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A botnet can attack only with it's CPU, because usually infected pc doesn't have a proper gpu or, even if they do, maybe they doesn't have the right drivers or what else, while every computer has a cpu.
Now, if you attack Bitcoin, it's pretty useless, a few GPUs have enough power to stop a whole botnet.
If you attack litecoin or another cpu coin, it will be very effective since ALL miners are cpu miners.
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Litecoin is, like any other alternate cryptocurrency, just a scheme to steal the BTC from clueless newbies.
Just ignore it and eventully it will die out, like others before it died already.
Namecoin was the first fork and still hasn't died. I suggest you take your own advice and think outside the box (rather than with your wallet.dat) before dismissing all alt. currencies as scams. But namecoin is not a bitcoin clone. It can be used as a dns alternative. |
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Testing it, mining litecoin with a Q9550 at stock frequency (2.83ghz): 11.2khash/s
Something is wrong with your i7 920...
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Luckily not. I have an even older cpu, a Q9550 and even if the i7 920 and the i7 2600 are of course better, mine is still a good cpu.
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An i7 920 is a high end cpu, a very good one.
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Lite means ANYONE can mine Litecoins - you don't need powerful GPU, don't need AMD GPU
You can use any CPU you have and mine coins efficiently!
Lite means system will have less hashpower than Bitcoin (because of CPU mining) - not an issue
Lite means faster confirmations of transactions what is really important for any market or shop
Lite means nobody premined coins for himself so we have fairly distributed coins
About supercomputer hostility: just give Litecoin time to grow. Neither Bitcoin was supercomputer hostile at the beginning.
About botnet: botnet issue is solved pretty easy - identify botnet and block IPs. Forever.
Why people keep spamming idiocies about ip? Wake up, do you know dynamic ip? Now you are going to reply with ip idiocy 2: ban ip range. Yeah, let's ban a whole nation. As for "anyone mining", it's bullshit. Try mining with a Atom or with a i7 2600 quadcore... you still need high end hardware. |
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Solo mining->you only mine bitcoins
Merged mining in a pool->you mine both bitcoins and namecoins at the same time. Double the gain.
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That paypal tiranny sucks...
Grammar tyranny is funny though. English is not my mother tongue so it's not a serious problem if i make some mistakes |
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Good luck memorydealers, remember that paypal can still happily close your account if they wish...
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No reason to use it.
A lot to NOT use it
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i'm inclinced to offer my webcam girl they could setup a projector.
in all seriousness though if they convert them all to bitcoin it'll get messy buying food and such since you can't do that same day.
There are a few restaurants already that accept BTC in NYC, and as soon as they start getting all the OWS business, their competitors will figure out how to accept them. ^This Thousands of people looking to buy food with btc? Restaurants and shops will hurry to accept btc! |
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I don't think this will gain the same popularity that BTC is getting especially if they are identical, what use is there for something exactly the same?
To make him rich and famous of course Maybe i should launch gabicoin |
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My proposal is that the system simply place a rate limit on how quickly old unmoved coins can be spent. NO This is so idiot and ridicolous in so many ways that probably i don't have enough space to write ALL the reasons  In a way I'm glad there is some revulsion to the rate limiting idea too - It gives me hope that the invalidation idea would never get a majority vote amongst developers/miners/users. I suspect that my proposal would fail primarily in that it's probably not that common that a stash 'large enough to affect the economy' would be lost (and found) in a single identifiable chunk anyway. Don't worry, i am TOTALLY against the "invalidating" and "recycling" idiocy. The fact that sometime some trolls post the "let's invalidate old coins" spam doesn't mean it will be never applied |
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Time to bring back the best graph around  |
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My proposal is that the system simply place a rate limit on how quickly old unmoved coins can be spent. NO This is so idiot and ridicolous in so many ways that probably i don't have enough space to write ALL the reasons |
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I don't think it is right to use others' CPU cycles without their permission. It will give Bitcoin a bad name.
That's why eula exist |
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This look so ridicolous... rarely i read so many idiocies all together... plus it's in the WRONG forum |
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The question remains? Damnit guys, don't you learn physics at school??? Like, that energy DO NOT disappear? If something use 1kw guess what, it will spit out 1kw of heat, be it a computer or a heater.
Well that statement is equally wrong. An electric car (or any other non-resistance load that does actual work) that pulls 1kW won't generate 1kW of heat. In the end, yes it will. Go study physic |
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That paypal tiranny sucks...
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And i suppose that there is god somewhere and the fact that if you do not obey you go to hell
And thus, not modifiable law that can't adapt to the evolution of societies
Of course that apply for every religion! Christians managed to have crusades and killing thousands of people and burning witches everywhere...
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