Bitcoin Mining

Discussion in 'The Bar' started by newcastlefan, May 23, 2015.

  1. newcastlefan

    newcastlefan גֵּרְשֹׁם VIP

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  2. dawg

    dawg In The Dog House Staff Member

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    To this day i have never owned 1 bitcoin.
     
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  3. redshirt

    redshirt Well-Known Member VIP

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    I bow to your greater knowledge, but for years zombie botnets have been used to spam email, and participate in DDOS attacks, could one theoretically be used to mine bitcoins? Kind of like the PS3 had seti@home.
     
  4. gilaet

    gilaet mind wandering... Staff Member

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    Russians have been infecting popular game torrents doing that.
     
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  5. Scott

    Scott Masshole Staff Member

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    @froggy
     
  6. newcastlefan

    newcastlefan גֵּרְשֹׁם VIP

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    We don't deal in piddling small change.
     
  7. newcastlefan

    newcastlefan גֵּרְשֹׁם VIP

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    The guy who wrote the article programmed a mainframe to mine bitcoins, but it's incredibly slow. He wrote the program in BAL and punched cards. That's the equivalent of using a horse and buggy to travel from NYC to China: sure it's possible but maybe only your kids will live long enough to buy a Big Mac in Tienamin Sq.
     
  8. Schmoopy

    Schmoopy Shit Mult Hunter Gold

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  9. Daveindiego

    Daveindiego Confirmed Internet Legend Banned User

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    Is it still possible to mine bitcoins, or has it reached the point of too much?
     
  10. HaroldJackson

    HaroldJackson Well-Known Member

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    [​IMG]
    this also ties into Next Level's date thread.
     
  11. newcastlefan

    newcastlefan גֵּרְשֹׁם VIP

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    i think everyone figured that would be your response. you didn't have to reinforce it though.
     
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  12. FatKidSullivan

    FatKidSullivan Smoking Cigars Gold

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    I read somewhere that the cost of electricity is actually more expensive than the amount of bitcoin you will mine. For normal folks, anyway. In America.

    Lord knows what those Chinamen are up to!
     
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  13. Schmoopy

    Schmoopy Shit Mult Hunter Gold

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    :fail:!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:cwl:
     
  14. FatKidSullivan

    FatKidSullivan Smoking Cigars Gold

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    People are trying to talk like rational adults in here.
     
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  15. Schmoopy

    Schmoopy Shit Mult Hunter Gold

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    [​IMG]
     
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  16. FatKidSullivan

    FatKidSullivan Smoking Cigars Gold

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    I don't even see a fail.
     
  17. Daveindiego

    Daveindiego Confirmed Internet Legend Banned User

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    Yeah, I had heard myself that the cost and time to now mine a bitcoin make it pointless for the effort.

    We are smart for knowing that, which probably puts us into the top 95 percentile in smartness on this site.
     
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  18. Schmoopy

    Schmoopy Shit Mult Hunter Gold

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    Where? I think you're on the wrong board.:wtf:
     
  19. Schmoopy

    Schmoopy Shit Mult Hunter Gold

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    what not that
     
  20. FatKidSullivan

    FatKidSullivan Smoking Cigars Gold

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    Thanks for contributing absolutely fucking nothing. As usual.
     
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