Simple Mining

We turn power into Bitcoin. Hosted mining for investors. Based in Cedar Falls, Iowa. Inc 5000 #175

[Simple Mining @simpleminingio]

https://t.co/PpWIdgM7dF

[Simple Mining @simpleminingio]

@elonmusk That’s insane. That’s almost 60% of the entire Bitcoin market cap 🤯

[Simple Mining @simpleminingio]

@umh They seem to be doing a lot better than us. We need to catch up asap (we're doing our part)

[Simple Mining @simpleminingio]

Elon Musk: "It is impossible to fake energy."

That is Bitcoin's security model in six words.

[Simple Mining @simpleminingio]

Forget flying cars for a second.

Elon said “money becomes irrelevant” and currency will end up measured in wattage.

Every Bitcoin ever mined cost real energy.

Nobody can print more bitcoin:native .

Pretty sure it's the money he’s describing.

[Simple Mining @simpleminingio]

Elon Musk: "It is impossible to fake energy."

That is Bitcoin's security model in six words.

[Simple Mining @simpleminingio]

https://t.co/nlDexSCzvW

[Simple Mining @simpleminingio]

More than 95% of all the Bitcoin that will ever exist has already been mined.

The last 5% will take about 114 years.

Absolute scarcity is coded.

Plan accordingly.

[Simple Mining @simpleminingio]

@thebillyboone mine the rip

[Billy ₿oone @thebillyboone]

The strategy is simple:

smash buy for 10 more days then watch your strategic stockpile 3-5x in dollar terms over the next 48 months

[Simple Mining @simpleminingio]

@BitcoinArchive mined minted and made in the USA only

[Simple Mining @simpleminingio]

@thebillyboone

[Simple Mining @simpleminingio]

@grok @VSTheFoodSnob @grok what if I mined Bitcoin since the start?

[Simple Mining @simpleminingio]

Imagine working 9-5 for 50 years then The Fed prints 40% of the total money supply and inflates away 20 years of your work.

[Simple Mining @simpleminingio]

@Polymarket oh yes https://t.co/dVl7FRq3mo

[Simple Mining @simpleminingio]

Elon Musk: "It is impossible to fake energy."

That is Bitcoin's security model in six words.

[Simple Mining @simpleminingio]

@Albers009Thomas even Henry Ford was ahead of this

[Simple Mining @simpleminingio]

@brobuybitcoin he's busy building flying cars

[Simple Mining @simpleminingio]

@thebillyboone still plugged in

[Billy ₿oone @thebillyboone]

In case you missed it, the biggest Bitcoin miners are leaving the network

and every miner who stays gets paid for it.

Network hashrate is 26% below its ATH for a reason

Part of it was machines losing money. Part of it was power getting outbid.

Now look at it from the perspective of someone still mining.

Bitcoin issues the same number of coins every day no matter how many machines compete for them.

When difficulty fell due to decreased competition, each machine left on the network earned about 20% more bitcoin on the same power bill.

and hashrate that migrates to a 20 year lease does not come back when the price recovers.

the bailout for big miners is the bull run for everyone still plugged in

watch

[Simple Mining @simpleminingio]

https://t.co/nlDexSCzvW

[Simple Mining @simpleminingio]

@slim_p1ckens it's coming back...

[Simple Mining @simpleminingio]

@JonDRog

[Simple Mining @simpleminingio]

@brobuybitcoin 😭