Bitcoin Halving

Bitcoin Halving

What Is a Bitcoin Halving?

Bitcoin’s most recent halving occurred on May 11, 2020. To explain what a Bitcoin halving is, we must first explain a bit about how the Bitcoin network operates.

Bitcoin’s underlying technology, blockchain, basically consists of a collection of computers (or nodes) that run Bitcoin’s software and contain a partial or complete history of transactions occurring on its network.

Each full node, or a node containing the entire history of transactions on Bitcoin, is responsible for approving or rejecting a transaction in Bitcoin’s network.

To do that, the node conducts a series of checks to ensure that the transaction is valid. These include ensuring that the transaction contains the correct validation parameters, such as nonces, and does not exceed the required length.

A transaction occurs only after all the parties operating in Bitcoin’s network approve it within the block on which the transaction exists. After approval, the transaction is appended to the existing blockchain and broadcast to other nodes.

The blockchain serves as a pseudonymous record of transactions (i.e., its contents are visible to everyone, but it is difficult to identify transacting parties in the network). This is because the blockchain assigns encrypted addresses to each transacting party in the network. That said, even those who do not participate in the network as a node or miner can view these transactions taking place live by looking at block explorers.

More computers (or nodes) added to the blockchain increase its stability and security.

There are currently 12,035 nodes estimated to be running Bitcoin’s code. Though anyone can participate in Bitcoin’s network as a node, as long as they have enough storage to download the entire blockchain and its history of transactions, not all of them are miners.

KEY TAKEAWAYS

  • A Bitcoin halving event is when the reward for mining bitcoin transactions is cut in half.
  • This event also cuts in half Bitcoin’s inflation rate and the rate at which new bitcoins enter circulation.
  • Both previous halvings have correlated with intense boom and bust cycles that have ended with higher prices than prior to the event.
  • Bitcoin last halved on May 11, 2020, around 3 p.m. EST, resulting in a block reward of 6.25 BTC.

Bitcoin Mining

Bitcoin mining is the process by which people use their computers to participate in Bitcoin’s blockchain network as a transaction processor and validator.

Bitcoin uses a system called proof of work (PoW). This means that miners must prove they have put forth effort in processing transactions to be rewarded. This effort includes the time and energy it takes to run the computer hardware and solve complex equations.

Faster computers with certain types of hardware yield larger block rewards and some companies have designed computer chips specifically built for mining. These computers are tasked with processing Bitcoin transactions, and they are rewarded for doing so.

The term mining is not used in a literal sense but as a reference to the way precious metals are gathered.

Bitcoin miners solve mathematical problems and confirm the legitimacy of a transaction. They then add these transactions to a block and create chains of these blocks of transactions, forming the blockchain.

When a block is filled up with transactions, the miners that processed and confirmed the transactions within the block are rewarded with bitcoins.

Transactions of greater monetary value require more confirmations to ensure security. This process is called mining because the work performed to get new bitcoins out of the code is the digital equivalent to the physical work done to pull gold out of the Earth.

El Salvador made Bitcoin legal tender on June 9, 2021. It is the first country to do so. The cryptocurrency can be used for any transaction where the business can accept it. The U.S. dollar continues to be El Salvador’s primary currency.

Bitcoin Halving

After every 210,000 blocks mined, or roughly every four years, the block reward given to Bitcoin miners for processing transactions is cut in half.

This cuts in half the rate at which new bitcoins are released into circulation. This is Bitcoin’s way of using a synthetic form of inflation that halves every four years until all bitcoins are released into circulation.

This system will continue until around the year 2140.

At that point, miners will be rewarded with fees for processing transactions, which network users will pay. These fees ensure that miners still have the incentive to mine and keep the network going. The idea is that competition for these fees will cause them to remain low after the halvings are finished.

The halving is significant because it marks another drop in the rate of new Bitcoins being produced as it approaches its finite supply: the total maximum supply of bitcoins is 21 million. As of October 2021, there are about 18.85 million bitcoins already in circulation, leaving just around 2.15 million left to be released via mining rewards.

In 2009, the reward for each block in the chain mined was 50 bitcoins. After the first halving, it was 25, and then 12.5, and then it became 6.25 bitcoins per block as of May 11, 2020.

To put this in another context, imagine if the amount of gold mined out of the Earth was cut in half every four years. If gold’s value is based on its scarcity, then a “halving” of gold output every four years would theoretically drive its price higher.

