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I think the concept here is:
1. buy GHS
2. mine using GHS
3. sell GHS for slightly less than what you bought it for - as long as what you mined in the mean time covers the difference - profit.
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it's not bad
a lot of random topics pop up from folks who can't post elsewhere... for me it's a good starting point
It's actually a bit hard for me to follow all the other sub-forums (probably why I'm still a n00b)
anyway, welcome!
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this is good information about how sites pay you - thanks guys.
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another way to think of this is that you're getting the benefits of mining without any capital investment
when you think of it that way, you may find the math to be a bit more favorable.
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many responses in this thread could use a TL;DR
My 2 cents to help guide the discussion
It's one thing to question the logistics behind the bitcoin system (blockchain etc.)
It's another to question the adoption of the system - which our thread weaves in and out of... to discuss the "bank" of BTC as said earlier, really defeats the point of BTC. At that point, we would be debating what do you call "cash". Is money in your checking account "cash"? Just a thought here.
Also, OP- there's no need to take extremes to make a point. I would love to see BTC gain widespread adoption, but that doesn't mean I'm suddenly going to stop having a fiat bank account... If you think of BTC as just another currency that has purchasing power - its existence does not force other currencies to suddenly not exist.
anyway - welcome to the forum, it's a cool topic to debate.
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welcome - I too look forward to the future.
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i think it will go higher!
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at least this shows BTC can retain its value through big news like this...
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thanks for the advice - i'm sure you're just watching out for us...
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seems legit  |
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good to hear your mining is going well...
I might have to give it a try myself.
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Those TAVs are great! I'm really thinking of getting a 3D printer for my RC car/copter spare parts. How much did it cost?
Thanks! I got it from printrbot on sale - it was ~$640 shipped |
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noted - will post a video as soon as I get it running... could be awhile in other news, I just visited the folks at TAV - read about their redhash miner here: https://bitcointalk.org/index.php?topic=303376.0 more pictures/video to come later... bit tired now, and need sleep |
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New member here - hope to get into BTC
I am also working on a 3D printer - hopefully I can make some parts for the folks here!
W.Du
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there's a price for everything...  |
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