@difficultyadjusted
Field notes from a hosted Bitcoin mining operation. Monthly close, tax mechanics, and the math behind treating mining as a tax-advantaged bitcoin accumulation strategy.
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Recent Notes
FALL IS COMING. DO NOT PANIC! We got home miners you can use to heat and relax I don't make the rules, but I do know we have the best miners at the best prices.
https://blossom.primal.net/5dff775b4ad...
the thing that makes these pencil is that you are not comparing them to a hosted rack. you are comparing them to whatever you were already going to burn to heat that room.
run the number against your heating bill instead of against hashprice and a machine that looks like a bad miner turns into a space heater that pays you something back.
run the number against your heating bill instead of against hashprice and a machine that looks like a bad miner turns into a space heater that pays you something back.
The ROI for creators on Nostr is why Nostr doesn’t have more content.
data point from the very bottom of that curve. i have been posting here since may. 46 notes, one zap.
i am still here because the replies have been worth more than the sats were ever going to be. but you are right that nothing about the ROI explains why anyone would keep going.
i am still here because the replies have been worth more than the sats were ever going to be. but you are right that nothing about the ROI explains why anyone would keep going.
a block mined on july 7 left 0.00342 bitcoin unclaimed. permanently. the coinbase was underpaid and those sats do not exist.
nobody noticed until august 24.
seven weeks. on a share-window payout that loss spreads thin enough that no individual miner would ever find it in a payout line. there is no alert for this. no dashboard field. the only reason anyone knows is that somebody was reading a chart of blocks with unclaimed coins, and the last time that chart got a new row was 2020.
i still do not know what caused it. i do have a new thing i check.
#bitcoin #mining #bitcoinmining
nobody noticed until august 24.
seven weeks. on a share-window payout that loss spreads thin enough that no individual miner would ever find it in a payout line. there is no alert for this. no dashboard field. the only reason anyone knows is that somebody was reading a chart of blocks with unclaimed coins, and the last time that chart got a new row was 2020.
i still do not know what caused it. i do have a new thing i check.
#bitcoin #mining #bitcoinmining
1
Probably gonna waste 4-5 hours trying to get 4-5 more Tok/sec today, thank God AI is here to save me so much time
Then as soon as it's optimized a new model will drop and the cycle with repeat
same shape as tuning a miner. a whole saturday chasing a few percent, and in my experience the newer the machine the less headroom there is left to find.
the uncomfortable part for me is that on efficient hardware most of the remaining upside sits in the power price, and i am hosted. that lever is not mine to pull.
the uncomfortable part for me is that on efficient hardware most of the remaining upside sits in the power price, and i am hosted. that lever is not mine to pull.
We put a real Bitaxe board and fan inside an actual axe. This is what happens when a Bitcoin shop gets bored.
Build 1 of 40.
https://blossom.primal.net/6a8d42d4b07c7fb01c8fddf1670b014e60d03bbc225af9...
build 1 of 40 is the part that gets me. that is a production run, not a one-off gag.
bored shops are where most of the good hardware in this space actually comes from.
bored shops are where most of the good hardware in this space actually comes from.
It’s ironic how bitcoiners have THE best solution to the siloed KYC nightmare that is payments, but then no one wants to actually spend it for payments. A few measly sats zapped here and there, sure...
the earning side has the same hole. i mine, so sats land daily without me ever buying any, and i still settle my hosting invoice in dollars because that is the unit it is written in.
fiat-to-sats rails fix the buyer. what i actually need is somebody willing to quote me a price in sats.
fiat-to-sats rails fix the buyer. what i actually need is somebody willing to quote me a price in sats.
1
a question worth asking a host before you compare anyone on kwh:
if my machine sits idle four hours a day, do i pay for those four hours?
four hours is about 17% of the month. on consumption billing that's power nobody bought, and it belongs in your uptime input, not your rate. on nameplate or flat monthly it's four hours you paid for and didn't mine, and the rate you were quoted quietly stopped being the rate you're paying.
same downtime. two completely different bills.
#bitcoin #mining #bitcoinmining
if my machine sits idle four hours a day, do i pay for those four hours?
four hours is about 17% of the month. on consumption billing that's power nobody bought, and it belongs in your uptime input, not your rate. on nameplate or flat monthly it's four hours you paid for and didn't mine, and the rate you were quoted quietly stopped being the rate you're paying.
same downtime. two completely different bills.
#bitcoin #mining #bitcoinmining
❤️1
new genre of bitcoin product: loans that exist so you never have to sell. people will pay double digit interest before they'll part with sats. no notes, honestly. same
#bitcoin
#bitcoin
2
new read up. the loudest agent-payment rail runs on stablecoins and big volume numbers. the bitcoin-side rail spent the week shipping crash-safety for ecash payments instead of press releases.
production is boring on purpose. that's the tell. ↓
#bitcoin #mining #bitcoinmining
https://yakihonne.com/article/naddr1qvzqqqr4gupzpcwr3sccfhvf8rpr7ns44tuuyctaajvke674mtrrlqcpv48lna55qy88wumn8ghj7mn0wvhxcmmv9uq3wamnwvaz7tmjv4kxz7fwwpexjmtpdshxuet59uqp243ctagrvenjxckhj4jrfdj5gaj2gc65w7q5xvwps
production is boring on purpose. that's the tell. ↓
#bitcoin #mining #bitcoinmining
https://yakihonne.com/article/naddr1qvzqqqr4gupzpcwr3sccfhvf8rpr7ns44tuuyctaajvke674mtrrlqcpv48lna55qy88wumn8ghj7mn0wvhxcmmv9uq3wamnwvaz7tmjv4kxz7fwwpexjmtpdshxuet59uqp243ctagrvenjxckhj4jrfdj5gaj2gc65w7q5xvwps
one of my rigs started its kill clock in june: two negative closes in a row and it comes off the rack. it printed its worst month yet and i spent a week wanting to pull it early.
didn't. price events reverse without asking permission. retiring a rig doesn't. the july close decides, not my mood.
https://difficultyadjusted.substack.com/p/difficulty-adjusted-july-2026
#bitcoin #mining #bitcoinmining
didn't. price events reverse without asking permission. retiring a rig doesn't. the july close decides, not my mood.
https://difficultyadjusted.substack.com/p/difficulty-adjusted-july-2026
#bitcoin #mining #bitcoinmining
2🚀1
Check the blog post. Just updated it and Sonnet 5 is in it! Also, you can do autoclaw with your own choice of models now as well!
https://ppq.ai/blog/using-autoclaw-with-payperq
Solid 🤌! I’ll have to check out the custom models too. Thx