Is it feasible to have one LN channel to a well-connected node, with transactions managed by the node and my phone/laptop as the 'frontend', whether on the same network or remote? My setup: - Umbrel #Bitcoin node on Pi 5 (8GB, 2TB M2 SSD) - Installed CLN & Electrum Server (no channel yet) - Using Phoenix wallet (like the single-channel concept) - Want to take LN payouts from Ocean mining - Considering 1 channel with Boltz but 0.01 BTC threshold is a bit concerning (not familiar with LN node backups) #asknostr #Bitcoin

How does a #Bitcoin node know how many blocks to expect before validating them, since anyone can publish infinite invalid blocks? #asknostr

Got my @nostr.build plan today 😎 69k Sats for 10 GB relay storage to post longer videos & support #Nostr development.

It is quite magical how a Raspberry Pi can check the hash, block structure & adherence to consensus rules of blocks that took gigantic amounts of energy to create, all within seconds. #bitcoin #noderunner

Time to get spiffy rich with my new BitAxe Supra. Just kidding, knew I was gonna mine at a loss but the gloriousness of the occasional LN payouts is worth losing a few cents.

3D printed nylon carbon prosthesis cover for a below knee amputee.

What would be yalls recommended way of setting up a lightning node? The cheapest & most reliable way to do this is probably getting a good old laptop, right? But I kinda want to integrate the node into this 3D printed BitAxe stand so I would prefer a Pi or sth like that. So I wonder: Pi 4, Pi 5, which Pi case, 1 or 2 TB, maybe some LED action or oversized cooling systems? Any recommendations? #asknostr

Just got my BitAxe Supra delivered to Germany from @Solosatoshi.com 🇺🇸 & it's hashing away nicely. Now I'm wondering if it's possible to mine to a pool (maybe ocean mining) that offers lighting payouts for a tiny amount of Sats? .. prbly should have researched that beforehand 😅 would be epic to receive the occasional few Sats into my WoS or even phoenix wallet. Any suggestions? #asknostr #bitaxe #bitcoin Bitcoin

What is the investment thesis of someone who buys Nvidia today for the long term? Maybe: "AI is gonna keep growing. NVD remains GPU king & also becomes LLM ASIC king." .. alright, but that seems like such a limited & uncertain path forward compared to #Bitcoin , right? Today, Bitcoin sits at 1,3 trillion marketcap, which puts it at around the 9th largest asset in the world. However, as Bitcoin is base money it's maybe more sensible to compare it to the monetary base of countries. I've found different information on the UK's monetary base but Bitcoin is prbly somewhere in that range. So it took ca. 15 years to reach the former world reserve currency. It seems highly likely that #Bitcoin is simply going to keep on monetising, eating into the monetary premium of gold, securities, bonds & real estate. The TAM is soo gigantic & the path forward soo obvious that its superiority over NVD as a long term investment seems obvious.

People's desire to be the beneficiaries of seniorage is not a 'flaw that recently emerged'. Existed since the beginning of humanity (or at least coinage). What's emerging is the individual understanding that there is an infinite amount of Shitcoins but only 21 million #Bitcoin.

Are there concepts for using the heat of a miner to cool a room? Cooling systems usually work with a compressor pump and a refrigerant, right? Maybe absorption chillers could be used in such a system but do these things exist in small? #asknostr #bitcoin

So with all these emerging screen capture AIs & those that run on the OS .. do we all get a separate Linux machine for setting up hardware wallets? #bitcoin

It ain't much but it's honest work :3 #bitcoin

It's pretty obvious that the world is searching for a neutral reserve currency that can be held self-sovereign & is convenient to settle international trade. Gold fails at the latter .. really wonder whether sth like that exists .. Regardless whether one considers such confiscations right or wrong. Any person, institution or nation state can recognises that holding someone's liabilities as your savings introduces counterparty risk. #bitcoin

The 4 core pillars of MMT: 👇 1. Accounting: The math of government debt = private sector savings checks out & if u claim that only debt-based monetary systems can work you're good to go. 2. Human Nature: People want stuff for 'free'. Thus offering 'free' stuff financed by money printing will give you a competitive edge on the voting booth. Furthermore, human nature has this irrepressible drive to build, invent & improve stuff, which causes technological progress. 3. Technological Progress Induced Deflation: Humans improve technologies & build better machines, factories etc. This increase in productivity reduces the cost of everything .. sandwich to aircraft carrier & it's necessary to hide the price inflationary effects of money printing. 4. Gaslighting: 3. must not be aknowledged. Burgers costing 50x more than 50 years ago is not due to money printing but the current thing. Common sense & intuitve reasoning (brrr -> price inflation) must be countered by confusing people with technicalities of the monetary system. #bitcoin #MMT

Peter Schiff right on time with the 700 IQ explanation why transaction fees spiked recently.

Made @ODELL chuckle .. Best day of my life ngl

Hey #nostr are there relays that specialize in video upload? I'm ready to pay for that. What's the best way to upload 30 sec videos on here so that they are saved for a few years? #asknostr

3D printed prosthesis cover for a transcutaneous osseointegrated prosthesis. #3dprinting #orthopedics #prosthesis #legprosthesis #prosthesiscover

Gotta feel sorry for tradfi bros .. you did your MBA, you're making money, people think you are smart because your stonks are up, even though it's largely due to currency devaluation .. and then these #bitcoin turbo autists show up, outperform you, while dunking on you with memes & sh#tposts.