Coin Metrics Bitcoin Halving
Coin Metrics logarithmic chart of Bitcoin price action following halvings.

Halving Implications

These halvings reduce the rate at which new coins are created and thus lower the available amount of new supply, even as demand might increase.

This can cause some implications for investors as other assets with low or finite supply, like gold, can have high demand and push prices higher.

In the past, these Bitcoin halvings have correlated with massive surges in Bitcoin’s price.

The first halving, which occurred on Nov. 28, 2012, saw an increase from $12 to $1,217 on Nov. 28, 2013.

The second Bitcoin halving occurred on July 9, 2016. The price at that halving was $647, and by Dec. 17, 2017, a bitcoin’s price had soared to $19,800. The price then fell over the course of a year from this peak down to $3,276 on Dec. 17, 2018, a price 506% higher than its pre-halving price.

The most recent halving occurred on May 11, 2020. On that date, a bitcoin’s price was $8,787. On April 14, 2021, a bitcoin’s price soared to $64,507 (an astonishing 634% increase from its pre-halving price). A month later, on May 11, 2021, a bitcoin’s price was $54,276, representing a 517% increase that seems more consistent with the behavior of the 2016 halving.

On May 12, 2021, Elon Musk, CEO of Tesla, announced that Tesla would no longer accept Bitcoin as payment, resulting in further price fluctuations.

In the week that followed Musk’s statements, the price of a bitcoin plunged below $40,000 after Chinese regulators announced restrictions banning financial institutions and payment companies from providing cryptocurrency-related services.

Though these two announcements may have temporarily created a price drop in Bitcoin, there is the potential that the price fluctuations are more related to the halving behavior we have observed previously.

The theory of the halving and the chain reaction that it sets off works something like this:

The reward is halved → half the inflation → lower available supply → higher demand → higher price → miners incentive still remains, regardless of smaller rewards, as the value of Bitcoin is increased in the process

In the event that a halving does not increase demand and price, then miners would have no incentive. The reward for completing transactions would be smaller, and the value of Bitcoin would not be high enough.

To prevent this, Bitcoin has a process to change the difficulty it takes to get mining rewards, or in other words, the difficulty of mining a transaction.

In the event that the reward has been halved, and the value of Bitcoin has not increased, the difficulty of mining would be reduced to keep miners incentivized.

This means that the quantity of bitcoins released as a reward is still smaller, but the difficulty of processing a transaction is reduced.

This process has proved successful twice. So far, the result of these halvings has been a ballooning in price followed by a large drop.

The crashes that have followed these gains, however, have still maintained prices higher than before these halving events.

For example, as mentioned above, the 2017 to 2018 bubble saw the value of a bitcoin rise to around $20,000, only to fall to around $3,200. This is a massive drop, but a bitcoin’s price before the halving was around $650.3

Though this system has worked so far, the halving is typically surrounded by immense speculation, hype, and volatility, and how the market will react to these events in the future is unpredictable.

The third halving occurred not only during a global pandemic, but also in an environment of heightened regulatory speculation, increased institutional interest in digital assets, and celebrity hype. Given these additional factors, where Bitcoin’s price will ultimately settle in the aftermath remains unclear.

What Happens When Bitcoin Halves?

The term “halving” as it relates to Bitcoin has to do with how many Bitcoin tokens are found in a newly created block.

Back in 2009, when Bitcoin launched, each block contained 50 BTC, but this amount was set to be reduced by 50% roughly every four years.

Today, there have been three halving events, and a block now only contains 6.25 BTC.

When the next halving occurs, a block will only contain 3.125 BTC.

When Have the Halvings Occurred?

The first bitcoin halving occurred on Nov. 28, 2012, after a total of 10,500,000 BTC had been mined. The next occurred on July 9, 2016, and the latest was on May 11, 2020. The next is expected to occur in early 2024.

Why Are the Halvings Occurring Less Than Every Four Years?

The Bitcoin mining algorithm is set with a target of finding new blocks once every 10 minutes.

However, if more miners join the network and add more hashing power, the time to find blocks will decrease.

This is remedied by resetting the mining difficulty (or how hard it is for a computer to solve the mining algorithm) once every two weeks or so to restore a 10-minute target.

As the Bitcoin network has grown exponentially over the past decade, the average time to find a block has consistently remained below 10 minutes (roughly 9.5 minutes).

