Will do, thanks for the info.
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No manual work is done. My guess is that some sites might remove content or simply get offline.
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Not that part, there are many economic parts one which I want to note is the inflation and consumption.
They argue that inflation, in which each time you can buy less, drives to more consumption. Deflation by the other side would drive to efficiency and economization. Why spend it if in the future you can get more?
An instance for this is the computer world in which you can get more the longer you wait.
Each 2 years the capacity doubles. So that means if I wait 4 years I would get something 4x more powerful and at the same price. If I wait 8 years I get something 16 times more powerful at the same price. This surely haven't halted the market however it is still debated. What connection does inflation and deflation has to do with consumption?
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The faucet(s) have been running dry lately, I know, as per individual posts, that some individuals here have possession of vast amounts of BTC and would like to invite them to collaborate in the measure they feel appropriate to the well being of the faucet(s). For which it is the main entry point for new users to test it and realize the benefits.
In good faith, fabianhjr
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I am just pointing out the fact that even if they would be able to do so they are literally trashing a lot of money. We are about to experience a lot of difficulty jumps each time making it harder to stop.
When BTC is being traded at 100 USD the likely cost for this project would be of 75 Million USD and the constant ups in price and difficulty will keep it rising, you can't simply wait to get a week of progress, in that week the network will overrun you.
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Digital copies signed by the author? LOL
Yeah, that is what I thought. xD Well then, how much for printed signed and mailed copies?
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Trippy, your calculations are flawed.
The current estimated hashing power is near the 7.5 thps mark. A 5970/6990 can pull around 0.8 ghps. Dividing yields an estimate of 9375 5970s/6990s. They both hover in the 700 USD mark so it will take near 6.5 Million in hashing hardware just to reach parity with the network. Keep in mind this does not include the facility/datacenter and specific required hardware like PSUs, Motherboards, CPUs, on-site admin, cooling(For such a big density). That would topple the cost to well over the 15 Million mark plus a 50K USD per month maintenance + bills.
This would not only stop being enough after a week or two seeing its current growth, it would be worthless for a while. :/ I mean, you got the coins, then what? If you expect to get at least some of it back, you would sell as any other miner and you would end up being assimilated by the network. This thing will reach the 50 Million quite soon, in about 2 weeks or so. There is no sense in trying.
zamrock, still really expensive, though a real possibility. Why don't we miners seek for a huge wholesale deal?
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(David Nakamoto is not related in any way to Satoshi Nakamoto) I am quite sure of that, though is the last name Nakamoto that common? I am quite sure there was another guy who had the last name Nakamoto and was also deeply into math. Though, they are real nice, do the prices include postage?
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I have been acting as a small faucet for people I know, giving away 0.10 BTC. However, I am starting to dry out and would like to ask the help from the community. Right now I am at my school and would like to give 0.05 away to each student or staff that installs the client. Additionally I have been pushing for a change in the way finances are handled on campus. Right now we use some paper money representing x amount of MXN that can only be used on-campus.
Help can be sent to [dead]
PS: Comments of support or constructive criticism welcomed.
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What you are looking at are mesh networks. The issue, as the state of art, is latency. That is the only thing keeping the ISPs a job.
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It is false, you can take torrents as an example + the streisand effect.
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Because freedom = terrorism.
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It went smoothly, now I am downloading Bioshock via Steam.
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Replied to PM, waiting for game and making the payment of 1 BTC thereafter he seems legit.
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How much for the first Bioshock? PM me the code first, then I send. If you need my ID just say so.
Also, please link to any Trade you have done, ie ebay, amazon, etc.
I have bought several games here already from various members and I am the moderator of the Spanish section.
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No longer valid, bought from other thread.
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Lo siento, no hay mucho que pueda hacer. Sin embargo hay cambios de PP a LR y así puedes usar MtGox. Puedes usar http://exchangezone.com/en/Welcome de instancia. Espero que lo puedas solucionar.
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Utiliza la sección de Mercado y Economía por el momento, a medida que la comunidad cresa se añadirán secciones.
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Can you highlight and reupload? I am having trouble reading trough many news.
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