lol that actually matches a lot of people I've argued with on this board and the internet in general as well as a girl I liked in school >_<
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lol it's interesting seeing all these new currencies pop up, maybe there will be a micro-nation somewhere that will make one since they won't need a printing press?
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Bitcoin mining by itself should be seen as a way of transferring your wealth if you don't have any option to get it with conventional currencies, not as a method of getting rich off mining equipment, with the cost for everything ( including electricity ) you won't be making a profit any time soon, do the math and be careful also 6.8 Mhash/sec is terrible, I only get around 400 Mhash/sec and mining still goes incredibly slowly.
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Thanks to that tip from conspirosphere.tk I am now running at a steady ( ouch ) 79°C - 80°C, the sound is more pleasant but the performance is sacrificed I'd also need a smaller fan than what I have currently because I got reminded of when my dad told me that switching it on at night made it sound like a Russian bomber lol.
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Does the list of assassinated Iranian scientists count as an attack? What about the magical exploding nuclear facilities? Exploding generals? When does this officially become an attack?
Don't you understand government loyalist logic? It's magic, magic killed them and made them explode too! What an interesting phenomenon.
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and they're 11 - 18, trust me, even I seem like an adult to them now I'm 22!
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rofl yes, but you have to worry about the heat still you muppet not all of us are perfectly comfortable with letting our expensive GPU's fry slowly into a cumpled mess of plastic.
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If you think the problem of violence in school children is purely in America then you guys going to be in for a shock in the next couple of years in the UK the schools are practically made up of gangs and after I left one of my schools they actually had to bring in riot police to stop the kids from killing beating on each other and arrest them because the teachers couldn't do anything. Edited to protect the delicate sensibilities of the ignorant adults here And lolwut at the picture seriously, took me awhile to figure it out the description helped LOL
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Brick and Mortar businesses are a lot more expensive to run, it sounds a bit evil but you'd be better off waiting until there's a significant rise in inflation/taxes ( and there will be ) and offer them an alternative, because they'll be so sick of dealing with the conventional currencies that they won't see any point in dealing with governments any longer, some people just have a much longer foresight than others so unless they've been studying history properly I wouldn't bother trying to convince them.
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I'll need to check that lolz that's why I'm going to get something to measure the volts I don't know how much I'm costing in electricity, I'm in the parents house for now, I actually have a plan of maybe getting a fan and using it on an open tower with a home built electricity generator, we'll see if anything can come of that, but that would cut the costs dramatically I expect if I can get the temperature down much further because you could practically turn the GPU fans off.
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Then I notice this little boy taunting a girl by pointing in her face. Next thing I know, this little girl drops back and throws a punch like grown man and flattens this little boy... right in front of me lol. rofl frankly I think that girl is a badass
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So as you know I've been pretty interested in Bitcoin as a currency but honestly I think mining is a complete waste of time, I've looked at a lot of the stuff people are doing with FPGA's etc. doing ridiculous things like dumping it in liquid oil ( Your house is going to burn down at some point, you'll burn yourself or you'll waste even more money than just with normal cooling methods because of the price of oil ) or pointing a ton of electricity hungry fans at whatever is generating your Bitcoins and completely eliminating any profit you could make.
I have seen three major problems with mining that have completely annoyed me when trying it:
. Cost of electricity - This is an obvious one but for some reason it's something that people tend to miss, if you're having to generate a huge amount of expensive electricity or the miners you are using are wasting a lot of it then you simply aren't going to make any money this way that said, it's a currency, so it's really not something you should be trying to build a life around anyway
. Cooling - For those who don't deal with components very often like me, cooling is very important for all these special components that do every day things for you, GPU Mining is very resource intensive, more so I've noticed than 3D rendering or gaming so if you don't watch it and make sure you have a good number of fans etc. your graphics card will get damaged and in the worse case quite literally fry!
. Sound from those fucking annoying fans - Lets face it, fans don't and I suspect never will make the most pleasant noises in the world unless someone finds a way to convert it to pleasant music for us to listen to, lets see if I can make them quieter, keeping the heat down seems to directly effect it because they don't have to work as hard and make my ears bleed
So far and this may be obvious to those of you who deal with components a lot anyway, I've found that if you're in a cold climate, especially one that's cold all year round, you are one lucky son of a bitch because from what I've seen all you'd do is have to stick your miners in a garage or something and then just wait but of course the downside to this is you have to keep the computers protected from the elements and having a nice air flow at the same time, I found that if I put the cover on my tower the temperature jumped a good 10°C. This isn't really much of a solution for a casual miner though because if you're like me you actually use your computer for things other than mining you're going to freeze so I'll see if I can't find a better solution. Feel free to post your own ideas, I'm going to try and come up with some of my own and see if we can't make mining a much more pleasant and less costly experience.
I'm currently at 77°C - 80°C I'll see if I can't get that number lower through artificial means rather than making myself freeze, keeping the heating off at winter does make quite a difference though, I'll try and find a program that will tell me what voltage my computer is currently going at.
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it would be easy to make bitcoin illegal.... but MUCH harder to cripple or eradicate it completely... so doubt they'll even bother making laws on it
it would be easy to make cannabis illegal.... but MUCH harder to cripple or eradicate it completely... so doubt they'll even bother making laws on it i hope this illustrates how hopelessly misguided that statement sounded to me. Because the drugs war is going SO well
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From 0.072 to 0.067? Sure this is the end Litecoin already survived a crash from 0.07 to 0.01. I am sick of these bullshit threads every time the ltc prices drops a bit. If you think that's bad, there are people out there who actually think Gold is a bubble LOL
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I'm just an observer and laughing at you crazy people It is alright to laugh. I see that. But gpu was not very risky at all. And if you did not preorder asics you stayed out of that mess. Just wait and see what happens before jumping in. As far as I'm concerned mining to me is a way to preserve wealth, like mining for gold or silver, anyone who actually does it for profit is a bit of a moron really who hasn't done the math >_<
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lolz I can't stress enough that Bitcoin mining now should be seen as a way of transferring your wealth and getting Bitcoins for the hell of it rather than actually trying to make money.
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I don't even know why I'm bothering to practice so long to make real products for these people when I could just scam them out of their money so easily instead.
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As I said before, you can have extremely plentiful and cheap energy but from what I know so far, never free, unless someone stumbles on something like magic.
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I think the $1 Trillion coin is more of a bargaining chip at this point. Or, perhaps more accurately, a threat. "Work with me or I swear to God I'll mint this coin!"
I think it's more desperation, they're basically running out of ideas, I'm looking forward to this year for sure, there will be only one thing they can do soon enough.
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The sad thing is I've seen articles where murderers and rapists get threatened with less jail time than that.
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