Does Halving Have Any Effect on the Bitcoin Price?

The price of Bitcoin has risen steadily and significantly from its launch in 2009, when it traded for mere pennies or dollars, to April 2021 when the price of one bitcoin traded for over $63,000.3

Because halving the block reward effectively doubles the cost to miners, who are essentially the producers of bitcoins, it should have a positive impact on price because producers will need to adjust their selling price to their costs.

Empirical evidence does show that Bitcoin prices tend to rise in anticipation of a halvening, often several months prior to the actual event.

What Happens When There Are No More Bitcoins Left in a Block?

Around the year 2140, the last of the 21 million bitcoins ever to be mined will have been mined.

At this point, the halving schedule will cease because there will be no more new bitcoins to be found.

Miners, however, will still be incentivized to continue validating and confirming new transactions on the blockchain because the value of transaction fees paid to miners is expected to rise into the future, the reasons being that a greater transaction volume that has fees will be attached, plus bitcoins will have a greater nominal market value.

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  • Kudos to @ChessurKot
    I 💚 it so much i had to share it !!! Amazing poster and imagination !!! Shared with 💚 by Free Spirit ✌ & 💚
  • Bitcoin Taproot
    On November 14th, block height 709,632, Bitcoin’s Taproot upgrade was activated. The update brings with it improvements to the flexibility, security, and efficiency of bitcoin transactions. And as Bitcoin’s first protocol upgrade in … Continue reading Bitcoin Taproot
  • AltCoin Stores
    ALT Coin Stores and Services List This page is to promote actual stores and people who sell services for ALTcoins. What is most important, is to spread the word and make people aware of the widespread … Continue reading AltCoin Stores
  • Bitcoin Halving
    Bitcoin Halving What Is a Bitcoin Halving? Bitcoin’s most recent halving occurred on May 11, 2020. To explain what a Bitcoin halving is, we must first explain a bit about how the Bitcoin network operates. … Continue reading Bitcoin Halving
  • Block Reward
    What Is a Block Reward? Bitcoin block rewards are new bitcoins awarded to cryptocurrency miners for being the first to solve a complex math problem and creating a new block of verified bitcoin … Continue reading Block Reward

BitHouse RedBubble Shop

Featured

Visit BitHouse-Co’s shop, for cool artwork on awesome products!

https://www.redbubble.com/people/BitHouse-Co/shop?asc=u

Made with 💚 by Free Spirit

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  • Kudos to @ChessurKot
    I 💚 it so much i had to share it !!! Amazing poster and imagination !!! Shared with 💚 by Free Spirit ✌ & 💚
  • Bitcoin Taproot
    On November 14th, block height 709,632, Bitcoin’s Taproot upgrade was activated. The update brings with it improvements to the flexibility, security, and efficiency of bitcoin transactions. And as Bitcoin’s first protocol upgrade in … Continue reading Bitcoin Taproot
  • AltCoin Stores
    ALT Coin Stores and Services List This page is to promote actual stores and people who sell services for ALTcoins. What is most important, is to spread the word and make people aware of the widespread … Continue reading AltCoin Stores
  • Bitcoin Halving
    Bitcoin Halving What Is a Bitcoin Halving? Bitcoin’s most recent halving occurred on May 11, 2020. To explain what a Bitcoin halving is, we must first explain a bit about how the Bitcoin network operates. … Continue reading Bitcoin Halving
  • Block Reward
    What Is a Block Reward? Bitcoin block rewards are new bitcoins awarded to cryptocurrency miners for being the first to solve a complex math problem and creating a new block of verified bitcoin … Continue reading Block Reward

BitAddress

Open Source JavaScript Client-Side Bitcoin Wallet Generator

A Bitcoin wallet is as simple as a single pairing of a Bitcoin address with its corresponding Bitcoin private key. Such a wallet has been generated for you in your web browser and is displayed above.

To safeguard this wallet you must print or otherwise record the Bitcoin address and private key. It is important to make a backup copy of the private key and store it in a safe location. This site does not have knowledge of your private key. If you are familiar with PGP you can download this all-in-one HTML page and check that you have an authentic version from the author of this site by matching the SHA256 hash of this HTML with the SHA256 hash available in the signed version history document linked on the footer of this site. If you leave/refresh the site or press the “Generate New Address” button then a new private key will be generated and the previously displayed private key will not be retrievable. Your Bitcoin private key should be kept a secret. Whomever you share the private key with has access to spend all the bitcoins associated with that address. If you print your wallet then store it in a zip lock bag to keep it safe from water. Treat a paper wallet like cash.

