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1  Bitcoin / Mining speculation / Re: Block halving on: March 20, 2015, 06:28:28 AM
I think the next "Block Reward Halving", estimated for mid 2016, will have a significant impact on mining. If all mining operations just ignore it, their income will just get cut in half one day in Mid-2016. Since the larger operations usually have to liquidate some portion of their mined Bitcoins to pay for rent, electricity, salaries and the like, what's leftover will be reduced significantly. I would also venture to say that absent a corresponding increase in the price of Bitcoin, the value of the mining hardware will also drop in a big way, since each bit hardware doesn't produce as much per unit of time. Since I have zero idea what drives the price of Bitcoin, beyond the usual supply/demand theories, there isn't anything to pressure the price upwards. That ill crush many mining operations. I've said before, I can't think of any other industrial operation where this happens "overnight" like it will with Bitcoin.
no one would know what is going to happen. if the price is high enough and ASICs become efficient enough, most mining operators would ignore it as long as it still brings in profit after deducting expenses.
2  Economy / Currency exchange / Re: Want to buy Bitcoin with Ukash on: November 21, 2014, 08:26:49 AM
Look around the currency exchange section or use virwox even though their price is bit steep.
3  Other / Beginners & Help / Re: Can a factory reset computer be used for cold storage? on: November 10, 2014, 01:46:45 PM
disconnect from the internet, make a paper wallet and reinstall a new copy of windows.
4  Other / Off-topic / Re: What Browser You Use on: October 28, 2014, 01:15:43 PM
Firefox, I like the UI of it.
5  Other / Beginners & Help / Re: dedicated server on: October 28, 2014, 09:00:21 AM
GPU mining is only profitable before mid 2013. application specific integrated chips are pretty much twenty to even hundred folds more efficient than gpu. dedicated server with gpus is also quite pricey.
6  Other / Off-topic / Re: Post your Total time logged into Bitcointalk on: September 14, 2014, 09:59:06 AM
3 Minutes
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