Darin Kight - Southpaw Financial

If you are curious about investing in digital assets like Bitcoin or Ethereum, I highly recommend finding an Advisor who is Certified in Blockchain and Digital Assets (CBDA).

CBDA Directory - DACFP Directory of Holders of the CBDA Professional Designation We invite CBDA holders in good standing to be included in this directory, and many agree to do so. Note: Only those registered with a work email will be displayed.

My weird financial take of the day.

A thought on Powerball vs Bitcoin mining

If you buy Powerball tickets regularly, here’s a nerdy comparison.

A Powerball jackpot ticket has odds of about 1 in 292 million. If you bought 52 tickets over a year, your jackpot odds would be roughly 1 in 5.6 million, assuming each ticket has a separate combination. Powerball lists the jackpot odds at 1 in 292,201,338.

Now compare that to a tiny Bitcoin miner like a Bitaxe Duo, which runs around 1.63 TH/s. Bitcoin’s total network hash rate is currently around 1 zettahash per second, depending on the day.

At that scale, a small miner has roughly a 1 in 11,600 annual chance of finding a Bitcoin block.

That means the tiny Bitcoin miner may have around 480 times better odds of hitting a Bitcoin block in a year than 52 Powerball tickets have of hitting the Powerball jackpot.

To be clear, both are long shots. This is still lottery math.

But here’s the difference I like:

With Powerball, the ticket is dead after the drawing.

With a small Bitcoin miner, you own a little piece of infrastructure. It keeps hashing every second. You learn something. You participate directly in the Bitcoin network. And if electricity is cheap or free, it becomes a fun, low stakes way to replace lottery spending with something more interesting.

So my take is simple:

If you already spend money on Powerball tickets, consider buying a small Bitcoin miner instead.

The odds are still wild.

But at least the machine keeps working after Saturday night.

Everyone has their own financial situation, but a clear order of operations can make money decisions easier.

Your exact order may vary based on income, taxes, debt, benefits, family needs, and timeline, but this flowchart is a simple starting point for finding more efficient ways to use each dollar.

Our motto at Southpaw Financial is "Investing with a Plan". I'd absolutely love the chance to talk about building a plan for your future.

https://www.letsmakeaplan.org/find-a-cfp-professional/certified-professional-profile/72c52260-f8b0-4508-94b1-6dc0902e153c

How your money is invested matters more over time.

Anytime someone tries to build urgency or secrecy, your ears should prick up, no matter who you're "speaking" to.

This article does a good job explaining the value a financial advisor can bring beyond investments alone.

The right advisor helps organize the moving parts of your financial life, keeps decisions aligned with your goals, and provides perspective when markets or life events create uncertainty.

Good advice has a cost. Good guidance should also create value through better decisions, better habits, and greater confidence over time.

How Much Does a Financial Advisor Cost — And Why It’s Worth It to Invest In Your Future Think financial advisors cost too much? Here’s what you need to know.