Bitcoin mtgox bot
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I recently got into crypto currency after FinalHash contacted me and offered to teach me anything I wanted to know and provide me with some ASIC miners to get comfortable with. Steps to get started… 1 Create account on Coinbase http: Want to purchase an ASIC miner? Purchase Spondoolie SP20 http: Other great links to help you in your BitCoin quest! Get current node list http: Check out ZiftrCoin http: Come talk to me… Tweet me http: But in theory someone could create a Cyrpto Currency based on the Folding algo, that would be awesome!
The whole thing seems kind of fishy really. It also, being such a closed system, seems like it would be more susceptible to issues like taxation audits. I am currently writing an essay on Bitcoin for one of my courses at the university. Why do these services use their hardware not directly themselves to mine Bitcoin or alternate currencies?
This would have to be more profitable! Or does someone know what I am missing? One question, the 25 bitcoins that gets given when someone figures out the number, where does that come from? You will never able to do a Scrypt mining for BTC, like …. Why is your electricity so cheap? In the winter I put it behind my desk and it kept my feat warm.. BitCoin is for the most part a waste of money. You spend so much money on ASIC miners and power and then have to wait months before seeing any return, and by that time you may need to upgrade in order to keep up as the hardware becomes more powerful.
WOW, super cheap over there! There was an article online I read today referring bit coin saying the gold rush days are over due to only the big players only will back able to profit. It was on yahoo news if I can remember which is not saying much but made argument mining for these things are pretty much a waste of time. Barnacules Nerdgasm December 26, Matthew Mcewan December 26, Kai December 26, Bitcoin mining is unprofitable at this time, thanks for the video though. Infidel Gastro December 26, 1: Malta Games December 26, 2: Marcel Kessler December 26, 3: Good and informative video that covers the fundamental basics of Bitcoin.
Sardi Pax December 26, 3: Excellent video Jerry, I really think that was one of your best educational videos ever. Peanutsreveng3 December 26, 3: GJ on the video. Matthew wise December 26, 4: Michiganvideomaker December 26, 7: Brendan Taylor December 26, 7: I used to have 3 block eruptor cubes stacked, they where a cool design.. Mrvideosandgames December 26, 8: I thought Bitcoin mining was dead though.
BlueFoxTV December 26, 9: Shea McNally December 26, 9: Nocturnal Link December 26, Thanks for the very informative introductory video on this stuff. BigpoppaKC December 26, Great video, very informative. Leave a Reply Cancel reply Your email address will not be published.