welcome to the forum
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welcome to the forum
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welcome to the forum
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Welcome to the forum Good luck getting an ASIC! I would spend some time reading about BFL on bitcointalk before placing an order, you'll be in for a looooong wait. Might be better waiting for the next available batch from Avalon.
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The figure sounds about right for BTC mining, maybe switch to LTC with the hardware you have. LTC may still be profitable with the current difficulty.
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Talking about "free" bitcoins. What happens with bitcoins that have been earned but the wallet is deleted afterwards? The bitcoins stay in the blockchain but nobody can access them anymore because the keys are gone?
I wonder how much capital is floating in the chain without real owners?
Perhaps there could be some way for clients to periodically verify ownership of the transactions associated with their key, if there's no verification for a significant period (several years?) the funds get released back into the potential mining pool. I don't know how difficult this would be to code. It's going to become a real issue at some point in the future, where minting new coins is near impractical. The rate of permanent loss will exceed generation. This is something I have wondered too. What happens to all those BTC that people have in wallets with lost passwords or deleted wallet.dat files, etc? The trouble with releasing BTC that have no verification for a "significant period" is that those BTC may not be unclaimed but just in cold storage or some other long term storage and not really be lost. Interesting point though.
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welcome to the forum
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welcome to the forum
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welcome to the forum
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welcome to the forum
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welcome to the forum
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welcome to the forum
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welcome to the forum
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Welcome to the forum. Buying totally depends on location but there are lots of exchanges and also p2p opportunities. If you want to get started without investing anything then maybe just go on a few faucets to get a few free satoshi. I recommend BitVisitor, BitCrate and DailyBitcoins.
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Thanks for the advice
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welcome to the forum
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welcome to the forum
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Thanks for explaining how this could work as a scam. I won't be taking part. I'm unsure of intentions, but it seems unlikely that someone would just giveaway BTC, a few satoshi maybe but a whole BTC, I don't think so.
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Cool so if it is per kilobyte it will say more than 0.0005. Thanks for the info. Still learning, but getting there slowly.
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Received just over 8000 satoshi, many thanks
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