Gopal K on LinkedIn: With 7.5% inflation, you will lose half your money in 9 years. Crypto 250 comments

Right now we are in a very inflationary regime and the inflation-adjusted 10Y just went positive for the first time in awhile. The behavior is not much different than how other risk assets in tech are behaving in this regime (e.g. Zoom, Peloton, etc all crashing). Bitcoin is good for a portfolio only when we xxxcoin are expected to move back into another deflationary or at least disinflationary regime, and probably not otherwise. Config file and the file will be loaded one each startup. Writing the configuration will save all settings from all files in the output. Thus the total supply of cryptos is actually unlimited.

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In future if someone launched a George Soros attack on dollar then how will govt defend its 30 trillion attack. Gold would have been much better form of exchange compared to fiat (atleast its inflation is constant i.e. ~ 2%) but its cumbersome, and there is a cost of storage thatswhy bitcoin was created. Bitcoin’s deflationary (currently 2% inflation and reduces every four years), max supply is fixed (i.e. 21 million), no cost of storage and no difficulty in doing large transactions. I would suggest newcomer to only buy big bluechip cryptos and dont fall for ponzis. Also, the timeframe should be bigger when comparing the growth of crypto coz crypto is very volatile but its this volatility which investors pays to earn life changing wealth. Average to find one 8 difficulty share, per 8 single difficulty shares found.

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Cgminer will log to stderr if it detects stderr is being redirected to a file. And uses it to try to end up doing https://cryptolisting.org/ the same amount of work for all pools. Block update notifications, along with device messages and warnings.

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Scenario, load-balance falls back to regular failover priority-based strategy. Followed by the difficulty target the pool is currently asking for. Bitcoin and crypto look like assets that do well under a deflationary or disinflationary regime. That’s when yields and/or inflation expectations are declining or the real yield is going into the negative, or there is QE.

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Looking, so if the quota is changed on the fly, it only affects future work. There may be a limit to the number of USB devices that you are allowed to start. Hosted source files are available under their own copyright and licenses. Worse if your machine produces a lot of hardware errors producing invalid work. They are the only meaningful way to mine bitcoin today. The –benchfile option hashes the work given in the file supplied.

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To recursively include another configuration file. I even struggled when the gold standard changed as currencies were floated. Perceived value is simply a mental construct that can easily run away with hype. It’s time to reduce the technosphere and value the biosphere and atmosphere in its original intended state. Crypto is just gambling trying to get in and out before the other suckers.

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Nothing is a good ‘asset’ with an unlimited supply.. The full startup output and a summary of your hardware and operating system. As miner.php is much more useful for setups with many devices.

  • There may be a limit to the number of USB devices that you are allowed to start.
  • Right now we are in a very inflationary regime and the inflation-adjusted 10Y just went positive for the first time in awhile.
  • Nothing is a good ‘asset’ with an unlimited supply..
  • Bitcoin’s deflationary (currently 2% inflation and reduces every four years), max supply is fixed (i.e. 21 million), no cost of storage and no difficulty in doing large transactions.
  • They are the only meaningful way to mine bitcoin today.
  • Crypto is just gambling trying to get in and out before the other suckers.