OFFICIAL YOUTUBE Thread, MUST HAVE DESCRIPTIVE TITLES-Vol 4
Discussion
kapiteinlangzaam said:
A bit of Googling will give you a proper explanation....
As far as I understand.
-There is a fintie amount of bitcoins.
-Your PC has to solve a puzzle/task to 'unlock' a bit coin
-This requires computing power
-As more and more coins are unlocked, the puzzle to release more becomes exponentially more difficult
-Like the chap in the video said, their profit is directly affected by whatever the current ratio is
-Solo mining with desktop hardware is all but pointless. I think I read it was something like 98 years to mine one coin!
A simple analogy is that it is similar to finding all the prime numbers up to a certain upper limit. If you find it first it is registered as yours. As far as I understand.
-There is a fintie amount of bitcoins.
-Your PC has to solve a puzzle/task to 'unlock' a bit coin
-This requires computing power
-As more and more coins are unlocked, the puzzle to release more becomes exponentially more difficult
-Like the chap in the video said, their profit is directly affected by whatever the current ratio is
-Solo mining with desktop hardware is all but pointless. I think I read it was something like 98 years to mine one coin!
Asterix said:
dmitsi said:
So who is setting these puzzles and controlling the creation of the bitcoins?
Indeed.I might create my own currency 's
tcoins' and make myself incredibly wealthy as soon as everyone else joins up.http://www.pistonheads.com/gassing/topic.asp?h=0&a...
Optic glass sculptures (also featured in Guardians of the Galaxy)
https://www.youtube.com/watch?v=PeMGRMwarKI
https://www.youtube.com/watch?v=PeMGRMwarKI
A very very clean Rover Mini.
https://www.youtube.com/watch?v=fS3_aH5s8JI
When you get it that clean surely you wouldn't even want to drive it?
https://www.youtube.com/watch?v=fS3_aH5s8JI
When you get it that clean surely you wouldn't even want to drive it?
ambuletz said:
A very very clean Rover Mini.
https://www.youtube.com/watch?v=fS3_aH5s8JI
When you get it that clean surely you wouldn't even want to drive it?
That's a very clean example of someone who's gone out and bought every single conceivable extra from an accessories catalogue, and made the end result look like a dog's dinner.https://www.youtube.com/watch?v=fS3_aH5s8JI
When you get it that clean surely you wouldn't even want to drive it?
kapiteinlangzaam said:
Funk said:
kapiteinlangzaam said:
When people ask me how to mine bitcoins at home, I'm going to send them that link and tell them not to bother...That's just insane - £1.5m/mo from that operation!
$80k per month electric bill (per site)!
Silver Smudger said:
Baron Greenback said:
Pesty said:
That's nuts! 
I wouldn't trust that guy to change a wheel on a pram. 
Pesty said:
Poor thing certainly gets some st fed to it.pincher said:
I bet they had a few they cut out though.Seller: "This gun was shot by a 4yo and killed him Mom"
Buyer: "F'ing A! I'm so totally having that one. How much? And do you have any used in like a high school massacre? 'cos I'd love one of those."
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