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chodpaba (OP)
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April 19, 2011, 05:04:33 AM
Last edit: March 20, 2012, 02:37:59 AM by chodpaba
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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FreeMoney
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April 19, 2011, 08:50:42 AM
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I can predict the difficulty at Block 102960 with awesome accuracy. I'll give 10-1 odds and you win if I am off by more than 1.
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April 19, 2011, 08:53:34 AM
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On a more serious note my post count just passed the year and difficulty will exceed the block number for the first time since block 0 sometime soon (two or three resets?).
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April 24, 2011, 01:23:11 AM
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I have a lot more faith in the correlation between price and difficulty after this recent rally.  The network throughput graphs show a fairly sharp rise.
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April 30, 2011, 04:32:36 AM
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Quote from: chodpaba on April 30, 2011, 04:29:07 AM
Wow, 109670. Nearly a 19% increase.

this is nothing.. US$/kWh is fetching 10x that of raw kWh cost.
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