A bunch of trolls are monopolyzing the forum...
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Reason is useless against trolls.
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Summer (GPUs off due to overheating) + Irene (some days at 10Thash/s or less) + low price...
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They don't want bitcoin, they want to protest against the new laws and they are doing that by establishing a "principate" with his own money and what else. But it's a protest, it's not that they really want to stop using euro
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I'm not sarcastic, i'm really happily surprised by that.
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But we already know there will never be more than 21 millions of BTC
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Wow, bitcoin in technical details!
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It seems people know only seti and folding.
There are dozens of other projects, much more interesting
WorldCommunityGrid for example. It's a recent news that they found 7 interesting molecules to fight children neuroblastoma
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Every miner work with underclocked memory... or better, everything work with underclocked memory...
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Easy, risk. Bitcoin price can drop alot unexpectedly while gold not
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It's like the world record on sport and saying "sport record must be measured in goal made" (refering to soccer i mean). And then we have runners arguing that the first place is like 3 goal in a soccer match and so on.
Seriously, "It must be measured in petaFLOPS and floating point operations per second." is idiocy.
We make exactly 0 petaFLOPS
Ok, we have to work around it but how? You can't convert integer in flops operations...
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What if the doctor doesn't heal you cause he says "it's god will"
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Then you end blocking a lot of people. Others can end up having my ip one day and i can end up having their one day...
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Generating blocks is called "mining"
And yes, the bitcoin client doesn't mine. Why? Cause it would CPU mine and well CPU mining is sloooooow, compared to GPU mining.
Mining create new blocks and when a block is created, who find it receive 50 bitcoins
If you want to mine you have to download a GPU miner like Guiminer and have a supported graphic card. Forget CPU mining, you can do it but is slow, my Q9550 make like 20mhash/s, while my 6950 do like 320mhash/s. And if you want to mine, well, do it in a mining pool, with the current difficulty if you have few graphic cards it take months or even a year to find a block, by mining in a pool when a block is found the reward is divided by all the partecipants (of course by how many shares everyone submitted)
To solo mine and have a decent chance at finding blocks in a decent time you need a lot of hashing power...
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You are assuming new laws. Sure, if bitcoin start being used to evade taxes, governments can make new laws to stop that. But with current laws, bitcoin is not a taxable thing.
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Phone software is not the same thing as a phone model. As a phone model the iphone has done well.
But the Samsung Galaxy II S is better. For example, it has a OLED display. And has better CPU and RAM
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Yes you are right. But i was speaking in general, in case someone decide to put the wallet.dat in dropbox
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