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v_coin
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June 07, 2013, 11:46:36 PM
 #21
Hello!
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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 08, 2013, 12:02:14 AM
 #22
Mining with GPU's is almost extinct now.  Because of the exponential growth in difficulty, currently 11,187,257, a single 7970 will only earn 0.02922023 every 24 hours.

Given that the difficulty is set to jump massively due to the upcoming flood of asic hardware, you should invest in other ways in order to make your bitcoins back.

I'd suggest investigating AMC shares and ASICMINER shares and/or purchasing asic harware, though delivery dates aren't always honoured!

Good luck.   Smiley
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June 08, 2013, 12:06:59 AM
 #23
Quote from: firefop on June 07, 2013, 05:27:20 AM
Let me know if you want to pickup some 7950s - I'm not interested in litecoin and am in the process of selling all my extra video cards. I only have 2x7950s left (they're only 5 week old). I found it a bit odd that all my lesser cards sold but nobody even made offers on the 7950s.




What brand/model and how much you looking for? you have the receipt in case warranty issues in future?
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June 08, 2013, 03:41:50 PM
 #24
Welcome to the Bitcoin Forum
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June 08, 2013, 03:54:40 PM
 #25
WELCOME TO THE GREATEST CRYPTOCURRENCY EVER!  Grin  Tongue
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June 08, 2013, 08:00:51 PM
 #26
Well hello.
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