Hello says newbie

[squidfrites]

Hi,

I have been very interested in BTC for about a year. I heard about them on the news and immediately attempted mining on my MacBook Pro (too old).
I  lost my money in the failures of instawallet, bitcoin24 and bitcoin central but persevered, registering with MtGox and transferring some money there to play around which I still do now.  I eventually got all lost / impounded funds back - all credit to instawallet, bitcoin24 and bitcoin central.
I also have owned a BFL jalapeño 4.5 GH/s miner for just a few days (though ordered many months ago - I don't even remember ) and this has earned me $3 US in 4 days!

Anyway, it's all just small scale fun out of interest and enthusiasm for me.  Dodgy stuff will go on with any currency due to human nature but I like the uncontrollable, de-centralised nature of BTC and think that it will be a good thing for the world (to a degree, providing we still have a habitable world that we need currency in).

I read about Mr Teal's 8 chip ASIC board elsewhere on this forum and wanted to pm him about it which prompted me to join.

Peace, have a great day.

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[1715256829]

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[1715256829]

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[LiteCoinGuy]

sounds like you are not a newbie anymore but you are jailed in the noob-section  . sorry for that

[squidfrites]

Thank-you Xanis.

Sound advice .... I had come to the same conclusion and I am doing all of those things on a very small scale.
Perhaps I will try to resist further mining - it's more that I am a shopaholic with a weakness for things that require water-cooling.

SF

[squidfrites]

sounds like you are not a newbie anymore but you are jailed in the noob-section  . sorry for that

Oh that's AOK, I think it's a good system: forces people to properly introduce themselves.
I'm not jailed here for long though huh? I thought it was 4 hours.


And @Yanis
Thanks I will look at scryptcoins ... I have read about some of the other crypto coins. Part of the big attraction of BTC is their increasingly wide usability. We can now buy a pint of beer in a pub for btc in my town.

SF

[Mowcore]

4 hours yes, unless they changed something recently.

[squidfrites]

You have 2 options: wait for ASICs gen2 or buy and hold/or trade bitcoin.

Xanis,

What does  gen 2 mean? Is it the new 28nm chips?
Do you think the Swedish KNCminer.com products qualify as gen 2?

SF