the problem is how to confirm the number of bitcoin lost?
You can't That's why the idea is retarded
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Nice then go and make Altcoin-2 Then please move the thread to the Alternative Currencies forum since it's no more Bitcoin
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Even if it's a bad idea, I don't see why we don't explain why that is so, instead of yelling Already done thousands of time. Please use the Search function the next time.
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I've read the FAQ, it's so much fail, so much fail.
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I'm still waiting for that collision
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Why would you mine? For profit. When there is profit? If the expenses for mining are less than the profit of the mined block reward And what determine the expenses? Easy, how many miners there are. Until there is profit miners number increase (->Difficulty) and then of course it stop (unless someone want to mine at a loss ) So of course eventually mining is not a "get rich quick scheme" but if you manage to outsmart other miners (getting cheaper electricity, better hardware like fpga or asic), there is still profit
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Then don't buy.
Mining income is based on bitcoin price and on how many bitcoins are created in each block. That's all.
If people can gain from mining they will jump on it and difficulty will rise until no more people jump on it
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Thanks for responding so quickly, but when is this company supposed to start producing this hardware? No one know
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There is problem described there what if coins will get out of circuit (lost or saved for long by people), and bitcoin will adopt global for everyone like dollars today? There is NO problem.
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I didn't know about Paysius but i like their homepage, simple and clear
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If we think about a very long term for Bitcoin. Over time, if we accumulate all the bitcoin lost by people who lost their wallet. There will be no more bitcoin in circulation. I think it would be a good idea to force people to spend their bitcoin in, let's say 25-30 years. If not spent, the bitcoins will be spread in the community. This would also prevent super maniac savers who would die with their super saving of bitcoin.
NO Go elsewhere to try to steal our money. In case it is not clear: NO And NO, it is NOT a good idea, it is a retarded idea.
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whats up with the value? It's fine should it go up more? Maybe yes I think it is worth it, it used to be $30.00 a coin No it never "used to be $30". Except "2 days" is "used to be"
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Then why opening this thread?
IP means nothing, random IP, you restart the router, and ta-dah new IP
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Well the BOINC website only list main projects. Donate@Home is an experiment of GPUGRID Lol, in the donation page they look for 7970 People who don't know Bitcoin will think "why they are looking for ATI gpus if the project (gpugrid, not donate@home) is nvidia-only?"
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+1
All the people raging and crying about ASICs looks like dinosaurs facing extinction without being able to adapt.
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So there is a Dragonfly show soon. Sorry but it's too late for me
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This thread=bullshit and wasted bytes
The dinosaurs fearing the ASICs, so much fail.
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Boing-Boing is a site that hosts lots of "grid-computing" or "cloud-computing" projects. Basically anything that can be divvied into small work chunks and passed out to a bazzilion personal computers to have the work done in parallel. typically everyone's computer is an unpaid volunteer. Eh? Are you sure you are speaking about BOINC and about https://boinc.berkeley.edu/ wich is totally unrelated to this "boing boing" thing? Darn it all, you are correct. I saw "Boing" and read "Boinc". <expression type="facial" category="grin" style="sheepish" /> -Jesse EDIT: As far as I can tell, there are no Boink projects dedicated to the mining of bitcoins. Though some teams do declare that they accept donations in BTC. There is one It's a sub-project of GPUGRID http://www.gpugrid.net/and is called Donate@Home http://www.donateathome.org/ Basically you mine for them (and it's Boinc, not Boink ) Edit: i wonder if they know about the Butterfly Labs ASIC How to make their project useless
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