WEBVTT
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You know, Doge wats are coming
in, crypto Walter coming in. That's
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that's all good news. JP Morgan
owns critical etherium infrastructure. You have like
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they're cool, but they don't have
to prove it. The more that you
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can bridge to others, you safe, Moon being example. You're just as
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angry as I am as the example. But the more you brand millionaires,
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but I know, the more adaptable
you can come. Yeah, they're followers
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or whatever. Just jump on board
without even they oh, you know,
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they're they're rich, they know what
they're talking about. So welcome to Amigos
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00:00:34.399 --> 00:00:40.359
PC. If you were looking for
a podcast with high standards and an appreciation
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00:00:40.600 --> 00:00:46.359
for the finer things in life,
like water, Polo, ballet, equestrian
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writing, cricket and trips to the
countryside, you're in the wrong place.
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00:00:54.920 --> 00:01:02.640
If you're looking for a podcast that
celebrates drinking, random thoughts, wacky conspiracies,
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means crypto cinema and a lot of
other things that don't really make any
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sense, then you're in the right
place. This is Amigos PC and here
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your hosts, Scott and mark.
Hey, you, yeah, you,
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you're hearing this for a reason.
You haven't subscribed to the Amigos membership on
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super cash. Yet for as little
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our thirty dollar tier everything, plus
direct access to us via our discord channel,
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live Amigo Ama's portally giveaways and crypto
merge for dollar a day or less.
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You can support and am you go
out and we are live on Youtube.
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We're live. I also wanted to
have breaking news on my Robin Hood
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countdown, but it says it's unlisted. Why does it stay unlisted? Visibility
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public done. Oh, Nice.
So update my wallet position for Robin Hood
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has one point seven million now I
was one point nine. Oh, so,
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I'm so you're moving. You're moving
in the chain. Two of ass
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want to get rid of have something. Yeah, I've got some Robin Hood
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Fun that I want to get out
of. And Yeah, it's like an
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abusive relationship, right. Yeah,
can't leave. Can't leave as my money's
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tied up and and the bank and
the husband has the has the bank card
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and I can't get in. So
that's her Robin Haad News. But I
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am noticing and I am seeing on
Reddit that Robin Hood Is. You know,
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the wall's are real, like the
want to. So you know,
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doach waltz are coming in, crypto
waltters coming in. That's that's all good
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news, hopefully for those that are
stuck in Cre Robin Hood, similar to
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Scott Situation. You guys can get
out soon. Yes, yes, so
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it Lis. We are doing a
live on youtube. Not Event. We're
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going to start a new show here
pretty soon, probably within the the month,
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or next month I should say,
where weekly we're going to, or
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attempt weekly, to provide some information, crypto wise things like that on Youtube.
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So I am going to be dropping
this episode on the podcast. So
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if you are listening to this at
any time in the future, to for
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correlation, today's date is March Eighth, two thousand and twenty two. We
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are hosting these on youtube regularly.
We every now and then we will have
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a one of these episodes drop onto
our channel for the podcast so you can
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listen to it. But again,
if you are listening only on this episode,
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these episodes will be weekly on Youtube. So feel free to come to
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the Youtube Channel amigoes pc you can
check out all our content. Quick Promo
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Coastal Crypto if you want to head
over to the website coastal crypto miningcom.
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The website itself is an an a
sick resiler. Yeah, I can't even
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talk right now. This is ridiculous
to right. Yeah, you get the
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jitter since your first time. I
know it's my first time going live.
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Guys Getting No. So coastal crypto
mining is a host provider for data sent
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US facility providing hosting. Feel free
email us, go to our website get
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the contact information. Coastal cryptal miningcom. We do have a sick miners that
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we are selling and we have the
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to where, if anything problems come
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you one hundred percent. Again,
coastal crypto mining dotcom. All right,
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so this show, basically we are
going to be giving a few articles,
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we're going to give our insight on
them and then from there, at the
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end, we will have Qa.
If anybody's watching live and you guys can
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feel free to give us any questions
that you have, especially on topics that
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we talked about here, if you
could take us at Amigos pc so we
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can see those comments and from there
we'll get those answer. will try to
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filter through all the comments in the
actual common section so we can answer everybody's
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question. But if you do take
us, I will see it and then
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I can. It's very it's easier
to see and I will answer any questions
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from me. So onto our first
topic. How do you want to talk
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about how this is a you wanted
to make a disclaimer? I did.
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I did that already, did you? Yeah, it was like this going
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to be a pocket, like onetime
thing podcast. Gotcha. Gotcha, I
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was listening. Sorry. The first
article that we wanted to go over.
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This comes from company called protostcom.
So we are part of the side hustle
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enterprize discord channel. He also has
a Youtube John Maz that is, has
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a youtube channel side hustle enterprise,
and basically his group, or the people
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that are involved in his discord channel, had happened to share this article and
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I was giving my two cents I
told Scott, had shared this article with
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Scott as well and I thought that
it would be good for us to actually
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discuss this a little bit more detail
kind of go over the article, because
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it is pretty eye opening, if
for those that are, like, not
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really in the know or if they
have a genuine opinion of atherium or or
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are still trying to figure out their
opinion of etherium. So conceess cysts,
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so systems lawsuit reveals JP Morgan owns
critical etherium infrastructure. A group of thirty
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five shareholders of atherium giant Conscius Cease
Agcag, have filed for a special audit
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of the two thousand and twenty deal
that saw jp Morgan Chase a choir and
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of influential stake in two of its
flagship products. Former employees, who represent
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more than half of C AG shareholders, want and investigation into the matter,
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which allegedly saw fundamental intellectual property and
subsidiaries illegally transfer from SAG into the a
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new entity, consensus software incorporated,
CSI. This was in exchange for a
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ten percent stake in a new entity
and thirty nine million loan by CONSENSIS chief
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and etherium billionaire Joseph Lubin. According
to a press release, the deal known
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with or within CEAG as project North
Star, resulted in financial institution JP Morgan
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winning a significant slice of the company's
lucrative intellectual property, specifically Meta mask and
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Infura. So have to stop you
there real quick. I think anytime we
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see any of these like lawsuits or
anything that comes out that has like project
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North Star or Operation Death Star,
like they should know that they should start
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naming these little bit better, because
obviously you know that some shady stuff going
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on. Yeah, not like Operation
North Star, project North Star, like
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you're literally saying, you're that's here's
a red flat here. Yeah, evil
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enterprise, but I know they don't
care. They're just gonna obviously, I
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know we caught on. You have
our own history with the large entity that's
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involved here, and it's like we
already reading this article. I already knew
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that, like this is something that
is plausible, like it's not a fake
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article from what I've seen, and
then seeing inner workings from a company like
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this, here comes the lawsuit.
HMM. But yeah, it's especially naming
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shit like like this is the this
is typical. So both Crypto Wallet,
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Meta Mask and node network infia persist
as arguably the etherium ecosystems most critical infrastructure,
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and I agree with that. Meta
mask is a very huge component to
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atherium and BNB quite a few other
layer two tokens as well. Turns Out
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Wall Street, FATCATCH JP Morgan direct
profits from and even control the infrastructure it.
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So this it's a blow, very
eye opening. If you are a
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proponent to crypto or you are an
enthusiast of Crypto, you know that this
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right here is bad news for Crypto
in general. Now and anybody that's actually
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watching crypto or like following it and
in the needs, the kniche and you
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know all that stuff. This they
know like etherium is becoming more and more
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centralized on a day to day basis, like it's just a big machine that
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is now, I would almost say, like it's its own government entity,
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like the devs are really controlling what
is is projected for a theorium. I
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guess like they don't like the price, so they start implementing prot and,
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you know, things to start limiting
the amount of etherium that's out there.
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Like their affective the devs are affecting
a theium, the ecosystem itself in a
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centralized manner that basically leads it to
a Fiat currency, or makes it look
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like a Fiat currency, in my
opinion at least. UN plus, also
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with the banks getting involved, and
makes it less man no, exchanges are
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still at risk and they're not.
It's not your own wallet right where you'd
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want to keep your funds cryptocurrence wise, but it's the banks getting involved is
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going to it ruins the whole the
scape of cryptocurrency. The reason for it
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that we're that we're trying and you
know people that are really forty centralized,
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you know, currency, this kind
of these types of things are going to
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keep happening and it's gonna you know, they you know, chase, JP
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Morgan. Chase has, you know, other buddies that are going to look
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at this or find out about this
or probably already in the works. You
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know there's Bank of America, the
other ones you know wells Fargo. They're
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going to see that chase is doing
these kind of things and they're going to
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work and they sink their teeth and
if they haven't already. Yeah, yeah,
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so, I mean there's already a
p ANDC is partnering up with Coin
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Base to provide, you know,
different type of cryptocurrency products on their platform.
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So it for those that think that
it's great fundamentally for big time investments
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or like the mainstream investors, like, you know, big Wall Street companies
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like this getting involved in Crypto.
Like yes, we get to see the
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positives, you know, the green
days that you know, all the institutional
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investing that comes along with that,
and it helps, you know, drive
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the the FIAC correlation to the price. Yay. So the fundamentals of Cryptocurrency,
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though, is is eventually, cryptocurrency
shouldn't be tied to a Fiat like
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it one dough g equals one doge. So the fact that you have these
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investors that are now like basically,
you know, backdooring their way into the
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system. Mm you're going to start
seeing more censulzation, and etherium is a
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perfect example of that, because as
they make their moves, it's getting more
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centralized. Roof of steak. Move
that's coming is because they want to get
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more centralized. They think it's going
to offset fees. The verdict is really
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out on that. I personally don't
think that it's going to actually change the
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fees with within etherium make things cheaper
but they're going ahead with it regardless,
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like it proof of steak. They
think it's going to be the savior of
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atherium and they're, you know,
dictating the price accordingly to that. Just
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to finish the article itself. So
all, but we just talked about,
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you know, not exactly what Setoshi
not going to moto envisioned when he embedded
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canceller. Are On blink brink of
the second bail out. Four banks in
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Bitcoins, Genesis Block. Indeed,
project North Star has a proven incredibly lucrative
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for CSI shareholders like JP Morgan.
Typical, course, a year after the
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transaction, the IP in question was
used to raise funds for CSI. Out
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of evaluation of three billion. That
seems actually pretty small comparatively, especially for
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JPM after the count he's way concessist
spinoff CSI is expected to hit seven billion
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wild. That's ridiculous, you know, and it's funny. You know,
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we saw, I don't know last
year right, you saw a chase.
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You saw probably some other these financial
institutions saying how cryptocurrency is the Marqui the
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market manipulation that goes on, that
they basically say that it's not good.
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Don't do it. Yet they're doing
these backdoor deals or they're get their hands
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in it. So, yeah,
it comes down again. If these these
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bigtime companies are saying, Oh,
it's not good, trust me, they're
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buying it. It's good, yeah, or don't trust any that sounds again.
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That's not a bad I was recial. So we should put out that
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disclaimer. We're no financial advisors or
anything. Were financial advisors this. We're
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just kids on you, it's true, not even kids, not kids,
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idiots on idiots. That's better.
Yeah. So in addition, so we
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were talking about how, you know, the the culprit here, is known
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for doing some sketchy things, especially
with the past history that we have.
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The former contsts employees are invoking an
article of the Swiss code of obligations which,
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if successful, may render the deal
void at time the transaction. Both
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Lubin and board members for with winert
I don't know that is we're directors of
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both SAG and CSI. Unfortunately,
under Swiss and US law, dual representation
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and situations like this are not allowed. The shareholders are also flagging the fact
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that required annual shareholder meetings to be
delayed by two years, meaning that they
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had no idea of happening illegal deal
was even happening. Yeah, exactly,
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because these meetings never took place,
supposedly, never officially. Wine Art Winer,
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Wainer, I don't matter. Officially, was never reelected to the company's
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board and so was in no position
to authorize project the North Star. In
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lieu of these shareholder meetings, Lubin
hosted an informal informational events it late in
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two thousand and twenty one, in
at which C AG staff were informed their
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numbers would be slashed from one hundred
and sixty two thirty by the end of
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the years. They were talking about
layoffs, which is again typical of the
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main investor in this scenario. So
again, we're not financial advisors, but
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what we see here is just more
of the same, and this is again
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etherium is getting centralized. This is
the the tactics of entities that are centralized
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and essentially the tactics of those that, you know, Do Wall Street bidding
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right, and what comes with the
big banks and all that is, you
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know, that we try to stay
away from in the decentralized world. It's
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more regulation and more, you know, more fees. I mean not that
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the thereeams fees are the greatest anyways. But you know, the more more
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things that you know, red tape, overlays and yeah, all these things
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that makes it so much harder to
own, which move your own money,
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which is the art. The argument. Now it's like, well, can
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cryptocurrency be regulated? Like you're talking
about a decentralized, you know application,
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and we age had a guest on
our show, the CEO of divvy,
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Nick Sepernaro. He the divvy project, the divvy Wallet Blockchain. He said
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it very well, which was when
the Internet was created, the Internet cannot
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be regulated, but those that are
on top of the Internet, making and
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developing the Internet, can be regulated. So I think what it comes down
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to is that cryptocurrency may not be
regulated, but they're going to they're going
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to try, they're going to give
it all, they're all to try and
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but at the end of the day
you're going to see the developers of,
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you know, etherium or any of
the projects themselves, they may get regulated
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just to make a status quo of
cryptocurrency in general. So we got to
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keep an eye on that. This
is a fight that's going on right now
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and we definitely need to do our
due diligence and vote in those that are
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in favor of keeping crypto what it
was intended to which basically is a decentralized
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peer to peer platform. All right, so segueing to our next topic,
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which you know, still crypto,
but it also brings in the retail market
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a little bit. Our Buddy over
at side hustle enterprize, huge proponent of
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this one with AMC. He's huge, wouldn't say fan boy, but he
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definitely has his his eyesight on some
type of squeeze at some point. Now
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I will tell you this right now. I'm not invested in or anything.
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I highly doubt Scott is invested in
anything. Letting not see. And I
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don't do any type of retail investing, so it keeping all my stuff out
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of this. This literally means almost
nothing to me. Is Base but the
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CRYPTOTIE. That's why this news are
we're talking about, and I know you're
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not a big fan of Sheba,
but we are a big fan of that,
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which we can get into. Our
Big Fan of the other side of
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it. Basically, in the story
it's AMC who is it's kind of a
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watch and see situation where we're seeing
what will happen. Apparently, back in
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November the AMC decided to take on
Bitcoin to take to be able to use
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at their locations cryptocurrency. So now
they're talking about using some of these other
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ones, which is Shiba and Doge. So they're expecting to see, you
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know, how it will work.
Another big, big revenue. That's actually
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that the that comes through a lot
more than actual cash, which pretty much
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every in these days. They're saying
apple, pe, Google pay and paypal
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already some the other ways people are
using to go the movies. Granted,
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I know me and you both probably
aren't big go to the movie type folks,
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so this doesn't really hit us.
I think they're whether they're trying to
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do is reach some of these you
know that the younger people who are are
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in the crypto market and as a
crypto market blows up and gets more and
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more towards the younger generation, because
the older folks aren't really seeing it.
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Until, you know, you go
to a chase etherium branch to access your
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money, you're in the future,
probably. But what basically it comes down
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to is, you know, if
they do take on Doge, and we
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are a big fan of Doge,
we mind doge and and I honestly if
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I thought that there was an article
out there at some point that they were
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debating on does well, it says
it saysn't more. Honestly, I do
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think March is when they're going to
start with this one. He's loge,
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yeah, at the same time.
So I'd like to see, I'd like
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to see the difference, you know, like the actual utility uses it of
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these two of WHO's using more,
basically as as a right now. Sob
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was about, you know, the
value on Sheba was very you know,
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you have it's for Zeros in a
two right decimal point, so it's two
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zero or a point throws earlier or
too, and the doges at eleven cents
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right now as a time of this
article that we're reading. But basically a
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kind of lets you know that we
need more of this. I guess you
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can say for these for the mean
coins or the whatever you want to call
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them. Right. I don't really
consider doj I mean coin, and again
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I'm a big fan of it.
I think it's the People's coin. But
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she was kind of the one that
kind of jumped on doage's back and they're
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getting traction from it. So I'm
they can succeed. Why not? Yeah,
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honestly, like, well, every
yeah, every bull cycle, there's
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tons of coins that pop up,
as this has been a repeated thing for
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cycles, if you go into history
of Crypto, and then there are a
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lot of them that just don't make
it at some point, you know,
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they fade away. Or she would
rug had quite a bit or they wrote
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poll. Yeah, we can rup
pulled regular basis, but now we don't.
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I mean we have been rug pulled, but yeah, yeah, Gospel.
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I'm just making shoot. Anyways,
Sheba came out swinging, you know,
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making attacks at the creator of Doagcoin, who, seriously, is at
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this point just a mascot. He
has nothing to do with the development of
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doagecoin anymore. Like he has not
made any real money off of doachecoin.
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He since he sold, you know, a majority of his stuff way back
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when. So and to speak for
him, but that's just those are facts
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that are out there. Sheba.
You know, they got a little popular
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because they did that and then,
you know, saying that, you know,
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doagecoin didn't have any utility. Then
come to find out, you know,
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it's doagecoin gets a little bit more
accepted things like that and who hits
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the market first? Right. So
we've already seen doagecoin implemented through the Mavericks,
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right. So you can buy merchandise
at the Mavericks, you can buy
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Tesla Merchandise and in that and that
it in itself should tell you that Doagecoin
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is a coin that can be mass
adopted utility wise for a peer to peer
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transactions. Because the day that Tesla
announced they were going to accept Doagecoin,
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I don't want to say and now, like the day that they launched their
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their site accepting Doagecoin, everything got
sold out. That they five or six
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items that they put on their merch
which wasn't just merch either. You know,
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they you could buy the their Tesla
Tequila with dode. You could buy
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some, even though Tesla have to
Quila, you know, electric vehicle.
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Yeah, yeah, so once a
year. He just I think he actually
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does it now more than once a
year, because he's since he's accepted Doge
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he's done it twice now. So
I don't know if he's just like making
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00:25:23.839 --> 00:25:27.000
it as he can, or I
don't know exactly. I have to look
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do a little bit more research.
In the end of the AEQUILA. I
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want some. So eventually we're going
to get some via Doge. But yeah,
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they had like an electric vehicle,
you know, like that tests the
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mother little luxurio that take it doesn't
truck. Yeah, they had called belt
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00:25:44.880 --> 00:25:51.200
buckle. There's a bell buckle to
for seven. So it's yeah, and
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everything sold out. And then that's
the thing too, like they so and
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then they re uped their inventory.
That's the reason why they did the Tequila
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00:25:57.680 --> 00:26:03.160
for a second time and they sold
out again, like they couldn't keep things
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in stock because Doge in the excitement
with dot and them, you know,
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00:26:07.079 --> 00:26:14.839
going through and buying out everything saw. Yes, I'm not a huge fan
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of Sheba. I hate how they
they introduce themselves to the world and I
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sold immediately as soon as I started
seeing that. So I am not a
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proponent of Sheba, but I do
want to see, you know, Sheba
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00:26:27.440 --> 00:26:30.400
and dog. I want to see
what the numbers look like with from AMC.
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So hopefully maybe they do like on
a shareholder call or something and we
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00:26:33.440 --> 00:26:38.440
get some insight from John Maybe from
that and seeing who out they formed.
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00:26:38.519 --> 00:26:41.400
You know, that will be all
of the Doge helt before you know.
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That's going to be all over Reddit
as far as yeah, the whole like
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the because it's the Sheba. Yeah, the she army in the Doe Ed
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Im, you know, all the
mean people going to war. Yeah,
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whole thing. Yeah, they're going
to go. Yeah, exactly, they're
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00:26:55.799 --> 00:26:59.200
gonna go to even though Doge like
the community is to be like chill and
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00:27:00.039 --> 00:27:03.079
and not be like that, but
it still happens. It doesn't. There's
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always, you know, a couple
smucks that really do. Just like those,
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the kids, like the kids on
the bus that don't try to act
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cool, but they're just sitting there
and they're like they have like they're cool,
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00:27:15.319 --> 00:27:18.680
but they don't have to prove it. She was like the douchebags in
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the back, like throwing candies and
stuff, with the kids up in the
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middle of the front. You know, that's kind of how I see it.
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I mean I own both. I
have I own sth like I'm all
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00:27:30.079 --> 00:27:34.279
fancy. I have shares on both
of them and you know, but toads
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the only one that I truly care
about for the one. I'm just hoping
328
00:27:37.759 --> 00:27:44.559
right get that whole cross your fingers
and see what happens. Yeah, which,
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00:27:44.720 --> 00:27:48.359
before we before we end, everything
will kind of go over what we've
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done and basically a message that we're
like kind of conveying to everyone, or
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at least like people are like are
hosting with us and just telling them,
332
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you know, what we're doing to
see you can kind of get inside it
333
00:28:00.440 --> 00:28:03.920
and actually what we're doing with the
mining. The other two little steps I
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00:28:04.000 --> 00:28:07.079
just want to show here. On
AMC. They have a hundred, for
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00:28:07.880 --> 00:28:11.480
a thousand or four movie theaters and
they're in fifteen countries, which I was
336
00:28:11.640 --> 00:28:18.400
quite shocked at they have that much
going on. Yeah, one thing that
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kind of makes me nervous, especially
now AMC tying with Crypto, the popcorn
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prices. I don't know, like
you said, for you know. Well,
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no, we're not. We're we're
not, you know, avid moviegoers
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00:28:32.440 --> 00:28:37.319
and here in Arizona AMC is not
the theater that I'm going to, even
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00:28:37.359 --> 00:28:41.839
though they're probably is one closer to
me that than Harkins, right, but
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00:28:41.039 --> 00:28:47.079
Harkins and just overall is a better
movie theater and movie going experience. What
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I saw on the Internet the other
day. Not to knock am see,
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00:28:48.960 --> 00:28:53.640
but they're like some of their theaters
are not up to today's standards from movie
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view and watching. So that's something
that AMC does need to end address as
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00:29:00.279 --> 00:29:04.599
they bring in Crypto, because you
are going to get the twitter trolls right,
347
00:29:06.039 --> 00:29:11.200
you're going to get these guys that
are fully invested in Crypto, and
348
00:29:11.720 --> 00:29:15.000
I'm not saying that you know people
from dog our, Hoy Toyd or anything
349
00:29:15.079 --> 00:29:18.839
like that, but they're going to
have a standard. And I'm not saying
350
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like yeah, I'm that kind of
person either, but if you saw some
351
00:29:22.400 --> 00:29:26.640
of the pictures that I saw,
AMC has some things to address. They
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00:29:26.720 --> 00:29:30.880
need to come up to the current
age of movie theater going experience. Yeah,
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00:29:30.920 --> 00:29:34.200
I mean they definitely need to.
I mean they had a whole bunch
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00:29:34.240 --> 00:29:38.440
of time to revamp right there.
They were closed for for several they could
355
00:29:38.440 --> 00:29:44.000
have remodeled so much years with not
being able to go the movies. So
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00:29:44.480 --> 00:29:51.039
yeah, yeah, missed opportunity.
But what we shall see what they do.
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00:29:51.559 --> 00:29:52.319
And Yeah, you're right, there's
going to be those people that are
358
00:29:52.359 --> 00:29:56.039
going to go on there and they're
just gonna bash their experience. What's that
359
00:29:56.119 --> 00:30:00.839
say? You know, that's anytime. Come on, I mean we're part
360
00:30:00.960 --> 00:30:06.880
of twitter, right, that that
has this community. Like we know what
361
00:30:07.160 --> 00:30:11.759
that community is and it looks like
it's kind of crazy. I can get
362
00:30:11.839 --> 00:30:15.759
crazy. We definitely I got to
figure out like a whole dark mode over
363
00:30:15.839 --> 00:30:21.160
here, because this this the wife
is bright, right ass, yeah,
364
00:30:21.440 --> 00:30:25.839
that's bright. So the last the
last one. This is actually going to
365
00:30:25.880 --> 00:30:27.440
tie into what we're going to finish
off with, which kind of just talking
366
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about the stuff that we're doing and
and how we're moving forward because of the
367
00:30:33.480 --> 00:30:37.960
shenanigans that is going on with the
theorem. So, which that's we're going
368
00:30:37.000 --> 00:30:41.920
to end on that with everything.
