Anyone on here up for giving a young #bitcoiner some advice? Life is getting as hectic as a shitcoiner trading meme coins.
I’m 24, I got engaged and a week later found my fiancé is pregnant. Fantastic news, can’t wait to be a dad.
Trouble is we are both living with our parents, cool need to find a place to live.
Question is #rent vs #buy?
Everything I have learned over the past 2 years or so is a house is a massive debt trap. House prices in my area of the #UK (south East) are high and rent is probably similar maybe a bit more than a mortgage.
My fiancé (a true superstar) is great at saving as more than enough for deposit where as I have almost nothing (no one’s fault but my own here). However my earning potential is much higher than hers and I would expect to take over any mortgage or rent payments once I get my next role (should see a big bump in pay - IT support -> Cybersecurity)
I have no interest in remaining in the UK long term (5 years max) so I’m really not comfortable buying a house, but wouldn’t be opposed to it.
My idea is to rent for a year or so, so that I can get this next job and then look for somewhere cheaper to live/be able to afford a mortgage
Everyone seems to be telling me not to rent, but these are the same people telling me that Bitcoin is a waste of time etc. I’m incredibly conflicted right now.
Any #advice welcome 🙏🏽
#asknostr #bitcoin #housing
Doing some cost benefit analysis for home #mining in the #UK. Would love to know your thoughts. (99% sure this is correct)
Two use cases in our house - Space Heater / Clothes Dryer.
Currently using a Dyson tower to heat the main room where my mum works during the day. Usage 2000w for about 2 hours each day.
Clothes dryer used about 4 times a week for about 180 minutes each time. Running again at 2000w
Average cost of Electricity in the UK £0.27p/KWh ($0.33)
So if my calculations are correct for usage it costs the following:
Space Heater - £32.40 pm (2 hours x 30 days)
Clothes dryer - £25.92pm ((4x180minutes) x 4weeks)
Following the
guide to build #Bitcoin mining space heaters, I estimate it would cost £340 for miner + upgrades.
Running costs of the miner.
If following the same usage for the Space Heater / Clothes Dryer I would see the following.
Space Heater miner running costs - £0.35 (2 hours) earning about £0.03 worth of Sats per hour (used
so not sure how accurate this is.
Meaning the cost of running the Space Heater miner for a month = £9pm (running costs + savings)
A whopping 72% saving vs the Dyson!!
Repeating the same process for the Clothes Dryer my Bitcoin mining rig would cost £6.84pm (running costs + savings)
A whopping 75% saving vs the clothes dryer we use now.
Summary, it’s a whole lot cheaper to use a Bitcoin miner to heat my dining room and to dry my clothes. (74% cheaper)
I think I have done this correct. Would love to know your thoughts before I take my findings to the my parents (bill payers)
#bitcoin #mining #Bitcoinmining #UK #pleb
Doing some cost benefit analysis for home #mining in the #UK. Would love to know your thoughts. (99% sure this is correct)
Two use cases in our house - Space Heater / Clothes Dryer.
Currently using a Dyson tower to heat the main room where my mum works during the day. Usage 2000w for about 2 hours each day.
Clothes dryer used about 4 times a week for about 180 minutes each time. Running again at 2000w
Average cost of Electricity in the UK £0.27p/KWh ($0.33)
So if my calculations are correct for usage it costs the following:
Space Heater - £32.40 pm (2 hours x 30 days)
Clothes dryer - £25.92pm ((4x180minutes) x 4weeks)
Following the
guide to build #Bitcoin mining space heaters, I estimate it would cost £340 for miner + upgrades.
Running costs of the miner.
If following the same usage for the Space Heater / Clothes Dryer I would see the following.
Space Heater miner running costs - £0.35 (2 hours) earning about £0.03 worth of Sats per hour (used
so not sure how accurate this is.
Meaning the cost of running the Space Heater miner for a month = £9pm (running costs + savings)
A whopping 72% saving vs the Dyson!!
Repeating the same process for the Clothes Dryer my Bitcoin mining rig would cost £6.84pm (running costs + savings)
A whopping 75% saving vs the clothes dryer we use now.
Summary, it’s a whole lot cheaper to use a Bitcoin miner to heat my dining room and to dry my clothes. (74% cheaper)
I think I have done this correct. Would love to know your thoughts before I take my findings to the my parents (bill payers)
#bitcoin #mining #Bitcoinmining #UK #pleb
Doing some cost benefit analysis for home #mining in the #UK. Would love to know your thoughts. (99% sure this is correct)
Two use cases in our house - Space Heater / Clothes Dryer.
Currently using a Dyson tower to heat the main room where my mum works during the day. Usage 2000w for about 2 hours each day.
Clothes dryer used about 4 times a week for about 180 minutes each time. Running again at 2000w
Average cost of Electricity in the UK £0.27p/KWh ($0.33)
So if my calculations are correct for usage it costs the following:
Space Heater - £32.40 pm (2 hours x 30 days)
Clothes dryer - £25.92pm ((4x180minutes) x 4weeks)
Following the
guide to build #Bitcoin mining space heaters, I estimate it would cost £340 for miner + upgrades.
Running costs of the miner.
If following the same usage for the Space Heater / Clothes Dryer I would see the following.
Space Heater miner running costs - £0.35 (2 hours) earning about £0.03 worth of Sats per hour (used
so not sure how accurate this is.
Meaning the cost of running the Space Heater miner for a month = £9pm (running costs + savings)
A whopping 72% saving vs the Dyson!!
Repeating the same process for the Clothes Dryer my Bitcoin mining rig would cost £6.84pm (running costs + savings)
A whopping 75% saving vs the clothes dryer we use now.
Summary, it’s a whole lot cheaper to use a Bitcoin miner to heat my dining room and to dry my clothes. (74% cheaper)
I think I have done this correct. Would love to know your thoughts before I take my findings to the my parents (bill payers)
#bitcoin #mining #Bitcoinmining #UK #pleb
Anyone know a way speed up the last 18k Blocks of the IBD?
This is painstakingly slow.
Increased the DBCache and have a steady network.
#bitcoinnode #bitcoin #node
Just found my fiancé is pregnant. I have no idea what comes next, but this is all part of gods plan.
I’m terrified, I’m 23 and still living with my mum and dad. Will I ever be ready for children? I doubt it. But I want them.
Hard work starts now, I’ve got to get myself into a better position in my career and provide for my new fiancé and baby.
The future @JumpSpotJulian will be born into a #bitcoin standard.
Just ordered a nerdminer
My first foray into #Bitcoin Mining
Next month going to build a space heater.
Exciting times.
Decentralisation of the #Hashrate is key
Do I either.
1. Stack some sats today.
OR
2. Build a bitcoin mining space heater.
Option 1 is that standard but I really want to help decentralise the hashrate get some KYC Sats, and heat my house up.
An attempt to make some layman Bitcoin videos.
Not the best but as we all know with bitcoin is best to learn and keep going.
Feedback welcome on next topics to cover.
#bitcoin
Absolutely done my back in.
Fuck sake. Just as I was starting to build some momentum
Any one got any tips? I’m 24, not fucking 80.
Just sprayed Magnesium on it and taken some ibuprofen.
Feel free to send memes to cheer me up.
#nostr #memes #health #bitcoin