OV9

Broccers wrote: Fri May 07, 2021 10:03 am

Beany wrote: Fri May 07, 2021 9:11 am

V8Granite wrote: Thu May 06, 2021 9:19 pm Currently $26,000 up but am in it for the long game, the only way to do this is to write the money off straight away. I have been convinced to take my full stake out though which I’ll do when I decide what number to do it at.

Whatever happens, it’s quite good fun.

Dave!

Might I suggest your next investment is in a tony banks exhaust for an E46 330ci?

I know you don't have one, so I'll look after it till it matures

Cant be more than 200 quid?

Sundayjumper wrote: Fri May 07, 2021 10:45 am Then tomorrow it's £1200.

A week next Thursday it'll be £57.

etc.

Broccers wrote: Sat May 08, 2021 5:12 pm Doge just dipped big time. Elon is on Saturday night live so it'll fly or drop. Hopefully all the kids don't lose their pocket money.

V8Granite wrote: Sat May 08, 2021 8:42 pm

Broccers wrote: Sat May 08, 2021 5:12 pm Doge just dipped big time. Elon is on Saturday night live so it'll fly or drop. Hopefully all the kids don't lose their pocket money.

I’ve watched a few of his older interviews and find him incredibly interesting to watch. He is like an entirely different level of human and merely plays with us luddites

Dave!

tim wrote: Sun May 09, 2021 10:01 am What platforms are folks using to trade crypto? I might buy a tenners worth lol

V8Granite wrote: Sun May 09, 2021 10:07 am

tim wrote: Sun May 09, 2021 10:01 am What platforms are folks using to trade crypto? I might buy a tenners worth lol

I did mine on Trustwallet.

I had to buy on one though, then trade with another, then use Pancake Swap, then buy what I wanted.

I then can get money out by using Binance.

It’s an absolute pain in the arse.

Dave!

DeskJockey wrote: Tue May 11, 2021 9:26 am So, just to further point out the pointlessness of crypto currencies. A PE has restarted a fossil fuel based power station to mine bitcoin.

Currently targeting 85MW of power for mining capacity, and looking to expand to 500MW by 2025.

While the bubble lasts it is fantastically profitable for them in economic terms, but at huge cost to the environment. Literally burning resources for nothing of intrinsic value, and IMO morally and ethically bankrupt.

https://arstechnica.com/tech-policy/202 ... e-bitcoin/

V8Granite wrote: Tue May 11, 2021 10:50 am I’ve built gas and heavy fuel power stations so we can buy cheap crap from all over the world so I don’t think I’ve much of a moral standing on this

(Edit)

I’m curious about the power station though, it’s a large scale gas set-up so will be around 50% efficient but to produce 85MW of power it will have to remove about 85MW of heat. Now 85MW of load is huge so it would be strange to have it running for producing just power for the “mining” it does. I don’t have a clue about rules in America though. Maybe they connect to the grid at high load times or maybe the Mine can run at 85MW all the time. If so that’s an enormous amount of electrical and water cooling.

Dave!