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Author Topic: CANCELLED 4.85 BTC loan to seed tech dev company in Namibia  (Read 3364 times)
millsdmb
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September 20, 2013, 01:17:01 AM
 #21

I am upping interest on loan to 15% for a whopping 1.11 Cheesy btc return. Today I started mining litecoin on the 6670 and I am considering assigning one of the blades that would be purchased solely to litecoin as efficiency seems to beat bitcoin by a mile right now.
LTC Blades are being sold where?

Hitler Finds out about the Butterfly Labs Monarch http://www.youtube.com/watch?v=4jYNMKdv36w
Get $10 worth of BTC Free when you buy $100 worth at coinbase.com/?r=51dffa8970f85a53bd000034
BecomingPhill (OP)
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September 20, 2013, 01:57:34 AM
 #22

I am upping interest on loan to 15% for a whopping 1.11 Cheesy btc return. Today I started mining litecoin on the 6670 and I am considering assigning one of the blades that would be purchased solely to litecoin as efficiency seems to beat bitcoin by a mile right now.
LTC Blades are being sold where?

I don't know what LTC blades are, I mean that one of the BE blades that would be purchased with the loan would be assigned to the task of litecoin mining.

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millsdmb
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September 20, 2013, 02:06:17 AM
 #23

I am upping interest on loan to 15% for a whopping 1.11 Cheesy btc return. Today I started mining litecoin on the 6670 and I am considering assigning one of the blades that would be purchased solely to litecoin as efficiency seems to beat bitcoin by a mile right now.
LTC Blades are being sold where?

I don't know what LTC blades are, I mean that one of the BE blades that would be purchased with the loan would be assigned to the task of litecoin mining.
I'm out.

Hitler Finds out about the Butterfly Labs Monarch http://www.youtube.com/watch?v=4jYNMKdv36w
Get $10 worth of BTC Free when you buy $100 worth at coinbase.com/?r=51dffa8970f85a53bd000034
Rannasha
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September 20, 2013, 10:59:32 AM
 #24

Please don't be condescending. We are all smart tertiary level educated people.

I don't know what LTC blades are, I mean that one of the BE blades that would be purchased with the loan would be assigned to the task of litecoin mining.

I think that I've now earned the right to be condescending.
BecomingPhill (OP)
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September 20, 2013, 11:41:36 AM
 #25

Please don't be condescending. We are all smart tertiary level educated people.

I don't know what LTC blades are, I mean that one of the BE blades that would be purchased with the loan would be assigned to the task of litecoin mining.

I think that I've now earned the right to be condescending.

I concede, that post earns me a dunce cap.

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BecomingPhill (OP)
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September 20, 2013, 11:45:28 AM
 #26

I will not be using BE to mine litecoin as that is currently not possible. Initial loan request stands at 15% over 6 months.

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Rannasha
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September 20, 2013, 11:50:45 AM
 #27

I will not be using BE to mine litecoin as that is currently not possible.

Currently = not ever.
BecomingPhill (OP)
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September 20, 2013, 12:29:06 PM
Last edit: September 20, 2013, 12:55:42 PM by BecomingPhill
 #28

I will not be using BE to mine litecoin as that is currently not possible.

Currently = not ever.

I'm not going to attempt to predict what can and cannot happen in the future in regards to bitcoin tech development. From what I understand, it would be a lengthy, expensive and difficult process to optimize ASIC memory for scrypt algorithms but it's not impossible.

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Rannasha
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September 20, 2013, 01:11:16 PM
 #29

I will not be using BE to mine litecoin as that is currently not possible.

Currently = not ever.

I'm not going to attempt to predict what can and cannot happen in the future in regards to bitcoin tech development. From what I understand, it would be a lengthy, expensive and difficult process to optimize ASIC memory for scrypt algorithms but it's not impossible.

Regardless of what will be developed for Litecoin-specific purposes, a Block Erupter (blade or USB) will *never* be able to mine Litecoins.
posormo
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September 20, 2013, 02:49:06 PM
 #30

Please don't be condescending. We are all smart tertiary level educated people.

I don't know what LTC blades are, I mean that one of the BE blades that would be purchased with the loan would be assigned to the task of litecoin mining.

I think that I've now earned the right to be condescending.

no it doesn't.

BecomingPhill (OP)
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November 21, 2013, 10:45:35 PM
 #31

I will not be using BE to mine litecoin as that is currently not possible.

Currently = not ever.

I'm not going to attempt to predict what can and cannot happen in the future in regards to bitcoin tech development. From what I understand, it would be a lengthy, expensive and difficult process to optimize ASIC memory for scrypt algorithms but it's not impossible.

Regardless of what will be developed for Litecoin-specific purposes, a Block Erupter (blade or USB) will *never* be able to mine Litecoins.

LOL  Grin Grin Grin

http://www.coindesk.com/asic-miners-litecoin-soon/


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