So the top five cryptocurrencies to watch this
369
00:30:42.119 --> 00:30:48.680
week in relation to time. If
you're listening or watching this in the future,
370
00:30:49.599 --> 00:31:00.200
today again, is March eighth or
twenty twenty two? Yep, never
371
00:31:00.319 --> 00:31:03.839
know. Yes, time travel.
Never let a cryptocurrency works. You can
372
00:31:03.960 --> 00:31:10.920
time travel by viewing their black chain. So top five to watch this week
373
00:31:11.000 --> 00:31:17.680
BTC, xarp, near Xmr and
waves. So I will be honest with
374
00:31:17.759 --> 00:31:19.839
you, I have never heard of
near and I've never heard of waves.
375
00:31:19.960 --> 00:31:26.079
So this is going to be a
good conversation. Bitcoin. BTC Plunge Blow
376
00:31:26.200 --> 00:31:32.960
Fort K on March fourth and has
been trading below the level throughout the weekend.
377
00:31:33.160 --> 00:31:37.680
Although the CRYPTO price action has been
volatile the past few days. Last
378
00:31:37.759 --> 00:31:48.279
no data shows that institutional investors have
been gradually accumulating BETC through grayscale Bitcoin Trust,
379
00:31:48.599 --> 00:31:52.440
which that that something might look into. I wonder if they're owned by
380
00:31:55.400 --> 00:31:57.759
like black rock or anything like that. I'll share. Since December, two
381
00:31:57.799 --> 00:32:02.960
thousand and twenty one, another positive
sign has been that fund managers have not
382
00:32:04.319 --> 00:32:10.720
panicked and dumped their holdings in GBTC. This to suggest that managers possibly are
383
00:32:10.759 --> 00:32:15.960
bullish in the long term. Hence
they are riding out the short term pain.
384
00:32:15.319 --> 00:32:20.960
So just to stop there and talk
about BTC in general and my opinion,
385
00:32:21.039 --> 00:32:24.640
at least, or our opinion as
so, why they may be doing
386
00:32:24.759 --> 00:32:28.640
this. And again, we're not
financial advisors. Were just two idiots on
387
00:32:28.680 --> 00:32:32.559
the Internet talking to you guys,
telling you what we're doing and our insight
388
00:32:32.680 --> 00:32:39.160
in this stuff. And with BTC. BTC always goes through having and those
389
00:32:39.279 --> 00:32:42.559
encrypted in the crystal space. They
know what the having is. They know
390
00:32:42.680 --> 00:32:45.799
the cycle of the having all that
stuff from in two thousand and twenty we
391
00:32:45.960 --> 00:32:49.400
just passed one. We're full blown
now into two thousand and twenty two,
392
00:32:49.720 --> 00:32:52.400
two years away from the last having
her about a year and a half ish
393
00:32:52.799 --> 00:32:58.440
about right. And what usually happens
when a having starts to approach? Within
394
00:32:58.880 --> 00:33:04.720
a year or so of it,
you, they start to damn it steamy,
395
00:33:05.319 --> 00:33:10.960
you, you fucking your message threw
me off. Anyways, BTC ends
396
00:33:12.039 --> 00:33:15.599
up the having starts to approach,
people start to see the having having.
397
00:33:15.759 --> 00:33:21.480
Usually happens that they're cutting the reward
of bitcoin. So miners, the companies,
398
00:33:21.599 --> 00:33:25.759
the little guys like US Mining Bitcoin, they're losing their reward. So
399
00:33:25.839 --> 00:33:30.240
there's going to be less bitcoin on
the market once it's having happens. So
400
00:33:30.359 --> 00:33:35.359
what happens during when the lead up
to the to the having, the price
401
00:33:35.799 --> 00:33:39.839
the Fiat Association Two bitcoins start to
skyrocket because people start to see the Foamo.
402
00:33:40.799 --> 00:33:46.960
And so these companies are anticipating that
happening again, and so I can
403
00:33:47.000 --> 00:33:52.440
see why they're not selling either.
They're holding in, basically waiting for the
404
00:33:52.559 --> 00:33:59.400
next pump. If you remember Scott
like this last bowl run right, and
405
00:33:59.720 --> 00:34:01.440
I'll be the first two it.
I don't mind to say first to admit,
406
00:34:01.559 --> 00:34:06.720
but we definitely are not in a
bowl run anymore, whether people want
407
00:34:06.720 --> 00:34:12.199
to call it kangaroo or the kangaroo. Want to call it yeah, or
408
00:34:12.280 --> 00:34:14.280
they want to call it up that. Yeah, that's a new term.
409
00:34:14.320 --> 00:34:17.400
I just going to sense kind of
just keeps bouncing up and down. That
410
00:34:17.559 --> 00:34:20.800
makes it's going up and down,
up and down, up and down,
411
00:34:21.039 --> 00:34:23.239
or if it's like a bear run
right, I don't know if we're in
412
00:34:23.239 --> 00:34:27.559
a bear run. I honestly can't. I don't think that that's what's going
413
00:34:27.639 --> 00:34:30.599
on right now, but I don't
for see that like a bear run really
414
00:34:30.719 --> 00:34:35.239
is going to hit now. Are
we in a crypto winter? Definitely,
415
00:34:36.320 --> 00:34:40.800
in some form shape something of a
crypto winter when it comes to like mining
416
00:34:42.119 --> 00:34:46.119
and just the way crypto because crypto
just feels off right now, especially in
417
00:34:46.199 --> 00:34:52.400
the in the perspective of a minor. It feels off. Where was I
418
00:34:52.480 --> 00:34:58.199
going to see these value that we're
going or basically, yeah, so when
419
00:34:58.239 --> 00:35:01.679
you correlate it, correlate the the
value to Fiat right, which we should
420
00:35:01.719 --> 00:35:05.440
not be doing anymore. We really
need to get away from that. But
421
00:35:05.559 --> 00:35:08.199
it's, you know, the beat, the we let the pocket out,
422
00:35:08.280 --> 00:35:14.199
or whatever you want to call it. People will get Fomo and they start
423
00:35:14.280 --> 00:35:16.440
to that you'll start to see the
value start to increase as we get closer
424
00:35:16.480 --> 00:35:22.800
to this having and you start to
see the reward to minors dissipating, especially
425
00:35:22.840 --> 00:35:27.599
after now what do I see?
Besides the five cryptos that were just talking
426
00:35:27.679 --> 00:35:30.599
are you, that are mentioned in
this article? I see that other all
427
00:35:30.719 --> 00:35:35.880
coins may actually see an uptick because
of that. If you want to use
428
00:35:36.000 --> 00:35:40.599
the correlation to Fiat currency. One
of those coins Raven coin. Ravencoin is
429
00:35:40.639 --> 00:35:45.639
a fork of bitcoin and they already
had their having. Well, shortly after
430
00:35:45.760 --> 00:35:50.679
bitcoins having they're going to have another
one. So we could see an it's
431
00:35:51.000 --> 00:35:57.519
an expectation of an increase to that
as well. You have any feedback?
432
00:35:57.639 --> 00:36:02.119
No, I like it Woin Scott. I like it looks good, solid
433
00:36:02.159 --> 00:36:07.519
performance. Yeah, one thumb up. Yeah, one thumb up yeah,
434
00:36:08.559 --> 00:36:12.960
for Bitcoin. So I mean everybody
knows bitcoin. BITCOIN is king. BITCOIN's
435
00:36:13.000 --> 00:36:15.519
not going anywhere, even if they
try to implement some type of regulation,
436
00:36:15.679 --> 00:36:21.960
Bitcoin is always going to be here. There are more and more big time
437
00:36:22.159 --> 00:36:27.679
companies getting involved with bitcoin mining,
like there was literally just one that had
438
00:36:28.280 --> 00:36:34.159
did a series B investment. People
can actually buy into the company and they're
439
00:36:34.239 --> 00:36:37.039
using all that money to buy bitcoin. Miners are going to be opening up
440
00:36:37.159 --> 00:36:42.360
a wild facility in North Texas.
I'd have to look up the name.
441
00:36:43.239 --> 00:36:46.280
But yeah, it bitcoin mining is
here to stay in it it is just
442
00:36:46.519 --> 00:36:53.679
growing or constantly. XRP, ripple
the next one that they talked about in
443
00:36:53.800 --> 00:36:58.679
this list. So I'm not having
but of ex yes, I'm not a
444
00:36:58.679 --> 00:37:02.960
big fanily hasn't done, don't as
much as I hoped it would be.
445
00:37:04.559 --> 00:37:08.119
Let's just say that that was over. Well, they're still in contention with
446
00:37:08.199 --> 00:37:13.000
the SEC, which also could be
another backdoor for the government. I thought
447
00:37:13.039 --> 00:37:19.199
they they're not letterating any headway with
this and I well, no, so
448
00:37:19.400 --> 00:37:22.679
they're. They're still in contention with
the SEC. It's not like they solved
449
00:37:22.679 --> 00:37:25.400
anything. They definitely have voted that. They have said that they're not a
450
00:37:25.519 --> 00:37:30.639
security which is something they were fighting
with the SEC, but that beyond that.
451
00:37:31.760 --> 00:37:36.800
So well, let's just read the
article and see what they're what they're
452
00:37:36.840 --> 00:37:42.840
saying. So ripple XARP has been
attempting to rise above the downtreadline for the
453
00:37:42.880 --> 00:37:47.800
past few days. The bears have
held their ground. A minor positive is
454
00:37:47.920 --> 00:37:52.960
that the bowls have not given up. These are the xrp fan boys and
455
00:37:52.119 --> 00:37:59.599
are trying to defend the fifty day
SMA seventy two cents. This is the
456
00:37:59.679 --> 00:38:05.800
thing dude, like Alt coins have
trouble maintaining in a market that is volatile
457
00:38:05.920 --> 00:38:10.800
like it is right now. Bro
O read, I don't have to figure
458
00:38:10.800 --> 00:38:17.719
that out. So it's it's going
to be down no matter what. Right
459
00:38:17.760 --> 00:38:22.719
if you're going to continue correlating it
to Fiat currency, it's going to be
460
00:38:22.840 --> 00:38:27.440
down in relation. My thing it, my thing would be is to find
461
00:38:27.599 --> 00:38:30.239
x ARP, because this is a
proof of stake coin. It's not a
462
00:38:30.719 --> 00:38:32.519
you can't mind it in any way. Fin will find a way to mine
463
00:38:32.559 --> 00:38:37.079
it because there are options like pro
hashing, link in the description below,
464
00:38:37.480 --> 00:38:42.880
or an affiliate. But basically,
find an alternative avenue of trying to find
465
00:38:42.960 --> 00:38:45.679
us. If you're going to stick
to it, when the bowl run comes
466
00:38:45.760 --> 00:38:51.000
back in, you will see coins
like the xrp's not going anywhere. They're
467
00:38:51.000 --> 00:38:54.000
not going anywhere, so you'll start
to see the pump again in lease,
468
00:38:54.079 --> 00:39:00.880
my opinion. So near what is
near, near protocol is sandwich between the
469
00:39:01.199 --> 00:39:08.280
moving averages for the past few days. This shows that bears are selling rallies.
470
00:39:08.719 --> 00:39:15.239
The SMA is eleven wow, things, wow, while bowls are buying
471
00:39:15.280 --> 00:39:22.679
the dip. Twenty Day Ema.
HMM. Ten dollars, okay, the
472
00:39:22.440 --> 00:39:29.400
RSI is near the midpoints, contrary
to exception in the price breaks stains.
473
00:39:29.599 --> 00:39:31.960
Okay, it's just that one slips
her hurting shit on their list. Care
474
00:39:32.000 --> 00:39:42.639
about that? Yeah, the the
pair picked the bullish momentum. Will's do
475
00:39:42.800 --> 00:39:46.800
this. What is near near protocol? It's actually look at it and see.
476
00:39:47.119 --> 00:39:54.599
Okay, is it worthwhiles when Peek
your into to call? No,
477
00:39:55.480 --> 00:40:00.519
not really, but I mean we'll
figure it. How are your business with
478
00:40:00.719 --> 00:40:07.400
near? Okay, maybe in my
interest me, a pathway and new financial
479
00:40:07.440 --> 00:40:14.480
system. Also the same stuff we
always see Oversata, okay, coin,
480
00:40:15.639 --> 00:40:20.239
global license exchange with off every system. That's just that's expensive real estate.
481
00:40:20.280 --> 00:40:27.960
Sing A. Poor Singapore is always
positive for Crypto. Yeah, solve hard
482
00:40:28.039 --> 00:40:35.800
problems by it or like it.
Institution earn prices features. Do you have
483
00:40:37.039 --> 00:40:46.360
a white paper? No, I
must be good, because offices in San
484
00:40:46.400 --> 00:40:51.440
Francisco, I would you say?
The state isn't cheap. This right here
485
00:40:52.679 --> 00:40:57.639
kind of worries me. So a
little backstory. You can kind of Google
486
00:40:57.719 --> 00:41:02.039
this a little bit. Any company
that involves an option where you can get
487
00:41:02.559 --> 00:41:09.360
free Bitcoin, there is a large
institutional backing that is involved, like some
488
00:41:09.480 --> 00:41:15.360
of the og big investors, black
rock would be a good example of that,
489
00:41:16.119 --> 00:41:22.239
where they were the proponents of,
you know, mass adoption and giving
490
00:41:22.320 --> 00:41:27.639
out like hey, here's you.
Do this for ten dollars in Free Bitcoin.
491
00:41:28.039 --> 00:41:30.679
Do this for ten dollars a free
bitcoin. So this. When I
492
00:41:30.800 --> 00:41:36.000
see something like this, it already
tells me that they probably have that kind
493
00:41:36.079 --> 00:41:42.960
of institutional lending involved somewhere or institutional
investment involved into their company. That that
494
00:41:43.119 --> 00:41:49.199
kind of makes me a little weary
of it. But like they don't even
495
00:41:49.280 --> 00:41:52.239
have like a paper, then,
don't have nothing that like really tells us
496
00:41:52.320 --> 00:41:57.760
anything about their call. There a
better way to bitcoin. Weird. Yeah,
497
00:41:59.360 --> 00:42:01.000
if I can't see a wipe.
I'm not saying like the white papers
498
00:42:01.119 --> 00:42:05.360
the end all be y'all, but
like there's got to be something like this.
499
00:42:05.719 --> 00:42:09.719
Like this just seems like some kind
of and you have like Instagram,
500
00:42:09.920 --> 00:42:16.480
water somebody photos like the yeah,
exactly, this doesn't. This doesn't really
501
00:42:16.559 --> 00:42:20.840
appease or pop out of me to
say that. Yeah, really, so
502
00:42:21.679 --> 00:42:30.400
that one with caution, everybody.
Right. Xmr Xmr so stellar. No,
503
00:42:30.559 --> 00:42:32.719
Minaro, that's right, I don't
know. I'm minarow. I thought
504
00:42:32.719 --> 00:42:36.880
it was still and I think it
was stellar. I don't know, by
505
00:42:36.960 --> 00:42:42.480
the way, and manarow. So
minnaro has been in the limelight as of
506
00:42:42.599 --> 00:42:45.679
recently. Of surprise actually they would
even list it. With what's going on
507
00:42:45.800 --> 00:42:52.239
with Minaro. Manaro was one of
the factors that actually caught the two billionaire
508
00:42:52.519 --> 00:42:58.320
bitcoin hackers that basically they were moving
bitcoin into Minaro to try to disperse it
509
00:42:58.360 --> 00:43:04.079
out to multiple wallets. The government
found a way to track all of their
510
00:43:04.159 --> 00:43:08.880
transactions and hissing and basically where things
were painting out in manarow system. So
511
00:43:09.000 --> 00:43:15.199
that means that the government has some
exclusive access or a back door, or
512
00:43:15.360 --> 00:43:21.440
they did so they say that they
were good old fashioned detective tracing, but
513
00:43:21.639 --> 00:43:27.480
let's be serious, man were in
a day and age where crypto is beyond
514
00:43:27.960 --> 00:43:36.199
our comprehension in those cases. So
I would tread with caution that this is
515
00:43:36.239 --> 00:43:39.239
a CPU mindable coin. So if
you are going to like I wouldn't out
516
00:43:39.280 --> 00:43:43.360
where I buy it, but if
you could try to mind it's very difficult
517
00:43:43.400 --> 00:43:45.199
to mind. You need a large
amount of CPUS to mind it, but
518
00:43:45.880 --> 00:43:51.519
I definitely that would be the route
that I would go to acquire it.
519
00:43:51.840 --> 00:43:53.239
I'm not saying anything good or bad. It's been around for a while.
520
00:43:53.280 --> 00:43:59.079
It's going to be around, so
I assume that once the next bull market
521
00:43:59.159 --> 00:44:01.280
comes up, you know, you'll
see a price increase with it. I
522
00:44:01.440 --> 00:44:08.440
just I wouldn't be buying it out
right. Waves waves, US us DT,
523
00:44:09.880 --> 00:44:15.000
which I don't like the fact that
this, this article, is like
524
00:44:15.199 --> 00:44:19.880
correlating everything to us DT. That's
tether, like tether is supposed to be
525
00:44:19.960 --> 00:44:23.400
a dollar, but teller's also sketchy. Is fucked too, like byally just
526
00:44:23.480 --> 00:44:28.239
in print. It's probably grant more
money than the government die like it's crazy.
527
00:44:29.239 --> 00:44:37.079
Yeah, probably paid by telling from
yeah, form a double bottom pattern.
528
00:44:37.239 --> 00:44:40.840
Yeah, I'm not into this.
The trading stuff. I don't know
529
00:44:40.960 --> 00:44:47.719
what they skim from that Crypto,
crypto site, but of course, yeah,
530
00:44:49.400 --> 00:44:53.280
you never know. All right,
well, let's look at let's let's
531
00:44:53.280 --> 00:44:58.599
do what we did with the other
one. So waves, waves, coin
532
00:44:58.679 --> 00:45:07.280
market cat. Let's go to market
cap first. Always ads waves was called
533
00:45:07.360 --> 00:45:20.239
waves. We're waves. It's not
on there. It's not even on quite
534
00:45:20.280 --> 00:45:24.719
market cap. All here it is. That's good. Twenty one dollars.
535
00:45:24.920 --> 00:45:30.559
But Way, you know, all
right, I should have actually went to
536
00:45:30.679 --> 00:45:36.760
the to coin market cap at the
other one by now. By now,
537
00:45:37.000 --> 00:45:44.880
all right, let's go to their
website. Waves Protocol Technologies, release case
538
00:45:45.000 --> 00:45:51.880
studies, waves ducks, metaverse duct
paper, Waves Protocol two thousand and twenty
539
00:45:51.960 --> 00:46:00.960
one. Wave by becoming from EMA
in exchanges to viral products in INN vative
540
00:46:00.280 --> 00:46:07.719
mechanics. The past year has brought
many new applications. Wave Keeper too,
541
00:46:07.400 --> 00:46:13.679
a new chapter not a month or
team presents a batch of feature waves keep
542
00:46:13.679 --> 00:46:17.400
yourself. There's continued development on it. That's nice. So usually when we
543
00:46:17.440 --> 00:46:22.079
get into markets like this, well
more so bear markets, you start to
544
00:46:22.159 --> 00:46:28.159
see development kind of fade off,
red lact which is a because they can't
545
00:46:28.199 --> 00:46:34.519
sustain the market. A Red Flag
like yeah, introducing duck hunters. Dunk
546
00:46:34.559 --> 00:46:39.679
hunters is a game mechanic combining nit
collickables and yield farming developing force. I'm
547
00:46:39.719 --> 00:46:47.679
wondering if they're on the theory and
P watching. They're putting issues RC twenty
548
00:46:47.760 --> 00:46:52.760
four, collaboration of the the theorem
network integrates with Solana. Okay, so
549
00:46:52.840 --> 00:46:59.320
they're building bridges two different CRYPTOS,
which I like. That that is a
550
00:46:59.480 --> 00:47:02.239
good sign. I'm not a fan
that they are were theory or if you're
551
00:47:02.280 --> 00:47:09.280
at one on a little bit earlier
and I explain why? But yeah,
552
00:47:10.400 --> 00:47:17.480
but the more as like a secondary
coin, like an Alt coin, right,
553
00:47:17.599 --> 00:47:22.239
the more that you can bridge to
others, you know, safe moon
554
00:47:22.320 --> 00:47:24.719
being example. You're just as angry
as I am as the example. But
555
00:47:25.039 --> 00:47:29.280
the more you brand millionaires when,
I know, the more adaptable you can
556
00:47:29.360 --> 00:47:35.480
come. Safe Moon guys, you
know. Right. Well, that's that's
557
00:47:35.519 --> 00:47:37.719
your problem, Scott is, want
to keep I'm already on their yeah,
558
00:47:37.840 --> 00:47:45.440
currents, stop doing that. No, I'm not anymore. There you go.
559
00:47:45.639 --> 00:47:52.639
See. Well, see, I
definitely a kiss. I would entertain
560
00:47:52.760 --> 00:47:57.880
this. This, this seems so. They're they're In't yeah, they're.
561
00:47:58.119 --> 00:48:05.599
They're in NFT's. They're bridging to
other block chains, which I like.
562
00:48:05.920 --> 00:48:08.159
There is seems like they're sticky to
block chains that are, you know,
563
00:48:08.320 --> 00:48:13.400
nfte compatible. So sjuana, therey
is, this is one to watch.
564
00:48:13.519 --> 00:48:19.320
Something waves bonded partner. Yeah,
I don't know. Yeah, the one
565
00:48:19.400 --> 00:48:22.920
in this. I would definitely keep
an eye on it. I don't know
566
00:48:22.920 --> 00:48:24.800
if I necessarily look it. This
this chart that they gave, they hit
567
00:48:24.880 --> 00:48:29.760
it right on our peak. But
yeah, I would definitely always looking,
568
00:48:29.840 --> 00:48:32.800
always try with caution. Tried with
caution, find a way to acquire it
569
00:48:34.000 --> 00:48:42.639
without having to put extra FIA with
an investors A. Yeah, all right.
570
00:48:42.760 --> 00:48:51.199
And so before we end it with
the show itself, we are going
571
00:48:51.239 --> 00:48:55.400
to be taking comments. If you
could just tag at Amigos PC with any
572
00:48:55.639 --> 00:49:01.960
questions or comments that you have.
Appreciates Teamy da Villa O'Neil for if popping
573
00:49:02.039 --> 00:49:06.480
into the chat. Appreciate that.
So, basically, I want, before
574
00:49:06.519 --> 00:49:08.599
we get into questions, I wanted
to just kind of talk about what we
575
00:49:08.800 --> 00:49:14.360
are doing with GPU mining and what
the mine is doing, which we actually
576
00:49:14.400 --> 00:49:19.800
do have a stream on this Thursday
with John to at side. Hustle Enter
577
00:49:19.840 --> 00:49:23.119
Prize will probably go into let a
little bit more deeper. But GPU mining,
578
00:49:23.400 --> 00:49:29.360
I as everybody is where. I'm
sure atherium is coming to an end.
579
00:49:29.639 --> 00:49:35.320
The creator of Atherium, ballotic,
whatever is freaking name is, has
580
00:49:35.599 --> 00:49:40.800
given a hint that summer will be
the time that we see the merge implemented.
581
00:49:42.159 --> 00:49:45.480
Well, that happened. I don't
know. You know ittherium's been on
582
00:49:45.599 --> 00:49:49.480
a delay for as long as they
have been something just to keep out and
583
00:49:49.599 --> 00:49:52.760
keep an eye out. We are
still mining etherium. However, me and
584
00:49:52.840 --> 00:49:58.719
Scott are already having the conversation of
moving away from atherium and trying to figure
585
00:49:58.760 --> 00:50:01.800
out what that looks like. So
right now what we are doing is we're
586
00:50:01.840 --> 00:50:07.159
mining a couple of other different coins
and we're taking a split approach to this
587
00:50:07.519 --> 00:50:16.119
because these algorithms are not friendly to
certain team, read team Green. So
588
00:50:16.719 --> 00:50:22.480
you know, we're branching out and
we are trying to figure out a way.
