Bitcoin Forum

Bitcoin => Press => Topic started by: gweedo on April 08, 2013, 08:38:20 PM



Title: 2013-04-08 How to Mine Bitcoins
Post by: gweedo on April 08, 2013, 08:38:20 PM
http://techcrunch.com/2013/04/08/how-to-mine-bitcoins

Quote
Mining bitcoins – a process that helps manage bitcoin transactions as well as create new “wealth” – are the new Beanie Babies. Luckily for us, however, bitcoins seem to be going up in value and should maintain their value over time, unlike your mint condition Tiny the stuffed Chihuahua.

But how do you get bitcoins? You can begin by buying them outright, but the market is currently wild. At $188 per coin, the direction of the bitcoin is anyone’s guess right now and, unlike equities, these things don’t split. In short, you should probably mine. But what is bitcoin mining?


Title: Re: 2013-04-08 How to Mine Bitcoins
Post by: kiba on April 08, 2013, 09:42:55 PM
They don't split?


Title: Re: 2013-04-08 How to Mine Bitcoins
Post by: knybe on April 08, 2013, 09:54:14 PM
dead link... probably removed from TechCrunch out of embarrassment.


Title: Re: 2013-04-08 How to Mine Bitcoins
Post by: gweedo on April 08, 2013, 10:10:04 PM
For the people that want to read it...
http://i.imgur.com/qPqqJFW.jpg
http://i.imgur.com/wDFV1HT.jpg


Title: Re: 2013-04-08 How to Mine Bitcoins
Post by: aigeezer on April 08, 2013, 10:22:13 PM
The expert speaks: "I've run my systems for a weekend", from his article titled "How to mine bitcoins".


Title: Re: 2013-04-08 How to Mine Bitcoins
Post by: TiagoTiago on April 08, 2013, 11:22:10 PM
The article seems to be back online...


Title: Re: 2013-04-08 How to Mine Bitcoins
Post by: Mike Christ on April 08, 2013, 11:31:19 PM
I don't remember using Beanie Babies as money.

Does anyone else have any records of Beanie Babies being used as money?  Google doesn't seem to know what the fuck he's talking about, so I assume only he does.