "4edba9b61032e29ddc7d68d4ec22f6c61fa5f5e0320671fc9fd20d010df225bac4047773c26a88edafa4a80cd76fbef88e304cf2f18ed8a7e872502002dc73fe"
}