Maybe later this year. But really, it's a completely different cycle with Wall Street in control at this point. Previous cycles were all based on retail and honestly at this point, we can't compare. I love too how people keep trying to talk about an alt-season, but with all institutional eyes on BTC, I don't think alts are going to get the love as they did in previous cycles, as much as I hate to say it... But I hope I am proven wrong.
I would agree. I know a few people and I agree who said that many alt-coins will die. A few will survive but not all. Also what you said. Most people and institutional are looking on BTC. Also the Government thinking about a BTC reserve means a lot.
!BBH
I think some proof of work chains will survive like LTC, XMR, and BCH. Chains with actual infrastructure beyond a few servers. Privacy based chains will be bigger as more government intrusion on BTC and other transparent chains become the norm. Just my thoughts. I am focused on building out my mining infrastructure and currently mine XMR, and merge mine LTC/DOGE. I will be adding some smaller BTC miners soon as well, but have a goal to get to on XMR miners first.
DEFI and Web3 chains will come and go or become a dime a dozen kind of thing as we are already seeing.
I thought of mining XMR again too. I did it a few years ago but I don't know why I stopped. LTC mining would be interesting too. These are 2 coins who has been good for me in the past. Electricity is expensive here. I need some solar panels. XMR and LTC mining could work.
I agree with the DEFI and Web3 stuff. We saw a lot of hyped crypto stuff which died. I can't remember how many crypto games I played and how many NFTs I had and all the friends who went broke in these times.
!BBH
Yeah, it's been wild times man, lol. But I have seen it from a bunch of different sides, attempting several businesses on different chains including Hive, and going back to what worked the best for me in the past, good ole mining, lol.
Solar is definitely the key for me. I need to build a bigger array to add my 2 DOGE/LTC ASICs, but the entire XMR farm is on solar.
Whatever your CPU takes to run it. XMR is not mined by ASICs. I personally use Mac Mini M1 and M2s on the solar because of their extreme efficiency, resell value, and the fact that I have been an Apple guy for years, lol. I am looking to build a unit with a ryzen 9 fairly soon, but have to do some solar upgrades first.
Oh so it is still like it was back then. Nice... I have an old PC who could do the job. Do you post about the solar upgrade and mining experience? Would be nice to read about this.
I'm not sure if we can make it this year but 2026 seems reasonable.
!BBH
Anythings possible! But yeah its more likely that it will happen in 2026
I watch the predictions from Plan B who is always pretty acurate but I still think it will happen 2026.
!BBH
Either way, I wished I had more $BTC
Welcome to the club. You will never have enough. 😂
Maybe later this year. But really, it's a completely different cycle with Wall Street in control at this point. Previous cycles were all based on retail and honestly at this point, we can't compare. I love too how people keep trying to talk about an alt-season, but with all institutional eyes on BTC, I don't think alts are going to get the love as they did in previous cycles, as much as I hate to say it... But I hope I am proven wrong.
I would agree. I know a few people and I agree who said that many alt-coins will die. A few will survive but not all. Also what you said. Most people and institutional are looking on BTC. Also the Government thinking about a BTC reserve means a lot.
!BBH
I think some proof of work chains will survive like LTC, XMR, and BCH. Chains with actual infrastructure beyond a few servers. Privacy based chains will be bigger as more government intrusion on BTC and other transparent chains become the norm. Just my thoughts. I am focused on building out my mining infrastructure and currently mine XMR, and merge mine LTC/DOGE. I will be adding some smaller BTC miners soon as well, but have a goal to get to on XMR miners first.
DEFI and Web3 chains will come and go or become a dime a dozen kind of thing as we are already seeing.
I thought of mining XMR again too. I did it a few years ago but I don't know why I stopped. LTC mining would be interesting too. These are 2 coins who has been good for me in the past. Electricity is expensive here. I need some solar panels. XMR and LTC mining could work.
I agree with the DEFI and Web3 stuff. We saw a lot of hyped crypto stuff which died. I can't remember how many crypto games I played and how many NFTs I had and all the friends who went broke in these times.
!BBH
Yeah, it's been wild times man, lol. But I have seen it from a bunch of different sides, attempting several businesses on different chains including Hive, and going back to what worked the best for me in the past, good ole mining, lol.
Solar is definitely the key for me. I need to build a bigger array to add my 2 DOGE/LTC ASICs, but the entire XMR farm is on solar.
How much power does the XMR miner consume? And which model do you have?
Whatever your CPU takes to run it. XMR is not mined by ASICs. I personally use Mac Mini M1 and M2s on the solar because of their extreme efficiency, resell value, and the fact that I have been an Apple guy for years, lol. I am looking to build a unit with a ryzen 9 fairly soon, but have to do some solar upgrades first.
Oh so it is still like it was back then. Nice... I have an old PC who could do the job. Do you post about the solar upgrade and mining experience? Would be nice to read about this.
yea! That is one of the things I love about XMR is they have managed to stay ASIC resistant and focus on CPU mining as it should be!
Yeah, that is really good. Mining which helps the blockchain should be doable for everyone. No expensive equipment and no high electricity costs.
it can be so much as starting up the mining software when you are not using the machine.
Like an idle mode or something like that.
200K is too high target for next few months.
Anything is possible!