but there is a slight chance no? No one want to change that right now, so code should not change. Its unknown how the Asic's will effect the system right? They will just increase difficulty. Nothing else.
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Yes. But you can just use a calculator for that http://www.alloscomp.com/bitcoin/calculatorconsider that 1 block=50BTC So if, for example, it says 1 btc per day, you know that, on average you need 50 days for a block. On average. This means that you can find a block today, tomorrow, after 40 days, after 100 or whatelse, BUT in the long run on average it will be 1 block every 50day. So if you mine for 500days on average you will find 10 blocks. Just remake the compute when difficulty change
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Only if they change the code then alot of people are buggered But the code won't change 0/10 trolling
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And if bitcoin crash "oh back then i could buy a pizza for 0.5 btc. Now i must spend 10.000btc
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Dunno, maybe yes. But for me it's more suspect with these fake things than without them
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Yes in the end it's the same but if you have low hashing power, then it can take months or more until you find a block Yes, if your computing power is so low then with a pool you would make only a handful of btc in these months but well, better than nothing.
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Uh no retard, I am an investor in real life, so I know what I'm talking about.
If you had stocks of Microsoft when it started selling its stocks on the first day(let's say a million shares), does it make sense for you to sell it for a pizza? or the equivalent of a pizza? Of course back then it was just penny stocks, but now it would be worth billions.
Bitcoins is just like stocks, you're suppose to take risks and make the right calls then and again.
Would you buy a pizza for 0.5 bitcoin today?
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I don't know where to open this so i put this here In the BFL website driver page we can find Drivers: Computational research Medical imaging Packet integrity verification Generic fingerprinting engine and in the homepage Butterfly Labs manufactures a line of high speed encryption processors for use in research, telecommunication and security applications. Yeah well, nice but...erh... problem: BFL so far only make bitcoin mining hardware. As far as i know nothing else. Medical imaging? Computational research? Lol? Why putting links that just bring you back to the driver page for these things?
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I must say that the MMOexchange forum looks better than ogrr. I mean, just the look.
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On a side note, with higher coverage, sponsors too get higher coverage ->they would pay more for that. So, go ask them the money for the cam.
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Eventually everyone will buy ASIC. So what matter is how much do you invest. You can't compare a few thousand rig with a 30.000$ one!
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If you are solo mining, I would use a no fee pool to keep the fees.
Many use slush's pool, it's fairly popular. Slush is nice but it has a 2% fee.
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I'm sure uploading a video on youtube cost at least 100$
Probably far more than that, if you include obvious costs external to the youtube upload, like the videographer's time. I'm sure placing your smartphone somewhere and letting it record the talk while you listen to it is very expensive. Or a digital camera, i'm sure someone already have it.
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I is a noob but forgive me I don't have time to read through this long thread, I have a simple question. I want to mine just for fun and to get that warm feeling inside that I'm contributing. My computer is over 10 years old, Pentium IV 2.4 Ghz. I have an old ATI Radeon X800Pro graphics card too. Would I be giving any benefit at all to the p2pool if I was to mine? Would my efforts even be registered? Can't bear to ask how much btc I would make.
It would be just wasted time and energy. No matter the pool. Can't bear to ask how much btc I would make. Probably 0 or something like that. As i said, no matter the pool. Your "graphic card" support nothing. It can't mine. Your CPU is stone-age and anyway, CPU mining today is useless, no matter the CPU. And soon GPU mining will be useless with the ASIC, so don't worry
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Native p2pool support? Awesome!
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I'm sure uploading a video on youtube cost at least 100$
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