Add funds to this wallet by instructing others to send bitcoins to your Bitcoin address.

Check your balance by going to blockchain.info or blockexplorer.com and entering your Bitcoin address.

Spend your bitcoins by going to blockchain.info and sweep the full balance of your private key into your account at their website. You can also spend your funds by downloading one of the popular bitcoin p2p clients and importing your private key to the p2p client wallet. Keep in mind when you import your single key to a bitcoin p2p client and spend funds your key will be bundled with other private keys in the p2p client wallet. When you perform a transaction your change will be sent to another bitcoin address within the p2p client wallet. You must then backup the p2p client wallet and keep it safe as your remaining bitcoins will be stored there. Satoshi advised that one should never delete a wallet.

Source:

https://www.bitaddress.org/

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Profitability Guide

Mining Profitability Guide

To calculate mining profitability, you should follow these steps, no matter which calculator you are using:

🔸️Be sure you know your GPU models and the Hash rates.

🔸️Be sure you know the algorithm of the coin.

🔸️Choose the exchange you plan to use for selling coins. This is necessary if you want more precise results.

🔸️Be sure you know your electricity cost.


You can find a list of calculators online that are used by miners, here:

http://bithouseco.home.blog/2021/09/12/mining-calculators/


🔹️ Be sure to keep track of what’s happening in the cryptocurrency world, if you aren’t doing so already. If a coin has problems, it will definitely affect the price and mining profitability, and may even prevent you from selling mined coins.

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ASIC MANUFACTURERS

ASIC MINERS MANUFACTURERS 2021

🔹️ http://www.baikalminer.com/

🔹️ https://bitfury.com/

🔹️ https://bitmain.com/

🔹️ http://www.bolonminer.com/

🔹️ https://canaan.io/

🔹️ http://miner.ebang.com.cn/

🔹️ http://www.fusionsilicon.com/

🔹️ https://www.goldshell.com/

🔹️ https://ibelink.co/

🔹️ https://www.innosilicon.com/

🔹️ https://www.microbt.com/

🔹️ https://obelisk.tech/

🔹️ https://www.pandaminer.com/

🔹️ https://www.spondoolies-tech.com/

🔹️ https://strongu.com.cn/

🔹️ http://ipollo.com/

To be updated in the future!

🔹️🔹️🔹️

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Vires In Numeris

Vires In Numeris

” It isn’t obvious that the world had to work this way.

But somehow the universe smiles on encryption.”

Julian Assange

Nobody yet knows for sure if the universe’s smile is genuine or not.

It is possible that our assumption of mathematical asymmetries is wrong and we find that P actually equals NP, or we find surprisingly quick solutions to specific problems which we currently assume to be hard.

If that should be the case, cryptography as we know it will cease to exist, and the implications would most likely change the world beyond recognition.

Vires in Numeris”

=

“Strength in Numbers”

epii

Vires in numeris is not only a catchy motto used by bitcoiners.

The realization that there is an unfathomable strength to be found in numbers is a profound one.

Understanding this, and the inversion of existing power balances which it enables changed my view of the world and the future which lies ahead of us.

One direct result of this is the fact that you don’t have to ask anyone for permission to participate in Bitcoin.

There is no page to sign up, no company in charge, no government agency to send application forms to.

Simply generate a large number and you are pretty much good to go.

The central authority of account creation is mathematics.

And God only knows who is in charge of that.

Elliptic curve examples (cc-by-sa Emmanuel Boutet)

Bitcoin is built upon our best understanding of reality.

While there are still many open problems in physics, computer science, and mathematics, we are pretty sure about some things.

That there is an asymmetry between finding solutions and validating the correctness of these solutions is one such thing.

That computation needs energy is another one.

In other words: finding a needle in a haystack is harder than checking if the pointy thing in your hand is indeed a needle or not.

And finding the needle takes work.

The vastness of Bitcoin’s address space is truly mind-boggling.

The number of private keys even more so. It is fascinating how much of our modern world boils down to the improbability of finding a needle in an unfathomably large haystack.

I am now more aware of this fact than ever.

Bitcoin taught me that there is strength in numbers.

