Here's my tiny Bitcoin rig. I just got it setup a few nights ago. It's hashing away at 1.68 GH/s. Well, less now because I gave one to Jamie.
You're looking at 5 ASICMINER Block Erupters
Here's my tiny Bitcoin rig. I just got it setup a few nights ago. It's hashing away at 1.68 GH/s. Well, less now because I gave one to Jamie.
You're looking at 5 ASICMINER Block Erupters
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Last edited by loonywop; 06-28-2013 at 01:25 AM.
It generates Bitcoins! Each one of those will generate about 1/3 of a bitcoin per month!
My question is - is it a game?
This is what I got doing a google search????
http://www.howtogeek.com/141374/htg-...-does-it-work/Geeks have had their own ?money? for some time, but typically it is within the context of online gaming. While this digital currency does possess intrinsic value, the market for it is usually limited to other gamers. However, 2009 gave rise to another form of digital currency, bitcoin, which has demonstrated some global demand as a medium for exchange.
http://inthecapital.streetwise.co/20...u-should-care/If you’ve ever played a video game that allows you to collect coins and use them to purchase in-game items, then the concept of Bitcoins is an easy one to digest. Bitcoins are really just digital currency that can be used to purchase tangible items in the real world. You can, for example, buy a pair of socks with Bitcoins, or server space, or even buy Euros or U.S. dollars.
Bitcoin is a decentralized, digital currency.
Last edited by bermstalker; 06-10-2013 at 06:11 AM.
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Last edited by loonywop; 06-28-2013 at 01:25 AM.
right now a full bitcoin is worth $109
I tried....this is way outta my league. Thanks berm for the google search!
J: Do like your titty pics though!
Last edited by ImBatman!; 06-21-2013 at 07:17 PM. Reason: ETA
"Most people do not listen with the intent to understand; They listen with the intent to reply." ~ anonymous
"Keep calm and sing Soft Kitty"
"it is what it is!"
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Last edited by loonywop; 06-28-2013 at 01:26 AM.
i have 6 running right now. the whole thing cost about 1300. currently makes about $5.55 a day.
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Last edited by loonywop; 06-28-2013 at 01:26 AM.
At $5.55 a day, it'll take approximately 234.34 days to recoup his $1300.00 startup costs. How can you increase your revenue assuming it is from gaming?
The DEA just seized somebody's. From the article, it says it's the First person
http://letstalkbitcoin.com/post/5370...-seized-by-dea
BTC Bible is invoking the Freedom of Information Act.
http://btcbible.com/dea-foia-request
the price has large fluctuations. there's a few advantages. like nobody can seize your assets. right now banks can just seize your funds. this cannot be done with bitcoin. the cost of transactions is also very low. if i wanted to send bitcoin anywhere around the world, it cost almost nothing. transactions aren't reversible, so if you want to sell something online you don't have to worry about paypal or other things. also if you run a business that the banks don't like. right now VPN is an example, visa and mastercard are refusing service to any VPN company because of their high rate of fraud. so bitcoin is perfect to takeover for that.
also, right now you can mine your own bitcoins. so instead of purchasing them, you can buy hardware, which will mine them for you.
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