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Bitcoin Forum > Bitcoin > Mining > Hardware > CNBC Explains: How to mine bitcoins on your own
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newguy05 (OP)
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January 23, 2014, 11:12:53 PM
 #1
http://www.cnbc.com/id/101332124/page/1

Good god...... all those newbies flocking to bfl and miners that will never roi (or even deliver) after the article... like lambs to the slaughter.
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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Kenshin
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January 23, 2014, 11:15:19 PM
 #2
Quote from: newguy05 on January 23, 2014, 11:12:53 PM
http://www.cnbc.com/id/101332124/page/1

Good god...... all those newbies flocking to bfl and miners that will never roi (or even deliver) after the article... like lambs to the slaughter.

LOL.....  Grin Grin Grin
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January 23, 2014, 11:36:56 PM
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Tigerdirect just lost a lot of my respect.  http://www.tigerdirect.com/ The information presented on bitcoin mining seems to be from 2012.  LOL pushing their AMD GPU's for mining bitcoins.  AND BFL!!!  Going to be a lot of unhappy campers when they make their 0.000001 BTC  after running a week.  ;-)
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January 24, 2014, 09:17:23 AM
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The current number of attempts it takes to find the correct key is around 1,789,546,951.05

 Shocked Shocked Shocked

So my 180 GH/s antminer can find a 25 BTC block every 0.0099419275 seconds? or rather ~35 blocks an hour?

My pool has been very very unlucky all along... time to solo mine...
FPGA/ASIC only: Raspberry pi packages for cgminer | Ubuntu PPA for mining related software
Colin Miner
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January 24, 2014, 10:37:55 AM
 #5
Quote from: http://www.cnbc.com/id/101332124/page/2
USB ASIC miners—which plug into any standard USB port—cost as little as $20. "For a few hundred dollars you could make a couple of dollars a day," according to Brice Colbert,

Not any more you cant  Cry
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January 24, 2014, 01:03:22 PM
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I'm pleased to see CNBC continue to raise their journalistic standards.
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January 24, 2014, 10:31:48 PM
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Quote from: pixl8tr on January 23, 2014, 11:36:56 PM
Tigerdirect just lost a lot of my respect.  http://www.tigerdirect.com/ The information presented on bitcoin mining seems to be from 2012.  LOL pushing their AMD GPU's for mining bitcoins.  AND BFL!!!  Going to be a lot of unhappy campers when they make their 0.000001 BTC  after running a week.  ;-)





When I saw the BFL logo.... dude I just lost it. Never shopping there again.
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