589
00:50:22.679 --> 00:50:25.840
Yep, phazing etherium and so to
talk about. Do you want to
590
00:50:25.840 --> 00:50:30.440
talk about the ones that we're doing
or that we're jumping into the basically,
591
00:50:30.000 --> 00:50:35.719
we're doing flux, Ye, yes, yeah, yeah, and we're doing
592
00:50:35.800 --> 00:50:42.800
raven coin. M I don't even
know if we want to talk about Aben,
593
00:50:43.039 --> 00:50:51.519
but actual another one coin market cap. Yep, we are. So
594
00:50:51.800 --> 00:50:53.840
that's a CPU mind about. So
we are taking like we have a good
595
00:50:53.840 --> 00:50:57.880
amount of cards, saying that we're
putting all our shame up in one basket.
596
00:50:57.960 --> 00:51:04.920
But we did Aben. HMM,
we did. We did Avien right
597
00:51:05.000 --> 00:51:12.840
when it launched. So you know, speculative mining and we were able to
598
00:51:12.880 --> 00:51:15.719
get in like right at the beginning. So obviously we mind a lot of
599
00:51:15.800 --> 00:51:20.519
it right off the bat. We
basically dedicated rig to it for a little
600
00:51:20.519 --> 00:51:24.880
bit and we accumulate a lot.
Now they have since broke their chain to
601
00:51:25.480 --> 00:51:30.159
two algorithms. So you can GPU
mind it and you can CPU mind it,
602
00:51:30.280 --> 00:51:32.679
and we took the direction of just
dedicating our CPUS, because we have
603
00:51:32.800 --> 00:51:37.800
some decent CPUs on some of our
rigs, and so we're continue mining it,
604
00:51:37.920 --> 00:51:40.840
but we're not doing it at a
scale of, you know, throwing
605
00:51:40.960 --> 00:51:46.280
a lot of GPU rigs at it. Now Flux, on the other hand,
606
00:51:47.000 --> 00:51:53.000
we are mining flux in itself.
We have now one full rig,
607
00:51:53.440 --> 00:51:58.800
I would say at this one.
It's almost completely put together. It is
608
00:51:59.119 --> 00:52:02.519
very navidia friendly. So I would
recommend, if you are going to take
609
00:52:02.559 --> 00:52:07.119
a tap, you know, venture
at this, that you you take it
610
00:52:07.199 --> 00:52:13.360
to an approach of NAVIDIA cards,
basically through my testing, which maybe I
611
00:52:13.360 --> 00:52:15.480
should do a video about this.
I'm not sure. Maybe we should do
612
00:52:15.519 --> 00:52:20.559
a video of this. Is So
I we've a acquired certain NAVIDEO cards through
613
00:52:20.639 --> 00:52:25.960
our stent of GPU mining and I
am continually getting my hands on different NAVIDIA
614
00:52:27.079 --> 00:52:31.079
cards. We have since since mining
F x. We have put s on
615
00:52:31.239 --> 00:52:35.239
it. I have them efficient enough, thanks to son of a tech,
616
00:52:36.360 --> 00:52:42.360
that they are roughly about twenty two
to twenty three souls. Flux doesn't do
617
00:52:42.440 --> 00:52:46.039
a megahsh they do solutions per second, so twenty three solutions per second at
618
00:52:46.159 --> 00:52:51.119
roughly about a hundred watts. So
it's not like the most efficient and you
619
00:52:51.239 --> 00:52:54.079
can get them more efficient, like
I had it at one point. We
620
00:52:54.159 --> 00:53:00.239
are doing about seventeen solutions per second
at sixty watts. So there is difference.
621
00:53:00.280 --> 00:53:01.800
You can tune them down a little
bit. You know, you are
622
00:53:01.920 --> 00:53:07.559
subject to affecting your hash rate,
but you can, you know, get
623
00:53:07.639 --> 00:53:13.320
them efficient so it doesn't affect your
power bill that much, I have noticed.
624
00:53:13.480 --> 00:53:16.679
And so we had the ten six
S on there. We now have
625
00:53:16.840 --> 00:53:21.920
a tense, I know a one
thousand six hundred and sixty, on on
626
00:53:22.079 --> 00:53:27.199
the rig at the flux rig,
and it is doing roughly about thirty five
627
00:53:27.480 --> 00:53:31.239
solutions per second at about a hundred
watts. So it's definitely more efficient than
628
00:53:31.280 --> 00:53:35.760
the S. and the S are
three gigs. So just keep that in
629
00:53:35.840 --> 00:53:38.280
mind. That it's so these are
very cheap cards that you can get your
630
00:53:38.320 --> 00:53:43.880
hands on and I I may,
I'm in the works right now of getting
631
00:53:44.039 --> 00:53:50.400
mining only six gigabyte ten s roughly
for about a hundred and eighty dollars.
632
00:53:51.320 --> 00:53:54.119
So if I actually, if this
source actually pans out and I can get
633
00:53:54.159 --> 00:53:58.360
my hands on my they have a
lot. So it just to keep that
634
00:53:58.440 --> 00:54:00.920
in mind. So what did I
say? Ten oneand and one thousand six
635
00:54:00.000 --> 00:54:05.360
hundred and sixty. What other card
today that we are sorry on this?
636
00:54:07.000 --> 00:54:08.039
Yeah, so the most of it. I was going to say that one
637
00:54:08.079 --> 00:54:14.480
for last, the most efficient card
that I have experienced, and again we
638
00:54:14.559 --> 00:54:19.280
have put a lot of our navidia
stuff on two flux tests, testing to
639
00:54:19.320 --> 00:54:22.960
see what's most efficient. So far
it has been the twenty Atti. So
640
00:54:23.079 --> 00:54:30.199
this gets about ninety five to ninety
seven solutions per second at roughly about two
641
00:54:30.239 --> 00:54:34.800
hundred and thirty watts. We did
put the three thousand and ninety that we
642
00:54:34.920 --> 00:54:38.519
have onto flux as well, and
the most that we got out of it
643
00:54:38.920 --> 00:54:44.360
was a hundred and five solutions per
second at three hundred thirty watts. Honestly,
644
00:54:44.400 --> 00:54:47.440
would take the twenty Ati over the
three thousand and ninety just because it
645
00:54:47.639 --> 00:54:52.760
did that. The wattage alone saves
you and you can get them more efficient
646
00:54:52.840 --> 00:54:57.199
to you can actually drop the twenty
atti to like two hundred watts at ninety
647
00:54:57.280 --> 00:55:00.559
solutions per second. So I just
popped it up a little bit because we're
648
00:55:00.599 --> 00:55:04.559
trying to get more flux. At
this points, all hash rates king versus
649
00:55:04.599 --> 00:55:08.400
efficiency for the time being right now. The next testing that I need to
650
00:55:08.440 --> 00:55:13.679
do is actually put the atti onto
flux so we can see what that does.
651
00:55:13.760 --> 00:55:15.719
But I'm still repasting it. I'm
waiting for Amazon to drop off some
652
00:55:15.800 --> 00:55:19.840
thermal pads, so as soon as
those get here we can I can actually
653
00:55:20.480 --> 00:55:23.159
put that on there. When I'll
do that video of testing what Navidia is.
654
00:55:24.199 --> 00:55:30.840
So secondly, that second the why? Why Flock? Why do we
655
00:55:30.960 --> 00:55:37.039
choose flux? So flux itself,
obviously the correlation to two Fiat, which
656
00:55:37.159 --> 00:55:39.360
is, you know, Scott's Wheelhouse, is a buck thirty three. So
657
00:55:39.440 --> 00:55:43.440
every time we do, you know, get a flux to buck thirty three,
658
00:55:43.719 --> 00:55:45.480
and you do, I don't have
to hear about what came prices anymore.
659
00:55:51.320 --> 00:55:53.840
Yeah, yeah, they are Pokemon
for sure. But what I do
660
00:55:54.039 --> 00:56:00.840
like is the the scheme there set
up with flux. So we haven't been
661
00:56:00.920 --> 00:56:09.880
doing flux for very long. Minor
actually, let me take this over here
662
00:56:10.000 --> 00:56:15.400
actually so I can minor pool dot
org. So that's the pool that we're
663
00:56:15.440 --> 00:56:25.039
mining to start mining. All right. So where are we at today?
664
00:56:25.159 --> 00:56:30.519
Today, we are unpaid. Point
seven to zero flux. So we again
665
00:56:30.599 --> 00:56:35.679
we're in the process of building a
rake together. But look this. So
666
00:56:35.800 --> 00:56:40.599
this is that seventy ti and it's
actually doing sixty on the pool. So
667
00:56:40.679 --> 00:56:45.639
that's actually pretty cool on a high
bolessence, as it's doing a roughly about
668
00:56:45.679 --> 00:56:50.039
forty. This this rate has the
twenty atti on it. This weekend I
669
00:56:50.119 --> 00:56:52.920
actually putting our other navidia rig on
there so we can just get more.
670
00:56:53.039 --> 00:57:00.480
But here is why I like flux. So we are getting our LUCIS per
671
00:57:00.559 --> 00:57:05.039
second and we're getting, you know, paid essentially, based on the payout
672
00:57:05.079 --> 00:57:07.800
here, two point two six flux
per day, every twenty four hours.
673
00:57:08.599 --> 00:57:19.480
What happens in addition to because the
block reward on flux is split between it
674
00:57:19.639 --> 00:57:24.280
is split between the miners and the
node providers. And the reason I want
675
00:57:24.599 --> 00:57:30.400
to mind fluxes eventually to get a
node up and running so we can collect
676
00:57:30.519 --> 00:57:36.880
that fee as well. But the
block itself thirty seven point five times too.
677
00:57:37.039 --> 00:57:40.199
So each one gets thirty seven point
five, a node provider and then
678
00:57:40.320 --> 00:57:45.440
the also the miners. So this
reward comes from thirty seven point five.
679
00:57:45.639 --> 00:57:50.800
But then also on top of it
in different chains, because of those no
680
00:57:50.960 --> 00:57:54.719
providers flux provides what they call parallel
assets, and these are assets. The
681
00:57:54.840 --> 00:58:00.800
flux basically on different chains like Katy, a etherium. etherium is always less
682
00:58:00.840 --> 00:58:04.960
because the gas fees are horrendous,
so you don't get as much flux on
683
00:58:05.000 --> 00:58:09.280
there. But there's Tron, there's
BSC, Salana, and then there are
684
00:58:09.760 --> 00:58:14.840
one, two, three, four
five others that are still pending, other
685
00:58:14.960 --> 00:58:20.679
blockchain bridges that will be implemented to
have flux on there, and they're allowing
686
00:58:20.880 --> 00:58:24.320
us to accumulate that as well to
be paid out in the future. So
687
00:58:24.440 --> 00:58:30.559
we're slowly accumulating all of these and
if you guys have watched the channel at
688
00:58:30.599 --> 00:58:37.480
all, you would know that when
we start to invest into a rag that
689
00:58:37.639 --> 00:58:40.559
is been, you know, mining
a certain cryptocurrency, we expand. We
690
00:58:40.679 --> 00:58:45.880
always expand. It doesn't matter what
the Fiat currency price is of it.
691
00:58:45.079 --> 00:58:52.320
We're constantly just growing. So I
expect to see these numbers continually grow as
692
00:58:52.360 --> 00:58:55.760
I get more in a video cards
on on hand and actually get more,
693
00:58:57.440 --> 00:59:01.599
more and more machines going now beyond
that. This is why I like this.
694
00:59:01.920 --> 00:59:07.920
So the parallel assets that it's amazing
is a different chains. In addition
695
00:59:07.119 --> 00:59:13.440
to you have the payouts right,
the way that they're doing these payouts and
696
00:59:13.519 --> 00:59:17.000
the amount that you can actually accrue. There are other things that's going on
697
00:59:17.280 --> 00:59:22.039
with flux that is pretty amazing,
which I already kind of mentioned, which
698
00:59:22.199 --> 00:59:27.639
was the nodes, right, but
you can also build on decentralized web three.
699
00:59:28.119 --> 00:59:30.559
What does that look like for us, or even like the the partnership
700
00:59:30.639 --> 00:59:34.639
that we have with side Hustle Enterprise? What does that look like? I
701
00:59:34.760 --> 00:59:40.599
have no idea, but we definitely
would be looking into figuring this out now
702
00:59:43.639 --> 00:59:49.760
because essentially we can, you know, build something, an APP right or
703
00:59:50.000 --> 00:59:53.400
some type of network or something,
something along those lines that could help us
704
00:59:53.519 --> 00:59:59.760
grow and help everybody else grow along
with it. So flux nodes setups here
705
01:00:00.199 --> 01:00:06.239
is where everything kind of goes into. And so that other half of the
706
01:00:06.320 --> 01:00:09.039
block reward that I was kind of
discussing earlier, like the miners get thirty
707
01:00:09.079 --> 01:00:13.639
seven point five and then no providers
get thirty seven point five. Well,
708
01:00:13.719 --> 01:00:20.039
once you deploy a node, you
get a percentage of that thirty seven point
709
01:00:20.079 --> 01:00:22.559
five. Now keep in mind that
the miners are also still getting your percentage
710
01:00:22.559 --> 01:00:28.360
of this node reward, right,
because they're getting the parallel assets. That's
711
01:00:28.400 --> 01:00:31.440
being paid back into the miners.
So then you also can get still seven
712
01:00:31.519 --> 01:00:37.280
point five percent for the amount of
flux that you create a node for and
713
01:00:37.360 --> 01:00:39.679
they give you the hardware requirements and
all that stuff and you can do multiple
714
01:00:39.719 --> 01:00:44.920
things on the node. There's so
many different things that you can set up.
715
01:00:45.400 --> 01:00:49.199
A not very knowledgeable as to like
exactly, you know, the purposes
716
01:00:49.239 --> 01:00:52.079
of the node itself, but we
can get, you know, once I
717
01:00:52.199 --> 01:00:57.199
start getting deeper into this and figuring
this out, I can do videos and
718
01:00:57.280 --> 01:00:59.960
kind of just show you exactly what
we decide, what we're going to decide
719
01:00:59.960 --> 01:01:02.639
to do. But you know,
you're talking about hosting the node. Obviously
720
01:01:02.719 --> 01:01:07.440
we you know, validating transactions with
the node. Just a lot of different
721
01:01:07.480 --> 01:01:13.000
things that we can do, especially
you start to see some of the requirements,
722
01:01:13.280 --> 01:01:15.079
the rewards. There's a lot of
different things and this is why we
723
01:01:15.280 --> 01:01:21.800
decided to actually start mining flux,
because there's just so much potential of accumulating
724
01:01:21.960 --> 01:01:25.360
more of it and then developing on
it, which, again, we're not
725
01:01:25.480 --> 01:01:30.760
developers, or I don't know what
you want to call a like I'm stealing
726
01:01:30.800 --> 01:01:36.400
the mic here completely, Scott,
so nerds, okay, no, no,
727
01:01:36.639 --> 01:01:38.480
let you go. These are all
things I want to say, but
728
01:01:38.519 --> 01:01:43.719
you got it covered. Thanks.
And so the other one. I think
729
01:01:43.760 --> 01:01:46.039
Scott King actually probably a little bit
more into this one because again, we
730
01:01:46.159 --> 01:01:53.559
just started diving into flux with Raven. So if anybody has like had a
731
01:01:53.599 --> 01:01:58.559
conversation with us at all in like
side hustle enterprise or any of the discord
732
01:01:58.639 --> 01:02:01.000
channels or social media is that,
they would know that we are proponed to
733
01:02:02.239 --> 01:02:06.800
or favorite, or Maxie if you
want. I don't know Max he's a
734
01:02:06.840 --> 01:02:10.840
little extent. We're not at BBT's
level, but we definitely like Ravencoin.
735
01:02:12.320 --> 01:02:15.880
I like the features. Scott.
You want to go into a little bit
736
01:02:15.119 --> 01:02:21.559
if what we have going on for
Ravencoin? Yeah, but we like Ravencoin.
737
01:02:22.000 --> 01:02:23.559
That's kind of the one. We
started talking about it probably, but
738
01:02:23.639 --> 01:02:28.239
I don't know, maybe six months
ago, maybe maybe four months I don't
739
01:02:28.280 --> 01:02:31.880
know. Basically what we're you know, we're on the doomsday path of a
740
01:02:32.039 --> 01:02:35.039
theorium thinking. You know it's going
to be what are we going to do
741
01:02:35.199 --> 01:02:37.199
next? You got to always have
a plan and head and you know next
742
01:02:37.239 --> 01:02:40.599
step kind of situation. So we
started to look in a Raven coin and
743
01:02:42.519 --> 01:02:45.840
and at that time I think it
was around eleven cents or so, twelve
744
01:02:45.920 --> 01:02:51.440
cents, maybe it's definitely first kind
of mark looking at it and yeah,
745
01:02:51.559 --> 01:02:54.840
what it was better times. But
so now we have about what? How
746
01:02:54.920 --> 01:02:58.920
many cards do you have on it? I have three. There was S
747
01:02:59.280 --> 01:03:02.519
S, which eventually don't want to
get those off and put them on flux,
748
01:03:05.559 --> 01:03:07.360
but I yeah, I have three, thirty s the LHR version.
749
01:03:07.480 --> 01:03:12.519
That's the reason that they're not on
eath. Now, if the hack happens
750
01:03:12.559 --> 01:03:16.599
to go through with the video and
they get unlocked through Lhar me and it,
751
01:03:16.639 --> 01:03:22.119
Scott need to have a different conversation. But right now they're on Raven
752
01:03:22.199 --> 01:03:28.079
coin just for simple that s are
are they were built to mind. I
753
01:03:28.159 --> 01:03:31.599
don't care what Navidia is doing with
like they're they're LHR crap or whatever,
754
01:03:31.840 --> 01:03:38.480
like you put these on to mine
a cryptocurrency, like they just they're built
755
01:03:38.519 --> 01:03:44.920
to mind. It's incredible, honestly. Yeah, and then we got a
756
01:03:44.920 --> 01:03:46.480
good amount, since we've been mining
for the past six months or so.
757
01:03:46.679 --> 01:03:50.800
And then we also when Ravencoin light
came out, that was another one we
758
01:03:50.880 --> 01:03:53.599
kind of like mark mentioned earlier,
we branched off to to then, you
759
01:03:53.679 --> 01:03:58.199
know, jumping in that specular mining. We had a hold one. Have,
760
01:03:59.400 --> 01:04:03.679
yeah, one regular of the majority
of what's Mining Raven right now.
761
01:04:03.760 --> 01:04:06.800
I've I'm the one that has all
the raven cards. I forgot about that
762
01:04:09.239 --> 01:04:15.280
is yeah, we have a D
cards. So they're mostly polarists for gigabytes.
763
01:04:16.159 --> 01:04:20.039
We have bought these cards for less
than a hundred dollars in most cases.
764
01:04:20.159 --> 01:04:25.320
Recently we just bought one for forty
dollars. We took the risk of
765
01:04:25.480 --> 01:04:28.039
the guy said it to yeah,
he said, I didn't broke it.
766
01:04:28.119 --> 01:04:31.000
One right, that broke on the
work and posted another machine. He put
767
01:04:31.039 --> 01:04:33.599
it in. I took the risk, so I'll give you forty bucks for
768
01:04:33.679 --> 01:04:38.639
it. and Lo and behold,
I plugged it into hive on our test
769
01:04:38.719 --> 01:04:43.719
bench and it just went to mine
immediately, which with that that's not the
770
01:04:43.840 --> 01:04:45.599
fast of the first time that that
that's happened, you know. But we're
771
01:04:45.639 --> 01:04:49.639
willing to take that risk. So
that's just or at least scion in it,
772
01:04:49.760 --> 01:04:54.239
trying to figure it out. Yeah, no, no, yeah,
773
01:04:54.360 --> 01:04:57.360
yeah, Forty Bucks, let's be
Real, to mild risk, but willing.
774
01:04:57.400 --> 01:05:00.360
I'm willing to take it and if
it pans out, great, if
775
01:05:00.400 --> 01:05:02.519
it doesn't, yeah, well,
we try to flip it. Yeah,
776
01:05:02.559 --> 01:05:05.679
that's a half of taking. Guess
that's what we're doing with these. Yeah,
777
01:05:05.800 --> 01:05:11.599
so that's these s right, the
mining only cards. This is a
778
01:05:12.079 --> 01:05:16.000
Chinese distributor, so we're taking the
risk. I bought one already, waiting
779
01:05:16.039 --> 01:05:19.360
for it to come in. It's
coming in the slow boat. So you
780
01:05:19.440 --> 01:05:24.679
know, once it does come,
that confirmed. You have that confirmed and
781
01:05:24.920 --> 01:05:28.400
be a new supplier for us on
these type of mining cards because, look,
782
01:05:28.639 --> 01:05:31.199
we run a mine, so it
makes no sense. I mean it
783
01:05:31.320 --> 01:05:35.800
does make sense in getting retail Gpus, but then you get that stigma from
784
01:05:35.840 --> 01:05:41.519
Gamers, right, and they're like
freaking miners. freaking miners like I have
785
01:05:41.679 --> 01:05:45.159
conversations on offer up regularly. Hey, but we get am we get them,
786
01:05:45.599 --> 01:05:47.679
but you get a second handed.
For the most part, most of
787
01:05:47.679 --> 01:05:50.840
our cards we will and got only
a couple that were actually reading. Yeah,
788
01:05:51.159 --> 01:05:56.440
most most of our second awsome.
So they had they had their they
789
01:05:56.519 --> 01:06:00.079
have then at the video games that
but that's not saying so weak. I
790
01:06:00.159 --> 01:06:05.760
had all got girlfriend's Conversasul and offer
up regularly and the conversation always ends up
791
01:06:05.840 --> 01:06:10.679
being like, you know, they
don't like the price that I give them,
792
01:06:10.960 --> 01:06:13.960
which is fine, and it doesn't
matter because I'm always I'm not lowballing,
793
01:06:14.079 --> 01:06:17.599
but I'm trying to get you know, I'm protecting my Roy and then,
794
01:06:18.199 --> 01:06:20.239
at the same time, like we
start to getting a little bit of
795
01:06:20.280 --> 01:06:26.199
argument as to why I feel my
price is justified or whatever, and it
796
01:06:26.360 --> 01:06:30.920
always comes down to me saying,
look, this card is going to have
797
01:06:31.079 --> 01:06:35.880
it's going to be living its best
life once I get that my hands on
798
01:06:36.000 --> 01:06:42.639
it. Like you may have kept
the card decent in your game machine,
799
01:06:42.840 --> 01:06:45.159
constantly turning the damn thing on and
off, on and off, on and
800
01:06:45.280 --> 01:06:48.199
off. I'm going to run it, I'm going to clean the card first,
801
01:06:48.679 --> 01:06:50.679
I'm going to pad it, I'm
going to put the thermal paste,
802
01:06:50.679 --> 01:06:55.519
like this thing's going to be immaculate
again, living its best life. I
803
01:06:55.599 --> 01:07:00.039
have at an atti apart right now
because I am like it's just so disgusting.
804
01:07:00.119 --> 01:07:06.039
It was inside it's so should have
done it sooner either way. So
805
01:07:06.519 --> 01:07:11.119
we have a bunch of players cards
that we've gotten cheap. We literally have
806
01:07:11.280 --> 01:07:13.960
not paid over a hundred dollars for
any of the cars that we have on
807
01:07:14.079 --> 01:07:16.880
it. I want to say that
there's at least five or six, I
808
01:07:16.960 --> 01:07:20.679
think, with this new one.
So be number six. So that's one
809
01:07:20.840 --> 01:07:27.280
full rig of it. I think
at this point, especially if this kangaroo
810
01:07:27.480 --> 01:07:31.400
market or whatever we want to call
it, miners continue to to pull their
811
01:07:31.440 --> 01:07:38.840
machines from, you know, mining
in general, which the higher killoopper hour,
812
01:07:38.920 --> 01:07:42.440
those those people are really starting to
pull their machines off. We should
813
01:07:42.480 --> 01:07:45.599
be able to actually Solo Mind Raven
coin here pretty soon, and the goal
814
01:07:45.800 --> 01:07:51.800
is also soon to be solo mining
flux. So we're constantly getting at thirty
815
01:07:51.880 --> 01:07:56.159
seven point five versus just a few
flucks, you know, a day.
816
01:07:59.960 --> 01:08:03.800
Yep, all right, nice,
he said. So those are yeah,
817
01:08:03.800 --> 01:08:09.480
that's what we're shooting for. That's
what we're doing and obviously, as if
818
01:08:09.559 --> 01:08:15.159
you're a minor, you know that
basically just keep growing, keep adding to
819
01:08:15.280 --> 01:08:19.600
it. mean he is going away. It's supposedly by the end of summer.
