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flaxindo (OP)
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June 21, 2011, 04:59:44 AM
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I'm watching Bitcoin Report Volume 7 on YouTube right now. It's interesting watching this guy's evolution. We both started looking into Bitcoin at the same time, so I can empathize with his initial confusion Smiley
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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June 21, 2011, 05:01:06 AM
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Those videos are actually what got me into bitcoins.
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June 21, 2011, 05:49:43 AM
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I have two coworkers who got into it about three weeks before I did... it took that many days of chatting with them for me to understand enough to want in Wink

I'm very fortunate for their patience and assistance, one of them even spec'd and built my rig for me, then walked me through getting up and mining.

+1 for great friends
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