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CANCELLED 4.85 BTC loan to seed tech dev company in Namibia
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Topic: CANCELLED 4.85 BTC loan to seed tech dev company in Namibia (Read 3364 times)
millsdmb
Sr. Member
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Activity: 322
Merit: 250
Re: 7.4 BTC loan to seed tech dev company in Namibia
September 20, 2013, 01:17:01 AM
#21
Quote from: BecomingPhill on September 19, 2013, 11:57:55 PM
I am upping interest on loan to 15% for a whopping 1.11
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)
Full Member
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Activity: 140
Merit: 100
BTC in Namibia
Re: 7.4 BTC loan to seed tech dev company in Namibia
September 20, 2013, 01:57:34 AM
#22
Quote from: millsdmb on September 20, 2013, 01:17:01 AM
Quote from: BecomingPhill on September 19, 2013, 11:57:55 PM
I am upping interest on loan to 15% for a whopping 1.11
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.
19YMKfUYc9S2orgBvp3LaHRbBJ5wNQENK1
millsdmb
Sr. Member
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Activity: 322
Merit: 250
Re: 7.4 BTC loan to seed tech dev company in Namibia
September 20, 2013, 02:06:17 AM
#23
Quote from: BecomingPhill on September 20, 2013, 01:57:34 AM
Quote from: millsdmb on September 20, 2013, 01:17:01 AM
Quote from: BecomingPhill on September 19, 2013, 11:57:55 PM
I am upping interest on loan to 15% for a whopping 1.11
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
Hero Member
Offline
Activity: 728
Merit: 500
Re: 7.4 BTC loan to seed tech dev company in Namibia
September 20, 2013, 10:59:32 AM
#24
Quote from: BecomingPhill on September 18, 2013, 10:26:28 PM
Please don't be condescending. We are all smart tertiary level educated people.
Quote from: BecomingPhill on September 20, 2013, 01:57:34 AM
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)
Full Member
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Activity: 140
Merit: 100
BTC in Namibia
Re: 7.4 BTC loan to seed tech dev company in Namibia
September 20, 2013, 11:41:36 AM
#25
Quote from: Rannasha on September 20, 2013, 10:59:32 AM
Quote from: BecomingPhill on September 18, 2013, 10:26:28 PM
Please don't be condescending. We are all smart tertiary level educated people.
Quote from: BecomingPhill on September 20, 2013, 01:57:34 AM
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.
19YMKfUYc9S2orgBvp3LaHRbBJ5wNQENK1
BecomingPhill
(OP)
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Activity: 140
Merit: 100
BTC in Namibia
Re: 7.4 BTC loan to seed tech dev company in Namibia
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.
19YMKfUYc9S2orgBvp3LaHRbBJ5wNQENK1
Rannasha
Hero Member
Offline
Activity: 728
Merit: 500
Re: 7.4 BTC loan to seed tech dev company in Namibia
September 20, 2013, 11:50:45 AM
#27
Quote from: BecomingPhill on September 20, 2013, 11:45:28 AM
I will not be using BE to mine litecoin as that is currently not possible.
Currently = not ever.
BecomingPhill
(OP)
Full Member
Offline
Activity: 140
Merit: 100
BTC in Namibia
Re: 7.4 BTC loan to seed tech dev company in Namibia
September 20, 2013, 12:29:06 PM
Last edit: September 20, 2013, 12:55:42 PM by BecomingPhill
#28
Quote from: Rannasha on September 20, 2013, 11:50:45 AM
Quote from: BecomingPhill on September 20, 2013, 11:45:28 AM
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.
19YMKfUYc9S2orgBvp3LaHRbBJ5wNQENK1
Rannasha
Hero Member
Offline
Activity: 728
Merit: 500
Re: 7.4 BTC loan to seed tech dev company in Namibia
September 20, 2013, 01:11:16 PM
#29
Quote from: BecomingPhill on September 20, 2013, 12:29:06 PM
Quote from: Rannasha on September 20, 2013, 11:50:45 AM
Quote from: BecomingPhill on September 20, 2013, 11:45:28 AM
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
Member
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Activity: 109
Merit: 10
Re: 7.4 BTC loan to seed tech dev company in Namibia
September 20, 2013, 02:49:06 PM
#30
Quote from: Rannasha on September 20, 2013, 10:59:32 AM
Quote from: BecomingPhill on September 18, 2013, 10:26:28 PM
Please don't be condescending. We are all smart tertiary level educated people.
Quote from: BecomingPhill on September 20, 2013, 01:57:34 AM
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.
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BecomingPhill
(OP)
Full Member
Offline
Activity: 140
Merit: 100
BTC in Namibia
Re: 7.4 BTC loan to seed tech dev company in Namibia
November 21, 2013, 10:45:35 PM
#31
Quote from: Rannasha on September 20, 2013, 01:11:16 PM
Quote from: BecomingPhill on September 20, 2013, 12:29:06 PM
Quote from: Rannasha on September 20, 2013, 11:50:45 AM
Quote from: BecomingPhill on September 20, 2013, 11:45:28 AM
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
http://www.coindesk.com/asic-miners-litecoin-soon/
19YMKfUYc9S2orgBvp3LaHRbBJ5wNQENK1
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