820
01:08:19.760 --> 01:08:26.359
If you listen to or or watch
at the beginning of the stream when
821
01:08:26.399 --> 01:08:30.039
we start talking about just some of
the shady shit that's going on with atherium.
822
01:08:30.159 --> 01:08:33.520
Right now, me and Scott are
having the conversations of do we depart
823
01:08:33.640 --> 01:08:42.800
earlier not with mining theorium, and
I am really leaning towards no longer mining
824
01:08:42.840 --> 01:08:45.239
a theory, even if it is
the most profitable coin. It's just there's
825
01:08:45.239 --> 01:08:53.560
just listen to the beginning of the
of the stream or if you're on the
826
01:08:53.560 --> 01:08:56.520
PODCAST, go back to the beginning. Listen. You can tell why why
827
01:08:56.600 --> 01:09:00.640
we're trying to get away from it. So that'd be weird if they started
828
01:09:00.640 --> 01:09:01.920
out the end. They did start
the end. Let me just skip everything.
829
01:09:01.960 --> 01:09:04.239
I think they do. ADDS all
do so first half hours. So
830
01:09:04.279 --> 01:09:10.840
let me just skip everything. I
no wonder that makes sense. So again
831
01:09:11.399 --> 01:09:13.439
we're going to do a little bit
of Qa. We I know we have
832
01:09:13.560 --> 01:09:18.479
one question the chat already. So
just if you could tag us at Amigos
833
01:09:18.520 --> 01:09:23.720
pc just so I can see the
comment, you know, pop out into
834
01:09:23.760 --> 01:09:28.560
my face. But Steamy said,
and this kind of piggybacks to some of
835
01:09:28.600 --> 01:09:31.600
the stuff that we were talking about
with safe moon. A lot of lawsuits
836
01:09:31.720 --> 01:09:40.159
are going around with influencers and safe
moon Foamo or a legit and pump e
837
01:09:40.439 --> 01:09:46.920
dumpy. HMM. So my questions
team me and the way that I'm reading
838
01:09:47.000 --> 01:09:53.239
this is you're basically asking if safe
moon is legit or if it is a
839
01:09:53.319 --> 01:09:59.199
pump and dump coin. So if
you bought in like shortly after and then
840
01:09:59.560 --> 01:10:03.000
if you bought in right, you
bought in shortly after the coin came out
841
01:10:04.000 --> 01:10:06.640
and you were in the ride,
the roller coach we did. You were
842
01:10:06.720 --> 01:10:11.159
watching the pump right, you may
be caught it at a good price and
843
01:10:11.239 --> 01:10:14.600
it continue to pump. They built
their community. They did a really good
844
01:10:14.680 --> 01:10:16.720
job of community, you know,
building their community, and they did,
845
01:10:17.000 --> 01:10:26.279
I think, one of the fastest
cryptos and building their community is it's the
846
01:10:26.399 --> 01:10:30.920
celebrated their year, already celebrated their
year. I I don't know. Is
847
01:10:30.000 --> 01:10:35.119
it so? Is it out?
Damn, that hurt kid for me,
848
01:10:35.600 --> 01:10:41.960
because I'm I'm just going to hang
on. There's no there's no reason for
849
01:10:42.000 --> 01:10:45.880
me to leave because I end up
losing and then I'm losing what I put
850
01:10:45.000 --> 01:10:47.680
in. I'm just going to hang
on and see what happens. I'm going
851
01:10:47.720 --> 01:10:51.319
to enjoy the ride. If it
crash and burns, it crashes and Burns,
852
01:10:51.359 --> 01:10:54.800
and that's the that's the fun we're
in. But you know, you
853
01:10:54.920 --> 01:10:58.439
got that hope that it does take
off, but I don't know, it's
854
01:10:58.479 --> 01:11:02.760
not. I don't know. Yeah, I'm not selling. I'm not.
855
01:11:02.840 --> 01:11:08.199
Oh. So, you know what's
funny? Steamy bring that up. So
856
01:11:08.479 --> 01:11:14.720
we were actually going to have that
conversation. Scott found that article and we'll
857
01:11:14.720 --> 01:11:17.479
talk about it here in just a
second to address what you just said in
858
01:11:17.520 --> 01:11:23.880
the chat. But what was I
going to say? Oh, so I
859
01:11:24.039 --> 01:11:26.880
bought in. I bought in at
at a reason. I mean, Scott
860
01:11:26.880 --> 01:11:30.359
bought it about the same time.
I think Scott put a little bit more
861
01:11:30.399 --> 01:11:33.960
money than he did into safe moon. Yeah, I bought in at a
862
01:11:34.079 --> 01:11:36.680
reasonable price, what I thought was
a reasonable price at the time. I
863
01:11:36.840 --> 01:11:43.399
watched the pump happened and I quadrupled
my money. When you in correlation to
864
01:11:43.560 --> 01:11:49.840
Fiat. I was enticed by the
Tokenomics of safe moon and I am pleased
865
01:11:50.000 --> 01:11:58.239
with the development that they are doing. Now are they? Let me rephrase
866
01:11:58.319 --> 01:12:00.359
it. So I'm a plea.
I'm pleased with the development that they have
867
01:12:00.520 --> 01:12:04.479
launched. However, I am frustrated
with the speed at which they say they
868
01:12:04.520 --> 01:12:09.640
can do things and then they actually
do things. So I'm very frustrate with
869
01:12:09.760 --> 01:12:15.199
that because I know intech things get
delayed and it's that that is just part
870
01:12:15.239 --> 01:12:19.319
of the business. But be realistic
with your times. Then like don't,
871
01:12:19.479 --> 01:12:24.000
don't, I don't. Safe Moon
has moon in the word, like you're
872
01:12:24.039 --> 01:12:26.640
shooting for the moon. Like it, you know, playing all this play
873
01:12:26.720 --> 01:12:31.640
on the moon. I get it, but just be realistic, like there's
874
01:12:31.680 --> 01:12:35.960
no reason to, you know,
try to rush things. If it takes
875
01:12:36.000 --> 01:12:41.079
a certain period of time to build
something, take that time and then give
876
01:12:41.079 --> 01:12:44.720
it some more time because you're going
to have a delay. I will be
877
01:12:44.840 --> 01:12:47.800
interested in seeing what they do with
Gambia. I honestly don't think that that's
878
01:12:47.840 --> 01:12:51.199
really going to pan out, especially
the way that they wanted to. And
879
01:12:51.520 --> 01:12:57.359
now that you know, they've made
mention of Operation Fionics or whatever the fuck
880
01:12:57.399 --> 01:13:00.760
they want to call it. You
know, like see, that's a bad
881
01:13:00.800 --> 01:13:04.079
that's a red flag. We Haing
to get out that there's operation any,
882
01:13:04.119 --> 01:13:08.960
operation anything, the fucking death stars
coming again. Go back to the beginning
883
01:13:09.000 --> 01:13:12.640
of the recording. You know,
we're talking about yeah, project, project,
884
01:13:12.720 --> 01:13:15.720
Operation Star, Death Star, dark
star, any of those. That's
885
01:13:15.760 --> 01:13:23.600
how you know you're in trouble.
Helmet, space balls whatever. Spaceballs moving.
886
01:13:23.640 --> 01:13:26.760
All right, so Steve says,
makes sense. Just seems weird.
887
01:13:27.079 --> 01:13:30.880
Some of the devs sold out and
when they weren't suppose too. From what
888
01:13:30.039 --> 01:13:34.199
I read. I wish you wish
Woll look on it. For sure.
889
01:13:34.800 --> 01:13:39.079
They dude I'll be honest with you. See me like I have had thoughts
890
01:13:39.159 --> 01:13:43.439
of just selling it and parting ways, but at the same time like it.
891
01:13:43.600 --> 01:13:48.439
It's not I'm not in that deep
to be like I'm you know,
892
01:13:48.520 --> 01:13:53.119
I'm losing my I'm my life is
affected by this. So I put him
893
01:13:53.159 --> 01:13:58.479
what I thought I could lose.
I've lost most of it and now I'm
894
01:13:58.560 --> 01:14:00.760
just writing the the the tidal wave. I'd like to see just what happens
895
01:14:00.840 --> 01:14:03.920
in the future. I know a
lot of shady shit happen. That's a
896
01:14:04.000 --> 01:14:10.239
thing with cryptocurrencies. Man Like cryptocurrency. This isn't a currency. What we're
897
01:14:10.279 --> 01:14:14.680
doing is angel investing, if you
want to get to the core root of
898
01:14:14.720 --> 01:14:19.159
it right, especially with these tokens
that are not mindable. That's basically your
899
01:14:19.279 --> 01:14:24.720
crop. Their crowdfunding, trying to
get, you know, liquidity, which
900
01:14:24.840 --> 01:14:28.159
is the whole reason the government is
getting pissed off with the SEC stuff,
901
01:14:29.039 --> 01:14:31.800
because they are basically trying to get
their shit on a stock exchange. They're
902
01:14:31.840 --> 01:14:36.880
just doing it through cryptocurrency avenue and
saying that they're not an asset. This
903
01:14:38.039 --> 01:14:42.319
is just a Crypto, this is
a currency that trading, but in reality,
904
01:14:42.439 --> 01:14:46.680
where angel investing when you're looking at
companies like safe moon, our other
905
01:14:46.840 --> 01:14:51.199
proof of steak coins that come into
play, etherium, when it goes proof
906
01:14:51.239 --> 01:14:57.399
of steak. That will literally be
angel investing because people are still developing on
907
01:14:57.520 --> 01:15:00.880
it. People have to buy into
etherium and they also have to then buy
908
01:15:00.960 --> 01:15:05.000
into that product that's being developed on
a theorem like it. You got to
909
01:15:05.000 --> 01:15:08.960
look at the core root of what
it actually is. So you need to
910
01:15:09.000 --> 01:15:15.359
know your risk, is what I'm
saying. So the other topic that let
911
01:15:15.479 --> 01:15:18.600
a you know, was after steamy
made note of on this is the latest
912
01:15:18.640 --> 01:15:26.319
person to get sued is Jake Paul. Yeah, we were, we're we're
913
01:15:26.680 --> 01:15:29.920
we're talking more, we're thinking about
stories to talk about. Mark was like,
914
01:15:30.000 --> 01:15:34.199
I don't want to talk about Jake
Paul. So but yeah, he
915
01:15:34.920 --> 01:15:40.439
pulled a he did a rug pool. So who do you about pull the
916
01:15:40.439 --> 01:15:44.279
story? I don't know. I
didn't keep the story because he didn't selling.
917
01:15:44.319 --> 01:15:47.880
You didn't want to talk about you
didn't do it a safe moon though.
918
01:15:48.560 --> 01:15:50.960
Honestly, I when you brought it
up, I thought like maybe he
919
01:15:51.079 --> 01:15:55.520
they could have got scammed on another
pokemon card or something. I don't know.
920
01:15:56.640 --> 01:16:01.439
Yeah, I know he you know
and then there's other people that have,
921
01:16:01.600 --> 01:16:05.520
you know, the celebrities man,
when, when they get involved in
922
01:16:05.600 --> 01:16:10.319
these, all there, you know, their followers or whatever, just jump
923
01:16:10.399 --> 01:16:13.199
on board without even they oh,
you know, they're they're rich, they
924
01:16:13.279 --> 01:16:15.199
know what they're talking about. So
one thing that's a dangerous, one thing
925
01:16:15.279 --> 01:16:17.960
that I've noticed, especially in this
last bowl run, is that when,
926
01:16:18.000 --> 01:16:28.319
like a celebrity gets involved immediately you
need to be very cautious. Yeah,
927
01:16:28.319 --> 01:16:32.079
not necessarily forwardsthing you never heard of. If it's something you never heard of
928
01:16:32.159 --> 01:16:36.079
and then they're pushing it, red
flag immediately, because that means they have
929
01:16:36.239 --> 01:16:40.479
steak in it or they're getting money
to say something, to push it,
930
01:16:40.560 --> 01:16:45.119
and then the thing's going to fold
and then your am your Spec if you're
931
01:16:45.239 --> 01:16:51.159
you're regulating on that, of course, of course, but that's just how
932
01:16:51.199 --> 01:16:55.680
I would do it or how that's
how I would approach approach it. Yeah,
933
01:16:55.720 --> 01:16:57.960
but no, I agree with this. Be like different. If there
934
01:16:58.119 --> 01:17:03.279
is a celebrity personality that's involved in
an immediately, there's some type of unless
935
01:17:03.319 --> 01:17:08.920
it's unless it's Matt Damon, for
CRYPTOCOM. Well, he wasn't involved immediately.
936
01:17:08.960 --> 01:17:13.520
If you think about it. No, I know not dude. Yeah,
937
01:17:15.159 --> 01:17:18.199
I'm going to marks. It made
sense, though. He did the
938
01:17:18.239 --> 01:17:21.399
Martian, so why not? Right, he did. I don't want not.
939
01:17:23.680 --> 01:17:32.680
All right. So, so it's
two million dollars. Jake Paul operated.
940
01:17:34.359 --> 01:17:39.520
That's how much. Hit a new
wall at the register. The Name
941
01:17:39.680 --> 01:17:44.920
Problem Child on open see. As
it turns out, Jake Paul's allies much
942
01:17:45.039 --> 01:17:53.039
means like he's likely the one who
owns the wallet. Trying to find out
943
01:17:53.039 --> 01:17:56.399
what the name of the thing was
like, what he pumped in the dumped.
944
01:17:57.560 --> 01:18:00.840
It sounds like some type of NFT
project. It probably which that's another
945
01:18:00.880 --> 01:18:03.680
thing you got to look into.
Like we're only a part of a handful
946
01:18:03.800 --> 01:18:08.359
of NFT projects. I don't know. Yeah, I don't know much to
947
01:18:08.399 --> 01:18:12.279
even talk about those. But yeah, we have our hands and stuff,
948
01:18:12.359 --> 01:18:15.439
but it's not nowhere near were especially
some of these ones that are selling for
949
01:18:15.520 --> 01:18:21.239
millions of dollars. No, yeah, but the ones that we do have,
950
01:18:21.800 --> 01:18:26.039
they are going up in value while
the market is kind of folding.
951
01:18:26.239 --> 01:18:30.560
So that's owing. Oh, hold
on. Paul has been doing paid promotions
952
01:18:30.640 --> 01:18:38.800
for Subal crypto currency such as safe
moon, Yump, Yummy coin, MILF
953
01:18:38.920 --> 01:18:45.039
token and more paid paid well,
that does so that's a red flag.
954
01:18:45.079 --> 01:18:48.560
Guys, yeah, including some,
going to write it out, including safe.
955
01:18:48.840 --> 01:18:51.079
Yeah, that that's what I mean. Say. That's the red flag
956
01:18:51.199 --> 01:18:56.199
for me. Time to family.
Get Out, Langell, I'm not getting
957
01:18:56.239 --> 01:18:59.359
out. It's me either. I'm
going to hand on, tell it crashes
958
01:18:59.359 --> 01:19:01.079
and Burns and then I learned my
lesson. Yet that hand has been dealt.
959
01:19:01.279 --> 01:19:08.680
So we just we watch it see
what happens exactly. You live and
960
01:19:08.800 --> 01:19:12.119
learn. That's the name of the
game. But that's what we're doing.
961
01:19:12.159 --> 01:19:15.439
We're spect we're prospect minding through other
currencies like flux and Raven coin and trying
962
01:19:15.439 --> 01:19:18.600
to figure out. You know,
Raven coin has a lot of use case
963
01:19:18.760 --> 01:19:27.840
with and IFT's and they are collateralizing
real assets on their chain right so,
964
01:19:28.119 --> 01:19:30.039
and you know, BBT is a
huge proposed it. He's not paid by
965
01:19:30.159 --> 01:19:35.920
them, but you damn sure he's
mining it. So or his team is
966
01:19:35.960 --> 01:19:42.199
mining it. It. Ravencoinne is
probably not going to go anywhere my standpoint,
967
01:19:42.399 --> 01:19:46.640
going forward out of this bowl run
and into this new kangaroo market or,
968
01:19:46.880 --> 01:19:49.760
you know, whatever we're going to
call crypto winter bear market, whatever
969
01:19:49.800 --> 01:19:54.680
it is, is. If there's
a new project that's coming to light.
970
01:19:56.439 --> 01:19:59.119
You know, let's say Scott throws
me a project and says, have you
971
01:19:59.159 --> 01:20:00.840
heard of this? Or you know
somebody wanted you guys say that or whatever.
972
01:20:01.760 --> 01:20:04.920
I'm going to look at it first. Let's see if they got a
973
01:20:04.920 --> 01:20:08.479
white paper. If they don't have
a white paper, we try to figure
974
01:20:08.479 --> 01:20:11.600
out from there. If it's a
new some of the newer projects they're launching
975
01:20:12.039 --> 01:20:15.600
without providing their white paper first,
which is fine. Avian did that am
976
01:20:15.720 --> 01:20:19.479
we're still there. Were Still Mining
Avien. What I look for then after
977
01:20:19.560 --> 01:20:23.000
that is okay, well, how
can I acquire this, you know,
978
01:20:23.079 --> 01:20:28.000
without any risk or minimal risk,
and can I mind it? And so
979
01:20:28.079 --> 01:20:30.760
if I can't mind it, I'm
real hesitant to even waste my time in
980
01:20:30.960 --> 01:20:36.079
trying to figure something out with it. And then from there. But if
981
01:20:36.119 --> 01:20:41.119
I can mind it, then it's
okay. What do I want to direct
982
01:20:41.199 --> 01:20:44.680
to it? Something not very efficient. We want it like the like.
983
01:20:44.800 --> 01:20:48.119
We're taking the approach with Avien,
Recpu, mining it with some CPUS that
984
01:20:48.199 --> 01:20:51.760
we had. I felt that that
was probably the better direction to go with
985
01:20:51.880 --> 01:20:57.960
because it's still the the the chain
itself is still in its infancy and has
986
01:20:58.039 --> 01:21:02.239
time to grow. All right,
over the other approaches them and if it's
987
01:21:02.239 --> 01:21:04.640
something that you really like or you
want to give it a shot and you
988
01:21:04.760 --> 01:21:10.359
are mining, you know, convert
some of your lower and mineable things to
989
01:21:10.520 --> 01:21:14.119
it and throw some money at it
and hold. Yeah, you know,
990
01:21:14.319 --> 01:21:16.199
put some at it, hope and
wait kind of thing. Try to get
991
01:21:16.239 --> 01:21:20.119
an early because obviously these are ones
where, if it's an infant situation,
992
01:21:20.279 --> 01:21:27.079
you're trying to get in early and, you know, be that big dollar
993
01:21:27.159 --> 01:21:30.720
holder one day. Now in feel
those yeah, for those that are watching
994
01:21:30.880 --> 01:21:34.640
this, you know after we've actually
recorded, if you have questions, concerns,
995
01:21:34.800 --> 01:21:39.079
you just want to talk whatever.
I make it a point. We're
996
01:21:39.079 --> 01:21:41.840
not big enough to where I can't
respond to people, so I make it
997
01:21:41.880 --> 01:21:44.560
a point to make sure I respond
to every single timent. We're big enough.
998
01:21:44.760 --> 01:21:47.640
Yeah, whatever. So I did
that via the the chat here today
999
01:21:48.840 --> 01:21:53.640
in the live video, but if
you do put a comment below after the
1000
01:21:53.720 --> 01:21:56.880
videos recorded, I will make sure
to respond to it. I get notifications
1001
01:21:56.920 --> 01:22:00.439
for all of it. Just a
brief give like a maybe a little teaser,
1002
01:22:00.479 --> 01:22:01.960
because we are going to be having
a live here pretty soon with John
1003
01:22:02.279 --> 01:22:10.239
on his channel. The mine is
doing exceptionally well. We Are we've had
1004
01:22:10.279 --> 01:22:14.920
to make some adjustments. We have
some some partnerships involved that are or that
1005
01:22:15.000 --> 01:22:18.960
are growing. I should say that
they're for making the move. Moving parts
1006
01:22:19.000 --> 01:22:25.119
are happening. They're growing, as
you've noticed in John's discord, for those
1007
01:22:25.199 --> 01:22:29.800
that follow John and are in his
discord. We have some new machines available
1008
01:22:30.279 --> 01:22:35.119
into our hands. We should be
getting the elusive l five here very soon,
1009
01:22:35.920 --> 01:22:40.479
so just keep an eye on that. In skintting some pictures, I
1010
01:22:40.640 --> 01:22:45.479
recently posted a picture on some of
the coastal cryptos twitter page on we are
1011
01:22:45.600 --> 01:22:49.720
selling the x fives exclusively. I
think there are only a handful of other
1012
01:22:49.880 --> 01:22:56.319
companies that have the x fives.
So just you know. If you guys
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or looking for posting o miningcom yeah, hosting to because that again we have
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some growing partnerships that are starting.
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the hosting actually might get a little
better as we, you know, venture
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down these paths. But yeah,
on that note, amigoes out, this
1018
01:23:25.760 --> 01:23:30.199
has been the amigoes pc. Make
sure to like, subscribe and review us
1019
01:23:30.279 --> 01:23:36.119
on all your podcasting platforms and visit
us at amigoes PC dotnet, get our
1020
01:23:36.399 --> 01:23:42.239
entire library of content and amigoes merge
tell next time. Audios.
1
00:00:00.080 --> 00:00:02.879
You know, Doge wats are coming
in, crypto Walter coming in. That's
2
00:00:02.879 --> 00:00:10.839
that's all good news. JP Morgan
owns critical etherium infrastructure. You have like
3
00:00:10.919 --> 00:00:13.439
they're cool, but they don't have
to prove it. The more that you
4
00:00:13.519 --> 00:00:18.399
can bridge to others, you safe, Moon being example. You're just as
5
00:00:18.440 --> 00:00:21.879
angry as I am as the example. But the more you brand millionaires,
6
00:00:21.920 --> 00:00:26.160
but I know, the more adaptable
you can come. Yeah, they're followers
7
00:00:26.199 --> 00:00:28.920
or whatever. Just jump on board
without even they oh, you know,
8
00:00:28.960 --> 00:00:34.240
they're they're rich, they know what
they're talking about. So welcome to Amigos
9
00:00:34.399 --> 00:00:40.359
PC. If you were looking for
a podcast with high standards and an appreciation
10
00:00:40.600 --> 00:00:46.359
for the finer things in life,
like water, Polo, ballet, equestrian
11
00:00:46.439 --> 00:00:53.679
writing, cricket and trips to the
countryside, you're in the wrong place.
12
00:00:54.920 --> 00:01:02.640
If you're looking for a podcast that
celebrates drinking, random thoughts, wacky conspiracies,
13
00:01:02.840 --> 00:01:07.000
means crypto cinema and a lot of
other things that don't really make any
14
00:01:07.040 --> 00:01:15.519
sense, then you're in the right
place. This is Amigos PC and here
15
00:01:15.560 --> 00:01:22.079
your hosts, Scott and mark.
Hey, you, yeah, you,
16
00:01:22.079 --> 00:01:26.719
you're hearing this for a reason.
You haven't subscribed to the Amigos membership on
17
00:01:26.799 --> 00:01:34.120
super cash. Yet for as little
as five dollars you can get access to
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our feed with no ads and exclusive
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our thirty dollar tier everything, plus
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live Amigo Ama's portally giveaways and crypto
merge for dollar a day or less.
21
00:01:57.519 --> 00:02:00.599
You can support and am you go
out and we are live on Youtube.
22
00:02:00.760 --> 00:02:06.480
We're live. I also wanted to
have breaking news on my Robin Hood
23
00:02:06.840 --> 00:02:15.240
countdown, but it says it's unlisted. Why does it stay unlisted? Visibility
24
00:02:15.960 --> 00:02:24.800
public done. Oh, Nice.
So update my wallet position for Robin Hood
25
00:02:24.800 --> 00:02:30.159
has one point seven million now I
was one point nine. Oh, so,
26
00:02:30.280 --> 00:02:32.360
I'm so you're moving. You're moving
in the chain. Two of ass
27
00:02:32.439 --> 00:02:38.080
want to get rid of have something. Yeah, I've got some Robin Hood
28
00:02:38.120 --> 00:02:39.719
Fun that I want to get out
of. And Yeah, it's like an
29
00:02:39.759 --> 00:02:46.439
abusive relationship, right. Yeah,
can't leave. Can't leave as my money's
30
00:02:46.439 --> 00:02:53.199
tied up and and the bank and
the husband has the has the bank card
31
00:02:53.199 --> 00:02:59.759
and I can't get in. So
that's her Robin Haad News. But I
32
00:02:59.759 --> 00:03:04.680
am noticing and I am seeing on
Reddit that Robin Hood Is. You know,
33
00:03:04.719 --> 00:03:06.960
the wall's are real, like the
want to. So you know,
34
00:03:07.000 --> 00:03:09.319
doach waltz are coming in, crypto
waltters coming in. That's that's all good
35
00:03:09.319 --> 00:03:14.479
news, hopefully for those that are
stuck in Cre Robin Hood, similar to
36
00:03:14.520 --> 00:03:20.159
Scott Situation. You guys can get
out soon. Yes, yes, so
37
00:03:20.280 --> 00:03:25.479
it Lis. We are doing a
live on youtube. Not Event. We're
38
00:03:25.479 --> 00:03:30.919
going to start a new show here
pretty soon, probably within the the month,
39
00:03:30.080 --> 00:03:32.840
or next month I should say,
where weekly we're going to, or
40
00:03:34.080 --> 00:03:39.199
attempt weekly, to provide some information, crypto wise things like that on Youtube.
41
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So I am going to be dropping
this episode on the podcast. So
42
00:03:42.840 --> 00:03:46.439
if you are listening to this at
any time in the future, to for
43
00:03:47.759 --> 00:03:53.520
correlation, today's date is March Eighth, two thousand and twenty two. We
44
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are hosting these on youtube regularly.
We every now and then we will have
45
00:04:00.319 --> 00:04:03.560
a one of these episodes drop onto
our channel for the podcast so you can
46
00:04:03.639 --> 00:04:10.120
listen to it. But again,
if you are listening only on this episode,
47
00:04:10.240 --> 00:04:15.280
these episodes will be weekly on Youtube. So feel free to come to
48
00:04:15.280 --> 00:04:20.839
the Youtube Channel amigoes pc you can
check out all our content. Quick Promo
49
00:04:23.560 --> 00:04:29.279
Coastal Crypto if you want to head
over to the website coastal crypto miningcom.
50
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The website itself is an an a
sick resiler. Yeah, I can't even
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talk right now. This is ridiculous
to right. Yeah, you get the
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jitter since your first time. I
know it's my first time going live.
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Guys Getting No. So coastal crypto
mining is a host provider for data sent
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US facility providing hosting. Feel free
email us, go to our website get
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the contact information. Coastal cryptal miningcom. We do have a sick miners that
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we are selling and we have the
availability for the elusive gold shell x five.
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We also have the a bit main
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enquired within can we can give you
some pricing and if you are looking into
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order, we do carry a minor
warranty seven days from receipt of the machine
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to where, if anything problems come
we try to resolve, fix and keep
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you one hundred percent. Again,
coastal crypto mining dotcom. All right,
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so this show, basically we are
going to be giving a few articles,
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we're going to give our insight on
them and then from there, at the
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end, we will have Qa.
If anybody's watching live and you guys can
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feel free to give us any questions
that you have, especially on topics that
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we talked about here, if you
could take us at Amigos pc so we
67
00:06:01.720 --> 00:06:06.319
can see those comments and from there
we'll get those answer. will try to
68
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filter through all the comments in the
actual common section so we can answer everybody's
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question. But if you do take
us, I will see it and then
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I can. It's very it's easier
to see and I will answer any questions
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from me. So onto our first
topic. How do you want to talk
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about how this is a you wanted
to make a disclaimer? I did.
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I did that already, did you? Yeah, it was like this going
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to be a pocket, like onetime
thing podcast. Gotcha. Gotcha, I
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was listening. Sorry. The first
article that we wanted to go over.
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This comes from company called protostcom.
So we are part of the side hustle
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enterprize discord channel. He also has
a Youtube John Maz that is, has
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a youtube channel side hustle enterprise,
and basically his group, or the people
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that are involved in his discord channel, had happened to share this article and
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I was giving my two cents I
told Scott, had shared this article with
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Scott as well and I thought that
it would be good for us to actually
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discuss this a little bit more detail
kind of go over the article, because
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it is pretty eye opening, if
for those that are, like, not
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really in the know or if they
have a genuine opinion of atherium or or
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are still trying to figure out their
opinion of etherium. So conceess cysts,
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so systems lawsuit reveals JP Morgan owns
critical etherium infrastructure. A group of thirty
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five shareholders of atherium giant Conscius Cease
Agcag, have filed for a special audit
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of the two thousand and twenty deal
that saw jp Morgan Chase a choir and
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of influential stake in two of its
flagship products. Former employees, who represent
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more than half of C AG shareholders, want and investigation into the matter,
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which allegedly saw fundamental intellectual property and
subsidiaries illegally transfer from SAG into the a
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new entity, consensus software incorporated,
CSI. This was in exchange for a
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ten percent stake in a new entity
and thirty nine million loan by CONSENSIS chief
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and etherium billionaire Joseph Lubin. According
to a press release, the deal known
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with or within CEAG as project North
Star, resulted in financial institution JP Morgan
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winning a significant slice of the company's
lucrative intellectual property, specifically Meta mask and
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Infura. So have to stop you
there real quick. I think anytime we
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see any of these like lawsuits or
anything that comes out that has like project
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North Star or Operation Death Star,
like they should know that they should start
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naming these little bit better, because
obviously you know that some shady stuff going
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on. Yeah, not like Operation
North Star, project North Star, like
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you're literally saying, you're that's here's
a red flat here. Yeah, evil
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enterprise, but I know they don't
care. They're just gonna obviously, I
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know we caught on. You have
our own history with the large entity that's
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involved here, and it's like we
already reading this article. I already knew
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that, like this is something that
is plausible, like it's not a fake
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article from what I've seen, and
then seeing inner workings from a company like
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this, here comes the lawsuit.
HMM. But yeah, it's especially naming
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shit like like this is the this
is typical. So both Crypto Wallet,
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Meta Mask and node network infia persist
as arguably the etherium ecosystems most critical infrastructure,
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and I agree with that. Meta
mask is a very huge component to
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atherium and BNB quite a few other
layer two tokens as well. Turns Out
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Wall Street, FATCATCH JP Morgan direct
profits from and even control the infrastructure it.
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So this it's a blow, very
eye opening. If you are a
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00:10:35.240 --> 00:10:39.840
proponent to crypto or you are an
enthusiast of Crypto, you know that this
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00:10:41.399 --> 00:10:46.240
right here is bad news for Crypto
in general. Now and anybody that's actually
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00:10:46.360 --> 00:10:52.320
watching crypto or like following it and
in the needs, the kniche and you
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00:10:52.399 --> 00:10:58.639
know all that stuff. This they
know like etherium is becoming more and more
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centralized on a day to day basis, like it's just a big machine that
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00:11:03.759 --> 00:11:09.879
is now, I would almost say, like it's its own government entity,
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00:11:09.080 --> 00:11:15.679
like the devs are really controlling what
is is projected for a theorium. I
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00:11:15.759 --> 00:11:18.440
guess like they don't like the price, so they start implementing prot and,
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00:11:18.519 --> 00:11:22.080
you know, things to start limiting
the amount of etherium that's out there.
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00:11:22.159 --> 00:11:28.279
Like their affective the devs are affecting
a theium, the ecosystem itself in a
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00:11:28.440 --> 00:11:33.000
centralized manner that basically leads it to
a Fiat currency, or makes it look
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00:11:33.080 --> 00:11:37.440
like a Fiat currency, in my
opinion at least. UN plus, also
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00:11:39.360 --> 00:11:43.360
with the banks getting involved, and
makes it less man no, exchanges are
128
00:11:43.399 --> 00:11:46.759
still at risk and they're not.
It's not your own wallet right where you'd
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00:11:46.799 --> 00:11:52.399
want to keep your funds cryptocurrence wise, but it's the banks getting involved is
130
00:11:52.440 --> 00:11:58.360
going to it ruins the whole the
scape of cryptocurrency. The reason for it
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00:11:58.879 --> 00:12:01.720
that we're that we're trying and you
know people that are really forty centralized,
132
00:12:03.919 --> 00:12:07.840
you know, currency, this kind
of these types of things are going to
133
00:12:07.960 --> 00:12:11.879
keep happening and it's gonna you know, they you know, chase, JP
134
00:12:11.039 --> 00:12:13.759
Morgan. Chase has, you know, other buddies that are going to look
135
00:12:13.759 --> 00:12:16.960
at this or find out about this
or probably already in the works. You
136
00:12:18.000 --> 00:12:20.799
know there's Bank of America, the
other ones you know wells Fargo. They're
137
00:12:20.799 --> 00:12:22.960
going to see that chase is doing
these kind of things and they're going to
138
00:12:24.360 --> 00:12:26.960
work and they sink their teeth and
if they haven't already. Yeah, yeah,
139
00:12:28.679 --> 00:12:31.759
so, I mean there's already a
p ANDC is partnering up with Coin
140
00:12:31.840 --> 00:12:37.320
Base to provide, you know,
different type of cryptocurrency products on their platform.
141
00:12:37.480 --> 00:12:46.840
So it for those that think that
it's great fundamentally for big time investments
142
00:12:46.000 --> 00:12:50.840
or like the mainstream investors, like, you know, big Wall Street companies
143
00:12:50.879 --> 00:12:56.399
like this getting involved in Crypto.
Like yes, we get to see the
144
00:12:56.480 --> 00:12:58.879
positives, you know, the green
days that you know, all the institutional
145
00:13:00.440 --> 00:13:03.519
investing that comes along with that,
and it helps, you know, drive
146
00:13:03.639 --> 00:13:09.639
the the FIAC correlation to the price. Yay. So the fundamentals of Cryptocurrency,
147
00:13:09.720 --> 00:13:15.720
though, is is eventually, cryptocurrency
shouldn't be tied to a Fiat like
148
00:13:15.879 --> 00:13:20.120
it one dough g equals one doge. So the fact that you have these
149
00:13:20.200 --> 00:13:26.159
investors that are now like basically,
you know, backdooring their way into the
150
00:13:26.240 --> 00:13:31.000
system. Mm you're going to start
seeing more censulzation, and etherium is a
151
00:13:31.039 --> 00:13:35.440
perfect example of that, because as
they make their moves, it's getting more
152
00:13:35.559 --> 00:13:41.000
centralized. Roof of steak. Move
that's coming is because they want to get
153
00:13:41.080 --> 00:13:45.759
more centralized. They think it's going
to offset fees. The verdict is really
154
00:13:45.799 --> 00:13:48.960
out on that. I personally don't
think that it's going to actually change the
155
00:13:50.080 --> 00:13:56.799
fees with within etherium make things cheaper
but they're going ahead with it regardless,
156
00:13:56.000 --> 00:14:00.200
like it proof of steak. They
think it's going to be the savior of
157
00:14:00.279 --> 00:14:03.679
atherium and they're, you know,
dictating the price accordingly to that. Just
158
00:14:03.799 --> 00:14:07.799
to finish the article itself. So
all, but we just talked about,
159
00:14:07.879 --> 00:14:13.720
you know, not exactly what Setoshi
not going to moto envisioned when he embedded
160
00:14:16.039 --> 00:14:20.879
canceller. Are On blink brink of
the second bail out. Four banks in
161
00:14:22.240 --> 00:14:31.080
Bitcoins, Genesis Block. Indeed,
project North Star has a proven incredibly lucrative
162
00:14:31.279 --> 00:14:37.399
for CSI shareholders like JP Morgan.
Typical, course, a year after the
163
00:14:37.480 --> 00:14:43.799
transaction, the IP in question was
used to raise funds for CSI. Out
164
00:14:43.840 --> 00:14:48.320
of evaluation of three billion. That
seems actually pretty small comparatively, especially for
165
00:14:48.840 --> 00:14:56.399
JPM after the count he's way concessist
spinoff CSI is expected to hit seven billion
166
00:14:56.559 --> 00:15:01.279
wild. That's ridiculous, you know, and it's funny. You know,
167
00:15:01.360 --> 00:15:03.000
we saw, I don't know last
year right, you saw a chase.
168
00:15:03.080 --> 00:15:11.440
You saw probably some other these financial
institutions saying how cryptocurrency is the Marqui the
169
00:15:11.559 --> 00:15:15.480
market manipulation that goes on, that
they basically say that it's not good.
170
00:15:15.679 --> 00:15:18.840
Don't do it. Yet they're doing
these backdoor deals or they're get their hands
171
00:15:18.879 --> 00:15:22.879
in it. So, yeah,
it comes down again. If these these
172
00:15:22.960 --> 00:15:26.360
bigtime companies are saying, Oh,
it's not good, trust me, they're
173
00:15:26.440 --> 00:15:31.639
buying it. It's good, yeah, or don't trust any that sounds again.
174
00:15:31.720 --> 00:15:33.879
That's not a bad I was recial. So we should put out that
175
00:15:33.919 --> 00:15:39.120
disclaimer. We're no financial advisors or
anything. Were financial advisors this. We're
176
00:15:39.159 --> 00:15:41.639
just kids on you, it's true, not even kids, not kids,
177
00:15:41.759 --> 00:15:46.919
idiots on idiots. That's better.
Yeah. So in addition, so we
178
00:15:46.000 --> 00:15:50.559
were talking about how, you know, the the culprit here, is known
179
00:15:50.759 --> 00:15:54.200
for doing some sketchy things, especially
with the past history that we have.
180
00:15:56.000 --> 00:16:02.279
The former contsts employees are invoking an
article of the Swiss code of obligations which,
181
00:16:02.639 --> 00:16:07.759
if successful, may render the deal
void at time the transaction. Both
182
00:16:07.879 --> 00:16:14.120
Lubin and board members for with winert
I don't know that is we're directors of
183
00:16:14.240 --> 00:16:18.679
both SAG and CSI. Unfortunately,
under Swiss and US law, dual representation
184
00:16:18.799 --> 00:16:25.720
and situations like this are not allowed. The shareholders are also flagging the fact
185
00:16:25.840 --> 00:16:32.240
that required annual shareholder meetings to be
delayed by two years, meaning that they
186
00:16:32.360 --> 00:16:37.159
had no idea of happening illegal deal
was even happening. Yeah, exactly,
187
00:16:37.679 --> 00:16:44.480
because these meetings never took place,
supposedly, never officially. Wine Art Winer,
188
00:16:44.639 --> 00:16:48.679
Wainer, I don't matter. Officially, was never reelected to the company's
189
00:16:48.679 --> 00:16:55.519
board and so was in no position
to authorize project the North Star. In
190
00:16:55.639 --> 00:17:00.840
lieu of these shareholder meetings, Lubin
hosted an informal informational events it late in
191
00:17:00.879 --> 00:17:03.960
two thousand and twenty one, in
at which C AG staff were informed their
192
00:17:04.039 --> 00:17:08.240
numbers would be slashed from one hundred
and sixty two thirty by the end of
193
00:17:08.279 --> 00:17:14.200
the years. They were talking about
layoffs, which is again typical of the
194
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main investor in this scenario. So
again, we're not financial advisors, but
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what we see here is just more
of the same, and this is again
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etherium is getting centralized. This is
the the tactics of entities that are centralized
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and essentially the tactics of those that, you know, Do Wall Street bidding
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right, and what comes with the
big banks and all that is, you
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know, that we try to stay
away from in the decentralized world. It's
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more regulation and more, you know, more fees. I mean not that
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the thereeams fees are the greatest anyways. But you know, the more more
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things that you know, red tape, overlays and yeah, all these things
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that makes it so much harder to
own, which move your own money,
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which is the art. The argument. Now it's like, well, can
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cryptocurrency be regulated? Like you're talking
about a decentralized, you know application,
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and we age had a guest on
our show, the CEO of divvy,
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Nick Sepernaro. He the divvy project, the divvy Wallet Blockchain. He said
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it very well, which was when
the Internet was created, the Internet cannot
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be regulated, but those that are
on top of the Internet, making and
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developing the Internet, can be regulated. So I think what it comes down
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to is that cryptocurrency may not be
regulated, but they're going to they're going
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to try, they're going to give
it all, they're all to try and
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but at the end of the day
you're going to see the developers of,
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you know, etherium or any of
the projects themselves, they may get regulated
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just to make a status quo of
cryptocurrency in general. So we got to
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keep an eye on that. This
is a fight that's going on right now
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and we definitely need to do our
due diligence and vote in those that are
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in favor of keeping crypto what it
was intended to which basically is a decentralized
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peer to peer platform. All right, so segueing to our next topic,
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which you know, still crypto,
but it also brings in the retail market
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a little bit. Our Buddy over
at side hustle enterprize, huge proponent of
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this one with AMC. He's huge, wouldn't say fan boy, but he
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definitely has his his eyesight on some
type of squeeze at some point. Now
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I will tell you this right now. I'm not invested in or anything.
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I highly doubt Scott is invested in
anything. Letting not see. And I
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don't do any type of retail investing, so it keeping all my stuff out
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of this. This literally means almost
nothing to me. Is Base but the
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CRYPTOTIE. That's why this news are
we're talking about, and I know you're
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not a big fan of Sheba,
but we are a big fan of that,
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which we can get into. Our
Big Fan of the other side of
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it. Basically, in the story
it's AMC who is it's kind of a
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watch and see situation where we're seeing
what will happen. Apparently, back in
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November the AMC decided to take on
Bitcoin to take to be able to use
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at their locations cryptocurrency. So now
they're talking about using some of these other
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ones, which is Shiba and Doge. So they're expecting to see, you
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know, how it will work.
Another big, big revenue. That's actually
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that the that comes through a lot
more than actual cash, which pretty much
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every in these days. They're saying
apple, pe, Google pay and paypal
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already some the other ways people are
using to go the movies. Granted,
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I know me and you both probably
aren't big go to the movie type folks,
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so this doesn't really hit us.
I think they're whether they're trying to
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do is reach some of these you
know that the younger people who are are
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in the crypto market and as a
crypto market blows up and gets more and
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more towards the younger generation, because
the older folks aren't really seeing it.
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Until, you know, you go
to a chase etherium branch to access your
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money, you're in the future,
probably. But what basically it comes down
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to is, you know, if
they do take on Doge, and we
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are a big fan of Doge,
we mind doge and and I honestly if
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I thought that there was an article
out there at some point that they were
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debating on does well, it says
it saysn't more. Honestly, I do
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think March is when they're going to
start with this one. He's loge,
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yeah, at the same time.
So I'd like to see, I'd like
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to see the difference, you know, like the actual utility uses it of
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these two of WHO's using more,
basically as as a right now. Sob
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was about, you know, the
value on Sheba was very you know,
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you have it's for Zeros in a
two right decimal point, so it's two
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zero or a point throws earlier or
too, and the doges at eleven cents
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right now as a time of this
article that we're reading. But basically a
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kind of lets you know that we
need more of this. I guess you
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can say for these for the mean
coins or the whatever you want to call
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them. Right. I don't really
consider doj I mean coin, and again
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I'm a big fan of it.
I think it's the People's coin. But
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she was kind of the one that
kind of jumped on doage's back and they're
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getting traction from it. So I'm
they can succeed. Why not? Yeah,
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honestly, like, well, every
yeah, every bull cycle, there's
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tons of coins that pop up,
as this has been a repeated thing for
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cycles, if you go into history
of Crypto, and then there are a
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lot of them that just don't make
it at some point, you know,
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they fade away. Or she would
rug had quite a bit or they wrote
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poll. Yeah, we can rup
pulled regular basis, but now we don't.
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I mean we have been rug pulled, but yeah, yeah, Gospel.
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I'm just making shoot. Anyways,
Sheba came out swinging, you know,
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making attacks at the creator of Doagcoin, who, seriously, is at
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this point just a mascot. He
has nothing to do with the development of
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doagecoin anymore. Like he has not
made any real money off of doachecoin.
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He since he sold, you know, a majority of his stuff way back
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when. So and to speak for
him, but that's just those are facts
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that are out there. Sheba.
You know, they got a little popular
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because they did that and then,
you know, saying that, you know,
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doagecoin didn't have any utility. Then
come to find out, you know,
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it's doagecoin gets a little bit more
accepted things like that and who hits
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the market first? Right. So
we've already seen doagecoin implemented through the Mavericks,
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right. So you can buy merchandise
at the Mavericks, you can buy
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Tesla Merchandise and in that and that
it in itself should tell you that Doagecoin
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is a coin that can be mass
adopted utility wise for a peer to peer
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transactions. Because the day that Tesla
announced they were going to accept Doagecoin,
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I don't want to say and now, like the day that they launched their
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their site accepting Doagecoin, everything got
sold out. That they five or six
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items that they put on their merch
which wasn't just merch either. You know,
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they you could buy the their Tesla
Tequila with dode. You could buy
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some, even though Tesla have to
Quila, you know, electric vehicle.
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Yeah, yeah, so once a
year. He just I think he actually
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does it now more than once a
year, because he's since he's accepted Doge
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he's done it twice now. So
I don't know if he's just like making
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it as he can, or I
don't know exactly. I have to look
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do a little bit more research.
In the end of the AEQUILA. I
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want some. So eventually we're going
to get some via Doge. But yeah,
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they had like an electric vehicle,
you know, like that tests the
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mother little luxurio that take it doesn't
truck. Yeah, they had called belt
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buckle. There's a bell buckle to
for seven. So it's yeah, and
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everything sold out. And then that's
the thing too, like they so and
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then they re uped their inventory.
That's the reason why they did the Tequila
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for a second time and they sold
out again, like they couldn't keep things
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in stock because Doge in the excitement
with dot and them, you know,
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going through and buying out everything saw. Yes, I'm not a huge fan
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of Sheba. I hate how they
they introduce themselves to the world and I
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sold immediately as soon as I started
seeing that. So I am not a
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proponent of Sheba, but I do
want to see, you know, Sheba
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and dog. I want to see
what the numbers look like with from AMC.
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So hopefully maybe they do like on
a shareholder call or something and we
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get some insight from John Maybe from
that and seeing who out they formed.
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You know, that will be all
of the Doge helt before you know.
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That's going to be all over Reddit
as far as yeah, the whole like
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the because it's the Sheba. Yeah, the she army in the Doe Ed
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Im, you know, all the
mean people going to war. Yeah,
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whole thing. Yeah, they're going
to go. Yeah, exactly, they're
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gonna go to even though Doge like
the community is to be like chill and
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and not be like that, but
it still happens. It doesn't. There's
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always, you know, a couple
smucks that really do. Just like those,
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the kids, like the kids on
the bus that don't try to act
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cool, but they're just sitting there
and they're like they have like they're cool,
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but they don't have to prove it. She was like the douchebags in
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the back, like throwing candies and
stuff, with the kids up in the
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middle of the front. You know, that's kind of how I see it.
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I mean I own both. I
have I own sth like I'm all
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fancy. I have shares on both
of them and you know, but toads
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the only one that I truly care
about for the one. I'm just hoping
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00:27:37.759 --> 00:27:44.559
right get that whole cross your fingers
and see what happens. Yeah, which,
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00:27:44.720 --> 00:27:48.359
before we before we end, everything
will kind of go over what we've
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done and basically a message that we're
like kind of conveying to everyone, or
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at least like people are like are
hosting with us and just telling them,
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you know, what we're doing to
see you can kind of get inside it
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00:28:00.440 --> 00:28:03.920
and actually what we're doing with the
mining. The other two little steps I
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00:28:04.000 --> 00:28:07.079
just want to show here. On
AMC. They have a hundred, for
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00:28:07.880 --> 00:28:11.480
a thousand or four movie theaters and
they're in fifteen countries, which I was
336
00:28:11.640 --> 00:28:18.400
quite shocked at they have that much
going on. Yeah, one thing that
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kind of makes me nervous, especially
now AMC tying with Crypto, the popcorn
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prices. I don't know, like
you said, for you know. Well,
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no, we're not. We're we're
not, you know, avid moviegoers
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and here in Arizona AMC is not
the theater that I'm going to, even
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though they're probably is one closer to
me that than Harkins, right, but
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00:28:41.039 --> 00:28:47.079
Harkins and just overall is a better
movie theater and movie going experience. What
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I saw on the Internet the other
day. Not to knock am see,
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but they're like some of their theaters
are not up to today's standards from movie
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view and watching. So that's something
that AMC does need to end address as
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00:29:00.279 --> 00:29:04.599
they bring in Crypto, because you
are going to get the twitter trolls right,
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00:29:06.039 --> 00:29:11.200
you're going to get these guys that
are fully invested in Crypto, and
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00:29:11.720 --> 00:29:15.000
I'm not saying that you know people
from dog our, Hoy Toyd or anything
349
00:29:15.079 --> 00:29:18.839
like that, but they're going to
have a standard. And I'm not saying
350
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like yeah, I'm that kind of
person either, but if you saw some
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00:29:22.400 --> 00:29:26.640
of the pictures that I saw,
AMC has some things to address. They
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00:29:26.720 --> 00:29:30.880
need to come up to the current
age of movie theater going experience. Yeah,
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00:29:30.920 --> 00:29:34.200
I mean they definitely need to.
I mean they had a whole bunch
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of time to revamp right there.
They were closed for for several they could
355
00:29:38.440 --> 00:29:44.000
have remodeled so much years with not
being able to go the movies. So
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00:29:44.480 --> 00:29:51.039
yeah, yeah, missed opportunity.
But what we shall see what they do.
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00:29:51.559 --> 00:29:52.319
And Yeah, you're right, there's
going to be those people that are
358
00:29:52.359 --> 00:29:56.039
going to go on there and they're
just gonna bash their experience. What's that
359
00:29:56.119 --> 00:30:00.839
say? You know, that's anytime. Come on, I mean we're part
360
00:30:00.960 --> 00:30:06.880
of twitter, right, that that
has this community. Like we know what
361
00:30:07.160 --> 00:30:11.759
that community is and it looks like
it's kind of crazy. I can get
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00:30:11.839 --> 00:30:15.759
crazy. We definitely I got to
figure out like a whole dark mode over
363
00:30:15.839 --> 00:30:21.160
here, because this this the wife
is bright, right ass, yeah,
364
00:30:21.440 --> 00:30:25.839
that's bright. So the last the
last one. This is actually going to
365
00:30:25.880 --> 00:30:27.440
tie into what we're going to finish
off with, which kind of just talking
366
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about the stuff that we're doing and
and how we're moving forward because of the
367
00:30:33.480 --> 00:30:37.960
shenanigans that is going on with the
theorem. So, which that's we're going
368
00:30:37.000 --> 00:30:41.920
to end on that with everything.
So the top five cryptocurrencies to watch this
369
00:30:42.119 --> 00:30:48.680
week in relation to time. If
you're listening or watching this in the future,
370
00:30:49.599 --> 00:31:00.200
today again, is March eighth or
twenty twenty two? Yep, never
371
00:31:00.319 --> 00:31:03.839
know. Yes, time travel.
Never let a cryptocurrency works. You can
372
00:31:03.960 --> 00:31:10.920
time travel by viewing their black chain. So top five to watch this week
373
00:31:11.000 --> 00:31:17.680
BTC, xarp, near Xmr and
waves. So I will be honest with
374
00:31:17.759 --> 00:31:19.839
you, I have never heard of
near and I've never heard of waves.
375
00:31:19.960 --> 00:31:26.079
So this is going to be a
good conversation. Bitcoin. BTC Plunge Blow
376
00:31:26.200 --> 00:31:32.960
Fort K on March fourth and has
been trading below the level throughout the weekend.
377
00:31:33.160 --> 00:31:37.680
Although the CRYPTO price action has been
volatile the past few days. Last
378
00:31:37.759 --> 00:31:48.279
no data shows that institutional investors have
been gradually accumulating BETC through grayscale Bitcoin Trust,
379
00:31:48.599 --> 00:31:52.440
which that that something might look into. I wonder if they're owned by
380
00:31:55.400 --> 00:31:57.759
like black rock or anything like that. I'll share. Since December, two
381
00:31:57.799 --> 00:32:02.960
thousand and twenty one, another positive
sign has been that fund managers have not
382
00:32:04.319 --> 00:32:10.720
panicked and dumped their holdings in GBTC. This to suggest that managers possibly are
383
00:32:10.759 --> 00:32:15.960
bullish in the long term. Hence
they are riding out the short term pain.
384
00:32:15.319 --> 00:32:20.960
So just to stop there and talk
about BTC in general and my opinion,
385
00:32:21.039 --> 00:32:24.640
at least, or our opinion as
so, why they may be doing
386
00:32:24.759 --> 00:32:28.640
this. And again, we're not
financial advisors. Were just two idiots on
387
00:32:28.680 --> 00:32:32.559
the Internet talking to you guys,
telling you what we're doing and our insight
388
00:32:32.680 --> 00:32:39.160
in this stuff. And with BTC. BTC always goes through having and those
389
00:32:39.279 --> 00:32:42.559
encrypted in the crystal space. They
know what the having is. They know
390
00:32:42.680 --> 00:32:45.799
the cycle of the having all that
stuff from in two thousand and twenty we
391
00:32:45.960 --> 00:32:49.400
just passed one. We're full blown
now into two thousand and twenty two,
392
00:32:49.720 --> 00:32:52.400
two years away from the last having
her about a year and a half ish
393
00:32:52.799 --> 00:32:58.440
about right. And what usually happens
when a having starts to approach? Within
394
00:32:58.880 --> 00:33:04.720
a year or so of it,
you, they start to damn it steamy,
395
00:33:05.319 --> 00:33:10.960
you, you fucking your message threw
me off. Anyways, BTC ends
396
00:33:12.039 --> 00:33:15.599
up the having starts to approach,
people start to see the having having.
397
00:33:15.759 --> 00:33:21.480
Usually happens that they're cutting the reward
of bitcoin. So miners, the companies,
398
00:33:21.599 --> 00:33:25.759
the little guys like US Mining Bitcoin, they're losing their reward. So
399
00:33:25.839 --> 00:33:30.240
there's going to be less bitcoin on
the market once it's having happens. So
400
00:33:30.359 --> 00:33:35.359
what happens during when the lead up
to the to the having, the price
401
00:33:35.799 --> 00:33:39.839
the Fiat Association Two bitcoins start to
skyrocket because people start to see the Foamo.
402
00:33:40.799 --> 00:33:46.960
And so these companies are anticipating that
happening again, and so I can
403
00:33:47.000 --> 00:33:52.440
see why they're not selling either.
They're holding in, basically waiting for the
404
00:33:52.559 --> 00:33:59.400
next pump. If you remember Scott
like this last bowl run right, and
405
00:33:59.720 --> 00:34:01.440
I'll be the first two it.
I don't mind to say first to admit,
406
00:34:01.559 --> 00:34:06.720
but we definitely are not in a
bowl run anymore, whether people want
407
00:34:06.720 --> 00:34:12.199
to call it kangaroo or the kangaroo. Want to call it yeah, or
408
00:34:12.280 --> 00:34:14.280
they want to call it up that. Yeah, that's a new term.
409
00:34:14.320 --> 00:34:17.400
I just going to sense kind of
just keeps bouncing up and down. That
410
00:34:17.559 --> 00:34:20.800
makes it's going up and down,
up and down, up and down,
411
00:34:21.039 --> 00:34:23.239
or if it's like a bear run
right, I don't know if we're in
412
00:34:23.239 --> 00:34:27.559
a bear run. I honestly can't. I don't think that that's what's going
413
00:34:27.639 --> 00:34:30.599
on right now, but I don't
for see that like a bear run really
414
00:34:30.719 --> 00:34:35.239
is going to hit now. Are
we in a crypto winter? Definitely,
415
00:34:36.320 --> 00:34:40.800
in some form shape something of a
crypto winter when it comes to like mining
416
00:34:42.119 --> 00:34:46.119
and just the way crypto because crypto
just feels off right now, especially in
417
00:34:46.199 --> 00:34:52.400
the in the perspective of a minor. It feels off. Where was I
418
00:34:52.480 --> 00:34:58.199
going to see these value that we're
going or basically, yeah, so when
419
00:34:58.239 --> 00:35:01.679
you correlate it, correlate the the
value to Fiat right, which we should
420
00:35:01.719 --> 00:35:05.440
not be doing anymore. We really
need to get away from that. But
421
00:35:05.559 --> 00:35:08.199
it's, you know, the beat, the we let the pocket out,
422
00:35:08.280 --> 00:35:14.199
or whatever you want to call it. People will get Fomo and they start
423
00:35:14.280 --> 00:35:16.440
to that you'll start to see the
value start to increase as we get closer
424
00:35:16.480 --> 00:35:22.800
to this having and you start to
see the reward to minors dissipating, especially
425
00:35:22.840 --> 00:35:27.599
after now what do I see?
Besides the five cryptos that were just talking
426
00:35:27.679 --> 00:35:30.599
are you, that are mentioned in
this article? I see that other all
427
00:35:30.719 --> 00:35:35.880
coins may actually see an uptick because
of that. If you want to use
428
00:35:36.000 --> 00:35:40.599
the correlation to Fiat currency. One
of those coins Raven coin. Ravencoin is
429
00:35:40.639 --> 00:35:45.639
a fork of bitcoin and they already
had their having. Well, shortly after
430
00:35:45.760 --> 00:35:50.679
bitcoins having they're going to have another
one. So we could see an it's
431
00:35:51.000 --> 00:35:57.519
an expectation of an increase to that
as well. You have any feedback?
432
00:35:57.639 --> 00:36:02.119
No, I like it Woin Scott. I like it looks good, solid
433
00:36:02.159 --> 00:36:07.519
performance. Yeah, one thumb up. Yeah, one thumb up yeah,
434
00:36:08.559 --> 00:36:12.960
for Bitcoin. So I mean everybody
knows bitcoin. BITCOIN is king. BITCOIN's
435
00:36:13.000 --> 00:36:15.519
not going anywhere, even if they
try to implement some type of regulation,
436
00:36:15.679 --> 00:36:21.960
Bitcoin is always going to be here. There are more and more big time
437
00:36:22.159 --> 00:36:27.679
companies getting involved with bitcoin mining,
like there was literally just one that had
438
00:36:28.280 --> 00:36:34.159
did a series B investment. People
can actually buy into the company and they're
439
00:36:34.239 --> 00:36:37.039
using all that money to buy bitcoin. Miners are going to be opening up
440
00:36:37.159 --> 00:36:42.360
a wild facility in North Texas.
I'd have to look up the name.
441
00:36:43.239 --> 00:36:46.280
But yeah, it bitcoin mining is
here to stay in it it is just
442
00:36:46.519 --> 00:36:53.679
growing or constantly. XRP, ripple
the next one that they talked about in
443
00:36:53.800 --> 00:36:58.679
this list. So I'm not having
but of ex yes, I'm not a
444
00:36:58.679 --> 00:37:02.960
big fanily hasn't done, don't as
much as I hoped it would be.
445
00:37:04.559 --> 00:37:08.119
Let's just say that that was over. Well, they're still in contention with
446
00:37:08.199 --> 00:37:13.000
the SEC, which also could be
another backdoor for the government. I thought
447
00:37:13.039 --> 00:37:19.199
they they're not letterating any headway with
this and I well, no, so
448
00:37:19.400 --> 00:37:22.679
they're. They're still in contention with
the SEC. It's not like they solved
449
00:37:22.679 --> 00:37:25.400
anything. They definitely have voted that. They have said that they're not a
450
00:37:25.519 --> 00:37:30.639
security which is something they were fighting
with the SEC, but that beyond that.
451
00:37:31.760 --> 00:37:36.800
So well, let's just read the
article and see what they're what they're
452
00:37:36.840 --> 00:37:42.840
saying. So ripple XARP has been
attempting to rise above the downtreadline for the
453
00:37:42.880 --> 00:37:47.800
past few days. The bears have
held their ground. A minor positive is
454
00:37:47.920 --> 00:37:52.960
that the bowls have not given up. These are the xrp fan boys and
455
00:37:52.119 --> 00:37:59.599
are trying to defend the fifty day
SMA seventy two cents. This is the
456
00:37:59.679 --> 00:38:05.800
thing dude, like Alt coins have
trouble maintaining in a market that is volatile
457
00:38:05.920 --> 00:38:10.800
like it is right now. Bro
O read, I don't have to figure
458
00:38:10.800 --> 00:38:17.719
that out. So it's it's going
to be down no matter what. Right
459
00:38:17.760 --> 00:38:22.719
if you're going to continue correlating it
to Fiat currency, it's going to be
460
00:38:22.840 --> 00:38:27.440
down in relation. My thing it, my thing would be is to find
461
00:38:27.599 --> 00:38:30.239
x ARP, because this is a
proof of stake coin. It's not a
462
00:38:30.719 --> 00:38:32.519
you can't mind it in any way. Fin will find a way to mine
463
00:38:32.559 --> 00:38:37.079
it because there are options like pro
hashing, link in the description below,
464
00:38:37.480 --> 00:38:42.880
or an affiliate. But basically,
find an alternative avenue of trying to find
465
00:38:42.960 --> 00:38:45.679
us. If you're going to stick
to it, when the bowl run comes
466
00:38:45.760 --> 00:38:51.000
back in, you will see coins
like the xrp's not going anywhere. They're
467
00:38:51.000 --> 00:38:54.000
not going anywhere, so you'll start
to see the pump again in lease,
468
00:38:54.079 --> 00:39:00.880
my opinion. So near what is
near, near protocol is sandwich between the
469
00:39:01.199 --> 00:39:08.280
moving averages for the past few days. This shows that bears are selling rallies.
470
00:39:08.719 --> 00:39:15.239
The SMA is eleven wow, things, wow, while bowls are buying
471
00:39:15.280 --> 00:39:22.679
the dip. Twenty Day Ema.
HMM. Ten dollars, okay, the
472
00:39:22.440 --> 00:39:29.400
RSI is near the midpoints, contrary
to exception in the price breaks stains.
473
00:39:29.599 --> 00:39:31.960
Okay, it's just that one slips
her hurting shit on their list. Care
474
00:39:32.000 --> 00:39:42.639
about that? Yeah, the the
pair picked the bullish momentum. Will's do
475
00:39:42.800 --> 00:39:46.800
this. What is near near protocol? It's actually look at it and see.
476
00:39:47.119 --> 00:39:54.599
Okay, is it worthwhiles when Peek
your into to call? No,
477
00:39:55.480 --> 00:40:00.519
not really, but I mean we'll
figure it. How are your business with
478
00:40:00.719 --> 00:40:07.400
near? Okay, maybe in my
interest me, a pathway and new financial
479
00:40:07.440 --> 00:40:14.480
system. Also the same stuff we
always see Oversata, okay, coin,
480
00:40:15.639 --> 00:40:20.239
global license exchange with off every system. That's just that's expensive real estate.
481
00:40:20.280 --> 00:40:27.960
Sing A. Poor Singapore is always
positive for Crypto. Yeah, solve hard
482
00:40:28.039 --> 00:40:35.800
problems by it or like it.
Institution earn prices features. Do you have
483
00:40:37.039 --> 00:40:46.360
a white paper? No, I
must be good, because offices in San
484
00:40:46.400 --> 00:40:51.440
Francisco, I would you say?
The state isn't cheap. This right here
485
00:40:52.679 --> 00:40:57.639
kind of worries me. So a
little backstory. You can kind of Google
486
00:40:57.719 --> 00:41:02.039
this a little bit. Any company
that involves an option where you can get
487
00:41:02.559 --> 00:41:09.360
free Bitcoin, there is a large
institutional backing that is involved, like some
488
00:41:09.480 --> 00:41:15.360
of the og big investors, black
rock would be a good example of that,
489
00:41:16.119 --> 00:41:22.239
where they were the proponents of,
you know, mass adoption and giving
490
00:41:22.320 --> 00:41:27.639
out like hey, here's you.
Do this for ten dollars in Free Bitcoin.
491
00:41:28.039 --> 00:41:30.679
Do this for ten dollars a free
bitcoin. So this. When I
492
00:41:30.800 --> 00:41:36.000
see something like this, it already
tells me that they probably have that kind
493
00:41:36.079 --> 00:41:42.960
of institutional lending involved somewhere or institutional
investment involved into their company. That that
494
00:41:43.119 --> 00:41:49.199
kind of makes me a little weary
of it. But like they don't even
495
00:41:49.280 --> 00:41:52.239
have like a paper, then,
don't have nothing that like really tells us
496
00:41:52.320 --> 00:41:57.760
anything about their call. There a
better way to bitcoin. Weird. Yeah,
497
00:41:59.360 --> 00:42:01.000
if I can't see a wipe.
I'm not saying like the white papers
498
00:42:01.119 --> 00:42:05.360
the end all be y'all, but
like there's got to be something like this.
499
00:42:05.719 --> 00:42:09.719
Like this just seems like some kind
of and you have like Instagram,
500
00:42:09.920 --> 00:42:16.480
water somebody photos like the yeah,
exactly, this doesn't. This doesn't really
501
00:42:16.559 --> 00:42:20.840
appease or pop out of me to
say that. Yeah, really, so
502
00:42:21.679 --> 00:42:30.400
that one with caution, everybody.
Right. Xmr Xmr so stellar. No,
503
00:42:30.559 --> 00:42:32.719
Minaro, that's right, I don't
know. I'm minarow. I thought
504
00:42:32.719 --> 00:42:36.880
it was still and I think it
was stellar. I don't know, by
505
00:42:36.960 --> 00:42:42.480
the way, and manarow. So
minnaro has been in the limelight as of
506
00:42:42.599 --> 00:42:45.679
recently. Of surprise actually they would
even list it. With what's going on
507
00:42:45.800 --> 00:42:52.239
with Minaro. Manaro was one of
the factors that actually caught the two billionaire
508
00:42:52.519 --> 00:42:58.320
bitcoin hackers that basically they were moving
bitcoin into Minaro to try to disperse it
509
00:42:58.360 --> 00:43:04.079
out to multiple wallets. The government
found a way to track all of their
510
00:43:04.159 --> 00:43:08.880
transactions and hissing and basically where things
were painting out in manarow system. So
511
00:43:09.000 --> 00:43:15.199
that means that the government has some
exclusive access or a back door, or
512
00:43:15.360 --> 00:43:21.440
they did so they say that they
were good old fashioned detective tracing, but
513
00:43:21.639 --> 00:43:27.480
let's be serious, man were in
a day and age where crypto is beyond
514
00:43:27.960 --> 00:43:36.199
our comprehension in those cases. So
I would tread with caution that this is
515
00:43:36.239 --> 00:43:39.239
a CPU mindable coin. So if
you are going to like I wouldn't out
516
00:43:39.280 --> 00:43:43.360
where I buy it, but if
you could try to mind it's very difficult
517
00:43:43.400 --> 00:43:45.199
to mind. You need a large
amount of CPUS to mind it, but
518
00:43:45.880 --> 00:43:51.519
I definitely that would be the route
that I would go to acquire it.
519
00:43:51.840 --> 00:43:53.239
I'm not saying anything good or bad. It's been around for a while.
520
00:43:53.280 --> 00:43:59.079
It's going to be around, so
I assume that once the next bull market
521
00:43:59.159 --> 00:44:01.280
comes up, you know, you'll
see a price increase with it. I
522
00:44:01.440 --> 00:44:08.440
just I wouldn't be buying it out
right. Waves waves, US us DT,
523
00:44:09.880 --> 00:44:15.000
which I don't like the fact that
this, this article, is like
524
00:44:15.199 --> 00:44:19.880
correlating everything to us DT. That's
tether, like tether is supposed to be
525
00:44:19.960 --> 00:44:23.400
a dollar, but teller's also sketchy. Is fucked too, like byally just
526
00:44:23.480 --> 00:44:28.239
in print. It's probably grant more
money than the government die like it's crazy.
527
00:44:29.239 --> 00:44:37.079
Yeah, probably paid by telling from
yeah, form a double bottom pattern.
528
00:44:37.239 --> 00:44:40.840
Yeah, I'm not into this.
The trading stuff. I don't know
529
00:44:40.960 --> 00:44:47.719
what they skim from that Crypto,
crypto site, but of course, yeah,
530
00:44:49.400 --> 00:44:53.280
you never know. All right,
well, let's look at let's let's
531
00:44:53.280 --> 00:44:58.599
do what we did with the other
one. So waves, waves, coin
532
00:44:58.679 --> 00:45:07.280
market cat. Let's go to market
cap first. Always ads waves was called
533
00:45:07.360 --> 00:45:20.239
waves. We're waves. It's not
on there. It's not even on quite
534
00:45:20.280 --> 00:45:24.719
market cap. All here it is. That's good. Twenty one dollars.
535
00:45:24.920 --> 00:45:30.559
But Way, you know, all
right, I should have actually went to
536
00:45:30.679 --> 00:45:36.760
the to coin market cap at the
other one by now. By now,
537
00:45:37.000 --> 00:45:44.880
all right, let's go to their
website. Waves Protocol Technologies, release case
538
00:45:45.000 --> 00:45:51.880
studies, waves ducks, metaverse duct
paper, Waves Protocol two thousand and twenty
539
00:45:51.960 --> 00:46:00.960
one. Wave by becoming from EMA
in exchanges to viral products in INN vative
540
00:46:00.280 --> 00:46:07.719
mechanics. The past year has brought
many new applications. Wave Keeper too,
541
00:46:07.400 --> 00:46:13.679
a new chapter not a month or
team presents a batch of feature waves keep
542
00:46:13.679 --> 00:46:17.400
yourself. There's continued development on it. That's nice. So usually when we
543
00:46:17.440 --> 00:46:22.079
get into markets like this, well
more so bear markets, you start to
544
00:46:22.159 --> 00:46:28.159
see development kind of fade off,
red lact which is a because they can't
545
00:46:28.199 --> 00:46:34.519
sustain the market. A Red Flag
like yeah, introducing duck hunters. Dunk
546
00:46:34.559 --> 00:46:39.679
hunters is a game mechanic combining nit
collickables and yield farming developing force. I'm
547
00:46:39.719 --> 00:46:47.679
wondering if they're on the theory and
P watching. They're putting issues RC twenty
548
00:46:47.760 --> 00:46:52.760
four, collaboration of the the theorem
network integrates with Solana. Okay, so
549
00:46:52.840 --> 00:46:59.320
they're building bridges two different CRYPTOS,
which I like. That that is a
550
00:46:59.480 --> 00:47:02.239
good sign. I'm not a fan
that they are were theory or if you're
551
00:47:02.280 --> 00:47:09.280
at one on a little bit earlier
and I explain why? But yeah,
552
00:47:10.400 --> 00:47:17.480
but the more as like a secondary
coin, like an Alt coin, right,
553
00:47:17.599 --> 00:47:22.239
the more that you can bridge to
others, you know, safe moon
554
00:47:22.320 --> 00:47:24.719
being example. You're just as angry
as I am as the example. But
555
00:47:25.039 --> 00:47:29.280
the more you brand millionaires when,
I know, the more adaptable you can
556
00:47:29.360 --> 00:47:35.480
come. Safe Moon guys, you
know. Right. Well, that's that's
557
00:47:35.519 --> 00:47:37.719
your problem, Scott is, want
to keep I'm already on their yeah,
558
00:47:37.840 --> 00:47:45.440
currents, stop doing that. No, I'm not anymore. There you go.
559
00:47:45.639 --> 00:47:52.639
See. Well, see, I
definitely a kiss. I would entertain
560
00:47:52.760 --> 00:47:57.880
this. This, this seems so. They're they're In't yeah, they're.
561
00:47:58.119 --> 00:48:05.599
They're in NFT's. They're bridging to
other block chains, which I like.
562
00:48:05.920 --> 00:48:08.159
There is seems like they're sticky to
block chains that are, you know,
563
00:48:08.320 --> 00:48:13.400
nfte compatible. So sjuana, therey
is, this is one to watch.
564
00:48:13.519 --> 00:48:19.320
Something waves bonded partner. Yeah,
I don't know. Yeah, the one
565
00:48:19.400 --> 00:48:22.920
in this. I would definitely keep
an eye on it. I don't know
566
00:48:22.920 --> 00:48:24.800
if I necessarily look it. This
this chart that they gave, they hit
567
00:48:24.880 --> 00:48:29.760
it right on our peak. But
yeah, I would definitely always looking,
568
00:48:29.840 --> 00:48:32.800
always try with caution. Tried with
caution, find a way to acquire it
569
00:48:34.000 --> 00:48:42.639
without having to put extra FIA with
an investors A. Yeah, all right.
570
00:48:42.760 --> 00:48:51.199
And so before we end it with
the show itself, we are going
571
00:48:51.239 --> 00:48:55.400
to be taking comments. If you
could just tag at Amigos PC with any
572
00:48:55.639 --> 00:49:01.960
questions or comments that you have.
Appreciates Teamy da Villa O'Neil for if popping
573
00:49:02.039 --> 00:49:06.480
into the chat. Appreciate that.
So, basically, I want, before
574
00:49:06.519 --> 00:49:08.599
we get into questions, I wanted
to just kind of talk about what we
575
00:49:08.800 --> 00:49:14.360
are doing with GPU mining and what
the mine is doing, which we actually
576
00:49:14.400 --> 00:49:19.800
do have a stream on this Thursday
with John to at side. Hustle Enter
577
00:49:19.840 --> 00:49:23.119
Prize will probably go into let a
little bit more deeper. But GPU mining,
578
00:49:23.400 --> 00:49:29.360
I as everybody is where. I'm
sure atherium is coming to an end.
579
00:49:29.639 --> 00:49:35.320
The creator of Atherium, ballotic,
whatever is freaking name is, has
580
00:49:35.599 --> 00:49:40.800
given a hint that summer will be
the time that we see the merge implemented.
581
00:49:42.159 --> 00:49:45.480
Well, that happened. I don't
know. You know ittherium's been on
582
00:49:45.599 --> 00:49:49.480
a delay for as long as they
have been something just to keep out and
583
00:49:49.599 --> 00:49:52.760
keep an eye out. We are
still mining etherium. However, me and
584
00:49:52.840 --> 00:49:58.719
Scott are already having the conversation of
moving away from atherium and trying to figure
585
00:49:58.760 --> 00:50:01.800
out what that looks like. So
right now what we are doing is we're
586
00:50:01.840 --> 00:50:07.159
mining a couple of other different coins
and we're taking a split approach to this
587
00:50:07.519 --> 00:50:16.119
because these algorithms are not friendly to
certain team, read team Green. So
588
00:50:16.719 --> 00:50:22.480
you know, we're branching out and
we are trying to figure out a way.
589
00:50:22.679 --> 00:50:25.840
Yep, phazing etherium and so to
talk about. Do you want to
590
00:50:25.840 --> 00:50:30.440
talk about the ones that we're doing
or that we're jumping into the basically,
591
00:50:30.000 --> 00:50:35.719
we're doing flux, Ye, yes, yeah, yeah, and we're doing
592
00:50:35.800 --> 00:50:42.800
raven coin. M I don't even
know if we want to talk about Aben,
593
00:50:43.039 --> 00:50:51.519
but actual another one coin market cap. Yep, we are. So
594
00:50:51.800 --> 00:50:53.840
that's a CPU mind about. So
we are taking like we have a good
595
00:50:53.840 --> 00:50:57.880
amount of cards, saying that we're
putting all our shame up in one basket.
596
00:50:57.960 --> 00:51:04.920
But we did Aben. HMM,
we did. We did Avien right
597
00:51:05.000 --> 00:51:12.840
when it launched. So you know, speculative mining and we were able to
598
00:51:12.880 --> 00:51:15.719
get in like right at the beginning. So obviously we mind a lot of
599
00:51:15.800 --> 00:51:20.519
it right off the bat. We
basically dedicated rig to it for a little
600
00:51:20.519 --> 00:51:24.880
bit and we accumulate a lot.
Now they have since broke their chain to
601
00:51:25.480 --> 00:51:30.159
two algorithms. So you can GPU
mind it and you can CPU mind it,
602
00:51:30.280 --> 00:51:32.679
and we took the direction of just
dedicating our CPUS, because we have
603
00:51:32.800 --> 00:51:37.800
some decent CPUs on some of our
rigs, and so we're continue mining it,
604
00:51:37.920 --> 00:51:40.840
but we're not doing it at a
scale of, you know, throwing
605
00:51:40.960 --> 00:51:46.280
a lot of GPU rigs at it. Now Flux, on the other hand,
606
00:51:47.000 --> 00:51:53.000
we are mining flux in itself.
We have now one full rig,
607
00:51:53.440 --> 00:51:58.800
I would say at this one.
It's almost completely put together. It is
608
00:51:59.119 --> 00:52:02.519
very navidia friendly. So I would
recommend, if you are going to take
609
00:52:02.559 --> 00:52:07.119
a tap, you know, venture
at this, that you you take it
610
00:52:07.199 --> 00:52:13.360
to an approach of NAVIDIA cards,
basically through my testing, which maybe I
611
00:52:13.360 --> 00:52:15.480
should do a video about this.
I'm not sure. Maybe we should do
612
00:52:15.519 --> 00:52:20.559
a video of this. Is So
I we've a acquired certain NAVIDEO cards through
613
00:52:20.639 --> 00:52:25.960
our stent of GPU mining and I
am continually getting my hands on different NAVIDIA
614
00:52:27.079 --> 00:52:31.079
cards. We have since since mining
F x. We have put s on
615
00:52:31.239 --> 00:52:35.239
it. I have them efficient enough, thanks to son of a tech,
616
00:52:36.360 --> 00:52:42.360
that they are roughly about twenty two
to twenty three souls. Flux doesn't do
617
00:52:42.440 --> 00:52:46.039
a megahsh they do solutions per second, so twenty three solutions per second at
618
00:52:46.159 --> 00:52:51.119
roughly about a hundred watts. So
it's not like the most efficient and you
619
00:52:51.239 --> 00:52:54.079
can get them more efficient, like
I had it at one point. We
620
00:52:54.159 --> 00:53:00.239
are doing about seventeen solutions per second
at sixty watts. So there is difference.
621
00:53:00.280 --> 00:53:01.800
You can tune them down a little
bit. You know, you are
622
00:53:01.920 --> 00:53:07.559
subject to affecting your hash rate,
but you can, you know, get
623
00:53:07.639 --> 00:53:13.320
them efficient so it doesn't affect your
power bill that much, I have noticed.
624
00:53:13.480 --> 00:53:16.679
And so we had the ten six
S on there. We now have
625
00:53:16.840 --> 00:53:21.920
a tense, I know a one
thousand six hundred and sixty, on on
626
00:53:22.079 --> 00:53:27.199
the rig at the flux rig,
and it is doing roughly about thirty five
627
00:53:27.480 --> 00:53:31.239
solutions per second at about a hundred
watts. So it's definitely more efficient than
628
00:53:31.280 --> 00:53:35.760
the S. and the S are
three gigs. So just keep that in
629
00:53:35.840 --> 00:53:38.280
mind. That it's so these are
very cheap cards that you can get your
630
00:53:38.320 --> 00:53:43.880
hands on and I I may,
I'm in the works right now of getting
631
00:53:44.039 --> 00:53:50.400
mining only six gigabyte ten s roughly
for about a hundred and eighty dollars.
632
00:53:51.320 --> 00:53:54.119
So if I actually, if this
source actually pans out and I can get
633
00:53:54.159 --> 00:53:58.360
my hands on my they have a
lot. So it just to keep that
634
00:53:58.440 --> 00:54:00.920
in mind. So what did I
say? Ten oneand and one thousand six
635
00:54:00.000 --> 00:54:05.360
hundred and sixty. What other card
today that we are sorry on this?
636
00:54:07.000 --> 00:54:08.039
Yeah, so the most of it. I was going to say that one
637
00:54:08.079 --> 00:54:14.480
for last, the most efficient card
that I have experienced, and again we
638
00:54:14.559 --> 00:54:19.280
have put a lot of our navidia
stuff on two flux tests, testing to
639
00:54:19.320 --> 00:54:22.960
see what's most efficient. So far
it has been the twenty Atti. So
640
00:54:23.079 --> 00:54:30.199
this gets about ninety five to ninety
seven solutions per second at roughly about two
641
00:54:30.239 --> 00:54:34.800
hundred and thirty watts. We did
put the three thousand and ninety that we
642
00:54:34.920 --> 00:54:38.519
have onto flux as well, and
the most that we got out of it
643
00:54:38.920 --> 00:54:44.360
was a hundred and five solutions per
second at three hundred thirty watts. Honestly,
644
00:54:44.400 --> 00:54:47.440
would take the twenty Ati over the
three thousand and ninety just because it
645
00:54:47.639 --> 00:54:52.760
did that. The wattage alone saves
you and you can get them more efficient
646
00:54:52.840 --> 00:54:57.199
to you can actually drop the twenty
atti to like two hundred watts at ninety
647
00:54:57.280 --> 00:55:00.559
solutions per second. So I just
popped it up a little bit because we're
648
00:55:00.599 --> 00:55:04.559
trying to get more flux. At
this points, all hash rates king versus
649
00:55:04.599 --> 00:55:08.400
efficiency for the time being right now. The next testing that I need to
650
00:55:08.440 --> 00:55:13.679
do is actually put the atti onto
flux so we can see what that does.
651
00:55:13.760 --> 00:55:15.719
But I'm still repasting it. I'm
waiting for Amazon to drop off some
652
00:55:15.800 --> 00:55:19.840
thermal pads, so as soon as
those get here we can I can actually
653
00:55:20.480 --> 00:55:23.159
put that on there. When I'll
do that video of testing what Navidia is.
654
00:55:24.199 --> 00:55:30.840
So secondly, that second the why? Why Flock? Why do we
655
00:55:30.960 --> 00:55:37.039
choose flux? So flux itself,
obviously the correlation to two Fiat, which
656
00:55:37.159 --> 00:55:39.360
is, you know, Scott's Wheelhouse, is a buck thirty three. So
657
00:55:39.440 --> 00:55:43.440
every time we do, you know, get a flux to buck thirty three,
658
00:55:43.719 --> 00:55:45.480
and you do, I don't have
to hear about what came prices anymore.
659
00:55:51.320 --> 00:55:53.840
Yeah, yeah, they are Pokemon
for sure. But what I do
660
00:55:54.039 --> 00:56:00.840
like is the the scheme there set
up with flux. So we haven't been
661
00:56:00.920 --> 00:56:09.880
doing flux for very long. Minor
actually, let me take this over here
662
00:56:10.000 --> 00:56:15.400
actually so I can minor pool dot
org. So that's the pool that we're
663
00:56:15.440 --> 00:56:25.039
mining to start mining. All right. So where are we at today?
664
00:56:25.159 --> 00:56:30.519
Today, we are unpaid. Point
seven to zero flux. So we again
665
00:56:30.599 --> 00:56:35.679
we're in the process of building a
rake together. But look this. So
666
00:56:35.800 --> 00:56:40.599
this is that seventy ti and it's
actually doing sixty on the pool. So
667
00:56:40.679 --> 00:56:45.639
that's actually pretty cool on a high
bolessence, as it's doing a roughly about
668
00:56:45.679 --> 00:56:50.039
forty. This this rate has the
twenty atti on it. This weekend I
669
00:56:50.119 --> 00:56:52.920
actually putting our other navidia rig on
there so we can just get more.
670
00:56:53.039 --> 00:57:00.480
But here is why I like flux. So we are getting our LUCIS per
671
00:57:00.559 --> 00:57:05.039
second and we're getting, you know, paid essentially, based on the payout
672
00:57:05.079 --> 00:57:07.800
here, two point two six flux
per day, every twenty four hours.
673
00:57:08.599 --> 00:57:19.480
What happens in addition to because the
block reward on flux is split between it
674
00:57:19.639 --> 00:57:24.280
is split between the miners and the
node providers. And the reason I want
675
00:57:24.599 --> 00:57:30.400
to mind fluxes eventually to get a
node up and running so we can collect
676
00:57:30.519 --> 00:57:36.880
that fee as well. But the
block itself thirty seven point five times too.
677
00:57:37.039 --> 00:57:40.199
So each one gets thirty seven point
five, a node provider and then
678
00:57:40.320 --> 00:57:45.440
the also the miners. So this
reward comes from thirty seven point five.
679
00:57:45.639 --> 00:57:50.800
But then also on top of it
in different chains, because of those no
680
00:57:50.960 --> 00:57:54.719
providers flux provides what they call parallel
assets, and these are assets. The
681
00:57:54.840 --> 00:58:00.800
flux basically on different chains like Katy, a etherium. etherium is always less
682
00:58:00.840 --> 00:58:04.960
because the gas fees are horrendous,
so you don't get as much flux on
683
00:58:05.000 --> 00:58:09.280
there. But there's Tron, there's
BSC, Salana, and then there are
684
00:58:09.760 --> 00:58:14.840
one, two, three, four
five others that are still pending, other
685
00:58:14.960 --> 00:58:20.679
blockchain bridges that will be implemented to
have flux on there, and they're allowing
686
00:58:20.880 --> 00:58:24.320
us to accumulate that as well to
be paid out in the future. So
687
00:58:24.440 --> 00:58:30.559
we're slowly accumulating all of these and
if you guys have watched the channel at
688
00:58:30.599 --> 00:58:37.480
all, you would know that when
we start to invest into a rag that
689
00:58:37.639 --> 00:58:40.559
is been, you know, mining
a certain cryptocurrency, we expand. We
690
00:58:40.679 --> 00:58:45.880
always expand. It doesn't matter what
the Fiat currency price is of it.
691
00:58:45.079 --> 00:58:52.320
We're constantly just growing. So I
expect to see these numbers continually grow as
692
00:58:52.360 --> 00:58:55.760
I get more in a video cards
on on hand and actually get more,
693
00:58:57.440 --> 00:59:01.599
more and more machines going now beyond
that. This is why I like this.
694
00:59:01.920 --> 00:59:07.920
So the parallel assets that it's amazing
is a different chains. In addition
695
00:59:07.119 --> 00:59:13.440
to you have the payouts right,
the way that they're doing these payouts and
696
00:59:13.519 --> 00:59:17.000
the amount that you can actually accrue. There are other things that's going on
697
00:59:17.280 --> 00:59:22.039
with flux that is pretty amazing,
which I already kind of mentioned, which
698
00:59:22.199 --> 00:59:27.639
was the nodes, right, but
you can also build on decentralized web three.
699
00:59:28.119 --> 00:59:30.559
What does that look like for us, or even like the the partnership
700
00:59:30.639 --> 00:59:34.639
that we have with side Hustle Enterprise? What does that look like? I
701
00:59:34.760 --> 00:59:40.599
have no idea, but we definitely
would be looking into figuring this out now
702
00:59:43.639 --> 00:59:49.760
because essentially we can, you know, build something, an APP right or
703
00:59:50.000 --> 00:59:53.400
some type of network or something,
something along those lines that could help us
704
00:59:53.519 --> 00:59:59.760
grow and help everybody else grow along
with it. So flux nodes setups here
705
01:00:00.199 --> 01:00:06.239
is where everything kind of goes into. And so that other half of the
706
01:00:06.320 --> 01:00:09.039
block reward that I was kind of
discussing earlier, like the miners get thirty
707
01:00:09.079 --> 01:00:13.639
seven point five and then no providers
get thirty seven point five. Well,
708
01:00:13.719 --> 01:00:20.039
once you deploy a node, you
get a percentage of that thirty seven point
709
01:00:20.079 --> 01:00:22.559
five. Now keep in mind that
the miners are also still getting your percentage
710
01:00:22.559 --> 01:00:28.360
of this node reward, right,
because they're getting the parallel assets. That's
711
01:00:28.400 --> 01:00:31.440
being paid back into the miners.
So then you also can get still seven
712
01:00:31.519 --> 01:00:37.280
point five percent for the amount of
flux that you create a node for and
713
01:00:37.360 --> 01:00:39.679
they give you the hardware requirements and
all that stuff and you can do multiple
714
01:00:39.719 --> 01:00:44.920
things on the node. There's so
many different things that you can set up.
715
01:00:45.400 --> 01:00:49.199
A not very knowledgeable as to like
exactly, you know, the purposes
716
01:00:49.239 --> 01:00:52.079
of the node itself, but we
can get, you know, once I
717
01:00:52.199 --> 01:00:57.199
start getting deeper into this and figuring
this out, I can do videos and
718
01:00:57.280 --> 01:00:59.960
kind of just show you exactly what
we decide, what we're going to decide
719
01:00:59.960 --> 01:01:02.639
to do. But you know,
you're talking about hosting the node. Obviously
720
01:01:02.719 --> 01:01:07.440
we you know, validating transactions with
the node. Just a lot of different
721
01:01:07.480 --> 01:01:13.000
things that we can do, especially
you start to see some of the requirements,
722
01:01:13.280 --> 01:01:15.079
the rewards. There's a lot of
different things and this is why we
723
01:01:15.280 --> 01:01:21.800
decided to actually start mining flux,
because there's just so much potential of accumulating
724
01:01:21.960 --> 01:01:25.360
more of it and then developing on
it, which, again, we're not
725
01:01:25.480 --> 01:01:30.760
developers, or I don't know what
you want to call a like I'm stealing
726
01:01:30.800 --> 01:01:36.400
the mic here completely, Scott,
so nerds, okay, no, no,
727
01:01:36.639 --> 01:01:38.480
let you go. These are all
things I want to say, but
728
01:01:38.519 --> 01:01:43.719
you got it covered. Thanks.
And so the other one. I think
729
01:01:43.760 --> 01:01:46.039
Scott King actually probably a little bit
more into this one because again, we
730
01:01:46.159 --> 01:01:53.559
just started diving into flux with Raven. So if anybody has like had a
731
01:01:53.599 --> 01:01:58.559
conversation with us at all in like
side hustle enterprise or any of the discord
732
01:01:58.639 --> 01:02:01.000
channels or social media is that,
they would know that we are proponed to
733
01:02:02.239 --> 01:02:06.800
or favorite, or Maxie if you
want. I don't know Max he's a
734
01:02:06.840 --> 01:02:10.840
little extent. We're not at BBT's
level, but we definitely like Ravencoin.
735
01:02:12.320 --> 01:02:15.880
I like the features. Scott.
You want to go into a little bit
736
01:02:15.119 --> 01:02:21.559
if what we have going on for
Ravencoin? Yeah, but we like Ravencoin.
737
01:02:22.000 --> 01:02:23.559
That's kind of the one. We
started talking about it probably, but
738
01:02:23.639 --> 01:02:28.239
I don't know, maybe six months
ago, maybe maybe four months I don't
739
01:02:28.280 --> 01:02:31.880
know. Basically what we're you know, we're on the doomsday path of a
740
01:02:32.039 --> 01:02:35.039
theorium thinking. You know it's going
to be what are we going to do
741
01:02:35.199 --> 01:02:37.199
next? You got to always have
a plan and head and you know next
742
01:02:37.239 --> 01:02:40.599
step kind of situation. So we
started to look in a Raven coin and
743
01:02:42.519 --> 01:02:45.840
and at that time I think it
was around eleven cents or so, twelve
744
01:02:45.920 --> 01:02:51.440
cents, maybe it's definitely first kind
of mark looking at it and yeah,
745
01:02:51.559 --> 01:02:54.840
what it was better times. But
so now we have about what? How
746
01:02:54.920 --> 01:02:58.920
many cards do you have on it? I have three. There was S
747
01:02:59.280 --> 01:03:02.519
S, which eventually don't want to
get those off and put them on flux,
748
01:03:05.559 --> 01:03:07.360
but I yeah, I have three, thirty s the LHR version.
749
01:03:07.480 --> 01:03:12.519
That's the reason that they're not on
eath. Now, if the hack happens
750
01:03:12.559 --> 01:03:16.599
to go through with the video and
they get unlocked through Lhar me and it,
751
01:03:16.639 --> 01:03:22.119
Scott need to have a different conversation. But right now they're on Raven
752
01:03:22.199 --> 01:03:28.079
coin just for simple that s are
are they were built to mind. I
753
01:03:28.159 --> 01:03:31.599
don't care what Navidia is doing with
like they're they're LHR crap or whatever,
754
01:03:31.840 --> 01:03:38.480
like you put these on to mine
a cryptocurrency, like they just they're built
755
01:03:38.519 --> 01:03:44.920
to mind. It's incredible, honestly. Yeah, and then we got a
756
01:03:44.920 --> 01:03:46.480
good amount, since we've been mining
for the past six months or so.
757
01:03:46.679 --> 01:03:50.800
And then we also when Ravencoin light
came out, that was another one we
758
01:03:50.880 --> 01:03:53.599
kind of like mark mentioned earlier,
we branched off to to then, you
759
01:03:53.679 --> 01:03:58.199
know, jumping in that specular mining. We had a hold one. Have,
760
01:03:59.400 --> 01:04:03.679
yeah, one regular of the majority
of what's Mining Raven right now.
761
01:04:03.760 --> 01:04:06.800
I've I'm the one that has all
the raven cards. I forgot about that
762
01:04:09.239 --> 01:04:15.280
is yeah, we have a D
cards. So they're mostly polarists for gigabytes.
763
01:04:16.159 --> 01:04:20.039
We have bought these cards for less
than a hundred dollars in most cases.
764
01:04:20.159 --> 01:04:25.320
Recently we just bought one for forty
dollars. We took the risk of
765
01:04:25.480 --> 01:04:28.039
the guy said it to yeah,
he said, I didn't broke it.
766
01:04:28.119 --> 01:04:31.000
One right, that broke on the
work and posted another machine. He put
767
01:04:31.039 --> 01:04:33.599
it in. I took the risk, so I'll give you forty bucks for
768
01:04:33.679 --> 01:04:38.639
it. and Lo and behold,
I plugged it into hive on our test
769
01:04:38.719 --> 01:04:43.719
bench and it just went to mine
immediately, which with that that's not the
770
01:04:43.840 --> 01:04:45.599
fast of the first time that that
that's happened, you know. But we're
771
01:04:45.639 --> 01:04:49.639
willing to take that risk. So
that's just or at least scion in it,
772
01:04:49.760 --> 01:04:54.239
trying to figure it out. Yeah, no, no, yeah,
773
01:04:54.360 --> 01:04:57.360
yeah, Forty Bucks, let's be
Real, to mild risk, but willing.
774
01:04:57.400 --> 01:05:00.360
I'm willing to take it and if
it pans out, great, if
775
01:05:00.400 --> 01:05:02.519
it doesn't, yeah, well,
we try to flip it. Yeah,
776
01:05:02.559 --> 01:05:05.679
that's a half of taking. Guess
that's what we're doing with these. Yeah,
777
01:05:05.800 --> 01:05:11.599
so that's these s right, the
mining only cards. This is a
778
01:05:12.079 --> 01:05:16.000
Chinese distributor, so we're taking the
risk. I bought one already, waiting
779
01:05:16.039 --> 01:05:19.360
for it to come in. It's
coming in the slow boat. So you
780
01:05:19.440 --> 01:05:24.679
know, once it does come,
that confirmed. You have that confirmed and
781
01:05:24.920 --> 01:05:28.400
be a new supplier for us on
these type of mining cards because, look,
782
01:05:28.639 --> 01:05:31.199
we run a mine, so it
makes no sense. I mean it
783
01:05:31.320 --> 01:05:35.800
does make sense in getting retail Gpus, but then you get that stigma from
784
01:05:35.840 --> 01:05:41.519
Gamers, right, and they're like
freaking miners. freaking miners like I have
785
01:05:41.679 --> 01:05:45.159
conversations on offer up regularly. Hey, but we get am we get them,
786
01:05:45.599 --> 01:05:47.679
but you get a second handed.
For the most part, most of
787
01:05:47.679 --> 01:05:50.840
our cards we will and got only
a couple that were actually reading. Yeah,
788
01:05:51.159 --> 01:05:56.440
most most of our second awsome.
