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Bitcoin Forum > Bitcoin > Bitcoin Discussion > Press > 2013 08 16 RT - Bitcoin vs Gold: Getting the Most Bang For Your Buck
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Author Topic: 2013 08 16 RT - Bitcoin vs Gold: Getting the Most Bang For Your Buck  (Read 747 times)
freedomno1 (OP)
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August 17, 2013, 03:52:49 AM
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Youtube video
Set to where it talks about bitcoin the early days of the internet, ASICminer etc Cool
http://www.youtube.com/watch?v=LC3ZHRF_8kQ
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The block chain is the main innovation of Bitcoin. It is the first distributed timestamping system.
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August 17, 2013, 06:16:03 AM
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Cool!  Cool
They talk about Bitcoin mining at around 10 minutes into it.
Mention ASICminer @ 12 minutes.

Then they go for some old-time mining/panning for gold @ 16 or so! Smiley Expecting to find a block a gram of gold in 3 hours to a week.

Gold mining is also not very profitable right now it, mines are shut off, heh.
But the price is on the rise, heading into the 1500s: http://betsofbitco.in/item?id=1692

Bitcoin mining attempt is @ around 19 minutes into the video.
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August 17, 2013, 04:19:27 PM
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And BitMinter appears as they try out mining.

http://www.youtube.com/watch?v=LC3ZHRF_8kQ&t=19m13s

Unfortunately not with very good hardware. But I guess that's the point they are making anyway, you need ASIC.
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