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Root problem with FIAT

“ The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. ” Satoshi Nakamoto

100,000,000.00$ Investment DataCenter Mining Farm

100,000,000.00$ 3 Years Investment Plan Asics

#1 YEAR 100,000,000.00$ INVESTMENT

19,500 $ × 5,000 Asics = 97,500,000.00 $ Asics Cost

100,000,000.00 € – 97,500,000.00 $  = 2,500,000.00 $

2,500,000.00 $ Other Expenses:

50,000.00 $ – LLC Malta

500,000.00 $ – Switches,Cables,Routers,Racks etc

The rest invested in more R&D for other Coins,and R&D means investing in other technology either CPU,GPU,FPGA or ASIC to mine,trade and stake coins with a smaller Market Capitalization.

Revenue 24h – 87.40$ × 5,000 = 437,000.00 $/Day

Profit 24h – 84.16$ × 5,000 Asics = 420,800.00 $/Day

Electricity – 3.24$/Day × 5,000 Asics = 16,200.00 $/Day

Expenses :

200 $/Month Internet × 12 = 2,400$/Year

1,000 $/Month Rent × 12 = 12,000$/Year

16,200.00 $/Day Electricity × 365 = ~5,913,000.00$/Year

2,400 $+ 12,000.00 $ + 5,913,000.00 $ = 5,927,400.00 $/Year Total Expenses

437,000$/Day × 365 Days = 159,505,000.00 $/Year Revenue

159,505,000.00 $ – 5,927,400.00 $ = 153,577,400.00 $

153,577,400.00 $ – 100,000,000.00 $ = 53,577,400.00 $ Profit Year

ROI #1 Year – 55.72 % Year

#2 YEAR 100,000,000.00$ INVESTMENT

Revenue 24h – 87.40 $ × 5,000 Asics = 437,000.00 $/Day

Profit 24h – 84.16$ × 5,000 Asics = 420,800.00 $/Day

Electricity – 3.24 $/Day × 5,000 Asics = 16,200.00 $/Day

Expenses :

200 $/Month Internet × 12 = 2,400$/Year

1,000 $/Month Rent × 12 = 12,000 $/Year

16,200.00 $/Day Electricity × 365 = ~5,913,000.00 $/Year

2,400.00 $ + 12,000.00 $+ 5,913,000.00 $= 5,927,400.00 $/Year Total Expenses

437,000.00 $/Day × 365 Days = 159,505,000.00 $/Year Revenue

159,505,000.00 $ – 5,927,400.00 $ = 153,577,600.00 $ Profit a Year


ROI #2 Year – 2490.98 % Year

#3 YEAR 100,000,000.00$ INVESTMENT


Revenue 24h – 87.40$ × 5,000 Asics = 437,000.00 $/Day

Profit 24h – 84.16$ × 5,000 Asics = 420,800.00 $/Day

Electricity – 3.24$/Day × 5,000 Asics = 16,200.00 $/Day

Expenses :

200 $/Month Internet × 12 = 2,400$/Year

1,000 $/Month Rent × 12 = 12,000$/Year

16,200.00 $/Day Electricity × 365 = 5,913,000.00 $/Year

2,400.00 $ + 12,000.00 $+ 5,913,000.00 $ = 5,927,400$/Year Total Expenses

437,000.00 $/Day × 365 Days = 159,505,000.00 $/Year Revenue

159,505,000.00 $ – 5,927,400.00 $ = 153,577,600.00 $ Profit a Year

ROI #3 Year – 2490.98 % Year

ROI #1 Year – 55.72 % Year

ROI #2 Year – 2490.98 % Year

ROI #3 Year – 2490.98 % Year

All of it calculated that every cryptocurrency is changed in FIAT currency immediately after is mined…Wich could be a strategy…Not the best one but one strategy yes…

One can use a better strategy of earning on crypto with staking… With https://nexo.io/earn-crypto for example you can earn 8% on Bitcoin if staked…You can also borrow cash or Stablecoins from 5.9% APY, without selling your crypto and aquire more technology and make an never ending circle of mining,staking,borrowing more asics and more asics each and every year…
And this is only one example of many that could be made…

I have studied the playfield for years and I am more than confident that the CryptoCurrency world to name it so, is in it’s infancy state and there is much to gain for the intelligent investor.
It all depends on the strategy that one chooses to adopt and implement.

After mining and raising enough crypto one can also invest in MasterNodes like Dash,Horizen etc that can transform the capital invested in R&D and expand the porfolio of investments each and every year.

