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Apr 8 2013 08:03pm
anyone else use this.. is it actually worth the upfront cost of equipment/electricity?
guy at work keeps talking about it so waiting to hear from him how it works out. just curious if anyone else has had success with this and what type of equipment you used.
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Apr 8 2013 08:08pm
Bitcoin is a form of digital currency

Usually 'black markets', as the currency is supposedly fairly secure and anonymous
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Apr 8 2013 08:09pm
Quote (PurpleBuds @ Apr 8 2013 08:08pm)
Bitcoin is a form of digital currency

Usually 'black markets', as the currency is supposedly fairly secure and anonymous


bitcoin mining then I guess is what I was talking about. I haven't looked into it a ton just heard the guy at work talking about it all day.
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Apr 8 2013 08:11pm
Quote (ghc @ Apr 8 2013 10:09pm)
bitcoin mining then I guess is what I was talking about. I haven't looked into it a ton just heard the guy at work talking about it all day.


where do you work?
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Apr 8 2013 08:12pm
I wouldn't touch it. Probably one of many steps towards a global currency. Each coin is worth about $198 US. I would have to research more on how it's regulated, monitored etc... Still taxed as they have to verify your identity and send it in to the govt lol.
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Apr 8 2013 08:50pm
i wouldnt touch bitcoins with normal hardware. even the 7k amd card series are slow as hell and you will pull little to no profits from pay-per-share pool mining or tring to mine solo.

if you want to try to get into this go purchase a 160$ asic computer that outputs close to 300 times the number of hashes gpus do.
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Apr 8 2013 08:55pm
bitcoin is bullshit. yea when the economy and society collapses bitcoin will be useless, stock up on guns and ammo now, 2nd revolution is approaching, the spirit of 1776
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