You'd lose the history of the blockchain that way, but maybe you could make a block explorer hack that linked the two chains.

That's just looking at today's cost.  It'll of course vary over the coming months, according to $/GH/s and W/GH/s of new hardware.

The reward doesn't stop until about 2140.  In 2020 it'll be 6.25 BTC / block.

If you were to do that bitcoin would just be monopoly money.

The depreciation cost is also significant, it's not just electricity.  I did a quick calculation based on the numbers in the genesis block.  If 50% of the hash rate are 50GH/s singles and 50% are 400 GH/s Jupiters then it's about $145 / coin if you give the hardware a two year depreciation, and $250 for one year.

Though I'm not sure that makes it a ponzi scheme.  I don't understand why you're comparing the currency's value to its electricity cost.  No other currency is based on its electricity cost, so why should bitcoin?

You're really better off just buying BTC.  If you're hell bent on mining then maybe a KNC or you could buy a scrypt rig, I think there are people that sell them on here.  Unless you have some computer savvy then head to the altcoin section and there's plenty of guides.

The only way to remain anonymous is to use localbitcoins or the ATM.  Or find someone on here who will probably try to scam you.

I think you're off by about 100 years.

At the bottom right it should show the block it's on.  It takes a while, depending on your CPU, it has to go through every block and validate it.

Read the sticky

The most expensive part is that you could have just bought bitcoins instead.

Raspberry pi only uses 2 watts.  Can't really beat that.  Plus the hassle of compiling for whatever processor your phone uses if it's not supported.

That's to help you out in case you incorrectly wrote down a couple letters.

There's no room in this thread for reasonable advice!

Just look at the triangles and PPMY-12 analysis, both say buy in at 777.  I would shoot for 791 just to give you slack in the trapezoidal parameters.

Definitely not on the 18th -- it's pretty clear the 22nd will be the best time to buy.

Don't encrypt it unless you don't have a safe place to put it and you promise to remember your password forever.

It's possible that he's mining the BTC to pay the refunds and plans on giving us all of his profits.

There's no need to use your address in a wallet -- it'll always be in the blockchain whether you ever use it or not.

The only downside is it's more difficult to spend from a paper wallet than from a wallet like bitcoin-qt

Look at the image he posted.