How do you get $300 million?  Even at $100 per GH/s, you could buy the whole network for $50 Million.  This is a drop in the bucket for any government.  If they pull it off, no more transactions are processed, everyone stops mining and the incentive to mine drops to zero.  

The only meaningful value is how much the government needs to spend to destroy the network.  Right now, that's no more than $50 million and that's being very generous.

What am I missing?

Probably not, there would have to be a lot of trust for a person to send you their hardware.  What is the electricity rate per KWh?  How many amps of power do you have available?

You don't have to boot to that drive.  Just go to the "bitcoin data directory" which is not the same as the place it was installed.  It should on that partition at:

\Documents and Settings\YourUserName\Application data\Bitcoin (XP)

or

\Users\YourUserName\Appdata\Roaming\Bitcoin (Vista and 7)

Application Data and Appdata are hidden folders so you may not be able to see them if you try to navigate to them.

Once you get there, just grab your old wallet.dat file and put it in your new data directory which will be in the same location on the partition you are currently booted to.  If you have used the current wallet for anything, you will want to back it up/save it somewhere before copying the old one over or it will be overwritten.  And of course, you will need to make sure bitcoin is shut down before doing this.

It is as secure as you make it or as insecure as you make it.  If you follow best practices like encrypting your wallet, making backups, only using private keys once, etc. there is nothing more secure out there.

No, if a weakness with the system/algorithm/security appears, the community will simply update the software to fix the issues. Vulnerabilities will likely be seen years in advance as the state of technology develops.

The problem is that right now, if you don't read all of this stuff and do end up buying some Bitcoin, you will probably lose them to a hacker or computer issue.  If you want to take the chance, https://localbitcoins.com/ is probably the quickest way to get your hands on some, depending on where you live.  Otherwise, you have to send money to one of the exchanges and then buy the Bitcoin on the exchange.  Mining is not really an option anymore unless you invest a ton of money in mining equipment.  I wouldn't trust individual people selling Bitcoin online.

Recurring payments in general are convenient for the buyer but "pulling" the money is mostly convenient for the seller. Recurring payments for services no longer used accounts for a large portion of any subscription based services revenue.  People forget to turn off the billing when they stop using a service.

Buyers can set up recurring payments through Bill Pay at their bank just as easily to "push" money to services they use.  Perhaps there is, or should be, a similar Bitcoin service to send payments to an address periodically.

As far as how long they should keep your data, that should be laid out in the terms of service.  If you don't pay and lose your data, that's on you.  This could happen anyway if your credit card is declined for some reason.

Subscriptions should not be a requirement for using a service, they are supposed to be convenient for the BUYER.  If I don't pay my electric bill, they turn it off, Dropbox could do the same until I pay up.

There is another way.  Take a look at http://www.fairtax.org/

222,716,830 on October 13th.

I am showing the 7 day average right now is 433 TH/s.

Has anyone found a Bitcoin friendly hosting company for these in the US at a reasonable price. I would like to see something around $150 per month for a Jupiter.

The total network hash rate has nothing to do with how many blocks you will find or how likely you are to find one.  It's just you against the difficulty.  Each hash has the same chance of finding a block as any other hash.  To calculate how long it will take you to find a block, and therefore how much you will earn, use the formula [time = difficulty * 2^32 / hashrate].  The time is in seconds and we are talking about Hashes/s not GH/s.

This only works directly if you are solo mining.  Most people mine in pools, in which case, the pool has you submit hashes at a much easier difficulty just for the purposes of determining what rate you're hashing at.  Once they know what your hash rate is, they can use this formula to determine how much you should earn per second/minute/hour for your efforts based on the probability of finding a block at your hash rate.  Of course, pools have other calculations to prevent pool hopping but this is basically how you can guess at what you will make with your equipment.

This is the calculation:

Block Reward / (Difficulty*2^32) / (GH/1,000,000,000) * 60 Seconds = BTC Per Minute Per GH/s

25 / 218,228,744,511,017,000 / 0.000000001 * 60 = BTC Per Minute Per GH/s

So, at the current difficulty of 50,810,339 and a block reward of 25BTC you can expect to earn

~0.00000011455869416294 BTC per second per GH/s
~0.0000068735216497764 BTC per minute per GH/s
~0.000412411298986584 BTC per hour per GH/s
~0.00989787117567802 BTC per day per GH/s

not accounting for pool fees/pool luck/variance or other pool formulas.

On the front page of www.kncminer.com

Thanks for trying...

No, there is no such thing as a wallet id.  A wallet contains many Bitcoin addresses and does not have an id.  A wallet just holds the addresses and keys to those addresses.

Why are there so many pricks on this forum?

Is "Wallet Id" a term used at one of the mining pools?  It's certainly not correct if they are referring to a Bitcoin address.  What am I missing?

Yeah but what is a "Wallet Id"?  Do they mean a "Bitcoin Address" for solo mining?

Yeah, you wouldn't think that there was such a good statistical fit but the growth rate has been pretty predictable since April.

These prices are from a month ago.  Now they are worth less than half that.