Normal desktop computer performs far better and they consume a lot of power and emit a lot of heat. Smartphones are designed to be used with less power while emit less heat and not require cooling. Therefore, smart phone processors cannot be compared to normal desktop processors.

Hilariousandco makes a lot of constructive post. In comparison, you are more likely to be banned without a signature and making unconstructive posts and not with a signature making constructive posts. What matters is constructive post. If they have to keep an eye on people with signature campaigns, they would need to monitor nearly everyone. Hilariousandco was very constructive while having a paid signature and he did not get banned once.

You need to surf the forum to show that you are active for 360seconds, to reduce spamming. Your time will be reduced once you reach 15 activity. Actions such as PM, search are limited to certain rate.

Not true, as long as you are constructive and contributes actively to the topic, you will not be banned as this does not violate any of the forum rules. Constructive posts are not considered as spams. You can however be banned for spamming too much non-constructive posts.

The price is only slightly higher than PD's one. Even though they have funds in escrow, you cannot guarantee if they are here to stay. They may be closing after a month or two. For me, I would really prefer one which is stable and have the longest duration, primedice is a good example.

Activities like PM, searching etc. Have rate limiting. To bypass that limit temporary, just surf the forum for a few minute and your total time logged in should increase and try posting again. Time for rate limiting gets very low when you get to 15 activity.

Used cryptsy once and had a lot of trouble, it took a few hours to sent out the coins when I was in need of them urgently. Avoid them. You should look around the forum to check for user reviews. You shouldn't place too much BTC at an exchange, no matter how good their reputation is.

Because ASIC production companies "test" them and thus the hashrate increases. There are also a lot of companies who either own a private farm to mine for themselves or rent out hashrates. It isn't profitable unless you have very low cost electricity.

Yes. On both of your computer, when a transaction is made, it propagates among nodes. It will update the other client with the amount transaction. You can spend bitcoin anywhere as long as you have the private key. Private key is in backups, after downloading the full blockchain or if you use a lightweight wallet and restore the private key, your balance and transaction will update automatically. Bitcoin is basically about signing transactions, as long as you have the private key, you can sign and broadcast them, no matter how many wallets with that private key you run.

Use a mixing service like Bitmixer.io, they replace your coins with new coins which cannot link you back to where you bought it from.

Even so, anyone with senses should be aware their hardware is heating up very fast and would suspect of a virus infection. I doubt any modern smart phone would mine at that slow speed, they usually get around 500++kH/s.

It wouldn't be the best choice to cool them down with aircons. They eat alot of power also if your power is cut off, water vapour is bound to condense on your hardware, damaging them. Fan cooling is the best IMO, you don't need to worry too much as they usually eat lesser power.

It isn't the best way unless you are a experienced trader. Since there is a high risk, you would lose money faster. I would rather place is somewhere safe and buy more to hold. In the long run, trading may not be the best option unless you are a very lucky and experienced alt coin trader.

The identifier is secure enough IMO. The identifier contains a lot of alphanumeric characters which is impossible for anyone to guess. Even if they have it, they would need to bruteforce it which is even more difficult and will never be successful as you need to bypass 2 Factor Authentication protection. It is a complete waste of times for attackers.

The transaction fees would be really high. Gambling doesn't mean a guaranteed return. People may get addicted to gambling after winning for a few times. The transaction fees would be 0.0001 from withdrawing from cex.io, leaving you with 0.0002BTC. Even if you win, the payout is low.

As long as you secure it with two factor authentication, it is pretty safe. They also send backups of your wallets to your email, if they are down, you would still be able to access the bitcoin. A good alternative is electrum, they do not require you to download the whole blockchain.

Not simple math task like 1million x2 billion. It is secured by cryptography, invented by NSA. Bitcoin basically is just your computer calculating billion and billion of hashes every second using hardwares. The hash of a block must start with a certain number of zeros. The probability of calculating a hash that starts with many zeros is very low, therefore many attempts must be made. Once you have reached six confirmation, it is fairly impossible to reverse the transaction unless you own 51% of the network. SHA256 currently have no weakness. Developers can always do a hardfork if any vulnerabilities is discovered.

The trust no one on this forum is a bit exaggerated. Yes, you shouldn't trust all the people with neutral trust but there are a few very trusted people with high trust. Their account will not be likely to be bought. If in doubt, you can always use an escrow.

Yes. For people who invested a lot of money into mining, they don't have any chances of getting ROI. If the new algorithm can be CPU mined effectively, botnet mining would resurface. Botnet mining are most probably stopped now since the difficulty is so high.

USB miners have no cooling, therefore you can't put efficient ASIC chips there. Also, after so much more efficient ASICs came out, the difficulty skyrocketed and they are unprofitable. These are only for collectors and people who want to mine as a hobby but do not want a big and expensive ASIC which emits a lot of heat.