Future of Bitcoin

Hi Cortana, that’s quite a nice yield… What kind of rig are you using for this purpose?

Swissborg is also an option. But I cannot remember how long it took me for the KYC.

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Nothing that is optimized for mining.

Old PC with a 4770K CPU and GTX 1070, added a new RTX 3080. New PC with AMD 5950X and RTX 3090.

Will sell my old PC for ~CHF 700 and my RTX 3080 for whatever I’ll get in May/June 2022. Then I’ll also stop mining completely.

The heat is killing you in warmer days, my GF complained a lot and we agreed that I can keep it running till the next summer starts.

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Yuh also offers Bitcoin.

Do they sell “real” cryptocurrency?

Wasn’t Revolut’s crypto offering more like a CFD? That is, they’ll only give you the price development but no transfer outside of the platform.

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That’s why I don’t recommend using it. But still the fastest way to gamble that I know.

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I think that revolut was trying to enable crypto withdraws but I think it’s still on test mode…

I just wanted to buy 200€ for BTC/ETF to try out Celsius and get their referral bonus.
I have a Swissborg account and a very low amount there (probably 30 CHF) but their withdraw fees are ridiculous. 15 USDC, 0.0005 BTC… :man_facepalming:

Does Yuh allow crypto withdraws or is it like Revolut?

You should definitely look at Kraken or Binance anyway.

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I have both :smiley:
I transfered some money already to Kraken but it takes a couple of days…
No worries, I have to wait I guess. I am just too spoiled with most apps being able to move money in the same day

Well that’s quite impressive for this type of “older” hardware, nice! But as you mention the downside is really the noise, so if you have a sort of room such as a cellar or closet you could use for that it’s ok but else I would also hate to have to hear these fans cooling like crazy as background noise.

By the way which software do you using for mining with your GPUs?

Are you pleased with Swissborg? even though they have quite high withdrawal fees?

Yes i like it. I staked 2’000 CHSB in order to have community premium status. This lowers the exchange fees a bit, but I haven’t thought about withdrawal. I guess I will only withdraw when I will double or more my investment, so I think high fees then will not matter much.
What I like with them is the possibility to have a yield, with low risk in comparison with other Defi platforms.

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I thought the following article matches the topic of this post as this is the future of bitcoin :rofl:

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In the meantime BTC is back to 64K USD :rocket:

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Hello all!

Any thoughts about $BITO ?
The freshly new Proshares bitcoin ETF ?
TER 0,95!

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Why would you buy an ETF of Futures Contract when you can buy actual Bitcoin?

To me this appears to be like buying a ETF of one stock and paying 0.95% TER for it.

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Consider Celsius - yields are better, but it is not based in Switzerland.

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66999!

Very interesting to see how activity in the crypto forum correlates with Bitcoin price. Guys, if you want to increase your exposure to a risky investment only when it is at ATH, I suspect that you overestimate your risk tolerance. What did you do when Bitcoin went 55% down this summer?

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Haha, tried to figure out why it was happening (it wasn’t Elon’s tweet after all), did our best to ignore everything and actually bought a bit more.

DCAing every week a small amount and now investing every month a bigger amount :partying_face: (positive!)

And by the way, I prefer to hold real Bitcoin than the « Bitcoin » ETF :slight_smile: It’s not really interesting :thinking: