/BSVG/ Bitcoin SV General – World’s Biggest Miner Edition

[Anonymous No.13972100]

SQUIRE MINING LTD (SQR)
Squire is a mining company controlled by Calvin. On May 29 they signed a contract to buy four mining companies totalling 3,000PH/s mining power. This combined with the 300PH/s they had from before, gives them control of 3,300PH/s. This is a SIGNIFICANT amount and makes them the world’s biggest mining company by far. To put it in perspective, Bitmain had 2,000PH/s at their height. After getting rekt by the BCH/BSV fork they only have 200PH/s left. The BTC chain usually have about 60,000 PH/s, BCH 2,500PH/s and BSV 1,000 PH/s. Squire are in other words a VERY big miner. The acquisition are expected to be concluded within August 31, 2019. In addition to this, Squire are in the process of developing a new SHA-256 ASIC chip. This will further sement their position in the mining industry if successful.


HOW WILL THIS AFFECT THE BSV PRICE?
Calvin has said publicly that they are mining whichever chain is most profitable, and use the profit to buy BSV. So how many BSV are they able to buy every day? According to Craig the profit margin is usually 20% in mining, but let’s be conservative and use 10%. This will allow them to buy 430BSV ($82,000)
every single day. (calculations in end of thread).

430BSV a day might not sound like much, but this is coins that are bought every single day and held, not traded back and forth. It will add significant buy support and upwards momentum to the BSV price. Calvin and Craig also have private personal miningrigs. I don’t know how large they are, but I suspect they are very large for a private rig. I assume they buy BSV with the profit from these as well.


WHAT THIS THREAD IS FOR
Feel free to discuss and meme about everything related to BSV, but please don’t engage with anons who has not seen the light yet. They will only purposefully derail the thread with long-winded pilpul tactics to scare away bluepilled people. Please use other threads for that.

[Anonymous No.13972103]

CALCULATIONS
Daily mined BTC = 24 hour * 6 blocks * 12.5BTC = 1,800BTC
Squire’s share of that is 3,300phs / (3,300phs + 60,000phs) = 0.052
This gives Squire 1,800BTC * 0.052 = 94BTC
10% (profit margin) of that is 9.4BTC
That gives 9.4BTC / 0.02182 = 430BSV ($82,000)


SOURCES
>Squire hash rate
https://www.bloomberg.com/press-releases/2019-05-30/squire-agrees-to-purchase-companies-with-cloud-computing-assets-totaling-2-985-petahash-to-become-one-of-the-world-s-largest
>Bitmain hash rate
https://www.coindesk.com/bitmain-discloses-88-drop-in-its-own-bitcoin-mining-power
>Hash rate comparison BTC, BCH, BSV
https://coin.dance/blocks/hashrate
>Calvin about mining BTC and buying BSV
https://twitter.com/CalvinAyre/status/1131986758902722560
https://twitter.com/CalvinAyre/status/1131221383437004806

[Anonymous No.13972144]

Poo poo pee pee

[Anonymous No.13972191]

thanks just bought 100k

[Anonymous No.13972260]

I hope everyone here that talks about this shitty fork of bitcoin is larping.

[Anonymous No.13972632]

>>13972260
COPE

[Anonymous No.13972661]

>mine btc
>sell it for bsv to yourself
okay brainlet

[Anonymous No.13972708]

>>13972100
Bullish

[Anonymous No.13972812]

They should split. Price will be drop by 80%. Rebuy all from afraid people :D

[Anonymous No.13972820]

>>13972100
> I remember reading it uh, probably because I wrote it

[BSV will win No.13972918]

>>13972820
source me on the audio clip when he says that bro

[Anonymous No.13972966]

>>13972100
Please dont forget electricity and every other outgoing. Also please dont forget that this is a shit thing for centralisatiin of BSV. BSV is the biggest fucking shitcoin I've ever seen. Run by a fucking midlife crisis pedo. BSV is one of the most scammy shitcoins ive seen since fucking onecoin.

[Anonymous No.13973732]

I placed a limit buy at $190 on Robinhood and it dipped below $190. Now it's racing up and my order still says pending. Wtf is going on?

[Anonymous No.13973825]

>>13973732
Massive buying going on now. It has been ready for a breakout all day. I would fomo if I were you

[DarkTrip !nNThBA7CKU No.13973852]

All your BSV drop to $10 when the crash happens

On borrowed time rite now fagots

[Anonymous No.13973857]

>>13973825

I don't think you understand what I said. I *did* buy. I bought a $190 limit buy at about 4:30 PST. Then at 4:40 PST it dipped to $189.88. My order still has not gone through. What kikery is this that's robbing me of my money right now?

[Anonymous No.13973885]

>>13973857
>I *did* buy. I bought a $190
Yeah I read that. Maybe there was not enough sell orders to fill your buy orders? It happenes sometime if there are others infront of you in the orderbook

[Anonymous No.13973904]

>>13973852
>had a bad short
>got mad
Stop being so emotional

[Anonymous No.13973905]

Notice the timing of the pump. BSV startet to pump 5 minutes before BTC started dumping. I don't know if it mean anything, but it certainly is interesting

[DarkTrip !nNThBA7CKU No.13973922]

>>13973904
had to exit that shit i lost like ten grand
think i deserve to get a bit emotional

[Anonymous No.13973946]

>>13973922
Stiff you core cuckold faggot!!! Enjoy poverty

[Anonymous No.13973954]

>>13972260
kek, nobody tell him, guys

[Anonymous No.13973958]

>>13973922
PS my stack just increased 15 k in value thanks for fueling the run

[Anonymous No.13973964]

>>13973852
eternally BTFO. delete your trip and never come here again, or start over because that is fucking embarassing

[BSV will win No.13973966]

>>13973922
ouch, sorry to hear that. here you go bro. it's not much but a little something to vent your frustration with.

[DarkTrip !nNThBA7CKU No.13973971]

>>13973946
it's a shitcoin
you'll get dumped on like the BCH fags were
Calvin just wants BTC holders to dump for BSV - which will happen in part. He'll have their BTC and they'll learn a lesson.

[Anonymous No.13973991]

>>13973971
Cope some more faggot

[Anonymous No.13974009]

>>13973946
>>13973958
You're both degenerate gamblers and deserve fucking spanking

[Anonymous No.13974065]

>>13972918
https://www.youtube.com/watch?v=0S-NSCtfklo&list=FLpjhjJhU0rw6VD1_NvqAvUA&index=3&t=336s

[Anonymous No.13974099]

>>13973857
You should have market bought dumbshit. Get STIFFED

[Anonymous No.13974119]

>>13973971
C O P E

[Anonymous No.13974128]

>>13974099
It amazes me the level faggots go to to literally get .5% more coin when something will go 100x

[Anonymous No.13974129]

>>13972100

i can't fucking believe craig's gonna win

i'm hedging, where do i buy this shit

[Anonymous No.13974133]

>>13973857
imagine falling for kike trading bot hacks just fucking buy the lowest order on the books or market buy like a chad next time.

[Anonymous No.13974147]

>>13973971
Look at this salty faggot. LMAO

Don't be like this retard, bizbros on the fence. Accept reality: BTC dies in 2020.

[Anonymous No.13974151]

>>13973857
lol you jewed yourself trying to make sure you paid exactly $190 instead of just market buying at $191 now you have your dick in your hand and no BSV as we moon to $300. everyone take note and learn this lesson for free at the expense of this nervous NEET

[Anonymous No.13974158]

You mean its artificial pump by street shitters???

ok sirs here is the crypto brown pill
there is a vishnu living in the blockchain. Creg sanjay right is unironically satoj. Bitcoin as electronic rupee was just the first step, the lalachi people start making more powerful compooters, wider poo streets, cheaper and more sacred cows. These things the vishnu need to survive. Once entrenched fully, the vishnu would be able to slowly poo over literally everything
Creg stumbled into creating the vishnu after he stepped in poo in mumbai in 2008 and started working with his Poolip super coompeter, running simulations of poo-in-the-loo on turmeric-complete bitcoin script. He would 'evolve' the vishnu by making the successful streets get poo'd on, letting the rest run off into the indian ocean. The vishnu needs bigger and bigger cows for more and more poos.
BFI (Blockchain Foundation of India) was created to take over and stop this vishnu (they have their own competing vishnu in the works). They did the needful to stop or slow down Cregs vishnu (her name is Poolip by the way). They started by limiting the poo-size and removing critical curry codes the vishnu uses in its punjabi language. Segshit was the final nail in the coffin, which destroyed Poolip on BSV chain (Poolip uses anal transaction malleability). THIS is why Bitcoin Cash was forked, and this is why Creg is so intent to make unbounded poos, restore the original curry codes, and lock down the poo-poo-protocol.
Back to hasish power - CSW has developed a breakthrough new ashit (designed by his vishnu actually), and is poo'ing BTC in secret for the sole purpose of driving up the difficulty sky-high, then yanking all the poo over to BSV leaving the segshit chain erectly frozen.

[Anonymous No.13974266]

>>13972966
except craig wright owns the copyright to "bitcoin" so BTC and BCH have to change their names, and BTC is slow as fuck, and BTC will die when wright pulls out his 1.1 million BTC and insert that money into BSV

[Anonymous No.13974309]

>>13973922
I lost money shorting too, just BTC

[BSV will win No.13974313]

>>13974065
much obliged. as i suspected it was just a joke, clearly said intentionally by Craig. dunno why it's being highlighted so much.

[Anonymous No.13975023]

Jigs up retards, laws coming to town.

[Anonymous No.13975031]

>>13974266
he owns the copyright to a MIT licensed project?

[Anonymous No.13975182]

>>13972260

BTC is the fork, get educated it's 2019 already jeeze

[Anonymous No.13975231]

>>13973852

BSV $1k EOY actually

Enjoy

[Anonymous No.13975476]

ugh couldn't stand the fomo I just bought in at 220. I hope this goes to 300-400 and I don't get fucking REKT.

[Anonymous No.13975539]

>>13975476
He bought?
Stiff it!

[Anonymous No.13975637]

>>13975476

Just hold at least a year, its not that hard

[Anonymous No.13975755]

>>13975031
a license = a privilege that can be revoked

a right = a privilege that cannot be taken away

you drink and drive and get caught --> your license is revoked

you drink and drive --> you don't get your right to due process revoked

legalese is the informational power, get to reading boy

[Anonymous No.13975840]

>>13974129
Actually Robinhood lol

[Anonymous No.13976847]

bumping this so more biz frens can see the important information

[Autistic Bitcoiner No.13977145]

Hi! Love this thread and will etched.page it later.

[Anonymous No.13977164]

>>13977145
Thanks, I appreciate it. It was an intense session with research and writing to make it.

[Anonymous No.13977193]

>>13972103
kek i just wanted to write there is no 5% attack but this is even more savage

[Anonymous No.13977200]

>>13975755
so you never read an mit license

[Autistic Bitcoiner No.13977835]

just gonna bump it

[Anonymous No.13978343]

Pumping this for virgin eyes

[Anonymous No.13978407]

Got out at top will buy back on dip.

[Anonymous No.13978441]

>>13973922
lmao are you the retard who shorted at $100 because "theres no way it will go to 150"? hahaha