- May 2, 2012
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What happens Tuesday?
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sounds like a washoutWhat happens Tuesday?
Mining is where its at...
at $300/btc we should focus our resources on building our asic vis a vis a BTC cloud mining rig.
Guides:
http://www.coindesk.com/information/how-to-set-up-a-miner/
Official BTC RIG Estimator
https://tradeblock.com/mining/
bitcoin was created by the government to track the "untrackable"
theyre all idiots.
bitcoins are created by CPU power over time.
the amount you spend on electricity will most likely make your bitcoins worthless unless you are part of the first 10k to start generating them.
and its going to stop at a fixed amount.
stupidest idea ever, every bitcoin has a digital marker showing who made it.
After these yearsIt's good and bad to see NTers finally catching on to all the wonders of the hacker world. My advice to people who aren't familiar with the system who are curious: tread with extreme caution. While the article may seem like this system is untraceable and you're 100% safe, that is certainly NOT the case.
Learn as much as you can before using it, and if you are unsure of anything, don't go through with it. While the community is generally accepting, people can and will take advantage of you, just like any marketplace.