Bitcoin Forum

Bitcoin => Press => Topic started by: freedomno1 on August 17, 2013, 03:52:49 AM



Title: 2013 08 16 RT - Bitcoin vs Gold: Getting the Most Bang For Your Buck
Post by: freedomno1 on August 17, 2013, 03:52:49 AM
Youtube video
Set to where it talks about bitcoin the early days of the internet, ASICminer etc 8)
http://www.youtube.com/watch?v=LC3ZHRF_8kQ


Title: Re: 2013 08 16 RT - Bitcoin vs Gold: Getting the Most Bang For Your Buck
Post by: rtt on August 17, 2013, 06:16:03 AM
Cool!  8)
They talk about Bitcoin mining at around 10 minutes into it.
Mention ASICminer @ 12 minutes.

Then they go for some old-time mining/panning for gold @ 16 or so! :) Expecting to find a block a gram of gold in 3 hours to a week.

Gold mining is also not very profitable right now it, mines are shut off, heh.
But the price is on the rise, heading into the 1500s: http://betsofbitco.in/item?id=1692

Bitcoin mining attempt is @ around 19 minutes into the video.


Title: Re: 2013 08 16 RT - Bitcoin vs Gold: Getting the Most Bang For Your Buck
Post by: DrHaribo on August 17, 2013, 04:19:27 PM
And BitMinter appears as they try out mining.

http://www.youtube.com/watch?v=LC3ZHRF_8kQ&t=19m13s

Unfortunately not with very good hardware. But I guess that's the point they are making anyway, you need ASIC.