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Author Topic: Miner or Bitcoin Millionaire in SF/LA? BBC would like to interview you!  (Read 1985 times)
thoughtcourier (OP)
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April 17, 2013, 07:35:26 PM
 #1

Also posted here: https://bitcointalk.org/index.php?topic=179079.0

http://www.reddit.com/r/Bitcoin/comments/1cjlrw/bbc_news_looking_to_interview_bitcoin/

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Hi, I am looking for miners to film for a story on Bitcoin. I'd love to show some elaborate rigs -- do any exist in California with our high electricity costs? I'm also interested in speaking with people who are investing their retirement savings in Bitcoin. We are filming in the Bay Area today and tomorrow - and could possibly do something in the LA area Friday morning or next week if that works. My email is regan.morris@bbc.co.uk - Thanks!

Sorry, if this has been posted, I did a search for Regan Morris before posting.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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szita2000
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April 19, 2013, 03:39:55 PM
 #2

Imagine when 60 million people in the U.K. realizes that they could make a bit of money on the side, they just need to mine.
That will royally f**k up our difficulty...

Knowledge speaks, but wisdom listens...
TwinTurboTyler
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April 19, 2013, 08:01:32 PM
 #3

Imagine when 60 million people in the U.K. realizes that they could make a bit of money on the side, they just need to mine.
That will royally f**k up our difficulty...

Except most of them won't have or think they have the technical ability, or the hardware, or the funds to acquire hardware.
It's not like the average home desktop can make more than negligible gains except for maybe gaming rigs but those aren't necessarily average.
bcpokey
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April 20, 2013, 08:35:45 AM
 #4

I'd be shocked if anyone had an awesome rig in CA. > $0.31/kWh for high power consumption, makes it really unfavorable. Sounds like she found someone though, should be interesting.
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April 21, 2013, 12:23:21 AM
 #5

I'd be shocked if anyone had an awesome rig in CA. > $0.31/kWh for high power consumption, makes it really unfavorable. Sounds like she found someone though, should be interesting.
glad i live in South East Asia, the electricity cost $0.06/kWh Smiley

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April 21, 2013, 01:27:39 AM
 #6

I'd be shocked if anyone had an awesome rig in CA. > $0.31/kWh for high power consumption, makes it really unfavorable. Sounds like she found someone though, should be interesting.

Myself in the UK and prices for elec are around 0.25GBP so around $0.40 per kWh depending on who you are with. I already have long term plans and future plans for Bitcoin. I will be looking to get a small power station running on echo friendly power such as solar power, wind power, water power and heat. Too many things going on to list everything but when the time is right and I know what direction I am going with all the ideas I currently have I will be posting on here for a global announcement Smiley

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szita2000
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April 21, 2013, 06:50:05 AM
 #7

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Except most of them won't have or think they have the technical ability, or the hardware, or the funds to acquire hardware.
It's not like the average home desktop can make more than negligible gains except for maybe gaming rigs but those aren't necessarily average.

If you take a look at this thread you will find that about 80% of the miners are mining with only a couple of cards, and not with purpose-built rigs.
https://bitcointalk.org/index.php?topic=162345.0;all

But Hey. if the community wants a movie? Let it be.

Knowledge speaks, but wisdom listens...
Stephen Gornick
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April 22, 2013, 03:43:54 AM
 #8

If you take a look at this thread you will find that about 80% of the miners are mining with only a couple of cards, and not with purpose-built rigs.
https://bitcointalk.org/index.php?topic=162345.0;all

And 20% of the miners are producing 80% of the hashes.

[I'm not saying that's optimal, but there are plenty of significant mining operators each with a lot of hardware.]

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PatMan
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April 23, 2013, 08:21:39 PM
 #9

The BBC will either twist the story or lie through their teeth - I wouldn't talk to them even if I had paid my license fee.....

What was it: "Building 7 has collapsed", erm........no it hasn't. 20 minutes later........talk about reading from a script.

"When one person is deluded it is called insanity - when many people are deluded it is called religion" - Robert M. Pirsig.  I don't want your coins, I want change.
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