So they had they had their they
789
01:05:56.519 --> 01:06:00.079
have then at the video games that
but that's not saying so weak. I
790
01:06:00.159 --> 01:06:05.760
had all got girlfriend's Conversasul and offer
up regularly and the conversation always ends up
791
01:06:05.840 --> 01:06:10.679
being like, you know, they
don't like the price that I give them,
792
01:06:10.960 --> 01:06:13.960
which is fine, and it doesn't
matter because I'm always I'm not lowballing,
793
01:06:14.079 --> 01:06:17.599
but I'm trying to get you know, I'm protecting my Roy and then,
794
01:06:18.199 --> 01:06:20.239
at the same time, like we
start to getting a little bit of
795
01:06:20.280 --> 01:06:26.199
argument as to why I feel my
price is justified or whatever, and it
796
01:06:26.360 --> 01:06:30.920
always comes down to me saying,
look, this card is going to have
797
01:06:31.079 --> 01:06:35.880
it's going to be living its best
life once I get that my hands on
798
01:06:36.000 --> 01:06:42.639
it. Like you may have kept
the card decent in your game machine,
799
01:06:42.840 --> 01:06:45.159
constantly turning the damn thing on and
off, on and off, on and
800
01:06:45.280 --> 01:06:48.199
off. I'm going to run it, I'm going to clean the card first,
801
01:06:48.679 --> 01:06:50.679
I'm going to pad it, I'm
going to put the thermal paste,
802
01:06:50.679 --> 01:06:55.519
like this thing's going to be immaculate
again, living its best life. I
803
01:06:55.599 --> 01:07:00.039
have at an atti apart right now
because I am like it's just so disgusting.
804
01:07:00.119 --> 01:07:06.039
It was inside it's so should have
done it sooner either way. So
805
01:07:06.519 --> 01:07:11.119
we have a bunch of players cards
that we've gotten cheap. We literally have
806
01:07:11.280 --> 01:07:13.960
not paid over a hundred dollars for
any of the cars that we have on
807
01:07:14.079 --> 01:07:16.880
it. I want to say that
there's at least five or six, I
808
01:07:16.960 --> 01:07:20.679
think, with this new one.
So be number six. So that's one
809
01:07:20.840 --> 01:07:27.280
full rig of it. I think
at this point, especially if this kangaroo
810
01:07:27.480 --> 01:07:31.400
market or whatever we want to call
it, miners continue to to pull their
811
01:07:31.440 --> 01:07:38.840
machines from, you know, mining
in general, which the higher killoopper hour,
812
01:07:38.920 --> 01:07:42.440
those those people are really starting to
pull their machines off. We should
813
01:07:42.480 --> 01:07:45.599
be able to actually Solo Mind Raven
coin here pretty soon, and the goal
814
01:07:45.800 --> 01:07:51.800
is also soon to be solo mining
flux. So we're constantly getting at thirty
815
01:07:51.880 --> 01:07:56.159
seven point five versus just a few
flucks, you know, a day.
816
01:07:59.960 --> 01:08:03.800
Yep, all right, nice,
he said. So those are yeah,
817
01:08:03.800 --> 01:08:09.480
that's what we're shooting for. That's
what we're doing and obviously, as if
818
01:08:09.559 --> 01:08:15.159
you're a minor, you know that
basically just keep growing, keep adding to
819
01:08:15.280 --> 01:08:19.600
it. mean he is going away. It's supposedly by the end of summer.
820
01:08:19.760 --> 01:08:26.359
If you listen to or or watch
at the beginning of the stream when
821
01:08:26.399 --> 01:08:30.039
we start talking about just some of
the shady shit that's going on with atherium.
822
01:08:30.159 --> 01:08:33.520
Right now, me and Scott are
having the conversations of do we depart
823
01:08:33.640 --> 01:08:42.800
earlier not with mining theorium, and
I am really leaning towards no longer mining
824
01:08:42.840 --> 01:08:45.239
a theory, even if it is
the most profitable coin. It's just there's
825
01:08:45.239 --> 01:08:53.560
just listen to the beginning of the
of the stream or if you're on the
826
01:08:53.560 --> 01:08:56.520
PODCAST, go back to the beginning. Listen. You can tell why why
827
01:08:56.600 --> 01:09:00.640
we're trying to get away from it. So that'd be weird if they started
828
01:09:00.640 --> 01:09:01.920
out the end. They did start
the end. Let me just skip everything.
829
01:09:01.960 --> 01:09:04.239
I think they do. ADDS all
do so first half hours. So
830
01:09:04.279 --> 01:09:10.840
let me just skip everything. I
no wonder that makes sense. So again
831
01:09:11.399 --> 01:09:13.439
we're going to do a little bit
of Qa. We I know we have
832
01:09:13.560 --> 01:09:18.479
one question the chat already. So
just if you could tag us at Amigos
833
01:09:18.520 --> 01:09:23.720
pc just so I can see the
comment, you know, pop out into
834
01:09:23.760 --> 01:09:28.560
my face. But Steamy said,
and this kind of piggybacks to some of
835
01:09:28.600 --> 01:09:31.600
the stuff that we were talking about
with safe moon. A lot of lawsuits
836
01:09:31.720 --> 01:09:40.159
are going around with influencers and safe
moon Foamo or a legit and pump e
837
01:09:40.439 --> 01:09:46.920
dumpy. HMM. So my questions
team me and the way that I'm reading
838
01:09:47.000 --> 01:09:53.239
this is you're basically asking if safe
moon is legit or if it is a
839
01:09:53.319 --> 01:09:59.199
pump and dump coin. So if
you bought in like shortly after and then
840
01:09:59.560 --> 01:10:03.000
if you bought in right, you
bought in shortly after the coin came out
841
01:10:04.000 --> 01:10:06.640
and you were in the ride,
the roller coach we did. You were
842
01:10:06.720 --> 01:10:11.159
watching the pump right, you may
be caught it at a good price and
843
01:10:11.239 --> 01:10:14.600
it continue to pump. They built
their community. They did a really good
844
01:10:14.680 --> 01:10:16.720
job of community, you know,
building their community, and they did,
845
01:10:17.000 --> 01:10:26.279
I think, one of the fastest
cryptos and building their community is it's the
846
01:10:26.399 --> 01:10:30.920
celebrated their year, already celebrated their
year. I I don't know. Is
847
01:10:30.000 --> 01:10:35.119
it so? Is it out?
Damn, that hurt kid for me,
848
01:10:35.600 --> 01:10:41.960
because I'm I'm just going to hang
on. There's no there's no reason for
849
01:10:42.000 --> 01:10:45.880
me to leave because I end up
losing and then I'm losing what I put
850
01:10:45.000 --> 01:10:47.680
in. I'm just going to hang
on and see what happens. I'm going
851
01:10:47.720 --> 01:10:51.319
to enjoy the ride. If it
crash and burns, it crashes and Burns,
852
01:10:51.359 --> 01:10:54.800
and that's the that's the fun we're
in. But you know, you
853
01:10:54.920 --> 01:10:58.439
got that hope that it does take
off, but I don't know, it's
854
01:10:58.479 --> 01:11:02.760
not. I don't know. Yeah, I'm not selling. I'm not.
855
01:11:02.840 --> 01:11:08.199
Oh. So, you know what's
funny? Steamy bring that up. So
856
01:11:08.479 --> 01:11:14.720
we were actually going to have that
conversation. Scott found that article and we'll
857
01:11:14.720 --> 01:11:17.479
talk about it here in just a
second to address what you just said in
858
01:11:17.520 --> 01:11:23.880
the chat. But what was I
going to say? Oh, so I
859
01:11:24.039 --> 01:11:26.880
bought in. I bought in at
at a reason. I mean, Scott
860
01:11:26.880 --> 01:11:30.359
bought it about the same time.
I think Scott put a little bit more
861
01:11:30.399 --> 01:11:33.960
money than he did into safe moon. Yeah, I bought in at a
862
01:11:34.079 --> 01:11:36.680
reasonable price, what I thought was
a reasonable price at the time. I
863
01:11:36.840 --> 01:11:43.399
watched the pump happened and I quadrupled
my money. When you in correlation to
864
01:11:43.560 --> 01:11:49.840
Fiat. I was enticed by the
Tokenomics of safe moon and I am pleased
865
01:11:50.000 --> 01:11:58.239
with the development that they are doing. Now are they? Let me rephrase
866
01:11:58.319 --> 01:12:00.359
it. So I'm a plea.
I'm pleased with the development that they have
867
01:12:00.520 --> 01:12:04.479
launched. However, I am frustrated
with the speed at which they say they
868
01:12:04.520 --> 01:12:09.640
can do things and then they actually
do things. So I'm very frustrate with
869
01:12:09.760 --> 01:12:15.199
that because I know intech things get
delayed and it's that that is just part
870
01:12:15.239 --> 01:12:19.319
of the business. But be realistic
with your times. Then like don't,
871
01:12:19.479 --> 01:12:24.000
don't, I don't. Safe Moon
has moon in the word, like you're
872
01:12:24.039 --> 01:12:26.640
shooting for the moon. Like it, you know, playing all this play
873
01:12:26.720 --> 01:12:31.640
on the moon. I get it, but just be realistic, like there's
874
01:12:31.680 --> 01:12:35.960
no reason to, you know,
try to rush things. If it takes
875
01:12:36.000 --> 01:12:41.079
a certain period of time to build
something, take that time and then give
876
01:12:41.079 --> 01:12:44.720
it some more time because you're going
to have a delay. I will be
877
01:12:44.840 --> 01:12:47.800
interested in seeing what they do with
Gambia. I honestly don't think that that's
878
01:12:47.840 --> 01:12:51.199
really going to pan out, especially
the way that they wanted to. And
879
01:12:51.520 --> 01:12:57.359
now that you know, they've made
mention of Operation Fionics or whatever the fuck
880
01:12:57.399 --> 01:13:00.760
they want to call it. You
know, like see, that's a bad
881
01:13:00.800 --> 01:13:04.079
that's a red flag. We Haing
to get out that there's operation any,
882
01:13:04.119 --> 01:13:08.960
operation anything, the fucking death stars
coming again. Go back to the beginning
883
01:13:09.000 --> 01:13:12.640
of the recording. You know,
we're talking about yeah, project, project,
884
01:13:12.720 --> 01:13:15.720
Operation Star, Death Star, dark
star, any of those. That's
885
01:13:15.760 --> 01:13:23.600
how you know you're in trouble.
Helmet, space balls whatever. Spaceballs moving.
886
01:13:23.640 --> 01:13:26.760
All right, so Steve says,
makes sense. Just seems weird.
887
01:13:27.079 --> 01:13:30.880
Some of the devs sold out and
when they weren't suppose too. From what
888
01:13:30.039 --> 01:13:34.199
I read. I wish you wish
Woll look on it. For sure.
889
01:13:34.800 --> 01:13:39.079
They dude I'll be honest with you. See me like I have had thoughts
890
01:13:39.159 --> 01:13:43.439
of just selling it and parting ways, but at the same time like it.
891
01:13:43.600 --> 01:13:48.439
It's not I'm not in that deep
to be like I'm you know,
892
01:13:48.520 --> 01:13:53.119
I'm losing my I'm my life is
affected by this. So I put him
893
01:13:53.159 --> 01:13:58.479
what I thought I could lose.
I've lost most of it and now I'm
894
01:13:58.560 --> 01:14:00.760
just writing the the the tidal wave. I'd like to see just what happens
895
01:14:00.840 --> 01:14:03.920
in the future. I know a
lot of shady shit happen. That's a
896
01:14:04.000 --> 01:14:10.239
thing with cryptocurrencies. Man Like cryptocurrency. This isn't a currency. What we're
897
01:14:10.279 --> 01:14:14.680
doing is angel investing, if you
want to get to the core root of
898
01:14:14.720 --> 01:14:19.159
it right, especially with these tokens
that are not mindable. That's basically your
899
01:14:19.279 --> 01:14:24.720
crop. Their crowdfunding, trying to
get, you know, liquidity, which
900
01:14:24.840 --> 01:14:28.159
is the whole reason the government is
getting pissed off with the SEC stuff,
901
01:14:29.039 --> 01:14:31.800
because they are basically trying to get
their shit on a stock exchange. They're
902
01:14:31.840 --> 01:14:36.880
just doing it through cryptocurrency avenue and
saying that they're not an asset. This
903
01:14:38.039 --> 01:14:42.319
is just a Crypto, this is
a currency that trading, but in reality,
904
01:14:42.439 --> 01:14:46.680
where angel investing when you're looking at
companies like safe moon, our other
905
01:14:46.840 --> 01:14:51.199
proof of steak coins that come into
play, etherium, when it goes proof
906
01:14:51.239 --> 01:14:57.399
of steak. That will literally be
angel investing because people are still developing on
907
01:14:57.520 --> 01:15:00.880
it. People have to buy into
etherium and they also have to then buy
908
01:15:00.960 --> 01:15:05.000
into that product that's being developed on
a theorem like it. You got to
909
01:15:05.000 --> 01:15:08.960
look at the core root of what
it actually is. So you need to
910
01:15:09.000 --> 01:15:15.359
know your risk, is what I'm
saying. So the other topic that let
911
01:15:15.479 --> 01:15:18.600
a you know, was after steamy
made note of on this is the latest
912
01:15:18.640 --> 01:15:26.319
person to get sued is Jake Paul. Yeah, we were, we're we're
913
01:15:26.680 --> 01:15:29.920
we're talking more, we're thinking about
stories to talk about. Mark was like,
914
01:15:30.000 --> 01:15:34.199
I don't want to talk about Jake
Paul. So but yeah, he
915
01:15:34.920 --> 01:15:40.439
pulled a he did a rug pool. So who do you about pull the
916
01:15:40.439 --> 01:15:44.279
story? I don't know. I
didn't keep the story because he didn't selling.
917
01:15:44.319 --> 01:15:47.880
You didn't want to talk about you
didn't do it a safe moon though.
918
01:15:48.560 --> 01:15:50.960
Honestly, I when you brought it
up, I thought like maybe he
919
01:15:51.079 --> 01:15:55.520
they could have got scammed on another
pokemon card or something. I don't know.
920
01:15:56.640 --> 01:16:01.439
Yeah, I know he you know
and then there's other people that have,
921
01:16:01.600 --> 01:16:05.520
you know, the celebrities man,
when, when they get involved in
922
01:16:05.600 --> 01:16:10.319
these, all there, you know, their followers or whatever, just jump
923
01:16:10.399 --> 01:16:13.199
on board without even they oh,
you know, they're they're rich, they
924
01:16:13.279 --> 01:16:15.199
know what they're talking about. So
one thing that's a dangerous, one thing
925
01:16:15.279 --> 01:16:17.960
that I've noticed, especially in this
last bowl run, is that when,
926
01:16:18.000 --> 01:16:28.319
like a celebrity gets involved immediately you
need to be very cautious. Yeah,
927
01:16:28.319 --> 01:16:32.079
not necessarily forwardsthing you never heard of. If it's something you never heard of
928
01:16:32.159 --> 01:16:36.079
and then they're pushing it, red
flag immediately, because that means they have
929
01:16:36.239 --> 01:16:40.479
steak in it or they're getting money
to say something, to push it,
930
01:16:40.560 --> 01:16:45.119
and then the thing's going to fold
and then your am your Spec if you're
931
01:16:45.239 --> 01:16:51.159
you're regulating on that, of course, of course, but that's just how
932
01:16:51.199 --> 01:16:55.680
I would do it or how that's
how I would approach approach it. Yeah,
933
01:16:55.720 --> 01:16:57.960
but no, I agree with this. Be like different. If there
934
01:16:58.119 --> 01:17:03.279
is a celebrity personality that's involved in
an immediately, there's some type of unless
935
01:17:03.319 --> 01:17:08.920
it's unless it's Matt Damon, for
CRYPTOCOM. Well, he wasn't involved immediately.
936
01:17:08.960 --> 01:17:13.520
If you think about it. No, I know not dude. Yeah,
937
01:17:15.159 --> 01:17:18.199
I'm going to marks. It made
sense, though. He did the
938
01:17:18.239 --> 01:17:21.399
Martian, so why not? Right, he did. I don't want not.
939
01:17:23.680 --> 01:17:32.680
All right. So, so it's
two million dollars. Jake Paul operated.
940
01:17:34.359 --> 01:17:39.520
That's how much. Hit a new
wall at the register. The Name
941
01:17:39.680 --> 01:17:44.920
Problem Child on open see. As
it turns out, Jake Paul's allies much
942
01:17:45.039 --> 01:17:53.039
means like he's likely the one who
owns the wallet. Trying to find out
943
01:17:53.039 --> 01:17:56.399
what the name of the thing was
like, what he pumped in the dumped.
944
01:17:57.560 --> 01:18:00.840
It sounds like some type of NFT
project. It probably which that's another
945
01:18:00.880 --> 01:18:03.680
thing you got to look into.
Like we're only a part of a handful
946
01:18:03.800 --> 01:18:08.359
of NFT projects. I don't know. Yeah, I don't know much to
947
01:18:08.399 --> 01:18:12.279
even talk about those. But yeah, we have our hands and stuff,
948
01:18:12.359 --> 01:18:15.439
but it's not nowhere near were especially
some of these ones that are selling for
949
01:18:15.520 --> 01:18:21.239
millions of dollars. No, yeah, but the ones that we do have,
950
01:18:21.800 --> 01:18:26.039
they are going up in value while
the market is kind of folding.
951
01:18:26.239 --> 01:18:30.560
So that's owing. Oh, hold
on. Paul has been doing paid promotions
952
01:18:30.640 --> 01:18:38.800
for Subal crypto currency such as safe
moon, Yump, Yummy coin, MILF
953
01:18:38.920 --> 01:18:45.039
token and more paid paid well,
that does so that's a red flag.
954
01:18:45.079 --> 01:18:48.560
Guys, yeah, including some,
going to write it out, including safe.
955
01:18:48.840 --> 01:18:51.079
Yeah, that that's what I mean. Say. That's the red flag
956
01:18:51.199 --> 01:18:56.199
for me. Time to family.
Get Out, Langell, I'm not getting
957
01:18:56.239 --> 01:18:59.359
out. It's me either. I'm
going to hand on, tell it crashes
958
01:18:59.359 --> 01:19:01.079
and Burns and then I learned my
lesson. Yet that hand has been dealt.
959
01:19:01.279 --> 01:19:08.680
So we just we watch it see
what happens exactly. You live and
960
01:19:08.800 --> 01:19:12.119
learn. That's the name of the
game. But that's what we're doing.
961
01:19:12.159 --> 01:19:15.439
We're spect we're prospect minding through other
currencies like flux and Raven coin and trying
962
01:19:15.439 --> 01:19:18.600
to figure out. You know,
Raven coin has a lot of use case
963
01:19:18.760 --> 01:19:27.840
with and IFT's and they are collateralizing
real assets on their chain right so,
964
01:19:28.119 --> 01:19:30.039
and you know, BBT is a
huge proposed it. He's not paid by
965
01:19:30.159 --> 01:19:35.920
them, but you damn sure he's
mining it. So or his team is
966
01:19:35.960 --> 01:19:42.199
mining it. It. Ravencoinne is
probably not going to go anywhere my standpoint,
967
01:19:42.399 --> 01:19:46.640
going forward out of this bowl run
and into this new kangaroo market or,
968
01:19:46.880 --> 01:19:49.760
you know, whatever we're going to
call crypto winter bear market, whatever
969
01:19:49.800 --> 01:19:54.680
it is, is. If there's
a new project that's coming to light.
970
01:19:56.439 --> 01:19:59.119
You know, let's say Scott throws
me a project and says, have you
971
01:19:59.159 --> 01:20:00.840
heard of this? Or you know
somebody wanted you guys say that or whatever.
972
01:20:01.760 --> 01:20:04.920
I'm going to look at it first. Let's see if they got a
973
01:20:04.920 --> 01:20:08.479
white paper. If they don't have
a white paper, we try to figure
974
01:20:08.479 --> 01:20:11.600
out from there. If it's a
new some of the newer projects they're launching
975
01:20:12.039 --> 01:20:15.600
without providing their white paper first,
which is fine. Avian did that am
976
01:20:15.720 --> 01:20:19.479
we're still there. Were Still Mining
Avien. What I look for then after
977
01:20:19.560 --> 01:20:23.000
that is okay, well, how
can I acquire this, you know,
978
01:20:23.079 --> 01:20:28.000
without any risk or minimal risk,
and can I mind it? And so
979
01:20:28.079 --> 01:20:30.760
if I can't mind it, I'm
real hesitant to even waste my time in
980
01:20:30.960 --> 01:20:36.079
trying to figure something out with it. And then from there. But if
981
01:20:36.119 --> 01:20:41.119
I can mind it, then it's
okay. What do I want to direct
982
01:20:41.199 --> 01:20:44.680
to it? Something not very efficient. We want it like the like.
983
01:20:44.800 --> 01:20:48.119
We're taking the approach with Avien,
Recpu, mining it with some CPUS that
984
01:20:48.199 --> 01:20:51.760
we had. I felt that that
was probably the better direction to go with
985
01:20:51.880 --> 01:20:57.960
because it's still the the the chain
itself is still in its infancy and has
986
01:20:58.039 --> 01:21:02.239
time to grow. All right,
over the other approaches them and if it's
987
01:21:02.239 --> 01:21:04.640
something that you really like or you
want to give it a shot and you
988
01:21:04.760 --> 01:21:10.359
are mining, you know, convert
some of your lower and mineable things to
989
01:21:10.520 --> 01:21:14.119
it and throw some money at it
and hold. Yeah, you know,
990
01:21:14.319 --> 01:21:16.199
put some at it, hope and
wait kind of thing. Try to get
991
01:21:16.239 --> 01:21:20.119
an early because obviously these are ones
where, if it's an infant situation,
992
01:21:20.279 --> 01:21:27.079
you're trying to get in early and, you know, be that big dollar
993
01:21:27.159 --> 01:21:30.720
holder one day. Now in feel
those yeah, for those that are watching
994
01:21:30.880 --> 01:21:34.640
this, you know after we've actually
recorded, if you have questions, concerns,
995
01:21:34.800 --> 01:21:39.079
you just want to talk whatever.
I make it a point. We're
996
01:21:39.079 --> 01:21:41.840
not big enough to where I can't
respond to people, so I make it
997
01:21:41.880 --> 01:21:44.560
a point to make sure I respond
to every single timent. We're big enough.
998
01:21:44.760 --> 01:21:47.640
Yeah, whatever. So I did
that via the the chat here today
999
01:21:48.840 --> 01:21:53.640
in the live video, but if
you do put a comment below after the
1000
01:21:53.720 --> 01:21:56.880
videos recorded, I will make sure
to respond to it. I get notifications
1001
01:21:56.920 --> 01:22:00.439
for all of it. Just a
brief give like a maybe a little teaser,
1002
01:22:00.479 --> 01:22:01.960
because we are going to be having
a live here pretty soon with John
1003
01:22:02.279 --> 01:22:10.239
on his channel. The mine is
doing exceptionally well. We Are we've had
1004
01:22:10.279 --> 01:22:14.920
to make some adjustments. We have
some some partnerships involved that are or that
1005
01:22:15.000 --> 01:22:18.960
are growing. I should say that
they're for making the move. Moving parts
1006
01:22:19.000 --> 01:22:25.119
are happening. They're growing, as
you've noticed in John's discord, for those
1007
01:22:25.199 --> 01:22:29.800
that follow John and are in his
discord. We have some new machines available
1008
01:22:30.279 --> 01:22:35.119
into our hands. We should be
getting the elusive l five here very soon,
1009
01:22:35.920 --> 01:22:40.479
so just keep an eye on that. In skintting some pictures, I
1010
01:22:40.640 --> 01:22:45.479
recently posted a picture on some of
the coastal cryptos twitter page on we are
1011
01:22:45.600 --> 01:22:49.720
selling the x fives exclusively. I
think there are only a handful of other
1012
01:22:49.880 --> 01:22:56.319
companies that have the x fives.
So just you know. If you guys
1013
01:22:56.359 --> 01:22:59.359
are in the market of looking for
an ACI machine, hit us up,
1014
01:23:00.640 --> 01:23:04.399
or looking for posting o miningcom yeah, hosting to because that again we have
1015
01:23:04.520 --> 01:23:11.840
some growing partnerships that are starting.
We're starting to see light to them and
1016
01:23:12.279 --> 01:23:15.600
the hosting actually might get a little
better as we, you know, venture
1017
01:23:15.680 --> 01:23:25.560
down these paths. But yeah,
on that note, amigoes out, this
1018
01:23:25.760 --> 01:23:30.199
has been the amigoes pc. Make
sure to like, subscribe and review us
1019
01:23:30.279 --> 01:23:36.119
on all your podcasting platforms and visit
us at amigoes PC dotnet, get our
1020
01:23:36.399 --> 01:23:42.239
entire library of content and amigoes merge
tell next time. Audios.
