LiteCoinGuy (OP)
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Merit: 1010
In Satoshi I Trust
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May 29, 2014, 09:41:11 AM |
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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cescan
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May 29, 2014, 09:46:25 AM |
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time to buy Miner @ Wallmart.
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odolvlobo
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Activity: 4298
Merit: 3208
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May 29, 2014, 02:54:37 PM |
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time to buy Miner @ Wallmart.
Don't pay half of a bitcoin for 10 GH/s. You will be lucky if it mines 1/10 of that.
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sdjernes
Newbie
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Activity: 49
Merit: 0
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May 31, 2014, 03:45:48 PM |
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That is just stupid pricing!
When you can buy a 180Ghs Antminer S1 for about $240 USD. Admittedly you need a PSU but you can get one that can power two units for about $80.
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bryant.coleman
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Activity: 3654
Merit: 1217
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May 31, 2014, 04:28:02 PM |
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Not a very significant news. Even the previously anti-Bitcoin retailers such as Ebay are also selling Bitcoin miners. I will be happy when Wal-Mart accepts Bitcoin payments on its supermarkets.
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TraderTimm
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Activity: 2408
Merit: 1121
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May 31, 2014, 09:00:45 PM |
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No surprises there.
BFL finally found a marketplace to sell their expensive room-heaters to people dumb enough to buy them.
A match made in scammer heaven!
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fortitudinem multis - catenum regit omnia
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Chef Ramsay
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Activity: 1568
Merit: 1001
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June 01, 2014, 01:54:26 AM |
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No surprises there.
BFL finally found a marketplace to sell their expensive room-heaters to people dumb enough to buy them.
A match made in scammer heaven!
Yeah but the average Walmart people (look it up ) don't have the slightest idea on what the miner does nor how to set it up. You can take that to the bank.
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odolvlobo
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Activity: 4298
Merit: 3208
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June 01, 2014, 02:02:28 AM |
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No surprises there. BFL finally found a marketplace to sell their expensive room-heaters to people dumb enough to buy them. A match made in scammer heaven!
BTW, ASICs make terrible room heaters because they are so energy efficient (compared to GPUs and CPUs). That BFL miner only generates as much heat as a 100 W lightbulb.
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Join an anti-signature campaign: Click ignore on the members of signature campaigns. PGP Fingerprint: 6B6BC26599EC24EF7E29A405EAF050539D0B2925 Signing address: 13GAVJo8YaAuenj6keiEykwxWUZ7jMoSLt
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acs267
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June 01, 2014, 02:09:19 AM |
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Aren't they only selling 5 GH/s models? Which might be laying in their wearhouses for a long time. Really not that profitable.
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Satan666
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The love of fiat is the root of all good
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June 01, 2014, 02:23:05 AM |
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BTW, ASICs make terrible room heaters because they are so energy efficient (compared to GPUs and CPUs). That BFL miner only generates as much heat as a 100 W lightbulb.
What's it weigh? It might make a good doorstop.
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sorryforthat
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June 01, 2014, 02:32:19 AM |
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It can be used for any SHA-256. The price is bad, but just because the rate is so low, doesnt make it completly useless
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bryant.coleman
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Activity: 3654
Merit: 1217
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June 01, 2014, 04:17:25 AM |
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No surprises there. BFL finally found a marketplace to sell their expensive room-heaters to people dumb enough to buy them. A match made in scammer heaven!
Not to mention that these room heaters have been used for mining by the BFL for more than one year. Now that their expiry date is approaching, and the BFL has decided to get rid of them to earn some more money.
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