RE: LeoThread 2025-01-09 15:16

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Bitcoin mining

Few facts about Bitcoin mining:

  1. Last Satoshis (of Bitcoin) will be mined some time in the year 2142
  1. During the last ~40 years of the mining epoch (2102-2142) less than one complete BTC will be mined, combined, by ALL the miners of the world.
    <1
    By ALL.
    Combined.
    In 40 years !
  1. Mining stops, when after halving in 2142 the block reward splits down from 1 Satoshi to 0.5 Satoshi. As Satoshi is the smallest fraction (i.e. 0.5 Sat not possible) this process will STOP.
leofinance
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That's some years to come. Sadly won't be here by then.

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I'm thinking about adding some ASIC machines to my portfolio, but I don't know exactly whether to do it, what do you think? Would you give me some $BTC tips?

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At BTC $1M, one Satoshi will be worth $.01...one penny. Seems like that should be about right. That's why when I buy BTC now, I always look at it as buying Sats, not a % of 1 BTC. Right or wrong, it just feels better buying 500,000 Sats vs .005 BTC. 😁 (And then of course there's BTC $10M....)

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Now I know about bitcoin mining , all thanks to you

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So we basically have more than 100 years to mine $BTC! 🦁

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Wow, lolz, 2142, that's a whole lot of time. I like these facts though. This thread is educational. Do you have subscribers only module in your account please?.

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