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81  Other / Beginners & Help / Is a computer with 1.7 GB graphics card enough for bitcoin mining? on: November 02, 2012, 11:27:48 AM
My Laptop has a built-in graphics card of 1.7 GB with 2.3 GHz CPU speed. Is it enough for mining at a decent speed?
82  Other / Beginners & Help / Re: Share your experience about how you started earning BitCoins. on: November 02, 2012, 11:02:15 AM
Buying for you native currency?
83  Other / Beginners & Help / Share your experience about how you started earning BitCoins. on: November 02, 2012, 10:49:33 AM
Hello everyone!

I really amazed to hear many of you have found your own ways to mange to make some bitcoins.

I think it would be helpful to newbies like me if you guys share your personal experiences of how you get BitCoins. Is that by mining, or freelancing, or trading? Whatever it be, just share ur experience with us. Cheesy
84  Other / Beginners & Help / Re: What kind of puzzles are bitcoin mining software trying to solve? on: November 02, 2012, 09:05:51 AM
So it's not a puzzle (this is a simple way to explain it to an idiot).

It's an SHA256 Hash that is being generated. If you're interested in what the process is you can find refs. here http://en.wikipedia.org/wiki/SHA-2

This idea is called 'proof of work' and it's how the bitcoin network prevents doublespending and builds the blockchain. http://en.wikipedia.org/wiki/Proof_of_work


Thanks for making me feel that I am not an idiot anymore Smiley And thanks CIYAM for you explanation with example. Interested in knowing more about it!

Regards,
Kevin.
85  Other / Beginners & Help / What kind of puzzles are bitcoin mining software trying to solve? on: November 02, 2012, 08:11:44 AM
Hey there!

I am a noob in this field and so forgive me if my questions are stupid.
I can't understand this: Why is it needed to solve a puzzle inorder to generate a bitcoin? It makes no sense to me (just to me! no offence Grin).. Can anyone explain it in detail?
86  Other / Beginners & Help / Re: Is there anyway to earn bitcoins via freelancing? on: November 02, 2012, 05:42:03 AM
Got it. Do you find it more profitable to work for bitcoin, than other currencies?

(PS - Is there a plural for bitcoin (like "bitcoins")? coz it shows a spelling mistake in the text box.)
87  Other / Beginners & Help / Is there anyway to earn bitcoins via freelancing? on: November 02, 2012, 05:32:38 AM
Hey there!

Is there any way to make bitcoins other than just using our computers' resources to solve puzzles and eventually earn'em? (Like freelancing)
88  Other / Beginners & Help / Hi everyone. Another newbie here! on: November 02, 2012, 05:29:13 AM
Hello evertone! I'm Kevin and.... I'm a newbie  Tongue

Isn't there anyone to welcome me??  Grin
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