I just choose one of top 3 Asics that are profitable right now, there are hundreds of models wich can be taken into consideration and I just choose one model for the semplification of the mathematical calculations.

It is understandable that a larger pool of investment would bring a larger margin of profit from it,but it would also mean that burning desire to experiment with different projects and do more research and development on the subject would bring an added value to the project as a whole,to the investors,me you and anyone involved…

There are many wonderfull projects I would invest into as I see them future unicorns in a world of today not waiting for tomorrow where the blockchain is to be found in every aspect of society…

I base these facts on mathematical facts realities that are based on algorithm.

Some of the truths are :

1 – Bitcoin mining will end in 2145 so miners will have a job for a  while🙂

2 – Every 4 years there is a halving in the reward for mining,as the history showed the price went up after each and anyone of the halving for the reason of scarcity.

3 – The ones that have big mining farms,and to give an example the smallest “known” farm is 2 TW of power ( TW – TerraWatt 1 Million Wats ) and the biggest one of them has 60 MW of power.

4 – The disruptive new economy that was created by the cryptocurrencies has today a Market Cap: $2,032,498,266,439 with a Dominance of BitCoin (BTC) of 51,6 % and Ethereum(ETH) of 12.5 % .

5 – The more machines you have the more you can afford to rent their hashrate,build even pools of mining,stake the coins you mine instead of changing it immediatly you just pay the the expenses and the rest in stake 4 5 % a year depends on the coin,wallet,site exchange etc you choose to stake with.

I do not believe in Bitcoin,but IN ALGO WE TRUST and I know that Bitcoin and a lot of other Altcoins is,were and will be in the future to come assets,commodities,and many more.

I share with you some links that could bring more insight as I may ever can bring :

https://coinshares.com/research/bitcoin-asset-highlight

https://coinshares.com/research/volatility-the-price-of-opportunity

https://coinshares.com/research/bitcoin-valuation-primer

https://coinshares.com/research/bitcoin-2021-outlook-and-challenges

https://coinshares.com/research/2020-the-year-bitcoin-went-mainstream

https://coinshares.com/research/crypto-concerns-regulations

https://coinshares.com/research/qe-dystopia-bitcoin-adoption

https://coinshares.com/research/bitcoins-role-in-an-investment-portfolio

https://coinshares.com/research/just-the-right-amount-of-bitcoin

https://coinshares.com/research/bitcoin-in-a-class-of-its-own

https://coinshares.com/research/inflation-linked-bitcoin

https://cointelegraph.com/news/bitfarms-estimates-argentinian-facility-will-reduce-btc-mining-costs-by-45

( In the link above we learn about one of the most important rules of mining – the less you pay for electricity the more you earn. 4,125$ to mine a BItCoin that was 50k at the time I don’t see it as a bad investment)

https://cointelegraph.com/news/is-bitcoin-becoming-the-google-of-crypto-as-btc-market-cap-nears-new-milestone

https://cointelegraph.com/news/investors-on-chain-activity-hints-at-bitcoin-price-cycle-top-above-166-000

https://cointelegraph.com/news/record-600m-bnb-burn-suggests-binance-made-750m-in-profit-in-q1

https://cointelegraph.com/news/paypal-owned-venmo-launches-cryptocurrency-trading

(Everybody wants to be on the wave nowdays🙂 )
And there are many many more to add to the database of weighting why such an investment should take place I have a few tens of Gigabyte of information as reports,sheets & co if you need them I can put it at your disposal

Thank you for your time reading this and who might be interested I will gladly have a chat that might bring a fruitfull collaboration one day, who knows what two minds that resonate on the same frequency can achieve 🙂

Have a lovely day 🙂

✌Peace & Love💗

VIRES IN NUMERIS

₿itHouse & Co.® LLC

VIRES IN NUMERIS


₿itHouse & Co.® LLC is a client – focused and result driven CryptoCurrency Consulting and Mining Company that provides broad – based services at an affordable fee to our clients .

We will ensure that we work hard to meet and surpass our Clients’ expectations whenever they hire our services for Consulting or mine bitcoin.

At ₿itHouse & Co.® LLC, our Client’s best interest always come first and foremost, and everything we do is guided by our high values and professional ethics.


“Better a diamond with a flaw than a pebble without.”

