CANCELLED 4.85 BTC loan to seed tech dev company in Namibia

[millsdmb]

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?

[BecomingPhill]

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.

[millsdmb]

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.

[Rannasha]

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]

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.

[BecomingPhill]

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

[Rannasha]

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

Currently = not ever.

[BecomingPhill]

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.

[Rannasha]

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]

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]

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/