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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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HellDiverUK
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February 04, 2014, 02:05:30 PM |
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All that article does is show Thomas Sohmers to be a bit of a clueless ballbag.
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abacus
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February 06, 2014, 03:53:42 PM |
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All that article does is show Thomas Sohmers to be a bit of a clueless ballbag.
Definitely... Thomas Sohmers, a 17-year-old wiz kid and chief executive of a high-performance server startup, said he has explored the technology and is not interested in it. "It's a kind of Ponzi or pyramid scheme where the people who get in first reap the most rewards," said Sohmers on the show floor of the OCP event.
(...)
"It's the biggest waste of processing power in the world,"
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DavidHi5
Newbie
 Offline
Activity: 9
Merit: 0
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February 07, 2014, 04:44:32 AM |
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All that article does is show Thomas Sohmers to be a bit of a clueless ballbag.
Sums it up pretty eloquently |
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djtriggz
Newbie
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Activity: 50
Merit: 0
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February 07, 2014, 08:32:13 AM |
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oh dear
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Sonny
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February 07, 2014, 03:54:17 PM |
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All that article does is show Thomas Sohmers to be a bit of a clueless ballbag.
This is a good summary of the article  |
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brontosaurus
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February 07, 2014, 06:33:46 PM |
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This is yet another example of tech 'gurus' knowing absolutely bugger all about technology. Or bothering to actually read up a little before they make sweeping statements.
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DrG
Legendary
Offline
Activity: 2086
Merit: 1035
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February 08, 2014, 08:23:17 AM |
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Great, now I need a Bitcoin mobo for my Bitcoin CPU.
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Its About Sharing
Legendary
Offline
Activity: 1442
Merit: 1000
Antifragile
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February 08, 2014, 07:40:10 PM |
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All that article does is show Thomas Sohmers to be a bit of a clueless ballbag.
Definitely... Thomas Sohmers, a 17-year-old wiz kid and chief executive of a high-performance server startup, said he has explored the technology and is not interested in it. "It's a kind of Ponzi or pyramid scheme where the people who get in first reap the most rewards," said Sohmers on the show floor of the OCP event.
(...)
"It's the biggest waste of processing power in the world,"
Exactly. How could a "whiz kid" be so blind? And what about remittances to poor families overseas who are getting raped daily by Western Union and Co.? I guess he wants to reinvent the wheel... Little known fact, Thomas Sohmers is the bastard child of Peter Schiff. |
BTC = Black Swan.
BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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Omikifuse
Legendary
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Activity: 1750
Merit: 1009
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February 09, 2014, 01:37:32 AM |
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CPU hahaha..
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Zelek Uther
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February 10, 2014, 12:07:21 PM |
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Bitcoin was used for the illicit Silk Road operation and speculators, but lacks legitimate uses, Sohmers said. However he noted that online tech shop Tiger Direct recently announced it will accept bitcoin. Sohmers says Bitcoin lacks legitimate uses... then he gives an example of a legitimate use. *facepalm* |
Run a Bitcoin node, support the network.
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JessicaSe
Legendary
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Activity: 840
Merit: 1000
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February 10, 2014, 12:36:25 PM |
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Huh? Sounds like a new coin... |
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InCoinsITrust
Member
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Activity: 112
Merit: 10
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February 10, 2014, 12:37:11 PM |
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Who will produce that cpu, is that even real ?
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af_newbie
Legendary
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Activity: 2688
Merit: 1468
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February 10, 2014, 08:23:14 PM |
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Little known fact, Thomas Sohmers is the bastard child of Peter Schiff.
+1 LOL... |
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