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Thread: Bitcoin mining ? smthn worth investing in?

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  1. Default Bitcoin mining ? smthn worth investing in?



    (more info :
    http://www.bitcoin.org/
    and https://en.bitcoin.it/wiki/Main_Page)

    so im not sure if any of you guys posted this before, but the new digital currency : bitcoins, is being mined by users worldwide by cracking complex algorithms using their CPU and GPU and getting rewarded for that by getting "chunks" of bitcoins.

    1 bitcoin right now = ~ 20 dollars.

    im trying to work this shit out by installing bitcoin miners on my gaming computer which naturally has the best graphic card i have...
    any of u tried that? its basically to install a bitcoin client, and a bit coin miner on your computer and the combo will mine for bitcoins .
    another way is to go to www.bitcoinplus.com, log in , and simply click on START GENERATING, and leave the page open for it to use ur <<<<CPU>>>> to mine for it...but its relatively a LOT slower than using the GPU one.
    i think zero you should look into this bcos i always noticed you keep on upgrading ur shit, maybe ibis can have a little more side cash for maintaining the servers since u already spent the money on the graphic cards nway (btw, graphic cards world wide are being sold out like never fucking before... )

    oh well.. .feedback guys?
    nways c ya guys later, just felt like sharing this with u guys, since im not around nways recently.
    cyber
    Started from bottom. Now we here. <IBIS>


    Quote Originally Posted by ZERO View Post
    Trying to hack in IBIS is like trying to kill someone in a police station, not the best idea...

  2. Default

    I myself use my extra resources doing F@H, sound like a much more useful thing then that, and If I so choose to, I can get money off of it to (EVGA has some promotions)
    Its not fast money but thats not the point. Id rather have my computer working on these types of projects http://folding.stanford.edu/English/Papers
    Last edited by StarsMine; 06-16-2011 at 08:37 AM.


    Quote Originally Posted by Zero
    So... what your trying to tell me is that you saw a spherical square?

  3. #3

    Default

    As of May 2011, no major retailer accepts the currency for payment.

  4. Default

    just me being the normal dumb ass wtf? i can make fake monies just running a program? and use this fake money on shitty real stuff? and starmine whats the diff in dumber words and whats this as of may 2011 thing all about because i want to do this

  5. Default

    Difference?
    F@h does science (goal is not money, though you can get some from some teams, like with EVGA up to 10EVGAbucks a month, usable on their store)

    Superman was saying that as of now, no store actually accepts these as money. You have to find someone who is willing to exchange them first.


    Quote Originally Posted by Zero
    So... what your trying to tell me is that you saw a spherical square?

  6. Default

    seems like there are alot of websites that say the exchange it to your credit card and there is a few sites i found that sells stuff just for bit coins is bit coins trustable?

  7. Default

    Quote Originally Posted by StarsMine View Post
    I myself use my extra resources doing F@H, sound like a much more useful thing then that, and If I so choose to, I can get money off of it to (EVGA has some promotions)
    Its not fast money but thats not the point. Id rather have my computer working on these types of projects http://folding.stanford.edu/English/Papers
    Getting set up for this as "surfacedsquid"

    I'd rather be useful and simulate protein than be selfish and waste time on a useless internet currency.

  8. Default

    http://folding.extremeoverclocking.c...hp?s=&u=555243
    hurray for stats
    I have done it before on my CPU and ps3 (not the smp client) but I never had a name, all that stuff went to anon and ps3. Now its all set up (my e5300 + gtx 460, i7 920 @ 2.8ghz... dads computer and wont let me OC it , and my ps3)


    Quote Originally Posted by Zero
    So... what your trying to tell me is that you saw a spherical square?

  9. Default

    hey Cyber,
    i didn't even have to look at this video. My best recommendation is invest in physical gold and silver. this country is going to go through a great depression within 5 years and the entire world will feel it because the US dollar is THE global currency. i have SLV and SIVR (silver stocks) shares but i will soon trade to physical silver because within a year or two the world will reach a COMEX default and the people will realize SLV and SIVR is backed by nothing. bitcoin i'm sure is no different. so what ever precious metal stocks you invested in will drop dramitically after a comex default. the dollar will crash and physical gold and silver will be the only money you will have. seeds will also be tradable (but that is another story)

    two months ago if you have a silver dime it is worth one gallon of gasoline!!!
    however, the silver price went down right after the government made us believe Osama Bin Laden was killed in May. everyone thought we were going to bring our troops home. but now it is worse. we are sending more troops in the middle east. meaning printing more money which is killing the value of our Dollar and the silver price will climb again, and it will pass $50 an ounce. the true value of silver is suppose to be $120 per ounce. gold vs silver is suppose to be 1:16 (16 ounces of silver will buy your 1 ounce of gold.
    today the gold vs silver is 1:43 !!! silver is under value big time so its a super bargain to buy it now
    here is a crash course:

    www.kitco.com

    http://www.coinflation.com/silver_coin_values.html

    http://www.youtube.com/watch?v=2N8gJSMoOJc

    http://www.youtube.com/watch?v=ga6uCtl4gmM

    you can never go wrong with physical gold and silver because its God's Money:

    if you decide to buy gold or silver these are the best sites.
    www.apmex.com
    http://www.qualitysilverbullion.com/...te=common/home

    GOOD LUCK
    Last edited by alex_mamaroneck; 06-16-2011 at 04:56 PM.

  10. Default

    guys, a bank in japan converts bitcoins to dollars...
    Quote Originally Posted by OMGBEARS
    I feel it is important for me to let you know how feeble your efforts to strike such feelings inside of me really are. I have the internal fortitude of a large animal, an elephant, for instance. Likewise, I'm the result of coitus between the devil and a pack mule made out of chainsaws, so I am extremely strong, and carry little care for others in this world. Trees also stand aside due to my chainsaw blood.
    Quote Originally Posted by ๖ReS View Post
    How am I supposed to tell you to fuck off without replying ?

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