Confucius

Diamond with a flaw

“Try not to become a man of success. Rather become a man of value.”

Albert Einstein

Man of Value

“If you don’t know what you want, you’ll never find it.

If you don’t know what you deserve, you’ll always settle for less.

You will wander aimlessly, uncomfortably numb in your comfort zone, wondering how life has ended up here.

Life starts now, live, love, laugh and let your light shine!”

Rob Liano

Let your light shine

“A person’s worth is measured by the worth of what he values.”

Marcus Aurelius, “Meditations”

Values

“Mathematics expresses values that reflect the cosmos, including orderliness, balance, harmony, logic, and abstract beauty.”

Deepak Chopra

Mathematics

“Every job from the heart is, ultimately, of equal value.

The nurse injects the syringe; the writer slides the pen; the farmer plows the dirt; the comedian draws the laughter.

Monetary income is the perfect deceiver of a man’s true worth.”

Criss Jami, “Killosophy”

Job from the Heart

“A person that does not value your time will not value your advice.”

Orrin Woodward

Value your time

“Once you embrace your value, talents and strengths, it neutralizes when others think less of you.”

Rob Liano

Embrace your Values

“Bad times have a scientific value. These are occasions a good learner would not miss.”

Ralph Waldo Emerson

Bad times

“I say no wealth is worth my life.”

Homer, “The Iliad”

Life

“But what’s worth more than gold?

Practically everything.

You, for example.

Gold is heavy.

Your weight in gold is not very much gold at all.

Aren’t you worth more than that?”

Terry Pratchett, “Making Money” 

You are worth more than gold

“Knowledge is like money: To be of value it must circulate, and in circulating it can increase in quantity and, hopefully, in value.”

Louis L’Amour, “Education of a Wandering Man”

Knowledge

“Ô, Sunlight! The most precious gold to be found on Earth.”

Roman Payne

Sunlight

“Knowledge is like money: To be of value it must circulate, and in circulating it can increase in quantity and, hopefully, in value.”

Louis L’Amour, “Education of a Wandering Man”

Knowledge

“If life — the craving for which is the very essence of our being — were possessed of any positive intrinsic value, there would be no such thing as boredom at all: mere existence would satisfy us in itself, and we should want for nothing.”

Arthur Schopenhauer, “The Vanity of Existence”

Existence

“Our sole purpose on this earth is to add value to others.

It doesn’t make sense to just exist in people’s lives or to be a drain on them, does it?”

Rob Liano

Sole purpose

“Value judgments are destructive to our proper business, which is curiosity and awareness.”

John Cage

Curiosity & Awareness

“We set no special value on the possession of a virtue until we percieve that it is entirely lacking in our adversary.”

Friedrich Nietzsche, “Human, All Too Human: A Book for Free Spirits”

Virtue

“Maybe you had to come close to losing something before you could remember its value.

Maybe we enjoy the last minute struggle as it slips through our hands.”

Suraj Sani

Struggle

“Always remember that the minority dictates the prices, and the majority governs the value.”

Naved Abdali

Minority vs. Majority

“It is impossible to say whether an asset class valuation is cheap or expensive in isolation.

The valuation of an asset is relative to the valuations of all other assets.”

Naved Abdali

Valuation of an Asset

“Market quotes change every second, but business evolves steadily.

You have ample time to evaluate a business to buy or not to buy.

There is no rush.”

Naved Abdali

Evaluate

“The number one reason people lose money in investing is because they buy assets without giving any thought whatsoever to the fair value.”

Naved Abdali

Fair Value

“If investors do not know or never attempt to know the fair value, they can pay any price.

More often, the price they pay is far greater than the actual value.”

Naved Abdali

Actual Value

“Watching every tick up and every tick down is just wasting your valuable time.

Do yourself a favor, and pick up a book or two about investing each month.”

Naved Abdali

Pick up a book

“An ounce of gold will always be an ounce of gold regardless of the length of possession.

The short-term value will go up or down, but gold prices will follow the general inflation rate in the long run.”

Naved Abdali

General Inflation Rate

“A Collectible’s value is primarily based on the emotions and the perception of potential buyers.”

Naved Abdali

Emotions & Perception

Made with 💚 by Free Spirit

✌ & 💚



  • Kudos to @ChessurKot
    I 💚 it so much i had to share it !!! Amazing poster and imagination !!! Shared with 💚 by Free Spirit ✌ & 💚
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