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Author Topic: The End of Mining ?  (Read 3423 times)
saadtariq30
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June 27, 2011, 12:54:16 PM
 #21

mtgox opened up, price went up to 17$ and blocks per hour are up to 6.86 from like 6.3 just a few hours back..
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin-Qt, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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Zman0101
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June 27, 2011, 01:12:32 PM
 #22

Whats the chances though of your miner hitting a block? I'm mining with over 3,000 megahash and i haven't found one yet. I think there has to be more of incentive then just the luck of the draw of a found block. Provided the difficulty skyrockets more. Gotta give us minors something. Ill mine forever ...lol... Just as long as the utility bills are paid and i make a couple extra bucks. Fine with me.
Mousepotato
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June 27, 2011, 04:13:15 PM
 #23

Whats the chances though of your miner hitting a block?
About 32.33, repeating of course.

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