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By the way. Which insurance company do you work for?
He doesn't work for an insurance company. And here's why: Insurance companies are very keen to keep their expenses very low, so, even those 12 computers mining 24/7 would raise their electricity bill so much that they would look very well to find out where it was being spent. Only 1 month of mining would be enough for the OP and his "partner" to be already working for "social security"(unemployed), not for an insurance company  You're not helping to liven up the discussion by being sensible. Sorry for ruining the fun for the rest of you  I'm sorry I had a fight in the middle of your Black Panther party. Hahaha!  Run, Forrest, Run! |
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Why wouldn't you cash out on what you're doing and possibly buy more pcs/equiptment? I'm an IT guy for a local church/school and they have around 97 stations on campus. I brought up the idea of using the pcs to mine after everyone goes home. I have a script set up to log on to an account. A startup script runs the miner and gets around .7Btc a night. Once we get enough, we're cashing out to get couple gigabit switches.
Church/School I think you took a wrong turn on the internets. Are you on the Board of Directors? |
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So the pie story was all a big lie?  I'm sorry to report that pie stocks have been depressed. We're expecting a rebound in pie stock prices some time soon. Your local bakery will post notices in the store window. |
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I still don't understand the math.
If there are 10 pies and 8 are lost, why would you divide the 2 remaining pies?
Why would only pie holder #1 get to keep his pie and pie holder #2 has to give his up.
By the way. Which insurance company do you work for?
Neither has to give up his pies. What are you talking about? That simply divides the bitcoins up into smaller portions. Every bitcoin that is lost, is gone for good and simply reduces the amount of bitcoins there will ever be. If you make all other BTC worth more and they are divided up into smaller pieces, the net result is no change long-term. You're not hurting anything. You're only helping us out in the short-term. Ok. Have 10 people and 10 pies. We give everyone a pie. Now 8 pies get lost. Some get eaten, one pie was encrypted and the key got lost, another one's fridge was hacked and his pie deleted, a pie was dropped on the floor, etc etc. We divide every remaining pie into 10 pieces. One guy didn't lose his pie, he gets to keep all 10 pieces. The other 10 pieces are divided evenly over the other 9 people and piece gets destroyed by me, just cos I can. And pie makes me fat. We have 10 times as many "items of pie". We performed a digit shift on the pie basically... Yet now one guy has half of all items of pie available, while he only had 1/10 earlier. Still think shifting the digit will solve bitcoins getting lost?  So one guy gets to keep his pie. Why? Insurance? Why would the other guy only get 1/10th of his pie? No Insurance? ... "just cos I can. And pie makes me fat." It was a volunteer split of one of the two last pies. Neither one is forced to give up any of his pie. Both pies are worth 5x as they were previously. But it really never happened. |
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By the way. Which insurance company do you work for?
He doesn't work for an insurance company. And here's why: Insurance companies are very keen to keep their expenses very low, so, even those 12 computers mining 24/7 would raise their electricity bill so much that they would look very well to find out where it was being spent. Only 1 month of mining would be enough for the OP and his "partner" to be already working for "social security"(unemployed), not for an insurance company You're not helping to liven up the discussion by being sensible. |
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I still don't understand the math.
If there are 10 pies and 8 are lost, why would you divide the 2 remaining pies?
Why would only pie holder #1 get to keep his pie and pie holder #2 has to give his up.
By the way. Which insurance company do you work for?
Neither has to give up his pies. What are you talking about? That simply divides the bitcoins up into smaller portions. Every bitcoin that is lost, is gone for good and simply reduces the amount of bitcoins there will ever be. If you make all other BTC worth more and they are divided up into smaller pieces, the net result is no change long-term. You're not hurting anything. You're only helping us out in the short-term. Ok. Have 10 people and 10 pies. We give everyone a pie. Now 8 pies get lost. Some get eaten, one pie was encrypted and the key got lost, another one's fridge was hacked and his pie deleted, a pie was dropped on the floor, etc etc. We divide every remaining pie into 10 pieces. One guy didn't lose his pie, he gets to keep all 10 pieces. The other 10 pieces are divided evenly over the other 9 people and piece gets destroyed by me, just cos I can. And pie makes me fat. We have 10 times as many "items of pie". We performed a digit shift on the pie basically... Yet now one guy has half of all items of pie available, while he only had 1/10 earlier. Still think shifting the digit will solve bitcoins getting lost? So one guy gets to keep his pie. Why? Insurance? Why would the other guy only get 1/10th of his pie? No Insurance? |
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I still don't understand the math.
If there are 10 pies and 8 are lost, why would you divide the 2 remaining pies?
Why would only pie holder #1 get to keep his pie and pie holder #2 has to give his up.
By the way. Which insurance company do you work for?
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