Simple Mining
@simpleminingio • 24,260 subscribers
We sell, host, and repair Bitcoin miners in Iowa for as low as $0.07/kWh all in.
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Videos
Satoshi created Bitcoin to be TIME. "Failure to understand Proof of Work is failure to understand Bitcoin" – Dergigi While gold is stuck in the ground, Bitcoin is stuck in time. Here are 7 MIND BLOWING takeaways from Jack Mallers take on "Bitcoin is Time"🧵
Simple Mining459,916 Aufrufe • vor 10 Monaten
By November, 95% of all 21,000,000 BTC will have been mined. Paper Bitcoin is coming to an end.
Simple Mining264,545 Aufrufe • vor 7 Monaten
"I'm too late to Bitcoin." Late compared to who? Your friend? Twitter strangers? Your coworker? Bitcoin: ~$1.7T market cap Gold: ~$30T Global assets: ~$300T+ Bitcoin is less than 1% of global investable wealth. The "too late" crowd said it at $1,000. Said it at $10,000. Said it at $60,000. Saying it now. Every cycle it ages like milk. You're not late. You're VERY early.
Simple Mining141,895 Aufrufe • vor 5 Monaten
The IRS is giving you a 100% write-off for buying Bitcoin miners. Under current tax law, Bitcoin mining hardware qualifies for 100% bonus depreciation. That means if you are a business owner or investor, you can write off the entire cost of your miners this year. Keep in mind, it is for the year they are placed in service. So if you are planning to capture a deduction on your April 2027 tax bill, your miners need to be hashing prior to December 31, 2026. If you have capital gains, passive income, or just a big tax bill, this is one of the most sophisticated ways to achieve a write-off and achieve Bitcoin exposure. If you are serious about building wealth and reducing your tax burden, this is the move.
Simple Mining72,650 Aufrufe • vor 2 Monaten
Coinbase is now accepting hashrate as collateral. This is a massive signal for the mining industry. They call it "Flexible Collateral Packages." Up to 50% hashrate / 50% Bitcoin If you run a tight ship, your machines are finally being recognized as the financial instruments they are.
Simple Mining113,262 Aufrufe • vor 5 Monaten
It's 2056. Bitcoin collapsed. Gold won. The world is back on sound money. You sell your car to a buyer across state lines. They show up with 8 gold bars and a portable scale. You weigh each one. Looks right, but you can't verify purity on the spot. You send it to an assayer. Results come back in 4 days. One bar is slightly under spec. You renegotiate. They drive back with a replacement bar. You retest. Three weeks later, the sale is complete. You try to deposit it at your bank. They charge a storage fee. You start wondering if there's a faster way to settle. Something digital, verifiable in minutes, divisible to eight decimal places, and transferable anywhere on earth without a single intermediary. Then you remember that existed once but we decided it was too risky.
Simple Mining79,830 Aufrufe • vor 3 Monaten
Comment your favorite thing about Bitcoin mining and we’ll run a 200 TH/s miner for you for 7 days free. You choose the pool And yes, if you’re wondering what the odds are: At 200 TH/s for 7 days, your chance of solo-finding a Bitcoin block is about 1 in 4,300
Simple Mining32,768 Aufrufe • vor 2 Monaten
How you respond to "The Big Print" will be one of the most important decisions of your life. Lawrence Lepard masterfully frames the problem and the solution (and it's not as complicated as you think) Understanding this will change the financial course of your bloodline🧵
Simple Mining83,221 Aufrufe • vor 10 Monaten
Common mining fear: "My machine will be obsolete next year." Reality: We're hitting diminishing returns on chip efficiency. The newest tech runs at 15 J/TH. The gains from here get smaller and smaller. Flip phone → iPhone = massive leap. iPhone 15 → iPhone 16 = barely noticeable. Mining hardware is following the same curve. The exponential improvement era is ending. The machines running today have longer runways than people think.
Simple Mining20,586 Aufrufe • vor 5 Monaten
We bought $250,000 worth of money printers No, that’s not a typo. That’s a fleet of ASIC machines from hardware wholesalers. The kind of humming beasts that consume electricity and mint fresh internet money like a rogue bank on steroids. Most people would call it reckless. But let me explain the thesis. Each printer packs hundreds of terahashes, hashing away to fund a numerical needle in a haystack. Under current market conditions, these machines are earning $532 daily in BTC revenue. The cheapest way to "print" sound money. That means it quietly outperforms most fiat presses when adjusted for scarcity utility. So what happens when nation-states start mining? When the hashrate wars escalate? The old "inexpensive" printers become the last accessible entry to the network, vanishing from stock overnight, just like your fiat bags when the Fed goes full QE. Those who positioned early will be printing while everyone else is desperately buying at premiums. The $250,000 position, therefore, isn’t a “gamble.” It’s an asymmetrical bet that adoption surges, hashprice climbs, and real monetary production — not promises — will matter most when the fiat games stop. Worst case? We still have $250,000 in robust, upgradable space heaters. Best case? We become the blockspace mafia — running the rails of global final settlement on the cybernetwork of truth. It’s not treasury companies, it’s not ETFs, it’s not even nodes. It’s serious hashpower autonomously minting — a claim on a crisis-resistant currency no Fed can counterfeit or confiscate. That’s deep value. That’s the Money Printer Standard.
Simple Mining21,086 Aufrufe • vor 7 Monaten
This is why the LAST PIECE of Bitcoin is released in 2140
Simple Mining22,050 Aufrufe • vor 9 Monaten
How to enter: 1) follow, like, repost 2) Fill out form in comments
Simple Mining13,123 Aufrufe • vor 8 Monaten
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